8/21 Monday Morning Market Review

8/21 Monday Morning Market Review

Short-Term Summary: After only having four 1% daily changes in the first seven months of the year, there have now been three in the past week. Two of these days were on the downside. With a strong 2Q17 earnings season ending, the seasonally weak period of the year...
8/14 Monday Morning Market Review

8/14 Monday Morning Market Review

U.S. equities rallied Friday, closing narrowly higher, in a partial reversal of yesterday’s sharp declines. At the sector level, bond proxies lagged while Technology and Consumer Discretionary were standouts to the upside. Tensions between the U.S. and North Korea...
8/7 Monday Morning Market Review

8/7 Monday Morning Market Review

The S&P 500 continues to grind higher, due a strong 2Q earnings season that has surprised on the upside.  With 80% of S&P 500 companies having reported results up to this point, S&P 500 2Q earnings are now expected to grow by 10.2% for the quarter versus...
7/31 Monday Morning Market Review

7/31 Monday Morning Market Review

It was another fascinating week and something to which we have almost become accustomed.  Not only did the NASDAQ ($NDX), Dow ($DJI), and S&P500 ($SPX) hit new all-time highs, but there was plenty of political news as well.  First, we saw Sean Spicer, White House...
7/24 Monday Morning Market Review

7/24 Monday Morning Market Review

It was another exciting week in the markets with the S&P500 ($SPX) advancing a little more than 0.50% by the close of trading on Friday, hitting new all-time highs for the fourth time in the last 10 days of market activity.  This pushes the stock index’s...