Market Commentaries

06 Aug

S&P 500 Sprints to Record High

August 6th, 2021 Bulls are coming in hot in the first trading week of August, pushing the S&P 500 to another record high. A strong July jobs report, as well as robust services and manufacturing data, helped spur the index to its 44th record high of the year. Businesses added 943,000 workers to the payrolls,…

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30 Jul

S&P 500 Goes for the Gold with 6th Straight Monthly Gain

July 30th, 2021 Stocks appeared to be on their way to another record-breaking week as Q2 2021 corporate earnings continued to surprise to the upside, U.S. economic activity returned to pre-pandemic levels, and the Federal Reserve signaled it would maintain its easy monetary stimulus program. As more earnings results poured in this week, the corporate…

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23 Jul

Dow Vaults Above 35,000

July 23rd, 2021 The Dow Jones Industrial Average stumbled out of the blocks to kick off the week’s trading. Growing concerns that the Covid-19 delta variant would lead to a spike in cases and derail the economic recovery sent the Dow down 725+ points on Monday. The sell-off proved to be short-lived as cooler heads…

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