our insights

End of October Market Update ·        This was a huge month for biotechnology.  Biotech is a very long duration asset (many companies are far from their first profits), so they benefit greatly from lower interest rates.   ·        This was also a very good month for solar/clean energy.  Strangely, this industry tends to move counter-intuitively (meaning not at all like political control would make you think).   ·        October was also a huge month for semi-conductors, as demand continues to...

Historically, September is a difficult month for stocks.  Market started to anticipate this by flattening out in mid-August, but positive interest rate news sent the market soaring again after Labor Day.

Growth stocks seem a little tired. Give them credit where it is due, they have sizzled over the last few months.  However, in the wake of Nvidia’s extremely-solid-but-not-quite-lights-out earnings report and strong-but-not-pound-the-table-strong forward guidance, investors have decided that the tech sector might need to rest for a little while.