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February 04, 2024: Number Go Up

February 04, 2024: Number Go Up

On the back of risks we highlighted last week, markets struggled mid week, as Fed chief Powell largely ruled out a March rate cut, and Google results weighed on tech stocks. That said, Dow Jones and S&P 500 rose 1.4% last week as both set record highs. Nasdaq...
January 21, 2024: First S&P Record Close In Two Years

January 21, 2024: First S&P Record Close In Two Years

Last week, stock markets had a strong finish. On Friday, S&P 500 rose past its January 2022 all-time high. Dow Jones also closed at an all-time high. Nasdaq, while still not at a record high, closed at a two year high after rising 2.9%. Reddit plans to go public...
January 14, 2024: 2024 Week Two Much Better Than Week One

January 14, 2024: 2024 Week Two Much Better Than Week One

After the first week of 2024 saw lots of selling, perhaps to optimize taxes on 2023 capital gains — last week was better for investors. Major indices, having found support at key levels are now at important resistance levels. Dow Jones was up 0.3% last week,...
December 17, 2023: Another Strong Week And More M&A

December 17, 2023: Another Strong Week And More M&A

With the Fed possibly pivoting to rate cuts in 2024, Dow Jones hit an all-time high, S&P 500, Nasdaq composite, Russell 2000 and S&P MidCap 400 – all hit 52-week highs. For the week, Dow Jones was up 2.9%, S&P 500 gained 2.5%, and Nasdaq composite...