The price of crude oil topped out in June 2014, then bottomed in February 2016 and has since partially recovered. During this period, the price of oil plunged by 76% and reached historic proportions, even in relation to other energy boom and bust cycles of the past. Let’s update the energy sector’s present status and use historical trends to anticipate what the future holds for investors.....More>>>
U.S. equities continued their post-election surge on Monday, pushing the Dow Jones Industrial Average and the other three major stock market averages to new record highs as a group for the first time since 1999.
Investors continue to view the incoming Trump administration and its plans for big tax cuts and spending as a huge tailwind for the economy. We’re also in a period of seasonal....More>>>
Stocks fought off weakness to end marginally higher on Tuesday as energy shares rebounded in concert with oil prices. But market sentiment remained cautious ahead of a meeting later this week between President Donald Trump and his Chinese counterpart Xi Jinping.
Investors also are awaiting Fridays jobs report.
The S&P 500 index
U.S. equities mostly finished lower on Monday as volatility continues to ramp up, led by deepening weakness in big-cap tech stocks. Known as the “FAANGs,” these were the stocks that have captivated the attention of investors in recent months for their seemingly relentless upward momentum.
But after some disappointing results/guidance from Amazon.com, Inc. (NASDAQ:AMZN) and....More>>>
2017 was an incredibly strong year for the overall market, with the S&P 500 Total Return Index rounding out the year up 21.83%. As the chart below displays, the technology sectors strong outperformance spearheaded the rally, with other characteristically bullish sectors (industrial, materials, financial, and cyclicals) doing their part. Of the nine Sector SPDR ETF funds, only the Energy Select....More>>>