Transcript: Tom Vaughan: Hello, everybody, welcome to Tuesday, the S&P 500 was down 1.1%. Today, just kind of continuing the fall that started last Friday. From a technical standpoint, you know, we had some really important things happen over the last few weeks, we got really close to breaking through the 200 day moving average
Transcript: Tom Vaughan: Hello, everybody, welcome to Monday, the S&P 500 was down about point 7%. Today really just kind of a continuation from what happened last week, especially on Friday. So obviously on Friday had a Jackson Hole meeting for the Federal Reserve’s and then we had this speech eight minutes long, where Chairman
Transcript: Tom Vaughan: So I’d like to start off the show with kind of a summary of what I saw happening in the market for the week. And of course, this is another interesting week, as usual, we are actually down for the week right now we’ve had four up weeks in a row. And
Transcript: Hello, everybody, welcome to Thursday, the S&P 500 was up a little bit more than point 2% today. And really, this is one of those days where there isn’t a lot of information that you get out of the movement one way or another, because we have these two levels that are either going
Transcript: Tom Vaughan: Everybody, welcome to Wednesday, the S&P 500 was down a little bit more than point 7%. Today, kind of as expected yesterday, we got really close to the 200 day moving average and retreated. It’s kind of continued that retreat today, I’ve been mentioning that the market is really stretched out. And
Transcript: Tom Vaughan: Hello, everybody, welcome to Tuesday, the S&P 500 was up almost point 2%. Today, started off the day down, and then recovered and got into nice positive territory. We had reports of earnings from Walmart from Home Depot, they both did really well, both jumped a lot, it actually brought up the
Transcript: Tom Vaughan: Hello, everybody, welcome to Monday, the S&P 500 was down a point 4%. Today, that was actually pretty good result, it was down in the morning, got a lot of economic numbers coming out of China, they were worse than expected, mainly due to their lock downs, their version of the Federal
Transcript: Tom Vaughan: Hello, everybody, welcome to Thursday, the S&P 500 was down point zero 7%. Today, I consider that a pretty good result after really good yesterday, just getting something sideways today and not giving it all back is a really good sign we held above that 4200 level on the S&P 500, we
Transcript: Tom Vaughan: Hello, everybody, welcome to Tuesday, the S&P 500 was down point 4%. Today, most of the weakness was laid off by a several semiconductor companies and Vidya and Micron reporting earnings or reporting softness in the business. So they’re seeing a slowdown in demand, which is saying something because the demand was
Transcript: Tom Vaughan: Hello, everybody, welcome to Monday, the S&P 500 was down point one 2%. Today, it did have a nice run in the morning, got all the way up to 4186, we’ve been looking for it to close above 4170. It’s first time it actually got above this, but it did not hold