Quick Hits for the Week of 10/30/22

SPY The S&P 500 was up over 6% this week, slicing through  the 380 level and closing over the 20 and 50 EMAs. It is very close to exceeding the recent September high of 389.31.   Bitcoin back above 20,000 On Tuesday, Bitcoin was finally able to break and hold above  20,000. Like the S&P … Read more

Quick Hits for the Week of 10/23/22

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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 10/2/22

finviz heatmap week of october 2nd 2022

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

Quick Hits for the Week of May 8th, 2022

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S&P 500 Weekly Market Report — Let’s fight Inflation — this week was a roller coaster for sure. With Jerome Powell raising rates 50 basis points (as expected) the market rallied — then gave it all back and then some for the following 2 days. The S&P 500 index 200 EMA (red line) and the 50 EMA (green line) provided a … Read more

Quick Hits for the Week of April 17th, 2022

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Weekly Market Report – Once again, the S&P 500 (SPY) ended the week down -2.39%. It is trading below the 200 day EMA (red line) and the 50 day EMA (green line). Technology was the worst hit sector, down over -5%, followed by Communication Services and Healthcare. The winners this week were Energy up 3.17%, … Read more

Quick Hits for the Week of April 10th, 2022

Weekly Market Report – The S&P 500 (SPY) ended the week down -1.52%. Healthcare, Natural Gas, Energy, Uranium, and Gold all outperformed the SPY. Technology, Real Estate, Homebuilders, and Semiconductors underperformed. The Weekly Crypto Report – BTC ended the week down -8.72%, and is struggling to hold above the 50 day EMA. If you enjoyed … Read more

Quick Hits for the Week of April 3rd, 2022

moneyvikings finviz

Huge rise in 30 year mortgage rates over the past few weeks The 10 year – 2 year rates have inverted. This could be an indicator of recession months down the line. The S&P 500 retreated slightly from its recent breakout, but maintains the 200 day Exponential Moving Average. The VIX (fear indicator) retreated from … Read more

Quick Hits for the Week of March 12th, 2022

Here’s a weekly summary of the market activity from 3/7/22 – 3/12/22 including market sectors, crypto, interest rates, yield spreads, and earnings to prepare for next week. Archive: 2/28/22 – 3/5/22