May 2022 Newsletter
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TECH–STOCKS PUSH NASDAQ INTO POSITIVE TERRITORY YEAR–TO–DATE DESPITE MORE NEGATIVE ECONOMIC NEWS Weekly Market Update — May 11, 2020 The major U.S. stock markets were positive most of the week, driven by the larger tech–stocks but also by the Energy sector NASDAQ skyrocketed to a gain of 6%, pushing its YTD return into positive territory …
MARKETS MIXED AS STATES BEGIN TO OPEN UP AND APRIL RECORDS ITS BEST MONTHLY GAIN SINCE 1987 Weekly Market Update — May 4, 2020 The mood on Wall Street was more positive this week, as 18 states announced that they would reopen as of May 1st, pushing the markets up through the middle of …
DOMESTIC LARGE–CAP INDICES LOSE GROUND AS OIL PLUNGES INTO NEGATIVE TERRITORY AND WASHINGTON PASSES STIMULUS PACKAGE 3.5 Weekly Market Update — April 27, 2020 Markets were mostly down this week, as the large-cap U.S. market indices snapped their two–week winning streak and ended lower In a reversal of past weeks, the small-cap Russell 2000 Index …
U.S. MARKETS HOLD UP WELL AS THE 1Q2020 EARNINGS SEASON KICKS OFF AND DESPITE A DELUGE OF NEGATIVE ECONOMIC DATA Weekly Market Update — April 20, 2020 It was a very eventful week for U.S. stock markets and the range of performance was stunningly wide NASDAQ leaped 6.1% on the week, far outpacing the 3.0% …
Philadelphia Fed Index dropped to its lowest reading since July 1980 Read More »
MARKETS SKYROCKET AS CORONAVIRUS CASES SEEM CLOSE TO PEAKING, WASHINGTON PREPS STIMULUS #4 AND THE FED GETS MORE AGGRESSIVE Weekly Market Update — April 13, 2020 In a sharp departure from the past 6 weeks, U.S. stock markets leaped to their best weekly gains in over four decades, as the Federal Reserve announced more aggressive …
MARKETS SKYROCKET AS CORONAVIRUS CASES SEEM CLOSE TO PEAKING Read More »
DJIA RECORDS BEST WEEKLY GAIN SINCE 1938, BUT MARKETS STILL FIRMLY IN THE PAWS OF THE BEARS AS RECORD STIMULUS BILL PASSES Weekly Market Update — March 30, 2020 U.S. markets reversed the recent weekly declines and jumped significantly as value–investors scooped up shares at discounted levels and Congress put the finishing touches on a …
Weekly Market Update — March 23, 2020 Wall Street suffered a wild week during which the major U.S. equity indices suffered losses not seen since 2008 The DJIA fell more than 17%, followed by the 15% retreat in the S&P 500 and the more than 12% decline in NASDAQ The smaller–cap Russell 2000 Index dropped …
THE CORONAVIRUS BEAR RUTHLESSLY STALKS WALL STREET AND MAIN STREET Read More »
STOCKS UP FOR SECOND WEEK IN A ROW AS THE LARGE TECH NAMES LEAD AND THE CORONAVIRUS DOMINATES HEADLINES Weekly Market Update — February 17, 2020 U.S. equity markets continued their record–setting ways, moving up for the second week in a row, despite increasing worries about the coronavirus As seems to be the norm, the …
STOCKS UP FOR SECOND WEEK IN A ROW AS THE LARGE TECH NAMES LEAD Read More »