Yearly Archives: 2019

Will the Bull Market Continue?

Review and Outlook During the second quarter the market moved modestly higher with a quick pullback in May. Our outlook is for a choppy range in the second half of the year with the bulk of the returns this year having been front loaded. There are many opposing forces the market will have to navigate [...]

By |2021-07-27T19:28:37+00:00July 16th, 2019|Market Commentary|0 Comments

The Bulls and Bears do Battle

Review and Outlook In our January Outlook we noted that “the fundamentals did not support a move much worse than this…as the market had become very oversold in December…we saw significantly large breadth in buying…this combination…rarely results in the market doing materially worse”. What resulted was in fact quite a rally, the extent of which [...]

By |2021-07-27T19:28:37+00:00April 15th, 2019|Market Commentary|0 Comments

Many Crosscurrents!

Review and Outlook In our October outlook we warned of more volatility to come. As it turned out, we got even more volatility than we expected. The market declined 13.5% during Q4, putting the S&P 500 at -4.4% for the year. The average stock in the S&P did even worse as the equal weighted [...]

By |2021-07-27T19:28:37+00:00February 27th, 2019|Market Commentary|0 Comments

Is More Volatility Coming?

Review and Outlook During the third quarter, the market continued the choppy uptrend that started in April after the broad sell off in February. The first few days of Q4 have ended that, and the uptrend is now in question. The fundamentals for the economy and earnings continue to be positive, against a backdrop of [...]

By |2021-07-27T19:28:37+00:00February 27th, 2019|Market Commentary|0 Comments

What Does the Rebound from February Mean?

The Bottom Line During the second quarter, the market staged a choppy rally from the lows it set on April 2. However, underneath the hood, there were large differences in performance. US Small Cap and more aggressive sectors had larger gains, while more conservative sectors like industrials, financials, and consumer staples were negative. International [...]

By |2021-07-27T19:28:37+00:00February 27th, 2019|Market Commentary|0 Comments
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