by Gary S. Morrow | May 26, 2019 | Commentary, Market Update
The lede: US employers are stepping on the accelerator — and that’s lifting average salaries and fueling record raises across many sectors. For the typical American worker, pay increases could soon surge past 4 percent or 5 percent for the year, according to labor...
by Gary S. Morrow | May 26, 2019 | Market Update
Investors sentiment has slumped sharply over the last two weeks, even without as much as a 5% correction(SP 500 Index-lowest daily close this month= -4.8% from the 2019 high). AAII bullish sentiment has cratered 18% since May 10th. That’s the steepest two week...
by Gary S. Morrow | May 23, 2019 | Commentary, Market Update
The S&P 500 Index began 2019 with four straight weekly gains. Is this a strong positive for the remainder of the year? It certainly is. Great stats from Ryan Detrick: The final eight months of the year, after a strong start like we’ve had in 2019, have...
by Gary S. Morrow | May 13, 2019 | Commentary, Market Update
Well, at least it feels that way… The stock market is correcting. No surprise. At today’s close the S&P 500 Index is off 5.2% from the 2019 highs. Since the start of the current bull market in 2009 the S&P 500 has now undergone 24 such...
by Doug McKay | May 5, 2019 | Market Update
by Gary S. Morrow | May 3, 2019 | Commentary, Market Update
The Numbers: The U.S. added 263,000 new hires in April, easily beating Wall Street expectations of 190,000. The unemployment rate fell to 3.6% vs. 3.8% expected and the lowest since December 1969. More: The U.S. jobs machine kept humming along in April, adding a...
