Market Commentary 05/09/19

The market was flat last week following April’s 3.9% rise in the S&P 500, bringing the four month total to 17.5%. The Dow finished the month up 2.6% and the Nasdaq added 4.7%. The Fed announced that they are going to remain patient, as expected, and kept the interest rates unchanged. They dism...
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Market Commentary, 04/29/19

After staying just below record highs for the last two weeks, the S&P 500 and the NASDAQ finally broke through on Tuesday to eclipse records set seven months earlier, finishing the week +1.2% and +1.8%, respectively. The Dow, however, fell 16 points (0.06%) for the week and remained around 1% be...
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Market Commentary, 04/22/19

For the second week in a row stocks changed little overall, with the Dow finishing the week +0.6%, the Nasdaq +0.2%, and the S&P 500 -0.1%. On a positive note, stock market volatility has declined to its lowest level in six months according to the Cboe Volatility Index, a gauge that measures inv...
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Market Commentary, 04/15/19

Stocks were slightly negative Monday through Thursday, but rallied on Friday to make up for the early week declines, with the S&P finishing the week +0.5%, the Nasdaq +0.6%, and the Dow down just 13 points. For the first time in 50 years, the number of claims for first-time unemployment benefits...
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Market Commentary, 04/08/19

Stocks climbed throughout the week, with the Dow +1.9%, the S&P +2.1%, and the Nasdaq +2.7%. The S&P 500 finished the week with its seventh daily gain in a row. The rally that started in late December has returned stocks close to the record heights reached more than six months ago. As of Fri...
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