COVID-19 and the Stock Market

Stock markets are in a tailspin this morning due to COVID-19 concerns. The stock market has dealt with many epidemics (SARS, MERS, Bird Flu, Ebola, etc.) in the past few decades none of which have led to a sustained market decline. Here is a look at the historical market returns 6 & 12-months after the occurrence of […]

Coronavirus & U.S. Stocks

Monday’s market selling was aggressive, closing near the day’s lows after trying to rally earlier in the trading session.  Tuesday’s market open was weak and deteriorated quickly delivering another day of big declines. This is typical behavior, rapid declines after a long series of advances.  Investors are dealing with the combination of elevated stock valuations […]

Dightman Capital – Q4 Outlook

U.S. stocks have experienced a strong recovery in 2019 but the increase in volatility the last several months is a concern.  If stock indexes can hold current gains, they will deliver solid double-digit returns for the year despite sputtering trade progress with China and political turmoil in Washington DC.  While political developments can lead to […]

A Divided Market

There are clearly opposite views on the market right now.  After a fabulous day for all three indexes yesterday, not to mention the performance of many leading stocks, some commentators remain committed to the idea we are headed for a recession. A week ago, recession fears were plastered on the front pages of all the […]

Q2 2019 Market & Economic Review

Volatility returned to the U.S. stock market during the second quarter of 2019.  By the end of May, broad U.S. stock indexes were below levels from the start of April.  The S&P 500 actually traded below its 200 day moving average before a rally kicked off in June which ultimately delivered gains for the quarter. […]

Will A Trade War Take Down The U.S. Stock Market?

What is the biggest risk? The U.S. stock market is under pressure on concerns over US/China trade talks.  Last week stocks attempted a recovery, but a breakdown in trade talks has increased selling pressure this week. Given the circumstances, U.S. stocks have held up well.  The topic is not new; the market has had time […]

Q1 2019 Market & Economic Review

U.S. stocks experienced a strong rally in the first quarter of 2019.  The biggest performance driver came from the Federal Reserve pausing their interest hikes.  Between 2017 and 2018 the Fed raised the Fed Funds rate approximately 8 times and until recently expected to continue raising rates into 2019.  The sell-off in Q4 was largely […]

Inspiring Podcast by Great Investing Minds

Check out this podcast by one of our top investment providers, ARK Investment Management.  In Episode 9 of FYI (For Your Innovation) you are going to hear from three people.  The conversation is led by moderator James Wang (ARK Analyst) as he facilitates a conversation between Catherine Wood (ARK CEO/CIO) and Dr. Art Laffer (Laffer […]

Now We Need A Follow-Through Day

True, some of the largest single-day stock market gains come during bear markets.  December 26th, 2018 marks the first time the Dow Jones industrial average gain 1,000 point in a single session.  Experienced stock market investors know, one big up day does not mark the end of a downtrend. Investors should also note, Wednesday’s advance […]

Stocks Turn Bearish

The investment environment continues to deteriorate despite the pickup in economic activity in the U.S. the last couple of years.  As the Big Four Indicators I highlighted recently show, the U.S. economy continues to move in the right direction. Despite the U.S. economy doing well, international economies are performing poorly with few catalysts outside of […]