Investment Commentary – May 16, 2023 Year to Date Market Indices as of March 16, 2023 • Dow 33,012 (-0.41%) • S&P 4,109 (7.04%) • NASDAQ 12,343 (17.93%) • OIL $70.53 (-12.40%) • Barclay Bond Aggregate (1.98%) • Gold $1,993 (8.91%) J.P. Morgan Market Update The end of the 1Q23 earnings season is approaching, and [...]
Investment Commentary – May 10, 2023 Year to Date Market Indices as of May 10, 2023 • Dow 33,548 (1.82%) • S&P 4,132 (7.28%) • NASDAQ 12,254 (16.37%) • OIL $73.02 (-9.39%) • Barclay Bond Aggregate (2.91%) • Gold 2,040 (11.49%) Marketwatch: U.S. consumer price inflation below 5% for first time in two years Headline [...]
Investment Commentary – April 11, 2023 Year to Date Market Indices as of April 11, 2023 • Dow 33,684(1.62%) • S&P 4,108 (7.02%) • NASDAQ 12,031 (14.96%) • OIL $81.46 (1.18%) • Barclay Bond Aggregate (2.91%) • Gold (10.32%) When is the last day to file taxes in 2023? April 18 is the federal tax [...]
Investment Commentary – March 23, 2023 Year to Date Market Indices as of March 23, 2023 • Dow 32,312 (-3.65%) • S&P 3,989 (2.29%) • NASDAQ 12,824 (14.92%) • OIL $70.53(-12.43%) • Barclay Bond Aggregate (2.85%) • Gold 1,974 (7.87%) Fed hikes rates by a quarter percentage point, indicates increases are near an end WASHINGTON [...]
Investment Commentary – March 15, 2023 Year to Date Market Indices as of March 15, 2023 • Dow 31,721 (-4.63%) • S&P 3,867 (0.42%) • NASDAQ 11,310 (7.91%) • OIL $68.39 (-15.35%) • Barclay Bond Aggregate (1.35%) • Gold 1,930 (4.54%) Inflation gauge increased 0.4% in February, as expected and up 6% from a year [...]
Investment Commentary – February 15, 2023 Year to Date Market Indices as of February 15, 2023 • Dow 33,963 (2.35%) • S&P 4,123 (7.25%) • NASDAQ 11,943 (13.97%) • OIL $78.00 (-3.13%) • Barclay Bond Aggregate (1.35%) • Gold (6.21%) How [...]
Investment Commentary – January 31, 2023 Year to Date Market Indices as of January 31, 2023 • Dow 34,086 (2.8%) • S&P 3,855 (6.13%) • NASDAQ 10,915 (10.6%) • OIL $85.12 (-1.74%) • Barclay Bond Aggregate (3.3%) • Gold (6.21%) Fed set to slow interest rate hikes again as inflation cools Federal Reserve to continue [...]
Investment Commentary – December 28, 2022 Year to Date Market Indices as of December 28, 2022 Dow 33,416 (-8.16%) S&P 3,855 (-18.68%) NASDAQ 10,915 (-32.90%) OIL $85.12 (5.08%) Barclay Bond Aggregate (-14.15%) Gold (-0.93%) ProShares Market Commentary: December 2022 Simeon Hyman November was a great month for stocks and bonds. The S&P 500® was up [...]
Investment Commentary –December 15th, 2022 Year to Date Market Indices as of December 15th, 2022 • Dow 33,277 (-8.16%) • S&P 3,911 (-17.87%) • NASDAQ 10,892 (-30.23%) • OIL $85.12 (12.84%) • Barclay Bond Aggregate (-8.36%) Here’s what the Federal Reserve’s half-point rate hike means for you The Federal Reserve raised interest rates for the [...]
Investment Commentary – November 16, 2022 Year to Date Market Indices as of November 16, 2022 • Dow 33,595 (7.56%) • S&P 3,976 (-16.25%) • NASDAQ 11,258 (-28.89%) • OIL $85.12 (12.84%) • Barclay Bond Aggregate (-14.62%) Consumer prices rose 0.4% in October, less than expected, as inflation eases The consumer price index increased 0.4% [...]