by David Wagner | Mar 4, 2024 | Blog, Market Updates
February ‘24 Market Recap: Helped by better-than-expected earnings, the S&P 500 (+5.3% total return) clocked a fresh high in Feb. But just 26% of stocks outperformed the index, similar to recent months, and 45% of the index’s gain came from four stocks:...
by David Wagner | Feb 13, 2024 | Blog, Market Updates
S&P 500 Earnings Recap – Q4 2023 Fox Business (Varney) – Earnings Interview Heading into this year, at the market level, I continued to state that “the burden of proof remains with the bears”. I still agree with this statement at the market level. But,...
by David Wagner | Feb 7, 2024 | Blog, Macro Updates
As many of you know, we have our ear to the ground with partners across the country – something we are proud to say. Another thing that we are very proud about is bringing Brian Jacobs, CFA on board to help lead us in client and fund development. In fact, today’s...
by David Wagner | Feb 1, 2024 | Blog, Market Updates
January ‘24 Market Recap → Good Start, Bad Breadth: Despite the S&P 500 rally, the equal-weighted S&P 500 fell 0.7% as breadth narrowed to just 34% (% of stocks ahead of S&P 500), a bottom 3rd percentile in history. The “Nifty 50” gained 3.0%,...
by David Wagner | Jan 19, 2024 | Blog, Market Updates
S&P 500 Earnings Preview – Q4 2023 It’s common knowledge that if the market endures two (2) consecutive quarters of negative GDP growth, it is considered a recession (most of the time, not every time—as we learned last year). Well, the market had been in an...
