10/23 Weekly Market Review

10/23 Weekly Market Review

Short-term Summary:  The S&P 500 continued its steady advance higher over the past week, as 3Q earnings season kicked off and tax policy remains at the forefront of the Congressional agenda. The Senate is expected to vote on the budget today, which will let the...
10/16 Weekly Market Review

10/16 Weekly Market Review

Short-term Summary:  Following its break out to new highs on September 11, the S&P 500 has made 13 new closing highs over the past month in what has been a fairly steady climb higher. Over the past week, the index has basically moved sideways; and in the process,...
10/9 Weekly Market Review

10/9 Weekly Market Review

Short-term Summary Over the past week, all major indexes (S&P 500, Dow Jones Industrial Average, S&P Mid Cap 400, S&P Small Cap 600, Nasdaq Composite, and Russell 2000) were able to break out to new highs. The S&P 500 gained 1.7% during the week and is...
10/2 Weekly Market Review

10/2 Weekly Market Review

Short-term Summary: The S&P 500 has sustained its recent strength, fueled this week by the “Big Six” tax proposal.  Some of the high points include a proposed 20% corporate tax rate (from 35%), one-time/low repatriation tax, near doubling of the standard deduction...
9/25 Weekly Market Review

9/25 Weekly Market Review

Short Term Summary: The S&P 500 has been able to hold, and build slightly, from its break out to new highs on September 11th. Although the index has not moved much over the past week, there has been some sector rotation taking place beneath the surface. The...
9/18 Weekly Market Review

9/18 Weekly Market Review

Short-Term Summary: The S&P 500 was able to break out to new highs again over the past week, as did the Dow Jones Industrial Average and Nasdaq Composite. The S&P 500 Equal weight index and Russell 2000 have yet to follow suit, and will continue to be...