US stock market stuns!
December 17, 2023
WOW! What a week in the US stock market! All three major US stock market indices posted incredible gains.
US stock market stuns!
Ho-Hum, Ho-Hum, Ho-Hum
Ho-Hum, Ho-Hum, Ho-Hum
December 10, 2023
All three major US stock market indices didn’t even break 1% combined this week. In fact, the indices haven’t moved much over the past three weeks. What’s going on?
Market Participation Broadens Beyond “Magnificent 7”
Market Participation Broadens Beyond “Magnificent 7”
December 3, 2023
Even after the Thanksgiving break, the three major US stock market indices continued to rise. The difference in the recent rally has been broader participation from companies outside the “Magnificent 7” tech stocks.
3-for-3 for 3 Weeks
3-for-3 for 3 Weeks
November 19, 2023
It is now three weeks in a row that the three major US stock market indices produced gains. In fact, this recent string marked the largest gains over a three-week stretch since 2020!
Two-Week Win Streak for Stocks
Two-Week Win Streak for Stocks
November 12, 2023
For the second week in a row, the three major US stock market indices posted gains. However, in the words of our esteemed business manager, “two data points don’t make a trend!”
Stocks Post Largest Weekly Gain of 2023
Stocks Post Largest Weekly Gain of 2023
November 5, 2023
After generating losses the past couple weeks, the three major US stock market indices posted their largest weekly gains of 2023. Lower yields may have fueled higher stock prices this week.
Good News May Mean Bad News
Good News May Mean Bad News
October 29, 2023
The good news is that the economy continues to rock on. The bad news is that the Fed’s resolve may still be to slow economic growth and rein in inflation towards their 2% target.
Rising Rates Strike Investor Nerves
Rising Rates Strike Investor Nerves
October 22, 2023
Interest rates have hit or exceeded 5% for US Treasuries spanning 6-month to 10-year maturities. This has struck investors’ nerves. All three major US stock market indices posted losses for the week.
Prayers
Prayers
October 15, 2023
The conundrum remains if the Federal Reserve will raise their Fed Funds rate at the November 1st meeting. That is likely one major reason for recent stock market volatility as the benchmark 10-year US Treasury rate marches towards 5%.
S&P 500 Snaps Losing Streak but Volatility Persists
S&P 500 Snaps Losing Streak but Volatility Persists
October 8, 2023
The conundrum remains if the Federal Reserve will raise their Fed Funds rate at the November 1st meeting. That is likely one major reason for recent stock market volatility as the benchmark 10-year US Treasury rate marches towards 5%.