March 2024
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Weekly Performance S&P 500 2.29% Equal Weight S&P 500 (RSP) 1.35% NASDAQ 2.85% DOW 1.97% Russell 2000 (VTWO) 1.60% Talk of the Tape GTC was electric, and the Fed reiterated their prior guidance for three 25 bps hikes this year. These marquee events propelled the major indices – Dow, NASDAQ, S&P 500 – further into…
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Weekly Performance S&P 500 -0.13% Equal Weight S&P 500 (RSP) -0.66% NASDAQ -0.70% DOW -0.02% Russell 2000 (VTWO) -2.08% Talk of the Tape Hot inflation data created a challenging week for stocks. With the March FOMC concluding Wednesday, money will move as the Fed explains their view on recent plateau in disinflationary progress. Is it…
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Weekly Performance S&P 500 -0.26% Equal Weight S&P 500 (RSP) 0.95% NASDAQ -1.17% DOW -0.93% Russell 2000 (VTWO) 0.30% Talk of the Tape The first consequential data for February went the way of the doves and bulls. After an initial spike on the news, market leadership reversed, dampening the Payrolls party. However, as leadership went…
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Jobs data for February is in! Although job creation was stronger than expected, unemployment and hourly wages, which I believe hold greater predictive value, printed dovish outcomes. 🦅 Job Creation: 275k act v 198k est.🕊 Unemployment: 3.9% act v 3.7% est.🕊 Monthly Hourly Wages: 0.1% act v 0.2% est.🕊 Annual Hourly Wages: 4.3% act v…
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Weekly Performance S&P 500 0.95% Equal Weight S&P 500 (RSP) 1.20% NASDAQ 1.74% DOW -0.11% Russell 2000 (VTWO) 2.96% Talk of the Tape Despite major inflation reports in January being hotter-than-anticipated, January’s PCE bucked the trend as it printed in-line with expectations. The Week Ahead Monday Tuesday Wednesday Thursday Friday – Target (TGT)CrowdStrike (CRWD) ADP…
Gorilla With Glasses 