LAST WEEK U.S. equities staged an impressive rally over the course of the week as stocks leveraged to the reopening of the economy outperformed those leveraged to the stay and work from home orders. Investors continue to see value names outperforming growth and momentum, something that has not been in favor for quite some time.…
LAST WEEK U.S. equities finished lower on the week and was led to the downside by Energy, Real Estate, Industrials, Financials, Materials and Utilities which all underperformed the broader market. Energy fared the worst despite WTI crude rising more than 19% on the week and pared gains after several weeks of rallying. REITs sold off…
LAST WEEK U.S. equities staged an impressive rally last week with the S&P closing up 3.56% while the Dow Jones finished +2.67%. All 11 sectors closed in the green for the week ending with May 8th. Weekly gainers outpaced decliners by over 4:1 throughout the course of the week. The VIX declined 25% to 27.98,…
LAST WEEK U.S. equities were mostly lower in a very busy week of earnings releases. Indices started the week with solid gains only to see them erased over the Thursday and Friday sessions. The S&P 500 ended lower by .19%, while the Dow Jones closed down .21% on the back of defensive sectors lagging broader…