Summing Up The Week No matter what the pundits have been saying about the markets pricing in an election win by President-Elect Donald Trump for weeks now, the unbelievable rally in stocks and Bitcoin following Tuesday’s sweep by Trump solidly proves the market...
Summing Up The Week The markets finally seemed to realize that the presidential election is coming up in a matter of days which brought volatility into stocks over the past week. Rising 10-year treasury yields gave the S&P 500 and Nasdaq three days of relentless...
Summing Up The Week Early in the week, stocks remained relatively uneventful, staying flat to slightly positive for the majority of the week until Thursday. At that point, signs of reigniting inflation spooked investors. Despite Nvidia’s absolutely outstanding...
Summing Up The Week The market spent the week whipsawing on every news catalyst, initially seeing a negative reaction to the move in the yen, Japan’s weakened currency, then popping on the back of the Fed’s dovish comments only to give it all back at the...
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....
