Market Commentaries

30 Oct

Investors Ain’t Afraid of No Ghost

October 29th, 2021 Despite its frightening reputation, October served up more treats than tricks for investors as we closed the last trading week of the month. Another strong batch of Q3 earnings results, combined with optimism that Congress was inching closer to finalizing a combined $2.8 trillion spending package, managed to push markets higher for…

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22 Oct

Earnings Drive Markets to Record Highs

October 22nd, 2021 Strong Q3 earnings reports and year-end optimism propelled the S&P 500 to a new high this week. Electric vehicle maker Tesla was among the key reports this week. The company reported record revenue and profits in spite of ongoing supply chain challenges in the automotive industry. Bullish sentiment was also on display…

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15 Oct

Bulls Take to the Street on Earnings Beat

October 15th, 2021 Market bulls stampeded late in the week, boosted by a strong start to the Q3 2021 earnings season. Financial giants Goldman Sachs and Bank of America led the charge, reporting better than expected earnings growth on strong investment banking, trading, and lending revenue. Investors also cheered the September retail sales report which…

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