by Kenny | Jan 22, 2023 | Weekly Market Commentarfy, Weekly Market Commentary
Weekly Market Commentary – 1/20/2023 -Darren Leavitt, CFA Inflation data showed prices easing in the US and Europe while Japanese CPI hit a level not seen since the 1980s. The downtrend in US producer prices, coupled with weaker-than-expected US retail sales...
by Kenny | Jan 16, 2023 | Weekly Market Commentarfy, Weekly Market Commentary
Weekly Market Commentary – 1/13/2023 -Darren Leavitt, CFA Equity markets continued to rally in the second week of January as investors considered the idea of a Fed-orchestrated soft landing. An inline December CPI showed consumer prices falling on the headline...
by Kenny | Jan 9, 2023 | Weekly Market Commentarfy, Weekly Market Commentary
Weekly Market Commentary – 1/6/2023 -Darren Leavitt, CFA The start of the New Year brought volatility with it. Markets sold off early in the week and tested a critical technical level on the S&P 500 (3800), then bounced significantly to regain support and...
by Kenny | Jan 3, 2023 | Weekly Market Commentarfy, Weekly Market Commentary
Weekly Market Commentary – 12/30/2022 -Darren Leavitt, CFA Financial markets finished the final week of 2022 trading with a whimper. Year-end tax-loss harvesting and asset class rebalancing accounted for much of the volume in light trade. The technical level...
by Kenny | Dec 26, 2022 | Weekly Market Commentarfy, Weekly Market Commentary
Weekly Market Commentary – 12/23/2022 -Darren Leavitt, CFA The S&P 500 incurred its third straight weekly loss as investors assessed the increasing likelihood of a global recession and its impact on current earnings estimates. Markets also had to contend...
by Kenny | Dec 18, 2022 | Weekly Market Commentarfy, Weekly Market Commentary
Weekly Market Commentary – 12/16/2022 -Darren Leavitt, CFA US equity markets started the week recouping from last week’s losses in hopes of a cooler CPI print and a more dovish stance from the Federal Reserve Open Market Committee. Investors did cheer a...
