Skip to content

Investment Management

Weekly Market Updates

11.11.2019 – Veteran’s Day: Thank You to All Who Served!

November 11, 2019

by Chris Perras, CIO. On this Monday, first and foremost, thank you to everyone who is and who has ever served in our military to defend our freedoms and this country.  Many thanks and blessings! Equity markets rose last week. The U.S. markets pushed to new record highs. The S&P rose 0.9% to approximately 3095. …

11.04.2019 – Opinion: Goldilocks Means More Highs Ahead

November 4, 2019

Last week’s combination of monetary policy announcements, conservative investor positioning, and better economic data pushed the S&P 500 to close at a new closing all-time high of about 3065.  People have been caught playing defense for too long.  There are many more new “All-time highs ahead” throughout into mid-1st quarter 2020. Please review our 1st…

10.28.2019 – Goldilocks: “Rates Up, Stocks Up”

October 28, 2019

By Chris Perras, CIO The S&P500 is close to a new closing all-time high of about 3025.  The financial press, while negative throughout most of this year, is starting to salivate at the green on the screen.  Contrary to most people’s expectations of how different this year would be and how “this is never happened…

10.23.2019 – What does Goldilocks for stocks look like?

October 23, 2019

By Chris Perras, CIO. The SP500 sits almost squarely at 3000 much to the chagrin of most investors and certainly the financial press and news networks.  The 3rd quarter earnings season got off to a solid start last week, with a most big names topping expectations, JP Morgan, Johnson and Johnson, and SAP Software. The…

10.14.2019 – “If it’s Legit…it’s back to ‘buy the dip'”

October 14, 2019

By Chris Perras, CIO. After a bad start to the week, the S&P 500 rose 0.6% within a trading range that was 3.5%.  I remind readers that volatility increases at turns in the market, both positive and negative. Equity markets rebounded sharply late last week on the back three developments. China-U.S. trade talks took an…

10.07.2019 – Market Update

October 7, 2019

By Chris Perras, CIO. Global equity markets were mostly lower last week, with the Nasdaq one of the only markets up 0.5% on the back of positive news of demand for new Apple phones. Equity markets were down on the week before a big Friday rally as slower U.S. economic data reignited recession fears. The…

09.30.2019 – Fiscal Year End: Institutional Managers

September 30, 2019

By Chris Perras, CIO. The S&P 500 dropped 1.1% last week on the back of the House of Representative led impeachment inquiry into President Trumps call with Ukrainian leaders.  Early Friday, the White House said that they are thinking of ways to limit investor flow into Chinese firms, starting with delisting China’s companies from U.S.…

09.23.2019 – Market Update

September 23, 2019

By Chris Perras, CIO. The S&P 500 dipped 0.5% on the week all of which came late Friday afternoon on the back of the cancellation in a Chinese delegation “farm field trip in the Midwest”.  The Federal Reserve cut interest rates and the U.S. data flow continues to improve.  The financial news largely ignores the…

09.16.2019 – Short Term Peak into the “Deadzone”

September 16, 2019

By Chris Perras, CIO. The S&P 500 rose 1.0% last week and sits close to a new all-time high.  The Dow, which is heavier cyclical and financial exposure, gained 1.6%, and the Nasdaq ended 0.9% higher. Last week was the third week of gains and lower volatility as U.S./China trade tensions showed signs of easing…

09.09.2019 – Market Update

September 9, 2019

By Chris Perras, CIO. After rallying back to 2975 last week, U.S. equity futures are up this morning.  Markets rallied last week on the hope of policy stimulus which in turn caused long term interest rates to rise. Remember, contrary to the constant financial news drone of lower long-term rates being good, the overall US…