The WMA Weekly Market Wrap | 5/7/2019

Much Ado About (Mostly) Nothing The major domestic stock indexes closed roughly flat last week after a Friday rally erased earlier losses. Healthcare shares outperformed within the S&P 500, while energy stocks and communication services struggled. Slower-growing value stocks handily outperforming more highly valued growth shares while small caps generally outperformed their larger cap counterparts. Read more about The WMA Weekly Market Wrap | 5/7/2019[…]

The WMA Weekly Market Wrap | 4/30/2019

Round Trip The market round trip back to new highs after the Q4 swoon is complete. Some think that means clear sailing ahead. The basic argument is here: “A lot has changed since autumn. A once-aggressive Federal Reserve says it’s on pause, Treasury yields have fallen half a percentage point, valuations are sturdier, and trade Read more about The WMA Weekly Market Wrap | 4/30/2019[…]

The WMA Weekly Market Wrap | 4/23/2019

Decidedly Mixed The major domestic indexes closed mixed last week, with the smaller-caps lagging the large-caps and the tech-heavy Nasdaq. Despite the release of a new round of major quarterly earnings reports, trading was relatively quiet in a holiday-shortened week. The number of shares exchanging hands reached a new year-to-date low on Monday, and the Read more about The WMA Weekly Market Wrap | 4/23/2019[…]

The WMA Weekly Market Wrap | 4/16/2019

Still More Strength Most of the major domestic indexes recorded small gains last week. The large-cap S&P 500 rose 0.5 percent and moved within roughly 1.1 percent of its all-time high, established in September 2018, while the narrowly focused Dow recorded a slight loss. Trading was quiet throughout most of the week, with daily volumes Read more about The WMA Weekly Market Wrap | 4/16/2019[…]

The WMA Weekly Market Wrap 2/19/2019 Edition

200-DMA Breakthrough The major domestic equity indexes posted their eighth consecutive weekly climb last week, as optimism that the U.S. and China would forge a trade deal before the U.S. raises tariffs offset weak December retail sales data. The latest round of U.S.-China trade talks wrapped up in Beijing last week. Treasury Secretary Steven Mnuchin tweeted that the meetings Read more about The WMA Weekly Market Wrap 2/19/2019 Edition[…]

The WMA Weekly Market Wrap – Feb. 12, 2019

Bumping Up Against the 200-DMA The S&P 500’s 200-day moving average is important to trend-following tactical investors looking for signals about whether they should be in or out of the market. How might this work? Here’s one simple and popular iteration. If the S&P 500 is above its 200-DMA, own it. If it closes below, shift Read more about The WMA Weekly Market Wrap – Feb. 12, 2019[…]