News: Yesterday stocks rallied broadly from oversold conditions. The Russell 2000 lagged with a gain of just 1.7% while the big three indexes all posted gains of more than 2%. The Energy sector gained more than 5% after entering a bear market last week. While the Communication sector was the day’s worst performer. Food giant …
6/22/22 Food, Airlines, & Tesla … Don’t Trust the Bulls Read More »
News: Friday markets ended a red week with a mixed close. The Nasdaq rallied 1.4% while the Dow closed down just 0.1%. Communication, Consumer Discretionary, and Technology sectors all gained more than 1%. But the Energy sector, as tracked by XLE, dropped more than 5% and entered a bear market closing the day down more …
6/21/22 Metaverse Investments, Energy Tanks, & EV Chargers Get A Boost Read More »
OK, the crypto market is down—a lot. I’m not going to mince words with you either … The fact is the price of Bitcoin crashed. And it keeps sinking. As profits turn to losses, everyone is seeking answers. Photo by Andrea Piacquadio from Pexels Where’s the bottom? Is Bitcoin dead? How long will this bear …
News: Just one day after The Fed’s latest interest rate hike extreme fear has demonstrated its unwavering grip on the market. The Dow Jones, fell 2.4% to finish the day just 487 points above an official bear market. The S&P 500, Nasdaq, and Russell 2000 each fell deeper into bear markets with declines of 3.3%, …
6/17/22 Fear Wins As Energy Falters & The Swiss Surprise Read More »
News: The Federal Reserve increased short-term interest rates by 0.75%. That puts the “target range“ between 1.5% and 1.75%. It’s the largest single increase since 1994. The market appeared to take the rate hike and Fed Chair Powell’s comments in stride. The big four indexes rose between 1.0% and 2.5% by the close. Powell told …
News: Yesterday the selling stopped … Sorta. Markets trended down all day but rallied in the final hour to close mixed. The Dow and S&P 500 gave up about 0.5% each, while the Nasdaq eked out a gain of 0.2%. The Energy and Technology sectors were the only ones to close in positive territory. The …
It’s a must-have for 2023… You can order yours today! This amazing project is the first of its kind. Click here to visit the official Kickstarter page, and preorder your 2023 calendar today. I’ve uploaded a video to explain exactly what it is and why you’ll love it. Click this link to learn more!
News: The market freefall continued yesterday, the Nasdaq and Russell 2000 lost nearly 5% each. The S&P 500 dropped almost 4% to officially enter a bear market. Energy was the worst-performing sector as some actual economic slowdown began to get priced in. New COVID outbreaks in China are threatening to put the nation back in …
News: The CPI report dropped Friday morning and roiled the markets. The key inflation gauge set a new 40-year high revealing an 8.6% increase in prices year over year. Most notably, food prices are up over 10%. After the news broke the markets tanked… The Nasdaq led the way lower with a decline of 3.5% …
6/13/22 Too Little Too Late? Inflation, Budgets, & Tesla Read More »
You’ve likely heard of the Dow Jones and the S&P 500. But what exactly do these indexes mean? Today you’ll learn exactly what the indexes are and what you can learn from each one. Photo by Markus Spiske from Pexels Stock market indexes are hypothetical portfolios representing a segment of the market. We use four …
What Are Stock Market Indexes? And What Can Each One Tell You? Read More »
