Stocks slipped this week as the Senate put out their version of the tax bill which had a few significant contrasts with the House version.
Stocks were mixed this week with earnings season wrapping up and the news coverage of the tax bill keeping investors on their toes. Earnings season added volatility to the end of October after seeing tight upward trading action to the first half of the month.
Stocks produced more gains and another record high after spending most of the week below Monday’s open. It seemed as though the bears were finally making their move and we were going to see a shift in the recent momentum.
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The relentless uptrend of stocks continued this week despite poor earnings reports and lackluster news on the road to tax cuts.
Stocks were mixed this week with low volume trading and low volatility. Large caps were up slightly while small caps pulled back amidst the anticipation of the tax cuts.
As for the market, September’s momentum carried into October. Here’s why.
You can and NEED to set expectations of your investment’s behavior. Not doing so is a mistake that will prevent you from maximizing your TSP (and your other investments).
Stocks managed to produce gains this week despite the history of negative seasonality, a threatening North Korea, and a hawkish Fed. A rise in bank shares kept the S&P 500 barely afloat. A slight jump up at Monday’s open pretty much marked the trading range for the index. This week was the smallest weekly range… Read more »