Commentary – Page 263 – Beacon Wealth Advisors, LLC

01 Nov

Market Update: Wednesday November 1, 2017

Market Recap Major indexes bounced back from Monday losses, but finished off best levels as traders eyed Fed meeting, tax reform bill release, Fed chair nominee announcement later this week. S&P 500 Index +0.1%, Dow +0.1%, Nasdaq +0.4%. Above-average volume … Continue reading →

31 Oct

Top Tweets of October 2017

The Research Department publishes daily blog posts that cover key market and economic trends and topics for LPL advisors to use and share with their clients, and each month we see more advisors join in our discussions on social media. … Continue reading →

31 Oct

Market Update: Tuesday October 31, 2017

Market Recap Stocks dip on profit taking amid earnings lull. Major indexes failed to hold early gains as traders jockeyed ahead of another busy earnings week. Small caps posted biggest loss since August (Russell 2000 -1.2%). S&P 500 Index -0.3%, … Continue reading →

30 Oct

What Will Stocks Do Under a New Fed Chair?

President Trump is reportedly set to announce his selection for the next Chair of the Board of Governors of the Federal Reserve (Fed) in the very near future, with Jerome Powell emerging as the likely nominee. Though he’s yet to … Continue reading →

30 Oct

Market Update: Monday, October 30, 2017

Market Recap Friday’s technology rally powered Nasdaq surge. Biggest one-day performance gap between Dow, Nasdaq since 2002. S&P 500 Index up for the seventh straight week, longest streak since 2014. Dow +0.11%, S&P 500 +0.8%, Nasdaq +2.2%. Positive breadth on … Continue reading →

27 Oct

The Best Six Months of the Year Could Get Even Better

So much for “sell in May and go away.” The S&P 500 Index has gained more than 6% during the historically worst six months of the year and could finish higher each of the six months (from May to October) … Continue reading →

27 Oct

Market Update: Friday, October 27, 2017

Market Recap Stocks finished mostly higher on busiest day of earnings season. S&P 500 Index +0.1%, Dow +0.3%, Nasdaq -0.1%. Materials led big (+1.3%) on solid results from chemicals, followed by financials and telecommunications. Healthcare lagged on biotech/pharma underperformance. Breadth … Continue reading →

26 Oct

ECB Pulls Off a Dovish Taper

Today, the European Central Bank (ECB) announced that it will begin to taper bond purchases to 30 billion euros per month (currently 60 billion) in January 2018. Though the move was expected, and largely priced in, the ECB clarified its … Continue reading →

26 Oct

Market Update: Thursday, October 26, 2017

Market Recap Stocks fell but finished off worst levels. S&P 500 Index, Dow, Nasdaq fell ~0.5% despite upbeat economic data; declines potentially attributed to profit-taking amid mixed earnings, void in political news flow. Defensive sectors held up best, only modest … Continue reading →

25 Oct

How Healthy is Your Life Portfolio? Part 1: Connecting Your Financial Health to the U.S. Economy

The health of the broad U.S. economy impacts all Americans; but for most people, thinking about the economy starts with their personal financial situation. When it comes to your finances, you may be saying to yourself, “I’m doing well, but … Continue reading →

Category Archives: Commentary