Category: Weekly Investment Update

After a rocky start to the week which we were told was due to the waning likelihood of a phase one agreement in the trade talks with China, the markets rebounded to finish higher. The economic news was flat to negative early in the week, but the Department of Labor’s jobs report surprised everyone Friday […]

Stocks, as measured by the S&P 500 Index, continued to show strength last week, moving to another new high and closing the week up another 0.99%. Treasury yields were little changed with the 10-Year finishing the week at 1.78%. Versus one year ago, the S&P 500 is up 13.8% and the 10-Year Treasury yield is […]

After six straight weeks of gains, which saw the S&P 500 Index rise over 7.25% to a new all-time high of 3,122.03, the equity markets stabilized last week, finishing a fraction lower for the week at 3,110.29. Interest rates have remained stable with the 2-Year Treasury yielding 1.62% and the 10-Year Treasury at 1.77%. The […]

The S&P 500 Index moved higher for the sixth straight week closing at a new milestone high of 3,120.46. The NASDAQ Index and Dow Jones Industrial averages also moved to new all-time highs. The mood has been positive as signals of a phase one, U.S.-China trade agreement is likely before December 15th when barring an […]

The S&P 500 closed at 3,066.91, the second consecutive weekly new high and a gain of 11.92% from the year-ago level. Treasury yields were lower with the 2-year finishing the week at 1.55%, down 7 basis points. The 10-year yield dipped a similar amount and closed with a yield of 1.73%. The backdrop has been […]

We are having a better October than last year when the S&P 500 was beginning its fourth quarter correction. With four trading days to go, this October finds the index up 1.50% compared to the 7.0% decline we experienced in October 2018. Corporate earnings have been mixed but are in no way signaling the beginning […]

From the bad news sells category comes the questionable headline of the week: There’s a more than 25% risk of a US recession in the next year. I have little argument with the facts behind the headline above. I do disagree with the way those facts were announced, considering the same information could have been […]

After three weeks of declines, the S&P 500 rose 0.62% last week leaving the index roughly unchanged for the quarter. Weakness early in the week disappeared on Friday as news of a partial agreement in the trade negotiations between the United States and China began to circulate. Details have not been made clear other than […]

After moving lower, down 5.00% or more intraday Wednesday, stocks rebounded in the last half of the week to finish the week mixed. The DJ Industrial Average ended the week down 0.92%, the S&P 500 finished 0.33% lower and the NASDAQ was up with a gain of 0.54%. Interest rates edged lower throughout the week, […]

Last week’s economic news continued to signal the expansion is continuing although at a slightly slower pace than was experienced in the quarters from Q3 2017 through Q3 2018. The slowing trend experienced over the last three quarters is not expected to stabilize in the two percent growth range for the foreseeable future. S&P 500 […]