Weekly Market Recap | January 16, 2024

Week in Review Equity Markets: The markets recovered last week with the S&P 500 ending up 1.87%, bringing its year-to-date return back in the green by 0.34%. The Dow Jones and NASDAQ had a strong week as well but are still negative on the year by 0.21% and 0.24% respectively. The S&P 500 closed Friday 0.7% below its all-time high…

Read More→

Quarterly Market Newsletter | January 2024

Q4 2023 Review Going into the fourth quarter we made note of the low sentiment readings and fear in the market. We believed that a contrarian view was more than likely to play out due to these factors. The bearish sentiment led to a tough October for the stock market with the S&P 500 falling to 4,100. Treasury yields spiked…

Read More→

Weekly Market Recap | December 27, 2023

Week in Review Equity Markets: The S&P 500 finished last week up by 0.77%. This marks the eighth consecutive weekly gain for the index. This is the longest streak for the index since November 20171. The index closed the week only 1.3% from its intraday high of 4,818, nearly two years ago, on January 3, 2022. As we move into…

Read More→

Weekly Market Recap | December 4, 2023

Week in Review Equity Markets: The S&P 500 notched its fifth consecutive positive week in a row, ending up 0.8%. This brings its year-to-date return to 21.5%. A slight style shift has started to occur over the past couple of weeks. Large Cap Value has started to build momentum, leading its Growth counterpart last week with a return of 2%…

Read More→

Weekly Market Recap | November 27, 2023

Week in Review Equity Markets: The major indices rose for the fourth week in a row. The S&P 500 finished the holiday-shortened week up 1.02%.  The equity market broadened out last week with all market capitalization and styles finishing the week in the green. The Russell 1000 Growth slightly outperformed its Value counterparty by 0.02% with a weekly return of…

Read More→

Weekly Market Recap | November 13, 2023

Week in Review Equity Markets The S&P 500 continued its rally from the prior week and finished in the green, up 1.4% for the week. The NASDAQ led the way finishing up 2.4%. The Russell 1000 Growth Index rose 3.02% last week, widening its year-to-date spread relative to its value counterpart to 31.68%1. The Russell 1000 Growth is up 32.46%…

Read More→

Weekly Market Recap | November 7, 2023

Week in Review Equity Markets: October marked the third consecutive month of declines, but strong economic data, slowing labor market numbers, and the pause by the Fed fueled a strong rally to start the month of November. The S&P 500 moved out of correction territory and ended the week up 5.9%. All major markets were in the green, but the…

Read More→

Weekly Market Recap | October 30, 2023

Week in Review Equity Markets: The markets experienced significant drawdowns last week. The S&P 500 fell 2.5% and closed in correction territory. Down 10.6% from the recent July high of 4,607. The NASDAQ fell 2.6% and the Dow was down 2.1% for the week. Large Cap Value is negative on the year by 3.66%, significantly behind Large Cap Growth’s year-to-date…

Read More→

Weekly Market Recap | October 23, 2023

Week in Review Equity Markets: Following a string of two weekly gains, the S&P 500 fell 2.38% last week. The NASDAQ fell 3.16% as yields jumped; the Dow was down 1.57% as investors abandoned high-growth sectors and flocked to value-oriented ones. Large-Cap Growth was 2.9% for the week while Large-Cap Value finished the week down 1.8%1. The earnings landscape has…

Read More→

Weekly Market Recap | October 16, 2023

Week in Review Equity Markets: The markets finished the week mixed with the S&P 500 and Dow Jones up slightly while the NASDAQ finished slightly in the red. The large disparity in year-to-date returns amongst various equity styles, market capitalizations, and geography are eye-opening. Much of the year-to-date rally has been due to only a handful of the largest companies…

Read More→