Monthly Market Updates

Posted January 5, 2010

Year End

Incredible, amazing, unbelievable and phenomenal are just a few of the many words one could use to describe the 2009 stock market. After starting the year with a 70 day gut wrenching 26% decline the economic malaise appeared to reach a climax and the S&P 500 moved higher 8 of the next 9 months, with a total gain from the March lows to year end of 67%. One of the deepest declines… Read More ›

Posted December 31, 2009

Year End Update

The month began, as every month during the crisis has begun, with all eyes focused on the first Friday of the month when the government releases their all important monthly jobs report. We all know that job creation holds the key to continued economic recovery, so this report is the most important each month. The report showed that in November only 11,000 jobs were lost, and the report also adjusted the October… Read More ›

Posted November 30, 2009

Happy Thanksgiving

With Thanksgiving just passed, most of us likely took time out to express thanks for family and health, but many also gave thanks for the strongest stock market rally since 1933. Not only has this rally brought us quickly out of the depths of one of the worst market meltdowns in history, it has given hope to the entire country that we may have avoided the worst and a bright future may… Read More ›

Posted October 30, 2009

Trick or Treat

Tomorrow when the children go door to door they will be offering you a choice, either trick or treat. In the spirit of the season the October stock market gave us both tricks and treats. Despite its bad reputation, October is actually up more often than down, but after a record 7 consecutive monthly gains for the S&P 500 we entered October cautiously. The month gave us some of the biggest up… Read More ›

Posted September 30, 2009

Ignoring History

September, typically the worst month of the year for the market, turned out to be the best September since the middle of the internet boom in 1998, a record seventh consecutive up month for the S&P 500, and the quarter was the best in 11 years. The index added 3.5% in September, 15% for the quarter, and is now up 17.1% for the year. Although we have rallied 58.5% off the market… Read More ›