Weekly Market Update – August 21

This week, the S&P 500 reached both an intraday all-time high and closing all-time high, before going down. Since March, we have been consistently and gladly reporting stock gains in these communications. While a rising market in a bad economy

The S&P 500 Index achieved its all-time closing high on February 19, 2020 at 3386. This week, the market continued to approach this level. The following graph, from Strategas Research, is split into two sections. The top shows the following

This week, the S&P 500 trended higher, continuing the positive momentum which has consistently persisted since March 23rd. So far this year, we’ve seen a continuous array of emotional and divisive events, and plenty of volatility

Market action was mixed this week, leaving stocks little changed for the week. Early on, good news flowed as earning season began and progress continued on a potential new stimulus package. On Thursday, the tech sector came under pressure as this ove

In the market this week, stock returns were roughly flat, although the S&P 500 did rally back to its most-recent high at 3,232, which it first achieved on June 8th. Since that time period six weeks ago, we have seen two brief market corrections

In market news, stocks fell sharply on Wednesday, down over -2.5%, but then rose over the remainder of the week and finished the week roughly flat.

Tomorrow marks the summer solstice and the official beginning of summer, when the sun reaches its northernmost point in the sky, above the Tropic of Cancer. In Ashland, Ohio we get to enjoy a total of 15 hours and 7 minutes of daylight, which makes i