Market Action
January Market Action
The U.S. stock market continued to track higher during the first month of the year, despite the fact that individual investors continued to watch from the sidelines.
December Market Action
Many of the broad market indexes climbed to new cyclical highs in late-December, confirming that 2007 is almost certain to begin with a bull market still in command.
November Market Action
Small caps bolted out of the gates early in the month, ending November with gains that were ahead of the large cap indexes.
October's Market Action
The stock market’s turbocharged advance continued into October, putting YTD performance for the majority of broad market indexes into the double-digits.
Q3 Market Action
Perhaps if you were living in some obscure quarter of the Amazon jungle for the last month, you may not have heard the news that the Dow Jones Industrials Average was approaching and finally achieved a new all-time high in late-September and early October.
August Market Action
S&P 500 is now within striking distance of hitting new cyclical highs.
July Market Action
In July, weakness early in the month later transitioned into a comeback rally of sorts for the major stock market indexes.
Q2 Market Action
For the first time since the market low in March 2003, many investors got a chance to remember what a good old fashioned correction felt like.
View From The North Country
Half time update. Leuthold looks back at December 2005 predictions. Additional comments on Inflation, Corporate Earnings, The Dollar, Oil Prices, Gold, and Federal Budget Deficit.
May's Market Action
“Sell in May, then go away” goes that old piece of Wall Street wisdom. Problem is, this year everybody seemed to sell in May, so going away doesn’t seem like such a good idea anymore.
April Market Action
The big stories driving the day to day market action in April continued to be (in no particular order) the future of Fed policy, oil prices, the economy, and escalating tensions with Iran. However, despite the various uncertainties and vagaries regarding the aforementioned, many stock market indexes hit cyclical bull market highs during the month.
First Quarter Market Action
Stocks continued to move higher in the first quarter, with many of the broad market indexes finishing out Q1 near their cyclical highs.
February Market Action
For the month of February, the majority of broad stock market indexes ended roughly where they began.
January Market Action
Although the performance hurdle had not been set very high, many of the stock market indexes posted gains in January that beat (or rivaled) the gains for the entire year of 2005.
December Market Action
The end of year marked the third consecutive year of positive returns for the stock market, even though they were hardly the kind of gains that we saw in the earlier stages of the current recovery phase for stocks.
November Market Action
Back at the end of October, virtually all of the primary stock market indexes were slightly underwater on a YTD basis, but November’s market action changed all that with an impressive rally.
View From The North Country
Introducing the newest member of the Leuthold Research Team, Doug Ramsey. Also, a discussion on what could push the Major Trend Index back to positive territory and
October Market Action
With most indexes declining during October, it was not a bad month to have a portion of the asset allocation portfolio hedged.
September Market Action
Going into September, there was little expectation that equities would perform strongly in the coming month, and by that token, the market did not disappoint.
August Market Action
Considering the menace of record high oil prices and the devastation caused by Katrina— two topics which dominated the national headlines in August— stocks held up relatively well.