Market Commentary, 1/2/19

While some traders took the holiday week off, there was no shortage of action. Stocks made huge swings—mostly on the upside—as the Dow climbed 2.7%, the S&P 500 was up 2.9%, and the Nasdaq gained 4% last week, easing some of the pain from the previous week’s losses. Thursday’s 1.1% gain ...
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Market Commentary, 12/28/18

Greetings: A rocky start on Christmas Eve brought the Dow below 22,000, but the stock market responded with a significant jump on Wednesday. The S&P was up 4.96% and the Dow gained 1,086 points, the largest point gain in Dow history, to close the day up 4.98%. The volatility continued yesterday ...
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Market Commentary, 12/18/18

Last week stocks seemed to be on the way to recovering from the prior week’s steep decline (the Dow was down 5.4% for the week ending 12/07/18) … at the close last Thursday (12/13/18) the Dow was up 236.4 (1.0%) for the week even though it had started weakening Thursday afternoon. Then, on F...
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Market Commentary, 12/11/18

Last week saw the largest one-week decline in nine months with all three indices off just under five percent. Much of the week’s decline came on Tuesday, with each of the major indices down more than three percent. Yesterday (12/10/18) the Dow dropped briefly into Correction Territory over ongoing...
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Market Commentary, 12/04/18

Greetings: The US stock market rebounded last week to close broadly higher, with the Dow up 5.2%, the S&P 500 gaining 4.8%, and the Nasdaq increasing 5.6%. These gains were more than enough to recover the steep loses that were posted in the prior weeks. On the heels of the stock markets’ worst...
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