Is Deutsche Bank the Next Lehman?

Though the final week of the third quarter ended positively for the major indexes, stocks took a rocky path to get there. A presidential debate, surging oil prices, and concerns about a global bank all took their toll on the market last week. For the week, the S&P 500 gained 0.17%, the Dow grew 0.26%, [...]

October 3rd, 2016|

After Summer Slumber, Volatility is Back

Weekly Update – September 19, 2016 Volatility picked up last week due to pressures from lower oil prices and speculation about the timing of the Federal Reserve’s next rate hike. This summer has been historically calm for markets, leading markets to trade without big intraday gains or losses. However, Friday broke that streak, possibly ushering [...]

September 19th, 2016|

Stocks Fall on Interest Rate Worries

Weekly Update – September 12, 2016 After trading flat for most of the week, stocks broadly sank Friday on fears of a future rate hike. For the week, the S&P 500 lost 2.39%, the Dow fell 2.20%, the NASDAQ dropped 2.36%, and the MSCI EAFE lost 0.16%. Monetary policy was at the forefront of investors’ [...]

September 12th, 2016|

Stocks Surge on August Jobs Miss

Weekly Update – September 6, 2016 After losing steam the previous week, stocks rose last week as investors cheered a weak jobs report and the declining probability of a September interest rate increase by the Federal Reserve. For the week, the S&P 500 gained 0.50%, the Dow grew 0.52%, the NASDAQ added 0.59%, and the [...]

September 6th, 2016|

LIBOR Surge May Rule Out September Fed Rate Hike

Weekly Update – August 29, 2016 After rallying for weeks, the major indexes fell last week ahead of key remarks by Federal Reserve officials and turbulence in money markets. For the week, the S&P 500 lost 0.68%, the Dow fell 0.85%, the NASDAQ dropped 0.37%, while the MSCI EAFE gained 0.16%. Even as the Fed [...]

August 29th, 2016|

4 Things Retirees Can Learn From Peyton Manning

After 18 years and a very successful career in the National Football League, the Denver Broncos’ star quarterback, Peyton Manning, retired in 2016 at the age of 39. We wish him well and hope he made the preparations needed to enjoy a long, comfortable retirement. If he did, he’ll be in the minority. Research shows [...]

August 24th, 2016|

S&P 500, Dow, and NASDAQ Post New Record Highs

Weekly Update – August 15, 2016 Stocks ended last week mostly flat, falling slightly on Friday after the major U.S. indexes set new record highs on Thursday on positive earnings surprises. The NASDAQ also notched a seventh week of gains, its longest winning streak since 2012. For the week, the S&P 500 gained 0.05%, the [...]

August 15th, 2016|

S&P 500 Closes at Another New Record

Weekly Update – July 25, 2016 Stocks ended a fourth straight week of gains, sending the S&P 500 index to another record high. For the week, the S&P 500 gained 0.61%, the Dow grew 0.29%, the NASDAQ added 1.40%, and the MSCI EAFE closed flat. Second-quarter earnings season is in full swing, and the picture [...]

July 25th, 2016|

Stocks Set New Records

Weekly Update – July 18, 2016 Stocks were up for the third week in a row, posting record highs on better-than-expected earnings results and solid domestic economic data. Since the bottom of the post-Brexit selloff, the S&P 500 has gained 8.06%. For the week, the S&P 500 gained 1.49%, the Dow grew 2.04%, the NASDAQ [...]

July 18th, 2016|

S&P Tests New High on Jobs Surge

Weekly Update – July 11, 2016 Markets surged last week after a surprising June jobs report buoyed investor sentiment. The S&P 500 came within a hair of a new record close on the news. For the week, the S&P 500 grew 1.28%, the Dow gained 1.10%, the NASDAQ added 1.94%, and the MSCI EAFE fell [...]

July 11th, 2016|