Market Accepts Ice Bucket Challenge, Moves Higher in August

Last month, we wrote about how the market rally had frozen in the face of several obstacles that appeared throughout the month. Fortunately, August saw the market shake off those chills and move higher for the month, making new all-time highs in the S&P 500. Over the course of August, the S&P 500 rose approximately […]

Bull Market Put on Ice in July

You said that we were gonna last forever You said our love would never die It looks like spring and It feels like sunny weather But it’s a cold day in July –Richard Leigh (as performed most recently by the Dixie Chicks) Unseasonably cool weather the last week in July spilled over into the markets, […]

Markets Declare Independence from Gloomy Data in June

As the Fourth of July approaches, the U.S. markets continued their move higher, with the S&P 500 gaining approximately 1.9% for the month.  Although there were a lot of encouraging economic reports throughout the month, the market did have to sidestep a few notable “negatives” in order to continue its advance. First, the good news: […]

Solid Month for Stocks

The month of May proved to be better for stocks than many financial pundits predicted, with the S&P 500 rising 2.3% to close at an all-time high, and the NASDAQ rose 3.1% based on strength in some of the large technology companies throughout the month. As usual, the data were mixed throughout the month, but […]

April Showers Can’t Dampen Markets

Despite some volatility throughout the month, especially in the so-called “momentum stocks,” the S&P 500 was pretty flat for the month. The NASDAQ, which is home to many of the bio-tech and technology stocks that suffered the most volatility in April, finished down about 2% but had been down as much as 6% midway through […]