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Sometimes Analogies are Just Easier to Understand
The U.S. stock market continued its relentless move higher. Having posted its best 12 month return in more than 30 years last quarter (56.36%), the S&P 500 Total Return Index cooled off only slightly, recording a 40.33% return for the 12 months…
Most Recent Commentary
The Tandem Report
The first half of the year is now in the rearview mirror. And, the first six months of 2024 marked one of the strongest rallies to start the year since the lead up to the dotcom bubble in the late 90s.
Observations
Last month, strength in the market-cap weighted S&P 500 and the tech centric Nasdaq persisted with both indices logging their second straight monthly gain and fifth monthly gain since the start of the year. The S&P 500 rose 3.5%, while the Nasdaq…
Notes from the Trading Desk
Markets experienced continued strength throughout the first few weeks of June as the S&P 500 logged its third consecutive weekly gain, up for the eighth week in the past nine. The benchmark index closed higher by 0.61% last week, bringing its month-to-date…