7/18/22 Retail Shows Resilience, Earnings Season Begins

News: Friday started with a bang! According to the U.S. Census Bureau, Retail spending rose 1% in June, topping the estimates and smashing expectations. Image from Stockvault Markets surged higher in unison, and the four big indexes rose 2% (+/-0.2)...

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Jul 18, 2022
7/15/22 Morgan, Pins, and The Mighty Dollar

News: Yesterday markets opened deep in the red for a second day. But once again—closed near flat. The Nasdaq ended with a tiny gain of 0.03%. The Dow and S&P 500 closed down 0.5% and 0.3% respectively. The sectors were divided, only 3 of 11 ended...

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Jul 15, 2022
7/14/22 Did Inflation Just Peak?

News: 9.1% — Prices of everyday items rose 9.1% from last year … The biggest increase since November 1981. When the CPI data dropped, the markets reacted violently … dropping as much as 3% from premarket highs. But buyers showed up and pushed the mar...

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Jul 14, 2022
7/13/22 Manage Your Inflation Expectations

News: Markets opened flat and moved sideways yesterday but finally gave way to selling pressure in the final hour. The Nasdaq and S&P 500 finished the day down 0.9% each. Energy was the worst-performing sector. It was dragged down by the price of...

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Jul 13, 2022
7/12/22 From Russia With No Love

News: Markets fell yesterday. The Nasdaq and Russell 2000 shed more than 2% each. Buyers managed to push the Dow into positive territory for a brief moment but were unable to sustain it. The Dow closed down 0.5%. 9 of 11 sectors ended in the red. The...

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Jul 12, 2022
7/11/22 Jobs, Google, & Twitter

News: On Friday the market received some good news … A blowout jobs report. According to the Bureau of Labor Statics, the U.S. added 372,000 jobs during the month of June. Expectations were less than 300,000. After the report came out the market stru...

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Jul 11, 2022
7/8/22 Green Days Make Green Weeks

News: Markets soared yesterday. It was all buying all day. The Dow underperformed with a gain of 1.1%. The Nasdaq and Russell 2000 led, adding more than 2% each. The S&P 500 posted a 4th day of gains, tying its longest win streak of the year. Fro...

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Jul 08, 2022
7/7/22 Johnson’s Out, Nuclear’s In, Gamestop Splits

News: Markets started with little action yesterday.  Major indexes were flat before the 2 p.m. release of June’s FOMC minutes.  After the droppped, stocks rose modestly with the big three gaining between 0.2% – 0.4% each. The minutes contained no maj...

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Jul 07, 2022
7/6/22 Risk-On Rockets With Recession Warnings Flashing

News: The market went on a ride yesterday. After gapping down about 2% at the open 3 of 4 major indexes closed the day in positive territory. The lone loser was the Dow, which fell 0.4%. Leading the way higher was the Nasdaq. After turning positive m...

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Jul 06, 2022