Friday Q&A — January 20, 2023

by | Jan 20, 2023 | Q&A

Happy Friday, Evolvers! It was a choppy week in the stock market with the S&P 500 ETF Trust (NYSEARCA: SPY) down nearly 1.5% in the past five trading days (at the time of writing). This followed two weeks of bullish price action that saw the SPY go from $378 to...

Friday Q&A — January 13, 2023

by | Jan 13, 2023 | Q&A

Happy ‘Friday the 13th’, Evolvers! The markets were resilient this week as the bulls seemingly took control and the S&P 500 ETF Trust (NYSEARCA: SPY) gained just shy of 4% in five days. Yesterday, the consumer price index (CPI) report (a key measure of inflation...

Friday Q&A — January 6, 2023

by | Jan 6, 2023 | Q&A

Happy Friday, Evolvers! We made it through the first trading week of 2023 — hopefully with some wins and without any major losses! Tesla Inc.’s (NASDAQ: TSLA) troubles continued this week as weak delivery numbers sent the stock down another 7%. The world’s most...

Friday Q&A — December 30, 2022

by | Dec 30, 2022 | Q&A

It’s the last Friday of the year, Evolvers! And what a year it’s been… The S&P 500 ETF Trust (NYSEARCA: SPY) is on track to close the year out with nearly 20% losses. For an index that averages 8% gains per year, 20% down is a historically terrible return. Let’s...

Friday Q&A — December 23, 2022

by | Dec 23, 2022 | Q&A

Happy Holidays, Evolvers! During our webinar on Monday, I speculated about the possibility of the market bouncing mid-week. Sure enough, after five red days in a row, stocks surged on Tuesday and Wednesday, giving the market some much-needed relief. But I’m still...

Friday Q&A — December 16, 2022

by | Dec 16, 2022 | Q&A

Happy Friday, Evolvers! ‘Fed Week’ is wrapping up in a massive sell-off, with the S&P 500 ETF Trust (NYSEARCA: SPY) down as much as 2.7% yesterday. Let’s recap… The Fed hiked 50 basis points (as expected). Remember that many bulls thought this would lead to a...