Shining Light on the Market
This week caught me by surprise as I reviewed the numbers.
This week caught me by surprise as I reviewed the numbers.
It has been a pretty eventful start to the year as the momentum of the fourth quarter carried into 2021.
Now that things have mostly settled down with the mob, the market appears to have refocused on other things.
It was quite a choppy week as earnings announcements were overshadowed by a “mob” of retail investors moving markets in unexpected ways.
This week the markets trended sideways as it digested earnings announcements and what a Biden administration will mean for both the economy and the stock market.
The events of the past week took some wind out of the sails as attention returned once more to politics.
I hope everyone enjoyed the holidays. As we turn the page, we have many things to look forward to and some challenges yet to be resolved.
As is normal this time of the year, things tend to slow down a bit between Thanksgiving and Christmas.
In lieu of sending this out on Friday, here is a mid-week pre-Thanksgiving email.
Needless to say, this week was all about the election. I’m sure there was company specific news, but it was drowned out by the tsunami of coverage of this historic election.