Market Commentaries

04 Nov

Market’s Multi-Week Rally Fizzles When Faced with the Hard Truth

November 4th, 2022 The market had an uphill challenge coming into the week, having both the Fed and jobs announcements stacked against it. That didn’t stop bulls, however, from trying to keep the momentum going, despite the week’s major data releases being less than supportive of their case. On Wednesday, the Fed raised rates by…

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28 Oct

Markets Provide Investors with Early Treat

October 28th, 2022 The Dow Jones Industrial Average notched its fourth straight winning week as the index’s member companies posted strong Q3 results. McDonald’s, Coca-Cola, Visa, Caterpillar, and Merck all topped estimates. The index’s composition allowed the Dow to sidestep the wreck in big tech from the likes of Meta, Google, Amazon, and Microsoft, which…

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21 Oct

Dow Posts Third Straight Winning Week

October 21st, 2022 Stronger than expected corporate earnings and a string of positive developments out of the UK pushed the Dow Jones Industrial Average to its third straight winning week. Bank of America and Goldman Sachs kicked the week off on a high note as both topped estimates, boosted by larger net interest spreads and…

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