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Low Neutral

Low Neutral

OVERVIEW   The U.S. stock market rallied last week, with the S&P 500 gaining 3.48%, the Dow increasing 3.22%, and the Nasdaq rising 3.37%. Value stocks outperformed, surging 4.06%, versus the 3.34% gain for growth stocks. Small-cap stocks rose about 3.67%. As...

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Big Tech Gets Bullish

Big Tech Gets Bullish

  This week's big news was that the Nasdaq 100 Index—a basket of the 100 largest (mostly tech) stocks traded on the Nasdaq stock exchange—surged into a new bull market on Wednesday. Our featured chart above shows that the tech-heavy index has rallied more than...

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Baltic Dry Index

Baltic Dry Index

  The Baltic Dry Index (BDI) is a financial index that measures the average cost to ship various dry bulk materials—such as coal and steel—around the world. Because it reflects the supply and demand for important materials used in manufacturing, the BDI is...

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Financial Focus – March 29th, 2023

Financial Focus – March 29th, 2023

Join Nate Kreinbrink and Mike Steigerwald on this week’s Financial Focus as they delve into the distinctions between traditional banking services and the comprehensive range of financial advisory services offered by a full-service financial advisor.

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Losing

Losing

It’s time for 4 Your Money! John Nelson joins Local 4 News to talk about how usually increased interest rates are welcome news for banks, but not recently, and how the market is currently reacting.

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Down but Not Out

Down but Not Out

OVERVIEW   The U.S. stock market closed higher after a roller coaster type of week. The S&P 500 gained 1.39%, the Dow increased 1.18%, and the Nasdaq popped 1.66%. Growth stocks—up 1.59%—outpaced value stocks, which rose...

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Lender of Last Resort

Lender of Last Resort

  There’s been a lot of stress in the banking system lately. So much so that recent data published by the Fed showed that a record $152.9 billion was borrowed from the Fed’s discount window last week, surpassing the $111 billion reached during the 2008 financial...

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Nasdaq vs. NYSE Volume

Nasdaq vs. NYSE Volume

  This week’s indicator uses the ratio of total Nasdaq volume to total NYSE volume to gauge sentiment in the stock market. The key takeaway is that the ratio is falling, a sign of increasing pessimism—which, from a contrarian perspective, could be a bullish...

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The Two I’s Turn Positive

The Two I’s Turn Positive

OVERVIEW   The major U.S. stock indices ended the week on a mixed note last week. While the S&P 500 gained 1.43% and the Nasdaq surged 4.41%, the Dow lost about 0.15%. Growth stocks led the way, gaining about 3.8% versus a 1.77% decline for value stocks. And...

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