Market Mourning

Market Mourning

OVERVIEW   A relief rally hit Wall Street last week as all three major U.S. stock indices ended in the green. The S&P 500 rose 4.7%, up two of the past three weeks. Same with the Nasdaq Composite, which rose 5.2% for the week. And the Dow Jones Industrial...
Macro Take the Wheel

Macro Take the Wheel

OVERVIEW   The U.S. stock market was mixed last week. The S&P 500 lost 1.55%, and the Nasdaq Composite dropped 3.11%. However, the Dow Jones Industrial Average registered gains of 1.15%. Foreign stocks declined, with developed country markets dropping 1.35%...
Waypoints

Waypoints

OVERVIEW   Despite a volatile week, the major U.S. stock indices registered gains, snapping a three-week losing streak. The S&P 500 gained 1.5%, the Dow Jones Industrial Average rose 2%, and the Nasdaq Composite climbed 0.7%. Bonds were mixed, however. The...
Extreme Sentiment

Extreme Sentiment

OVERVIEW   Last week, U.S. stocks tumbled to their lowest level since November 2020. The S&P 500 fell 2.9% to close the week and is now down 25.2% from its January 3rd closing high. The Dow Jones Industrial Average also dropped 2.9% for the week, and the...
Revisiting the Low

Revisiting the Low

OVERVIEW   The S&P 500 index reentered bear market territory last week with a 4.65% weekly decline. The Nasdaq Composite, down more than 30% this year, fell 5.07%, and the Dow Jones Industrial Average dropped 4%. Foreign stocks had a rough week as well....