Markets On Fire After the 4th
July 10, 2022
The US stock market indices must have had a nice 4th of July cause all three posted gains for the four-day trading week.
Markets On Fire After the 4th
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Positive Week from Slowing Growth
Positive Week from Slowing Growth
June 26, 2022
Finally, after enduring downdrafts the past 10-11 weeks, we experienced positive returns from all three major US stock market indices. Although it may be an aberration in a bear stock market, it still feels good.
Toughest Week Since March 2020
Toughest Week Since March 2020
June 19, 2022
Both the S&P 500 and Nasdaq have suffered losses 10 of the past 11 weeks while the DJIA has now been down 11 of past 12 weeks. Last week was the worst carnage since March 2020.
Price Hikes for All but the Market
Price Hikes for All but the Market
June 12, 2022
Everything is going up in price—gas, food, shipping, apparel, etc.—except the US stock market.
So Long End-of-May Eurphoria
So Long End-of-May Eurphoria
June 5, 2022
Well, the euphoria of gains in the last trading week of May wore off quickly! June kickstarted with negative returns (i.e., DJIA: -1.05%, S&P 500: -1.63%, Nasdaq: -2.47%).
S&P Hits Bear Market Territory
S&P Hits Bear Market Territory
May 22, 2022
It was another difficult week for the major US stock market indices (i.e., DJIA: -2.91%, S&P 500: -3.04%, Nasdaq: -3.82%). Make that 8 weeks in a row of drawdowns for the DJIA and 7 straight for the S&P 500.
Seems Like “Groundhog Week”
Seems Like “Groundhog Week”
May 15, 2022
It seems like “Groundhog Week,” so to speak. All three major US stock market indices posted losses again (i.e., DJIA: -2.14%, S&P 500: -2.41%, Nasdaq: -2.80%). Yes, this movie is getting old.
The Theory of Relativity
The Theory of Relativity
May 8, 2022
If you look at the theory of relativity, then last week wasn’t so bad! Yes, all three of the major US stock market indices were down (i.e., DJIA: -0.20%, S&P 500: -0.20%, Nasdaq: -1.54%). However, on a relative basis, it wasn’t as bad as the past several weeks!
Talk about a Roller Coaster Ride
Talk about a Roller Coaster Ride
May 1, 2022
This past week was a doozy with all three major US stock market indices closing down (i.e., DJIA: -2.46%, S&P 500: -3.28%, Nasdaq: -3.93%). In fact, the month of April posted its worst showing for the S&P 500 since March 2020 and the tech-heavy Nasdaq since October 2008!
Rising Interest Rates and Inflation
Rising Interest Rates and Inflation
April 24, 2022
When there are more than two data points, it may indicate a trend! For the past three weeks (and a fourth for the DJIA), the US stock market indices have posted losses (i.e., this past week: DJIA -1.85%, S&P 500 -2.75%, Nasdaq -3.83%).