Weekly Market Update – January 8, 2024
Over the week, the stock market saw a shift in sentiment following nine consecutive weeks of gains that closed out the previous year. The primary factors influencing the market included profit-taking in mega-cap stocks, concerns about rising rates, and specific stock-related news.
Read MoreWeekly Market Update – January 2, 2024
During the week of December 26 to December 29, 2023, several specific events tied to financial, economic, and political issues influenced the stock market.
Read MoreWeekly Market Update – December 26, 2023
Over the week spanning December 18 to December 22, the stock market continued its impressive rally, marking its eighth consecutive week of gains. This upward trend was driven by a combination of declining market rates, a positive economic forecast, a widespread fear among investors of missing out on additional increases, and a rise in speculative trading amid a relative absence of selling pressure. Notably, the Russell 2000 index outperformed with a 2.5% increase, reflecting these broader market trends.
Read MoreWeekly Market Update – December 18, 2023
Navigating the stock market can often feel like trying to keep up with a soap opera – full of unexpected plot twists, dramatic turns, and the occasional need for a strong cup of coffee. The past week in the stock market was no different, with a mix of financial, economic, and political dramas playing out. Let’s take a stroll through Wall Street’s latest episodes, and then peek into what might be brewing for the week ahead.
Read MoreWeekly Market Update – December 11, 2023
In the stock market, the only constant is change – and the occasional need for a strong cup of coffee. Let’s dive into the past week’s financial, economic, and political rollercoaster, and then take a sneak peek at what might stir the pot in the week ahead.
Read MoreWeekly Market Update – December 4, 2023
In the ever-twisting soap opera that is the stock market, the past week has been particularly binge-worthy. Let’s unpack the financial, economic, and political dramas that have influenced the market, and take a sneak peek at what might be in the next episode.
Read MoreWeekly Market Update – November 27, 2023
Over the past week, the stock market has experienced a range of influences from the financial, economic, and political arenas, contributing to its performance and investor behavior.
Read MoreWeekly Market Update – November 6, 2023
Imagine the stock market is like one of those big family reunions. Last week, everyone was eager to hear the latest gossip — or in Wall Street terms, the quarterly earnings. Apple, the favorite cousin everyone brags about, didn’t have the best news this time. Their report card wasn’t as shiny as we hoped, causing a bit of a family squabble, but nothing too dramatic.
Read MoreWeekly Market Update – October 30, 2023
So, picture this: at the start of the week, the S&P 500, which is like the heartbeat of the stock market, slipped below its 200-day moving average. Now, that might sound like fancy jargon, but it’s like the market’s way of saying, “Uh-oh, we’ve hit a rough patch.” And by the end of the week, the S&P 500 had dropped a whopping 10.3% from its peak in July. Yep, that’s what the experts call a “technical correction.” It’s like when you take a wrong turn and have to backtrack.
Read MoreWeekly Market Update – October 9, 2023
Are you feeling a bit lost in the world of finance? Don’t worry; you’re not alone. The stock market has been on a bit of a rollercoaster lately. Let’s take a closer look at what’s been happening and what it means for folks like us who are either approaching retirement or are already there.
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