Today we ended up slightly higher than we opened. TSLA went down over 8%!
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Quick Hits for the Week of 10/23/22
The Death of the 60/40 Portfolio Is Greatly Exaggerated I’ve seen so many articles, and listened to so many podcasts this week about the death of the 60/40 portfolio (60% Equities / 40% Bonds). Now I’m not saying it’s right for everyone, however just taking a look at the past 12 months is not how … Read more
Quick Hits: for the Week of 10/9/22
Weekly Market Report We started this month and quarter with a bang up over 5% Monday and Tuesday, then gave most of it back by the end of the week, ending +0.27%. Jobless Claims hit a 5 month low of 219,000. While this is good for those seeking jobs, it goes counter to the Fed’s … Read more
Quick Hits for the Week of 10/2/22
Weekly Market Report The Fed’s closely monitored Personal Consumption Expenditures price index rose 0.6% showing a continued rise in inflation. SPY lost -3.62%, trading under the 200 SMA. The S&P 500 volatility index as represented by the VIX was up over 14%. The 10 year and 2 year rates declined slightly, while the 30 year … Read more