Tag: Jerome Powell

(30 April 2023) Stocks finished the month of April on a positive note on mostly strong corporate earnings and relatively low initial jobless claims.  The S&P 500 gained less than 1% on the week to 4169 while the Nasdaq-100 closed at 13,245.  This bullish outcome was unexpected as I did not foresee the extent of the gains in the second half of the week, even if the Venus-Uranus-Chiron alignment did suggest a bounce.  The selling in the early week pullback closely coincided with the bearish Sun-Rahu-Saturn alignment. Well, it’s all...