Posts by Juan Luque - Assistant Trader & Portfolio Manager

In my previous post, I discussed the S&P 500 Index (SPX) and the potential that a new bull market may have commenced beginning June 7th. June and July were good months for stocks with the SPX finishing up 3.11% in July and the NASDAQ Composite closing July up over 4%. August has been an altogether Read More

Stocks ended the trading day higher on Thursday June 7th, and according to mainstream media the S&P 500 index has officially entered a new bull market. The Federal Reserve began their hiking campaign over a year ago on March 16th, 2022, to tame inflation. Over the past year, the Fed has hiked interest rates by Read More

In my previous post, we discussed the Federal Reserve being under pressure to pause raising interest rates in March after the collapse of Silicon Valley Bank (SIVB) and Signature Bank (SBNY) had investors questioning the health of the banking sector. Despite the crisis, the Fed raised rates by 25 basis points to 4.75%-5% pushing borrowing Read More

Federal Reserve Chair Jerome Powell began his Semiannual Monetary Policy Report to Congress on March 7th by acknowledging the hardship and impact high inflation has on the U.S. economy. He recognized the importance of price stability, suggesting without it, a sustained period of labor market conditions that would benefit all cannot be achieved. He continued by Read More

The December CPI report came in at 6.5%, with inflation having declined from 7.1% in November. Lower inflation expectations have boosted investor sentiment, causing stocks to rally in the New Year. This week, however, the S&P 500 Index has retreated and is trading under its long-term moving average, a delineator of trend. History has taught Read More