Dear Valued Client, Equity indices in North America stayed at or near all-time highs for most of July with a few attempts at a more significant correction attracting strong buying…
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Dear Valued Client, Equity markets kept grinding higher in June, with yet another attempt at a mid-month correction stopped in its tracks by strong buying at the dip. The restless…
Dear Valued Client, Equity markets were a mixed bag this month with speculative growth stocks continuing their bear trend while financials marched higher into record highs. There was an attempt…
Dear Valued Client, Equity markets generally edged higher in April and rotational activity was still very evident throughout the month. Financials continued to be strongly bid, with most of the…
Dear Valued Client, The restless rotation continued in March with financials making big gains again. Industrials were generally firmer as well, while tech and resource stocks were weaker. Speculative growth…
Dear Valued Client, Rotation was the name of the game for February as recovery stocks made good gains and pandemic stocks suffered from heavy profit taking. Futurist and meme stocks…
Dear Valued Client, Equity markets were mixed in January with volatility during the last few days, erasing many of the gains made earlier this month. A corrective phase seems to…
Equities generally edged higher in December as the seasonally strong period of the year prevented a correction of the markets’ overbought condition. Sector rotation was active throughout the month as market participants adjusted positions after a tumultuous year.
Equity markets surged in November on positive vaccine news. Cyclical sectors were the biggest gainers while the pandemic stocks corrected sharply. Of note, our most heavily weighted sector, Financials, made spectacular gains. This is exactly the situation we have been waiting for, and our patience is paying off. We are well positioned, and we expect this uptrend to continue.
The pandemic remains the biggest concern for the markets as the number of cases continue to sharply increase globally. While this is a major bearish factor for the global economy and equities in general, it is one that is temporary; at any time, a solution on the vaccine front could remove this bearish factor right away. Economies and businesses have begun to adapt to the current situation as well, and there has been and will continue to be fiscal stimulus to combat the negative effects on a global scale.
