Weekly Market Commentary, December 27, 2016

December 27, 2016  | By Robare & Jones

The Markets The markets continue to rise sometimes pausing only to catch a breath. The Dow Jones Industrial Average (DJIA) touched a record high of 19,987.63 on December 20 and its quest for the 20,000 level continues. The bulls have added nearly 1,900 points since the November 8 elections on optimism about pro-business policies the new Trump Administration may adopt. While most may acknowledge that the markets seem overpriced now, there are expectations of lower capital gain taxation under the Trump Administration which … Read More

Weekly Market Commentary, December 20, 2016

December 20, 2016  | By Robare & Jones

The Markets Global markets ended last week’s trading session on a mixed note. Our domestic markets were roughly flat with the Dow Jones Industrial Average notching a 0.43 percent return while the S&P 500 and the NASDAQ Composite were both down 0.08 percent and 0.15 percent, respectively. Internationally, Europe, as measured by the MSCI Europe Index, was the clear outperformer with a 0.14 percent. Asian markets, however, experienced a broad selloff with Japan’s Nikkei 225 Average off 0.62 percent for … Read More

Weekly Market Commentary, December 13, 2016

December 13, 2016  | By Robare & Jones

The Markets It was another great week for the equity investor. Last week, global markets generally posted strong gains with our own major indices up over 3 percent. More specifically, the S&P 500 and Dow Jones Industrial Average were up 3.08 percent and 3.06 percent, respectively, while the NASDAQ Composite was the clear outperformer, posting a 3.59 percent. Japanese equities were up as well with the Nikkei 225 average notching a 1.86 percent gain while European equities, as measured by … Read More

Weekly Market Commentary, December 6, 2016

December 6, 2016  | By Robare & Jones

The Markets Of the three major U.S. indices, only the Dow Jones Industrial Average eked out a positive return last week. The S&P 500 and the tech-heavy NASDAQ Composite were down 0.97 percent and 2.65 percent, respectively, while the aforementioned Dow Jones was up just 0.10 percent. International markets didn’t fare much better. Japan’s Nikkei 225 Average was down 0.47 percent for the week and the MSCI Europe index was off 0.33 percent.     Shifting Fund Flow Since the … Read More