by Tom Ventresca | May 31, 2020 | Mr. Seifert Sez
Central Banks Boost Global Markets The following is an excerpt from this week’s ‘Weekly Market Letter’ from Market Edge (www.marketedge.com). Global markets were able to trade higher for a second straight week on hopes that a vaccine against the coronavirus...
by Tom Ventresca | May 24, 2020 | Mr. Seifert Sez
The Rally Rolls On The following is an excerpt from this week’s ‘Weekly Market Letter’ from Market Edge (www.marketedge.com). Global equities soared to start the week after biotech Moderna (MRNA) announced positive results for a vaccine against the coronavirus. Also...
by Tom Ventresca | May 17, 2020 | Mr. Seifert Sez
Bulls Take A Breather The following is an excerpt from this week’s ‘Weekly Market Letter’ from Market Edge (www.marketedge.com). The rally off the March lows ran into some headwinds this week as the major averages turned in their biggest weekly loss since mid-March....
by Tom Ventresca | May 10, 2020 | Mr. Seifert Sez
Stocks Surge On Added Stimulus The following is an excerpt from this week’s ‘Weekly Market Letter’ from Market Edge (www.marketedge.com). Investors were hesitant at the start of the week as renewed trade tensions between the US and China caused global markets to trade...
by Tom Ventresca | May 3, 2020 | Mr. Seifert Sez
Rally Runs Out Of Steam The following is an excerpt from this week’s ‘Weekly Market Letter’ from Market Edge (www.marketedge.com). The major averages roared into the week as more states were on track to begin reopening their economies. The market got another boost on...
by Tom Ventresca | Apr 26, 2020 | Mr. Seifert Sez
Stocks Slide On Oil’s Collapse The following is an excerpt from this week’s ‘Weekly Market Letter’ from Market Edge (www.marketedge.com). A collapse in crude oil prices shook up global markets to start the week as lack of demand, over supply and storage issues sent...