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Market Updates

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Weekly Market Review: The Week Ending June 16, 2018

By: Jim Rambo, Allegheny Research Team

The Fed announced on Wednesday their decision to raise the Fed Funds rate by 0.25% to a target of 2.00%. This was the second increase of the year with plans for another two by year-end. […]

Weekly Market Review: The Week Ending June 2, 2018

By: Jim Rambo, Allegheny Research Team

On the surface, last week looks like it was pretty uneventful. Markets were closed Monday for Memorial Day, so it was a short week. The S&P 500 ended the week up slightly, and the Dow […]

Weekly Market Review: The Week Ending May 26, 2018

By: Jim Rambo, Allegheny Research Team

Lately, the market has been optimistic that the U.S. and China will be able to work out our differences on trade. Progress has been made with China agreeing to purchase more U.S. goods to narrow […]

Weekly Market Review: The Week Ending May 19, 2018

By: Jim Rambo, Allegheny Research Team

It was a less than a spectacular week for economic data releases. Weekly initial jobless claims came in a little higher than the consensus expectation. This wasn’t a big concern considering jobless claims are near […]

Weekly Market Review: The Week Ending May 12, 2018

By: Jim Rambo, Allegheny Research Team

Global equities enjoyed a streak of positive daily returns accumulating into healthy weekly gains. The S&P 500 and the MSCI Emerging Markets indices returned 2.5%, while the MSCI EAFE (International Developed Markets) returned 1.6% for […]

Weekly Market Review: The Week Ending May 5, 2018

By: Jim Rambo, Allegheny Research Team

The bulk of S&P 500 companies have now reported earnings with an average year-over-year growth rate of 24.2% far beating estimates of 17.3% going into the quarter. The monthly US Employment Report was released this […]

Weekly Market Review: The Week Ending April 28, 2018

By: Jim Rambo, Allegheny Research Team

Thus far, we’ve had just over half (267) of S&P 500 companies report earnings for the first quarter with remarkable results so far. Of the companies that have reported, 80% have topped analyst profit expectations. […]

Weekly Market Review: The Week Ending April 21, 2018

By: Jim Rambo, Allegheny Research Team

Politics took a bit of a break from dominating headlines last week as focus comes back to earnings and economics. Eighty-nine of the S&P 500 companies (17%) have reported their 1st quarter earnings with 79% […]

Weekly Market Review: The Week Ending April 14, 2018

By: Jim Rambo, Allegheny Research Team

Concerns of a trade war continue to hang over the market as investors are worried the world’s two largest economies (U.S. & China) will stifle global economic growth with heavy import tariffs. Those concerns did […]

Weekly Market Review: The Week Ending April 7, 2018

By: Jim Rambo, Allegheny Research Team

Headlines continue to shock equity prices as President Trump exchanges barbs with China in what investors are fearing is an imminent trade war. The feud started with Trump’s announcement of the steep tariffs on steel […]