Tag: weekly newsletter

(29 October 2023)  Stocks slumped again last week on growing concerns of a possible escalation of the Israel-Hamas war against a backdrop of more robust economic data.  The S&P 500 fell 2.5% to 4117 while the Nasdaq-100 finished at 14,180.  While I had noted increasing downside risk with the approaching the Saturn direct station in early November, this bearish outcome was unexpected as I thought we might have seen more intraweek upside from the Jupiter alignment with Venus and Mercury. Many investors moved to the sidelines last week on news...