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Weekly Market Commentary / Investment News 

 

Tuesday, August 20, 2019

The Major Markets all ended lower for the week, but the returns hid the instability that took place during the five trading sessions. Volatility spiked again last week as headlines from China impacted global markets. China has been...

 

Tuesday, August 13, 2019

Market turmoil hit a new depth Monday as the S&P 500 opened significantly lower, recording the largest daily drop so far in 2019. But as the week progressed, the S&P 500 managed to slowly work back most of the losses. Markets opened...

 

Tuesday, August 6, 2019

There was little refuge last week as all five of the Major Markets experienced a significant pullback. The S&P 500 treaded water ahead of Wednesday’s FOMC Announcement. At 2:00 PM ET, the FOMC announced the first rate decrease...

 

Tuesday, July 30, 2019

The domestic markets rose higher yet again last week, setting new records. The tech-centric Nasdaq made the largest gains, closing out the week 2.26% higher. The S&P 500 followed behind, while the Dow Jones Industrial Average barely...

 

Tuesday, July 23, 2019

The Major Markets experienced a pullback after reaching new all-time highs in a number of the indices early in the week. Earnings began to become the dominate factor last week as the earnings season ramps up. Only Consumer Staples and...

 

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Tuesday, July 16, 2019

The Major Markets continued the gains in the domestic market, while the emerging markets experienced a pullback. The S&P 500 traded lower on Monday as the markets geared up for Fed Chairman Jerome Powell’s semiannual testimony...

 

Tuesday, July 9, 2019

The Major Markets started the second half of 2019 strong as all five indices closed higher. The greatest gains were seen in the NASDAQ, as the on-again, off-again news of the US China trade talks was back on, going into the...

 

Tuesday, July 2, 2019

The Major Markets closed out the first half of the year with mixed performance for the final week of June. While the three main domestic indices closed lower on the week, the small cap segments of the market managed to add some...

 

Tuesday, June 25, 2019

The Major Markets all closed firmly higher last week, as the S&P 500 traded to new all-time highs on the first day of summer. Going into the week, the markets were poised for significant gains ahead of the FOMC meeting and press...

 

Tuesday, June 18, 2019

After two weeks of substantial movement, the markets calmed ahead of this week’s Fed meeting. All five of the Major Markets closed in positive territory, but under a percentage point higher for the week. While the FedWatch tool...

 

Tuesday, June 11, 2019

After finishing the month of May with the largest weekly loss of the year, the S&P 500 rebounded with the largest weekly gain for the year. Likewise, while every sector closed lower for the week ending May 31st, all 11 sectors ended...

 

Tuesday, June 4, 2019

The shortened trading week saw more red last week as the domestic market fell again. Despite having one less trading day last week, the S&P 500 experienced the largest weekly drop so far this year. This culminated into the first...

 

Wednesday, May 29, 2019

The selling continued last week as all five of the major markets fell again. The mounting weekly losses have created the longest consecutive stretch of red for the Dow Jones Industrial Average since June of 2011. This speaks to the...

 

Tuesday, May 21, 2019

The Major Markets experienced another pullback last week as the US China trade war continues. While there were losses across all five indices, the greatest were in Emerging Markets. On Monday, China announced that they would increase...

 

Tuesday, May 14, 2019

The Major Markets experienced a significant pullback last week on the news that U.S. China trade talks were failing. While the selling was widespread, the largest losses were seen in Emerging Markets. The MSCI Emerging Market index...

 

Tuesday, May 7, 2019

The Major Markets hovered near all-time highs as all but the Dow Jones Average closed higher for the week. In a bit of a twist, large cap and mid-cap value indices outperformed their growth peers, while the small cap growth index beat...

 

Tuesday, April 30, 2019

The Major Markets ended mixed for the week as earnings season is in full swing. The domestic market closed mostly higher as the S&P 500 set a new all-time closing high and is expected to set a new all-time intraday high this week....

 

Wednesday, April 24, 2019

In a bit of a role-reversal from last week, the Dow Jones Industrial Average led the major markets higher. That said, the results were muted again last week as the returns for the abbreviated trading week were all within a percentage...

 

Tuesday, April 16, 2019

The S&P 500 finally broke through the psychological threshold of the 2900 level on Friday. As of the close of last week, the blue-chip index ended less than a percentage point below the all-time high set in 2018. As the domestic...

 

Tuesday, April 9, 2019

The Major Markets started the new quarter off strong as the gains were wide spread. The tech-focused Nasdaq led the pack as Emerging Markets were not far behind. The domestic market was carried higher by tempered optimism from last...

 

Tuesday, April 2, 2019

The first quarter completed with the best quarterly performance for the S&P 500 since 2009. The gains spanning style boxes have been fairly consistent this year. Yet, growth remains the dominant side across capitalizations as value...

 

Tuesday, March 26, 2019

The Major Markets closed moderately lower for the week, as numerous headlines pulled at the developed markets. On Wednesday, the Fed announced that the Fed Funds Rate would remain unchanged. Furthermore, they indicated that any rate...

 

Tuesday, March 19, 2019

The Major Markets found new life last week, as all five indices ended higher by Friday. The tech-focused Nasdaq led the pact as the Information Technology sector surpassed all other sectors last week. While the Industrials sector...

 

Tuesday, March 12, 2019

The Major Markets experienced the largest pullback in some time, as all five indices fell for the week. The S&P 500 was unable to hold the 2800 threshold, after closing above it on March 1st. This marked the fourth time that the level...

 

Tuesday, March 5, 2019

After nine consecutive weeks of gains, the Dow Jones Average finally marked a loss as the Major Markets closed mixed for the week. Economic data loomed over the markets, as reports delayed form the shutdown continue to be released and...

 

Tuesday, February 26, 2019

Emerging Markets led the pack last week on renewed trade optimism. The 7th round of trade talks began on Tuesday between the US and China. https://www.cnbc.com/2019/02/19/new-round-of-us-china-trade-talks-to-kick-off-on-tuesday.html...

 

Tuesday, February 19, 2019

Optimism around US China trade talks helped to carry most of the Major Markets higher last week. While the developed markets posted solid gains for the week, there was widespread weakness across the emerging markets. It was notable...

 

Tuesday, February 12, 2019

It was a mixed week on Wall Street. The Nasdaq led the pack followed by the Dow Jones which has managed to lock in its 7th consecutive weekly gain. The S&P 500 eked out a small gain after a late Friday rally. Additionally, the S&P 500...

 

Tuesday, February 5, 2019

The polar vortex blew over North America last week as parts of the country experienced some of the lowest temperatures in decades. Some even managed to set or tie record lows. https://weather...

 

Tuesday, January 29, 2019

The 35 day long partial government shutdown concluded last Friday with the signing of a three-week funding bill. Despite the full reopening of the government, the impact of the shutdown will continue to be felt into the next few weeks...

 

Tuesday, January 22, 2019

The S&P 500 posted gains for the fifth consecutive week, taking the blue-chip index to a gain of 6.5% for the year. There have been few down-days so far this year. Only three of the 13 trading days thus far in 2019 have ended lower,...

 

Tuesday, January 15, 2019

The Major Markets began the first full week of January with gains as all five indices climbed higher. In fact, the positive start to the New Year was wide spread as all 11 sectors finished higher. By the end of day Friday, the market...

 

Tuesday, January 8, 2019

The Major Markets closed out 2018 with losses across the board as the S&P 500 experienced the worst calendar year performance in a decade. December ended up being particularly bad as the S&P 500 closed down over 9%, while the Dow...

 

Wednesday, January 2, 2019

Christmas Week was anything but a holiday for the stock market. Despite the positive gains made by the end of the week, the stock market had one of the most volatile and memorable trading weeks in history. The week began with an...

 

Thursday, December 27, 2018

The S&P 500® Index is a capitalization index of 500 stock-designed to measure performance of the broad domestic economy through changes in the aggregate market value of stock representing all major industries. https://us.spindices...

 

Tuesday, December 18, 2018

Santa Claus was nowhere to be found last week as the 5 Major Markets all ended lower for the week. Utilities and Communication Services where the lone positive sectors in the market last week, as the remaining nine ended lower....

 

Tuesday, December 11, 2018

The Holiday spirit was missing from the Major Markets last week as all five indices closed deep in the red. The S&P 500 opened higher on headlines that the US and China had agreed to delay further tariff actions for 90 days. This...

 

Tuesday, December 4, 2018

The final week of November ended on a positive note as all five of the Major Markets closed significantly higher. The gains were fueled in large part by comments from Jerome Powell on Wednesday. In comments made last week, Powell...

 

Tuesday, November 27, 2018

It seemed like the only thing the market had to be thankful for last week was that it was an abbreviated holiday trading session. The Dow Jones Average led the pack lower last week as the 30-company benchmark was hit hard. In fact,...

 

Monday, November 19, 2018

The back and forth of the Major Markets continued last week as four of the five indices closed deep in the red. Like the prior week, Emerging Markets did the opposite of the rest of the major markets. There were little gains at the...

 

Tuesday, November 13, 2018

The Major Markets saw some relief again last week as four of the five indices closed higher. Emerging Markets struggled yet again as the impact of tariffs and an ongoing bear market in China weighed down the overall index. China...

 

Tuesday, November 6, 2018

The Major Markets found some relief last week as all five closed with gains, as they shook off the ghosts of October. In the end, the losses in the monthly returns were mitigated by positive midweek activity. October closed with a...

 

Tuesday, October 30, 2018

The bloodshed in the stock markets continued last week as all of the major markets fell three to four percent for the week. As of Friday’s close, the S&P 500 is down 8.76% for the month of October, sitting in the middle of the...

 

Tuesday, October 23, 2018

Market participants had little rest last week as gremlins seemed to toy with the markets following the prior week’s sell-off. The major markets ended mixed with slight gains in the Dow Jones and the S&P 500. The muted weekly...

 

Tuesday, October 16, 2018

The ghosts of Octobers past were felt last week as the major markets sold off deep into the red. The S&P 500 closed lower by 4.1%, outpaced by the Dow Jones Average which had a loss of 4.2%. The daily losses continued from the...

 

Tuesday, October 9, 2018

The selling resumed last week as all 5 major markets ended lower. Emerging Markets led the pack lower as the index lost 4.5% last week. The Nasdaq was not far behind it with a loss of 3.2%. The drop in the equity market was fueled in...

 

Tuesday, October 2, 2018

The third quarter ended with a whimper as all but the Nasdaq ended lower on the week. After trekking lower Monday and Tuesday, the S&P 500 briefly spiked higher on Wednesday before closing lower on the session. In the end,...

 

Tuesday, September 25, 2018

The major markets saw gains in all but the Nasdaq last week. At the sector level, only Utilities and Real Estate ended substantial lower. While Information Technology also ended lower, it only dropped ever so slightly. The makeup of...

 

Tuesday, September 18, 2018

The Major Markets all surged higher last week, despite the headlines dominated by Hurricane Florence and trade wars. Hurricane Florence was downgraded to a Category 1 hurricane when it made landfall on Friday. While the drop in...

 

Tuesday, September 11, 2018

In a fitting end to the summer fun, the Labor Day shortened trading week was marked by broad selling. All five of the Major Markets saw selling as the NASDAQ outpaced Emerging Markets to the downside. The S&P 500, like the Nasdaq, saw...

 

Wednesday, September 5, 2018

History was made again last week when a number of the Major Markets closed out the Month of August in record territory. The week opened on a positive note as news broke that Mexico and the UNITED STATES had reached a new trade deal....

 

Tuesday, August 28, 2018

The major markets locked in weekly gains despite political headlines surrounding the Mueller investigation. Of these, Emerging Markets had the strongest gains. This is on the heels of three weeks of percentage point losses. But the...

 

Tuesday, August 21, 2018

It was another mixed week for the major markets as the gains and losses were widespread. Emerging Markets was hit especially hard as concerns continued surrounding US-China trade relations, the Turkish lira, and oil prices. US-China...

 

Tuesday, August 14, 2018

The Major Markets ended mostly lower as only the tech centric NASDAQ closed in positive territory. Emerging Markets took center stage last week as geo-political risk re-entered the markets. On Friday, ongoing turmoil in Turkey came to...

 

Tuesday, August 7, 2018

The domestic markets closed higher last week while the foreign markets ended lower. On Wednesday, the Fed concluded their mid-summer meeting leaving interest rates unchanged, as expected. In their minutes, they continued to highlight...

 

Tuesday, July 31, 2018

The Major Markets ended the week mixed as the 2nd quarter earnings season made winners and losers last week. The Dow Jones lead the pack with a 1.6% gain while the S&P 500 followed a percentage point behind it. The NASDAQ didn’t...

 

Tuesday, July 24, 2018

The Major Markets ended mostly unchanged by Friday’s close. Emerging Markets saw the largest pullback for the week as the index gave back 50 basis points. But even this was muted compared to recent weekly activity. Last...

 

Tuesday, July 17, 2018

The summer heat wave continued last week as Wall Street made gains for the second week in a row. The Dow Jones Industrial Average led the pack with a gain of 2.3%. Meanwhile, the Nasdaq composite hit a new record high. The S&P 500...

 

Tuesday, July 10, 2018

The markets heated up in the midst of the holiday shortened trading week as only Emerging Markets ended lower. After weeks of tension surrounding trade tariffs, markets seemed to shrug off any new news. The S&P 500 opened the week...

 

Tuesday, July 3, 2018

The Major Markets ended lower last week as the first half of 2018 came to a close. Markets begin the week on a low note as new concerns on relations with China emerged. The Wall Street Journal reported that the Treasury Department was...

 

Monday, June 25, 2018

The major markets took a hit last week as talks of a trade war continued. After both the US and China announced tariffs on $50 billion of each other’s exports, President Trump announced that an additional $200 billion worth of...

 

Tuesday, June 19, 2018

There was a significant stream of noteworthy news last week, but none of the headlines moved the S&P 500 in a significant way. The benchmark index ended the week almost exactly flat, while the tech-heavy Nasdaq outperformed, adding 1...

 

Tuesday, June 12, 2018

The major markets closed higher across the board as the S&P 500 registered its third consecutive weekly gain. The Dow Jones generated an impressive 2.77% gain for the week, but the NASDAQ and the Russell 2000 both managed to reach new...

 

Tuesday, June 5, 2018

Last week kicked off the unofficial beginning of summer. Yet, the major markets didn’t seem to have much enthusiasm. In the end, the markets finished mixed with the Nasdaq seeing strong gains while the Dow Jones and MSCI World...

 

Wednesday, May 30, 2018

Geopolitical news dominated the headlines last week. Treasury Secretary Steven Mnuchin, announced over the weekend that tensions surrounding a potential trade war between the United States and China were de-escalating as a result of...

 

Tuesday, May 22, 2018

The major markets took a pause last week as the indices fell with the Dow Jones and Emerging Markets reentering negative territory for the year. The biggest news for the equity indices was actually in small caps. The Russell 2000...

 

Tuesday, May 15, 2018

It was a strong week for the Major Markets as all 5 closed over 2% higher. This carried all five indices back into positive territory for the year once again. Much attention was given to President Trump’s decision to withdraw...

 

Tuesday, May 8, 2018

It was a mixed week for the markets as only four sectors closed higher on the week. The strongest performer by far was the IT sector as it added just shy of 3 and a quarter percent for the week. This helped to carry the overall NASDAQ...

 

Tuesday, May 1, 2018

The markets fell on the week as each of the 5 major indices closed lower. The S&P 500 started flat on Monday before falling on Tuesday. Wednesday saw the lows of the week before beginning the climb back up to unchanged for the last...

 

Tuesday, April 24, 2018

Of the major markets, all but the MSCI Emerging Market index continued their trek higher last week. The week opened with modest gains as participants processed the impact of the prior weekend’s US-led missile strike on Syria....

 

Tuesday, April 17, 2018

The Major Markets closed higher across the board last week. The Nasdaq led the pack with a sizable gain of 2.77% for the week, re-establishing the gains year to date. While the weekly gains help the indices to move more towards...

 

Tuesday, April 10, 2018

The roller coaster ride of the major markets continued last week as the S&P 500 fell again. After opening over 2 percent lower on Monday, the market experienced 3 consecutive days of gains only to be followed by one last day with...

 

Tuesday, April 3, 2018

While the Major Markets closed the holiday shortened week higher, they didn’t seem to find much relief as volatility was still elevated from day to day. Monday began the week with the largest daily gains since the flash-crash...

 

Tuesday, March 27, 2018

As if coming out of hibernation in the spring, the bears re-emerged last week causing the major markets to decline substantially. By the end of the week, the NASDAQ and the Emerging Markets Indices were the two major markets still...

 

Tuesday, March 20, 2018

The back and forth continued this week as the markets largely ended lower. In somewhat of a turn of events, Real Estate and Utilities were the only sectors than closed higher after being two of the weakest sectors year to date. Each...

 

Tuesday, March 13, 2018

The Major Markets closed higher as the back and forth fluctuations of the market continue. The NASDAQ set a new all-time high while the remaining major markets continue their attempts to reclaim their prior high-water marks. Tuesday...

 

Wednesday, March 7, 2018

February ended much like January did as the S&P 500 traded higher just before falling on the last couple days of the month. When February was completed, the S&P 500 saw the first monthly decline in 10 months with a loss of 3.89% Last...

 

Tuesday, February 27, 2018

Markets spent most of the holiday shortened trading week in the red with glimpses of gains on Tuesday and Wednesday before a late day rally took the S&P 500 into positive territory for the week. By Friday’s close, the Major...

 

Tuesday, February 20, 2018

After two horrific weeks, the major markets saw significant gains for the 5-day session. While the weekly gains helped to bring the indices back into the green for the year, there is still significant ground to be made up to return to...

 

Tuesday, February 13, 2018

The bloodshed continued last week as the major indices all dropped at least 5% while the MSCI emerging markets index fell 7.15%. The selling began on January 26th in the S&P 500 ramped up last week. Altogether, the losses reached 11...

 

Tuesday, February 6, 2018

February 5, 2018 Time for a Checkup Our annual Forecast event takes place Tuesday evening of this week, where we review the economic and market events of the previous year. We also take a look at how the year to come may play out....

 

Tuesday, January 30, 2018

January 29, 2018 It's a Super Week For a number of reasons this is a Super Week! One of those reasons is very obvious to just about any American, and that’s because the Super Bowl takes place this Sunday. That has added...

 

Monday, January 22, 2018

January 22, 2018 Winter in Minnesota Following the disappointing performance of the Minnesota Vikings in the conference championship game yesterday, for many Minnesota residents, it may feel like a long bleak winter stretches endlessly...

 

Tuesday, January 16, 2018

January 16, 2018 The January Effect What is the January Effect? We’re not referring to the January Blues, which certainly affects many of us now that the Holidays are over and it’s back to work. Evidenced by historical data...

 

Monday, January 8, 2018

Counsel Wealth Forecast 2018 This week we’re happy to let you know that our Forecast event for 2018 has been scheduled. It’s always our first event of the year and we like to start off right! We think this year’s...

 

Tuesday, January 2, 2018

January 2, 2018 The New Year Happy New Year! The Holidays are now firmly fixed in the rear view mirror, as is the year of 2017. From a purely financial perspective, it was a good year in many ways. Economic statistics like unemployment...

 

Wednesday, December 27, 2017

December 26, 2017 Tax Reform 2017 Happy Holidays! Last week saw the passage of “The Tax Cut & Jobs Act.” With such changes about to take place to the U.S. tax code many people are wondering what impact this might have on...

 

Thursday, December 21, 2017

The dust is finally beginning to settle on “The Tax Cuts & Jobs Act” of 2017. This is also known as the new tax bill, and it will start to take effect in the next few years. Many people are wondering how it will impact them...

 

Tuesday, December 19, 2017

December 18, 2017 The Santa Claus Rally It’s the time of year for the annual “Santa Claus Rally” in the stock market. This refers to the tendency for the stock market to have a strong upward burst in the last several...

 

Wednesday, December 13, 2017

December 11, 2017 ‘Tis The Season ‘Tis the Season to be Jolly! It’s a phrase used to describe this time of year, and we certainly tend to hear it, say it and sing it often this month. Ever wonder about its origin?...

 

Tuesday, November 28, 2017

November 27, 2017 The Holiday Rush As we enter the final few weeks of the year over lives seem to vibrate at a different frequency. The Holidays are upon us, and that means our calendars fill up and the days and weeks just seem to pass...

 

Monday, November 20, 2017

Happy Thanksgiving! What better time of year to pause and take a moment to count our blessings? The Thanksgiving Holiday lends us all a natural opportunity to do so. Certainly the world around us today is as rife with conflict as ever....

 

Monday, November 13, 2017

November 13, 2017 Upcoming Event We are sponsoring a “Ladies Shopping Day” on Friday, December 1st at the Galleria Mall in Edina and Mall of America. Participants will gather at our office that morning and we will provide...

 

Monday, November 6, 2017

November 6, 2017 Counsel Wealth Management would like to take this time to send our thoughts and prayers to the victims, their family, and their friends who were hurt and affected by the attacks in New York and Texas over the past week...

 

Monday, October 30, 2017

October 30, 2017 Happy Halloween! Counsel Wealth Management wants to wish everyone a fun and safe Halloween! So far this year the markets have been giving us a lot more treats than tricks. We certainly hope this trend continues....

 

Monday, October 23, 2017

October 23, 2017 The MarketsAnd the hits just keep on coming. Last week was the anniversary of Black Monday. On October 19, 1987, the Dow Jones Industrial Average (Dow) lost 508 points, or more than 20 percent of its value, as it fell...

 

Monday, October 16, 2017

October 16, 2017 Upcoming Event While this may not be an event for all of our clients, it will appeal to some! We are sponsoring a “Ladies Shopping Day” on Friday, December 1st at the Galleria Mall in Edina and Mall of...