The 3rd quarter of 2024 was a positive one for most areas of the US stock market. The Dow and the S&P both hit new highs.  The Magnificent 7 stocks took a breather while the broader market participated in the upward market move.  The 3rd quarter saw the Federal Reserve pivot from rate hikes to.. read more →

The second quarter stock market performance was another cycle of rinse and repeat.  The market made its way through the quarter as it has since the fall of 2022, riding on the back of the tech stocks known collectively as the Magnificent Seven. The top ten stocks accounted for about 62% of the S&P total.. read more →

The first quarter of 2024 was one for the record books.  New record highs were recorded for the Dow, the Nasdaq Composite and the S&P 500.  The Magnificent 7 stocks which led the market up beginning with the October 2022 continued to be the driving force.  Facebook and Meta alone generated a third of the.. read more →

Happy New Year! And that ends the positive aspect of this commentary.  Be sure to like and share. The bull market that kicked off in October of 2022 continued almost to the last day of 2023.  Most of that rally was on the back of the so called Magnificent 7 stocks, basically a group of.. read more →

3rd Quarter Commentary 2023 The U.S. stock market fought an uphill battle during the 3rd quarter.  The Dow was down 2.2% for the quarter.  The S&P was down 3.1% and the Nasdaq was down 3.6%.  It was the end of the bear market rally which began last October when the so-called Magnificent 7 tech stocks.. read more →