Investment Management

Welcome to the Oak Harvest Market Update and Recap for 8/30/2021! First of all, our thoughts and prayers go out to our family, friends, and neighbors in Louisiana who are feeling the brunt of a top 5 hurricane on record to hit North America, with sustained winds of over 150mph……

Welcome to the Oak Harvest Market update and recap for 8/23/2021! Domestic equity markets slipped during option expiration last week amid concerns over the Delta variant and mixed economic data. Intra-week the S&P 500 lost just under -3% into the Thursday morning pre-market session. Our view continues to be that…

Global equities were mostly stronger last week, with Europe led by Germany/DAX (+1.4%) and France/FTSE (+1.3%) seeing the biggest gain.  Here in the USA, with the S&P500 making another marginal new all-time high, the NASDAQ, technology heavy, (-0.1%) lagged. Financials (+1.3%) and consumer discretionary (+1.1%) led the way higher, while…

The S&P 500 rose +0.9% last week to take its 2021 return above 18% amid a solid earnings season and some negative calls for seasonal swoons. This morning oil prices have dropped below $66 on 1) hedge fund mispositioning, 2) global growth concerns due to the Delta variant, and 3)…

While dropping Friday and last week (-.4%), the S&P 500 and the Dow Jones 30 are heading into the August within 1% of their latest record high closes set last Monday. The tech heavy Nasdaq, which also fell Friday (on Amazons slower guidance) and last week, also remained just under 1% from last…

Equity markets fell for the first two days of the week amid spreading virus variants and concerns about the future path of global growth. The brief decline brought the bear calls out for a -10-20% forthcoming decline. Never mind that these strategists have been wrongly calling for this kind of…

U.S. equity futures are down this morning preopening, from -0.5/-.75% for the NASDAQ, -1.25% for the S&P500, -1.5% for the Dow, and -2% for the small cap Russell 2000. Concerns about U.S. and global economic growth are being stoked by rising COVID-19 cases due to the Delta variant. As one…

While global equities were mixed last week, the Technology heavy NASDAQ (+0.4%) and the S&P500 (+0.4%) rose to new all-time highs.  Japan/NIKKEI (-2.9%) and France/CAC40 (-0.4%) were global laggards. Overall, for the week, growth stocks outperformed value as the 10-year Treasury fell 6 bps, with the FAANGs returning 1.73% compared…

The S&P 500 rose 8.2% in Q2 and is up about 14.4% for the first half of 2021.  Tech led the second quarter after a sluggish Q1. The tech heavy Nasdaq jumped 9.5% in the second quarter and sits up about 12.5% year to date.  The more value biased Dow…

Oak Harvest has released our 2H2021 Market Outlook titled- “Let the Good Times Roll.” The Outlook can be read here: https://oakharvestfg.com/2021-second-half-market-outlook/ Further data detail and additional videos and podcasts on the material will be forthcoming. Our initial podcast release of the Outlook can be found here: https://oakharvestfg.com/stock-talk/let-the-good-times-roll-the-bull-market-marches-on-in-the-second-half-of-2021/ While mindful of…

Amongst the anticipated market weakness last week, the OHFG investment team released our 2H2021 Market Outlook titled “Let the Good Times Roll.” Further data, detail, additional videos, and podcasts on the material will be forthcoming. The initial abbreviated version can be found here. Equity markets dropped last week amid a…

Rotating: Growth upturn, transitory commodity inflation peak. The S&P 500 rose to a minor all-time high last week. It added 0.4% last week with healthcare and consumer discretionary sectors providing the biggest boost. Financials and materials lagged on the back of a flatter yield curve, a decline in commodity prices and…