Last Month in the market

Last Week – 5/23/2022

5/24/22  Dow Jones 31,262 (-2.90%)  S&P 500 3,901 (-3.05%)  Nasdaq 11,355 (-3.82%)  Bitcoin $29,218 (-0.05%)  Last week was another wild trading session with Friday’s gains a happy way to end an otherwise down week again. Target and Walmart earnings where key references, showcasing rising costs and slowing consumer spending. We hope this drop in demand can actually have positive…

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May 16, 2022 – Another rollercoaster ride

Dow Jones 32,197 (-2.14%)  S&P 500 4,024 (-2.41%)  Nasdaq 11,805 (-2.80%)  Bitcoin $29,994 (-16.75%)  5/16/22  Friday was a rollercoaster of a day, but the week still ultimately ended in yet another decline for markets. The collapse of the largest “stable” coin is important for crypto markets, but it is also my belief that this rapid collapse in value will turn smaller retail traders…

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