Trading Week of Jan 02 - Jan 06 - Brown Surfing

Trading Week of Jan 02 – Jan 06

Posted on: January 2nd, 2023
By: Efrain Lemus

Economic Factors

Fed Meeting: Jan/Feb31-1

US Treasury: 3.879%

Yield Curve: downward slope

Inflation: 7.11%

Mortgage Rates: 7.602%

Unemployment Rate: 3.7%

Crude Oil: $80.51

SPY: $382.43

VIX: 21.67

News

Monday

Dozens of Russian soldiers feared dead as Ukraine strikes Moscow-controlled region

Does the ongoing war keep causing the economy to worsen?

Stocks fall to end Wall Street’s worst year since 2008, S&P 500 finishes 2022 down nearly 20%

“Some also project stocks will hit new lows before rebounding in the second half of 2023.”

Stock Market 2023: What To Do After ‘Stay Away’ Year; Tesla Deliveries Hit 405,278, Falling Short

“a host of economic numbers due this week.”

“Inflation data from Europe, minutes from the December U.S. Federal Reserve meeting and U.S. labour market numbers were some of the highlights that Danske Bank chief analyst Piet Haines Christiansen said would be worth watching.”

Wednesday

Salesforce Stock Rises After Company Announces Job Cuts

Thursday

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