Market Commentaries

01 Nov

Investors Get More Treats Than Tricks in October

November 1, 2019 Records continued to fall this week as the S&P 500 broke its previous all-time record high of 3025.86 – not once, but three times. The record setting run was driven by the Fed striking the right tone with markets on Wednesday following its FOMC meeting. The central bank not only lowered rates…

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25 Oct

S&P 500 Flirts with Record High

October 25, 2019 The S&P 500 inched closer to its all-time closing high this week, driven by another round of better than expected Q3 2019 earnings reports. As of today, 80% of companies that have reported earnings have topped analyst expectations. The figure remains firmly above the long-term average of 65%. The strong earnings momentum…

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18 Oct

Markets Gain Despite Mixed Reports

October 18, 2019 A better than expected start to the Q3 2019 earnings season served markets well, pushing the S&P 500 to its second consecutive winning week. Strong early results from the healthcare sector and industrial names, which have been battered by concerns over increased government regulation and weak global economic growth, respectively, managed to…

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