Stock Trading To Go Investing online made easy.
Weekly Stock Market Recap – Jun 16, 2019
by Mark Hanna on June 17, 2019 at 9:19 am
Modest gains this past week after the massive reversal in markets upward the week prior. This coming week will all be about the Federal Reserve and the word "patience". That simple word alone drove the market up well over 20% since the December lows. After a selloff, the Fed came to the rescue again a fortnight ago and now expectations are for a rate cut soon - most believe in July. So the... […]
Weekly Market Recap Jun 09, 2019
by Mark Hanna on June 10, 2019 at 10:03 am
This week saw the official return of "bad news is good news" as the more bad news means more Federal Reserve intervention. Economic data was poor and the markets cheered it on, as Jerome Powell rode to the rescue Tuesday on his white stallion and after his now famous "patience" line in late 2018 led to a massive 20%+ rally we have "act as appropriate to sustain the expansion". Translated - the... […]