Weekly Market Commentary

Market Commentary — March 6, 2023

Stocks regained some positive ground last week following their worst decline in months. Energy and materials shares were particularly strong. Our NDIV index gained 3.6% last week. The S&P 500 stayed above the 200-day moving average which was a boost to investor sentiment in a low-volume week.

By |March 6th, 2023|Market Commentary|

Market Commentary — February 27, 2023

Stocks suffered their biggest decline in 10 weeks thanks to a cascade of upside inflation and growth news surprises. Inflation appeared to regain momentum in January, as the personal consumption expenditures (PCE) price index jumped 0.6% and December's figure was also revised higher.

By |February 27th, 2023|Market Commentary|
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