Weekly Market Commentary

Giddy up!  US equity markets ripped higher in the first week of August as 2nd quarter earnings continued to impress.  According to FactSet, 88% of the S&P 500 have reported earnings, of which 86% have beaten Earnings Per Share estimates, while Earnings Per Share...

It was an extremely busy week on Wall Street, with investors having to assess increased geopolitical tensions in the Middle East alongside a deluge of corporate 2nd-quarter earnings results, several central bank monetary policy decisions, and a full economic...

US equity indices declined for a second consecutive week despite a strong start to second-quarter earnings. With just over 25% of the S&P 500 reporting, top- and bottom-line growth rates have been better than anticipated. Results this week from Google, Intel, and...

Markets took a step back last week despite a better-than-expected start to second-quarter earnings and benign inflation data.  Semiconductor names continued to come under pressure, especially the memory names, as the sector entered into bear territory, off 20% in just...

US markets finished the week mixed in volatile trade.  The rotation from technology into other parts of the market reversed this week, as leadership from mega-cap tech names and semiconductors powered the market higher.  News that China would allow the purchase of...

The holiday-shortened week saw the end to the best 2nd quarter in six years as the S&P 500 added over $8 trillion in market value.  The Semiconductor sector recorded its best quarter ever with a gain of 87.75% as AI demand for chips continued.  That said the...

Markets finished the week mixed, with a noticeable rotation out of mega-cap technology issues to healthcare, real estate, and consumer staples.  Concerns about the return on investment from a massive capital-expenditure binge on artificial intelligence resurfaced. ...

Happy Father’s Day to all the fathers out there.  The holiday-shortened week brought gains to US equities and saw the Japanese and South Korean markets forge new all-time highs.  The signing of a memorandum of understanding between the US and Iran extended the...

It was a hectic week on Wall Street as investors contended with heightened tensions in the Middle East, awaited the largest IPO in history, and received elevated inflation readings.  The US and Iran appear to be very close to extending a fragile ceasefire, but as I...