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Positive Housing Data, Vehicle Sales & More!

TECH–STOCKS PUSH NASDAQ INTO POSITIVE TERRITORY YEAR–TO–DATE DESPITE MORE NEGATIVE ECONOMIC NEWS Weekly Market Update — May 11, 2020 The major U.S. stock markets were positive most of the week, driven by the larger tech–stocks but also by the Energy sector NASDAQ skyrocketed to a gain of 6%, pushing its YTD return into positive territory …

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Philadelphia Fed Index dropped to its lowest reading since July 1980

U.S. MARKETS HOLD UP WELL AS THE 1Q2020 EARNINGS SEASON KICKS OFF AND DESPITE A DELUGE OF NEGATIVE ECONOMIC DATA Weekly Market Update — April 20, 2020 It was a very eventful week for U.S. stock markets and the range of performance was stunningly wide NASDAQ leaped 6.1% on the week, far outpacing the 3.0% …

Philadelphia Fed Index dropped to its lowest reading since July 1980 Read More »

MARKETS SKYROCKET AS CORONAVIRUS CASES SEEM CLOSE TO PEAKING

MARKETS SKYROCKET AS CORONAVIRUS CASES SEEM CLOSE TO PEAKING, WASHINGTON PREPS STIMULUS #4 AND THE FED GETS MORE AGGRESSIVE Weekly Market Update — April 13, 2020 In a sharp departure from the past 6 weeks, U.S. stock markets leaped to their best weekly gains in over four decades, as the Federal Reserve announced more aggressive …

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