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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Market Commentary, 11/26/18

For the second week in a row stocks were hit hard on Monday and Tuesday, leading stocks broadly lower. The Dow finished the week down 4.4%, the S&P 500 fell 3.8%, and the Nasdaq closed down 4.3%. Growing controversy over US-Saudi Arabian relations caused crude oil prices to fall 11% last week, m...
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Market Commentary, 11/20/18

Stocks couldn’t maintain their positive momentum and ended the week with the S&P 500 falling 1.6%, the Dow down 2.2%, and the Nasdaq off 2.1%. The S&P 500 Index remained close to its level at the start of November but was nearly 7% below its record high reached in September. The S&P 50...
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Market Commentary, 11/12/18

Last week the Dow was up 718 points for a 2.8% gain, the S&P 500 closed up 2.1% and the Nasdaq was + 0.7%. The Dow and S&P 500 exceeded 2% gains for the second week in a row and recovered much of the October decline. As has often been the case with midterm elections, […]...
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