The S&P500 closed at new all-time highs every day last week. This 5 for 5 pushed the S&P above 3500 for the first time ever. The Dow will look slightly different this week as Salesforce, Amgen, and Honeywell will replace Exxon Mobil, Pfizer, and Raytheon Technologies prior to today’s market open….
Week 34 Talking Points
After 128 trading days, we have officially ended the drawdown by closing at new all-time highs on Friday. The gain this week made it four in a row, the longest stretch this year for the SP500. We also returned to the new normal this week, as growth trounced value by…
Week 32 Talking Points
Almost universally positive performance in the equity markets this week. Large, mid, small, growth, value, all major sectors, and most of the international markets ended up this week. Domestic did beat international, small beat large (for a change) with Industrials outperforming all other sectors. Gold closed above 2000 for the…
Week 31 Talking Points
Mega Cap Tech won the week again as the Nasdaq rose 3.7%, the S&P 500 gained 1.7%, the Dow lost 0.2%, and the Russell 2000 fell 0.9%. Apple, Amazon, Alphabet, and Facebook all reported earnings beats on Thursday sending shares higher Friday. Technology jumped 5.0%, real estate gained 4.1%, and…
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