by Matt Rust | Jun 8, 2020 | Commentary
As the country continues to ease into “re-opening”, stocks have been full speed ahead. Since the March 23 low, the S&P 500® Index is up ~38%. This is less than 7% away from the level the Index entered 2020! If, on January 1, 2020, anyone was to suggest the jobless...
by Matt Rust | Apr 21, 2020 | Commentary
Markets have started the process of healing from the initial shock of the pandemic. On March 23, stocks reached a low that we believe will hold and not be breached to the downside. The low on March 23, a Monday, was marked by widespread panic and dislocation in stocks...
by Matt Rust | Apr 7, 2020 | Commentary
Just a quick note ahead of our Weekly Market Recap on Friday. Please tune in (or watch on demand) to the video presentation on Friday to hear our thoughts on what is ahead for markets. Today, stocks are building on yesterday’s gains. Yesterday’s gains were...
by Matt Rust | Mar 16, 2020 | Commentary
In a surprise move, the Federal Reserve has cut interest rates by 1% to 0% and embarked on a round of quantitative easing “QE” that has not been seen since the Financial Crisis and never this much in one day. Despite such an unprecedented move, stock...
by Matt Rust | Mar 12, 2020 | Commentary
The stock market has now priced in something along the lines of the following: Coronavirus will grip the country, and the world, for months to come. A full-fledged recession will occur in the United States this year. The oil industry will see major bankruptcies in the...
by Matt Rust | Mar 10, 2020 | Commentary
On Friday we shared with readers the axiom “Stocks never bottom on a Friday.” Well, are stock market bottoms formed on a Monday? That is a fair question, especially on a Monday like this one. The answer is “maybe.” The “Weekend Effect” is the name given to the...