Market Commentaries

In the nine weeks following the election (11/08/16 – 01/06/17), the broad market (S&P 500) gained 6.4%, the largest post-election advance for the same period in almost 100 years. That said, and although the S&P was up 15 points (+0.66%) and the Dow 113 points (+0.57%) today, for the past t...

Happy New Years! Dow 20,000 remains elusive in 2016 despite being just 13 points short on December 20. However, the Dow Jones Industrial Average was not able to hold on and closed 2016 at 19,762, notching its first weekly loss since the beginning of November. The Trump Rally spurred an 11.6% increas...

The upward market movement since the election, known as the Trump Rally, continues despite today’s relatively flat close of 19,124 for the Dow and 2,199 for the S&P 500. Before today, the Dow closed at record highs 8 of the 14 trading days since the election. Dow Jones Industrial Average Recor...

Late Tuesday, when it appeared that Trump had won Florida and that he was heading for wins in North Carolina and Ohio, Dow Jones futures went into a free-fall, at one point being down 800, implying that the Dow would drop 800 points when the market opened on Wednesday. This wasn’t an issue of mark...

The market’s yo-yo action this week – up Monday, down Tuesday, up Wednesday, down today – as Wall Street begins to digest third quarter earnings reports, emphasizes almost two years of uncertainty and today the Dow dropped below 18,000 for the first time since early. In economic news, 156,000 ...