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Weekly topper 2020 (26)

Stalled Efforts in Fiscal Stimulus Talks

In this week’s recap: Stocks rise as earnings season winds to an end; no results in fiscal stimulus talks. Weekly Economic Update     THE WEEK ON WALL STREET Overlooking stalled efforts by Congress to pass a new fiscal stimulus bill, stocks marched higher last week with the Dow Jones Industrials leading the way and…

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Want to be a better investor? Think like a golfer.

Want to be a better investor? Think like a golfer. While many of our favorite pastimes like eating out and going to movies have been impossible during the pandemic, I am grateful that golf courses have remained open in much of the country. Golf has provided a way to recreate and interact with friends while…

Weekly topper 2020 (11)

Stocks Buffeted By Crosswinds

In this week’s recap: stocks have a mixed reaction to earnings, economic data, and a potential stimulus. Weekly Economic Update   THE WEEK ON WALL STREET Stocks were mixed last week amid a busy week of earnings, some troubling economic data, and seemingly little progress on a new fiscal stimulus package. The Dow Jones Industrial…

Weekly topper 2020

Stocks Lose Momentum

In this week’s recap: stocks slip after heavier jobless claims and U.S.-China strife. Weekly Economic Update     THE WEEK ON WALL STREET Stocks slipped in the final days of trading last week on higher jobless claims and rising tensions in the U.S.-China relationship. The Dow Jones Industrial Average lost 0.76%, while the Standard &…

Weekly topper 2020 (25)

Kick Off To The Earnings Season

In this week’s recap: stocks see a mixed week, as COVID-19 cases rise, and news of vaccine emerges. Weekly Economic Update     THE WEEK ON WALL STREET Stocks were mixed last week as investors reacted to positive economic data, progress on a COVID-19 vaccine, and the continued nationwide increase of COVID-19 cases. The Dow…

Weekly topper 2020 (23)

Gains in Stocks & Covid-19 Cases

In this week’s recap: stocks gain after volatile week, despite COVID-19 acceleration. Weekly Economic Update     THE WEEK ON WALL STREET Stock prices notched solid gains last week, looking past an increase in COVID-19 cases and any potential economic concerns raised by the trend. The Dow Jones Industrial Average increased by 0.96%, while the…

Weekly 7.6

Upbeat Economic Data

In this week’s recap: despite continued COVID-19 concerns, markets react positively to Upbeat Economic Data. Weekly Economic Update     THE WEEK ON WALL STREET In a holiday-shortened week, stock prices turned higher as encouraging economic data outweighed an increase in COVID-19 cases and a rollback in economic re-openings. The Dow Jones Industrial Average rose…

Weekly topper 2020 (22)

Global Economic Recovery Outweighed Concerns

In this week’s recap: U.S. jobs report and a surging market build optimism for global economic recovery. Weekly Economic Update   THE WEEK ON WALL STREET A positive jobs report sent stocks soaring last Friday, capping a solid week as evidence of a Global Economic Recovery Outweighed Concerns over civil unrest and tensions with China.…

Weekly topper 2020 (21)

Economic Reopening Inspires Optimism

In this week’s recap: solid gains following a short trading week; economic reopening inspires optimism. Weekly Economic Update     THE WEEK ON WALL STREET The shortened week, which began with a powerful two-day rally of trading, was enough to drive the markets into another week of solid gains. The Dow Jones Industrial Average rose…

Weekly topper 2020 (20)

More Signs Of An Economic Turnaround

In this week’s recap: Markets rally in reply to positive comments from Fed Chair Powell and further optimism for economic recovery. Weekly Economic Update     THE WEEK ON WALL STREET Upbeat comments by the Federal Reserve Chairman and more signs of an economic turnaround combined to help fuel a powerful rally in the stock…