Turn up the vol(ume)atility, drown out what really matters

From the epic movie, The Hunt for Red October, the following series captures what happens when volatility spikes in the markets:   “They’re pinging away with their active sonar like they’re looking for something, but nobody’s listening. Captain Davenport: Well, they’re moving at almost forty knots. At that speed, they could run right over my daughter’s […]

Come Thou Long Expected Correction

Phew! October proved to be one of the wildest months for the stock market in recent memory. At one point intraday on October 15th, the S&P 500 had declined about 9.9% from it’s all-time high — we’ll call this “close enough” to the 10% territory that defines a true stock market “correction,” which is something […]

Sluggish September for Key Sectors of the Market

Despite a generally encouraging domestic backdrop for stocks, the S&P 500 fell approximately 1.4% in September. The third quarter, which featured more volatility than we have seen in several previous quarters, resulted in an overall modest gain of around 1% for the S&P 500. As a result of improving economic data, several of the major […]

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, […]