August 2023 Market Commentary

August 2023 Market Commentary

As August began, it wasn’t much of a surprise to see the market start to pull back a bit from its over-stretched and over-bought conditions.  The stock market can only run up (or down) like that for so long before it needs to take a break.  It often reverts back to an...
July 2023 Market Commentary

July 2023 Market Commentary

I think this year’s stock market seasonality got the June/July results backwards.  Little was expected in June, but the month turned out well.  July is usually expected to be a good month, but has been underwhelming.  At least, not as positive as we were expecting. ...
June 2023 Market Commentary

June 2023 Market Commentary

Here we are, half way through 2023 already!  While things seem to look OK when you look at major indexes (like the S&P 500 or the NASDAQ 100), there are definitely some issues underneath the surface we have to remain aware of.  You’d think the market is healthy...
May 2023 Market Commentary

May 2023 Market Commentary

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

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 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...