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THE MARKET MONTH THAT WAS By Carol Buss

February 13, 2020

By Carol Buss

THE MARKET MONTH THAT WAS By Carol Buss

The stock market in January, 2020 was a tale of two halves, both dominated by global headlines. In the first half, optimism mostly reigned because of the China trade deal, culminating in the signing of the Phase 1 agreement on January 15th. The only thing marring positive sentiment were the airstrikes in Iran that killed Iran’s Soleimani and Iran’s missile attack on U.S. airbases in Iraq, but both did not have a lasting effect on the market. 

THE MARKET MONTH THAT WAS By Carol Buss

January 22, 2020

By Carol Buss

THE MARKET MONTH THAT WAS By Carol Buss

What a difference a year makes! Last December investors were wringing their hands over a potential recession. As a result, December 2018 was the worst December since 1931. That is quite a record, and one which did not feel very good. The market saw the sharpest losses on a Christmas Eve in history, and many turned off their computers and TV’s at the day’s early close in disgust, ready to celebrate Christmas with their friends and families, despite the market losses. This year we had a lot to celebrate on New Year’s Eve: the Dow up 22.3%, the S&P up 28.9%, and the Nasdaq up 33.5%.


THE MARKET MONTH THAT WAS By Carol Buss

December 16, 2019

By Carol Buss

November 2019 lived up to its billing as one of the best months of the year, with the Dow up 3.72%, the S&P 500 up 3.4%, and the Nasdaq up 4.5% for the month. The momentum from October continued on the 1st day of November, with both the S&P 500 and the Nasdaq setting record highs on that day, in reaction to a better-than expected employment report. On the 15th, the Dow cleared 28,000 points for the first time ever. This outperformance is not unusual, as the days before the Thanksgiving holiday are usually positive and November to January is usually a good period for the stock market..

THE MARKET MONTH THAT WAS, October 2019

November 11, 2019

By Carol Buss

October 2019 did not live up to its spooky billing, and the S&P 500 was up 2.04% for the month. October has a bad rap because there have been some very steep drops in the stock market in the month, most notably, in 1929, 1974, 1987, and 2008. In addition, major changes in the trend of the market have occurred in October. Despite its negative image, the average return for October during the last 50 years has been a positive .647, and there have been more up years than down years (43-27).

THE MARKET MONTH THAT WAS, September 2019

October 5, 2019

By Carol Buss

Following a negative return for the major indices in August, in September, 2019, the S&P 500 beat the averages of the past 70 years, which was -.59%. This time the Dow was up 1.95%, the S&P 500 was up 1.72% and the Nasdaq was up .46%. However, it was a tale of two halves, and just like many football games, each half can be a very different game. The first half ending on Friday 9/13, was positive, mostly due to an improved outlook for the China trade talks, and the second half was negative, again due to some setbacks in the talks, the Saudi oil fields attack, and the impeachment inquiry of Trump announced the afternoon of September 25th, which all produce more uncertainty.

THE MARKET MONTH THAT WAS, August 2019

September 5, 2019

By Carol Buss

You hear such generalities when listening to the news these days, and so much is glossed over to fit the perspective or agenda of the commentator, that I thought I would present a more detailed report about the past month.

Financial news is in a woeful state these days: generalities abound, sensationalism reigns, and too many are eager to advance their agendas than accurately describe the state of the market. Every day there is a new story line and a fresh angle, while a wealth of important details is regrettably glossed over. This report represents my attempt to be specific -- hopefully you will not mind weeding through the facts and figures and will find it informative and useful.