Market Commentaries

04 Jun

Jobs Report Steadies Market

June 4th, 2021 Stocks added to their year-to-date tally this week as the positive reaction to May’s healthy jobs report offset mid-week volatility from the meme stocks. Theater chain, AMC managed to garner substantial attention as bulls coordinated a squeeze on short-sellers. Despite some volatility in pockets, the broader market was focused on the health…

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21 May

Another Volatile Week as Markets Look Exhausted

May 21, 2021 Digital currencies, special purpose acquisition companies (SPACs), and many high-flying growth stocks took it on the chin early in the week as investors continued fretting over inflation and as China announced a cryptocurrency crackdown. Despite the volatile start to the week, the broader markets attempted to steady themselves by week’s end once…

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14 May

This Week’s SAT Challenge Word: Inflation

May 14, 2021 Inflation was the word of the week on Wall Street as the consumer price index jumped 4.2% year-over-year in April. That was the index’s fastest rise since 2008. The unexpected jump in inflation pushed the Dow Jones Industrial Average down a combined 1,155 points on Tuesday and Wednesday, after having set a…

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