Choppy Markets Follow Strong Up Trends
The first half of 2021 has been a choppy, sideways market.
May Market was Choppy as Stocks Digest Gains
The month of May was a choppy one in the market as stocks consolidated the gains made in April.
Jobs, Inflation and the Stock Market
The three major stock market indexes made nice gains in April. The S&P 500 and the Nasdaq each gained about 5% and the Dow gained 2.7%.
Growth or Value – Where is the leadership in 2021?
The big story in February was interest rates, not the short term rates that the Federal Reserve controls, but longer term rates set by the bond market.
The Market Gains on Vaccine News and a Positive Earnings Season
After a very rough start in the first quarter, if the momentum we have going now continues for the last few weeks of the year, 2020 should end on a positive note. It also bodes well for 2021.
The Economy Sends Mixed Messages to the Market
Looking at the period from the first of June through this writing on July 9th, it is easy to see that the economy is sending mixed messages.