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Weekly Market Updates

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Weekly Market Update with Chris Perras. Weekend Update 1/27/2025

Weekend Update, January 27th, 2025

Index, Sector & Asset Performance In a holiday shortened week due to the MLK holiday, the S&P 500 index rose +1.7% last week, boosted by better-than-expected quarterly results by bank stocks and hope that the Trump administration will reduce regulations and taxes. The S&P 500 ended the week at 6,101….

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Weekend Update, January 20th, 2025

Index, Sector & Asset Performance US stock markets rallied last week on 1- weaker than expected inflation data and 2- good to stable other economic data. The makings of a “soft landing” for the economy stocks continue. Against the ongoing doomer calls for crashes for the last 2 years plus,…

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Weekly Market Update with Chris Perras. 1/13/2025

Weekend Update, January 13th, 2025

Index, Sector & Asset Performance Global stocks declined last week on the back of a stronger than expected BLS jobs number leading to 1- a stronger dollar and 2-higher Treasury yields with the 10-year Treasury interest rate up +16bps on the week to 4.76%. The S&P 500 finished the week…

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Weekly Market Update with Chris Perras. Weekend Update 1/6/2024

Weekend Update, January 6th, 2025

Index, Sector & Asset Performance While stocks declined 3 of the last 4 weeks of 2024, the S&P500 ended 2024 posting its second straight +25% annual gain including dividends for the first time since the 1995-2000 period. The Mag 7 (now the Mag 8 with Broadcom) gained almost +50% and…

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Weekend Update, December 30th, 2024

Index, Sector & Asset Performance Even with a late-week selloff last Friday (S&P500, Nasdaq, and Russell 2000 all dropping over -1%), the S&P500 index closed the week up +0.7%. While the Santa Claus Rally kicked off Christmas Eve, with the S&P 500 gaining +1.1%, the Dow up almost +1%, and…

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Weekend Update, December 23rd, 2024

Index, Sector & Asset Performance The post Presidential election rally in the S&P500 ended abruptly last week, squashed by Fed Chairmen Jerome Powell’s more hawkish 2025 outlook for the Federal Reserve Open Market Committee. Prior to a big Friday rebound, the value tilted Dow 30 logged a 10-day consecutive decline,…

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Weekly Market Update with Chris Perras. Weekend Update 12/16/2024

Weekend Update, December 16th, 2024

Index, Sector & Asset Performance US stocks enter their last full week of trading for 2024 on a minor daily losing streak that many in the financial media as touting as hiding historically bad breadth in the indexes. Our suggestion is to continue to ignore those doubting Thomas calls for…

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Weekly Market Update with Chris Perras. Weekend Update 12/9/2024

Weekend Update, December 9th, 2024

Index, Sector & Asset Performance US stocks were up last week to new all-time highs with the S&P500 finishing the week near 6090. As tends to happen near year end, technology stocks have led the recent rally as interest rates have declined against the widespread hysteria in the biased financial…

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Weekend Update, December 2nd, 2024

Index, Sector & Asset Performance US stocks were up last week to new all-time highs with the S&P500 gaining over 5% in November and the Russell 2000 leading domestic indexes higher up +12% on the month. This was the best monthly return of 2024. So much for waiting on the…

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Weekly Market Update with Chris Perras. Weekend Update 11/25/2024.

Weekend Update, November 25th, 2024

Index, Sector & Asset Performance Global equities re-accelerated last week with the MSCI up +1.4%. Here in the states, the Russell 2000 (IWM Etf) led with a +4.46% gain, while the S&P 500 rose +1.68% as some members of the Mag 7 dragged down returns. Year to date global returns…

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Weekly Market Update with Chris Perras. 11/18/2024

Weekend Update, November 18th, 2024

Index, Sector & Asset Performance US stocks gave up about half their initial 2024 post-election rally last week. Excuses ranged from a stronger dollar to higher interest rates, a more hawkish Federal Reserve, concerns over Trump appointments to Health and Human Services, a newly created DOGE department to cut federal…

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Weekly Market Update with Chris Perras. 11/11/2024

Weekend Update, November 11th, 2024

Index, Sector & Asset Performance Trump wins decidedly along with a projected GOP sweep in Congress and financial markets cheer. Stocks rallied strongly last week, encouraged by Donald Trump’s and the GOP’s victories and the proposal to at least keep the 2017 Trump tax cuts and possibly cut corporate taxes…

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