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Our Publications
1Q Resoundingly Strong; but Conflicting Signals Emerging – Week Ended 3/29/19
The 1st Quarter concluded with each month firmly in positive territory and a cumulative advance for the S&P500 of +13.6% – a sharp reversal from the experience suffered closing out 2018. Interesting fact: since 1950 there are only 19 examples of the S&P500 starting a year with positive performance in January, February, and March and […]
Bull’s 10th Birthday Brings Little Fanfare – Week Ended 3/8/19
It was just the 2nd down-week of the year, but below the surface many individual names have been consolidating since mid-February. The S&P500 gave back -2.1%, but the more cyclical and strongest YTD performing areas are pulling back more sharply with transportation stocks down -3.3% and small-caps off -4.3% (Russell 2000). This weakness should embolden […]
“Show Me” – March Commentary
Two months and so far, a very Happy New Year!!! February added +3.2% to a very strong January, making this a great start to 2019 for investors with the stock market jumping a cumulative +11.5%. Wow!! We appreciate the Fed again communicating economic data dependency rather than an autopilot path of raising interest rates, plus […]
As Markets Continue Rebound, Investors Should Remain Focused on Risks – Week Ended 2/22/19
US financial markets continued their rebound during the President’s Day shortened trading week ended Friday the 22nd. The S&P500 added another +0.7% and international markets also responded with the MSCI EAFE improving by +1.6% (now up +9% YTD). Whereas January was fueled by a softer, more comforting tone by the US Federal Reserve and other […]

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