Summing Up The Week Initially, the rally we’d seen for the majority of January continued to kick off the week until Federal Reserve Chairman Jerome Powell threw water on the markets during his press conference on Wednesday when he said a March rate cut was unlikely....
Summing Up The Week The Bulls and the Bears still can’t figure out which way they want to take stocks. Whenever one camp gets a foothold, the other swings their legs out from under them. On the one hand, the intraday volatility can provide a lot of opportunities...
Summing Up The Week It didn’t take a genius to know that the beginning of the year would be weak as institutions and professionals took profits from last year which they didn’t want to create tax events at the end of 2023. I know this because I’m...
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Summing Up The Week After a somewhat dull Monday despite Moody’s credit agency downgrading its outlook on the U.S. economy on Friday night, the markets positively exploded higher on Tuesday following a cooler-than-expected Consumer Price Index (CPI) report. The...
