The Dow... Will It...

This Winning Streak Is Going To End – But Do You Care?

David B. Armstrong, CFA Weekly Market Commentary, Weekly Market Commentary Page 18

I’m sure I will not be the only one using this reference to the famous scene from Spinal Tap where Nigel Tufnel explains how his band’s amplifiers go to eleven…”When you need that extra push over the cliff…” Please, and I’m probably talking to most of the people at Monument as well as most of the Millennial Generation…please watch this …

What One Economic Indicator is Saying About an Upcoming Recession

David B. Armstrong, CFA Weekly Market Commentary, Weekly Market Commentary Page 18

First – a look back at what was happening in 2008. I thought this was a pretty interesting clip from the University of Pennsylvania. I have more thoughts on news and headlines below but first I want to transition to one of the leading economic indicators I like to keep a sharp eye on…the Department of Labor’s Weekly Initial Jobless …

DOW 30000

So The Dow Hit 20,000… What Does That Mean For You?

David B. Armstrong, CFA Weekly Market Commentary, Weekly Market Commentary Page 18

First – we feel like Monument is just one of those places that does a great job recruiting and retaining great employees. While not all of them remain, we love to highlight how hard work and good decisions lead to greater success down the road. Many of you may remember Kristen Owen. Kristen started with us as a recent MBA …

common sense

Why Earnings, Charts and Oil are Important to You Right Now.

David B. Armstrong, CFA Weekly Market Commentary, Weekly Market Commentary Page 18

Earnings season hasn’t ended yet, but it’s really slowing down since over 2,000 companies have reported their earnings for the quarter… we’re in the home stretch. Wal-Mart (WMT) is the unofficial “closer” of the reporting period and they will announce on August 18th. So far, most investors seem satisfied by both the earnings and the market’s response. The S&P 500 …

Stocks Are On A Roll – What Now?

David B. Armstrong, CFA Weekly Market Commentary, Weekly Market Commentary Page 17

Last week was a busy one for me. I had a dinner meeting every evening and there was a resounding theme, both implicit and explicit, in almost every conversation we had – “Is now a good time to add money to portfolios or start taking chips off the table?” Answer: I don’t know. How could I? But that still does …