September lived up to its reputation as a tough month for stocks with the S&P 500 ending the month down -3.9%, the Dow Jones Industrial Average falling -2.3%, and the…
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An old market adage ahead of the Jewish holidays is “Sell Rosh Hashanah, Buy Yom Kippur” (Yom Kippur is this weekend) and this certainly appears to have applied in 2020,…
The S&P 500 finished the week down about -0.6% and rather remarkably, this marked the first 3 weeks of consecutive losses for the S&P 500 in 2020. However, despite the…
The S&P 500 put in its first back-to-back weeks of losses since April as the FAANGs (Facebook, Amazon, Apple, Netflix, and Alphabet/Google) and technology sector continued to give back some…
Some Pullback Can be Healthy After rising 7% in August and enjoying a fifth straight month of gains, the S&P 500 limped into the long weekend, as the year’s best…
Fed Policy Shift Yesterday, Federal Reserve Chair Jerome Powell spoke at the annual Economic Symposium in Jackson Hole and unveiled a landmark policy shift away from targeting 2% inflation towards…
Home Sales Rebound The housing market, to the surprise of many, has rebounded quite robustly from the lows of March and April and this morning’s existing home sales report for…
Can Market Returns Predict Presidential Elections? We are now within three months of the November 3rd presidential election and want to point out an interesting correlation between historical S&P 500 returns…
STOCKS UNDETERRED BY Q2 EARNINGS CONTRACTION Entering May, we suspected that an abysmal second quarter would largely be a “throw away” one in the eyes of investors, and with second…
Fifth Coronavirus Relief Package Stalled Very few signs of progress between the White House and congressional Democrats on new legislation to bridge the looming expirations of unemployment benefits and eviction…
