Market Commentaries

14 Aug

Dow Falls Short of All-Time High as Relief Talks Stall

August 14, 2020 After sending the Nasdaq Composite Index to an all-time high last week, bulls set their sights on doing the same for the Dow Jones Industrial Average. The goal was within striking distance, supported by the hopes for a coronavirus relief package and a rotation into economically sensitive consumer discretionary, industrial, and financial…

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07 Aug

High Hopes for a Relief Package and Tech Stocks Unleash the Bulls

August 7, 2020 Bulls roared into August on a hot streak, leading the Dow Jones Industrial Average to a second consecutive weekly gain. High hopes for a coronavirus relief package along with strong performances from tech darlings Microsoft and Apple helped lead the index higher. Tech’s positive vibes were contagious with the overall sector posting…

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31 Jul

Earnings Beats Push Markets Past Wall of Worry

July 31, 2020 Better than expected earnings and last-minute corporate announcements put investors in an optimistic mood, sending the S&P 500 to a 1.73% gain for the week. The move higher came despite horrific Q2 economic readings and a flatlining in near-term momentum as COVID continues to keep a full opening of the economy on…

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