Weekly Updates

Weekly Update: February 11, 2019-Stocks Post Small Weekly Gains

February 12, 2019


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Featured Article: Stocks Post Small Weekly Gains


Economic Calendar


Recipe of the Week: Chocolate-Strawberry Cake


Tax Tips


Golf Tips


Healthy Lifestyle


Green Living


Stocks Post Small Weekly Gains

The Week on Wall Street
Major U.S. stock benchmarks eked out slight gains last week, with corporate profit reports and news about U.S.-China trade negotiations vying for investor attention over five trading sessions.

The big three ended the week little changed from where they settled the previous Friday. The Dow Jones Industrials rose 0.17% percent, while the S&P 500 Index gained 0.05% percent. The NASDAQ Composite ended the week up 0.47%. Looking at international stocks, the MSCI EAFE index retreated 0.47%.

Earnings Scorecard
As of last Friday, 66% of all S&P 500 companies had reported fourth-quarter earnings. So far, 71% of these firms have announced earnings exceeding estimates, and 62% have seen revenues top projections.

Halfway through earnings season, 2019 future guidance has been…

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Weekly Update: February 4, 2019-Markets Gain Again

February 5, 2019


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Featured Article: Markets Gain Again


Economic Calendar


Recipe of the Week: The Best, Old-School Popcorn


Tax Tips


Golf Tips


Healthy Lifestyle


Green Living


Markets Gain Again

Last week closed out one of stocks’ top January performances in years. In fact, both the S&P 500 and Dow posted their best January results in at least 3 decades.

For the week, major domestic indexes were also up. The S&P 500 gained 1.57%, the Dow added 1.32%, and the NASDAQ increased 1.38%. The Dow’s performance marked its 6th week of gains in a row. Internationally, MSCI EAFE stocks also posted growth, rising 0.91%.

What drove stock results last week?

As discussed in our previous market update, last week provided a number of details for investors to focus on. Here are some key items that contributed to market performance:

Federal Reserve Meeting: The Fed chose not to increase interest rates above its current 2.25% – 2.50% target. When releasing this update…

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Weekly Update: January 28, 2019-Stocks Muted, Big Week Ahead

January 29, 2019


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Featured Article: Stocks Muted, Big Week Ahead


Economic Calendar


Recipe of the Week: Spinach-Orange Salad


Tax Tips


Golf Tips


Healthy Lifestyle


Green Living


Stocks Muted, Big Week Ahead

For the first time in months, U.S. markets experienced little movement last week. The Dow and NASDAQ did have their 5th week of gains in a row, but their increases were small: 0.12% and 0.11%, respectively. Meanwhile, the S&P 500 broke its 4-week winning streak with a 0.22% loss. Internationally, the MSCI EAFE also posted modest returns, gaining 0.47% for the week.

What topics were on investors’ minds?

Despite the relative lack of market drama last week, investors still had plenty to consider. For example, the following details emerged:
• Conflicting messages came out on trade tension with China.
• The International Monetary Fund (IMF) downgraded its forecast for global growth.
• Corporate earnings season continued.

In addition, the longest Federal government shutdown in history ended. After 35 days, the House and Senate voted unanimously to reopen the partially closed government. President Trump signed the bill, which includes funding through February 15.

This week could provide far more action in the markets when a number of key details emerge.

What’s ahead this week?

These last days of January provide several noteworthy…

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Weekly Update: January 22, 2019-The Rally Continues

January 23, 2019


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Featured Article: The Rally Continues


Economic Calendar


Recipe of the Week: Easy, One-Pot Pasta


Tax Tips


Golf Tips


Healthy Lifestyle


Green Living


The Rally Continues

U.S. markets were up again last week, as major domestic indexes posted their 4th weekly gains in a row. In fact, the S&P 500 was no longer in correction territory at Friday’s close—and was in the middle of its best yearly start since 1987.

For the week, the S&P 500 gained 2.87%, the Dow added 2.96%, and the NASDAQ increased by 2.66%. So far, all three indexes are up more than 5% in 2019. Internationally, the MSCI EAFE also ended the week in positive territory, posting a 1.06% gain.

What is driving the rally?

Once again, developments in our ongoing trade negotiations with China contributed to the performance. On Thursday, a report emerged that the U.S. was weighing whether to lift tariffs on Chinese imports. However, the Treasury Department said Secretary Steve Mnuchin had not recommended this action. Then, on Friday, Bloomberg released news that China may raise its imports to a level that would close the trade deficit by 2024. This potential sign of progress contributed to the day’s market gains.

While these trade updates significantly affected stock performance last week, the following details…

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Weekly Update: January 14, 2019-Markets Relax and Rally

January 14, 2019


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Featured Article: Markets Relax & Rally


Economic Calendar


Recipe of the Week: Perfect Pizza Popovers


Tax Tips


Golf Tips


Healthy Lifestyle


Green Living


Markets Relax and Rally

After months of volatility, markets relaxed a bit last week. For the first time since October, the S&P 500 went 5 days without a 1% gain or loss. The Cboe Volatility Index, or VIX, also fell to lower than 20—in December, it spiked above 35.

For the week, the S&P 500 added 2.54%, the Dow gained 2.40%, and the NASDAQ increased 3.45%. All three indexes are in positive territory for 2019. International stocks in the MSCI EAFE grew as well, with a 2.85% weekly gain.

What drove last week’s gains?
Updates on trade and monetary policy contributed to…

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Weekly Update: January 8, 2019-Markets Up—And Volatile

January 8, 2019


We apologize for the previous email, it seems some of the links were not working. This has been corrected.

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Featured Article: Markets Up—And Volatile


Economic Calendar


Recipe of the Week: Out-of-This-World Granola Bars


Tax Tips


Golf Tips


Healthy Lifestyle


Green Living


Markets Up—And Volatile

U.S. markets experienced more wild sessions last week before ending in positive territory as the recent turbulence continued. In fact, we are currently in the middle of some of the most volatile market performance in more than eight years.

For the week, the S&P 500 gained 1.86%, the Dow added 1.61%, and the NASDAQ increased 2.34%. MSCI EAFE stocks also increased, posting a 1.42% weekly gain.

While the results may not seem especially dramatic, the path to get there certainly was. On Thursday, January 3, domestic stocks plunged, as factory data and a tech warning spooked investors. Then, the next day, the S&P 500, Dow, and NASDAQ each gained at least 3.3%. Friday’s performance marked one of the largest rallies since the beginning of this bull market.

What drove the market rally?

Two key events contributed to…

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Weekly Update: Special Edition – A Look Back at 2018

January 2, 2019


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Featured Article: Special Edition: A look Back at 2018


Recipe of the Week: Beef Stroganoff


Tax Tips


Golf Tips


Healthy Lifestyle


Green Living


Special Edition: A look Back at 2018

The close of the year provides an opportunity for investors to step back and consider the wider financial landscape. This week, we’re reviewing some key issues that defined 2018, as well as some factors that may influence financial markets in the coming year.

Year in Review

Wall Street began 2018 in rally mode, as enthusiasm for the 2017 Tax Cuts and Jobs Act spilled over into the New Year. Strong economic news encouraged investors, who put aside fears that rising inflation may lead to higher interest rates.

What Wall Street did not see coming were the spring and summer trade disputes with China, Canada, Mexico, and the European Union. Fear of a global economic slowdown contributed to a sharp decline in stock prices in October. U.S. economic growth forecasts were tempered in November for 2019, with bull and bears engaged in a fierce tug-of-war as the year…

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Weekly Update: December 24, 2018-Turbulence Continues

December 26, 2018


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Featured Article: Turbulence Continues


Economic Calendar


Recipe of the Week: Jam Sandwich Cookies


Tax Tips


Golf Tips


Healthy Lifestyle


Green Living


Turbulence Continues

Last week, domestic markets had some of their worst performance in 10 years. The S&P 500 lost 7.05%, the Dow declined 6.87%, and the NASDAQ dropped 8.36%. All three indexes have now lost at least 8% in 2018.

On Friday, December 21, the NASDAQ entered a bear market, which means it’s at least 20% below its last record high. Meanwhile, the S&P 500 and Dow both finished the week close to bear markets, too. Internationally, stocks in the MSCI EAFE also struggled, posting a 2.67% weekly loss.

What happened to the markets?

Last week brought a number of economic updates, which gave mixed…

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Weekly Update: December 17, 2018-Stocks Down, Change Ahead?

December 17, 2018


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Featured Article: Stocks Down, Change Ahead?


Economic Calendar


Recipe of the Week: Collard Greens with Bacon and Cider Vinegar


Tax Tips


Golf Tips


Healthy Lifestyle


Green Living


Stocks Down, Change Ahead?

Last week brought more volatility to the markets. While domestic indexes had some rallies as positive trade news emerged earlier in the week, by Friday, December 14, they had erased any gains. The last time major U.S. indexes ended in correction territory was March 2016, meaning they are now at least 10% below their highs from the past year.

For the week, the S&P 500 dropped 1.26%, the Dow lost 1.18%, and the NASDAQ declined 0.84%. International stocks in the MSCI EAFE also had a 0.89% weekly loss.

Why did markets struggle last week?
With last week’s declines, the S&P 500 was in the midst of its worst December since 2002. Concerns about global growth fueled much of the declines as China and Europe released economic data that missed projections. The ongoing trade tension contributed to slower growth in China, which drove some investors to…

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Weekly Update: December 10, 2018-Volatility Continues

December 10, 2018


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Featured Article: Volatility Continues


Economic Calendar


Recipe of the Week: Collard Greens with Bacon and Cider Vinegar


Tax Tips


Golf Tips


Healthy Lifestyle


Green Living


Volatility Continues

Markets went for another wild ride last week, as major domestic indexes swung back and forth. By Friday, December 7, markets had posted their worst weekly performance since March—and the S&P 500 and Dow both moved into negative territory for 2018.

Overall, the S&P 500 lost 4.60%, the Dow declined 4.50%, and the NASDAQ dropped 4.92%. International stocks in the MSCI EAFE also struggled, posting a 2.27% weekly loss.

Let’s take a look at what is driving this challenging market performance.

Examining Recent Volatility…

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