Weekly Market Commentary, July 26, 2016

July 26, 2016  | By Robare & Jones

The Markets Equities continued moving higher this week and posted new all-time highs for the second week in a row. Both the Dow Jones Industrial Average and the S&P 500 eked out record levels by gaining just 0.3 percent and 0.6 percent, respectively. The technology heavy NASDAQ Composite posted a more impressive gain of 1.4 percent. The strength came from accommodating economic data and a generally favorable tone to early quarterly earnings results that were reported during the week.   … Read More

Weekly Market Commentary, July 19, 2016

July 19, 2016  | By Robare & Jones

The Markets Both the S&P 500 and the Dow Jones Industrial Average hit all-time highs last week amidst the backdrop of a stronger domestic job market and uncertainty stemming from global growth concerns, the Brexit, and an attempted coup in Turkey. Analysts attribute the pop in markets to catalysts such as a rebound in oil and a weakening U.S. dollar, as well as indications of additional stimulus from Japan’s government designed to kick start their sputtering economy. In addition, retail … Read More

Weekly Market Commentary, July 12, 2016

July 12, 2016  | By Robare & Jones

The Markets Domestic markets ended last week’s shortened trading session up again, continuing the positive momentum. The Dow Jones Industrial Average, S&P 500, and NASDAQ Composite were all up over 1 percent with the NASDAQ Composite leading the way at 1.94 percent. International markets, however, were mixed last week with European stocks, especially those in the U.K., falling over 2 percent as a whole. The June employment report showed far more jobs had been created than expected. Once again, this … Read More

Weekly Market Commentary, July 6, 2016

July 6, 2016  | By Robare & Jones

The Markets Second quarter ended with a spectacular finale of Brexit-inspired market volatility. Investors typically welcome sharp market movements with about the same level of enthusiasm that canines show for fireworks. However, recent market agitations highlighted a key tenet of investing: Volatility often creates opportunity. Following an initial Brexit sell-off, global markets rebounded. Last Friday, Financial Times reported: “Global equity indices continued their stunning post-Brexit vote recovery, “core” government bond yields hovered near record lows, and sterling stayed in sight … Read More