Market Commentaries

04 Dec

Bulls Charge into December Setting All-Time Highs

December 4, 2020 After a stellar November during which the Dow Jones Industrial Average had its best monthly return in 30+ years, bulls charged into December setting even more highs. With the election now a distant memory, investors have shifted their attention to signs that stimulus discussions are gaining traction in Congress and hopes that…

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20 Nov

Stocks Retreat as Coronavirus Cases Surge

November 20, 2020 After setting a record high earlier this week on the release of additional, positive Covid-19 vaccine news, the Dow Jones Industrial Average retreated slightly to end the week lower by -0.73%. This week’s positive vaccine news came from Massachusetts-based Moderna which reported its vaccine candidate showed 94.50% efficacy in preventing Covid-19 in…

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13 Nov

Vaccine News Sparks Market Rotation

November 13, 2020 Stocks rose for the second consecutive week despite a light week for economic news. Progress towards a Covid-19 vaccine and clarity that the election results are unlikely to change despite the outstanding legal challenges gave bulls a shot in the arm, sending the S&P 500 to a new record high. In vaccine…

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