MARKETS END THE WEEK MIXED AS A GREAT JOBS REPORT AND JUMP IN OIL PRICES HELP TURN THINGS AROUND The markets ended the week mixed, after coming back from early–week losses when a very strong Jobs Report was released on Friday The week started with the S&P 500 losing about 2.3% early in the week, […]
…Or will the Grinch come down from Mount Crumpit and steal our returns? Back in 1972, Yale Hirsch of the Stock Trader’s Almanac proposed the existence of the Santa Rally – and it’s been a constant source of eggnog-fueled debate for decades. The Santa Rally refers to the general tendency of the U.S. equity markets […]
U.S. STOCKS REACH FRESH HIGHS AS GDP IS REVISED UP AND THE 2019 HOLIDAY SHOPPING SEASON COULD SET NEW RECORDS The four major U.S. stock market averages closed the Thanksgiving week with green numbers that gave investors reasons to give thanks The DJIA, S&P 500, and NASDAQ all reached new record highs and even the […]
U.S. STOCKS DECLINE MODESTLY, SNAPPING SIX CONSECUTIVE WEEKS OF GREEN NUMBERS The U.S. equity markets paused this week, retreating modestly after six weeks of impressive gains NASDAQ declined just 0.2%, followed by the S&P 500’s drop of 0.3% The smaller–cap Russell 2000 and the mega–cap DJIA both declined this week too, as both indices lost […]
MARKETS UP FOR THE THIRD WEEK IN A ROW AS MORE COMPANIES ARE REPORTING POSITIVE EARNINGS SURPRISES THAN EXPECTED U.S. stock markets rose for the third consecutive week, ending very close to their record highs NASDAQ led the way with a gain of 1.9%, followed by the small–cap Russell 2000’s gain of 1.5%, the S&P […]
MARKETS MOSTLY UP AS EARNINGS SEASON KICKS OFF AND THE IMF AGAIN CUTS ITS GLOBAL GROWTH OUTLOOK FOR 2019 Stocks finished the week mostly higher as earnings season got off to a great start and amidst positive developments that the trade saga with China is getting closer to resolution The small–cap Russell 2000 led the […]
To suggest the U.S. consumer is the primary driver of global growth may exaggerate the effect of U.S. consumption, but not by much. The U.S. consumer typically accounts for 70 percent of U.S. GDP, and without much help from business investment or government spending in the current environment, the consumer may account for even more […]
POSITIVE CHINA AND BREXIT DEVELOPMENTS AND ENCOURAGING U.S. ECONOMIC DATA FUEL U.S. AND GLOBAL MARKETS The U.S. stock markets saw more volatility throughout the week, but ended on a strong note due to positive news on the China–trade saga, Brexit and on the U.S. economyNASDAQ and the DJIA led the way with 0.9% gains, followed […]
Markets Rise Modestly in the Third Quarter of 2019 as the Fed Cuts Rates and China Saga Continues The U.S. stock market indices increased modestly in the third quarter, propelling the S&P 500 and the DJIA to their best three-quarter starts to the year since 1997 and NASDAQ to its best three-quarter start since 2013 […]
The HighTower Wealth Management team is happy to share the October 2019 edition of the Monthly Chart Book. HighTower HighTower Advisors, LLC is a SEC registered investment adviser. Securities are offered through HighTower Securities, LLC – Member FINRA/SIPC. This is not an offer to buy or sell securities. No investment process is free of risk, and […]
HighTower St. Louis is registered with HighTower Securities, LLC, member FINRA and SIPC, and with HighTower Advisors, LLC, a registered investment advisor with the SEC. Securities are offered through HighTower Securities, LLC; advisory services are offered through HighTower Advisors, LLC.
This is not an offer to buy or sell securities. No investment process is free of risk, and there is no guarantee that the investment process or the investment opportunities referenced herein will be profitable. Past performance is not indicative of current or future performance and is not a guarantee. The investment opportunities referenced herein may not be suitable for all investors.
All data and information reference herein are from sources believed to be reliable. Any opinions, news, research, analyses, prices, or other information contained in this research is provided as general market commentary, it does not constitute investment advice. The team and HighTower shall not in any way be liable for claims, and make no expressed or implied representations or warranties as to the accuracy or completeness of the data and other information, or for statements or errors contained in or omissions from the obtained data and information referenced herein. The data and information are provided as of the date referenced. Such data and information are subject to change without notice.
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