Earnings Season Accelerates – Monday Morning Market Memo – April 22, 2019

Good morning, We hope you all enjoyed the holiday weekend. Investors got the chance to recharge for a busy week of earnings, as over 140 S&P 500 companies are set to report in the week ahead. Companies scheduled to report include Halliburton, Lockheed Martin, Amazon,Boeing, Coca-Cola, United Technologies, Microsoft, AT&T, Visa, Facebook, Intel, Starbucks,Caterpillar, 3M, Ford Motor, United Parcel Service, …

Into Earnings Season – Monday Morning Market Memo – April 15, 2019

Good morning, Earnings season kicked off last week, and JPMorgan Chase took center stage, rising over 4% after it reported better-than-expected earnings and revenues. Another stock in the spotlight last week was Walt Disney Co, which rose over 11% on Friday, although that was because it announced a new streaming service, and not due to earnings. Fastenal shares hit a …

Stocks Rise into Earnings Season – Monday Morning Market Memo – April 8, 2019

Good morning, Stocks posted solid gains last week, lifted by hopes for a trade deal and a better-than-expected U.S. jobs report. Chinese Vice Premier Liu He said a “new consensus” had been reached in trade negotiations between the US and China, according to official state news website Xinhau, and this lifted investor sentiment. Investors were also encouraged by the March …

Inverted Yield Curve – Monday Morning Market Memo – March 25, 2019

Good morning, Stocks were pulled in different directions late last week. The market rallied after the Federal Reserve made it abundantly clear they are now dovish (accommodative) and that they are unlikely to raise interest rates at all this year. Things reversed Friday however, with stocks posting their worst day in over 2 ½ months (the Dow dropped 460 points), …

Retirement Talk – Sequence Risk – Monday Morning Market Memo – March 18, 2019

Good morning, Retirement means different things to different people – stopping work to relax, or to play hard, finding satisfaction from volunteering, or leaving work to care for a loved one, are just some examples. Whatever the case, retirement comes with multiple risks, including market risk, inflation risk, healthcare risk, long-term care risk, longevity risk (the risk of outliving your …

Stocks Fall Back – Monday Morning Market Memo – March 11, 2019

Good morning, Clocks recently sprang ahead for daylight saving time, but stock prices fell back. Stocks were down every day last week, and the major averages all ended down over 2% for the week. This snapped the NASDAQ Composite’s 10-week winning streak, and gave the Dow (only) its second weekly loss of the year. Weighing on the market were things …

10 in a Row? – Monday Morning Market Memo – March 4, 2019

Almost, but not quite… …the Dow Jones Industrial Average rose over 110 points last Friday, but it was not quite enough to put the index into positive territory for the week. The Dow ended with a weekly decline of .02% and in the process had its weekly winning streak snapped at 9. The other two major averages however, did post …

9 in a Row – Monday Morning Market Memo – February 25, 2019

Good morning, The Dow Jones Industrial Average rallied over 180 points Friday on optimism over trade talks with China, and closed the week with a gain of .6 percent. This brings the Dow’s consecutive weekly winning streak to a total of 9, the longest such run since 1995, according to the Dow Jones Data Group. Additionally, the index finished back …

8 Straight – Monday Morning Market Memo – February 18, 2019

Good morning, The financial markets were closed yesterday in observance of President’s Day. Stocks will appreciate the day off to rest, after charging ahead Friday on increased hopes for a trade deal between the U.S. and China. The Dow Jones Industrial Average jumped over 440 points, or 1.7% Friday, while the Standard & Poor’s Index gained 1.1%. For the week …