Monthly Market Updates

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 ›

Posted November 30, 2016

Post Election Rally

Coming into the month all eyes were on the election. Money managers saw two possible outcomes, a likely Clinton victory that would mean more of the same, or a surprise Trump victory that most believed would create a large market selloff. It isn’t that the market liked one candidate more than the other, but the market does not like the uncertainty that most thought a Trump victory would bring.  Not only was… Read More ›

Posted October 31, 2016

October Weakness

The month of October has historically seen the market close higher, but it has been home to some of the worst market meltdowns, so it is always approached with caution. The one thing that we can usually depend on during the month is volatility, but this year October was one of the lowest volatility months of the year.  There was a tsunami of earnings reports during the month, with companies reporting strong… Read More ›