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Our PureVest Weekly Roundup looked at the S&P 500’s record close above 5000 and what a new closing high typically means moving forward. Bob Iger’s Disney turnaround plans gained momentum this week as they beat on earnings and had other positive announcements. Ford reported solid earnings, raised guidance, and slowed down EV investments. Did you work from home this year? If so, you may […]

Our PureVest Weekly Roundup looked at the latest jobs number, which exceeded expectations in January. Jerome Powell left rates unchanged on Wednesday and signaled that a rate cut in March was not likely; he also reiterated that the Fed is done hiking rates but will be patient on cutting. Meta is the day’s big winner as they announced a first-ever dividend

Our PureVest Weekly Roundup looked at the latest GDP reading, which showed the economy growing much faster than forecasted; inflation continued to decline. Netflix stock jumped close to 15% post-earnings after they announced over 13 million new subscribers for the quarter. Visa beat earnings on Friday, yet another sign of a strong consumer. We added a good article covering ten simple lessons

Our PureVest Weekly Roundup looked at what drove the S&P 500 to close on Friday at a new all-time high. Lower inflation, expected interest rate cuts, resilient consumer spending, an Apple upgrade, and continued optimism towards AI-related companies are to thank for the market’s continued momentum. 2023 was the worst year for new home sales in nearly 30 years as high-interest rates

Our PureVest Weekly Roundup looked at the first round of Q4 earnings reports, which came from the financials. Wholesale inflation numbers unexpectedly fell in December. After years of denying these products, the SEC approved BITCOIN ETF proposals. We mentioned last month that turmoil in the Red Sea was something markets will be watching. Oil prices jumped on Friday after some escalation

Our PureVest Weekly Roundup looked at a recap of 2023 and some key storylines the markets will be watching in 2024. The stock market has not declined in a presidential re-election year since 1952, with an average return of 12.5%. We added an article reviewing those numbers and more stats regarding markets and elections. The unemployment rate was 3.7% in

Our PureVest Weekly Roundup looked at the historical data behind the Santa Claus Rally, which kicks off today. This 7-day stretch has produced positive returns for stocks 79.5% of the time, with an average return of 1.4%. Gas prices continue to fall on the heels of increased global oil production. Turmoil in the Red Sea will be something markets will keep