Latest News

Multiple factors push market upward

July 16, 2023

All three major US stock market indices produced nice gains for the week. Which factors are driving this market upward? Inflation and unemployment are two of them.

Fireworks Fizzled in the Markets This Week

July 9, 2023

The five-day workweek reverted to four days with the July 4th holiday. The US stock market indices certainly didn’t launch any fireworks with all three posting losses.

Mega Tech Breaks Stock Market Streak

June 25, 2023

After five straight weeks of gains for the S&P 500 and eight for the Nasdaq, all three major US stock market indices lost ground this past week. Those seven high-flying tech stocks—AAPL, MSFT, GOOGL, AMZN, NVDA, TSLA, and META—were the main culprits.

Markets Sustain Upward Momentum as Fed Pauses

June 18, 2023

The Federal Reserve’s rising interest rate policy may have paused this week, but stock market momentum continued its upward ascent! All three major US stock market indices posted gains for the week with the S&P 500 having its 5th consecutive weekly gain.

By a Whisker

June 11, 2023

All three major US stock market indices posted gains by a whisker last week. The US stock market seems sanguine now that the debt ceiling issue has been resolved. What should we worry about next?

Good News, Bad News

June 4, 2023

As is the case in much of life, there is good news, and there is bad news. On the positive front, the debt ceiling deal, employment data, and inflation data supported the markets this week. But we’re still far from the Fed’s 2% inflation target, which may lead to some policy action. The market impact is to be determined.

Stocks Rise Albeit With Narrow Breadth

May 21, 2023

This past week’s results were not mixed as they have been lately. All three major US stock market indices posted positive returns this week albeit with narrow breadth concentrated in five big tech names: Apple, Microsoft, Alphabet/Google, Nvidia, and Amazon.

Stocks Mixed as Concerns Abound

May 14, 2023

The S&P 500 has moved less than +/- 1% for six straight weeks! Concerns abound; in no particular order, they include the debt ceiling, persistent inflation, banking woes, and recession fears. We’ll leave it to you to decide which causes the most angst!

“We can never know about the days to come. But we think about them anyway.”

May 7, 2023

Carly Simon’s song, “Anticipation,” is a great metaphor for what occurred this week with the Fed’s announcement of a 0.25% increase in interest rates and the subsequent market reaction.

Trading sideways ahead of Fed meeting

April 30, 2023

Slowly, oh so slowly, the three major US stock market indices keep marching upwards. Since the January breakout rally, the US indices have trended sideways for the most part.