January 19th, 2021 US stocks have been pushing upwards today. The Dow rose 0.44% and S&P 500 rose 0.6%. Ten-year Treasury yields climbed back to 1.1% and the dollar weakened. Goldman Sachs and Bank of America shares slipped even after profits were reported to be strong. Janet Yellen’s Confirmation Hearing Janet Yellen is poised to … Read more
President-elect Biden will officially take office on January 20th. With both congress and presidency under the control of the Democrats, the COVID relief measures and economic policies are expected to change significantly. It will be interesting to explore the implications of the potential changes on stocks markets. COVID Relief Measures Biden plans to pass another … Read more
January 11th, 2021 Stocks fell to start the week. The Dow dropped 0.4%, S&P 500 dropped 0.6%, and NASDAQ dropped 1.2%. Technology stocks were hit the hardest. Twitter dropped 7% during the first hour of trading and Facebook dropped 3% during the same time period. Trump is Removered from Twitter Many conservatives said the move … Read more
Monday US stocks fell on Monday, as investors hoped the rollout of the vaccines would help the economy regain ground in the long term. The Dow fell over 500 points, or 1.7%, the S&P 500 fell 1.83%, and Nasdaq fell 1.31%. Tesla stock rose 3%, as they had sold a record of 499,950 cars the … Read more
WELLESLEY, MA – November 18, 2020 – Julex Capital Management, LLC., has been awarded a “Top Guns” distinction by Informa Financial Intelligence’s PSN manager database, North America’s longest running database of investment managers, for Q3 2020. TrueAlpha™ Small Cap PSN “TOP GUNS” RATING for One-Year Performance in the Small Cap Value Universe Dynamic Income PSN … Read more
The US stock market was led by the tech companies to new highs last week. On August 18th, the S&P 500 reached a historic high of 3,395.06, surpassing its previous record of 3,393.52. After hitting a 52-week low on March 23rd, the S&P 500 has risen 54%. The gains were driven by major tech shares. … Read more
WELLESLEY, MA – August 21, 2020 – Julex Capital Management, LLC. announced today that its TrueAlpha™ Small Cap was awarded “Top Guns” designation by Informa Investment Solutions’ PSN manager database, North America’s longest running database of investment managers, for Q2 2020. TrueAlpha™ Small Cap Informa Investment Solution’s PSN “TOP GUNS” Status for Q2 and One-Year Performance … Read more
Improved economic data drove the cyclical stocks higher. The initial jobless claims dropped below 1MM, first time since the start of lockdown. Retail sales rose 1.2% from last month. Industrial production grew 3.0% in July. Trump’s Executive Order on Relief Package Trump issued an executive order after talks with Pelosi and Schumer broke down. The … Read more
The stock market started the first week of August with a positive tone. The economy continues to recover from the pandemic-triggered recession. Both manufacturing and service sectors show robust rebound according to Institute of Supply Management. The second quarter GDP declined by a 33% annual rate, the worst since the Great Recession but in line … Read more
The US stock market was led higher by the tech companies last week. The four tech giants Amazon, Alphabet, Apple and Facebook all reported better-than-expected earnings results. Stock Market & Financial News On Monday, US stocks rose slightly when tech companies’ stocks outperformed. The Dow rose 86 points at midday, or 0.3%. Nasdaq Composite rose … Read more