Monthly Market Updates

Posted September 29, 2017

September To Remember

September has traditionally been a difficult month for the market, with the market ending the month in the red 55% of time. However, this is clearly not a normal year and the rally, that has carried the major indices to multiple new all-time highs during the year, continued into September.  Market participants appear to be focused on the potential corporate benefits of tax reform and have shrugged off hurricanes, floods, terrorists attacks… Read More ›

Posted September 1, 2017

S&P Erases Mid Month Decline

Over the past 30 years August has been the most difficult month for the market.  The market began the month with a continuation of the July rally, but then geopolitical concerns combined with turmoil in Washington to send the market lower mid-month, with a couple of triple digit down days and even the 2nd worst week of the year.  Market participants seem to be focused on tax reform so, despite Hurricane Harvey,… Read More ›

Posted August 1, 2017

Rally Back On

July has historically been the best month of the year for the market and this July, true to history, was the 2nd best month thus far in what has been a strong 2017.  Large cap tech continued to lead the way with all of the major indices hitting multiple new all-time highs during the month.  The Fed decided to leave interest rates unchanged and our first look at 2nd quarter GDP was… Read More ›

Posted June 30, 2017

Tech Weakness Weighs

June has historically been a positive month for the market and this June began with a strong rally to new all-time highs.  The month featured more volatility than we typically see, with multiple new all-time highs for the major indices, some of the best days this year, as well as some of the worst days this year.  Large cap tech has been leading the rally and mid-month we saw some profit taking… Read More ›

Posted May 31, 2017

Rally Rolls On

“Sell in May and go away” is an old adage that harkens back to the pre-high tech era when traders would raise cash ahead of summer vacations in the Hamptons.  We still hear the saying, but that is not what happened this year.  May is traditionally a quiet month and the first 3 weeks were very quiet, with little market movement.  At the end of the month, with President Trump traveling overseas,… Read More ›