Monday, September 12, 2022
Last Week On Wall Street In a holiday-shortened week of trading, stocks posted healthy gains despite more tough talk on monetary policy from Fed officials. The Dow Jones Industrial Average rose 2.66%, while the Standard & Poor’s...
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Wednesday, September 7, 2022
Last Week on Wall Street The overhang of Fed Chair Powell’s Jackson Hole speech the previous week carried over into last week as investors recalibrated stock valuations amid a seemingly more assertive monetary policy stance. The...
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Monday, August 29, 2022
Last Week On Wall Street A comprehensive sell-off on Friday following comments by Fed Chair Jerome Powell drove stocks to losses for the week. The Dow Jones Industrial Average tumbled 4.22%, while the Standard & Poor's 500...
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Monday, August 22, 2022
First, if you missed last week's update. Check your inbox from last Monday and read it. Good info in there. Now, moving on to this week. The Week On Wall Street Stocks tumbled on Friday, sending stocks to...
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Tuesday, August 16, 2022
A little different format for the update this week as I want to cover a few topics I think are important and relevant. First, a very abbreviated market recap. Stocks were mostly up last week as the market breathed a sigh of...
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Tuesday, August 9, 2022
The Week On Wall Street Stocks turned in a mixed performance last week as investors struggled with headlines suggesting that the Fed was unlikely to soon ease up on its current monetary tightening policy. The Dow Jones Industrial...
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Tuesday, July 26, 2022
THE WEEK ON WALL STREET Stocks rallied last week as investor spirits lifted thanks to a better-than-expected start to the second-quarter earnings season. The Dow Jones Industrial Average gained 1.95%, while the Standard & Poor’s...
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Wednesday, July 6, 2022
THE WEEK ON WALL STREETStocks turned lower as a quiet news week offered investors little fresh visibility into the market overhangs of economic slowdown and inflation. The Dow Jones Industrial Average dipped 1.28%, while the Standard &...
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Monday, June 27, 2022
The Final Thoughts section this week is worth your time. If you only have a few minutes, skip ahead. THE WEEK ON WALL STREETProspects of cooling inflation powered a rally in stock prices last week despite growing...
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Tuesday, June 21, 2022
THE WEEK ON WALL STREET Stocks moved lower last week as recession fears deepened following a Fed hike in interest rates and weak economic data. The Dow Jones Industrial Average fell 4.79%, while the Standard & Poor’s...
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Monday, June 13, 2022
THE WEEK ON WALL STREET A higher-than-expected inflation report triggered a sell-off on Friday, leaving stocks in the red for the week. The Dow Jones Industrial Average lost 4.58%, while the Standard & Poor’s 500 dropped 5.05%....
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Monday, June 6, 2022
THE WEEK ON WALL STREETIn a holiday-shortened week of volatile trading, stocks surrendered some of the previous week’s strong gains. The Dow Jones Industrial Average fell 0.94%, while the Standard & Poor’s 500 declined 1...
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Wednesday, June 1, 2022
THE WEEK ON WALL STREETStocks posted solid gains for the week, buoyed by the release of Fed meeting minutes and upbeat earnings from mid-size and discount retailers. The Dow Jones Industrial Average jumped 6.24%, while the Standard &...
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Monday, November 8, 2021
THE WEEK ON WALL STREET A Federal Reserve announcement on tapering, a fresh batch of corporate profits, and encouraging economic data lifted stocks to another weekly gain. The Dow Jones Industrial Average rose 1.42%, while the...
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Monday, November 1, 2021
THE WEEK ON WALL STREET A fresh wave of positive corporate earnings surprises sent markets to new record highs last week. The Dow Jones Industrial Average increased 0.40%, while the Standard & Poor’s 500 rose 1.33%. The Nasdaq...
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Monday, October 18, 2021
THE WEEK ON WALL STREET A strong opening to the third-quarter earnings season sparked a late week, broad-based rally that helped stocks finish the week with solid gains. The Dow Jones Industrial Average rose 1.58%, while the Standard...
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Tuesday, October 12, 2021
We were closed yesterday for the holiday, so you’re receiving this on Tuesday rather than our normally scheduled Monday mornings. THE WEEK ON WALL STREET The overhang of bumping against the federal debt ceiling was lifted last...
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Friday, October 8, 2021
“The debt ceiling is a manufactured crisis and is irresponsible...” – Janet Yellen LOOKING FORWARD As we begin the final quarter of 2021, the economy is shifting from a recovery phase to a sustained expansion....
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Tuesday, September 28, 2021
THE WEEK ON WALL STREET Stocks prices were whipsawed last week, dragged initially lower by financial contagion worries and later lifted by a supportive Fed policy statement. The Dow Jones Industrial Average gained 0.62%, while the...
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Tuesday, September 14, 2021
THE WEEK ON WALL STREET In a quiet week of news, stocks moved lower amid simmering concerns over the Delta variant’s effect on the progress of economic reopening. The Dow Jones Industrial Average declined 2.15%, while the...
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Tuesday, September 7, 2021
THE WEEK ON WALL STREET Stocks were mixed last week amid conflicting economic data and continued spread of Delta variant infections. The Dow Jones Industrial Average slipped 0.24% during the five trading days. But the Standard &...
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Tuesday, August 31, 2021
THE WEEK ON WALL STREET The stock market powered to record levels last week amid talk of Fed tapering and a deceleration in new Delta variant cases. The Dow Jones Industrial Average gained 0.96%, while the Standard & Poor’s 500...
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Tuesday, August 24, 2021
THE WEEK ON WALL STREET Stocks turned lower last week amid the increasing probability of a Fed tapering, mixed economic data, and growing concerns about the economic impact of the Delta variant. The Dow Jones Industrial Average...
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Monday, August 16, 2021
THE WEEK ON WALL STREET Looking past inflation figures and Delta variant trends, stocks last week found a way to climb higher and set fresh record highs in the process. The Dow Jones Industrial Average rose 0.87%, while the Standard &...
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Monday, August 9, 2021
THE WEEK ON WALL STREET Overcoming jitters about the Delta variant and the reintroduction of mask requirements, stocks climbed higher on strong employment data and a fresh batch of strong corporate earnings. The Dow Jones Industrial...
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Tuesday, August 3, 2021
THE WEEK ON WALL STREET The stock market posted small losses last week despite a very strong showing by corporate America. The Dow Jones Industrial Average slipped 0.36%, while the Standard & Poor’s 500 lost 0.37%. The Nasdaq...
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Monday, July 26, 2021
THE WEEK ON WALL STREET Overcoming a COVID-related economic growth scare, stocks moved higher amid a week of strong corporate earnings reports. The Dow Jones Industrial Average rose 1.08%, while the Standard & Poor’s 500 gained 1...
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Tuesday, July 20, 2021
THE WEEK ON WALL STREET Despite a good start to earnings season and some solid economic data, worries of slower second-half economic growth led to a pullback in stock prices last week. The Dow Jones Industrial Average fell 0.52%, while...
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Tuesday, July 13, 2021
THIRD QUARTER UPDATE – 2021 “The stock market is designed to transfer money from the active to the patient.” – Warren Buffet LOOKING BACKThe second quarter began by building on the first-quarter’s gains,...
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Tuesday, July 6, 2021
THE WEEK ON WALL STREET Strong employment reports and rising consumer sent the stock market broadly higher last week. The Dow Jones Industrial Average rose 1.02%, while the Standard and Poor's 500 picked up 1.67%. The Nasdaq Composite...
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Monday, June 28, 2021
THE WEEK ON WALL STREET Stocks reached new all-time highs last week as markets staged a strong rebound from the previous week's declines. The Dow Jones Industrial Average rose 3.44% while the Standard & Poor's 500 picked up 2.74%. The...
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Monday, June 21, 2021
THE WEEK ON WALL STREET New messaging from the Federal Reserve on interest rates and inflation last week led to a broad retreat in stock prices. The Dow Jones Industrial Average dropped 3.45% while the Standard & Poor’s 500 lost...
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Thursday, June 17, 2021
THE WEEK ON WALL STREET Stocks ended the week mixed as investors appeared to shrug off a hotter-than-expected inflation report. The Dow Jones Industrial Average slipped 0.80%, while the Standard & Poor’s 500 advanced 0.41%. The...
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Monday, June 7, 2021
THE WEEK ON WALL STREET A strong, but not too strong, employment report sparked a rally on the final day of trading, propelling stocks to a modest gain for the week. The Dow Jones Industrial Average climbed by 0.66%, while the...
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Tuesday, June 1, 2021
THE WEEK ON WALL STREET Optimism over the economic reopening and renewed enthusiasm for technology and other high-growth companies powered the stock market higher last week. The Dow Jones Industrial Average rose 0.94%, while the...
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Monday, May 24, 2021
THE WEEK ON WALL STREET Stock prices fluctuated amid inflation concerns and bargain hunting, leaving stocks mixed for the week. The Dow Jones Industrial Average slipped 0.51%, while the Standard & Poor’s 500 dropped 0.43%. The...
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Monday, May 17, 2021
THE WEEK ON WALL STREET A surge in consumer inflation unsettled investors, leading to a turbulent week of trading on Wall Street. The Dow Jones Industrial Average slipped 1.14%, while the Standard & Poor’s 500 fell 1.39%. The...
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Tuesday, May 11, 2021
THE WEEK ON WALL STREET Stocks closed mixed last week as signs of continued economic recovery and upbeat earnings helped some sectors while the struggles persisted for high-growth companies. The Dow Jones Industrial Average gained 2...
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Monday, May 3, 2021
THE WEEK ON WALL STREET Stocks meandered around a flatline in a busy week of corporate earnings, ending the trading week slightly lower. The Dow Jones Industrial Average slid 0.50%, while the Standard & Poor’s 500 was flat (+0...
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Monday, April 26, 2021
THE WEEK ON WALL STREET The crosscurrents of strong corporate earnings, rising global cases of COVID-19, and the specter of higher capital gains taxes led to a choppy week of trading that left stock prices slightly lower for the week....
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Monday, April 19, 2021
"I will tell you how to become rich, Close the doors. Be fearful when others are greedy. Be greedy when others are fearful." - Warren BuffetLOOKING BACKThe first quarter started on a bumpy note as investors grappled with a slow...
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Monday, April 12, 2021
THE WEEK ON WALL STREET Strong economic data and a resurgent technology sector propelled stocks to solid gains last week. The Dow Jones Industrial Average advanced 1.95%, while the Standard & Poor’s 500 picked up 2.71%. The...
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Monday, March 29, 2021
THE WEEK ON WALL STREET A rocky week with wide price swings led to mixed results for stocks last week, as investors grappled with anxieties over economic growth and weakness in technology and other high-growth stocks. The Dow Jones...
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Monday, March 22, 2021
THE WEEK ON WALL STREET Rising bond yields and improving economic conditions led to a choppy week of trading that ended in modest losses for investors. The Dow Jones Industrial Average fell 0.46%, while the Standard & Poor’s 500...
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Tuesday, March 16, 2021
THE WEEK ON WALL STREET Stocks touched new record highs last week as bond yields steadied, a fiscal relief bill was signed into law, and confidence in a strong economic recovery grew. The Dow Jones Industrial Average gained 4.07%,...
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Wednesday, March 10, 2021
THE WEEK ON WALL STREET Stocks were mixed last week as rising bond yields and heightening inflation fears sent stocks on a wild ride, capped by a remarkable Friday afternoon rally. The Dow Jones Industrial Average gained 1.82%, while...
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Tuesday, March 2, 2021
THE WEEK ON WALL STREET Stocks dropped amid rising long-term bond yields, with sharp declines in high-valuation growth stocks leading the overall market lower. The Dow Jones Industrial Average slipped 1.78%, while the Standard &...
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Monday, February 22, 2021
THE WEEK ON WALL STREET Rising bond yields dampened investor enthusiasm for high-multiple growth companies last week, sending market averages mostly lower in a holiday-shortened week of trading. The Dow Jones Industrial Average gained...
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Wednesday, February 17, 2021
THE WEEK ON WALL STREET Stock prices inched higher last week amid declining COVID-19 cases, a pick-up in vaccinations, and progress on a fiscal relief bill. The Dow Jones Industrial Average gained 1.00%, while the Standard &...
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Monday, February 8, 2021
THE WEEK ON WALL STREET Stocks notched strong gains last week, paced by a string of solid economic reports and consensus-beating corporate earnings. BULL STORY REMAINS INTACT… FOR NOW As the social media trading frenzy fizzled,...
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Tuesday, February 2, 2021
THE WEEK ON WALL STREET Despite strong corporate earnings, stock prices closed lower after a volatile week of trading triggered by unprecedented activity in a handful of companies. The Dow Jones Industrial Average lost 3.27%, while...
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Tuesday, January 26, 2021
THE WEEK ON WALL STREET Anticipation of a new fiscal stimulus and improved vaccine distribution powered stocks to fresh record highs last week with technology stocks leading the way. The Dow Jones Industrial Average gained 0.59%,...
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Tuesday, January 19, 2021
THE WEEK ON WALL STREET Markets drifted lower last week as uninspired investors digested mixed news on the economic front. The Dow Jones Industrial Average lost 0.91% while the Standard & Poor’s 500 slid 1.48%. The Nasdaq...
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Monday, December 21, 2020
Our weekly market commentary will not be published next week. We would like to take this moment to wish you and your family a safe and joyous holiday season. Last Week on Wall Street Stocks climbed higher amid the COVID-19 vaccine...
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Monday, December 14, 2020
The Week on Wall Street Stocks retreated last week on rising COVID-19 infections and slow progress on an economic relief bill. The Dow Jones Industrial Average dipped 0.57%, while the Standard & Poor’s 500 dropped 0.96%. The...
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Tuesday, December 8, 2020
The Week on Wall Street Stocks marched higher last week on an improving outlook for the passage of a fiscal stimulus package. The Dow Jones Industrial Average rose 1.03%, while the Standard & Poor’s 500 tacked on 1.67%. The...
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Monday, November 30, 2020
The Week on Wall Street Stocks surged last week, ignited by another COVID-19 vaccine announcement, encouraging economic data, and the easing of political uncertainty. The Dow Jones Industrial Average rose 2.21%, while the Standard &...
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Monday, November 23, 2020
First, this week is a short week due to Thanksgiving. Our offices will be closed Thursday and Friday. The Week on Wall Street Despite news of another COVID-19 vaccine candidate, stocks were mixed amid investor anxiety over an increase...
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Monday, November 16, 2020
The Week on Wall Street News of a COVID-19 vaccine ignited a rally in economically sensitive stocks and a broad retreat in technology companies last week, though enthusiasm was tempered by reports of rising new infections and fresh...
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Monday, November 9, 2020
The Week on Wall Street Stocks soared last week as investors anticipated that a split Congress would raise legislative hurdles to changing corporate taxes and adjusting regulatory oversight of big technology companies. The Dow Jones...
Read MoreBelow is our 4th quarter update. Expect a lot of back and forth in the markets the next few weeks. The election, Covid resurgence and stimulus talks are all at play here. This is in addition to a large chunk of the S&P500 reporting...
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Monday, October 19, 2020
The Week on Wall Street Stocks treaded water last week amid fading prospects for a stimulus bill, fears of a second wave of COVID-19 cases, and increasing political and regulatory pressures on Big Tech companies. The Dow Jones...
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Monday, October 12, 2020
The Week on Wall Street Stocks staged a powerful rally last week, riding a wave of optimism over the prospect of the passage of a new fiscal stimulus bill. The Dow Jones Industrial Average rose 3.27%, while the Standard & Poor’s...
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Wednesday, October 7, 2020
The Week on Wall Street Stocks advanced last week, propelled by hopes that legislators may reach an agreement for a new fiscal stimulus package and optimism generated by a few corporate deal announcements and initial public offerings....
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Monday, September 28, 2020
The Week on Wall Street Stocks were mixed last week as worries that stretched from Washington D.C., where prospects of a new fiscal stimulus bill dimmed, to Europe, which saw an increase of new COVID-19 cases. The Dow Jones Industrial...
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Monday, September 21, 2020
The Week on Wall Street Stocks slipped as the technology sector remained under pressure and a mid-week announcement by the Federal Reserve failed to inspire investors. The Dow Jones Industrial Average declined 0.03%, while the...
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Monday, September 14, 2020
The Week on Wall Street Stocks traveled a volatile path last week as investors appeared concerned about the upcoming elections, an uncertain economy, and more delays with additional fiscal stimulus. The Dow Jones Industrial Average...
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Monday, August 31, 2020
The Week on Wall Street Stocks advanced relentlessly last week on positive COVID-19 developments, encouraging economic data, and a supportive policy shift in the Fed’s approach to its target inflation rate. The Dow Jones...
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Monday, August 24, 2020
The Week on Wall Street Stocks powered to another week of gains as the S&P 500 and Nasdaq Composite set multiple new record highs along the way. The Dow Jones Industrial Average was essentially unchanged while the Standard &...
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Wednesday, August 19, 2020
The Week on Wall Street Stock prices drifted higher in an otherwise quiet news week, as a slowdown in new COVID-19 cases outweighed a Congressional impasse on a new fiscal-spending measure. The Dow Jones Industrial Average gained 1...
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Monday, August 10, 2020
Perhaps the biggest challenge of the day is separating fact from opinion. Indeed, most stock market analysis is just opinion. Sure, the fundamental data is real. Earnings are earnings. Projections are projections. What does the data...
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Thursday, August 6, 2020
How to Protect Yourself From Identity Theft Online banking and electronic payment options offer consumers unprecedented access to their financial accounts. Yet, this convenience comes at a price—a greater risk of identity theft....
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Monday, July 6, 2020
The Week on Wall Street In a holiday-shortened week, stock prices turned higher as encouraging economic data outweighed an increase in COVID-19 cases and a rollback in economic re-openings. The Dow Jones Industrial Average rose 3.25%,...
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Monday, June 29, 2020
The Week on Wall Street A jump in COVID-19 cases dampened investor enthusiasm last week, sending stock prices lower on worries that rising infections could derail the economic recovery. The Dow Jones Industrial Average slumped 3.31%,...
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Monday, June 22, 2020
The Week on Wall Street Stocks moved higher last week on news of more Federal Reserve market support and diminished concerns that new COVID-19 cases might lead to another economic shutdown. The Dow Jones Industrial Average rose 1.04%,...
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Monday, June 8, 2020
The Week on Wall Street A positive jobs report sent stocks soaring last Friday, capping a solid week as evidence of a global economic recovery outweighed concerns over civil unrest and tensions with China. The Dow Jones Industrial...
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Monday, June 1, 2020
The Week on Wall Street The shortened week, which began with a powerful two-day rally of trading, was enough to drive the markets into another week of solid gains. The Dow Jones Industrial Average rose 3.75%, while the Standard &...
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Tuesday, May 26, 2020
The Week On Wall Street Upbeat comments by the Federal Reserve Chairman and more signs of an economic turnaround combined to help fuel a powerful rally in the stock market last week. The Dow Jones Industrial Average rose 3.29%, while...
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Tuesday, May 19, 2020
Keeping Emotions at Bay During Virus Volatility Fear, uncertainty, volatility, panic—these emotions are nothing new to the world of investing. In fact, they seem to reappear on a fairly consistent basis. The outbreak of Covid-19...
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Monday, May 11, 2020
Market vs Real Economy I don't often say "please read" in the subject line of these emails. However, I feel what is being said here this week important enough for you to take a few minutes to digest. I've also added a very short...
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Monday, May 4, 2020
The Week on Wall Street Stock prices ended the week slightly lower, despite news of positive results from a test trial of a COVID-19 drug treatment and several states easing their economic lockdowns. The Dow Jones Industrial Average...
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Monday, April 27, 2020
The week ahead should prove interesting. Arguably, there is a pretty big disconnect from the stock market and the economy right now. The market seems quite optimistic while the economy continues to slide further. The 5 biggest...
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Monday, April 20, 2020
THE WEEK ON WALL STREET Stock prices pushed higher last week as news of a White House plan to reopen the economy and reports of a potential COVID-19 treatment helped the market overcome weak economic data and an ugly start to the...
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Tuesday, April 14, 2020
We don’t have to re-hash the story that is this virus and what it’s done to the markets. We know we had one of the fastest market drops in history. We also know last week was the largest one-week rally since 1974. The...
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Monday, March 30, 2020
THE WEEK ON WALL STREET An open-ended commitment by the Federal Reserve to support American businesses and capital markets along with the passage of a $2 trillion aid package improved investor sentiment and drove a strong rally in...
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Monday, March 23, 2020
To say that last week was a tough week on Wall Street would be akin to saying Michael Jordan was an okay basketball player. Through the end of the brutal week, the Dow Jones Industrial Average posted a huge loss of 17.3% to finish at...
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Thursday, March 12, 2020
Although there is a significant financial component to leaving a lasting legacy, it encompasses so much more than just money. It’s easy to get stuck in a pattern of living life day by day, but your legacy isn’t something...
Read MoreWe delayed sending this commentary until today as we wanted to see the market’s behavior and close yesterday and how it opened again this morning. Yesterday, the S&P 500 closed down 7.6% to 2,746.56 as investors punished...
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Monday, March 2, 2020
LAST WEEK ON WALL STREET There was no place to hide as the stock market suffered its worst week since the 2008 financial crisis as fears over the coronavirus and its negative impact on the global economy rocked investor sentiment to...
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Monday, February 24, 2020
Your regularly scheduled update has been cancelled in order to address the large drawdown this morning in the futures market due to worries about the spread of coronavirus. This morning, at least at the open, the Dow Jones and S&P 500...
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Wednesday, February 19, 2020
What the SECURE Act Means for Your Retirement On December 20th, 2019, the Setting Every Community Up for Retirement Enhancement (SECURE) Act became law. As the name implies, this law intends to make it easier for Americans to save for...
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Wednesday, February 19, 2020
THE WEEK ON WALL STREET The markets were closed Monday for President’s Day. Daily headlines about the coronavirus had little impact on stock market averages last week. Earnings and mergers had more influence. All three Wall...
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Monday, February 3, 2020
“I wish I had an answer to that, because I’m tired of answering that question.” – Yogi Berra WHAT A DIFFERENCE A YEAR MAKES The market limped into 2019 following the worst year for stocks since the 2008...
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Monday, January 27, 2020
THE WEEK ON WALL STREET Stock prices fell last week as investors considered the potential health and economic risks of the flu-like coronavirus. Foreign stock markets, as tracked by the broad MSCI EAFE index, fell 1.03% for the week....
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Tuesday, January 21, 2020
THE WEEK ON WALL STREET Traders were in an upbeat mood last week, reacting to news out of Washington: the signing of the phase-one trade deal between the U.S. and China as well as the Senate passage of the U.S.-Mexico-Canada Agreement...
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Tuesday, January 14, 2020
THE WEEK ON WALL STREET The market had a choppy five days, with traders reacting to geopolitical developments and weaker-than-expected jobs data. Even so, the three major U.S. equity indices posted weekly gains and continued their...
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Monday, January 6, 2020
THE WEEK ON WALL STREET Stocks descended from record highs Friday, as traders reacted to a U.S. drone strike that killed Iran’s top military officer. Oil prices rose more than 3% following the breaking news. Wall Street...
Read MoreFrom our family to yours, we wish you the very best the season has to offer. May you enjoy peace, love and good health in the year ahead. Thank you for allowing us to serve you. It is an honor we cherish each day.
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Tuesday, December 17, 2019
THE WEEK ON WALL STREET The U.S. and China announced a limited trade agreement last week. That news lifted U.S. and foreign stocks, leading to weekly gains. Advancing 0.91% on the week, the Nasdaq Composite outperformed the S&P 500...
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Monday, December 9, 2019
THE WEEK ON WALL STREET Key Wall Street benchmarks were up and down last week – or rather down and then up. A Tuesday retreat was offset by a Friday rally spurred by the Department of Labor’s November jobs report. While...
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Monday, November 25, 2019
First, just a bit of housekeeping. As you may have heard in the news, Charles Schwab and TD Ameritrade have reached an agreement for Schwab to acquire TD Ameritrade. The combined company will retain the Schwab name, and will reflect...
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Monday, November 18, 2019
THE WEEK ON WALL STREET Stock benchmarks were little changed for much of last week, but a rally occurred Friday after news broke that the U.S. and China could be closing in on the first phase of a new trade pact. At Friday’s...
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Monday, November 11, 2019
THE WEEK ON WALL STREET Domestic and international stocks rose last week. Risk appetite outweighed concerns about the state of U.S.-China trade discussions. The Dow Jones Industrial Average, Nasdaq Composite, S&P 500, and MSCI EAFE...
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Monday, November 4, 2019
THE WEEK ON WALL STREET A better-than-forecast jobs report prompted a stock market rally Friday, two days after traders witnessed another interest rate cut by the Federal Reserve. Both the S&P 500 and Nasdaq Composite ended the week...
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Monday, October 28, 2019
THE WEEK ON WALL STREET The S&P 500 came within 0.1% of a record close Friday. Stocks were lifted last week by positive news on U.S.-China trade negotiations, plus earnings announcements. The Nasdaq Composite posted the largest weekly...
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Tuesday, October 8, 2019
THE WEEK ON WALL STREET The fourth quarter started with a mixed week for equities. A slip for an index of U.S. manufacturing activity proved to be a market mover, more so than the latest jobs report. The Dow Jones Industrial Average...
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Monday, September 30, 2019
THE WEEK ON WALL STREET Stocks retreated last week. Traders worried that the formal impeachment inquiry of President Donald Trump might distract White House officials from their pursuit of a trade deal with China and shift the focus...
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Monday, September 9, 2019
THE WEEK ON WALL STREET Stocks rose last week, with help from two developments: the announcement of further U.S.-China trade talks as well as August hiring and manufacturing numbers that seemed to bolster the argument for a rate cut...
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Tuesday, September 3, 2019
It looks like those of us in central Florida dodged a bullet with hurricane Dorian. However, those along the east coast are still not out of the woods and we send you our prayers for an uneventful next few days. If our office can be...
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Thursday, August 29, 2019
It's that time of year again, so we thought we would share some tips on how you can keep your family safe and healthy before, during and after a storm. Insurance Tips What you should do now: 1. Take pictures of your property outside...
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Monday, August 26, 2019
LAST WEEK ON WALL STREET Traders assumed that the week’s biggest news event would be Federal Reserve Chairman Jerome Powell’s speech at the annual Jackson Hole banking conference. Instead, China seized the headlines by...
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Monday, August 19, 2019
THE WEEK ON WALL STREET Volatility continued to hold center court in a big way last week as stocks took a wallop mid-week after a temporary inversion in the yield curve. The U.S. - China trade dispute played a large part in the major...
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Monday, August 12, 2019
THE WEEK ON WALL STREET Stocks spent much of last week rebounding from a Monday drop that reflected nervousness about the U.S.-China trade fight. By Thursday’s closing bell, the S&P 500 had regained all its Monday losses, but it...
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Tuesday, August 6, 2019
During the past week, stock prices dropped sharply on fears the trade dispute between the U.S. and China had escalated. Investors woke to the news on Monday that the People’s Bank of China had manipulated its currency, allowing...
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Monday, July 29, 2019
THE WEEK ON WALL STREET Last week, investors assessed earnings and the initial estimate of second-quarter economic growth, while awaiting the Federal Reserve’s next announcement about interest rates. Stocks rose for the week;...
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Tuesday, July 23, 2019
THE WEEK ON WALL STREET Stock benchmarks retreated during the first week of the second-quarter earnings season. As some big names shared quarterly results, investors seemed more interested in what might happen at the Federal...
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Monday, July 15, 2019
THE WEEK ON WALL STREET Friday, the S&P 500 settled above 3,000 for the first time, after rising 0.78% for the week. The Dow Jones Industrial Average chalked up a milestone of its own: the blue chips ended the week above 27,000,...
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Thursday, July 11, 2019
It's that time of year again, so we thought we would share some tips on how you can keep your family safe and healthy before, during and after a storm. How to prepare before the storm Once you find out the storm is heading your way,...
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Tuesday, July 9, 2019
THE WEEK ON WALL STREET U.S. stock benchmarks opened a new quarter positively. The S&P 500, Dow Jones Industrial Average, the Nasdaq all gained in the opening week of July. Overseas, stocks in developed markets, tracked by...
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Monday, June 24, 2019
The commentary this week is somewhat brief as I am traveling. The remainder of the week I will have limited access to email and telephone. If you need anything, please contact the office and one of my colleagues will help you. THE...
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Monday, June 17, 2019
THE WEEK ON WALL STREET Stocks advanced for a second straight week. The S&P 500 benchmark rose 0.47%; the Nasdaq Composite, 0.70%; the Dow Jones Industrial Average, 0.41%. Overseas shares, as tracked by the MSCI EAFE developed markets...
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Monday, June 10, 2019
In this week’s recap: the blue chips have their best week of 2019, as investors like what they hear from the head of the Federal Reserve and interpret the latest monthly employment numbers. THE WEEK ON WALL STREET Following a...
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Tuesday, June 4, 2019
Stocks took a big hit in May as the trade war with China continued and a new one with Mexico seemed to come out of nowhere. The fear is that trade wars will hurt the U.S. economy over time. As the bell rang to end the final round of...
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Tuesday, May 28, 2019
In this week’s recap: stocks decline as Wall Street adjusts its expectations about the potential duration of the U.S.-China trade dispute, and some retail giants post first-quarter earnings. THE WEEK ON WALL STREET Stocks...
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Monday, May 20, 2019
THE WEEK ON WALL STREET Stocks fell sharply at the start of last week over trade tensions, then recovered with help from strong earnings and indications that U.S.-China trade talks would continue. Even so, the major indices had a down...
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Wednesday, May 8, 2019
First, a little housekeeping. Over the past few months we've experimented a little with going from more frequent email updates to longer, more robust monthly updates. While I have no real preference, I know it can sometimes be...
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Monday, April 8, 2019
Macro OverviewA change in the Federal Reserve’s stance on the direction of interest rates helped buoyequity and bond prices higher in March, allowing U.S. equity indices to post the strongestfirst quarter in nearly ten years. The...
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Monday, March 11, 2019
Macro Overview - March 2019 U.S. equities continued to defy negative sentiment and sanguine market readings as tepid economic data advanced stocks higher in February. Equities posted their best first two months of the year since 1991,...
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Wednesday, February 13, 2019
Welcome to the new format mentioned in our last update. As discussed, we have revamped this commentary going forward. Some weeks it feels like there isn’t much to report and we find ourselves looking for something to say. As we...
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Monday, January 28, 2019
For the first time in months, U.S. markets experienced little movement last week. The Dow and NASDAQ did have their 5th week of gains in a row, but their increases were small: 0.12% and 0.11%, respectively. Meanwhile, the S&P 500...
Read MoreLast week was another strong showing for the S&P500 in 2019. In fact, so far, there have only been 3 negatives closes for the year. The last time we saw the markets start this strong was… oh yeah, last year. Then, in February,...
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Tuesday, January 15, 2019
“Politics is supposed to be the second oldest profession. I have come to the realization that it bears a close resemblance to the first.” -- Ronald Reagan Market Update I hope everyone had a wonderful holiday season....
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Monday, January 7, 2019
Happy New Year! This is the first full week of trading for the year – so back to work! Markets are trying to shake off the December 2018 hangover. Last week’s first trading week sure made it interesting. The big news was...
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Tuesday, December 18, 2018
Last week brought more volatility to the markets. While domestic indexes had some rallies as positive trade news emerged earlier in the week, by Friday, December 14, they had erased any gains. The last time major U.S. indexes ended in...
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Monday, December 10, 2018
Markets went for another wild ride last week, as major domestic indexes swung back and forth. By Friday, December 7, markets had posted their worst weekly performance since March—and the S&P 500 and Dow both moved into negative...
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Monday, December 3, 2018
U.S. markets ended a volatile month on a high note Friday. All three major indices posted increases for the week, buoyed by news from the Fed Reserve and international trade. To better understand last week’s sharp rebound,...
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Tuesday, November 27, 2018
Last week was a tough one for markets. The S&P 500 dropped 3.79% and experienced its worst results during a Thanksgiving week since 1939. While the index officially entered correction territory on Friday, it closed 10.2% below its most...
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Monday, November 19, 2018
Markets experienced more volatility last week, as perspectives on trade, tech, and retail pulled investor sentiment back and forth. Although domestic indexes were up on Friday, November 16, they still posted losses for the week. In...
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Monday, November 12, 2018
Markets posted gains last week after struggling for the month of October. What drove market performance last week? We received a fair amount of data and reports, with the following details holding particular weight for investors:...
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Monday, November 5, 2018
Markets posted gains last week after struggling for the month of October. What drove market performance last week? We received a fair amount of data and reports, with the following details holding particular weight for investors:...
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Monday, October 29, 2018
As I prepared for this week’s commentary, I reviewed various economic indicators I follow and then took a few minutes to read commentary from “pundits” and news sources. The realization I came to after reviewing...
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Monday, October 22, 2018
Stock performance was mixed last week as investors considered the impact of interest rates, international affairs and corporate earnings. While the final weekly results showed relatively little growth or loss, the week included some...
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Tuesday, October 9, 2018
Although new data continued to show strength in the U.S. economy, markets stumbled across the globe last week. While U.S. and international stocks followed similar paths last week, data is beginning to show that our economic outlooks...
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Monday, October 1, 2018
Friday, September 28, was the last trading day in 2018’s 3rd quarter. Weekly numbers revealed mixed performances: the S&P 500 slipped 0.54%, the Dow fell 1.07%, and the NASDAQ gained 0.74%. Internationally, the MSCI EAFE dropped...
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Tuesday, September 18, 2018
Markets across the board were positive last week on slightly lower than anticipated inflation data. This means the market doesn’t expect the Fed to have to raise interest rates any faster than their current measured pace. The...
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Monday, September 10, 2018
Domestic markets fell last week due to negative trade news and declining tech stocks, with the S&P 500 and Dow both breaking their multi-week winning streaks. Meanwhile, the NASDAQ posted losses for 4 days in a row for the first time...
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Tuesday, September 4, 2018
Trade continued to dominate the news last week and cause market volatility as investors monitored discussions of the North American Free Trade Agreement (NAFTA) and tension with China. While Mexico and the U.S. reached a new trade...
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Monday, August 27, 2018
Last week marked a noteworthy milestone in our economy: On Wednesday, August 22, the bull market entered its 3,453rd day, the longest such run in U.S. history. In the past 9 plus years, domestic indexes have come quite a way since the...
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Tuesday, August 21, 2018
Challenges in emerging markets affected both U.S. and global stock performance last week, with the S&P 500 experiencing several down days. By market close on Friday, however, two of the three major domestics posted gains for the week....
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Tuesday, August 14, 2018
Stocks ended last week in mixed territory as trouble with Turkey’s currency affected U.S. equity performance on Friday, August 10. For the week, the S&P lost 0.25%, the Dow declined 0.59%, and the NASDAQ increased 0.35%....
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Monday, August 6, 2018
Domestic markets ended last week in positive territory, while international stocks were in the red. Once again, trade and corporate earnings were in the news last week. We learned that the U.S. is considering increasing tariffs on $200...
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Monday, July 30, 2018
Markets experienced a push-and-pull last week between data indicating strong economic growth and lagging performance from several tech stocks’ earnings reports. Domestic indexes had mixed results, as the S&P 500 gained 0.61%,...
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Monday, July 23, 2018
On Friday, July 20, stocks lost a small amount of ground after President Trump escalated his threats of increasing tariffs on China. However, strong quarterly earnings reports from several large companies helped provide balance in the...
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Monday, July 9, 2018
Domestic stocks only traded for 4 days last week, due to the Independence Day holiday. In that time, all 3 major domestic indexes posted positive results for the week. Once again, trade and tariffs were a major topic on many...
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Monday, July 2, 2018
International trade concerns continue to create uncertainty in markets around the world. Despite the markets’ slight rises on Friday, June 29, they recorded losses for the week. The S&P 500 fell 1.33%, the Dow gave back 1.26%,...
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Monday, June 25, 2018
Stocks stumbled across the globe last week as trade tensions continued to escalate. Despite rebounding somewhat on Friday, the S&P 500 experienced its first weekly loss in a month, and the Dow posted its worst week since March. The S&P...
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Monday, June 18, 2018
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Monday, June 11, 2018
As last week ended, tension between the U.S. and some of its greatest allies was on the rise. Trade remained a hot-button topic ahead of the G-7 meeting in Canada, but investors seemed largely unfazed by the drama. While geopolitical...
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Monday, May 21, 2018
Major domestic indexes went down last week after all three gained more than 2% the previous week. The S&P 500 dropped 0.54%, the Dow gave back 0.47%, and the NASDAQ lost 0.66%. International stocks also stumbled; the MSCI EAFE...
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Monday, May 14, 2018
Last week may have been the break-out traders have been looking for as major indexes finished positive for the week. After several months of correction it looks like the 200-day moving average for the S&P500 is likely to hold support....
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Monday, May 7, 2018
Domestic indexes posted strong results on Friday, May 4, as the latest labor report data lessened investors’ concerns about inflation and interest rates. Nonetheless, stocks had mixed results last week. The S&P 500 dropped 0.24%...
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Tuesday, May 1, 2018
We just finished the busiest week of 1st quarter earnings season, and although many companies shared positive results, stock indexes experienced modest declines. The S&P 500 lost 0.01%, the Dow dropped 0.62%, and the NASDAQ gave back...
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Wednesday, April 25, 2018
Stocks posted moderate gains last week, as the S&P 500 added 0.52%, the Dow increased 0.42%, and the NASDAQ rose 0.56%. International stocks in the MSCI EAFE followed suit, gaining 0.41%. We received numerous new data updates last...
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Wednesday, April 18, 2018
Market volatility continues. Stocks slid on Friday, April 13, but still held on to gains for the week. Similar to recent weeks, international events continued to sway markets: Concerns about trade disputes affected investor behavior....
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Thursday, April 12, 2018
Traditional and Roth IRA contributions for 2017 can be made until April 17th. If you or a loved one need help with any last minute deposits, give us a call.
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Tuesday, April 3, 2018
Markets were closed on March 30 for Good Friday, but in the four days of trading, stocks recovered some of this year’s losses. For the week, the S&P 500 added 2.09%, the Dow gained 2.67%, and the NASDAQ increased by 1.03%....
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Tuesday, March 27, 2018
Markets experienced significant declines last week. The S&P 500 lost 5.95%, the Dow dropped 5.66%, and the NASDAQ declined 6.54%. With these losses, all 3 domestic indexes had their worst weekly performance in more than 2 years....
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Wednesday, March 14, 2018
GOLDILOCKS RETURNS Domestic stocks leapt ahead last week as the latest jobs report inspired renewed confidence in our economic standing. In addition to solid stock growth last week also brought a significant milestone in the markets:...
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Tuesday, March 6, 2018
Last week introduced a new variable into the analysis: Not surprisingly, the markets declined. The bigger question is, now what? We are seeing another drop this morning. The question is, will the 100-day moving average on the S&P 500...
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Monday, February 5, 2018
After 4 straight weeks of gains, the markets have slipped. As of Friday, the S&P 500 lost 3.85%, the Dow dropped 4.12%, and the NASDAQ decreased by 3.53%. International stocks in the MSCI EAFE also took a 2.78% hit. Domestically, the...
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Monday, January 22, 2018
This week it’s politics as usual, as the temper tantrum of partisanship has the Federal Government shut down. While this will have a temporary muting effect on the markets, it will likely be minimal in nature. Odds are this...
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Tuesday, January 9, 2018
Last week was the strongest start to the stock market in over a decade (since 2006). The question on everyone’s mind: Can it last? Well, the markets may be slightly ahead of themselves in the very short term (meaning we could see...
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Tuesday, January 2, 2018
As we kick off the new year, it’s a short week before the next earnings season gets rolling. Oil has climbed above $60 a barrel. Perhaps the biggest story will be the same story we’ve had for the last few years: the Fed....
Read MoreAfter posting gains each week since September, U.S. stocks declined by market’s close on Friday. The S&P 500 and Dow ended their longest stretch of weekly increases since 2013, and the NASDAQ ended its own 6-week streak. By...
Read MoreThe markets ended the week in positive territory—and all 3 major domestic indexes hit new record highs. The S&P 500 added 0.26%, and the Dow was up 0.45%, with both indexes notching their 8th straight week of growth. The NASDAQ...
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Monday, October 2, 2017
Before we begin our usual weekly commentary, we wanted to take a moment to honor the victims of Sunday’s terrible attack in Las Vegas. Though details are still scarce, it is the most devastating mass shooting in U.S. history. Our...
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Monday, September 25, 2017
I miss the days when Presidents were presidential, athletes were known for their playmaking abilities and Twitter was just something for Paris Hilton and the Kardashians to promote whatever it is they promote. Ah, the good old days....
Read MoreAfter briefly stumbling the week of September 4, domestic indexes notched significant gains last week and hit record highs. By Friday, the S&P 500 exceeded 2,500 for the first time, the Dow closed at its highest level ever, and the...
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Tuesday, September 12, 2017
Like many of you, we are without power in our homes. Fortunately, our office sustained no damage and we have power. My home saw no damage other than lots of tree limbs and debris and some fencing blown apart. Please keep Liz in your...
Read MoreWe have a very abbreviated market update this week. I decided it would be more productive to address the North Korea situation. Let’s keep it simple. There’s significant up-side resistance for the S&P 500 at 2,500 and...
Read MoreMARKETS SEESAW BACK & FORTH Its that time of the year. As we've mentioned in several of the updates August and September tend to be those months of the year where market volatility picks up. After several weekly losses, the major...
Read MoreSUPPORT, RESISTANCE & STRESS With markets being well into the ‘meat’ of earnings season, let’s talk technical numbers. For the S&P 500, the big question is: will we or won’t we break 2500? Of course we...
Read MoreGenerally strong corporate earnings reports helped markets continue to hit highs. The majority of companies that have posted Q2 earnings so far have beaten their estimates. Those earnings performances helped push financials, materials...
Read MoreAs Q2 ended, markets hit a six-week volatility high. While the tech sector declined during the week, consumer discretionary and industrial sectors drove stocks higher on Friday. On Friday, the tech-heavy NASDAQ slumped 1.99%. The S&P...
Read MoreEarly last week, both the S&P and NASDAQ recorded all time highs (2405 on the S&P 500) before tumbling along with the Dow as political concerns rose. By Friday, though, the markets had largely rebounded and steadied. The S&P 500...
Read MoreMarkets tuned out noise from Washington last week and continued to focus on economic fundamentals. Mildly rebounding retail sales and strong consumer sentiment seem to point toward a modestly stronger second quarter. From a technical...
Read MoreWe have an abbreviated market update this week. Much of the mystery is off the board now. The DJIA closed above 21,000. The S&P500 closed at 2399 and change. The NASDAQ closed over 6200. The French election turned out as expected. Oil...
Read MoreLast week, major indexes experienced losses for the second week in a row, with the S&P 500 falling 1.21%, the Dow giving back 1.01%, the NASDAQ dropping 1.26%, and the MSCI EAFE declining 0.14%. However, as of this writing the markets...
Read MoreThe uptrend in the markets finally took a break last week. After a series of new highs it looks like a pause may be in order. As previously discussed, markets appear to be technically overbought at this time. The question is, are we...
Read MoreAnother week, another round of record highs. Despite concerns about how France’s upcoming presidential election could affect the European Union’s stability, U.S. stocks ended the week up yet again. The S&P 500 gained 1.51%,...
Read MorePolitical headlines continued to fill the news last week, and while domestic markets declined during mid-week trading, they rebounded on Friday, February 3. Overall, the week showed only modest movement, as the S&P 500 added 0.12%, the...
Read MoreAfter a brief pause during inauguration week, stocks continued to climb last week. The S&P 500 added 1.03%, the NASDAQ was up 1.90%, and the MSCI EAFE increased by 1.29%. The Dow also grew, adding 1.34%, ending the week above while...
Read MoreA new presidential era began last Friday with Donald Trump’s inauguration, and the market reaction was far more restrained than its response to his election. For weeks after the presidential election, we saw markets defy...
Read MoreTo say that 2017 has started differently than 2016 would be an understatement. This time last year, we ended the week with all three indexes dropping at least 5.96% on fears about China’s economy. The first trading week of 2017...
Read MoreLooking back on the final trading week of a very eventful year, we saw low volume and a break from the recent rallies for domestic indexes. While international stocks in the MSCI EAFE added 0.56%, all major U.S. indexes declined. The...
Read MoreAs 2016 draws to a close we thank you for continued trust and confidence. We wish you the very best in the new year and look forward to making 2017 a great year. In the last full trading week of 2016, domestic markets were relatively...
Read MoreLast week was mixed for the markets, as the Dow increased by 0.44%, while the S&P 500 lost 0.06%, the NASDAQ dropped 0.13%, and the MSCI EAFE gave back 0.55%. We also saw a variety of data released, giving a similarly mixed view of...
Read MoreAfter a three-week run where all major U.S. indexes posted significant gains, we saw more mixed results last week. The Dow was up 0.10%, but the S&P 500 lost 0.97% and the NASDAQ was down 2.65%. The MSCI EAFE’s measure of...
Read MoreDuring a week while many were thankful, the markets gave us much to be thankful for. Through the four-day trading week, the Dow gained 1.51%, the S&P 500 was up 1.44%, the NASDAQ added 1.45%, and the MSCI EAFE increased 1.26%. U.S....
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First, we hope you and your family have a wonderful Thanksgiving. We all have much to be thankful for! For the second straight week, the major domestic indexes all ended in positive territory: The S&P 500 was up 0.81%, the Dow...
Read MoreWe’re in the middle of an interesting moment for the markets, where short-term volatility and uncertainty might lead you to believe that the economy is faltering. After all, the major stock indexes lost ground last week, with...
Read MoreStocks experienced another volatile week with high daily swings in value. Despite the lingering uncertainty, stocks ended the week higher on the back of better-than-expected earnings reports and higher oil prices. For the week, the...
Read MoreAfter a volatile week, markets regained some steam, helped by a recovery in oil prices and some upbeat earnings reports. For the week, the S&P 500 gained 1.41%, the Dow grew 0.66%, and the NASDAQ added 2.29%.[1] Though the headwinds...
Read MoreStocks closed down again Friday ahead of the long holiday weekend after disappointing earnings, more China worries, and plunging oil prices added to fears about slowing global growth. For the week, the S&P 500 dropped 2.17%, the Dow...
Read MoreU.S. equities experienced a brutal tumble last week after more bad news emerged from China. For the week, the S&P 500 lost 5.96%, the Dow dropped 6.19%, and the NASDAQ fell 7.26%.[1] China's ongoing economic woes are causing major...
Read MoreNow that 2015 is in the rear-view mirror, let's take a look at some of the factors that influenced markets last year. Though markets closed essentially flat, it's important to realize what a small miracle that is, given the many...
Read MoreMarkets ended the holiday week on an upbeat note, giving stocks their best week since late November.[1] For the week, the S&P 500 gained 2.76%, the Dow Jones grew 2.47%, and the NASDAQ rose 2.55%.[2] On the economic front, final data...
Read MoreThey say a picture says a thousand words. So, the picture above pretty much sums up our markets right now. The bulls and bears seem to be at an impasse. They have been all year. There seems to be very little gas in the tank left to...
Read MoreMarkets ended a volatile week sharply down after oil hit near-seven-year lows and a major corporate merger highlighted global growth woes. For the week, the S&P 500 fell 3.79%, the Dow dropped 3.26%, and the NASDAQ lost 4.06%.[1]...
Read MoreMarkets shrugged off a volatile week Friday to close positive, buoyed by a strong jobs report and an easing of uncertainty around the Federal Reserve's next interest rate decision. For the week, the S&P 500 grew 0.08%, the Dow gained...
Read MoreStocks closed out the short week mixed on very low volume as investors stayed home for the holidays. For the week, the S&P 500 grew 0.04%, the Dow lost 0.14%, and the NASDAQ gained 0.44%.[1] The data we got last week suggests that the...
Read MoreThe major averages ended last week on a high note despite ongoing concerns about terrorism. Investors kept their cool and gave the S&P 500 its best week of the year.[1] For the week, the S&P 500 gained 3.27%, the Dow rose 3.35%, and...
Read MoreMarkets gave up gains last week and closed lower, ending the worst week since mid-August. Nerves about a possible December rate hike and faltering commodity prices contributed to selling pressure. For the week, the S&P 500 lost 3.63%,...
Read MoreMarkets ended last week on a high note, marking the sixth straight week of gains and the longest winning streak for the major averages since late 2014.[1] For the week, the S&P 500 grew 0.95%, the Dow gained 1.40%, and the NASDAQ grew...
Read MoreFacing down another government shutdown, the House and Senate passed a new budget deal last week that suspends the debt limit until 2017 and increases funding levels for a number of federal programs. President Obama is expected to...
Read MoreStocks rallied again last week on a strong Tech sector showing, bringing the S&P 500 back close to where it was before the dramatic drop in late August. At this level the market appears to be severely overbought and we expect at least...
Read MoreStocks ended last week on a strong note as markets increased on the possibility that the Fed won't raise rates this year. For the week, the S&P 500 gained 0.90%, the Dow grew 0.77%, and the NASDAQ rose 1.16%.[1]So far, earnings season...
Read MoreStocks ended last week on a strong note, regaining some lost ground and giving the S&P 500 its best week of the year. However, the major indices are still negative for the year and there is STRONG resistance overhead at 2050.Markets...
Read MoreStocks ended the final days of the third quarter on a positive note, even though stocks were still down for the quarter. For the week, the S&P 500 gained 1.04%, the Dow added 0.97%, and the NASDAQ grew 0.45%.[1]After hovering around...
Read MoreStocks continued their rollercoaster ride last week, dogged by worries from Washington and a plunge in biotechs that pushed the major indexes lower. For the week, the S&P 500 lost 1.36%, the Dow fell 0.43%, and the NASDAQ dropped 2.92%...
Read MoreUncertainty about the Federal Reserve's decision on interest rates weighed on markets last week, pushing the Dow and the S&P lower. For the week, the S&P 500 lost 0.15%, the Dow fell 0.29%, while the NASDAQ gained 0.10%.[1]On Thursday,...
Read MoreStocks rebounded during the holiday-shortened week as gains in overseas stock markets spurred buying activity, giving the Dow its best week since March. Despite the buying pressure, investors curbed their enthusiasm ahead of the...
Read MoreStocks slid after another turbulent week, buffeted by more worries about China. Investors chose to remain cautious ahead of the long Labor Day weekend and a raft of fresh data out of China. For the week, the S&P 500 lost 3.40%, the Dow...
Read MoreIt's hard to watch your portfolio value fluctuate, especially when the money involved represents a lifetime of hard work and a comfortable future. If you're at or nearing retirement, you might be feeling especially emotional about...
Read MoreU.S. stocks ended a defensive week in the red as investor sentiment deteriorated in the face of fresh worries out of China. For the week, the S&P 500 fell 5.77%, the Dow lost 5.82%, and the NASDAQ slid 6.78%.[1When markets take a dive,...
Read MoreDespite significant volatility, stocks ended last week higher after a finalized Greek bailout deal and some upbeat domestic economic data. For the week, the S&P 500 gained 0.67%, the Dow grew 0.60%, and the NASDAQ added 0.09%.[1]Greece...
Read MoreStocks gave in to gloom about low global oil prices and fell again last week, erasing the previous week's gains. For the week, the S&P 500 lost 1.25%, the Dow fell 1.79%, and the NASDAQ dropped 1.65%.[1]Domestically, the data looks...
Read MoreStocks snapped their losing streak and regained steam last week despite some soft data, posting weekly and monthly gains. For the week, the S&P 500 gained 1.16%, the Dow rose 0.69%, and the NASDAQ grew 0.78%.[1]July was a volatile...
Read MoreStocks were unable to maintain the momentum and gave up ground in another roller coaster week. Though earnings week marched onward, investors seemed more concerned about global growth and falling commodity prices. For the week, the S&P...
Read MoreStocks surged in an action-packed week, giving the NASDAQ two record closes in a row. For the week, the S&P 500 gained 2.41%, the Dow rose 1.84%, and the NASDAQ soared 4.25%.[1]Investors around the world breathed a sigh of relief when...
Read MoreMarkets finally broke the losing streak, closing up for the week as worries about Greece and China faded. For the week, the S&P 500 gained 0.88%, the Dow rose 1.11%, and the NASDAQ grew 0.69%.[1]Though a deal with Greece wasn't reached...
Read MoreMarkets lost ground again last week after Greece technically defaulted on loan payments and edged closer to an exit from the Euro. For the week, the S&P 500 dropped 1.29%, the Dow lost 1.24%, and the NASDAQ fell 1.92%.[1]What...
Read MoreMarkets lost ground last week, giving in to nerves about Greece and some early second-quarter earnings reports. For the week, the S&P 500 dropped 0.40%, the Dow fell 0.37%, and the NASDAQ lost 0.71%.[1]Crumbling Greek debt talks were...
Read MoreThe Federal Reserve wrapped up its June meeting on Wednesday surprising no one with the announcement that the central bank will keep rates at zero percent for a while longer. Though the Fed appears to be confident that the economy is...
Read MoreMarkets ended last week mixed, falling on Friday as concerns about the debt impasse in Greece outweighed upbeat domestic data. For the week, the S&P 500 gained 0.06%, the Dow grew 0.28%, and the NASDAQ fell 0.34%.[1]So, what's going on...
Read MoreMarkets ended lower last week as investors balanced an optimistic jobs report against renewed concerns about a Greek debt default. For the week, the S&P 500 lost 0.69%, the Dow fell 0.90%, and the NASDAQ slid 0.03%.[1]On Friday, we got...
Read MoreU.S. markets ended the week on a down note as investors struggled with weak economic data and concerns about Greek debt negotiations. However, markets were able to end the month of May in the black. For the week, the S&P 500 lost 0.88%...
Read MoreDespite flirting with new records, markets weren't able to hold on to gains last week and closed mixed after comments about interest rates were made by Federal Reserve Chair Janet Yellen. For the week, the S&P 500 gained 0.16%, the Dow...
Read MoreDespite flirting with new records, markets weren't able to hold on to gains last week and closed mixed after comments about interest rates were made by Federal Reserve Chair Janet Yellen. For the week, the S&P 500 gained 0.16%, the Dow...
Read MoreMonths of tepid economic data and flirtation with higher interest rates lead many to askWhat's going on with the economy, and how will it affect the Federal Reserve's interest rate decision?The Fed, which has kept interest rates low to...
Read MoreIn this week's commentary, we want to draw your attention to a significant market anniversary. Five years ago, on May 6, 2010, the U.S. stock market experienced a "flash crash" when the Dow Jones Industrial Average plummeted nearly 1...
Read MoreMarkets fell last week as investors digested lukewarm economic data and considered future economic growth prospects. However, stocks bounced back on Friday and trimmed their losses. For the week, the S&P 500 lost 0.44%, the Dow slid 0...
Read MoreMarkets rallied last week, lead by a surge in tech stocks that brought the NASDAQ and S&P 500 to new record closes. For the week, the S&P 500 gained 1.75%, the Dow grew 1.42%, and the NASDAQ added 3.25%.[1]After weeks of uncertainty,...
Read MoreEvents in China and Europe triggered a modest worldwide sell-off last week, and lackluster corporate earnings in the U.S. contributed to market doldrums. For the week, the S&P 500 fell 0.99%, while the Dow and the NASDAQ both lost 1...
Read MoreStocks ended the second week of the new quarter on a high note, giving the Dow its first close over 18,000 for the month. Investors took confidence from some major corporate deals as well as fresh data that suggests the economy is...
Read MoreAfter a volatile winter, stocks ended the quarter about where they started. Oil prices, a strong dollar, and concerns about interest rates contributed to the volatility and uncertainty remains as we enter the second quarter. For the...
Read MoreMarkets lost ground again last week, giving up most of the previous week's gains as investors tread water ahead of earnings season. For the week, the S&P 500 lost 2.23%, the Dow fell 2.29%, and the NASDAQ dropped 2.69%.[1]Though...
Read MoreMarkets finally snapped their three-week losing streak and rebounded as investors bought the dip and rallied after a Fed meeting. For the week, the S&P 500 gained 2.66%, the Dow rose 2.13%, and the NASDAQ added 3.17%.[1]The Federal...
Read MoreMarkets ended another week down after mixed economic data, lower oil prices, and a strengthening dollar made investors nervous ahead of the next Federal Reserve meeting. For the week, the S&P 500 lost 0.86%, the Dow fell 0.60%, and the...
Read MoreMarkets closed Friday with losses after a turbulent week as investors began to worry that strong labor market growth might signal rate hikes next quarter. For the week, the Dow fell 1.52%, the S&P 500 dropped 1.58%, and the NASDAQ lost...
Read MoreStocks ended the week mixed after losses related to a lower fourth-quarter Gross Domestic Product estimate. However, after a lackluster January, the major indices ended February on an upbeat note, with the S&P 500 posting a 5.5% gain...
Read MoreStocks rallied on the news that Greece reached a new deal with its creditors, sending the Dow and the S&P 500 to new record closes and bringing the Nasdaq close to its own record set in March 2000.[1] For the week, the S&P 500 gained 0...
Read MoreStocks ended another positive week at record highs, sending the Dow above 18,000 and the S&P 500 to a new record close. Investors reacted positively to firming oil prices and news of a possible peace deal in Ukraine. For the week, the...
Read MoreMarkets shook off losses last week and ended with strong weekly gains on the back of a positive January jobs report. For the week, the S&P 500 gained 3.03%, the Dow rose 3.84%, and the Nasdaq grew 2.36%.[1] January’s monthly Employment...
Read MoreMarkets were driven lower in another volatile week of trading, ending the first month of 2015 in the red. For the week, the S&P 500 lost 2.77%, the Dow fell 2.87%, and the Nasdaq dropped 2.58%.[1] One of the major contributors to the...
Read MoreMarkets ended the week in the black for the first time in 2015 on the back of major moves by multiple central banks. For the week, the S&P 500 gained 1.60%, the Dow grew 0.92%, and the Nasdaq added 2.66%.1 Central banks ruled market...
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