MBA FaceOff Blog

Weekly Wrap-up

Logan Smyth

Well, last week was certainly quite the week to start this contest! The combination of the Fed meeting and the macroeconomic uncertainty created pretty good conditions for trading. It will be interesting to see if the sell-off continues into next week or if a rebound is in store. With the constantly changing tone of the markets it appears as if anything is possible.

Looking to the week ahead, consumer confidence and jobless claims will likely be the major catalysts. The earnings calendar looks to be fairly light, although Texas Instruments could have an impact on the tech sector. We will continue to remain nimble and adjust our holdings as opportunities present themselves. We’re quite pleased with our performance out of the gate. Now, we need to make sure we maintain this momentum.