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Wealth 101
June 14, 2024
Investing in profit-maximizing companies is good practice
Stocks had a mixed close yesterday as investors were unsure what a good or a bad economic number looked like. Weekly new jobless claims jumped yesterday in another sign that the labor market is cooling down.
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June 12, 2024
What was inflation last month and what will rates be in December?
Stocks clawed their way into a mixed close yesterday, spurred by artificially intelligent Apple. Bond yields eased in response to strong demand for the Treasury’s 10-year Note auction.
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June 11, 2024
Some folks just have all the luck
Stocks gained ground yesterday as investors, in an info vacuum, went for tried-and-true stock. The FOMC begins its 2-day confab today and the deafening silence in today’s session will add to the unwarranted rising anxiety over the future of interest rates.
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June 10, 2024
Hot days on Wall Street
Stocks fell on Friday after Nonfarm payrolls came in hotter than expected. The unemployment rate rose leaving many wondering what makes news good or bad these days.
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June 7, 2024
Do you want to earn +1000% on your money?
Stocks dillydallied through yesterday’s session with little in the way of news to chew on. A mixed close and lots of trading ahead of today’s big employment figure captured the on-edge sentiment of traders.
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June 6, 2024
It’s lemonade for Lulu
Stocks rallied yesterday, ushered higher by NVIDIA, because AI is real, and NVIDIA is at its center. The ADP monthly employment report came up short of estimates, a sign that employment is losing steam.
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June 5, 2024
Less help wanted… wanted by the Fed
Stocks ended yesterday’s session with moderate gains as Treasury yields continued their decline. The labor market may be easing up according to the latest data.
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