Article The Bottom: Are We There Yet? May 16, 2022 Please note: This update was prepared on Friday, May 13, 2022, prior to the market’s close. It’s looking like this Friday the 13th will be a lucky one for the stock market—a seemingly rare day of gains after a tough slide downhill. But even counting today’s rally, the S&P 500 is set … Read Morekeyboard_arrow_right
Article The Bottom: Are We There Yet? May 13, 2022 It’s looking like this Friday the 13th will be a lucky one for the stock market—a seemingly rare day of gains after a tough slide downhill. But even counting today’s rally, the S&P 500 is set to mark its sixth consecutive weekly decline and the Dow Jones Industrial Average is heading for … Read Morekeyboard_arrow_right
Article Strong Jobs Can’t Revive Market’s Swoon May 9, 2022 This week has been hard on investors, with Thursday’s 1,000-point plunge in the Dow Jones Industrial Average making for especially grim headlines. Even short-sellers, who bet on falling prices rather than rising ones, had reason to reach for an antacid, with Wednesday’s nearly 1,000-point rally unraveling some bearish bets just before their … Read Morekeyboard_arrow_right
Article Strong Jobs Can’t Revive Market’s Swoon May 6, 2022 This week has been hard on investors, with Thursday’s 1,000-point plunge in the Dow Jones Industrial Average making for especially grim headlines. Even short-sellers, who bet on falling prices rather than rising ones, had reason to reach for an antacid, with Wednesday’s nearly 1,000-point rally unraveling some bearish bets just before their … Read Morekeyboard_arrow_right
Article Tech’s Wild Week Leaves Markets Wobbly May 2, 2022 Please note: This update was prepared on Friday, April 29, 2022, prior to the market’s close. The stock market Tilt-A-Whirl was in full swing on Wall Street this week and last night’s earnings reports from bellwether tech titans did little to steady the axis. Battered by persistent inflation, supply chain kinks and … Read Morekeyboard_arrow_right
Article Tech’s Wild Week Leaves Markets Wobbly April 29, 2022 The stock market Tilt-A-Whirl was in full swing on Wall Street this week and last night’s earnings reports from bellwether tech titans did little to steady the axis. Battered by persistent inflation, supply chain kinks and a return to in-person retail, Amazon reported its first quarterly net loss in seven years. Meanwhile, … Read Morekeyboard_arrow_right
Article Powell Casts Pall on Wall Street April 25, 2022 Please note: This update was prepared on Friday, April 22, 2022, prior to the market’s close. The zeitgeist is shifting. An abrupt end to federal mask mandates—provoking cheers (from some)—was just one sign. Airline stocks rallied after reporting robust expectations for future earnings. Not so for the stay-at-home darlings. Netflix and Shopify … Read Morekeyboard_arrow_right
Article Powell Casts Pall on Wall Street April 22, 2022 The zeitgeist is shifting. An abrupt end to federal mask mandates—provoking cheers (from some)—was just one sign. Airline stocks rallied after reporting robust expectations for future earnings. Not so for the stay-at-home darlings. Netflix and Shopify saw their stocks hit hard as their businesses floundered; the same was true for Peloton and … Read Morekeyboard_arrow_right
Article Has U.S. Inflation Peaked? April 18, 2022 Please note: This update was prepared on Thursday, April 14, 2022, prior to the market’s close. First-quarter earnings reports, along with improved consumer sentiment, were an early Easter egg for investors this week, arriving in time to temper the latest inflation report. Overall, the earnings news was solid enough to break a … Read Morekeyboard_arrow_right
Article Has U.S. Inflation Peaked? April 14, 2022 First-quarter earnings reports, along with improved consumer sentiment, were an early Easter egg for investors this week, arriving in time to temper the latest inflation report. Overall, the earnings news was solid enough to break a three-day losing streak for the S&P 500 and the NASDAQ on Wednesday, with travel stocks rallying … Read Morekeyboard_arrow_right