New Year Starts with Record Highs

Weekly Update – January 9, 2017 The first trading week of 2017 is over, and during this time, all three major domestic indexes hit record highs. The DOW reached 19,999.63 in intra-day trading on Friday, January 6 —just 0.37 away from achieving 20,000 for the first time. On the same day, the S&P 500 and [...]

January 9th, 2017|

17 Financial Resolutions for 2017

With the start of the new year, now is the time to start thinking about how you’ll make 2017 fulfilling and fruitful for you and your loved ones. For more than 4,000 years, many people have celebrated the start of their new year by making promises to change their behavior or improve themselves. And it’s [...]

January 5th, 2017|

Special Update: 2016 in Review

Weekly Update – January 3, 2017 Looking back on the final trading week of a very eventful year, we saw low volume and a break from the recent rallies for domestic indexes. While international stocks in the MSCI EAFE added 0.56%, all major U.S. indexes declined. The S&P 500 lost 1.10%, the Dow was down [...]

January 3rd, 2017|

Fed Raises Rates

Weekly Update – December 19, 2016 Last week was mixed for the markets, as the Dow increased by 0.44%, while the S&P 500 lost 0.06%, the NASDAQ dropped 0.13%, and the MSCI EAFE gave back 0.55%. We also saw a variety of data released, giving a similarly mixed view of recent economic activity. Retail sales [...]

December 19th, 2016|

Understanding the Election and Market Surprises

As the end of 2016 grows closer, we have to say that this has certainly been an eventful year. A long presidential election campaign left many Americans feeling bruised and more divided than ever. And many people were surprised when Donald Trump emerged as the victor. Similar to Brexit’s unexpected win in June, election polling [...]

December 12th, 2016|

Stocks Up, Fed Increase Likely

Weekly Update – November 21, 2016 For the second straight week, the major domestic indexes all ended in positive territory: The S&P 500 was up 0.81%, the Dow increased 0.11%, and the NASDAQ added 1.61%. While American indexes performed well, MSCI EAFE’s international equities declined 1.58%. With the long, drawn-out presidential election behind us, investors [...]

November 21st, 2016|

Stocks Down but Long-Term View Up

Weekly Update – November 7, 2016 I will get to the Market Commentary in a bit, but first: We owe all of you and big "Thank You!" We celebrated 7 years of business this past Friday, November 4th. We continue to be grateful for the trust you place in us and we renew our commitment [...]

November 7th, 2016|

Big Headlines Drive the Markets

Weekly Update – October 31, 2016 At first glance, last week’s headlines may lead you to think that the markets are fluctuating more than they actually are. Yes, Hillary Clinton’s emails are in the news again (more on that below)—but despite that surprise, the major indexes stuck to the same range-bound performance we’ve seen for [...]

October 31st, 2016|

A Quiet Week Ends With Indexes Up

Weekly Update – October 24, 2016 After a two-week losing streak, U.S. indexes ended in positive territory across the board. The S&P 500 increased by 0.38%, the Dow was up 0.04%, and the NASDAQ gained 0.83%. The MSCI EAFE, a measure of international developed nations’ performance, increased 0.93%. Of course, seeing positive weekly results is [...]

October 24th, 2016|

How Much Will Hurricane Matthew Cost?

Though stocks rose Friday after statements from Federal Reserve officials, the major indexes ended the week lower amid choppy trading. For the week, the S&P 500 lost 0.96%, the Dow fell 0.56%, the NASDAQ dropped 1.48% and the MSCI EAFE declined 1.40%. Counting the Cost of Hurricanes Whenever disaster strikes, people often wonder: What’s all [...]

October 17th, 2016|