Commentary – Page 334 – Beacon Wealth Advisors, LLC

05 Aug

Inside the July Payroll Data

July jobs data were strong across the board, with non-farm payrolls growing by 255,000, well above consensus expectations of about 170,000 and above the top end of the consensus range for the second consecutive month. The strong report keeps the … Continue reading →

05 Aug

Market Update: Friday, August 5, 2016

Stocks move up as jobs report trounces expectations. U.S. equities are significantly higher in early trading, following the release of the latest Employment Situation Report, which showed that employers added 255,000 jobs in July versus an expected 170,000, though unemployment … Continue reading →

04 Aug

Famous Technical Momentum Indicator Triggers a Long-Term Buy Signal for Stocks

The S&P 500 Index’s Coppock Curve momentum indicator has recently closed back above zero on its monthly chart, which increases the likelihood that the stock market continues to move higher over the long-term time horizon based on historical data. The … Continue reading →

04 Aug

Market Update: Thursday, August 4, 2016

Stocks little changed after Bank of England cuts key rate. Equities are inching lower this morning, despite the Bank of England (BOE) voted unanimously to cut its key lending rate to 0.25%, marking a new all-time low. The bank also … Continue reading →

03 Aug

Checking in on the Worst Start to a Year Ever

What a year it has been. The S&P 500 started things off down 10.5% for the first 28 days of the year, making 2016 the worst start to a year ever. As we noted at the time in our Weekly … Continue reading →

03 Aug

Market Update: Wednesday, August 3, 2016

Equities little changed after yesterday’s dip. U.S. markets are modestly higher in early trading following yesterday’s session, which saw the S&P 500 break to the downside out of a sideways consolidation. Though the S&P lost only 0.64%, it marked the bellwether … Continue reading →

02 Aug

Market Update: Tuesday, August 2, 2016

U.S. equities follow global markets lower. Following the official release of Japan’s most recent stimulus and continued underperformance from European financials, domestic indexes are lower in early trading. The major averages finished mixed yesterday, with the S&P 500 continuing to … Continue reading →

02 Aug

The S&P 500 Is Up Five Straight Months—Why That Could Be a Very Bullish Signal

After being down for three straight months in November, December, and January, for the first three-month losing streak since late 2011, the S&P 500 has soared back, up for five consecutive months. The logical question is: What does a five-month … Continue reading →

02 Aug

The S&P 500 Is Up Five Straight Months—Why That Could Be a Very Bullish Signal

After being down for three straight months in November, December, and January, for the first three-month losing streak since late 2011, the S&P 500 has soared back, up for five consecutive months. The logical question is: What does a five-month … Continue reading →

02 Aug

The S&P 500 Is Up Five Straight Months—Why That Could Be a Very Bullish Signal

After being down for three straight months in November, December, and January, for the first three-month losing streak since late 2011, the S&P 500 has soared back, up for five consecutive months. The logical question is: What does a five-month … Continue reading →

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