Last Friday the DOW closed precisely above the high that occurred on May 7th. While the S&P 500 and NASDAQ were in breakout position, the DOW was indecisive until now. This means that all major indices are now in sync and going up together. This bull market is truly powerful and amazing. You need to […]
The NASDAQ led the rally post-COVID. It peaked in February 2021. The NASDAQ has been range bound 2/16-6/21/2021. The DOW took leadership (growth to value rotation) from February to May. Now the NASDAQ is breaking out and taking leadership. The week of July 5th remains a key point in time
The much anticipated June Fed meeting was finally over. The Fed spoke clearly about what we have known for sometime. The re-opening is doing well thanks to the national vaccination efforts. Inflation is running high, but the the Fed is not raising rates and not tapering. The Fed could be tapering sometime down the road, […]
In May, the Consumer Price Index for All Urban Consumers rose 0.6 percent (seasonally adjusted); rising 5.0 percent over the last 12 months (not seasonally adjusted). The index for all items less food and energy increased 0.7 percent in May (SA); up 3.8 percent over the year (NSA). The 5% CPI year over year increase […]
Imagine at the onset of the pandemic, we didn’t have any of the digital solutions and the entire economy was shut down, what kind of living conditions would have been for all of us? It certainly would feel apocalyptic! Thank goodness to digital companies such as Amazon and Zoom. They allowed us to have a […]
SPAC is a special-purpose acquisition company. Many young companies have gone public via SPACs in a frenzy since 2020. There was a bubble in SPACs for sure. The market has corrected many of the overvalued SPACs rightfully. There will be some SPAC stocks that may not exist in the future because their businesses are not […]
