by Proactive Advisor Magazine | Jan 25, 2023 | Topping the Charts
Before the significant week-ending rally last Friday (Jan. 20), much of the financial news commentary had centered on a consistent theme in response to the market’s recent weakness: “Is bad news bad again?” CNN focused heavily on the “impending debt...
by Proactive Advisor Magazine | Jan 11, 2023 | Topping the Charts
In its recent article “Back-to-Back Down Years Are Rare for the Stock Market,” Statista, a leading provider of market and consumer data analysis, shows that the odds favor positive returns for U.S. equity markets in 2023: “After a year of ups and downs,...
by Proactive Advisor Magazine | Dec 14, 2022 | Topping the Charts
Zack’s Investment Research recently provided a cautious assessment of corporate earnings over the next several quarters. The firm wrote on Dec. 2, 2022, “The Q3 earnings reports showed that contrary to fears of an impending earnings cliff, companies...
by Proactive Advisor Magazine | Dec 7, 2022 | Topping the Charts
The Conference Board’s most recent report on the Leading Economic Index (LEI) showed a decline for October, down 0.8% from the previous month. According to Fox Business, that follows a 0.5% decline in September. The Conference Board’s press release...
by Proactive Advisor Magazine | Nov 16, 2022 | Topping the Charts
U.S. equity markets put in their biggest rally last week since the pandemic in 2020, with the Dow, S&P 500, and NASDAQ registering gains of 4.15%, 5.9%, and 8.1%, respectively. The better-than-expected CPI data released last week was likely the...