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...
Summing Up The Week I still find it crazy the number of market participants who claim the stock market was not volatile during President Donald Trump’s first term in office. The day-to-day volatility was particularly insane when Trump kicked off the trade war...
Summing Up The Week Inflation delaying the next Federal Reserve interest rate cut was the drumbeat of the news this week with both the Consumer Price Index (CPI) and Producer Price Index (PPI) inflation gauges coming in hotter than expected. Federal Reserve Chairman...
Summing Up The Week It only took a few weeks for stock market participants to remember President Donald Trump’s “amazing” negotiation tactics from his first term. Initially, stocks sold off Monday morning on the back of Trump threatening massive...