Oil Archives - Your Local Financial Advisor

Another Day, and Another Dollar

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Another week in the markets has come and gone, ending with another day and another Dollar. Delivering a mix of cautious optimism.

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Grab your favorite beverage and let’s chat about the markets this week—like a couple of seasoned pros catching up on the back nine.

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Solid gains this week pushed the major averages well into positive territory YTD. As investors sang “Happy Days Are Here Again”!

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The major averages recorded a second consecutive positive week, following the ceasefire with Iran. Negotiated on April 7th.

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With the war with Iran approaching 3-Weeks the major averages continue to lose ground as year to date losses exceed 5%.

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About the only investments managing to close higher today were cryptos and oil. Following another rough week in the red.