Weekly Performance Summary

COMMENTARY:  The S&P500 Index was up almost a percent this week. The US economy added 227,000 jobs in November, but the unemployment rate still rose to 4.2%. Bitcoin hit the $100,000 mark, and the ETF market reported a record cash inflow for the year of ~$ 1 trillion. The Energy sector was hit the hardest […]

Growth in the Driver’s Seat, Bull in the Driver’s Seat

Tech Sector stagnation and Rising Rates are a catalyst for leadership change away from Mega-Cap Growth

Interest rates setting up to be a key marginal driver of performance as equities head into 2025. They are not cooperating with the Fed’s policy goals and that could set up a reckoning for the consumer.

Technology Sector Technicals are Deteriorating on the margins, giving Value an opening vs. Growth

COMMENTARY: The S&P500 Index gave back some post-election gains from the prior week, dropping 2.08% over the week ending November 15th. The market seemed to refocus on earnings and other fundamentals rather than election headlines. The Health Care sector experienced the most significant decline, dropping 5.6% for the week. This downturn has positioned Health Care

The Bond Market is Showing Potential to Ruin the Fed’s Best Laid Plans…So far the move higher in interest rates lacks supporting evidence. We are currently betting against the sustainability of that move.