Weekly Market Commentary

Weekly Market Commentary - 5/26/2023 -Darren Leavitt, CFA As investors awaited news from the debt ceiling negotiations, markets continued to ebb and flow.  The S&P 500 continued to trade range-bound, oscillating between 4100 and 4200.  Fed rhetoric continued to...

Weekly Market Commentary - 5/19/2023 -Darren Leavitt, CFA Investors were treated to a week of gains for US indices, while US Treasuries fell significantly across the curve. Early in the week, there was cautious optimism around debt ceiling negotiations as both sides...

Weekly Market Commentary - 5/12/2023 -Darren Leavitt, CFA US equity and fixed-income markets continued to trade in a tight range. 4100 proved to be support for the S&P 500, while the US 10-year note yield oscillated around 3.46%. Cyclical issues were under...

Weekly Market Commentary – 4/28/2023 -Darren Leavitt, CFA Markets ended the month of April with slight gains for the large-cap indices and small losses for the small-caps. Q1 earnings continued to be in focus as some of the most influential companies posted mixed...

Weekly Market Commentary – 4/21/2023 -Darren Leavitt, CFA US equities traded sideways throughout the week as investors contemplated Q1 earnings reports, more Fed rhetoric, and weakening economic data. International markets were also off for the week, with Chinese...

Weekly Market Commentary – 4/14/2023 -Darren Leavitt, CFA Trade was quiet this week as investors awaited inflation data and the start of first-quarter corporate earnings.  Inflation data was mixed but showed another month of moderating prices.  The reported inflation...

Weekly Market Commentary – 4/7/2023 -Darren Leavitt, CFA The holiday-shortened week saw low volumes in trading, where countercyclical sectors and US Treasuries were favored.  The week started with the announcement that OPEC + would cut oil production by 1.16 million...

Weekly Market Commentary - 3/10/2023 -Darren Leavitt, CFA Wall Street endured a difficult week with volatile fluctuations in equity and fixed-income markets. Fed President J Powell’s testimony in front of congress kicked off the market’s chaotic week when he suggested...

Weekly Market Commentary - 3/3/2023 -Darren Leavitt, CFA US equity markets bounced on oversold conditions and their ability to hold key technical levels this week.  The S&P 500 broke its 50-day moving average (3980) and then tested the 200-day moving average...