Holdun, Author at Holdun
The FED has a change of heart

The FED has a change of heart

Market Summary The S&P 500’s steady climb higher was interrupted this week, reversing course to fall nearly 2%. The biggest weekly drop since February. The Federal Reserve acted as the catalyst for this latest bout of volatility. On Wednesday, the FED issued...
Testing Earnings Season Ahead

Testing Earnings Season Ahead

Market Summary A quiet week in trading by current standards saw U.S. Stock indexes drop between 1% and 1.5%. Declining retail sales and employment figures became the area in focus despite more stimulus proposals. A decline in U.S. retail sales in December marked the...
New Year, Same Story

New Year, Same Story

Market Summary The unrelenting upward march of the stock market that we became so accustomed to during the second half of 2020 continued into 2021, with the S&P 500, Dow Jones Industrial Average, NASDAQ, and Russell 2000 all setting record highs last week. Much of...
Don’t Believe the Hype

Don’t Believe the Hype

IPO mania took over Wall Street last week with Airbnb and DoorDash offering some respite from Covid specific news. Airbnb stole the headlines with its long-awaited stock market debut – with its shares’ technically’ up 115% by close of business on their...
40 Million Vaccine Doses

40 Million Vaccine Doses

Market Summary Equity market momentum stalled somewhat with the S&P 500 recordings negative numbers for the first time in three weeks. The S&P finished down -0.9% while the tech-heavy NASDAQ was slightly higher but still negative at -0.7%. In what is now...