Category: Commentary


  • The S&P 500 is currently 1.3% away from its all-time closing high of 2130.82 set on May 21, 2015. But did you know that the S&P 500 Total Return Index made a new all-time high yesterday? The difference is the … Continue reading →

  • Major averages little changed; bond yields jump with oil prices.S. equities closed slightly higher on Wednesday, though the moves in the bond and WTI crude oil markets grabbed headlines. Despite a weekly inventory report that showed a smaller than expected … Continue reading →

  • With the all-time high of 2130.82 now only 1.4% away for the S&P 500, the question is: Will it be able to break out to new highs? One thing to note is the 2,100 level has been very firm resistance … Continue reading →

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  • Indexes split as financials outperform again. Tuesday’s trading saw the S&P 500 and Dow Jones both close at 2016 highs, while declines in technology and consumer discretionary stocks led the Nasdaq lower. Materials was the best performing sector on the … Continue reading →

  • A popular technical chart pattern is the golden cross. This happens when the faster moving 50-day moving average (MA) crosses above the slower moving 200-day MA. The consensus is that a golden cross is a bullish development, as the name … Continue reading →

  • Markets shake off early sell-off; Dow closes above 18,000. Stocks reversed a first-hour drop and rose throughout the session on Monday; the Dow finished above 18,000 for the first time since last summer, led by WTI crude oil and the … Continue reading →

  • Today is Tax Day (unless you are in Massachusetts or Maine where Patriots’ Day gives you an extra day to file), and although no one likes paying taxes, a look back on tax rates may provide some solace. When examining … Continue reading →

  • Crude oil is once again in the news. This time it has dropped after the OPEC meeting in Doha ended without a deal. There was optimism that an oil production freeze could be put in place, but after Iran walked … Continue reading →

  • Equities end strong week on down note. The major averages closed slightly lower on Friday, as financials posted a loss for the first time in over a week. Energy stocks also underperformed, dragged down by a 2.5% drop in the … Continue reading →