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

Monthly Archives: July 2019

S&P 500, Nasdaq at record highs on earnings, probable Fed rate cut

“Prices are too high” is far from synonymous with “The next move will be downward.” Things can be overpriced and stay that way for a long time…or become far more so. – Howard Marks Both the S&P 500 Index and the Nasdaq Composite Index closed at record highs last week as a wide range of […]

Take a Tour 

Positive start to earnings season fails to lift stocks

The man who begins to speculate in stocks with the intention of making a fortune usually goes broke, whereas the man who trades with a view of getting good interest on his money sometimes gets rich. – Charles Henry Dow Despite mostly positive quarterly earnings reports, particularly from the banks, and some favorable economic data […]

Take a Tour 

Stocks close at record highs as Fed rate cut appears imminent

If you can follow only one bit of data, follow the earnings – assuming the company in question has earnings. I subscribe to the crusty notion that sooner or later earnings make or break an investment in equities. What the stock price does today, tomorrow or next week is only a distraction. – Peter Lynch […]

Take a Tour 

Stocks post solid gains on U.S.- China trade truce, more talks

Stock market corrections, although painful at the time, are actually a very healthy part of the whole mechanism, because there are always speculative excesses that develop, particularly during a long bull market. – Ron Chernow, American writer and journalist Despite the fact that President Donald Trump and Chinese President Xi Jinping did not reach a […]

Take a Tour 

Despite modest losses for the week, S&P 500 gains nearly 7% in June

Nobody buys a farm based on whether they think it’s going to rain next year. They buy it because they think it’s a good investment over 10 or 20 years. – Warren Buffett The major stock averages closed modestly lower last week as investors nervously awaited the outcome of the meeting between President Donald Trump […]

Take a Tour