A recap of the past week in 3 short headlines. 1. Happy Holidays! After record online Black Friday sales, markets have continued their ascent to new highs as we move into what should be an unusual holiday season amidst a global pandemic. On Friday, the Dow Jones closed above 30,000, a new milestone for the […]
Alex Patel
Week of 11/16/2020 Recap
A recap of the past week in 3 short headlines. 1. A Slow Week for Stocks With the end of the highly-contested election cycle, the market has remained relatively stable as we head into the winter holidays. The Dow Jones dropped 0.74%, the S&P 500 fell -0.77%, while the NASDAQ gained 0.22% on the quiet […]
Week of 11/2/2020 Recap
A recap of the past week in 3 short headlines 1. An Election Rebound After selling off in October, markets quickly rebounded this week after seeing election results. Market indices charged ahead, with the Dow Jones gaining 6.11%, the S&P 500 gaining 6.47%, and the NASDAQ gaining 8.04%. More encouraging economic news has arrived, with […]
Week of 10/5/2020 Recap
1. Stocks Firing On All Cylinders U.S. equities have continued to rise amidst talk of a $1.8 trillion stimulus package endorsed by President Trump. However, opposing takes from both Democrats and Senate Republicans threaten to derail the package. The S&P 500 closed at $3,477.13, approaching its all-time high at $3,588.11. The Dow Jones and NASDAQ […]
Week of 8/31/2020 Recap
A recap of the past week in 3 short headlines. 1. A Healthy Correction or a Warning Sign? After surpassing pre-pandemic record highs, the market pulled back heavily on Thursday with the S&P down 3.6%, the NASDAQ down 5%, and the Dow Jones down 2.8%. Tech was hit especially hard, after its disproportionately large increase […]
Week of 8/24/2020 Recap
A recap of the past week in 3 short headlines. 1. Tech Continues to Roar The major indexes – S&P 500, Dow 30, and NASDAQ – continue to set record highs amidst a seemingly unstoppable market rally. Tech as a sector continues to dominate. FAANMG and others are surpassing their records and adding billions to […]
A Beginner’s Guide to Value Investing: The PB Ratio
One of the most important technical indicators to value investors is the P/B ratio, or the Price to Book ratio. This ratio effectively describes the fundamental value of a company relative to its balance sheet. This strategy has been largely pioneered by the most famous value investors of all, Benjamin Graham and Warren Buffet. The […]
Marginal Tax Rates
With tax season quickly approaching, many Americans are yet again faced with the daunting task of filing their returns. Taxes are nearly always given a bad reputation. This is due to their confusing nature and the incredibly mysterious tax laws that the United States currently has. However, understanding the tax system of one’s country is […]
Basics of Stocks
Most people at some point in their life will hear about stocks and the stock market. They can provide people with a chance to grow their money and reach their investment goals. But, what exactly are they though? They certainly are more than just flashing numbers on a screen. The Fundamentals At the most basic […]
Alternatives to Stocks
With the stock market reaching record highs, many investors have good reason to be worried about a potential correction. With an unstable political climate and an unceasing US-China Trade War, the Dow’s continued ascent towards 30,000 appears to be part of a growing bubble. Yet, inflation numbers continue to hover around 1.8% annually. If investors […]