by cowts_admin | Mar 22, 2023 | Stock Market Recap
An extremely volatile week that moved on breaking banking news. To start, the announced government prop-up of Silicon Valley Bank calmed investors, but then bank stock prices dropped. Mid-week, a consortium of private banks announced their financial support of...
by cowts_admin | Mar 13, 2023 | Stock Market Recap
A huge, brutal week-long market sell-off took place, involving almost every stock, with prices plunging to the extent it was the worst week for the stock market in over 10 months. It began with the Fed chairman affirming the Fed has not done enough to tame...
by cowts_admin | Feb 28, 2023 | Stock Market Recap
A decidedly pessimistic week for investors, particularly on Friday when the PCE Price Index was released, indicating inflation still rising(!) and suggesting the Fed’s rate increases to date have had no effect yet on lowering consumer prices. The PCE (personal...
by cowts_admin | Feb 21, 2023 | Stock Market Recap
Another week in which daily price volatility yielded little net change in stock prices for the overall week, though that slight net change was downward for many stocks. Again, the downward price bias was the result of investor reaction to inflation/economic reports...
by cowts_admin | Feb 13, 2023 | Stock Market Recap
Price volatility returned to the stock market as investors varied in reaction to the usual suspects: Fed comments, corporate earnings reports and employment and inflation data. When all was said and done the major indexes and most stocks suffered some degree of slump...
by cowts_admin | Feb 6, 2023 | Stock Market Recap
Stock prices again finished mostly up on the week, despite some intra-week volatility and a Friday retreat. Investor enthusiasm was provided by the Fed’s small rate increase, as expected, and more importantly, their comments that some emerging signs of disinflation...
