by Kenny | Mar 17, 2024 | Weekly Market Commentarfy, Weekly Market Commentary
Weekly Market Commentary – 3/15/2024 -Darren Leavitt, CFA Markets pulled back this week as investors assessed hotter-than-anticipated inflation data. US Treasuries sold off across the curve as the higher-for-longer narrative strengthened ahead of the coming...
by Kenny | Mar 10, 2024 | Weekly Market Commentarfy, Weekly Market Commentary
Weekly Market Commentary – 3/8/2024 -Darren Leavitt, CFA Financial markets endured a week of consolidation as investors dissected a full economic calendar and awaited more cues from the leaders of the European Central Bank and the Federal Reserve. ECB President...
by Kenny | Mar 3, 2024 | Weekly Market Commentarfy, Weekly Market Commentary
-Darren Leavitt, CFA Markets pushed back on an early week sell-off to close at record highs for the S&P 500 and NASDAQ. A building sense that the market is due for a pullback was met with inline consensus inflation data, continued outperformance in the...
by Kenny | Feb 24, 2024 | Weekly Market Commentarfy, Weekly Market Commentary
-Darren Leavitt, CFA The S&P 500 and the Dow Industrial Average forged new all-time highs despite investors taking profits early in the holiday-shortened week. Semiconductor stalwart NVidia’s fourth-quarter earnings results induced a massive rally in the stock...
by Kenny | Feb 19, 2024 | Weekly Market Commentarfy, Weekly Market Commentary
Weekly Market Commentary – 2/16/2024 -Darren Leavitt, CFA Wall Street took a breather last week as hotter-than-expected inflation data forced investors to recalibrate their expectations for rate cuts from the Federal Reserve. Mega-cap issues that have been...
by Kenny | Feb 11, 2024 | Weekly Market Commentarfy, Weekly Market Commentary
Weekly Market Commentary – 2/9/2024 -Darren Leavitt, CFA The S&P 500 hit another record high and topped the 5000 level for the first time as investors focused on better-than-expected Q4 earnings. The economic calendar was light this week but showed...