February 3rd, 2023 Bullishness remained on full display this week – just as it has been for most of 2023. The S&P 500 capped January by rising 6.18% – its best January performance in four years. The momentum carried into February’s early trading with investors cheering corporate cost cuts and stock buybacks. January’s buyback announcements…
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January 27th, 2023 Stocks rebounded sharply this week even as earnings season continued to be lackluster. In what has truly become a “bad news is good news” mindset, markets rallied on hopes that the weakening trend in earnings, layoffs, and data will encourage the Fed to pivot to a more accommodative posture when they meet…
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February 20th, 2023 Falling bank profits, slowing tech growth, and mounting layoffs combined to deliver a weekly loss to investors. Coming into the year, Q4 2022’s earnings season was anticipated to be a rough one. Overall earnings for the S&P 500 were expected to decline -2.80%. Excluding the energy sector, the picture was even bleaker with…
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