John Hancock: Weekly Market Recap Week Ended April 26th
Recovery story The market’s climb above its previous record high set last September is remarkable in part because of the depths that stocks sank to just four months ago. Since a recent low on December 24, the S&P 500 had climbed nearly 25% through Friday’s market close. Earnings lift While quarterly profits are expected to […]
John Hancock: Weekly Market Recap Week Ended April 19th
Retail revival After declining in February, a gauge of U.S. retail sales climbed 1.6% in March, posting its biggest monthly gain since September 2017. The gain was broad, with sales rising for nearly every retail store category. Calming trend Stock market volatility has declined to its lowest level in six months, based on a […]
John Hancock: Weekly Market Recap Week Ended April 12th
Fed’s sweet spot The U.S. Federal Reserve may keep interest rates unchanged through the rest of this year, although it’s prepared to consider a further increase or perhaps a rate cut if economic conditions significantly shift in coming months. That’s the takeaway that many economists had on Wednesday after reviewing minutes released from the […]
Reuters and Kevin Miller: S&P wavers with U.S.-China trade talks in focus
To read the full article click here. https://www.nasdaq.com/article/us-stockssp-wavers-with-uschina-trade-talks-in-focus-20190404-00712 __ “The fundamentals are strong enough and the trade talks are offering an added support to the sentiment,” said Kevin Miller, Chief Investment Officer at E-Valuator Funds in Minneapolis, Minnesota. “I do expect that the U.S. will get a trade agreement signed with China and that […]
John Hancock: Weekly Market Recap Week Ended April 5th
Approaching records The rally that started in late December has returned stocks close to the record heights reached more than six months ago. As of Friday, the S&P 500 and Dow were both around 1.5% shy of their records, while the NASDAQ was about 2.1% below its peak. Jobs recovery Stocks rose on […]
Kevin Miller on TD Ameritrade Market On Close
Click the image to watch the interview: https://tdameritradenetwork.com/video/rB4AoWndGq-BaeUDHxQCyw
John Hancock: Weekly Market Recap Week Ended March 29th
Dazzling Q1 Although March’s results weren’t as impressive as the numbers from January and February, first-quarter stock performance was the best in about a decade. The S&P 500 returned nearly 14% over the first three months of the year, the Dow about 12%, and the NASDAQ nearly 17%. Calming trend Market volatility subsided in […]