Investment Management

Index, Sector & Asset Performance Tomorrow’s Presidential election will take center stage for many investors, particularly those with short trading time frames. Given recent economic data, expect the Fed to cut rates by another 25 bps later in the week. US stocks closed lower for the 2nd week on disappointing…

Index, Sector & Asset Performance U.S. stock futures are pointing to gains of 0.6% at the open ahead of earnings reports by several big tech companies this week.  WTI oil prices tanked -6% in the overnight to below $68 a barrel as Israel’s strike against Iran did not disrupt oil…

Index, Sector & Asset Performance The S&P 500 closed the week with its 6th straight up week closing on Friday at another new all-time high, 5864. Since their July 4th weekend relative strength peak, the influence of the “Magnificent 7 companies” has waned but has still driven more than +40%…

Index, Sector & Asset Performance The S&P 500 closed the week at a new weekly all-time high close, on the back bullish of early initial bank and financial stock earnings including J.P. Morgan and Blackrock. The S&P 500 gained +1.13% on the week, led by an almost +5% rise in…

Index, Sector & Asset Performance The S&P 500 closed the week at a new weekly all-time high close, on the back of “first blush” stronger than expected BLS jobs report which came in at 254,000 (150,000 expected) and the unemployment rate dropping. A government jobs report that will likely be…

Index, Sector & Asset Performance Equities throughout the world rose last week led by a near historic rally from 52-week lows to 52-week highs by China stocks as inflation data continued to decline and the Chinese politburo broke out the fiscal and monetary bazooka to stimulate their woefully bad economy….

Send It In, Jerome Index, Sector & Asset Performance The Fed cut shorter term interest rates 50 bps on Wednesday, opting for a larger rate cut than many had expected. As we have previously discussed, the move was focused on the labor markets, where the FOMC noted “job gains have…

Index, Sector & Asset Performance Entering September, the historically worst month of the year for equities, on a “normal” down note, the S&P 500 declined -4.25% last week. The four previous years S&P 500 September returns came in at 2023, -4.9%, 2022, -9.3%, 2021, -4.8%, and 2020, -3.9%. Marking the…

Index, Sector & Asset Performance While many investors expected the week’s performance to be solely dependent on NVDA’s earnings report, it wasn’t. Post-EPS, NVDA fell -6%, yet in a sign of market strength. The S&P 500 managed to end on the week up +.3% posting its seventh positive month out…

Index, Sector & Asset Performance On the back of weaker economic data, a dovish speech from Federal Reserve Chairman Jerome Powell last week, short covering, and a bit of FOMO (fear of missing out), the markets rallied strongly last week to close at a weekly closing all-time high near 5635…

Index, Sector & Asset Performance After quickly dropping -9.6% over the second half of July and early August, global equities rallied strongly last week with the S&P gaining almost +3.9%. This puts the cash S&P 500 up over +400 points off its lows just 10 trading days ago or +8%…

Index, Sector & Asset Performance The S&P 500 is down about -6% from its July 15th peak. During the last 2-week selloff, the cash S&P 500 approached -9.7% peak to trough, but it regained almost all its early last week losses to finish near spot on flat on the week….