Commentary – Page 250 – Beacon Wealth Advisors, LLC

02 Feb

Tom Terrific? The Super Bowl Indicator Might Disagree

The Super Bowl indicator suggests that stocks rise for the full year when the Super Bowl winner comes from the original National Football League (now the NFC), but when an original American Football League (now the AFC) team wins, stocks … Continue reading →

01 Feb

Market Update: Thursday, February 1, 2018

Market Recap U.S. equities stabilized after two-day drop; likely some buy-the-dip trading, though small caps shed early gains to finish lower; Federal Reserve (Fed) meeting outcome mostly as predicted. S&P 500 Index +0.1%, Dow +0.3%, Nasdaq +0.1%, Russell 2000 -0.5%. … Continue reading →

31 Jan

Fed Chair Yellen’s Swan Song

As was widely expected, the Federal Reserve (Fed) voted unanimously to leave monetary policy unchanged during its January 30–31 meeting. The fed funds target rate remains between 1.25% and 1.50%, and the Fed will continue to allow the roll-off of … Continue reading →

31 Jan

Market Update: Wednesday, January 31, 2018

Market Recap Major U.S. indexes down sharply again as cautious tone overtakes market. S&P 500 Index -1.0%, Dow -1.4%, Nasdaq -0.9%, Russell 2000 -1.0%. Utilities were the only sector to close higher. Healthcare, energy–following weaker crude–led underperformers. Broad negative breadth continues; … Continue reading →

31 Jan

A Big January Has Bulls Smiling

An old adage on Wall Street suggests, “So goes January, goes the year.” With stocks seeing one of the best January returns ever, it is time to take a closer look at the January barometer. The January barometer was first … Continue reading →

30 Jan

Will the Dollar Continue to Weaken?

Though the U.S. dollar has weakened in recent weeks, we expect the trend may change over the course of 2018. The dollar (as measured by the DXY Dollar Index) saw significant strength in 2014 following the Federal Reserve’s (Fed) decision … Continue reading →

30 Jan

Market Update: Tuesday, January 30, 2018

Market Recap Major U.S. indexes drop despite generally upbeat data as rising rates, inflation concerns weighed. S&P 500 Index -0.7%, Dow -0.7%, Nasdaq -0.5%, Russell 2000 -0.6%. All sectors fell. Healthcare, consumer discretionary held up best; energy, rate-sensitive utilities led … Continue reading →

29 Jan

Why Midterm Years Can Slip Up Bull Markets

Equities were met with tremendous success during the first year of President Trump’s term, but now we’re headed into the much more historically troublesome midterm year. As Ryan Detrick, Senior Market Strategist notes, “Midterm years tend to be a banana … Continue reading →

29 Jan

Market Update: Monday, January 29, 2018

Market Recap Major U.S. indexes rose to cap off fourth straight weekly gain. Corporate earnings, positive takeaways from gross domestic product (GDP) report among drivers. S&P 500 Index +1.2%, Dow +0.9%, Nasdaq +1.3%, Russell 2000 +0.4%. All sectors finished higher. … Continue reading →

26 Jan

Your Weekly Update – World Economic Forum, Global Trade in Spotlight

Weekly Performance US: S&P 500 Index +2.23%, Dow +2.09%, Nasdaq +2.31% Europe: STOXX Europe 600 -0.57%, German DAX -1.01%, France CAC 40 +0.05%, U.K. FTSE 100 -.84% Asia: Japan Nikkei -0.74%, China Shanghai Composite +2.01%, Korea KOSPI +2.16% 10-Year Treasury … Continue reading →

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