The Wall Street Debrief
Market Intelligence
The Wall Street Debrief
Market Intelligence
- The Wall Street Debrief
- The Wall Street Debrief
Markets Post Best Month Since November 2020
Good evening: Markets moved higher for the second consecutive week -- and it was a big one. The Federal Reserve hiked interest rates. Big Tech reported earnings, and Apple has reached its highest level in nearly four months after posting FQ3 results that were better-than-expected and saying sales should "accelerate" in the...
- The Wall Street Debrief
Markets Reverse Friday After Steady Week
Good Evening: Markets had a relatively strong week, given what we’ve been seeing, with a sour ending. This S&P 500 actually got above 4,000 today briefly but retreated into the close. Snap reported earnings after the bell Thursday and had a significant miss. Several downgrades followed. The company was down...
- The Wall Street Debrief
Markets Rally Hard on Friday, All Sectors Green
Good Evening: In times of uncertainty, Abraham Lincoln quoted lines from Shakespeare’s _Hamlet_. “There’s a divinity that shapes our ends, / Rough-hew them how we will.” Hamlet is acknowledging that there are many things outside of his control. The point is that much of life, and markets, is shaped by...
- The Wall Street Debrief
Markets Rally Hard on Friday, All Sectors Green
Good Evening: Markets had a strong week and rallied robustly on Friday. Stocks rallied into the close and ended near sessions highs. All sectors were in the green. The top three sectors on Friday were Materials, Financials and Consumer Discretionary. Earlier in the week Defensive sectors like Healthcare, Utilities and...
- The Wall Street Debrief
Managing Emotions Amid Volatility
Good Evening: _“People are like stained-glass windows. They sparkle and shine when the sun is out, but when the darkness sets in, their true beauty is revealed only if there is a light from within.” -- Elisabeth Kübler-Ross_ Nothing is entirely predictable. The German physicist Werner Heisenberg, who came up...
- The Wall Street Debrief
S&P 500, Nasdaq Finish Higher For 4th Straight Week
Good evening: What a summer rally it’s been for markets. Amid the hubbub of recessionary fears, 40-year-high inflation, war, supply chain challenges, and rising rates, everyone has become fixated on a new question: Given the recent rally, is the bear market of 2022 over? Tom Lee, our Head of Research,...
- The Wall Street Debrief
How to View This Turbulent Market
Good Evening: “_If you’re invested in security and certainty, you are on the wrong planet._” – Pema Chödrön During our Friday morning meeting in New York, Mark Newton, head of technical strategy, drew a fascinating comparison between this environment—one of the more treacherous we’ve seen—and that of 1962. It was...
- The Wall Street Debrief
Markets Rally On Friday, But Still Down For The Week
Good Evening: This was another dramatic and volatile week in markets. A higher-than-expected inflation reading on Wednesday spooked markets a bit, but an even bigger sell-off occurred on Thursday when the S&P 500 briefly dipped to lows below 3,860. Today, markets recovered with a strong rally that brough the VIX...
- The Wall Street Debrief
Staying Cool Amid the Panic
Good evening: Many people seem to believe we live in especially exhaustive, volatile times. But the rhythms of our moment – pandemic, protest, pandemic, election, insurrection, pandemic, inflation, invasion of Ukraine, market volatility – are nothing new. As Tom Lee, our head of research, likes to note: There’s nothing new...
- The Wall Street Debrief
Markets Clock Worst Month since March 2020
Good evening, everyone, and happy Friday. We need a breather. In April, stocks posted their worst month since March 2020. The NASDAQ and S&P 500 clocked their fourth consecutive losing week, which doubled as the NASDAQ’s worst month since 2008. The U.S. economy shrank in the first quarter at a...