Monthly Market Updates

Posted April 28, 2017

Earnings Drive Rally

April is traditionally one of the better months of the year for the stock market as money flows into retirement accounts ahead of the tax filing deadline. This year April got off to a slow start with the missile attacks on Syria, the North Korean saber rattling and deployment of the largest non-nuclear bomb in history adding new levels of uncertainty in the early going. For months we have seen buyers on… Read More ›

Posted March 31, 2017

Backing and Filling

In other parts of the country March comes in like a lion and goes out like a lamb, but on Wall Street it has historically been a month of average performance as investors focus turns to getting their taxes done.  The market has been pushing steadily higher since the election on optimism about Trump’s growth oriented policies and that rally continued in early March.  In the middle of the month declining oil… Read More ›

Posted February 28, 2017

More New All-Times Highs

February has historically been a difficult month for the market, as it is one of only 3 months where the average return has been negative. This month we were reminded history is simply a guide, not an absolute.  The market moved higher from the first day and never looked back, as the post-election rally continued into a fourth month.  Not only was the market higher every week during February, but the Dow… Read More ›

Posted February 1, 2017

Post Election Rally Rolls On

January is traditionally a good month for the market but, after gaining 7.4% from election week through the end of the year, many wondered if we had taken some of those gains “in advance”. However, in true January fashion the market moved strongly higher during the first week of the month and never looked back. There was some backing and filling mid-month, but another strong week last week with the major indices… Read More ›

Posted December 30, 2016

Santa Claus Rally

December is typically a good month for the market.  Over the past 90 years only July has better average gains than December, and the last month of the year has the most “up” finishes of any month, ending higher 73% of the time.  Some were concerned the strong gains in November may have stolen some of the gains we typically see in December, but that was not the case, as the post-election… Read More ›