Coronavirus Pullback Continues

The global equity weakness continued yesterday, with consecutive 3% drops for the S&P 500 Index for the first time since August 2015. It might be hard to believe, but exactly one week ago today the S&P 500 was making a new all-time high. What a difference seven days makes! Yes, the uncertainty that that coronavirus … Read more

The Coronavirus Outbreak Is Spreading

News that the coronavirus—known as COVID-19—has spread to South Korea, Italy, Japan, and Iran, has led to massive selling around the globe, with many European markets closing down more than 4%. U.S. stock markets are selling off hard as well, with the S&P 500 Index down nearly 3% in early trading on Monday. “Although the … Read more

Earnings Season Observations

The recent news that technology giant Apple would miss its fourth quarter 2020 revenue targets has understandably increased investor anxiety surrounding the potential economic impact of the coronavirus (now called COVID-19). Lost in those headlines is corporate America’s impressive performance this earnings season. “Companies have done an admirable job growing profits considering stiff headwinds,” said … Read more

Closer Look at February

A late month selloff in January saw the S&P 500 Index close marginally lower for the month. But stocks have taken off in February, with the S&P 500 up nearly 4% this month, as US economic data remains strong and fears over the worst-case scenarios for the coronavirus appear overblown. Historically, February has been a … Read more

Weekly Market Update

LPL Research on CNBC. LPL Financial Senior Market Strategist Ryan Detrick was on CNBC’s Squawk Box yesterday with Becky Quick. You can watch the full interview here. S&P 500 futures point to strong open. Following a dramatic decline Monday, China’s major indexes rebounded overnight, acting as a catalyst for a global rally. The MSCI Asia Pacific rose 1.1%, with the Euro … Read more

Video – 3 Take-aways for Market Volatility

Volatility gives us a great opportunity to buy things on sale – just ask Warren Buffet…that is – if you can keep your emotions in check! In this video, Sam and Dan talk about recent volatility in the stock market and how both growth and value investors can leverage the fluctuations in portfolio construction. Check … Read more