Commentary – Page 18 – Beacon Wealth Advisors, LLC

18 Nov

Using Point & Figure Analysis to Define Market Conditions

Friday, November 18, 2022 LPL Research explores point and figure analysis and how it can be utilized to define market conditions. Despite recent overbought readings, history suggests buying pressure may not be over. Background Point and figure (P&F) analysis dates … Continue reading →

18 Nov

Using Point & Figure Analysis to Define Market Conditions

Friday, November 18, 2022 LPL Research explores point and figure analysis and how it can be utilized to define market conditions. Despite recent overbought readings, history suggests buying pressure may not be over. Background Point and figure (P&F) analysis dates … Continue reading →

17 Nov

Did Retail Sales Change the Market Narrative?

Thursday, November 17, 2022 Were Retail Sales Too Good? Nominal retail sales in October rose 1.3% from a month ago, strongly beating expectations. Market watchers like to transform this nominal report into an inflation-adjusted estimate, which better corresponds to other … Continue reading →

16 Nov

World Cup-onomics 2022

Wednesday, November 16, 2022 We look, through an economic lens, at the biggest sports event on the planet that kicks off on Sunday November 20 in Doha, Qatar – the soccer World Cup. We take a lighthearted look at some … Continue reading →

11 Nov

Weekly Market Performance – Markets Higher Amid Improved October CPI

Friday, November 11, 2022 Index Performance View enlarged chart U.S. and International Equities Markets Finish the Week Higher Stocks finished the week higher amid Thursday’s cooler-than-expected Consumer Price Index (CPI) results. Moreover, Thursday’s rally was a testament to the bull’s … Continue reading →

11 Nov

Breaking Down the 200-Day Moving Average

Friday, November 11, 2022 The S&P 500 has been stuck below its 200-day moving average (dma) for a statistically long time. History suggests the path to recapturing the 200-dma may require more time with additional downside risk. However, after the … Continue reading →

10 Nov

Inflation Tide Turning

Thursday, November 10, 2022 Finally, an Encouraging Report After many months of inflation coming in above expectations, investors finally got a more favorable report with the October Consumer Price Index (CPI) data and are cheering it with a big stock … Continue reading →

09 Nov

Midterm Election Results Point to More Mixed Government

Wednesday, November 9, 2022 The main takeaway from election results currently is likely a mixed government, which we continue to view as market-friendly overall. There’s still some counting to do in some key races, but it remains very likely Republicans … Continue reading →

08 Nov

The U.S. Government Could Be on the Hook for $1 Trillion in Annual Interest Expenses

Tuesday, November 8, 2022 With voters heading out to their local voting locations today to determine the make-up of the next U.S. Congress, regardless of the outcome, lawmakers may be tasked with doing more with less. Congress—and in particular, the … Continue reading →

04 Nov

Weekly Market Performance – Domestic Markets Lower Amid Hawkish Fed Talk

Index Performance View enlarged chart U.S. and International Equities Domestic Markets Finish Lower But Emerging Markets Shines Stocks finished lower after Federal Reserve (Fed) Chair Powell’s comments on Wednesday caused traders to sell off domestic equities mid-week. Market participants expected … Continue reading →

Category Archives: Commentary