Investment Review – October 2017

October 6, 2017 Investment Review
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The major U.S. stock indexes gained in September. The Dow Jones Industrial Average increased by +2.1%, the S&P 500 was up +2.1% and the Nasdaq Composite advanced +1.1%. Third quarter earnings estimates are likely too low with earnings estimates rising just +3.7% on expected revenue growth of 4%. Stocks began to rally mid-August as better […]

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Investment Review – September 2017

September 13, 2017 Investment Review
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The major U.S. stock indexes were modestly higher in August. The Dow Jones Industrial Average increased by 0.26%, the S&P 500 was up 0.05% and the Nasdaq Composite advanced 1.27%. The U.S. Dollar Index was virtually flat in August posting a loss in value of 0.02%. The Index is used to measure the value of the […]

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Investment Review – August 2017

August 8, 2017 Investment Review
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The major U.S. equity indices posted strong gains in July. The Dow Jones Industrial Average rose 2.5%, the S&P 500 added 2.1% and the Nasdaq Composite increased 3.4% for the month. All three indices either reached or flirted with record highs as the strong economy and expectations of earnings growth bolstered investor confidence. Amazon announced in June […]

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Investment Review – July 2017

July 11, 2017 Investment Review
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U.S. stock indices rallied in June, based on upbeat economic news and corporate profit growth. The Dow Jones Industrial Average gained 1.6%, the S&P 500 was up 0.5%, and the Nasdaq Composite dropped 2.4%. International equity markets were slightly higher. The MSCI Europe Australia Far East Index (EAFE) dropped 0.4% and the MSCI Emerging Markets […]

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Investment Review – June 2017

June 13, 2017 Investment Review
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The major U.S. equity indices posted strong gains in May. The Nasdaq Composite increased 2.5%, the S&P 500 added 1.2% and the Dow Jones Industrial Average rose 0.3% for the month. Better than expected Q1 earnings and improving economic data were the main drivers for the upward move. U.S. crude prices declined approximately 10% over the last […]

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Investment Review – May 2017

May 8, 2017 Investment Review
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After taking a breather in March stocks rebounded in April: The Nasdaq Composite rose an impressive 2.3%, the Dow Jones Industrial Average and the S&P 500 each rose a solid but more modest 1.3% and 0.9%, respectively. Non-U.S. markets were strong too. The EAFE index which captures developed markets in Europe, Australia and the Far East […]

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Investment Review – April 2017

April 11, 2017 Investment Review
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Stocks took a breather in March; the Dow Industrial Average and the S&P 500 closed the month almost flat with declines of .7% and .3%, respectively. The Nasdaq composite rose 1.5% and closed a hairsbreadth from its all-time high of 5,914 as investor interest turned to technology shares. For the first quarter, the 5.5% gain by […]

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Investment Review – March 2017

March 7, 2017 Investment Review
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U.S. risk appetite remained strong in February. Each of the three major indices posted positive returns. The NASDAQ Composite gained 3.9%, the S&P 500 rose 4.0%, and the Dow Jones Industrial Average advanced 5.2% during the month. U.S. retailers continue to face a multitude of industry challenges, including adapting to the rapid growth in online shopping, benign […]

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Investment Review – February 2017

February 21, 2017 Investment Review
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Each of the three major indices posted positive returns in the first month of 2017. The NASDAQ Composite led the way gaining 5.3%. The S&P 500 advanced 2.0% and the Dow Jones Industrial Average rose 0.7% during the period. Corporate earnings for the fourth quarter (Q4) of 2016 are coming in better than expected. Combining the […]

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Investment Review – January 2017

January 11, 2017 Investment Review
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The stock market set a new record high again in 2016 with the S&P 500 hitting 2,271 and the Dow closely approaching 20,000 in late December. The S&P 500 has now posted a positive return in each of the last eight years, with an average annualized total return of 15% since 2009. Post-election enthusiasm around […]

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