Summing Up The Week Holiday weeks can often be interesting to watch. With many professionals and retail traders taking the entire week off, trading volume decreases which means relatively small news events can really move the markets. Of course, with everyone being...
Summing Up The Week As has become the norm during a week with a Federal Reserve meeting, the markets traded relatively flat to down before Wednesday’s Fed announcement of its new interest rate hike and plans for the future of its fight against inflation. Naturally,...
Summing Up The Week Inflation shows positively no sign of letting up, and now with global economic concerns in the form of potential sovereign debt crises rearing their heads, the stock market continues its trek through dark days during the year’s spookiest...
Summing Up The Week The first half of the week was made up of market indecision as it seemed like everyone was waiting to see what the Federal Reserve would do when it came to hiking interest rates during their Wednesday meeting. The markets seemed to stabilize on...
Summing Up The Week The market rallied throughout the majority of the week, and while it looked like it wanted to roll over on Wednesday, stocks seemed to recover during Thursday’s trading. Will this bull rally continue or are we do for a seasonal shock to the...