Q2 earnings season is nearly complete.
Earnings were mixed with big wins coming from the likes of Apple. The technology sector has been leading the market year-to-date (think tech ladden Nasdaq index).
Market Update May 2019
Here is what the recent correction looked like, primarily in the last quarter of last year and the significant upward rally that took place during the first four months of this current year….
Market Update March 2019
Markets have recovered most the correction that occurred in the last quarter of 2018, with Canada rallying 17%+ and the U.S. rallying 20%+ since lows of last December 2018.
More recently, interest rates in the bond market have been dropping quickly, in anticipation that the American Federal Reserve may seek to perhaps lower, not increase interest rates.
How come…
Click here to read the March Update
Best,
Rob Hunter
Market Update – February 2019
The Canadian (TSX) and the American (S&P 500) bottomed on December 24. Both markets have been rallying up since then. The Canadian market has rallied up from 13,800 to 15,540 +12.6%. The U.S. market has rallied up from 2350 to 2704 +15%.
Both markets recovered in January, more than half of what they gave up over 5 months in Canada and 3 months in the U.S.