Market Commentary

By Keith Gangl The long-anticipated broadening of the equity market was on full display in February. January had already offered early signals of this shift, with international and small-cap stocks…

By Keith Gangl The start of a new year signifies a fresh beginning, a new chapter, and renewed optimism. The stock market, measured by the S&P 500, continued its upward trajectory…

By Keith Gangl, CFA® The stock market, measured by the S&P 500, finished near record highs, closing the year up 17.75%. The year 2025 marked the third consecutive year of double-digit…

By Keith Gangl October is known for volatility, but this year that wasn’t the case, as turbulence seems to have shifted into November. The stock market managed to sidestep the historically…

By Keith Gangl Halloween and October are synonymous with spooky customs and trick-or-treating, just as financial markets are historically known for October volatility. However, this October defied its frightening reputation, delivering…

By Keith Gangl Historically, September has been the worst month of the year for the stock market, as measured by the S&P 500. After a weak start to the month, it…

By Keith Gangl The US stock market finished in positive territory in August, with the S&P 500 posting a 2.02% gain to extend its winning streak to four consecutive months. This…

By Keith Gangl, CFA® The stock market’s second half began where the first half ended with continued strength and continuing its winning ways. The S&P 500 gained 2.24% in July while…

By Keith Gangl The first half of 2025 is now in the books, and it proved to be a memorable period for investors. As June ended, the stock market, as…

By Keith Gangl Following a volatile April, May delivered a remarkable turnaround with normalized volatility and impressive stock market returns. The Wall Street adage of "sell in May and go away"…