Latest News

DJIA Hits New YTD Low

September 25, 2022

We have we seen this movie before. For the past 4 out of 5 weeks, the major US stock market indices were down again.

Recession Concerns Pressure Markets

September 18, 2022

As of Friday’s close, we hang slightly above the June lows for the year. The concern about recession seems to be the main theme from many market analysts.

Mysterious Market Rebound

September 11, 2022

After three weeks of losses, the US stock market indices finally posted gains. “What caused it?” you might ask. Maybe the law of averages? But truly the catalyst is nowhere to be found!

Fed Comments Spook Markets

August 28, 2022

We now have two straight weeks of negative returns in the major US stock market indices, and it was a doozy, especially on Friday! Federal Reserve Chairman Jerome Powell made perfectly clear his intention to beat inflation. In no uncertain terms, that means raising interest rates higher for longer to slow down economic growth.

After Four Weeks, Markets Reverse

August 21, 2022

Sooner or later, after four weeks of gains in the S&P 500, we experienced negative returns in all three of the major US stock market indices. It appears that rising interest rates (and bond yields) may push down stocks.

Major US Stock Indices Recover 20-50% From June Lows

August 14, 2022

All three of the major US stock indices posted gains for the week with the S&P 500 having advanced four weeks in a row! Even the year-to-date returns, though still off, have recovered about 20-50% from the June lows.

“Two Out of Three Ain’t Bad!”

August 7, 2022

How does the song go? “Two Out of Three Ain’t Bad!” That’s what happened last week as the major US stock market indices posted gains in the S&P 500 and Nasdaq but a slight loss in the DJIA.

July 2022 = Best Month Since 2020!

July 31, 2022

Last week produced winners in the US stock market as all three major indices enjoyed gains. In fact, July posted the best month since 2020!

Wait, The Market Was Up This Week?

July 24, 2022

Have you ever had one of those weeks when things didn’t seem to go very well but, on the whole, they actually did? Maybe the summer malaise has set in cause that’s what happened to the US stock market indices with all three posting gains.

Rising Rates Drive Market Retreat

July 17, 2022

There is an age-old adage that Dr. Marty Zweig coined. Whether interest rates are going up or down, “don’t fight the Fed”! For the past 40 years, interest rates primarily went down and stayed there. Recently, as we all know, interest rates have begun to rise.