For the second Monday in a row, the market got rocked to the downside after last week’s Deep seek disaster, yesterday we got nailed by the threat of a punishing trade war, which after initially falling sharply on worries about the President’s tariffs, stocks pared their losses after Mexico said it had negotiated a one-month reprieve.

Perhaps, just before being taken from his burrow, Phil glanced at his account statements and grew concerned about recent stock market valuations. Or maybe Phil simply dislikes spring, as he has predicted more winter over 100 times since 1887. In the spirit of hoping Phil is wrong, let’s discuss how you can spring clean your investments now.

In one of the worst intraday comedowns seen in a long time, the market went from being very strong earlier in the session until around 1pm as it surrendered early gains and closed broadly lower Friday after the White House said President Donald Trump would impose promised tariffs on key U.S. trading partners.

The market ended higher yesterday, as it was helped by gains in META, TSLA and Dow component IBM as many companies reported, along with economic reports, but there was plenty of volatility along the way.

After Tuesday’s upside Turnaround Tuesday edition, the market traded lower all day yesterday and ended with nominal losses after the Federal Reserve opted not to cut interest rates for the first time since it began trying to help the economy through easier rates in September. This was the least surprising outcome as everyone knew that this would be the decision and individual stocks seemed to trade in their own patterns, both up and down.

In one of the classic “Turnaround Tuesday’s” of all time, the market made a dramatic recovery from Monday’s downside disaster in the S&P and Nasdaq, and even the Dow added to its strange gains from the day before.

In one of the most spectacular “Revenge of the Nerds” scenarios, the market’s technology former superstars collapsed while the lagging Dow underperformers made strong gains at the same time.

After reaching a new all-time high on Thursday, things pulled back a little on Friday as the market still reached a second-straight winning week.

Similar to Wednesday, the market started out sharply higher and was able to end with most gains intact by the close. As a result, both the S&P and the Nasdaq ended the week with the best gains in two months and the first winning week of the year.

After Thursday’s upside explosion, the indexes could not hold onto early nominal gains and just drifted lower as the afternoon unfolded.

What happened in yesterday’s upside rocket ship was what I said could take place if:

The market struggled to end higher yesterday on a late comeback, as some negative news impeded what should have been a better showing from the latest December P.P.I. report.

In what could have been a temporarily bottom from a very oversold market, the indexes all rallied back from their worst levels to end mixed to higher.

U.S. stocks fell sharply on Friday on worries that the “good news is bad news” syndrome may be too good by keeping inflation and interest rates high.

The market ended mixed on Wednesday, but a little to the upside after a horrible day on Tuesday and a better one on Monday, but there was shakiness in the activity and potential hopes that today’s 8:30am monthly jobs report will not further deteriorate the recent overall weaker conditions, and the answer is that it did, and see below for details.

After a strong showing on Monday to start the new week, things got ugly after a nominally higher start yesterday, as ostensibly two reports that resulted in higher bond yields put things sharply lower, as this pattern of extreme volatility in both directions has become the basic market scenario.

Rising technology stocks yesterday salvaged out a winning session, but all of the major indices did suffer large intraday declines from their record mid-day highs.

In another awful session, what began with large gains in the major indices which could have gotten the Santa Claus rally back to positive if gone the distance, the indices just fell apart very badly but were able to come back from really bad early afternoon losses to end only modestly lower.

In another awful session, what began with large gains in the major indices which could have gotten the Santa Claus rally back to positive if gone the distance, the indices just fell apart very badly but were able to come back from really bad early afternoon losses to end only modestly lower.

The market ended the final day of 2024 in somewhat of a pattern that it has been trending lately, namely the major indices lower for the fourth straight day, but this time investors had a little pity on some of the worst Dow performers and gave them a break while breadth numbers were actually positive for a change. But the high-flying technology stocks continued to weaken once again.