Market Updates

/Market Updates
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Weekly Market Review: The Week Ending November 3, 2017

By: Jim Rambo, Allegheny Research Team

The big news last week was Republicans from the House of Representatives releasing the much-anticipated tax bill. The overarching theme is to reduce the complexity of our tax system. The bill proposes reducing corporate taxes […]

Weekly Market Review: The Week Ending October 27, 2017

By: Jim Rambo, Allegheny Research Team

It’s now been seven weeks in a row for large-cap U.S. stocks recording fresh record highs. While international stocks have led domestic stocks for all of 2017 thus far, the margin is shrinking. The year-to-date […]

Weekly Market Review: The Week Ending October 20, 2017

By: Jim Rambo, Allegheny Research Team

It was another positive week for U.S. equities. About 20% of S&P 500 companies have now reported third-quarter earnings with 76% beating estimates. The U.S. large-cap index has posted six straight weeks of record highs. […]

Weekly Market Review: The Week Ending October 13, 2017

By: Jim Rambo, Allegheny Research Team

Economic data continues to come in positive pushing equity markets further into record territory. The S&P 500 and Dow Jones Industrial posted weekly gains for the fifth straight week. While residents of Florida and Puerto […]

Weekly Market Review: The Week Ending October 6, 2017

By: Jim Rambo, Allegheny Research Team

The global economy continues to expand with the three largest national economies (U.S., Europe, and China) all releasing positive growth data this past week. U.S. and Emerging Market equities, in particular, had very strong weeks. […]

Weekly Market Review: The Week Ending September 22, 2017

By Jim Rambo, Allegheny Research Team

The Fed announced last week that they will keep rates unchanged but indicated that we will likely see a hike by the end of the year. They have two meetings remaining in 2017. Fed Funds […]

Weekly Market Review: The Week Ending September 15, 2017

By Jim Rambo, Allegheny Research Team

The market rallied last week with investors relieved that the initial damage reports from Hurricane Irma were not as bad as estimates had predicted. The “relief trade” last Monday pushed the S&P 500 higher by […]

Weekly Market Review: The Week Ending September 8, 2017

By Jim Rambo, Allegheny Research Team

U.S. stocks closed the week down with investors concerned about the ongoing disaster in Texas from Hurricane Harvey and the looming threat of Hurricane Irma barreling down on Florida. Early estimates of the combined damage […]

Weekly Market Review: The Week Ending August 25, 2017

By Jim Rambo, Allegheny Research Team

The 2017 Jackson Hole Economic Summit wrapped up this Saturday. All in all, there was not too much to write home about. Investors hoped to glean more insight into how quickly the Fed will raise […]

Weekly Market Review: The Week Ending August 18, 2017

By Jim Rambo, Allegheny Research Team

For the second week in a row, U.S. equities finished in negative territory. Small-cap stocks took the biggest hit with the Russell 2000 down over 1%. After an explosive 4th quarter post-election rally, small-caps are […]