by Proactive Advisor Magazine | Jan 13, 2021 | Topping the Charts
Against the backdrop of rising COVID cases, hospitalizations, and deaths, as well as a tumultuous political environment, two major economic reports were released last week. MarketWatch reported, “The U.S. lost jobs in December for the first time in...
by Proactive Advisor Magazine | Dec 2, 2020 | Topping the Charts
While Thanksgiving week historically tends to be positive for the U.S. stock market (up about 75% of the time, according to CNBC), last week saw outsized gains for major market indexes and several record highs. The Dow Jones Industrial Average closed...
by Proactive Advisor Magazine | Nov 18, 2020 | Topping the Charts
While U.S. equity markets cheered the news on vaccine developments last week, Federal Reserve Chairman Jerome Powell gave a more sobering assessment. According to Bloomberg, “Three of the world’s top central bankers warned Thursday [Nov. 12] that the...
by Proactive Advisor Magazine | Nov 4, 2020 | Topping the Charts
With the Q3 2020 earnings season competing directly with the election season and the global uptick in COVID-19 cases, the reaction to unexpectedly stronger earnings has been disappointing. First, the Q3 earnings analysis so far from FactSet (as of Oct....
by Proactive Advisor Magazine | Oct 21, 2020 | Topping the Charts
An article by analyst Mark Hulbert at MarketWatch last week said that market timers are “more bullish than at almost any other time since such data began being collected in 2000.” According to Hulbert, this contrarian signal has usually led to struggles...