by Kenny | Sep 24, 2023 | Weekly Market Commentarfy, Weekly Market Commentary
Weekly Market Commentary – 9/22/2023 -Darren Leavitt, CFA US equity markets sold off in tandem with the US Treasury market as the Federal Reserve’s Open Market Committee meeting concluded with no change to its policy rate. The Fed’s Summary of Economic...
by Kenny | Sep 17, 2023 | Weekly Market Commentarfy, Weekly Market Commentary
Weekly Market Commentary – 9/15/2023 -Darren Leavitt, CFA It was a roller coaster ride on Wall Street this week, with early-week gains met with a late-week sell-off. Investors cheered the largest IPO of the year that saw Arm Holdings come to market 10x...
by Kenny | Sep 11, 2023 | Weekly Market Commentarfy, Weekly Market Commentary
-Darren Leavitt, CFA The holiday-shortened week ended with losses for both US equities and Treasuries. Apple shares tumbled on the news that the Chinese government would ban the use of the iPhone at government agencies at all levels of government. The news comes in...
by Kenny | Aug 27, 2023 | Weekly Market Commentarfy, Weekly Market Commentary
Weekly Market Commentary – 8/25/2023 -Darren Leavitt, CFA Financial markets were all over the place last week and ended with mixed results. The S&P 500 gained 0.8% and closed above 4400, a critical psychological level, but fell short of regaining the 50-day...
by Kenny | Aug 20, 2023 | Weekly Market Commentarfy, Weekly Market Commentary
Weekly Market Commentary – 8/18/2023 -Darren Leavitt, CFA US equity markets fell for the third consecutive week. The S&P 500 broke its 50-day moving average and then sank below 4400. The sell-off has been on low volume, and the market may have been due to...
by Kenny | Aug 13, 2023 | Weekly Market Commentarfy, Weekly Market Commentary
-Darren Leavitt, CFA US Financial markets had another week of consolidation. Equities and US Treasuries sold off in tandem on light volume. An early week debt downgrade of 10 small to midsized banks and a notice that other downgrades may follow by Moody’s dampened...
