by Kenny | Apr 11, 2021 | Weekly Market Commentarfy, Weekly Market Commentary
-Darren Leavitt, CFA Markets continued to rally, but the advance came on quiet trading volume. Robust economic data coupled with a solid economic outlook from JP Morgan’s CEO Jamie Diamond catalyzed buying. First-quarter earnings start in earnest in the coming week,...
by Kenny | Mar 27, 2021 | Weekly Market Commentarfy, Weekly Market Commentary
Weekly Market Commentary – 3/26/2021 -Darren Leavitt, CFA It was a mixed week on Wall Street that saw continued quarter-end rebalancing that supported pro-cyclical issues and hindered mega-cap growth issues. For the week, the S&P 500 gained 1.6%, the Dow...
by Kenny | Mar 20, 2021 | Weekly Market Commentarfy, Weekly Market Commentary
Weekly Market Commentary – 3/19/2021 -Darren Leavitt, CFA It was a hectic week on Wall Street that saw the major US equity indices fall as interest rates continued to rise. All eyes were on the Federal Reserve’s two-day FOMC meeting that concluded on...
by Kenny | Mar 14, 2021 | Weekly Market Commentarfy, Weekly Market Commentary
Weekly Market Commentary – 3/12/2021 -Darren Leavitt, CFA The S&P 500, Dow, and Russell 2000 equity indices made fresh all-time highs for the week while the NASDAQ rebounded from its sell-off over the last couple of weeks. President Biden signed the 1.9...
by Kenny | Mar 7, 2021 | Weekly Market Commentarfy, Weekly Market Commentary
Weekly Market Commentary – 3/5/2021 -Darren Leavitt, CFA US financial markets finished the week with mixed results as another spike in interest rates induced a sharp sell-off in growth stocks. Inflation concerns were heightened on commentary from Federal...
by Kenny | Feb 28, 2021 | Weekly Market Commentarfy, Weekly Market Commentary
Weekly Market Commentary 2/26/2021 -Darren Leavitt, CFA A continued steepening of the yield curve induced selling of all asset classes throughout the week. Economic growth expectations have stoked inflation fears, sending the 10-year note yield fifty-two basis points...
