Weekly Insight 12.15.20

highlights The S&P snapped a two-week winning streak, while the NASDAQ closed lower on a weekly basis for the first time since November 13th. The Russell 2K and Small Caps were the standout performer, closing higher for a sixth straight week, adding 1.03%. After receiving an FDA panel’s approval on Thursday, the agency granted Pfizer/BioNTech…

Weekly Insight 12.08.20

highlights Equities finished higher to close out the week, led by the Tech-heavy NASDAQ which gained 2.17% on the week, followed by the Russell, S&P 500, and Dow Jones. Energy was the best performing sector on the week, overcoming OPEC + decision to begin tapering production cuts in January. The sector posted positive gains for…

Weekly Insight 12.01.20

highlights Domestic stocks posted strong gains throughout the shortened Thanksgiving holiday week, recouping the prior week’s losses. The S&P 500 closed at a record high of 3,638 on Friday, in what was a shortened, half day session. However, this did not surpass the all-time intraday high which was 3,645.99, set on 11/09/20. Themes remained largely…