The last time the S&P 500 index saw a start as strong as this year was 1991. With a gain of over 9% YTD, it is the eighth best start in the index’s history. Looking at similar periods, the median return for the remainder of the year was 8% (source: Bespoke...
Since the widespread panic we saw at the Christmas Eve lows, the stock market has staged a massive 11% rally in just over three weeks (another reminder why ‘market timing’ doesn’t work). Based on the 10-day change in the advance/decline line (a market breadth...
With the holiday season upon us, we find ourselves reflecting on our many blessings throughout this past year. We thank you for your loyalty, and we look forward to serving you in the year ahead. May your New Year be filled with good health, great memories, and...
One of the reasons for the October pullback in share prices was a growing cry by some economists and analysts that we are headed for recession in late 2019. We do not see that happening. U.S. economic growth may be peaking this year, but 2019 is forecast at +2.5%...
