Markets were undeterred this week and closed again at new all-time highs. All of the 11 S&P sectors closed higher, real estate +4.8%, led, followed by discretionary +2.6%, utilities +2.4%, and tech +2.3%. Energy underperformed despite a bounce in crude oil. It’s fair to say that the coronavirus remains a…

Equity markets gained back all of last week’s losses then made new all-time highs, again. Investors looked past the Coronavirus threat even as the number of infected continues to grow. The virus now has infected more people, 37k, than the 2003 SARS outbreak. US payroll data showed the economy created 225k jobs…

The short term trend turned decidedly negative this week as the equity markets had to start digesting the expanding coronavirus. Friday saw the heaviest volume of the year, with the Dow falling 2.1%.  The S&P currently sits 3.12% off the highs of Jan 17th. Helping the negativity was a flat 4th…