The lure of quick market gains and financial independence, many times from social media gurus driving luxury cars and traveling the world, tempts countless individuals to dive into financial markets. Often equipped with little more than mere intuition, tips from friends, or even investment advice from the same gurus that have lured them into the Read More
Posts by Juan Luque - Assistant Trader & Portfolio Manager
From the Trading Desk: New and Uncertain Times
In my previous post, I discussed the S&P 500 Index (SPX) and the potential that a new bull market may have commenced beginning June 7th. June and July were good months for stocks with the SPX finishing up 3.11% in July and the NASDAQ Composite closing July up over 4%. August has been an altogether Read More
From the Trading Desk: A New Bull Market?
Stocks ended the trading day higher on Thursday June 7th, and according to mainstream media the S&P 500 index has officially entered a new bull market. The Federal Reserve began their hiking campaign over a year ago on March 16th, 2022, to tame inflation. Over the past year, the Fed has hiked interest rates by Read More
From the Trading Desk: Big Winners, Small Losers
In my previous post, we discussed the Federal Reserve being under pressure to pause raising interest rates in March after the collapse of Silicon Valley Bank (SIVB) and Signature Bank (SBNY) had investors questioning the health of the banking sector. Despite the crisis, the Fed raised rates by 25 basis points to 4.75%-5% pushing borrowing Read More
From the Trading Desk: Peeling Off the Interest Rate Band-Aid
Federal Reserve Chair Jerome Powell began his Semiannual Monetary Policy Report to Congress on March 7th by acknowledging the hardship and impact high inflation has on the U.S. economy. He recognized the importance of price stability, suggesting without it, a sustained period of labor market conditions that would benefit all cannot be achieved. He continued by Read More