Return of the JEDI
The second quarter ended on a strong note but was followed this week by a step up in volatility as investors wonder what the third quarter holds.
The second quarter ended on a strong note but was followed this week by a step up in volatility as investors wonder what the third quarter holds.
This week was a bit of a reversal as the markets trended a bit higher.
The unease and uncertainty continued this week as investors digested a good deal of economic data and suffered a little acid reflux.
For the past two months, the markets have traded in a choppy fashion, going sideways for much of that time.
While you may be reading this on Friday, I need to confess it was written on Thursday.
The last couple weeks have seen an uptick in volatility partially due to earnings announcements
It was a heck of a week as the markets drifted ever higher.
This was an exciting week as the bulk of large technology companies reported earnings, among many other companies.
Earnings season is underway with many of the largest companies reporting in the coming weeks.
As fear of inflation subsides and the 10-yr Treasury rate falls, investors are returning to the stock market in droves.