Transcript: Tom Vaughan: Everybody, welcome to Thursday, the S&P 500 was up 1.2%. Today, we’ve had a lot of different things happening one of the busiest weeks of the year, that gross domestic product was reported it was down point 9%, that’s two down quarters in a row. Usually, that’s the definition of a recession.
Transcript: Tom Vaughan: Hello, everybody, welcome to Wednesday, the S&P 500 was up 2.6%. Today, the Federal Reserve raised rates, three quarters of percent, Chairman Powell came out and said some things the market really liked, which is, for example, that they are seeing some of the weakness that’s happening in the economy, they still
Transcript: Tom Vaughan: Hello, everybody, welcome to Tuesday, the S&P 500 was down 1.1%. Today really got off to a slow start in the morning due to what happened with the earnings report from Walmart last night, and just continued to have trouble all day long, we did get some good reports from companies like
Transcript: Tom Vaughan: Everybody, welcome to Monday, the S&P 500 was up point one 3%. Today, this is probably one of the busiest weeks of the year in terms of all the different reports that we’re going to get. So just after hours here, WalMart reported, their stock dropped at the moment 8%. Because what
Transcript: Tom Vaughan: I’d like to start off the show each week with a summary of what I saw happening in the market. And I’m also going to answer a question right now, too, that I’ve been getting from clients and some of the strategy sessions that I have, which is essentially: The market is
Transcript: Tom Vaughan: Hello, everybody, welcome to Thursday, the S&P 500 was up 1%. Today, great update all together, we had a couple of gapped down days that happened in the middle of June, when they announced the, you know, CPI number at that time and the Federal Reserve, you know, surprised everybody by doing
Transcript: Tom Vaughan: Hello, everybody, welcome to Wednesday, the S&P 500 was up point 6%. Today, interesting day in that the NASDAQ and the Small Cap stocks actually did the best. And the reason this is interesting is because what we saw Friday and Monday was the stocks that had the highest short interest do
Transcript: Tom Vaughan: Hello, everybody, welcome to Tuesday, the S&P 500 had a green shirt day today up 2.8% Kind of have some good news and some bad news, I’ll cover the bad news. First, it seems like this particular rally was a short squeeze. And so when you hear that, what they’re talking about
Transcript: Tom Vaughan: Hello, everybody, welcome to Monday, the S&P 500 was down a little bit over point 8%. Today actually was up as much as 1%. Really early in the morning, and then kind of held in there. But the news that seemed to drive it down the most was the fact that Apple
Transcript: Tom Vaughan: Here’s the S&P 500, so far year to date, and what we have here is a breakdown of, you know, the market. Overall, we can see that it’s been coming down, you know, since the beginning of the year, it actually hit the all time high there on the third of January,