highlights On Friday, the S&P 500 index closed at a record high for the seventh consecutive trading session, its longest record-setting streak since 1997. As the 2Q ended, the S&P posted one of its strongest 1H gains in a calendar year since 1998 as speculators boosted their bullish bets on U.S. equities by the most…
highlights Stocks closed out the week with the S&P 500 posting its best weekly performance in 20 weeks following a bipartisan agreement of a $1.2 trillion infrastructure spending deal. The S&P posted a record close on Friday after value sectors outperformed growth. Crude oil crossed above $73/barrel for the first time in almost three years…
See the LCG Strategy Returns through Q1 2021 Dallas, TX —June 25, 2021— Level Four Capital Management, LLC (LFCM) been awarded a PSN Top Guns distinction by Informa Financial Intelligence’s PSN manager database, North America’s longest running database of investment managers. Level Four Capital Management was honored with a 4 star Top Gun rating for…
highlights The S&P 500 logged its worst weekly decline since February, with Friday’s pullback of 1.31% being the single-worst session for the index since May 12th. Treasuries flattened on the week as yields fell on the long end of the curve with the 10-year yield dropping back to 1.43%. Focus surrounded the Central Bank’s release…
highlights In what was another quiet week, the S&P 500 finished the week posting back-to-back record closes. Volumes were once again anemic, with the S&P 500 posting its lowest volume week this year. The VIX continued its slide, falling 15.15, its lowest reading since before the pandemic. The decline in yields and the bond rally…
highlights Domestic stocks rallied again as the three primary indexes all ended higher for a second straight week, dating back to April 9th and April 16th as the last time all three indexes pushed higher in back-to-back weeks. Non-farm payrolls showed the U.S. economy added 559K jobs in May versus consensus estimates of 675K. Markets…
highlights The three major equity indexes, S&P 500, Dow Jones and NASDAQ Composite, all rose for the first time since the week of April 16th. It was a very quiet May, as the S&P 500 posted its quietest May since 2002, gaining only 0.70%. The U.S. junk market had an extremely busy May, as issuers…
highlights U.S. indices generally ended lower on the week with the exception of the NASDAQ which closed higher, snapping its four-week losing streak. Bitcoin declined 28% over the five days, its largest decline since the beginning of the pandemic. May’s Philly Fed Index’s showed that the “prices paid” hit the highest in 41 years, while…
highlights U.S. Equities took a pause from the recent run higher as stocks came under pressure over the first three days of the week, before bouncing back on Thursday and Friday last week. The NASDAQ posted its worst week since late February as it led broader benchmarks lower, declining 2.34%. Inflation concerns were the main…
highlights The S&P 500 and Dow Jones finished higher last week, advancing their weekly win streak to four consecutive weeks. There was no chance in the longstanding bullish narrative that investors have seen persist. Retail sales surprised to the upside, gaining 9.8% m/m versus the 5.80% expectation. Despite the negative J&J vaccine headlines grabbing investors’…