For the past 2 weeks, it has been a tale of two tapes. The financial market rebounded from having one of its worst weeks of the year (since February) to delivering one of the best performances for the year (since February). The S&P 500 rallied by more than 2.8%, the Dow surged +3.3% and small-caps...
This week, investors got a jolt as the market started to correct itself with the S&P 500 wrapping the week up in the negative territory. The S&P is still up +12% YTD but this week's closing was its worst since 2/22/21. With a hairline of 20+ points, the Nasdaq lost its 4-week winning streak and th...
Markets rallied to all-time highs this week on the backdrop of long-term interest rates retreating. This despite the fact that the inflation data this week showing the highest annual increase for consumer prices in a decade. So, why the contrast in the news? It was just a couple of months ago tha...
Markets have recently been on a subdue rally where in the past 3 weeks it has yet to hit a new historical high. However, both the S&P 500 and Dow Jones (DIJA) came close to hitting all-time highs. On Friday, the S&P 500 index came in above 4232 while the Dow hit near highs at +34,777. There has b...
