Summing Up The Week The shortened trading week (thanks to the Good Friday holiday) started off relatively benign without a whole lot of volatility, a welcome change in comparison to the past two weeks. However, when consumer spending revealed a front-running of buying...
Summing Up The Week President Donald Trump keeps bringing the hits when it comes to market-moving news. On Monday, indexes opened the day down significantly before recovering their losses more or less by the end of the day. Tuesday saw the reverse – stocks...
Summing Up The Week You would have had to been crazy to think that any of the datapoints released before Wednesday would have dramatically affected the markets one way or another. No, this week was always going to be about “Tariff Wednesday” and the jobs...
Summing Up The Week Stocks traded mainly in a range this week with the S&P 500 and Nasdaq both clearly below their key moving averages. The Bulls made several attempts to break the S&P 500 over its 200-Day Exponential Moving Average (EMA), most notably after...
Summing Up The Week President Donald Trump’s tariff tirade continued to cause the market to sell off dramatically early in the week with the S&P 500 down nearly 3% and the Nasdaq down 4% on Monday alone. Even cooling inflation data did little to nothing to...
