The last thing I was expecting this month was a nearly flat market. Sure, there have been some interesting ups and downs, but as I write this at the end of May, the S&P 500 is still where it was in early-February. There has been a lot of political drama around...
April 2023 Market Commentary
Our expectations for April were higher than what reality gave us. Just as I was writing last month’s market commentary, things were starting to look up. Sector strength was improving. Money flow was turning positive. And seasonality factors suggested a reasonable...
March 2023 Market Commentary
March is historically a strong month for the stock market. However, this year, it wasn’t until around the middle of the month that we saw most markets start to make gains. While those gains were focused on the Technology and NASDAQ space, the S&P 500 also showed...
February 2023 Market Commentary
After a solid start to the year and positive results in the stock and bond markets in January, February hasn’t fared as well. Both the S&P 500 and the NASDAQ 100 peaked on February 2nd and have been making a slow and wandering move downwards ever since. In fact,...
January 2023 Market Commentary
Happy New Year! Since I was born in the year of the Rabbit, I’m excited about what is possible. And since the Rabbit is a symbol of peace and prosperity, I like what that means for 2023. After a slow start to January, the stock market seems to share my optimism for...
December 2022 Market Commentary
It’s “Santa Clause Rally” time and Santa is nowhere in sight! Historically, the last 5 trading days of December and the first two trading days of January are when that “rally” is supposed to happen. But this year, it looks like we (the collective “we”) are...
November 2022 Market Commentary
The stock market environment might really be improving this time, but there are still a few barriers that need to be overcome. Even the bond market is acting better than it has all year. Since bottoming in early October, the major US stock...
October 2022 Market Commentary
The major US stock indexes appear to be finding some stability, even if it is just in the short term. For context: as of October 26th, the S&P 500 is down -18.65% year to date, after being down -24.50% at its low point on October 12th. The NASDAQ100 is...
September 2022 Market Commentary
A historically weak week in the S&P500 was again historically weak. It wasn’t much of a surprise to see the major stock markets in both the US and globally have a tough time in September. Last month we suggested the positive movement in July was likely...
August 2022 Market Commentary
While July turned out to be a decent month for most stock and bond indexes, August hasn’t been able to continue that momentum. As of Wednesday’s close, both the S&P 500 and the NASDAQ 100 are very close to being flat for the month. And the Aggregate...
July 2022 Market Commentary
July may end up being the best month of 2022 so far, if it can hold up the gains it made this week, post-Federal Reserve Rate hike. However, the major US indexes still have a ways to go just to get back to where they started at the beginning of this year. ...
June 2022 Market Commentary
As we are near the finish of the first half of 2022, most major stock markets have continued the ugliness that began right at the first of the year. As of Wednesday, June 22nd, the year-to-date numbers on the S&P 500 are near -20% and the NASDAQ 100 is down...


