In July, markets again had outstanding performance. For the month the S&P500 Index was up +3.56%, YTD was up +6.34%, and TTM registered +3.32%. YTD sector leaders include Telecom, Utilities, and Energy. The 10 Year Treasury yield for the month was down 1 basis point to 1.50%. Download the PDF for the full review.
Markets across the board had great returns for the month of March 2016. The S&P 500 was up +5.73%, the Dow +6.28%, and the NASDAQ +6.09. The energy sector was the clear winner for March and pharmaceuticals largely were the worst performers. The 10 year Treasury was flat for the month, up 3bps to yield[…]
As we rang in the New Year, the three C’s – China, Commodities and Central Banks, continued to dominate the news wires and fueled volatility in equity markets. 2016 started off on a sour note as investors poured out of risky assets, oil plummeted, the Bank of Japan implemented negative interest rates on excess reserves[…]
So much for the calendar year or election cycle prognostications. The past year was supposed to be a good one as years ending in “5” have nearly all been good and the third year in a presidential term has historically been the strongest. 2015 was anything but, as investors focused on plunging energy prices, the[…]
The markets continue to be volatile for the year and performance remains negative. The S&P 500 Index is down -5.47% for the two months. At month-end, the 10 Year Treasury was yielding 1.73%. Check out the PDF for the balance of February’s market summary.
What the market gave in October it took away in November. The S&P 500 index was down slightly for the month, registering a return of negative -.48%. For the year, the S&P 500 is up a meager +1.04%, but positive nonetheless. We’ve said all along that if the markets can be no worse that flat[…]
The markets were up substantially during October as the S&P 500 registered a gain of +8.30%. This managed to push the year-to-date return slightly positive at +.99%. Trailing 12 gains were a less than respectable +3.04%. Check the PDF for all the details.
It finally happened. After nearly four years, stocks suffered a correction in late August. Sure, it hurts to lose money, just like it always does. But I’m a numbers guy, so I find it helpful to review the historical record for the frequency and severity of such events, and more importantly, what to expect on[…]
Uncertainty about Fed policy, woes in China, and sliding commodity prices weighed heavily on the equity markets in the third quarter, bringing about the long awaited correction that had eluded stocks for almost 4 years. Global growth concerns took center stage as China’s economy continues to slow. The Chinese government took the markets by surprise[…]
The markets continued their downward trajectory during September with the S&P 500 Index registering a return of -2.64%, bringing the year to date decline to negative -6.74%. For the trailing 12 months, the S&P 500 is down -2.65%. Year-over-year, crude oil is down from about $95.00/bbl to ~ $45.00/bbl, or a decline of almost 53%[…]