Weekly Market Recap | January 3, 2023

Week in Review Equity Markets: The final trading day for 2022 is in and the S&P 500 had a price return of -19.4%. After posting two monthly gains in a row, major indices ended the final month on a weaker note. The style shift that dominated the year held true in December with the Dow ending down 4% while the…

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Weekly Market Recap | December 27, 2022

Week in Review Equity Markets: The equity market saw mixed results last week. Value names led the way upward while growth companies lagged. The S&P 500 ended the week down 0.2%. The S&P 500 sits ~20% below its all-time high, which is nearly a full year ago. If there is not a strong rally in the upcoming week, this will…

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Weekly Market Recap | December 19, 2022

Week in Review Equity Markets: The S&P 500 ended the week down 2% after a strong start. The market rallied on the softer-than-expected CPI report Tuesday and hoped this would lead the Fed to make a dovish pivot. The optimism was squashed following the press conference with Fed Chairman Jerome Powell. The hopes of a less aggressive rate policy shifted…

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Weekly Market Recap | December 12, 2022

Week in Review Equity Markets: The S&P 500 snapped a two-week winning streak last week, ending the week down 3.4%. The majority of the loss occurred on Friday. The drawdown was a reaction to mixed inflation data and concerns that it could impact monetary policy. The market rallied nearly 12% off the October lows and gained steam in recent weeks…

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Weekly Market Recap | November 28, 2022

Week in Review Equity Markets: The S&P 500 finished the holiday-shortened week up 1.5%. The S&P has rallied nearly 12% from its mid-October low. The rally last week was supported by the Fed minutes that indicated the Fed could begin to slow the pace of rate hikes sooner rather than later. Fixed Income Markets: The headline event for the week…

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Weekly Market Recap | November 21, 2022

Week in Review Equity Markets: The S&P 500 ended the week nearly flat at -0.7%. The market could not keep the momentum from the previous week. There are two major factors of concern: deteriorating economic numbers, and uncertainty regarding the pace of future rate hikes. 94% of S&P 500 companies have reported earnings. 69% have beaten earnings expectations and 71%…

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Weekly Market Recap | November 14, 2022

Week in Review Equity Markets: The S&P 500 rallied on the slowing October CPI report. The S&P spiked on Thursday, ending the day up over 5%, and the week up over 5.9%. The markets bounced on the anticipation that the Fed could slow the pace of the rate hikes. The sooner the Fed signals the end of the rate hiking…

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Krilogy® Adds Jamie Saettele to the Firm as Director of Technical Research

New position adds a unique, dynamic perspective to Krilogy’s investment platform Krilogy® a St. Louis-based wealth management firm with nearly $2 billion in assets, has added Jamie Saettele in the new position of Director of Technical Research. In finance, technical research is the study of market action and pricing trends. Recognizing that there are historic patterns in market trading, technical…

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Weekly Market Recap | November 7, 2022

Week in Review Equity Markets: 85% of S&P 500 companies have reported earnings so far. 70% of companies have beaten earnings expectations and 71% have beaten analysts’ revenue expectations, according to FactSet. The blended earnings growth rate is 2.2%, which combines reported earnings and uses the estimates for any companies that have not yet reported. Earnings are better than feared,…

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Weekly Market Recap | October 31, 2022

Week in Review Equity Markets: The S&P rallied this week, despite some disappointing earnings reports from major tech companies. The S&P ended the week up 4%. The Dow Jones outperformed the other major indices following strong earnings from the energy and industrials sectors and ended the week up by 5.7% We are in the heart of earnings season. So far,…

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