Locally based CPA firm since 1956
Marketwatch January 2023

Marketwatch January 2023

Goodbye 2022 – As we entered the year 2022, we dealt with old and new exogenous shocks, a pandemic becoming and endemic, and a conflict between Russia and Ukraine. But the year quickly became about inflation and its impacts on central banks that were behind the curve...
Marketwatch December 2022

Marketwatch December 2022

Are we now entering the next bull market? The Nasdaq gained 11.48% over the past month, bringing its YTD loss to (26.3%). The S&P 500 gained 10% bringing its YTD return to (14.01%) and the Dow gained 7.97% bringing its YTD returns to (4.93%). Last month we wrote,...
Marketwatch November 2022

Marketwatch November 2022

After the brutal September, the markets recovered some of the year-to-date (YTD) losses. The Nasdaq gained 4% over the past month, bringing its YTD loss to (30.1%). The S&P 500 gained 7.99% bringing its YTD return to (18.76%) and the Dow gained 13.95% bringing its...
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...