May 2023
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The Week Behind Despite last week’s strong macroeconomic data validating the Fed’s hawkish tilt, the major indices managed a decent overall performance. While the Dow declined by approximately 1% and the S&P 500 remained flat, the NASDAQ surged 2.5% thanks to impressive quarters from Nvidia and Marvell boosting technology stocks further. Highlights The Only Two…
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Have you ever thought about what you own when you buy a stock? Of course, you get ownership of the underlying company, but it is so much more than that. Finance is as much an art as it is a science. Using Meta Platforms as our guide, I shed light on the art and science…
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The Week Behind Despite CPI falling below Fed Funds and PPI suggesting that CPI has further to fall, the stock market faced a challenging week as the debt ceiling, the Fed, and the regional banks brought recession into focus. Despite this, the NASDAQ managed to eke out a 0.40% gain thanks to continued momentum in…
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The Week Behind Uncertainty in the labor market created by conflicting data and the Fed’s apparent disconnect from the regional bank situation catalyzed bearish price action throughout the week. However, with major known obstacles – First Republic, the FOMC Meeting, and April Payrolls – in the rearview, tension released on Friday, allowing for a relief…
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The Week Behind Take a breath. The busiest week of earnings season is officially behind us, and the major indices all ended the week with gains. Solid earnings and a nearly in-line Personal Consumption Expenditures (PCE) report gradually pushed stocks forward throughout the week. The Dow and S&P both rose approximately 0.85%, while the NASDAQ…
Gorilla With Glasses 