Broadening Holds, Supply Lines Still Need Fuel The S&P 500 closed higher on the week but, after stumbling early, closed inside last week’s range. Under the continuing shadow of the Iran conflict, fragile peace discussions, and renewed concern around the Strait of Hormuz, investors remain caught between risk appetite and geopolitical caution. Recent reporting continues […]
Strengthening Core The market finished lower on the week, but the story beneath the surface was more constructive than the headlines may have suggested. The S&P 500 Index declined -0.61%, yet the broader ranks held firm. Under the continuing shadow of the Iran war, renewed peace discussions, and ongoing concerns around the Strait of Hormuz, […]
Broadening Holds While the Generals Take Fire The market remained under the shadow of the Iran war and the continuing contest over nuclear ambitions and control of the Strait of Hormuz. Oil has remained volatile as markets weigh conflict risk against the possibility that diplomacy may contain escalations. Against that backdrop, the generals took one […]
Early July Fireworks, Broadening Still Under Review This past week, the S&P 500 rose more than 1% on light volume, continuing the early July advance toward the 7600-resistance zone. Seasonally, early July often has a way of lighting a firecracker under the market, drawing investors back into the field before the historically more difficult stretch […]