Market Week: May 13, 2024

The Markets (as of market close May 10, 2024) The market closed last week higher. Investor sentiment was bolstered by good corporate earnings results from key megacaps. Of the 459 companies of the S&P 500 that have reported earnings, 77% beat consensus...

Market Week: May 6, 2024

The Markets (as of market close May 3, 2024) The markets enjoyed a solid week of gains on the heels of favorable corporate earnings data and a softer-than-expected employment report (see below). Investors could be viewing the dip in job hires and wage growth as the...

Sell in May? Maybe Not | Weekly Market Commentary | May 6, 2024

“Sell in May and Go Away” is one of the most widely used maxims on Wall Street. There is no shortage of financial media coverage on this topic as the calendar turns to May. However, this phrase may be more rhyme than reason, as stocks tend to trade higher during this...