January 2023 Market Commentary

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...

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December 2022 Market Commentary

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...

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November 2022 Market Commentary

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...

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October 2022 Market Commentary

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...

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September 2022 Market Commentary

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...

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August 2022 Market Commentary

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...

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July 2022 Market Commentary

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. ...

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June 2022 Market Commentary

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...

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May 2022 Market Commentary

May 2022 Market Commentary

After an exceptionally ugly April 2022, with the S&P 500 (SPY) down -8.78% and the Nasdaq (QQQ) down -13.60%, market ugliness continued into May – just not as dramatically.  So far in May (through the 25th) the SPY is down -3.55% and QQQ is down -7.02%. ...

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April 2022 Market Commentary

April 2022 Market Commentary

Market Volatility continues.  While the second half of March started to look like the stock market environment was improving, April came in and immediately changed that back to negative.  And for most of the month, the major stock (and surprisingly the bond)...

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March 2022 Market Commentary

March 2022 Market Commentary

After an exceptionally rough start to 2022, the stock markets seem to be taking a short break from the ugliness we have continually seen until the past week.  That’s a lot of negative days and very few positive ones so far this year.  However, at the very...

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February 2022 Market Commentary

February 2022 Market Commentary

When looking at possible issues the stock market could face in the first quarter of 2022, we never thought a Russian invasion of Ukraine would be on the list.  As usual, the biggest factors are the ones we can’t yet see or even perceive.  Interestingly,...

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