U.S. Wealth Group Post by Robert Santarpia

Market Review October 2018

Don’t call it a bear market...yet. October was a month which started out with reason for celebration, with markets reaching record high numbers. However, this positive sentiment didn’t last long, and a swift correction soon followed. Everyone is now asking the question, are markets headed into bear territory?

October’s Falling Knife. Is it Over?

October came and went, but not without bringin one of the worst trading months in recent history. On the month, the NASDAQ fell close to 9%, the S&P lost 7%, and the Dow Jones faltered by 5%. Ralph Acampora, a technical analysis expert, explained why the current market is...

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Market Review September 2018

As summer has officially come to a close, the US equities market has stayed the course, with major indices pushing record levels. With the third quarter of 2018 coming to a close, the S&P 500 booked its largest gains in 5 years, up 7% to 2,913. With the economy in full swing, the Federal Reserve raised rates once again, and is working to keep close watch on an economy which appears to be coming on strong.

Fed raises rates again

For the third time this year, the US Federal Reserve raised interest rates to support...

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Market Review August 2018

US market pushing record highs, but it’s not all gravy

Once again the US finds its equity market pushing record levels, with the S&P 500 eclipsing 2,900 for the first time ever, and Dow Jones Industrial Average creeping back towards 26,000. Employment levels continue to rise, business investment is booming, and consumers are spending more money, all of which are making for a market environment which many are pleased with. Still, many investors are waiting to see if this booming economy will find itself in another recession at a point in the near future, much of which...

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Market Review July 2018

Geopolitical issues around the globe, especially those surrounding U.S. President Donald Trump, continue to leave investors concerned about the future. Still, the US economy posted record growth and lower oil prices could keep consumers happy at the pump.

United States Q2 GDP impresses

The growth rate of the US economy was stellar over the second quarter of 2018. US GDP growth hit 4% on the quarter as reported by the Bureau of Economic Analysis (BEA), which almost doubled the growth rate of 2.2% seen in the first quarter. Some are attributing the growth to...

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Market Review June 2018

Riding the stock market roller coaster

Stock prices rode a wave of ups and downs during the month of June. The Dow Jones Industrial Average topped 25,300 mid-month, only to tumble down towards 24,100 before month’s end, an almost 5% swing in just a single month. During the same period the Nasdaq rose to its peak for the year above 7,780 before also retreating about 4% to around 7,445. This wave of price fluctuation sent the CBOE Volatility Index above 18, but was still not nearly as volatile as the beginning of the year which saw...

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Market Review April 2018

Mixed month for US markets

Equities markets in the United States closed the month just a bit higher, with the Dow Jones ending April at 24,163, or 0.8% higher than when the month began. While the beginning of April was promising, markets took a tumble on April 24th, with the Dow losing 425 points, and the Nasdaq losing 1.7% of its value. In a poll conducted by the Conference Board, only 33% of people expect stock prices to rise this year, down from 51% in January. One analysts believe that when the year started, “Investors...

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Market Review March 2018

As the first quarter of 2018 came to a close, investors have reason for a great deal of optimism. Indicators of strong corporate earnings carrying over from the end of last year is supporting markets, and GDP growth is continuing to rise and make way for global expansion. While a US trade war looms, giving way for a potential shaky international trade, its potential effects are not yet apparent in the current economic climate.

Market growth supported by strong earnings

While some market experts have claimed the rise in stock prices has created a market...

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Market Review February 2018

After an extremely positive start to the year, the global economy has come back down to earth in what has been a volatile and unpredictable month. Led by a market sell-off, some analysts believe that as a whole the global economy is not done growing and positive signs are still to come.   Market Correction? The beginning of 2018 continued the bull market that was seen in the previous year. However, February brought investors back down to earth, with a market correction that saw the Dow Jones Industrial Average 12% in just two weeks to start the month, and...

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Market Review January 2018

After a great run in 2017 many investors wondered if global markets would come to a screeching halt. However, this has yet to happen, and there seems to be great carryover into the new year. 2018 has started with a bang and investors hope for it to continue as we move forward through the first quarter of the year.   Stock market has record month. Is it a bubble? The beginning of 2018 has been good to the stock market. The Dow Jones rose to 26,149 and the S&P 500 rose 5.6% making it the best month for stocks...

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Market Review: December 2017

GOP tax bill passes The biggest piece of speculation over the past several months has been whether or not the GOP would be able to push their proposed tax bill through Congress. The end of the year brought good news for President Trump as the bill was pushed through both the House and Senate and will make immediate changes that could ripple throughout the entire economy. Pieces of this bill will significantly help big Wall Street corporations. The corporate tax rate is being cut from 35% to 21%, which should bolster the bottom line of many publicly traded companies. Additionally, the bill...

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