Market Commentaries

08 Nov

Rally Rolls On

November 8, 2019 The good times kept on rolling for the Dow Jones Industrial Average, which managed to post four, new record highs this week. The positive sentiment was driven by trade developments that suggest the U.S. and China are inching closer to a Phase 1 trade agreement on improving rhetoric between the parties signaling…

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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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