February 2024

  • 9:25 on 2/26/24 – Prepare for PCE

    Weekly Performance S&P 500 1.66% Equal Weight S&P 500 (RSP) 1.25% NASDAQ 1.40% DOW 1.30% Russell 2000 (VTWO) -0.79% Talk of the Tape While Palo Alto’s (PANW) quarter left the market on uneven footing, Nvidia (NVDA) stabilized and electrified the market with a quarter, guidance, and commentary that defied even Wall Street’s ambitious expectations. The…

  • 9:25 on 2/12/24 – S&P 5000

    Weekly Performance S&P 500 1.37% Equal Weight S&P 500 (RSP) 0.05% NASDAQ 2.31% DOW 0.04% Russell 2000 (VTWO) 2.41% Talk of the Tape Fed Chair Powell made it surprisingly clear the committee does not expect a cut in March. Two days later, January Payrolls ratified that view by portraying an indisputably strong labor market unlikely…

  • 9:25 on 2/05/24 – March Cut Kiboshed

    Weekly Performance S&P 500 1.38% Equal Weight S&P 500 (RSP) 0.41% NASDAQ 1.12% DOW 1.42% Russell 2000 (VTWO) -0.79% Talk of the Tape Fed Chair Powell made it surprisingly clear the committee does not expect a cut in March. Two days later, January Payrolls ratified that view by portraying an indisputably strong labor market unlikely…