Market Commentary, 05/31/16

Last week the Dow Jones Index closed at 17,873, representing its first weekly increase in six weeks. The S&P 500 also posted a weekly gain to close at 2,099 on Friday. Stocks were largely flat Monday, Thursday, and Friday on relatively low volume, but surged on Tuesday and Wednesday. These gains...
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Market Commentary, 05/09/16

Stocks recorded their second week of losses, although a rally on Friday limited the declines. The Dow closed today at 17,705.91, which is down over 390 points (-2.2%) from the recent April 20 high. The S&P closed the day at 2,058.69, for a decline of 2.08% from the same April 20 high. In U.S. ec...
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Market Commentary, 04/15/16

The U.S. stock market surged early in the week, but tapered off to close at 17,897.32 on the Dow and 2,080.73 for the S&P 500. The choppy trading at the end of the week comes as traders are expressing some uncertainty in the short term outlook following recent gains. These week ending woes may a...
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Market Commentary, 03/24/16

The U.S. stock market declined for the second day to close yesterday at 17,503.34 on the Dow and 2,036.66 for the S&P 500. Intraday levels indicate another down market today. Both indices have rallied from their respective intraday market lows on February 11th of 15,503 and 1,810. This movement,...
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Market Commentary, 02/09/16

The New Year has not been kind to the market, as the Dow is down 8% YTD and the S&P 500 is off 9.3% (as of yesterday, 02/08/2016). Further, the Dow is down 13% from its 05/20/2015 high, the S&P 500 is down 13.2% from its 05/21/2015 high and the Nasdaq is down 18% from […]...
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