Month: September 2024

September 29th 2024 |

Key Takeaways

• Market Regimes remain favorable
• Further confirmation for our positive outlook!
• New all-time high in two of our Model Portfolios

Market Review |

The U.S. stock market finished another week with gains. For the week, the Dow Jones Industrial Average eked out a gain of 0.6% to close at 42,313.00. The blue-chip average posted a closing record and reached an all-time high during Friday's session. The S&P 500 also added 0.6% over the week to 5,738.17. The Nasdaq gained 1.0% over the past five days to 18,119.59. Among the key S&P sectors, the materials sector was the best weekly performer, while health care dragged the most. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, ended at 17. Read More

September 22nd 2024 |

Key Takeaways

• Market continued rally as expected!
• Further confirmation for our positive outlook!
• New all-time high in most of our Model Portfolios.

Market Review |

U.S. stocks finished the week with gains. Closing at a new record of 42,063.36, the Dow Jones Industrial Average ended the week higher by 1.6%. The S&P 500 booked a weekly gain of 1.4% and closed at 5,702.55, posting its fifth positive week over the past six weeks. The broad-index is up more than 19% in 2024. The Nasdaq finished at 17,948.32 and recorded a weekly gain 1.5%. Most key S&P sectors finished higher, led by the energy sector. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 16.2. Read More

September 16th 2024 |

Key Takeaways

• Latest Pullback turned out to be limited in price and time – as expected!
• New all-time high in our WSC Model Portfolio Composite
• Further confirmation for our positive outlook!

Market Review |

U.S. stocks closed the week with strong gains. The Dow Jones Industrial Average added 2.6% over the week to end at 41,393.78. The S&P 500 jumped 4% for the week to close at 5,626.02. The Nasdaq rocketed 5.9% from last Friday’s close to finish at 17,683.98. Both the Nasdaq and the S&P 500 recorded their best week of 2024. Nearly all key S&P sectors ended in positive territory for the week, led by the technology sector. Energy was the only decliner. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, dropped to 16.6. Read More

September 8th 2024 |

Key Takeaways

• Sell-off based on singe heavy weighted tech stocks
• Outlook remains positive
• No need to panic, at least for now

Market Review |

U.S. stocks finished a rocky week with stronger losses. The Dow Jones Industrial Average slumped 2.9% over the week to 40,345.41. The S&P 500 closed at 5,408.42 and posted a 4.3% weekly loss. The Nasdaq plunged 5.8% this week to end at 16,690.83. Nearly all key S&P sectors were negative for the week, led by the technology sector. Staples and real estate were the only gainers. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, increased to 22.4. Read More

September 1st 2024 |

Key Takeaways

• Further confirmation for our positive outlook!
• Seasonal headwinds possible but no major deal-breaker visible for now.
• New all-time highs in two model-portfolios

Market Review |

U.S. averages finished the week with a mixed performance. The Dow Jones Industrial Average advanced 0.9% during the week to close at new record of 41,563.08. The S&P 500 eked out a small weekly gain of 0.2% and closed to 5,648.40. The Nasdaq dropped 0.9% this week and finished at 17,713.62. Among the key S&P sectors, the financial sector was the best weekly performer, while the technology sector dragged the most. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 15. Read More