Your Weekly Roadmap
- Your Weekly Roadmap
“Whenever you find yourself on the side of the majority, it is time to pause and reflect.”- Mark Twain There’s a lot of complex jargon and intimidating math associated with markets, as there should be. When someone’s managing many billions of dollars, obviously you’re going...
- Your Weekly Roadmap
Markets Shrug Off Disappointment After Red Wave Fails to Materialize, Climb on Decelerated Inflation Numbers
We saw three major influences on the markets this week: the midterm elections, the weeklong drama around the collapse of cryptocurrency exchange FTX, and Thursday’s inflation-data releases. Ultimately, the market ended the week strongly. The SPX was up 5.88% for the week, the Nasdaq rose 7.78%, and Treasury yields fell,...
- Your Weekly Roadmap
Markets Rally Friday After Mixed Jobs Numbers, But Down on The Week After Hawkish FOMC Press Conference Prompt Rate Fears
Markets were down for the week after Wednesday’s FOMC meeting poured cold water on dovish hopes but rallied on Friday after mixed jobs data. Chairman Powell said that it was “premature” to consider a pause. Also, the Chairman specified he would prefer to overtighten, though he did not think they...
- Your Weekly Roadmap
Market Has Strong Rally Despite Tech Earnings, Apple Holds The Line
Markets had their fourth consecutive weekly gain and showed stunning resilience in the face of headwinds. Markets rallied very strongly and closed at the highs of the day and the VIX went to the 25 handle. The Dow is on track for its strongest monthly performance since Gerald Ford’s presidency....
- Your Weekly Roadmap
Markets Rally on Hopes for Fed Pause, Earnings Have Been Mixed
Markets had their best day since June in a furious rally that was led by Materials, Financials and Technology. This was the third positive week in a row, and the first three-week winning stretch all year. A Wall Street Journal article by Nick Timiraos renewed hopes that the Fed would...
- Your Weekly Roadmap
Markets Have Wild Ride After Hot CPI Report
Well, that was a truly hectic week in markets. If you don’t like the direction prices are going, just wait a few minutes. The CPI came in hot. It was up 8.2% on a YoY basis and 0.4% for the month, which was above the 0.3% estimate. The report was...
- Your Weekly Roadmap
Markets Start Week With Powerful Risk-On Rally and Sell-Off Friday on Strong Jobs Report
“It is always from a minority acting in ways different from what the majority would prescribe that the majority, in the end learns to do better.”- Fredrich August von Hayek Open-mindedness and a willingness to learn are crucial to sustained investing success. Many investors may ignore content that differs from...
- Your Weekly Roadmap
Few Bulls Standing Amidst Rising Market Volatility
Good Evening, There is an adage on Wall Street: _MARKETS TAKE THE STAIRCASE UP, AND THE ELEVATOR DOWN._ This week, however, markets got excited and took the elevator both ways in a rollercoaster tape for the stock market. The major averages took a unanimous tumble this week, with both the...
- Your Weekly Roadmap
S&P Breaks June Lows in the Afternoon and Recovers into Close, Dow at 2022 Low
The Dow and the S&P 500 were down about 5% for the week. THE JUNE 16TH LOWS WERE BREACHED INTRADAY FOR THE S&P 500. CHANCES OF RECESSION ARE GOING UP, ACCORDING TO JP MORGAN. THEY ARE ABOUT AT A COIN FLIP OVER THE NEXT YEAR AND 74% OVER TWO YEARS....
- Your Weekly Roadmap
All Eyes on Powell as Markets Struggle Amidst August CPI Report
Good Evening, Markets had a treacherous week following the hotter-than-expected August CPI print, with major indexes posting their worst weekly performances in months. Following Tuesday’s CPI release, the Nasdaq 100 went completely “no-bid”, all 30 stocks in the DJIA declined, as did all 11 sectors in the S&P 500. Yields...
- Your Weekly Roadmap
Market Has First Week Up After Three Down, Dollar Reversal Spurs Risk Rally In Equities
Good Evening, Stocks ended up this week up after three straight weeks down. Shortly after opening, the S&P 500 moved above its 100-day moving average. It was a risk-on rally led by Communication Services, Energy, Technology, and Consumer Discretionary respectively. The Nasdaq outperformed and Bitcoin also took off, climbing about...