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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December 10th, 2021 With 14 trading days left in 2021, bulls wasted no time in turning markets around from last week’s Omicron-fueled sell-off. The bullish sentiment on the Street was driven by early data on the Omicron variant signaling the variant causes mild symptoms and the current arsenal of Covid vaccines provide a high degree…
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