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Oil Hits the Skids

Weekly Market Commentary 10.20.2014 The S&P 500 fell 1% last week (October 13 – 17, 2014) in volatile trading, leading market participants and media pundits to speculate on how far the stock market slide—now just over 6% from the September 18, 2014, closing high — might go. In last week’s Weekly Market Commentary, “Pullback Perspective,” […]

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Pullback Perspective

Weekly Market Commentary 10.13.2014 This latest stock market pullback has provided an unwelcome reminder that stocks do not always go up in a straight line. Even within powerful bull markets such as this one, pullbacks of 5 – 10% have been quite common and do not mean the bull market is nearing an end. In […]

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Earnings Preview: Welcomed Opportunity

Weekly Market Commentary 10.06.2014 The global headlines are certainly not uplifting these days: Russia-Ukraine, Iraq, Syria, Hong Kong, Ebola, etc. All of these challenges are sources of investor anxiety that have led to bouts of selling pressure on the U.S. stock market in recent weeks. The good news is that even with the sell-off in […]

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Don’t Fight the (xFEDx) ECB? (Part 1 of 2)

Weekly Market Commentary 9.15.2014 The European Central Bank (ECB) announced bold stimulus measures, including further cuts to key interest rates and an asset-backed securities (ABS) purchase plan, on September 4, 2014. The moves are an acknowledgment of the recent deterioration in the Eurozone economy and increased deflation risk. This decision follows the historic move to […]

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Back to School With the Three Rs: Revenues, Reinvestment, and Renaissance

Weekly Market Commentary 9.08.2014 Summer vacation is over and children are going back to school. As kids return to the classroom to learn the fundamentals of the “three Rs” (reading, ‘riting, and ‘rithmetic — but clearly not spellin’), in this commentary we return to the basic fundamentals of investing and look at some of the […]

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Midterms May Mean More Gains for Stocks

Weekly Market Commentary 9.02.2014 With the midterm elections now just two months away and campaigning starting to heat up, we thought we would share our current views on the political landscape and what it may mean for U.S equities. In our two Outlook 2014 publications for this year, we posited that the U.S. economy and […]

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Ready, Set, HIKE!

Weekly Market Commentary 8.25.2014 In only 10 days, the NFL regular season begins. Teams and coaches will be analyzing each other’s moves and plays, looking for any indication that can give them an edge to succeed. Some will play strong offense, others good defense from the moment of the first kickoff. Although some big plays […]

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Crystal Ball?

Weekly Market Commentary 8.18.2014 Since the dawn of financial markets, investors have been searching for signals of impending declines. Many economic indicators correlate highly with the stock market, which means they are coincident and not leading, and they tend to move at the same time as stocks. Some are lagging, meaning they move after stocks, […]

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Turning Down the Noise

Weekly Market Commentary 8.11.2014 Volume has picked up during the recent downturn. No, we are not talking about trading volumes; we are talking about the volume from your TVs with talking heads warning about an impending stock market downturn. If you turn off the TV and focus on what the market is telling you, rather […]

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Stock Market Valuations Suggest Bull Market Still Has Teeth

Weekly Market Commentary 8.04.2014 After hitting another all-time high on July 24, the S&P 500 Index fell for six consecutive trading days, leading to a 2.7% drop for stocks for the week ending August 1, 2014. Losing almost 3% in a week seems a minor concern given historical market ups and downs, especially in the […]

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