Market Commentaries

17 Jul

Bulls Dismiss Covid-19 Case Surge for Third Week of Gains

July 17, 2020 The rotation out of growth and into value powered the Dow Jones Industrial Average to a third consecutive week of gains. This week’s strong consumer spending and industrial production figures, along with promising vaccine results, reinforced the market’s bullish thesis. Sentiment remains resilient despite the continued rise in Covid-19 case counts. As…

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10 Jul

Bulls’ Optimism Fuels Nasdaq Record High

July 10, 2020 Bulls continued their record-setting run this week despite rising Covid-19 infections and hospitalizations across the country. According to data from Johns Hopkins University, 63,247 new Covid-19 cases were reported nationwide on Thursday – a single day record. Several states also saw an increase in hospitalizations with Texas and Florida nearing hospital capacity…

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26 Jun

Markets Tumble as States Halt Reopening

June 26, 2020 Markets struggled this week amid concerns of rising Covid-19 cases across the country. Data from Johns Hopkins University shows more than 30 states are now experiencing surging case counts. The resurgence has been enough to force Texas, Arizona, New Mexico, and eight others to pause their reopening plans. Texas reported an all-time…

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