Weekend Portfolio Analysis (May 27, 2017)

Market Analysis Upbeat corporate earnings and positive economic data helped support the continued rally in U.S. equities this week. The problems plaguing Washington which helped to fuel the one-day selloff last week were quickly dismissed as the S&P 500 Index and the Nasdaq Composite Index hit fresh all-time highs on Thursday. With 477 of the…

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Weekend Portfolio Analysis (May 20, 2017)

Market Analysis Volatility returned to the stock market this week, but only briefly. On Wednesday, markets plunged as political chaos intensified in Washington. Investors worried that the latest Donald Trump controversy – this time over former Federal Bureau of Investigation director James Comey – would distract from his administration’s policy plans. While the Dow and…

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Weekend Portfolio Analysis (May 13, 2017)

Market Analysis Despite a wave of economic data, corporate earnings announcements, and political drama in Washington, the market remained relatively stable this week. Headlines have been dominated by President Trump’s surprise firing of FBI Director James Comey. The political firestorm raises doubts about the ability of the president to reach consensus on health care reform,…

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Weekend Portfolio Analysis (May 6, 2017)

Market Analysis The stock market extended its gains this week due to improved economic growth. Friday’s non-farm payrolls report was fairly upbeat, with 211,000 added to payrolls in April, higher than the 190,000 expected. This was a huge improvement over March’s weak report (job gains of only 79,000). The unemployment rate fell to 4.4%, the…

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Weekend Portfolio Analysis (April 29, 2017)

Market Analysis Stocks staged a relief rally on Monday after Emmanuel Macron advanced to the final round of the French presidential elections. Solid first-quarter earnings reports took center stage on Tuesday with Caterpillar (CAT), McDonalds (MCD), and DuPont (DD) reporting better than expected top and bottom lines. However, on Wednesday the market paused after the…

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