Locally based CPA firm since 1956
Marketwatch October 2022

Marketwatch October 2022

September was brutal closing the month with a 9% decline in and slightly greater than 5% for the third quarter. The Nasdaq lost about 10.5% over the past month, bringing its quarterly loss to roughly 4%. Both indices had the worst September since 2008. September is...
Marketwatch September 2022

Marketwatch September 2022

August was not such a great month in the markets. The Dow lost 4.1% while the S&P 500 lost 4.2% and the Nasdaq Composite lost 4.6%. The markets weren’t doing too badly until Federal Reserve Chairman delivered his speech on Friday the 26th . Shortly afterward the...
Marketwatch August 2022

Marketwatch August 2022

July was a great month in markets. The Dow rose to a 6.7% gain while the S&P 500 added 9.1% for the month. The Nasdaq Composite, while still in bear market territory, is up roughly 12.4%. Those were the biggest monthly gains for all three indexes since 2020. Are...
Marketwatch July 2022

Marketwatch July 2022

I am writing this a day early as we head into the July 4th weekend. I’d like to say I’m being proactive and giving everyone information before they begin to think about the holiday weekend. The truth is, I’m headed out for a long weekend and wanted to get this out...
Marketwatch June 2022

Marketwatch June 2022

The NASDAQ dropped -9.81% in May, the DOW dropped -5.50% and the S&P 500 eked out a marginal gain rising 0.01%. However, that small one-month advance belies just how volatile trading was in May. The broader market index experienced 10 daily moves of at least 1% in...
Marketwatch May 2022

Marketwatch May 2022

The month of April saw markets lose (8.8%) for S&P 500 while the Dow lost (4.9%) and the NASDAQ lost (13.3%). I am a worried optimist – I say that because while I’m worried, I am also optimistic that we will not see the horrific economic challenges of the 1970s...