Weekly Insight 6.23.20

┬áLAST WEEK U.S. equities advanced on the week while posting solid gains as the Nasdaq led the way closing higher by 3.74%, followed by the S&P 500 and Dow Jones, which ended up 1.86% & 1.07%, respectively. The S&P was led by Healthcare, Technology, Consumer Staples, Consumer Discretionary, Materials and Communication Services, all which outperformed.…

Weekly Insight 6.17.20

MARKET COMMENTARY   LAST WEEK U.S. equities finished lower on the week and snapped their impressive three-week winning streak where the S&P gained 11.68% for the period May 15th through June 5th. For the week, the S&P declined 4.73% with numerous reasons emerging for the pullback, including: Increased worries regarding an uptick in Coronavirus infections and…

Weekly Insight 6.10.20

LAST WEEK U.S. equities once again closed higher for a third straight week as value and cyclical related names continued to outpace growth and momentum factors. The Dow rose 6.8% on the week, trailed by the S&P & Nasdaq which finished up by 4.96% and 3.43% respectively. For the second straight week, all 11 sectors…

Weekly Insight 6.3.20

LAST WEEK Major averages closed higher on the week, with the S&P 500 finishing up 3% and posting its first back-to-back weekly gains since mid-April. Value versus momentum continued to be a main market theme. The week started with investors once again seeing a strong value tilt with the S&P 500 pure value outperforming pure…