by Jeff Bishop | May 18, 2019 | Bishop's Corner
Stocks closed the week in the red, as all major stock indices closed lower. Small cap stocks were hurt the worst, as the Russell 2000 index fell by 2.4% U.S. and China trade talk headlines is what is moving stocks. That said, if you’re looking for an indication on how...
by Jeff Bishop | May 14, 2019 | Bishop's Corner
Stocks lost over $1 trillion worth of wealth yesterday. Ouch… Now, if you read the Jump over the weekend, I laid out this piece of advice for you: “You see, stocks are reacting to headlines which means you have to be nimble and take your profits fast because sentiment...
by Jeff Bishop | May 11, 2019 | Bishop's Corner
Stocks closed in the green on Friday in what was a wild week of volatility in the market. Of course, the big story during the week was tariffs. And on Friday, the U.S. slapped tariffs on $200B worth of Chinese goods. However, the market caught a late rally after...
by Jeff Bishop | May 9, 2019 | Bishop's Corner
Deal or no deal… that’s the question everyone on Wall Street is asking today. As of now, it appears all up in the air, maybe tariffs will hit or maybe they won’t. But here’s the thing… Stop worrying about stuff you can’t control and begin focusing on what you can...
by Jeff Bishop | May 7, 2019 | Bishop's Corner
Stocks are taking a lick for the second straight session. We can blame tariffs as the catalyst, as they are set to increase to 25% on $200B of Chinese goods starting Friday, according to U.S. Trade Rep Lighthizer. However, discussions are still ongoing, and there is...
