9/11 Weekly Market Review

9/11 Weekly Market Review

Short-Term Summary:  This week, the S&P 500 has consolidated last week’s gains that took the index back above its 50 DMA. Although the index is within 1% of its all-time highs, there has been some volatility beneath the surface. For example, the insurance...
9/5 Weekly Market Review

9/5 Weekly Market Review

Short-Term Summary: Markets remained fairly sanguine over the last week, with U.S. equity indices largely ignoring high-profile headline events. The resumption of geopolitical concerns, after North Korea launched a missile over Japan and a spike of gasoline futures on...
8/28 Monday Morning Market Review

8/28 Monday Morning Market Review

Short-Term Summary: The S&P 500 was able to bounce back from heavy selling pressure last Thursday, but the index found resistance at its 50 day moving average (DMA) and remains just below that level. The increased volatility in equity markets has been a result of...
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...