January 7th, 2022 Bulls came out of the gate in 2022 on a strong note, sending the Dow Jones Industrial Average to a record high on Tuesday. Optimism was driven by a positive reassessment of the true risk Omicron presents to the U.S. economy. Unfortunately, the Street’s enthusiasm faded by mid-week as the Federal Reserve’s…
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January 28th, 2022 It may be the dead of winter, but bears were sniffing around Wall Street this week. The Nasdaq Composite narrowly avoided its fifth consecutive losing week, resulting in the index having now declined -14.24% from its all-time high. Although most of the attention has been on the Nasdaq’s volatility, it was the…
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December 17th, 2021 ‘Twas nine days until Christmas and all through the Street, traders were hoping for another winning week. The stage had been set for a run to new highs with retail sales showing holiday shoppers continuing to buy. Chairman Powell dashed hopes for a Santa Claus rally, when the Fed announced that it…
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