Summing Up The Week Monday saw a washout sale and capitulating bounce unlike anything we’ve seen since the pandemic selloff in both stocks and crypto. Then, on Tuesday, the market performed a similar selloff and recovery, too. Volatility is definitely back in...
Summing Up The Week While no stocks were safe this week (except maybe energy), NASDAQ and its tech sector got hit the hardest as the 10-year treasury yield climbed to levels not seen before the pandemic started. To add more fuel to the fire, rhetoric between the U.S....
Summing Up The Week Inflation reports continue to roll in and there’s no sign of the “transitory” hopes mentioned so often in 2021. The Fed’s stated it’s going to take action, and, naturally, the market is losing its mind. Let’s...
Summing Up The Week It’s official, Santa has left Wall Street. The Santa Claus Rally, which often continues a few days into the start of the new year, ended when the Federal Reserve Bank showed its plans to take the punch bowl of free liquidated money away from...
Summing Up The Week Between the tidal wave of omicron cases and tidal wave of inflation data, the week started off very weak as we headed into the Federal Reserve Bank decision on Wednesday. Then, in an odd move, the market actually bounced higher despite an...
