Phrase of the week – never underestimate the power of greed and fear. These two emotions can cause markets to turn on a dime. Image Source: Gary Varvel Just how quickly can markets turn? For the week, the Dow lost 5.7%, the Nasdaq lost 7.9%, and the S&P 500 lost 6.4%. In just two weeks [...]
weekly wrap
Weekly Wrap
Capping a highly volatile week in the stock markets this past Friday, the continuing streak of gains in the big three market indices for this past two months came to an end.. convincingly. The Dow ended the week with a loss of 1.7%, the Nasdaq lost 2.7%, and the S&P 500 lost 2.5%. But, is [...]
Weekly Wrap
Another week in the green for the stock markets. I’m glad to see the continuing climb to new heights, but it’s confusing. How can this be happening in spite of all of the recent “expert” bearish forecasts? According to them, the stock markets aren’t supposed to continue rising, and should have crashed months ago. I [...]
Weekly Wrap
The stock markets moved up rather nicely throughout the week, that is until Friday, when investors panicked over what I consider a non-event. The three major stock market indexes ended the week mixed – the Dow gaining 0.2%, the Nasdaq gaining 1.4%, and the S&P 500 ending with a loss of 0.2%. On Friday, investors [...]
Weekly Wrap
While the three major stock market indices ended up for the week, the early gains given up at close of market the last two days of the week are speaking volumes to me. We may not be so fortunate next week. While the various financial sites may say the recent volatility is due to debt [...]
Weekly Wrap
Another volatile week in the markets. I won’t go over the specific details, but the stock markets ended in the positive for the week. Dow +2.3%, Nasdaq +3.6%, S&P 500 +2.2%, and Russell 2000 +6.3% I’ve included the Russell 2000 small cap index this week because not only is it up 6.3% for the week, [...]