Market Recap For October 3rd, 2022 Thursday’s end of day rally followed through at Friday’s open, but once again, the larger forces took over and new bear market lows were hit for the S&P and Dow. The start of the week seems likely to...
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I woke up this morning to pounding rain as the outer bands of Hurricane Ian sweep across Florida. Then I flicked on Bloomberg to see the British pound get pounded as the Bank of England felt the need to intervene and buy gilts (bonds) to try to...
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Market Recap For September 29th, 2022 Wednesday’s rally seemed to confirm a rally had taken hold, but Thursday couldn’t have been more opposite than what was expected. Not only did stocks not rally, but they also completely reversed...
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Market Recap For September 28th, 2022 Turns out, the lower prices forecast for the week came and went with mostly a whimper, hitting the low on Tuesday. Expectations were for the decline to end quickly with a rally being close. Wednesday appears...
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