Weekly Update
Small Caps Join the Party
It took nearly 15 months, but the Russell 2000 Index finally broke out to a new 52-week high. On November 25, the Russell 2000 gained an impressive 2.1% to close at its highest level since October 2018. Small caps have lagged their larger counterparts for much of this year, and the Russell 2000 is still…
Read MoreThree Amazing Streaks
“We’re going streaking!” Frank The Tank in Old School As the bull market continues to make new highs, the past few weeks have seen some amazing market streaks. Here are three that have caught our attention. The S&P 500 Index hasn’t had back to back losses for 29 consecutive days. As the LPL Chart of the…
Read MoreBulls Stay in Motion
“An object in motion tends to remain in motion along a straight line unless acted upon by an outside force.” Sir Isaac Newton What a year it has been for the bulls. The S&P 500 Index recently made four more new highs, and it’s up more than 20% for the year (as of Nov. 4).…
Read MoreMay Ends with a Retreat
Weekly Update – June 3, 2019 The Week on Wall StreetStocks struggled during a 4-day market week as the U.S.-China trade standoff continued to weigh on the minds of market participants. From the Friday, May 24 close to the Friday, May 31 close, the S&P 500 retreated 2.62%; the Nasdaq Composite, 2.41%; the Dow Jones…
Read MoreStocks Post Small Weekly Gains
Weekly Update – February 11, 2019 The Week on Wall Street Major U.S. stock benchmarks eked out slight gains last week, with corporate profit reports and news about U.S.-China trade negotiations vying for investor attention over five trading sessions. The big three ended the week little changed from where they settled the previous Friday. The…
Read MoreStocks Muted, Big Week Ahead
Weekly Update – January 28, 2019 For the first time in months, U.S. markets experienced little movement last week. [1] The Dow and NASDAQ did have their 5th week of gains in a row, but their increases were small: 0.12% and 0.11%, respectively. Meanwhile, the S&P 500 broke its 4-week winning streak with a 0.22% loss. [2] Internationally, the…
Read MoreMarkets Relax and Rally
Weekly Update – January 14, 2019 After months of volatility, markets relaxed a bit last week. For the first time since October, the S&P 500 went 5 days without a 1% gain or loss. [1] The Cboe Volatility Index, or VIX, also fell to lower than 20 – in December, it spiked above 35. [2] For the week,…
Read MoreMarkets Up – And Volatile
Weekly Update – January 7, 2019 U.S. markets experienced more wild sessions last week before ending in positive territory as the recent turbulence continued. In fact, we are currently in the middle of some of the most volatile market performance in more than eight years. [1] For the week, the S&P 500 gained 1.86%, the Dow added…
Read MoreYear-End Special Edition: A Look Back at 2018
Weekly Update – December 31, 2018 The close of the year provides an opportunity for investors to step back and consider the wider financial landscape. This week, we’re reviewing some key issues that defined 2018, as well as some factors that may influence financial markets in the coming year. Year in Review Wall Street began…
Read MoreVolatility Continues
Weekly Update – December 10, 2018 Markets went for another wild ride last week, as major domestic indexes swung back and forth. By Friday, December 7, markets had posted their worst weekly performance since March – and the S&P 500 and Dow both moved into negative territory for 2018.[1] Overall, the S&P 500 lost 4.60%,…
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