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March 19, 2023: Big Intra-Week Moves, As Nasdaq Closes Up

March 19, 2023: Big Intra-Week Moves, As Nasdaq Closes Up

After a wild week, which saw sharp losses, a bounce back and more losses, Dow Jones was down 0.2%, S&P 500 rose 1.4%, and Nasdaq was up 4.4%. The 10-year Treasury saw huge daily swings as well, and the two-year yield fell ~75 basis points to 3.85%, in its biggest...
March 12, 2023: Not Great, Bob!

March 12, 2023: Not Great, Bob!

Last week, the market suffered big losses last week as SVB Financial collapsed, which along with crypto bank Silvergate Financial sparked intense losses for bank stocks. Dow Jones lost 4.4%, S&P 500 fell 4.55%, and Nasdaq lost 4.7%. Silicon Valley Bank failed on...
March 05, 2023: Positive End To The Week

March 05, 2023: Positive End To The Week

Last week, the stock market performed better in the latter half, as S&P 500 and Nasdaq rebounded from key tests Thursday morning, and went on to top resistance on Friday. Dow Jones ened the week up 1.75%, S&P 500 was up 1.9%, and Nasdaq was up 2.6%, 10-year US...