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Weekly Market Recap Jun 17, 2018
by Mark Hanna on June 18, 2018 at 9:28 am
After two weeks of rallies, the S&P 500 mostly consolidated this week - except for Friday the action was very reminiscent of 2017 with almost no volatility at all intraday and modest gains or sideways action. Friday was the wrench in the mix, with a gap down to open the day but buyers came in during the afternoon and in the end the markets had a week to digest prior gains. Friday's action... […]
Weekly Market Recap Jun 10, 2018
by Mark Hanna on June 11, 2018 at 9:27 am
Last week was much like the ones we saw throughout 2017! Up, up, up nice and slow.... with little volatility. And new record highs. Market news was quiet in general despite "global trade tensions". Really ....it was difficult to find much market moving news! (Insert crickets chirping hee) For the week the S&P 500 closed up 1.6% while the NASDAQ added 1.2%. Some catch up from the... […]