Sugar Rush The stock market got a pre-Halloween sugar rush, with the S&P 500 3.9% higher, the Nasdaq showing a 2.2% gain, and the Russell 2000 jumping 6.0%. The rally from the previous Friday continued through Tuesday, but disappointing results from Alphabet and...
Last Week: The S&P 500 gained 0.64% to finish at 3372.85, just fractionally below the record close of 3386.15 set on February 19 of this year. It briefly reached an all-time intra-day high Wednesday, before dipping lower later in the afternoon. Both the bond...
Last Week: Despite a mixed bag of news, investors were treated to a Halloween rally that saw the S&P 500 gain 1.47% to set a new record high. The yield on the Ten-Year Treasury trickled down 7 basis points to 1.73% and the U.S. Dollar held steady. Apparently the...
Last Week: Inertia: a property of matter by which it remains at rest or in uniform motion in the same straight line unless acted upon by some external force. With no changes to the narrative to motivate traders, the stock market pendulum has recently found a resting...
Last Week: A bagful of earnings, economic data, and tweets, left investors to digest whether these were tricks or treats. By Friday’s close the verdict was primarily treats, as the S&P 500 snapped its losing streak to finish +2.42%. Nevertheless, there were a few...
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