Market insights and analysis

How dynamic, risk-managed investment solutions are performing in the current market environment

1st Quarter | 2022

Market insights and analysis

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Updates on how dynamic, risk-managed investment solutions are performing in the current market environment.

The major stock market indexes were up last week, with the Dow and S&P hitting all-time highs. The NASDAQ composite led with a gain of 2.1%, the Dow Jones Industrial Average gained 1.0%, the S&P 500 Index rose 1.7%, and the Russell 2000 gained 2.0%. The 10-year Treasury bond yield rose about 13 basis points, as Treasury bonds fell for the week. Spot gold gained 2.7%. International developed rose 1.2% and emerging markets rose 1.6%, showing a bit more strength.

U.S. equity markets posted gains in two of three indexes last week. The Dow Jones Industrial Average gained 4.08%, the S&P 500 gained 2.16%, and the NASDAQ Composite lost 0.55%. Nine of 11 sectors were up last week; Energy, which posted the largest gain, was up by 16.46%.

U.S. equity markets posted losses in all three indexes last week. The NASDAQ Composite lost 5.51%, the S&P 500 lost 5.64%, and the Dow Jones Industrial Average lost 6.47%. All 11 sectors were down last week; Utilities, which posted the smallest loss, was down by 3.70%.

U.S. equity markets posted gains in all three indexes last week.

Market Update 9/28/20

The major stock market indexes finished mixed last week. The Dow Jones Industrial Average lost 1.75%, the S&P 500 Index fell 0.6%, the NASDAQ Composite rose 1.11%, and the Russell 2000 small-capitalization index lost 4.0%. The 10-year Treasury bond yield fell 3 basis points, and bond prices were flat. Last week, spot gold closed at $1,861.58, down $89.28 per ounce, or 4.6%.

U.S. equity markets posted losses in two of the three indexes last week. The NASDAQ Composite gained 1.11%, the S&P 500 lost 0.63%, and the Dow Jones Industrial Average lost 1.75%.

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Over 2,500 years ago, in what may have been one of the earliest examples of behavioral finance theory, ancient Greek philosopher Aristotle is reported to have said the following regarding the achievement of success.

Some of you may be surprised at how the Dow is performing compared to the other major stock market indexes—not only this year, but also over the past one year and three years.

Market Update 9/8/20

The major stock market indexes posted strong losses this week, consolidating some of the gains seen this year. The NASDAQ 100 (the laggard for the week) was down 3.1%, the S&P 500 Index fell 2.3%, the Dow Jones Industrial Average fell 1.8%, and the Russell 2000 fell 2.7%. The 10-year Treasury bond yield rose about ½ of a basis point, as Treasury bonds rose for the week. Last week, spot gold also fell somewhat as investors locked in returns, losing 1.6%. Year-to-date, the NASDAQ 100 is still up over 33% and gold is up over 27%, highlighting how well these asset classes have done.

The major stock market indexes fell last week. The Dow Jones Industrial Average lost about 0.75%, the S&P 500 Index fell 0.28%, the NASDAQ 100 dropped 1.52%, and the Russell 2000 small-capitalization index fell 0.39%. The 10-year Treasury bond yield fell about 4 basis points, as Treasury bonds gained ground for the week. Last week, spot gold gained more than 5%, behaving like a safe-haven asset as stocks took a break from their recent climb.

The major stock market indexes finished mixed last week. The Dow Jones Industrial Average gained 0.9%, the S&P 500 Index rose 1.7%, the NASDAQ Composite climbed 4.0%, and the Russell 2000 small-capitalization index lost 0.6%. The 10-year Treasury bond yield fell 3 basis points, as Treasury bonds gained ground for the week. Last week, spot gold closed at $1,798.70, up $23.32 per ounce, or 1.3%.

Equities rallied in the second quarter after a pandemic-related sell-off in the first quarter. About 84.6% of OnTarget Monitors for the quarter were “in the yellow” or better, with 70.4% “OnTarget” (“in the green”) or better (“in the blue”).

Last week, equity markets pushed higher, capping the shortened holiday week. The Dow Jones Industrial Average rose 3.20%, the S&P 500 gained 4.0%, the NASDAQ finished the week up 4.6%, and the Russell 2000 small-capitalization index locked in 3.85%. The 10-year Treasury bond yield rose 3 basis points to 0.67%, as Treasury bonds declined for the week. Last week, spot gold closed at $1,775.95, up 0.23%.

The major stock market indexes fell last week. The Dow Jones Industrial Average lost 3.3%, the S&P 500 Index fell 2.9%, the NASDAQ Composite dropped 1.9%, and the Russell 2000 small-capitalization index fell 2.8%. The 10-year Treasury bond yield fell almost 5 basis points, as Treasury bonds gained ground for the week. Last week, spot gold rose 1.57%, behaving like a safe-haven asset as stocks took a break from their recent climb.

Several decades ago (far too many) I was a new MBA graduate and had entered the management trainee program at what is now one of the world’s largest fully integrated communications firms.

The major stock market indexes gained last week. The Dow Jones Industrial Average gained 1.0%, the S&P 500 Index rose 1.9%, the NASDAQ Composite climbed 3.7%, and the Russell 2000 small-capitalization index advanced 2.2%. The 10-year Treasury bond yield fell 2 basis points, as Treasury bonds gained ground for the week. Last week, spot gold closed at $1,742.47, up $11.72 per ounce, or 0.7%.

The major stock market indexes finished up again this week (the S&P 500 has gained more than 3% for three straight weeks). The Dow Jones Industrial Average gained 6.8%, the S&P 500 Index rose 4.9%, the NASDAQ Composite climbed 3.4%, and the Russell 2000 small-capitalization index rocketed 8.1%. The 10-year Treasury bond yield rose 24 basis point, as Treasury bonds tumbled. Last week, spot gold closed at $1,684.38, down $45.89 per ounce, or 2.65%.

The major stock market indexes finished up last week. The Dow Jones Industrial Average gained 3.3%, the S&P 500 Index rose 3.2%, the NASDAQ Composite climbed 3.4%, and the Russell 2000 small-capitalization index rocketed 7.8%. The 10-year Treasury bond yield rose 1 basis point, as Treasury bonds were down in general. Last week, spot gold closed lower at $1,754.40, down $13.60 per ounce, or 0.7%.

The major stock market indexes finished to the downside last week. The Dow Jones Industrial Average lost 2.6%, the S&P 500 Index fell 2.4%, the NASDAQ Composite slipped 1.2%, and the Russell 2000 small-capitalization index lost ground at a 5.6 % rate. The 10-year Treasury bond yield fell 4 basis points, advancing Treasury bonds higher. Last week, spot gold closed higher at $1,743.67, up $40.97 per ounce, or 2.4%.

The major stock market indexes finished the week with strong gains. The Dow Jones Industrial Average grew 2.6%, the S&P 500 Index rose 3.5%, the NASDAQ Composite rallied 6.0%, and the Russell 2000 small-capitalization index gained ground with a 5.5 % advance. The 10-year Treasury bond yield rose 6 basis points, sending Treasury Bonds generally lower. Last week, spot gold closed higher at $1,702.70, up $2.28 per ounce, or 0.13%.

Despite a rally on Friday (4/24), the string of back-to-back weeks of gains for the major stock market indexes ended last week. The Dow Jones Industrial Average fell 1.9%, the S&P 500 Index slipped 1.3%, and the NASDAQ Composite gave back just 0.2%. The Russell 2000 small-capitalization index did manage a gain, rising 0.3%. The 10-year Treasury bond yield fell 4 basis points, sending Treasury bonds generally higher. Last week, spot gold was the big winner, closing at $1,729.60, up $46.78 per ounce, or 2.78%.