August 2025 Market Commentary

August 2025 Market Commentary

We were expecting volatility to pick up in August, but that hasn’t really happened. After a quick drop at the end of July, most broad indexes marched higher – at least until the middle of the month. After that, I think the market took a vacation and largely went...
July 2025 Market Commentary

July 2025 Market Commentary

This slow grind higher continues!  July tends to be a strong month for the US Indexes according to seasonality, and it did grind higher, just not very quickly.  But looking at seasonality, August is where things could get interesting.  Or at the very least, more...
June 2025 Market Commentary

June 2025 Market Commentary

Much like in May, we saw the market hit a peak right at the midpoint of the month and then drift lower for a bit. But this time, it looks like the US Large Cap indexes are trying to continue their move higher. Seasonality also suggests that July tends to be a positive...
May 2025 Market Commentary

May 2025 Market Commentary

The first half of May felt like a solid continuation of the rally that started in the 2nd half of April (after the messy, tariff-driven market madness).  However, since mid-May several US market indexes are slightly negative.  So the rally is starting to show...
April 2025 Market Commentary

April 2025 Market Commentary

The month of April brought continued volatility, largely driven by headlines – so much so that the fundamental and technical views of the market didn’t provide much helpful guidance. And while there is a lot of debate as to how the current economic situation (mostly...
March 2025 Market Commentary

March 2025 Market Commentary

The month of March gave us something we haven’t seen since 2022 – a 10% pullback in the S&P 500.  And while that can feel pretty brutal while it is happening, we’ve seen it recover about half of that drop already.  The question now is: Can the market return to new...