Strength in the housing industry continued this week as 999,000 new homes were built in October. This number is better than the expected 972,000. Durable goods orders continued to be resilient in October. The growth of 1.3% was higher than the expected 0.95%. This is the sixth month in a row new orders are up....
The S&P 500 finished the week flat despite more positive news on vaccine developments. Small caps continued to perform well and gained 1.9% on the week. Value outpaced growth by 1.3% on the week and now more than 6% over the last two weeks. The 10-year Treasury yields approached 1% but have backed off to...
S&P 500 one-week performance was strong. Over the period, the index was up 3.81%. This performance was led by Energy, up 14.29%, and Financials, up 10.20%. These are the two sectors which have struggled the most this year. The returns come on the heels of positive news of a COVID-19 vaccine and a little more...
