Stocks end a Volatile Week Mixed as FED Strategy Becomes Clearer
It was a volatile week but a Friday rally pushed the Dow 30 industrials, the S&P 500, and the NASDAQ positive for the week. The Russell 2000 small cap index and international indices ended the week lower. The International Monetary Fund lowered expectations for global growth in 2022. Still, the IMF forecasted 4.4% global growth. […]
Stock Indices Fall Over Concerns About Fed Tightening, Earnings Outlooks and Tensions in Eastern Europe
Stocks indices saw their biggest drop since the pandemic plunge in 2020 this holiday shortened week as anticipated FED tightening, concerns over earnings outlooks and eastern Europe tensions weighed on investor sentiment. First time unemployment claims increased as Omicron infections slowed economic growth. China bucked the global efforts to fight inflation and cut its benchmark […]
Stocks Slide to Start the New Year
Stock indices mostly declined last week with the tech heavy NASDAQ index experiencing substantial declines as traders rotate from growth stocks to value stocks. Emerging markets managed to post a very slight increase. The Federal Reserve released their minutes from the December meeting on Wednesday and spooked the markets with a possible rate increase in […]
Stocks Gain Modestly in the Final Week of 2021
The last week of 2021 ended with modest gains in most indices but the Nasdaq 100 virtually flat on low trading volume. As we start 2022, traders will focus on Q4 earnings reports coming out later in January. Forecast are for strong Q4 earnings and this will be necessary to sustain an upward trend in […]