Market Commentaries

21 Oct

Dow Posts Third Straight Winning Week

October 21st, 2022 Stronger than expected corporate earnings and a string of positive developments out of the UK pushed the Dow Jones Industrial Average to its third straight winning week. Bank of America and Goldman Sachs kicked the week off on a high note as both topped estimates, boosted by larger net interest spreads and…

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14 Oct

Market’s Rally is a Headscratcher

October 14th, 2022 The Dow Jones Industrial Average launched a historic turnaround on Thursday, surging 1,500 points from its low to its high, before closing +2.83% for the day. Markets had been treading water during the early part of the week in anticipation of the late week release of the CPI report. When September’s CPI…

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07 Oct

Markets Move Big on Minor News

October 7th, 2022 Investors kicked Q4 off on a higher note with the Dow 30 rallying 765 points on Monday. That was followed with another 865-point rally on Tuesday. This was the market’s strongest two-day performance since March 2020. Investors were ready to put Q3 behind them as bond markets steadied following the UK’s announcement…

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