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Monthly Archives: May 2023

Welcome to the unofficial start of summer…

Weekly Market Commentary “When people are desperately trying to sell, I buy. When people are desperately trying to buy, I sell. It has worked out very well over the years.” Sir John Templeton Well, this week, all eyes were on the debt ceiling negotiations, and as they dragged on, the market reflected the impasse by […]

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Heading into summer…

“Stock market doesn’t only teach to make money, but it also teaches lot about life, patience, persistence and wisdom.” ― Raj Mishra   Well, the week ended with the S&P 500 adding 1.65%, the Nasdaq continued its rally up another 3.04% and the FTSE a fractional .03%. As we near the end of May and into […]

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S&P 500 edges lower as inflation eases and debt ceiling looms

The longer you work, the more money you’ll have for retirement. But the longer you work, the less time you’ll have to enjoy that retirement. – Author unknown It was another mixed week for the major stock averages as the Nasdaq Composite Index rose slightly, the Dow Jones Industrial Average fell about 1% and the […]

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S&P 500 closes lower as Fed hikes rates, hints at a pause

Great investors are not unemotional, but are inversely emotional – they get worried when the market is up and feel good when everyone is worried. – Bill Miller, famous value investor, fund manager and philanthropist Stocks rallied on Friday after the release of a better-than-expected April employment report and strong earnings from Apple, but it […]

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Stocks post gains as Big Tech earnings better than expected

The one reality that you can never change is that a higher-priced asset will produce a lower return than a lower-priced asset. You can’t have your cake and eat it. You can enjoy it now, or you can enjoy it steadily in the distant future, but not both – and the price we pay for […]

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