Yesterday’s Market is not Today’s Market
When it comes to the stock market it’s true that “present gain is no indication of future outcome”. In fact, this is true about any market in a capitalist society. Markets are driven by a number of variables that cause peaks and troughs. In the equities market, this becomes visible in the way a stock gains […]
Inflation rising rates and the federal reserve could whip stocks around in the week ahead
The bond market could again set the course for the week ahead after rapidly rising interest rates gave stocks a choppy start to the new year. In the coming week, key inflation reports are expected, and Federal Reserve Chairman Jerome Powell is slated to testify Tuesday at his nomination hearing before a Senate panel, while […]
Apple has become the world’s first $3 Trillion Company
New York (CNN Business)-Apple has reached yet another major milestone. The iPhone maker topped a market value of $3 trillion Monday — the first publicly-traded company ever to be worth that much. Shares of Apple (AAPL) were briefly up about 3% to a new all-time high of $182.88, surpassing the $182.85 per share it needed […]
Lessons from Last week’s Market Sell-off
The S&P 500 pulled back in what was a very volatile week, as investors attempted to price in the potential impact of the Omicron COVID variant and commentary from Federal Reserve Chair Jerome Powell that “the risk of higher inflation has increased.” As a result of this updated view, Powell added that the Fed may […]
Stock tumble as fears over new covid-19 variant grip global market
Wall Street was in a frenzy on Black Friday as stocks around the world tumbled in the face of a new Covid-19 variant. US equities took a dive at the open and continued their downward path, resulting in a terrible day for the stock market and the worst day for the Dow in over a […]