Author: ClearWater Private Wealth

ClearWater Market Commentary as of November 19th, 2021

The major indexes ended the week mixed as investors weighed on strong economic and profits data against inflation fears, ongoing supply strains, and a rise in coronavirus infections in some regions.

ClearWater Market Commentary as of November 12th, 2021

Stocks retreated from record highs, as investors confronted data showing the highest inflation in three decades. On Tuesday, the S&P 500 Index registered its first decline in nine sessions, ending its longest winning streak since 2017.

Indexes Rocket Higher – November 6, 2021

The S&P 500 index closed up 2 % this week. The Nasdaq 100 soared, up 3.21% which is 6.44% in the last two weeks! The charts are in an uptrend, and most of my indicators continue to point higher. All indexes closed at new highs, including the Russell. Semiconductors, airlines, home builders, hotels, all continued higher. Was this the sunrise for the next round of higher highs on Semiconductors? The ducks on the pond are all heading towards it! Looks similar to what the market did this week!

We still have some problems in the industrial commodities. They didn’t plummet, it is just that they badly underperformed the indexes. Big stuff like tech and discretionary continue to move higher. Options trading is soaring in total contracts as investors take large positions in TSLA, MSFT, FB, GOOGL. For some reason railroads and trucking rolled over while airlines turned up.

It’s not all easy out there. 84 stocks were down more than 15% on the week. Just when you think the water it safe, some significant portfolio damage shows up. I wrote a separate article on that on Saturday under the articles tab on the website.

Bond prices continued to rise this week and the bond price charts breaking out of a downtrend. An interesting chart is shown below where it looks as though the bond yields chart leads the stock market by 2-3 months. Will this signal a drop in the stock market to start the new year? The falling yields helped home builders and hurt financial stocks.

Currencies were mixed, but it looks like the Euro wants to rise. The Canadian Dollar was falling. Bitcoin made a nice move Sunday night.

Summary: Tech is going higher. Industrials also seem ready to move. Bitcoin is breaking out tonight. Commodities get more cautious. I like the gold trade setup.

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ClearWater Market Commentary as of November 5th, 2021

Stocks posted impressive weekly gains as a relatively dovish Federal Reserve policy meeting, healthy economic data, and a strong tail end to the earnings season all boosted sentiment toward equities.

ClearWater Market Commentary as of October 29th, 2021

Most of the major indexes recorded gains and reached new highs. The week was the busiest of the third-quarter earnings reporting season, with several technologies and internet-related giants announcing results.

ClearWater Market Commentary as of October 22nd, 2021

All the main indices moved to record highs, seemingly helped by a series of positive earnings surprises. Further reflecting the strong investor sentiment.

Quarterly Newsletter: Take financial stock to make change happen

Savings and investments may be the last thing on your mind as you enjoy our all-too-short summer. We can’t blame you! We hope you and your loved ones are safe and secure and can truly enjoy the warm days ahead.

ClearWater Market Commentary as of October 15th, 2021

Stocks built on the previous week’s gains, helped by some strong economic signals and positive earnings surprises.

ClearWater Market Commentary as of October 8th, 2021

Most of the major benchmarks recorded gains, with the S&P 500 Index recovering a portion of the previous week’s losses.

ClearWater Market Commentary as of October 1st, 2021

A Friday rally moderated the losses, but the large-cap benchmarks and Nasdaq Composite index recorded their biggest weekly drops since February and rounded out the worst monthly declines since the onset of the pandemic, seemingly weighed down by inflation and interest rate fears.

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