Market Commentaries

11 Dec

Worries, Old and New, Dampen Market

December 11, 2020 Fresh from setting record highs, markets retreated slightly this week. On Thursday, the Food and Drug Administration advisory panel recommended approval of Pfizer and BioNTech’s Covid-19 vaccine. The move clears the way for the broader Food and Drug Administration to grant emergency use authorization for the vaccine, which could come as soon…

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04 Dec

Bulls Charge into December Setting All-Time Highs

December 4, 2020 After a stellar November during which the Dow Jones Industrial Average had its best monthly return in 30+ years, bulls charged into December setting even more highs. With the election now a distant memory, investors have shifted their attention to signs that stimulus discussions are gaining traction in Congress and hopes that…

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20 Nov

Stocks Retreat as Coronavirus Cases Surge

November 20, 2020 After setting a record high earlier this week on the release of additional, positive Covid-19 vaccine news, the Dow Jones Industrial Average retreated slightly to end the week lower by -0.73%. This week’s positive vaccine news came from Massachusetts-based Moderna which reported its vaccine candidate showed 94.50% efficacy in preventing Covid-19 in…

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