Category Archives: Commentary

07 Nov

The Halloween Indicator

The S&P 500 Index was up 15.03% year to date as of the end of October, and it also has closed higher for the eighth consecutive week —marking the first time since 2013 that this has happened. Today we will … Continue reading
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07 Nov

Market Update: Tuesday, November 7, 2017

Market Recap Domestic markets continued advance, buoyed by energy bounce-back, tax reform hopes. S&P 500 Index 0.1%, Dow flat, Nasdaq +0.3%. Energy sector led markets higher, aided by strengthening oil/natural gas prices. Telecommunications, consumer staples significant laggards. Positive breadth on … Continue reading
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01 Nov

No Hike November

The Federal Reserve’s (Fed) latest meeting started on Halloween, but the outcome wasn’t scary for markets. As was widely expected, the Fed made no changes to monetary policy during its October 31–November 1 meeting. The fed funds target rate remains … Continue reading
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