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February 23, 2025: More Chop; Another Head Fake

February 23, 2025: More Chop; Another Head Fake

Last week, after the S&P 500 hit record highs on Wednesday, major indices suffered reversals and ended the week down. Dow Jones was down 2.5%, S&P 500 fell 1.7%, Nasdaq composite lost 2.5% owing to growing concerns about U.S. consumer softness. The...
February 16, 2025: Market Ready To Breakout Here?

February 16, 2025: Market Ready To Breakout Here?

Last week, though volatile, ended on a positive note. Dow Jones closed the week up 0.55%, S&P 500 gained 1.5%, and Nasdaq composite rose 2.6% — all three major indices are approaching all time highs. The Market has been range-bound since mid-December, a...
February 09, 2025: Choppy, Headline Driven Market

February 09, 2025: Choppy, Headline Driven Market

Last week, Dow Jones fell 0.5%, S&P 500 lost 0.2%, and Nasdaq composite was down 0.5%. Tariff headlines, mixed earnings and economic data made for a choppy week. Cybersecurity company SailPoint is hoping to go public, in a US$11.5 billion IPO. Crypto exchange,...
February 02, 2025: Making Volatility Great Again

February 02, 2025: Making Volatility Great Again

Last week, Dow Jones was up 0.3%, S&P 500 lost 1%, and Nasdaq was down 1.6%. The week was especially volatile, AI plays were down Monday on DeepSeek concerns, and then had a strong week, until US tariff developments sent stocks down again Friday afternoon. Nvidia,...
January 26, 2025: Not A Bad Week, Big Earnings Week Next

January 26, 2025: Not A Bad Week, Big Earnings Week Next

Last week, Dow Jones gained 2.15%, S&P 500 was up 1.7%, and Nasdaq rose 1.65%, despite Friday’s modest losses. Magnificent Seven stocks Tesla, Meta, Microsoft, and Apple will report earnings this coming week, and could provide clues about planned AI capex...