3.84 Million Americans File Initial Jobless Claims… The additional jobless claims bring the six-week total to 30 million. What it means—The estimate was for 3.5 million claims. There was a ...
Monday Market Comments
Friday extended the HOPE rally with the announcement that social distancing is about to be relaxed. SPY closed above prior resistance three days last week above the 50% retracement and the 50-DMA. ...
Week In Review – April 13 2020
Federal Reserve Develops $2.3 Trillion Program to Support Households and Local Governments… Building on its Main Street Lending Program, the central bank announced that more entities would be eligible ...
Week In Review – March 25 2020
Coronavirus, All the Time… The U.S. took steps to mitigate the spread of the virus, mandating that restaurants and other places that people gather close for at least three weeks. What it means – ...
Teeter Totter Market
At the End of Q2 2019 – May was another month of dashed hopes as stocks flirted with prior highs but, exhausted, declined all month. June rallied on the hope that the Federal Reserve would provide the ...