Holy $HKD Batman! 8/2 Market Recap
No better way to welcome a Tuesday than an obscure digital platform company continuing its unbelievable run with a one day return of 126% and a run…
Welcome back and welcome August
Welcome to August all! I’d say stay cool, but that doesn’t seem like a thing that’s going to happen… After a nice July, where we saw most…
9-9-20 Market Recap, return of the bulls
Global equity markets managed a nice rebound today, led my the recently maligned tech sector, though all US sectors save for energy were up more than 1%…
And down goes Frazier.. Err Tesla, 9-8-20 Market Recap
As the title suggests, today was a no good, very bad, awful day for Tesla. $TSLA shed 21% today in response to news that Nikola will join…
Down down down, a 9-3-20 market recap
Today was quite a day… Call it profit taking, call it the markets finally reflecting the economy, call it whatever you want, but today was crummy. Below…
9-2 Market Recap, more gains you say
US markets continued to rip today, with both large and small equity indexes closing higher. Europe joined in on the party as well, while emerging markets declined…
9-1 Recap, Welcome to more market highs
Welcome to September! And what a fine first day it was. Equity markets globally finished higher, led by tech stocks and emerging markets. European equities barely edged…
Weekly and July monthly recap
Equities The week ended with solid gains for tech stocks and large caps, but not so much for other equity areas. As the chart above shows, tech…
Thank you big tech! 7-30-20 market recap
Well then, so much for any downside earnings surprises. Today we had 40% of the total market cap of the Nasdaq reporting earnings, including Apple, Amazon, Facebook,…
The prelude to Tech Thursday, 7-29-20 market recap
It should not surprise anyone that the Fed kept rates at zero today, given where the economy sits. But that, along with continued better than expected earnings…