October 18, 2023 Last quarter, we mentioned that we were likely to see a pause in the market after stellar performance the first half of the year. We expected we may see some “backing & filling”, profit taking, and maybe even as much as a 10% correction. The market was […]
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Reduced volatility and a resilient market in the first quarter 2023. The S&P500 was up about 7.5% while, with rotation back to growth versus value, the Nasdaq 100 was up about 21%. A bit of relief following a tumultuous 2022. Let us start with some statistics; they may provide some […]
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April 14, 2022 We started the 1st quarter 2022 after a strong 4th quarter 2021. The S&P500, DJIA and NASDAQ all finished the year at or near all-time highs. The market was unable to build on the December gains, and we hit some turbulence starting about the second week of January. We […]
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The year ended with a strong 4th quarter for the S&P500. It closed the quarter up 11.07% with nearly a 5% move the last 11 days. A Santa Clause rally? However, the technology-heavy Nasdaq underperformed the other major indices due to continued fear of inflation and higher interest rates. Higher interest […]
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Mark Sorensen | October 13, 2021 September is historically the worst month of the year for stocks, and it proved it in a big way this time. The S&P500 finished September with a loss of 4.8% but squeaked out a gain of .2% for the 3rd quarter 2021. It was widely anticipated […]
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Mark Sorenson | October 4, 2021
Read More Mark Sorenson | July 09, 2021 The second quarter ended with the DJIA, S&P500 and the NASDAQ all at, or near, all-time highs. That said, there was some renewed volatility created by inflation fears, a massive amount of sector rotation, housing price concerns and more. The interest rate on the […]
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