Summing Up The Week Just like September before it, October seems to be defying seasonality as stocks continued to rally this week. This week, the U.S. consumer remains resilient, earnings (particularly from banks) continue to come in strong, and news about nuclear...
Summing Up The Week Stocks rallied for most of the week up until Thursday when worrying economic data came out both regarding inflation (in the form of the Consumer Price Index (CPI)) and the health of the labor market (in the form of bigger than expected initial...
Summing Up The Week Despite Tuesday’s consumer confidence survey falling the most in three years, stocks shrugged off the news and rallied. In fact, the S&P 500 made new intraday all-time highs nearly every single day regardless of whether stocks finished...
Summing Up The Week After last week’s selling rout into the weekend, investors didn’t quite know what to expect when this week kicked off. Fortunately, investors came in and bought the dip on Monday, and, while Wednesday looked particularly treacherous...
Summing Up The Week As many analysts expected, it was a quiet week in stocks for the first half, however, on Thursday, investors got jittery going into the Federal Reserve meeting in Jackson Hole and caused the stock market to sell off a bit with the S&P 500 down...
