by Asset Strategy | Feb 22, 2022 | Market Review
It is a battle of the bears and the bulls as the S&P 500 remains in a month-long plus trading range. Since that initial pop off the March 23rd lows, the S&P 500 has lived in a 2795 to 2935 trading range. The bulls see a quicker return for the U.S. economy...
by Asset Strategy | Feb 22, 2022 | Market Review
Global central banks made a coordinated move this weekend. We now wait for the U.S. government to make theirs. During such volatile times, markets will have days where it plummets and other days where it spikes – just see last Thursday where the Dow fell over 2300...
by Asset Strategy | Feb 22, 2022 | Market Review
Not even data confusion could stop the stock market advance last week. Will the real unemployment rate please step forward? The Dow rose 829 points on Friday and the Nasdaq closed just below record highs. All this despite a misclassification error in the jobs report...
by Asset Strategy | Feb 22, 2022 | Market Review
Stocks continue to be resilient even with Covid-19 cases trending higher. Can this continue? It was another positive week for the S&P 500 even as there are signs that community spread is once again taking hold in certain states. It seems that the amount of...
by Asset Strategy | Feb 22, 2022 | Market Review
Stocks struggled last week as Covid cases in the U.S. spiked higher. So where does the market stand today? The Covid-19 news that seemed to move the markets last week were the record daily cases and some reopening plans being reversed in Texas, Florida, and...
by Asset Strategy | Feb 22, 2022 | Market Review
The major indices have started the second half of 2020 the same way it finished the first half of 2020…higher. So, what can we expect moving forward? Last week, we talked about the VIX and the trading range that the S&P 500 has been it. Well, as the week ended,...