Stock Talk With CK

Weekly Roundup: Week 8   Market Review:          The stock market was closed on Monday, to recognize President's Day. However, what a downturn and disappointment for the stock market this week. Our economic indicators came in way higher than expected. The battle with inflation may be around a lot longer than anticipated. The consensus, was that the first part of the year would be hikes by The Fed. Then, they would ease on hikes and inflation would be taken care of. That doesn't seem to be the case, as things were looking up in January, February has been a different story. The Fed minutes showed that they would be continually raising interest rates. Inflation is still way above where The Fed wants it to be, with their blame on the labor markets being "too tight" and ongoing upward pressures on wages and prices. All of the PCE indicators came in a lot hotter than anticipated. Most people like to use the PCE indicator to give a good lead-way to where we are at, because i

Weekly Roundup: Week 7    Market Review:          It almost feels like we are on a rollercoaster at this point. The volatility of the stock market is crazy, as investors and consumers kind of play the waiting game to see what the verdict of the economy is. We got the unfortunate news that CPI came in a little higher than we were anticipating. This shows that inflation is still around and that The Fed has some work to do still. We will definitely see more interest rate hikes, but it is the matter of how aggressive they are going to get with them. This put the market into a frenzy and volatility was the name of the game. Wednesday showed us that retail sales were up, which gave us a sigh of a relief for a moment. The stocks rallied and everything looked good. All of that joy was short-lived, as PPI came out on Thursday and shot it down. The PPI numbers came out higher than expected, and this comes to show a correlation with Tuesday. We are still seeing inflation at high levels and The Fe

  Weekly Roundup: Week 6   Market Review:          Well, the fear in the market seems to be coming back to life. This week saw indices mixed, but finishing lower for the week. The fear of a recession seems to be coming more apparent, and the interest rate hikes are starting to concern investors as well. While the rally of the stock market to start 2023 was nice, it may have been short lived. We may be going back to the normal talks that ended 2022. Recession, Recession, Recession... Although the earnings have not been as bad as I thought, we are definitely seeing a sign of slowing growth. We are still seeing the inversion on the bond market as well. There's really no telling where this market could go. However, it may not end up the best. Company Earnings Wednesday:  Walt Disney Company (The)-  Bob Iger returning has to be a highlight in this quarter. The company has definitely gained some momentum with him back at the helm. The company has announced that it will split into three p

  Weekly Roundup: Week 5   Market Review:          Are we going to have a recession or not? The way the stock market rallied in January, gives me a feeling like we had in 2021. This week was a big one, with not only a lot of earnings, but a lot of economic prints coming out. Fed chair Powell also had his speech on Wednesday. The Fed decided to hike the interest rate by .25%. This is seen as a win and shows that the inflation might be cooling down a bit. We are hoping to have a soft landing, but the Fed can't get complacent with this. It is somewhat in control, but is not fully resolved yet. Unemployment rate dropped to the lowest level at 3.4%. This is unique with the current state of the economy. Job Openings also came out higher than expected at 11 million. We have seen corporate layoffs swarming all around the economy. It's honestly a unique thing to judge. The way I view it, is that the talent getting laid off at the big corporations is being scooped up at the mid level cor