Monthly Market Updates

Posted November 30, 2017

Tax Reform Rally

November is historically one of the better months of the year for the market, but after strong gains in the typically weak months of August and September, we wondered what was left. The market did struggle early in the month as the first full week saw the S&P 500 close lower for the first time in 2 months, and the widely followed index closed fractionally lower the second week as well.  Thanksgiving… Read More ›

Posted November 1, 2017

October Not A Problem

September and October have historically been difficult months for the market, but there was nothing spooky this year, as the rally that began on election day continued into a 7th consecutive month, something we haven’t seen in over 5 years.  The major indices each hit new all-time highs on multiple occasions during the two months and economic numbers continued to point toward a rapidly expanding economy.  This month we began to see… Read More ›

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 ›