Market Commentaries

19 Feb

Markets Frozen in Place

February 19, 2021 After a series of record-setting sessions, stocks struggled to find direction this week. Another string of strong economic reports – this time from retail sales and industrial output – were not enough to push stocks higher for the week. Investors turned cautious towards week’s end as initial claims for unemployment increased by…

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12 Feb

Quiet Week as Markets Await Stimulus

February 12, 2021 Markets continued to float higher this week as companies continued to report better than expected earnings and as investors eyed a new stimulus package. Although details still need to be ironed out over who will qualify for Biden’s proposed $1,400 stimulus checks, they are expected to reach millions of households in the…

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05 Feb

Can’t Keep a Bull Market Down

February 5, 2021 Strong earnings and economic data spurred bulls to retake market highs this week. Tech giants Google and Amazon posted stellar earnings reports, pushing the Q4 2020 earnings “beat” rate for the S&P 500 to 84% and rallying the index to an all-time high. This was a swift turnaround for markets following last…

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