News: On Monday, markets opened the week on an upbeat note. Investors brushed off headlines about the potential debt ceiling crisis and closed at the day’s highs. The indexes all finished green. The riskier the stocks, the bigger the gains… Sector Ro...
News: The market sank on Friday. The indexes closed the day mostly lower and little changed… There was no significant news for the market to digest. Sector Round Up The sectors were split. 7 of 11 ended Friday higher At the top… At the bottom… Much o...
News: The PPI, which tracks the prices manufacturers are paying, has returned to pre-inflation, pre-pandemic levels… In April, producer’s prices rose just 2.3% since April of last year. That figure is only a smidge higher than The Fed’s target of 2.0...
News: Headline inflation clocked in at 4.9% year-over-year, according to the latest Bureau of Labor Statistics data. The trend continues to point lower… Stocks took the news in stride … The lower inflation is, the better chance The Fed is done with i...
News: Markets retreated some on Tuesday. The indexes opened lower and moved sideways throughout the session. The close was generally lower… Debt ceiling negotiates, or lack thereof were the primary headline on Tuesday. Our take … the market barely mo...
News: Markets opened the new week directionless. The indexes opened mixed, moved sideways throughout the session and closed the day little changed… There was no major news items for the market to digest. Sector Round Up The sectors were split too. 3...
News: US Employers added 253K new jobs in April, according to the latest government statistics. Forecasters expected only 180K to be added. The announcement came only days after the Fed suggested interest rates are high enough, and there was no appar...
News: Shares of several regional banks tumbled with PacWest Bancorp (PACW) during Thursday’s trading session. The continued uncertainty in the banking world put a drag on the markets. All of the indexes spent the day in the red, the price action was...
News: Markets opened green on Wednesday ahead of the latest FOMC decision. At 2 PM, the market cheered the latest announcement… After Powell left the stage, the markets got a rug pull. The indexes went from green to red and closed at their session lo...
News: On Tuesday, Federal Reserve officials gathered in Washington to decide what to do with interest rates. This FOMC meeting is the second since the banking crisis began. The indexes opened red and plummeted through the morning. After lunchtime, ma...