by Chris Bouffard | Jun 21, 2021 | Blog
The Bottom Line Equities finished another volatile week solidly lower, with the S&P 500 dropping ‐1.9%. After leading large caps for three consecutive weeks, the small cap Russell 2000 fell sharply, losing ‐4.2% for the week. The yield on the 10‐year U.S. Treasury...
by Chris Bouffard | Jun 14, 2021 | Blog
The Bottom Line ● U.S. stocks rallied again late in the week, this time enough to set new record highs. The S&P 500 gained + 0.4%, and the small cap Russell 2000 led for the third straight week with a gain of +2.1%. ● On Thursday, the Labor Department reported...
by Chris Bouffard | Jun 7, 2021 | Blog
The Bottom Line ● U.S. stocks rallied on the week but still couldn’t close above their May 7th all‐time high. The S&P 500 gained + 0.6%, but the small cap Russell 2000 led for the second straight week with an advance of +0.8%. ● On Friday, the Bureau of Labor...
by Chris Bouffard | Jun 4, 2021 | Blog
Quick Takes ● Heavyweight bout. Much of May was a battle between rising inflation fears and growing optimism from the U.S. economic recovery. Overall, though, the data points to an economy, and corporate earnings picture, that remains in an upswing. ● All’s well...
by Chris Bouffard | Jun 1, 2021 | Blog
The Bottom Line ● Stocks rallied during the week to close within 1% of their all‐time high. The S&P 500 gained +1%, but small cap Russell 2000 and tech‐heavy Nasdaq led with gains of + 2.4% and +2.1% respectively. ● On Friday, the U.S. Department of Commerce...
