Markets look to the Fed again to build on S&P 500 record as Congress continues to disappoint The Fed’s annual Jackson Hole symposium has gone virtual this year, but investors still look for it to provide insight in the coming week into what the central bank could do to help the economy. The keys may […]
It was a rusty week for me as far as day trading goes. I’m off the vacation hangover though and ready for full action next week. Now let’s take a look at what transpired in the market this week! Nasdaq Composite – Rose 2% to close at all time highs again this week on the […]
Markets could be challenged by Washington stimulus talks and China tensions Stocks head into the summer doldrums with concerns about a lack of progress in Congress on stimulus spending and rising tensions between the U.S. and China. The market has so far priced in a stimulus package of at least $1 trillion, but stocks edged […]
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Market Summary: Week of August 7
Canadian stocks extended the previous week’s gains, while the Nasdaq set another record on better-than-expected economic data and improved trends in U.S. COVID cases. Business activity for the manufacturing sector expanded in Canada, and the domestic economy added 418,500 jobs in July, beating estimates. Following the three-month rebound, Canada has now recouped 55% of jobs […]
The jobs report and congressional politics may matter more for markets than earnings in the week ahead About 1.4 million jobs were expected to have been added in July, and Friday’s employment report could be big for the markets since expectations for non-farm payrolls fall in a wide range. About a quarter of S&P 500 […]
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Market Summary: Week of July 30
Up and down week. It seems as though the virus, jobless claims, and GDP don’t matter yet. Let’s just buy the big stocks and sell everything else I guess. Amazon had RECORD PROFIT in their earnings this week. Apple is doing a 4-1 split. The S&P 500 remains under 3300 points and was up 1.5% […]
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The Magic of Delayed Gratification
“Patience is bitter, but the fruit is sweet.” -Aristotle Nature naturally displays this all important principle. A farmer must plant the seeds and wait for it to grow and bare fruit. This is the same for humans. You must be willing to delay your gratification. Let’s demonstrate this principal in one of the easiest and […]
Here comes one of the newsiest and most critical weeks of the summer for markets! In a summer of unending news, we may be heading into what could be the newsiest week of all. The Nasdaq’s sputtering rally could be put to its biggest test yet, as tech bellwether AAPL and other stalwarts of the tech rally […]
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Market Summary: Week of July 24
Definitely a noticeably slower week in the markets aside from Monday and Friday. With jobless claims up, COVID cases and deaths up, as well as China tensions increasing we finally got a little sell off going in the Nasdaq and the market over all. Of course earnings are starting to take their toll this week […]
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What’s My Why, What’s My Purpose?
“To begin to think with purpose, is to enter the ranks of those strong ones who only recognize failure as one of the pathways to attainment.” ―James Allen It’s 6 pm on a hot summer Sunday. You’ve been gardening all afternoon with the sun beating down on you from every direction. You skipped lunch and […]