Read our current weekly market commentary

Close Icon
   
Contact Info     630-325-7100
15 Spinning Wheel Dr.
Suite 226
Hinsdale, IL 60521
Toll Free 888-325-7180

Category Archives: The Market

S&P 500 closes slightly lower on weak retail earnings

Determine never to be idle. No person will have occasion to complain of the want of time who never loses any. It is wonderful how much may be done if we are always doing. – Thomas Jefferson The stock market’s three-week winning streak came to an end last week as both the Dow Jones Industrial […]

Take a Tour 

S&P 500, Nasdaq close at record highs on earnings, jobs data

The number one idea is to view a stock as an ownership of the business and to judge the staying quality of the business in terms of its competitive advantage. Look for more value in terms of discounted future cash flow than you are paying for. Move only when you have an advantage. – Charlie […]

Take a Tour 

Stocks post solid gains on positive earnings, guidance

In our view, though, investment students need only two well-taught courses – How to Value a Business and How to Think about Market Prices. Your goal as an investor should simply be to purchase, at a reasonable price, a part interest in an easily understandable business whose earnings are virtually certain to be materially higher […]

Take a Tour 

Stocks rebound on positive earnings reports, possible tax cuts

The definition of insanity is doing something over and over again and expecting different results. – Albert Einstein After posting losses for the last two weeks, the Dow Jones Industrial Average and S&P 500 Index both rebounded with modest gains while the Nasdaq Composite Index hit an all-time on Thursday and ended the week up […]

Take a Tour 

Stocks close lower as geopolitical tensions rise

We work really hard never to get confused with what we know from what we think or hope or wish. – Seth Klarman, American billionaire who founded one of the world’s largest hedge funds Stocks closed lower for the second consecutive week despite strong earnings from the major banks as the first quarter earnings season […]

Take a Tour 

S&P 500 winning streak ends as Fed rate hike looms

The minute you get away from the fundamentals – whether it’s proper technique, work ethic, or mental preparation – the bottom can fall out of your game, your schoolwork, your job, whatever you’re doing. – Michael Jordan The S&P 500 Index celebrated the eight-year anniversary of the bull market this past week but closed modestly […]

Take a Tour 

Dow closes above 21,000 on President Trump’s speech to Congress

Investing is not nearly as difficult as it looks. Successful investing involves doing a few things right and avoiding serious mistakes. – John Bogle With the help of a 300 plus point gain on Wednesday, the Dow Jones Industrial Average posted its fourth consecutive weekly gain and ended the week slightly above 21,000. It wasn’t […]

Take a Tour 

Stocks post gains as Dow, S&P 500 close at record highs

Further, security prices are greatly affected by investor behavior; thus we can be aided in investing safely by understanding where we stand in terms of the market cycle. What’s going on in terms of investor psychology, and how does it tell us how to act in the short run? We want to buy when prices […]

Take a Tour 

Stocks close at all-time highs on strong economic data

All intelligent investing is value investing – acquiring more that you are paying for. You must value the business in order to value the stock. – Charlie Munger As investors continue to be optimistic and hopeful about President Donald Trump’s proposed economic agenda of deregulation, corporate tax cuts and fiscal stimulus, there was hard evidence […]

Take a Tour 

Trump’s proposed tax plan sparks rally in stocks, Dow up 1%

In my opinion, there are two key concepts that investors must master: value and cycles. For each asset you’re considering, you must have a strongly held view of its intrinsic value. When its price is below that value, it’s generally a buy. When its price is higher, it’s a sell. In a nutshell, that’s value […]

Take a Tour