Summing Up The Week In my 26 years investing in the stock market, I’ve seen some absolutely crazy things from the dot-com crash to the near destruction of global financial markets during the Great Financial Crisis. However, as horrible as the negative catalysts...
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 After last week’s selling rout into the weekend, investors didn’t quite know what to expect when this week kicked off. Fortunately, investors came in and bought the dip on Monday, and, while Wednesday looked particularly treacherous...
Summing Up The Week The stock market always looks for a reason to sell in September and it didn’t have to wait long with disappointing manufacturing news on Tuesday. The labor market didn’t have anything good to say, either, with job openings falling more...
Summing Up The Week Volatility reached year-over-year highs this week as economic data and bad earnings slammed markets. Friday’s jobs report capped off the concerns with higher-than-expected unemployment triggering what’s called the Sahm Rule (read on to...