Weekly Movers
August 29th, 2022
Starbucks Corp. engages in the production, marketing, and retailing of specialty coffee. It operates through the following segments: North America, International, and Channel Development.
Take a look at the 6-month chart of Starbucks (SBUX) below...
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August 29th, 2022
The Fed and Jerome Powell stuck again, this time from a Federal Reserve symposium in Jackson Hole, Wyoming. During the conference, Powell reinstated his and the Fed’s resolve to fight inflation with a continued hawkish outlook. He admitted that...
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August 27th, 2022
Market Recap For August 26th, 2022
It would appear that Thursday might have been a case of “buy on the rumor” with Friday being the “sell on the news” situation? Regardless, Friday was a rough one.
Whether or not markets are in the midst...
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August 27th, 2022
This morning, while taking a quick peek at my emails, I found several messages from people who became worried after reading my article yesterday.
“Do you think Powell will really stick to his guns, no matter what happens in the market?”
“Other...
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