Locally based CPA firm since 1956
Marketwatch – August 2020

Marketwatch – August 2020

 In July, the indexes booked a fourth straight monthly gain, with the Dow gaining 2.4%, the S&P 500 advancing 5.5% and the NASDAQ rallying 6.8% for the month. It occurs to me that folks tend to consider political figures as heroes or villains. That tendency...
Marketwatch – August 2020

Marketwatch – July 2020

The month of June was a consolidation month in the market.  The Dow lost ground (1.16%) for the month, while the S&P 500 gained +1.84% and the NASDAQ finished + 4.9%.  That brings the year-to-date returns to:  Dow to (9.55%), S&P 500 (4.04%), and the NASDAQ +...
Marketwatch – June 2020

Marketwatch – June 2020

The month of May was again a strong month in the market yet all three major indices remain in negative territory for the. Over the past eight weeks, 36 million Americans have filed unemployment claims. US GDP plunged by 4.8% in the first quarter of 2020. Yet the US...
Marketwatch – May 2020

Marketwatch – May 2020

The month of April was one of the strongest months in the market on record. All three major indices remain in negative territory for the year but April sure helped alleviate some of the pain. The DOW is -14.69% year-to-date (YTD) with April’s return clocking a very...
Marketwatch – May 2020

Marketwatch – Mid-April 2020

U.S. equities ended the second week of April with the largest weekly recovery ever. We don’t think this will hold. Uncertainty and credit Issues are the two biggest challenges for markets. The markets are not looking for the light at the end of the tunnel, only that...