Skip to main content

UNcorrection…

Just when it looked like Washington was about to hit snooze on the economy, lawmakers pulled a last-minute maneuver to keep the lights on—at least for now. Investors, who had been bracing for yet another government shutdown fiasco, finally exhaled, sending stocks higher. Every sector ended in the green, with tech and energy leading the charge. Well, I guess we can call it an uncorrection, for now. The S&P 500 closed 10% below its all-time high, but with a rip-roaring 2.1% gain, marking its best day since November 6, 2020—when investors cheered Trump’s...

Continue reading

10% Down, $3,000 Up—Your Call

It started with Trump’s 200% tariff threat on European alcohol exports and ended with gold hitting $3,000 for the first time, as investors scrambled for safety. Markets took a hit, as escalating trade tensions rattled sentiment. ⚡ Closing Bell: ➝ Dow Jones: ⬇️ -1.3% › 40,813.6 › Trade tensions weighed heavily. ➝ S&P 500: ⬇️ -1.4% › 5,521.5 › Communication services led the losses. ➝ Nasdaq 100: ⬇️ -2.0% › 17,303 › Tech stocks took a beating. ➝ Russell 2000: ⬇️ -1.1% › 2,065.2 › Small caps followed the downtrend. The S&P 500 is officially down 10% from its February 19 peak—a textbook...

Continue reading

One Step Forward, Two Tariffs Back

A sigh of relief as inflation cooled more than expected, lifting the S&P 500 (+0.5%) and Nasdaq (+1.2%). Big Tech took the lead, with Tesla (+7.6%) and Nvidia (+6.4%) rebounding sharply, but Apple (-1.8%) struggled. While CPI helped ease Fed fears, trade tensions are heating up fast. Canada is hitting back with $20B in tariffs, and the EU is preparing its own counterpunch next month. Meanwhile, bond yields ticked up as investors recalibrated rate-cut expectations. ⚡ Closing Bell: ➝ Dow Jones: ⬇️ -0.2% › 41,350.9 › Weighed down by consumer staples. ➝ S&P 500: ⬆️ +0.5% › 5,599.3...

Continue reading

Turns Out, Nowhere Was Safe

Traders bailed on everything, as stocks that had previously dodged the sell-off finally got caught in the crossfire. Markets stayed on edge ahead of Wednesday’s CPI report, with every sector taking a hit—industrial stocks led the plunge. ⚡ Closing Bell: ➝ Dow Jones: ⬇️ -1.1% › 41,433.5 › Industrials weighed on the index. ➝ S&P 500: ⬇️ -0.8% › 5,572.1 › Tariff uncertainty kept markets cautious. ➝ Nasdaq 100: ⬇️ -0.2% › 17,436.1 › Tech held up better than most. ➝ Russell 2000: ⬇️ -0.6% › 2,079.7 › Small caps stayed under pressure. Trade headlines kept investors guessing. President Trump...

Continue reading

Recession Fears? Let’s Sell Everything!

Monday Meltdown. Markets had zero chill to start the week. The S&P 500 tumbled 2.7%, the Nasdaq cratered 4%, and even the 10-year yield collapsed as recession fears took center stage. Over the weekend, President Trump hinted at a possible downturn, and Wall Street panicked. Goldman Sachs promptly raised its recession odds, and investors ran for cover. The Magnificent 7 got wrecked, with Tesla (-15.4%) leading the charge lower after a brutal UBS downgrade. Meanwhile, the bond market screamed “risk off”, with yields plunging as traders re-evaluated the Fed’s next move. ⚡ Closing Bell: ➝...

Continue reading