Weekly Market Insights – Tuesday, May 28, 2024
AI Headlines Mixed Week for Stocks: Market performance fluctuated last week following the release of the Fed’s May meeting minutes, while a few mega-cap tech companies were able to buck the trend with notable quarterly earnings. Market Splits Stocks began trading in a narrow band last week. Still, mega-cap tech names rallied in anticipation of […]
Weekly Market Insights – Monday, May 20, 2024
Spring Rally Continues as Investors Await Fed Rate Change: Stocks saw more impressive gains last week, fueled by renewed optimism about interest rate cuts and confidence in mega-cap tech companies. Dow 40,000 The week began quietly as market averages traded in a tight range, awaiting fresh inflation news. On Tuesday, markets rose steadily throughout the […]
Weekly Market Insights – Monday, May 13, 2024
Stocks Climb as Investors Anticipate Possible Rate Cut: Markets experienced notable gains last week, driven largely by growing investor anticipation of interest rate cuts. This optimism continued to fuel the recent rally, providing a welcomed boost with Q1 earnings season winding down. Stocks Rise Steadily Monday opened with stocks picking up where they left off […]
You Call This Stagflation? What’s Up With That?
By Gary Aiken | May 9, 2024 For the first time in seven months, following an impressive rally that saw the S&P 500 surge by nearly 28% from last year’s October lows, stocks declined this April. In my October 2023 analysis, I noted how much negativity was embedded in market participants’ positioning and alluded to […]
Weekly Market Insights – Monday, May 6, 2024
Fed Comments and Strong Earnings Lift Stocks Amid Uncertainty: Stocks continued to fluctuate last week, ultimately finishing higher thanks to dovish comments from the Fed and strong corporate earnings reports. Despite inflation anxiety early in the week, market participants welcomed the news that a rate hike is “unlikely.” Stocks Pop, Drop, Then Rally Markets began […]
Weekly Market Insights – Monday, April 29, 2024
Earnings Season Lifts Markets Despite Inflation Concerns: Stocks rallied last week after a turbulent month, buoyed by strong earnings reports from mega-cap tech companies. This resurgence occurred in the face of new data showing a decelerating economy and increasing inflationary pressures. Stocks Bounce Back. Twice. Last week opened with a rebound rally as investors breathed […]
Weekly Market Insights – Monday, April 22, 2024
Fed Uncertainty and Middle East Tensions Diminish Stocks: Stocks fell for a third straight week amid escalating tensions in the Middle East and mixed signals from Fed officials. Stocks Retreat Markets began the week rattled by rising tensions in the Middle East over the weekend. A bit of good news punctuated an otherwise sour Monday, […]
Weekly Market Insights – Monday, April 15, 2024
Inflation Fears and Geopolitical Tensions Weigh on Markets: Stocks declined last week as investors attempted to navigate conflicting inflation reports. This uncertainty was further complicated by the need to assess the impact of rising geopolitical tensions on the global market. Inflation Spooks Markets On Wednesday, the March Consumer Price Index (CPI) report rattled markets, revealing […]
If You Can’t Explain It, Don’t Bitcoin: Understanding the 2024 Halving Event
By Gary Aiken | April 11, 2024 My first axiom of investing philosophy is, “If you can’t explain it, don’t buy it.” I can explain how a bitcoin is manufactured. I can explain how a bitcoin is held and secured. I can explain how Bitcoin futures work. I have trouble explaining the actual utility of […]
Weekly Market Insights – Monday, April 8, 2024
Latest Fed Comments Stir Up Market Volatility: Stocks dropped last week as investors directed their attention toward “what’s next” for interest rates, following a series of conflicting statements from Federal Reserve officials. Fed Officials Weigh In Stocks struggled out of the gate again last week, ending Monday and Tuesday in the red on concerns that […]