Weekly Market Recap | June 18, 2024

Week in Review Equity Markets: The NASDAQ and S&P 500 continued their climbs to new record highs last week. The S&P 500 ended the week up 1.6% while the NASDAQ finished up by 3.3%. Large Cap Growth continues to outpace its value counterpart. The Russell 1000 Growth finished the week up 3.48% and the value index fell 1.11% as investors…

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Weekly Market Recap | June 10, 2024

Week in Review Equity Markets: The markets recovered from the small pullback that occurred the prior week. The S&P 500 ended the week up 1.36%. Large-cap growth significantly outperformed its value counterpart. The Russell 1000 Growth finished the week up 2.72% compared to the Russell 1000 Value Index ending down 0.82%1. Small caps also lagged the broader markets with the…

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Weekly Market Recap | May 21, 2024

Week in Review Equity Markets: Last week saw all major indices hit new record highs. On Wednesday, the S&P 500 reached 5,325 and the Dow topped the 40,000 level for the first time. The Russell 1000 Growth Index extended its year-to-date gain to 13.34%, well above its value counterpart’s return of 8.95%. Emerging markets were the top performer last week,…

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Weekly Market Recap | May 6, 2024

Week in Review Equity Markets: The S&P 500 extended its winning streak to two weeks following strong earnings reports and a moderating labor market. The S&P 500 finished the week up 0.56%. The style trend swung back to Large-Cap Growth last week. The Russell 1000 Growth finished the week up 1.02% while its value counterpart was essentially flat for the…

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Weekly Market Recap | April 29, 2024

Week in Review Equity Markets: The S&P 500 reversed the recent trend and finished the week positive for the first time in three weeks. The index finished up 2.68% behind strong tech earnings and a tech rally late in the week. The NASDAQ finished the week up 4.23%. The spread between large-cap growth and large-cap value remains but is narrowing….

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Elk Advisory Merges with Krilogy’s (K) Plans Employer-Sponsored Retirement Plans Advisory Firm

  (K) Plans, a d/b/a of Krilogy specializing in employer-sponsored retirement plans, has announced the addition of Elk Advisory Group. As a result of the merger, Matt Ott has been named President of (K) Plans, leading the team of advisors who manage $500 million in assets and serve 7,500 plan participants. (K) Plans was formed by Krilogy in 2022 to…

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Quarterly Market Newsletter | April 2024

Q1 2024 Review Following a year of narrow breadth in the market, where only a few companies in the S&P 500 drove the majority of the index’s return, the first quarter saw breadth expand. The S&P 500 finished the quarter up 10.56%, outpacing the NASDAQ’s 9.3% return[1]. The Russell 1000 Growth finished the quarter up 11.41%, continuing its leadership relative…

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Weekly Market Recap | April 8, 2024

Week in Review Equity Markets: The S&P 500 slowed in the first trading week of the new quarter. The index ended the week down 0.93% following a broad sell-off on Thursday. The Russell 1000 Growth fared better than its Value counterpart, ending the week only down 0.67% and 1.33% respectively1. A rally in commodities, specifically oil, which saw WTI Oil…

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Weekly Market Recap | April 1, 2024

Week in Review Equity Markets: The S&P 500 posted a modest gain of 0.4% for the week but closed the week at a new high of 5,254. The S&P finished the first quarter up 10.2%, its strongest first quarter performance since 20191. The style gap narrowed as the quarter went along. The Russell 1000 Growth finished the quarter up 11.41%…

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Weekly Market Recap | March 11, 2024

Week in Review Equity Markets: The S&P 500 finished the week fractionally lower at -0.23% as recent winners dragged the market lower. The Russell 1000 Growth finished the week down 1.27% while its value counterpart finished the week in the green by 1.12%1. Small caps also reversed the recent trend with the Russell 2000 finishing the week up 0.34%. 99%…

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