Market Commentaries

25 Oct

S&P 500 Flirts with Record High

October 25, 2019 The S&P 500 inched closer to its all-time closing high this week, driven by another round of better than expected Q3 2019 earnings reports. As of today, 80% of companies that have reported earnings have topped analyst expectations. The figure remains firmly above the long-term average of 65%. The strong earnings momentum…

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18 Oct

Markets Gain Despite Mixed Reports

October 18, 2019 A better than expected start to the Q3 2019 earnings season served markets well, pushing the S&P 500 to its second consecutive winning week. Strong early results from the healthcare sector and industrial names, which have been battered by concerns over increased government regulation and weak global economic growth, respectively, managed to…

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11 Oct

Dow Near All-Time High as U.S.-China Strike A Deal, Kind of

October 11, 2019 Trade talks resumed this week with growing market optimism that the U.S. and China would break a five-month stalemate and ink a limited trade deal. The talks took place in advance of next week’s deadline when U.S. tariffs were scheduled to increase from 25% to 30% on $250 billion worth of Chinese…

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