Market Commentaries

The leaves are falling, and so is the stock market. In this week’s commentary, we discuss the recent setbacks in the market’s technical price movements, delve into some valuable information offered by the yield curve concerning the economic environment, and spotlight why year-end seasonality could be a potential bright spot for the market.

OVERVIEW   It was a gloomy week for U.S. stocks. The S&P 500 Index sank 2.4%, the Dow Jones Industrial Average dropped 1.6%, and the tech-heavy Nasdaq Composite tumbled 3.16%. The Russell 2000 Index of small-cap stocks also fell around 2.3%. Volatility rose...

The U.S. stock market celebrated its one-year bull market anniversary last week. In this week’s commentary, we’ll assess how it stacks up with historical bull markets and share a few insights from our market indicators.

The U.S. stock market is quickly approaching a key level of technical support, its 200-day moving average. In this week’s analysis, we delve into the various factors currently impacting the market and assess its ability to proverbially “hold the line.”

The theme of this week’s market commentary is “hanging by a thread.” We highlight a few indicators illustrating why the current state of the stock market is precarious—including a chart that underscores the fragility of this year’s gains—and discuss the implications of this situation for our primary stock market risk model.

OVERVIEW   U.S. stocks fell last week as volatility reemerged on Wall Street. The VIX Index—a measure of investors’ expectations for market volatility—rose 25% for the week. The result was pretty large losses for the major U.S. stock indices. The S&P 500 fell...

OVERVIEW   The major U.S. stock indexes gave up most of the ground they had gained the previous week, falling around 1% to 2%. Specifically, the S&P 500 dropped 1.3%, the Dow fell 0.75%, and the Nasdaq dived 1.93%. Small-cap stocks really took it on the chin,...

OVERVIEW   The U.S. stock market rebounded last week, with the S&P 500 gaining 2.5% and the Nasdaq surging 3.25%. The Dow registered a smaller gain of about 1.43%. Foreign stocks had a strong outing as well. Developed country stocks increased 2.46%, and...

OVERVIEW   It was a mixed bag of results for U.S. stocks last week. The S&P rose 0.82%, the Nasdaq soared 2.26%, and the Dow fell 0.45%. Growth stocks led the way, gaining 1.66%, whereas value stocks declined 0.25%. Small caps also fell about 0.4%. It was a...

OVERVIEW   All three major U.S. stock indices fell more than 2% last week as the S&P 500 and the Nasdaq recorded their third consecutive weekly declines. Small-cap stocks performed even worse, dropping around 3.4% for the week. Even foreign stocks were under...