Evaluating the Summer Rally

After another slow trading week, markets closed slightly down, with the S&P losing 0.50%, the Dow dropping 0.88%, and the Nasdaq losing 0.22%.[1] With the S&P 500 edging close to another record high, you might be wondering how much higher markets can go in this ‘sugar high’ rally. We’ve been asking this question too, and … Read more

Steadily Inching Forward

Investors experienced another quiet week as slow trading and modestly encouraging economic data failed to rouse much excitement. U.S. trading volume has declined in recent weeks as traders take vacations and investors wait for clues from the Fed summit at the end of the month and the ECB meeting in September. All the major indices … Read more

Can the Sugar Rally Stick?

After a very quiet summer week on Wall Street (half the traders must have been on vacation), markets closed up, consolidating the gains made since the June 4th low. Last week the S&P gained 1.07%, the Dow picked up 0.85%, and the Nasdaq gained 1.78%. Before getting into what transpired last week, let’s take a … Read more

Leadership Vacuum Weighs on Markets

Although the week started off slowly, markets experienced a couple of volatile trading sessions on Thursday and Friday with the Dow dropping more than 180 points on Thursday before surging more than 200 points on Friday with the release of some upbeat domestic economic reports. Overall, markets finished flat or slightly up with the S&P … Read more