Last week brought some much-needed green to the markets after we’ve been accustomed to nothing but negativity as investors jumped back in hoping to find relief. However, caution needs to be exercised with the talk of a recession and defaults on debt looming over the global economy. Despite most consumers are preparing for a recession.…
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The first day of July was a good one for the stock market, however it was not enough to save investors from another losing week that encompassed the worst first half of a year for the S&P 500 since 1970. The main story lines were all too familiar. War, concerns of economic and earnings growth,…
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6/28/22 Dow Jones 31,501 (+5.39%) S&P 500 3,912 (+6.45%) Nasdaq 11,608 (+7.49%) Bitcoin $21,435 (+4.85%) Last week saw a lot of green for the first time in weeks as Wall Street started buying in with prices depressed. This is following a trend of analysts remaining rather bullish despite the number of warning signs across the world. We are concerned…
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The past few weeks in market has caught many by surprise. We suspected a pullback and adjusted portfolios accordingly, but to what degree was the unknown. We still don’t know what could lie ahead. After a better-than-expected ISM Manufacturing release at the start of the month, the eye-popping US CPI figure of 8.6% has resulted in…
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Dow Jones 31,393 (-4.58%) S&P 500 3,901 (-5.05%) Nasdaq 11,340 (-5.60%) Bitcoin $29,088 (-1.96%) Last week was another awful showing for markets across the board as inflation data and further shutdowns in China continue to spook investors. The week ended with inflation being reported over 8%, a figure that most of us expected but still a shock to the…
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Dow Jones 32,900 (-0.94%) S&P 500 4,109 (-1.20%) Nasdaq 12,013 (-0.98%) Bitcoin $29,822 (+4.36%) Last week ended slightly down overall to kickoff the month of June but otherwise last week was mostly flat given recent movements. The tight job market is affecting businesses differently these days as American small businesses are pulling back on hiring in a tight…
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5/24/22 Dow Jones 31,262 (-2.90%) S&P 500 3,901 (-3.05%) Nasdaq 11,355 (-3.82%) Bitcoin $29,218 (-0.05%) Last week was another wild trading session with Friday’s gains a happy way to end an otherwise down week again. Target and Walmart earnings where key references, showcasing rising costs and slowing consumer spending. We hope this drop in demand can actually have positive…
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Dow Jones 32,197 (-2.14%) S&P 500 4,024 (-2.41%) Nasdaq 11,805 (-2.80%) Bitcoin $29,994 (-16.75%) 5/16/22 Friday was a rollercoaster of a day, but the week still ultimately ended in yet another decline for markets. The collapse of the largest “stable” coin is important for crypto markets, but it is also my belief that this rapid collapse in value will turn smaller retail traders…
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