Another Failed Rally?

Another Failed Rally?

OVERVIEW   After a big rally the week before, the U.S. stock market took a step backward last week. The S&P 500 fell 1.2%, the Dow lost 0.94%, and the Nasdaq declined 0.98%. Implied volatility remains elevated, with the VIX index hovering around the 25 range....
Slowing Down

Slowing Down

OVERVIEW   The U.S. stock market surged higher last week, notching its best week of the year and snapping a multi-week losing streak. A handful of earnings results and economic data helped boost investor sentiment, and all three major stock indexes jumped at...
Any Winners?

Any Winners?

OVERVIEW   Volatility jumped last week, with the VIX Index climbing over 33 by the week’s end. The result was the U.S. stock market taking another leg lower, as the S&P 500 dropped 3.27%, the Dow fell 2.47%, and the Nasdaq tumbled 3.93%. Over in the bond...

Losing Gains

OVERVIEW   The S&P 500 index of large U.S. stocks fell 3.05%, its seventh straight week of declines. That’s the index’s longest losing streak since the dot-com bubble burst in 2001. The Dow Jones Industrial Average fell 2.9%, its eighth-straight weekly...
Don’t Fight the Fed or the Tape

Don’t Fight the Fed or the Tape

OVERVIEW   The U.S. stock market continued to show weak price action last week. The S&P 500 fell 2.41%, its sixth straight week of losses. The Dow dropped 2.14%, and the Nasdaq declined 2.8%. Foreign stocks are in a slump as well. Developed country stocks...