After 8 consecutive positive weeks for the S&P, the index suffered its first weekly loss since early September. Make no mistake however, the -0.2% giveback for the S&P500 and Nasdaq on the week was anything but panicky (Dow off -0.5%) and probably does little to change the broad perception that markets have not experienced any […]

With October nearing conclusion, US equities indexes extended their streak without so much as even a 5% pullback to near 350 trading days! In fact, at times it feels as if upward momentum is accelerating if one views the absolute level of indexes in isolation (ie Dow over 23,000; S&P500 nearing 2,600) and new highs […]

US equities, as viewed through the lens of the S&P500, added another +86 bps last week bringing month-to-date performance to +2.3%. If US equities are roughly flat or better through the balance of the month, October will conclude as the second strongest month this year. That is a noteworthy accomplishment when considering that US equities […]

Domestic markets managed to broadly rise in the week ending on spooky Friday the 13th with the S&P500 notching progress of +0.2%; so far in October the benchmark is up nearly +1.4% on top of what was a strong 3Q and another quarterly earnings season now upon us. US financial markets are now moving into […]