Cool Your Jets
In today's dazzling financial theater, the market staged a brilliant performance—an impromptu rally spurred by the announcement of a 90-day pause.
In today's dazzling financial theater, the market staged a brilliant performance—an impromptu rally spurred by the announcement of a 90-day pause.
The drama that is about to unfold will take time to play out fully. But here is my opinion on what is coming next in this financial theater.
Last week was not just choppy; it was a full-blown market meltdown, the worst performance we have seen since the early days of COVID-19.
President Trump announced sweeping new tariffs today, April 2, 2025, on what he calls "Economic Independence Day" or "Liberation Day."
The S&P 500, the barometer for the broader market, was down about 1.5% for the week—a decline that might have prompted investors to question if they’d accidentally left their calculators at home.
When the S&P 500 dips below the 5,100 threshold, we're likely to see institutional investors begin deploying their substantial cash reserves.
Friday's trading saw the S&P 500 inch higher by 0.08%, closing at 5,667.56, while the NASDAQ Composite gained 0.52% to settle at 17,784.05.
Today’s market had us all clapping at what appeared to be a “bounce” after a brutal selloff—but don’t get too excited.
Last week, Wall Street put on a performance that could only be described as a master class in volatility.
Definition: "dead cat bounce" comes from the idea that even a dead cat, if dropped from a great height, will bounce once before finally hitting the ground.