Weekly Market Commentary

Weekly Market Commentary 2/19/2021 -Darren Leavitt, CFA Markets sold off a bit last week in a rotational trade into pro-cyclical sectors and out of growth stocks.  Fourth-quarter earnings continued to come in better than expected while economic data for the week was...

Weekly Market Commentary

Weekly Market Commentary 2/12/2021 -Darren Leavitt, CFA Markets rallied to all-time highs on continued positive sentiment surrounding the reopening of global economies and on the fear of missing out on further gains.  Markets opened the week on a strong note with...

Weekly Market Commentary

Weekly Market Commentary 2/5/2021 -Darren Leavitt, CFA Markets rebounded strongly in the first week of February.  Fourth-quarter earnings continued to beat expectations, vaccines continued to go into arms, and economic data continued to be mixed, which fostered more...

Weekly Market Commentary

Weekly Market Commentary 1/29/2021 -Darren Leavitt, CFA Markets sold off in volatile trade as retail investors wreaked havoc in heavily shorted companies.  The fourth-quarter earnings season continued to produce better than expected results, although it appears stock...

Weekly Market Commentary

Weekly Market Commentary 1/22/2021 -Darren Leavitt, CFA The mega-cap technology issues led markets to another set of all-times as cyclicals took a step back after being red hot for the last several weeks.  Fourth-quarter earnings continued to roll out with mixed...

Weekly Market Commentary

Weekly Market Commentary 1/15/2021 -Darren Leavitt, CFA Markets gave up a bit of ground last week as fourth-quarter earnings season kicked off and President-Elect Biden laid out his 1.9 trillion dollars economic stimulus plan.  Economic data was mixed but painted a...

Weekly Market Commentary

Weekly Market Commentary 1/8/2021 -Darren Leavitt, CFA Wow-what a way to start 2021.  US equity averages hit another set of all-time highs despite Washington’s political turmoil and a Democratic sweep in the Georgia Senate runoff elections.  Economic data...

Weekly Market Commentary

Weekly Market Commentary 1/1/2021 -Darren Leavitt, CFA The S&P 500 and Dow Jones Industrial average’s set new all-time highs in the holiday-shortened week.  Another tranche of stimulus passed by Congress and signed by the President catalyzed markets higher early...

Weekly Market Commentary

Weekly Market Commentary 12/25/2020 -Darren Leavitt, CFA US equity markets were mixed in a holiday-shortened week. Corporate news was limited but influenced individual issues while trade was relatively subdued.    Investors continued to focus on Washington...

Weekly Market Commentary

Weekly Market Commentary 12/18/2020 -Darren Leavitt, CFA Choppy trade action throughout the week led US stock indices to another set of all-time highs. Coronavirus stimulus package negotiations dominated headlines while the December Federal Reserve meeting affirmed...

Weekly Market Commentary

Weekly Market Commentary 12/11/2020 -Darren Leavitt, CFA Market action was mixed for the week.  Hope for another tranche of stimulus and positive news on a coronavirus vaccine’s progress aided market sentiment early in the week.  However, COVID-19 infection...

Weekly Market Commentary

Weekly Market Commentary 12/4/2020 -Darren Leavitt, CFA US equity markets hit another set of all-time highs last week.  Positive price momentum carried over from a strong November into the start of December, and more positive news on Covid-19 vaccines coupled with the...

Weekly Market Commentary

Weekly Market Commentary 11/27/2020 -Darren Leavitt, CFA US financial markets hit all-time highs during the week, with the Dow surpassing the 30,000 mark for the first time.  If markets can hold on to gains in Monday’s trading session, it will become the best November...

Weekly Market Commentary

Weekly Market Commentary 11/20/2020 -Darren Leavitt, CFA Financial markets were mixed last week.  Cyclicals continued to outperform on news that Moderna and AstraZeneca vaccine trials have shown excellent results.  3rd quarter earnings continued with better than...

Weekly Market Commentary

Weekly Market Commentary 11/13/2020 -Darren Leavitt, CFA Financial markets rallied to all-time highs on news that Pfizer and BioNTech have a 90% effective Covid-19 vaccine.  The news induced a robust rotation trade out of Mega-cap Technology shares into value-oriented...

Weekly Market Commentary

Weekly Market Commentary 11/6/2020 -Darren Leavitt, CFA It was an extremely busy week on Wall Street.  The election results were top of mind for investors, and given the current expected outcome gave investors reason to buy risk assets.  The Federal Reserve Open...

Weekly Market Commentary

October 30th, 2020 -Darren Leavitt, CFA Markets sold off in what was a hectic week.  The earnings and economic calendar were stacked.  Coronavirus infection rates ticked higher and induced lockdown measures in France, Germany, and the UK, which hindered sentiment. ...

Weekly Market Commentary

October 23rd, 2020 -Darren Leavitt, CFA Markets traded sideways for much of the week as investors continued to watch Washington fail to negotiate another tranche of stimulus.  3rd quarter earnings continued to roll-out with results coming in mixed.   The familiar...

Weekly Market Commentary

October 16th, 2020 -Darren Leavitt, CFA US Market averages were little changed for the week.  The beginning of 3rd quarter earnings started with ho-hum results from the financials, some transports also missed the mark, and a high flying cloud computing company,...

Weekly Market Commentary

October 9th, 2020 -Darren Leavitt, CFA Markets extended their rally last week on optimism around another tranche of stimulus.  Value-oriented small-cap cyclicals were in favor and sent the Russell 2000 up 6.4% for the week.  The S&P 500 gained 3.8%, the Dow was...