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Category: Economy

  • Another Strong Week

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    by

    CALRIAINC
    in , , ,

    The major averages finished another strong week as earnings season gets underway. The S&P 500 gained 64 points or 1.1%, the NASDAQ increased 205 points or 1.1% while the DOW added 511 points or 1.2% despite a volatile beginning. Elon Musk’s Cybercab and Robovan event failed to materially impress investors. Leading to sharp declines in…

  • That Soft Landing

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    by

    CALRIAINC
    in , ,

    The major averages ended the week essentially unchanged, despite several significant events. (Fill in the blank) won Tuesday’s Vice-Presidential debate. Friday’s employment report exceeded expectations, effectively eliminating the possibility of another ½% rate cut next month. Therefore, we might just achieve that soft landing. Despite all the recession talk and pessimism this year, the S&P…

  • Up and to the right!

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    by

    CALRIAINC
    in , ,

    The major averages closed another positive week. The Dow Jones rose by 230 points or 0.55%, the NASDAQ gained 172 points or 0.96%, and the S&P 500 increased by 35 points or 0.61%. Up and to the right! This week was highlighted by generally positive economic data and continued declines in inflation and interest rates,…

  • Another Positive Week

    Another Positive Week

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    by

    CALRIAINC
    in ,

    The major averages marked another positive week at the close. With the DOW up 669 points or 1.62%, the NASDAQ advanced 264 points or 1.49%, while the S&P 500 added 77 points or 1.37%. Tuesday’s seasonally adjusted retail sales data revealed a surprising 0.1% gain in August, while July’s figures were revised up by 1.1%.…

  • The Market Bull

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    by

    CALRIAINC
    in , ,

    After a very rough beginning to September that say the major averages suffer significant losses. This week brought a major rally with the S&P 500 up 218 points or 4.03%, the NASDAQ jumped 993 points or 5.95%, while the DOW gained 1,049 points or 2.6%. The market taketh away and the market giveth, leaving investors…

  • The Market Bull

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    by

    CALRIAINC
    in , ,

    September 6th, 2024 September got off to a rocky start with the S&P 500 losing 240 points or 4.25%, the NASDAQ shed 1,023 points or 5.78% while the DOW dropped 1,218 points or 2.93%. Historically September is a rough month for investors, while history doesn’t always repeat, it often rhymes. That said the last few…