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Wealth 101
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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June 4, 2024
The silent guns of the Federal Reserve
Stocks eked out moderate gains yesterday as NVIDIA clawed its way to a fresh high. ISM Manufacturing came up with a weaker-than-expected print underscoring a hobbling manufacturing sector.
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June 3, 2024
Catnip, cat nap, but then focus on what’s important
Stocks closed higher on Friday after a late-day dip-buying rally. Core inflation cooled somewhat in April – expected by economists, probably unmoving to the Fed.
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