Latest News From LPL Financial
LPL Financial Research
- Weekly Market Performance – Markets Higher As Stocks Enter New Bull Market June 9, 2023Friday, June 9, 2023 Index Performance View enlarged chart U.S. and International Equities Markets Mostly Higher The S&P 500 Index finished this week up more than 20% from its October 2022 closing low, marking the start of a new bull … Continue reading →David Matzko
- The Bulls are Back in Town June 9, 2023Friday, June 9, 2023 Key Takeaways: The S&P 500 officially entered bull market territory yesterday. It took 165 trading days to surpass the 20% qualifier for a technical bull market, marking the second longest period to confirm a new bull … Continue reading →Adam Turnquist, CMT, VP Chief Technical Strategist
- When to Get Back in if We Have a Recession: The NBER Signal June 8, 2023Thursday, June 8, 2023 Key Takeaways: The median timing of the National Bureau of Economic Research’s (NBER) recession calls has been nearly coincident with recession-associated market bottoms, although the dispersion has been very wide. That shouldn’t be surprising. NBER doesn’t … Continue reading →Barry Gilbert, PhD, CFA, Asset Allocation Strategist
- Stock Market Implications if Recession Arrives in 2023 June 7, 2023Wednesday, June 7, 2023 We had hoped to write a blog about the “official” start of a new bull market today, but no such luck. The S&P 500 Index closed at 4,283 on Tuesday (and is trading around that level … Continue reading →Jeffrey Buchbinder, CFA, Chief Equity Strategist
- Glut of Treasury Issuance Coming. What Could Investors Expect? June 6, 2023Tuesday, June 6, 2023 It seems like Treasury investors can’t catch a break. Last week, investors were concerned about a U.S. default (not a real risk, in our view) and this week, there is a lot of focus on the … Continue reading →Lawrence Gillum, CFA, Chief Fixed Income Strategist
- Weekly Market Performance – Markets Higher Amid Debt Ceiling Legislation and Improving Inflation Reports June 2, 2023Friday, June 2, 2023 Index Performance View enlarged chart U.S. and International Equities Markets Higher Equities finished the week higher across the board. This week’s approved debt ceiling agreement along with the possibility that the Federal Reserve is done tightening … Continue reading →David Matzko
- Will A Blowout Jobs Report Change the Fed’s Mind? June 2, 2023Friday, June 2, 2023 Highlights: Company payrolls grew by 339,000 in May as April estimates were revised higher to 294,000. Job gains were broad-based and occurred in professional and business services, health care, construction, and social assistance services. The unemployment … Continue reading →Jeffrey J. Roach, PhD, Chief Economist
- Time for a June Swoon? May 31, 2023Tuesday, May 31, 2023 Key Takeaways: A June swoon may be in the cards as the S&P 500 struggles to clear key resistance at 4,200. While a deal in Washington could be a catalyst for a breakout, overbought conditions in … Continue reading →Adam Turnquist, CMT, VP Chief Technical Strategist
- Weekly Market Performance – Markets Mixed Amid Positive Tech Earnings May 26, 2023Friday, May 26, 2023 Index Performance View enlarged chart U.S. and International Equities Markets Mixed U.S. stocks ended the week mixed as growth sectors continue to lead. Year to date, growth sectors have outperformed as some investors believe the slowing … Continue reading →David Matzko
- Strong First 100 Days a Positive Sign for the Rest of 2023 May 26, 2023Friday, May 26, 2023 Yesterday was the 100th trading day of 2023, and a productive 100 days for stocks it was. Through that 100th trading day on May 25, about 40% of the way through the year, the S&P 500 … Continue reading →Jeffrey Buchbinder, CFA, Chief Equity Strategist
- Treasury Yields During Recessions May 26, 2023Friday, May 26, 2023 Key Takeaways: Both longer-term Treasury yields and short-term Treasury yields tend to decline during recessions, but the effect is larger and more consistent with short-term Treasuries. Over the last eight recessions, the median maximum yield decline … Continue reading →Barry Gilbert, PhD, CFA, Asset Allocation Strategist
- A Closer Look at Momentum May 24, 2023Wednesday, May 24, 2023 Key Takeaways: Momentum picked up steam for the S&P 500 last week until overhead resistance came into play at 4,200. Stocks have once again struggled to surpass this hurdle, although it shouldn’t be too surprising given … Continue reading →Adam Turnquist, CMT, VP Chief Technical Strategist
- Tuesday Fixed Income Quick Takes May 23, 2023Tuesday, May 23, 2023 U.S. Treasury yields are generally higher over the past week with the two-year trading around 4.4%. The 0.50% increase in the two-year yield since last Monday is largely due to markets pricing out rate cuts later … Continue reading →Lawrence Gillum, CFA, Chief Fixed Income Strategist
- Weekly Market Performance – Markets Grind Higher Amid Mixed Debt Ceiling News May 19, 2023Friday, May 19, 2023 Index Performance View enlarged chart U.S. and International Equities Markets Higher U.S. stocks ended the week higher as growth sectors led the advance. Year-to-date, growth have outperformed as some investors believe the slowing economy will cause … Continue reading →David Matzko
- Follow the Money May 19, 2023Friday, May 19, 2023 Key Takeaways: The pain trade for the broader market is higher as sentiment and positioning remain extremely bearish. Despite all the negativity, risk appetite appears to be building among hedge fund managers, who added exposure to … Continue reading →Adam Turnquist, CMT, VP Chief Technical Strategist