11 Apr 2024
April 11, 2024

2024 – 1st Quarter Commentary

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The first quarter of 2023 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 →

03 Jan 2024
January 3, 2024

4th Quarter of 2023

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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 →

05 Oct 2023
October 5, 2023

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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 →

05 Jul 2023
July 5, 2023

2023 – 2nd Quarter Commentary

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The US stock market continued its bullish trend through the 2nd quarter.  Primarily on the backs of seven tech stocks which heavily outperformed the broader market.  Without the returns of those seven stocks the S&P performance for the year would be near zero.  The Federal Reserve’s efforts to fight inflation by raising interest rates took.. read more →

10 Apr 2023
April 10, 2023

2023 – 1st Quarter

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The Federal Reserve continued to be the driver in the stock market for the first quarter.  The market appeared to have bottomed in October of last year.  The bad news is the uptick was on the back of just ten stocks while the broader market continued to underperform.  That is not a good indication of.. read more →