Monthly Market Updates

Posted March 31, 2020

Corona Closure

Historic may be the single best word to describe what we experienced in March. We saw the 4 biggest one day point declines in history for the Dow, we saw the 2 biggest one day rallies in history for the Dow, we saw the worst week for stocks in 33 years, the biggest 3 day rally in 90 years and the best week since 1938. We said in last month’s update that… Read More ›

Posted March 2, 2020

Coronavirus Contagion

A month we will not soon forget began with the S&P 500 hitting several new all-time highs as economic numbers improved and China seemed to be succeeding at containing the Coronavirus. We even had a report the Chinese had come up with a vaccine. Halfway through the month the S&P 500 was sitting at a new all-time high as we took a break for President’s Day weekend. After the long weekend Apple… Read More ›

Posted February 28, 2020

Coronavirus Concerns

January is historically one of the better months of the year for the stock market as it is the biggest month for inflows from retirement plans.  Coming off one of the best years for stock market performance in the last 20 years, the new year began where the old year ended, with the market moving to more new all-time highs.  Market participants continued to celebrate phase one of the China trade as… Read More ›

Posted December 31, 2019

Very Strong Year for the Market

December is traditionally one of the better months of the year, closing higher more often than any other month, and it did not disappoint this year.  After a strong November the month got off to a solid start and moved higher every week of the month.  Money managers compete for performance and with the strong market performance this year few wanted to show cash on their balance sheets at the end of… Read More ›

Posted December 2, 2019

Record Setting Rally Continues

November is the beginning of a 3-month period that has historically been the best of the year for stocks. Last year’s Q4 sell off is a reminder that history is just a guide, but this year November followed the script and moved steadily higher throughout the month, with multiple new all-time highs for the major indices. Despite all the impeachment noise out of Washington, the markets continued to focus on China trade… Read More ›