Market Commentaries

24 Aug

Bulls Stampede to New All-Time High

August 24, 2018 Bulls made it into the record books once again this week. On Wednesday, the current bull market, which began on March 9, 2009, became the longest bull market on record, breaking the prior one which ran from October 1990 to March 2000. At 3,455 days long, as of Friday’s close, the current…

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10 Aug

Turkey Fouls Markets

August 10, 2018 A strong start to the trading week, fueled by solid quarterly earnings results, was not enough to lift the S&P 500 higher for the week. Investors were spooked on Friday by Turkey’s falling currency, placing the Turkish economy in near crisis state. Rising political tensions between the U.S. and Turkey provided the…

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27 Jul

Numbers are in the House

July 27, 2018 Markets posted another winning week as quarterly earnings continued to beat expectations and Q2 GDP hit a four-year high. With roughly half of the S&P 500 having reported, second quarter earnings are now projected to rise 22.60%, up from last week’s estimate of 22.00%. In economic news, the first estimate of U.S….

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