What Happened in the Market (and the World) This Week? S&P 500 return this week: -0.76%S&P 500 return YTD: 4.19%Nasdaq return this week: -0.79%Nasdaq return YTD: 2.54% Another volatile week. The market has been incredibly choppy due to fear of inflation and higher interest rates due to the 10-year and 30-year treasury yields spiking. On […]
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Stock Market Recap: Week of Mar. 7 – Mar. 13, 2021
What Happened in the Market (and the World) This Week? S&P 500 return this week: 2.64%S&P 500 return YTD: 4.99%Nasdaq return this week: -2.06%Nasdaq return YTD: 3.09% Well, this was a very market volatile week but for the most part, it trended in the right direction 📈📈📈. The big news that calmed the markets materially […]
Continue ReadingStock Market Recap: Week of Feb. 28 – Mar. 6, 2021
What Happened in the Market (and the World) This Week? S&P 500 return this week: 0.81%S&P 500 return YTD: 2.29%Nasdaq return this week: -2.06%Nasdaq return YTD: 0.25% Wow. I thought last week was bad. This week was even worse. The 10-year treasury continues to spike up and is now in the 1.58%, up 60 basis […]
Continue ReadingStock Market Recap: Week of Feb. 14 – 20, 2021
What Happened in the Market (and the World) This Week? S&P 500 return this week: -0.71%S&P 500 return YTD: 4.23% This was a pretty volatile week. Tech stocks got hit pretty hard early in the week but finished on a good note. Wednesday was a total bloodbath, red everywhere. The economic data that came in […]
Continue ReadingStock Market Recap: Week of Feb. 7 – 13, 2021
What Happened in the Market (and the World) This Week? S&P 500 return this week: 1.23%S&P 500 return YTD: 4.94% The market just keeps going up. It’s incredible how much positive momentum there is right now given the low interest rate environment and the Fed printing money plus $1.9 T in stimulus up for grabs. […]
Continue ReadingStock Market Recap: Week of Jan. 31-Feb. 6, 2021
What Happened in the Market (and the World) This Week? S&P 500 return this week: 4.64%S&P 500 return YTD: 3.61% What an awesome week in the market. The market went up nearly 5% this week due to strong earnings, hope for President Biden’s stimulus and “improving” economic data. Last week the market finished in the […]
Continue ReadingJanuary 2021 Month End Portfolio Recap
What a crazy month. GameStop has been the talk of the week and for good reason. GameStop’s ($GME) stock price has literally 80x’d in the past year and has increased 17x year-to-date. I must admit my good fortune, where I got in around $12 back in October after listening to a Motley Fool podcast about […]
Continue ReadingRobinhood’s Big Blunder
What a bloodbath today for the short squeeze stocks or Wall Street Bets stocks. What did Robinhood do?! Robinhood, Interactive Brokers, ETrade and a few other brokerages all announced early Thursday morning that their users were restricted from trading stocks like GameStop, AMC, Blackberry, etc. This of course caused all of these stocks to tank […]
Continue ReadingStock Market Recap: Week of Jan. 17-23, 2021
What Happened in the Market (and the World) This Week? S&P 500 return this week: 1.94%S&P 500 return YTD: 2.36% Market had a solid week. The inauguration went off without a hitch and enthusiasm for the Biden COVID stimulus plan resulted in some solid gains. Most companies so far have beat earnings estimates which should […]
Continue ReadingStock Market Recap: Week of Jan. 10-16, 2021
What Happened in the Market (and the World) This Week? The S&P 500 dropped 1.47% this week. Friday was especially bad with the S&P 500 dropping 0.72% which is largely due to what I think were some bank earning overreactions and maybe the fact that retail sales had another drop in December. JPMorgan ($JPM) had […]
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