This past week, with a lull in economic news, corporate earnings captured the spotlight – and they certainly delivered. Fueling investor optimism further were the revised US Consumer Price Index numbers for December, indicating lower inflation than initially reported. This shift has led investors to speculate about the potential for the Federal Reserve to lower […]
Tag: nvda
Weekly Update for the week ending February 2, 2024
Another week brings us to yet another set of all-time highs for the S&P and DJIA! Despite a mid-week dip caused by the Federal Reserve’s decision to keep US interest rates steady, and caution it was unlikely the rate would go down in March, these indexes rebounded to set new records. The Nasdaq followed suit, closing the week at its highest point in two years. Unfortunately, the TSX didn’t share in the fortune, closing the week on a less positive note. ☹
Weekly Update for the week ending January 26, 2024
While the rally that started 2023, and the year end rally got plenty of news, the start of 2024 has quietly rallied. Year to date, the three American indexes have climbed into positive territory for 2024 after an uneven start to the year. So far, the technology driven Nasdaq has already surged 4.7%, the S&P […]
Weekly Update for the week ending January 19, 2024
I have often been asked what is gambling? Is not investing the same as gambling? Or similar variations of these questions. As an amateur investor myself, I remember feeling similar confusion when I first started. This week, I will attempt to answer this question for those who are considering investing in public companies or have […]
Weekly Update for the week ending January 12, 2024
The markets kicked off 2024 with a stumble the previous week but recovered nicely this past week. While December often sees a surge due to year-end bonuses and holiday spirit (the “Santa Claus rally”), January can bring a return to normalcy with potential pullbacks. This week’s rebound shows the market’s inherent fluctuations, emphasizing the importance of a long-term perspective for investors.
Investing can be like planting an acorn – through careful selection, nurturing, and patience our portfolios will grow big and resilient. Remember, investing is a long-term game, and focusing on quality companies can help you reach your financial goals, even with the occasional dip along the way.
Weekly Update for the week ending December 15, 2023
The US Federal Reserve just gave the markets the gift they have been waiting for: potential cuts to the US interest rate next year! That was enough to get the bulls attention. Investors are cheering, confidence is surging, and it might just be the start of the Santa Claus Rally. Let us dive into what the Fed’s signal means for the portfolios and whether this means we are officially in for a holly jolly market ride.
Items that may only interest or educate me ….
Canadian Economic news, US Economic news, Federal Open Market Committee rate decision, Benchmark rates elsewhere, ….