• Home
  • Firm
  • Services
    • Recap Advisory Services
    • Retirement Planning
  • Portfolio
    • Recap Investment Approach
  • Custom Approach
    • Difference
    • Financial Planning
    • Retirement Planning
  • Articles
  • Blog
  • Fees
  • Contact
Montecito Capital Management, Investment Advisors

Investment Insights I Market Outlook & Investment News

Investment Insights & Financial Facts for the Month of July

7/1/2016

 
-July 29, 2016 Weekly Market Roundup. 2nd quarter earnings continued to outpace expectations with 8-of-10 companies beating consensus estimates. The S&P 500 index was flat for the week, while the Dow Jones Industrial Average fell -0.7%.  Driven by strong corporate earnings, the tech stocks of NASDAQ Composite jumped +1.3% for the week.  The higher beta small-cap stocks outperformed large-cap stocks. In terms of style, large-cap growth stocks outmatched large-cap value stocks. The best performing sectors were tech and health care, while the worst performing sectors were energy & consumer staples. The last week of July was unchanged in the corporate bond market pricing, with spreads remaining static.

-July 22, 2016 Weekly Market Roundup. Markets finished modestly higher to cap-off
four straight weeks of gains in the slowest week of trading so far this year. The U.S. Equity Market rose for the week with the S&P 500 finishing up +0.3% on strong corporate earnings and increased M&A activity. Second quarter earnings ramped up this week with 89 companies in the S&P 500® Index reporting results.  Thus far, 126 companies in the Index have provided quarterly updates: 86 (68%) have exceeded earnings estimates while 72 (57%) have exceeded sales estimates.  Large-cap stocks performed in-line with small-cap stocks. In terms of style, large-cap growth stocks outperformed large-cap value stocks. The best performing sectors were info tech and health care, while the worst performing sectors were industrials and energy.

-July 15, 2016 Weekly Market Roundup. After being propelled by on a strong start to the earnings season and better-than-expected economic data, the S&P 500 index is on the verge of posting record closing highs for five consecutive days; a feat that has not been seen in nearly two decades. The S&P 500 has risen 8% since the Brexit fallout. Valuations are now getting frothy and in this pricey market environment, we strongly believe that investors should increase diversity across a variety of asset classes.
 
-July 8, 2016 Weekly Market Roundup. Markets rose during the holiday-shortened week with positive economic data buoyed investor sentiment, strong employment data and the Fed Reserve’s Minutes on rate hikes showing “prudent to wait for additional economic data before proceeding.”  With this +4% gain in the market over the past two weeks, the S&P 500 closed just below its all-time high. In turn, bond yields continued to drop; the yield on the 10-year U.S. Treasury closed at 1.37%, down from 1.46% last week. The move reflects high domestic & overseas demand for U.S. Treasuries and perhaps its denomination of the USD.


-July 1, 2016 Weekly Market Roundup. The U.S. Equity Market unexpectedly rose for the week as fears of a post-Brexit tantrum failed to materialize. Broad equities staged a dramatic recovery from Monday’s lows, helped by increased M&A activity, after posting three consecutive days of greater than 1% gains. The S&P 500 index ended the week up +3.3%, which snapped a streak of three consecutive weekly losses. This highlights the importance of staying invested through volatile periods because the best days for the market tend to follow its weakest days. However, we continue to suggest preparing for ongoing volatility in the second half of the year by rebalancing portfolios to a more diverse mix of asset classes.


https://twitter.com/MontecitoCapMgt

Comments are closed.

    Follow us on Twitter: @MontecitoCapMgt

    Monthly Archives:
              

    May 2025
    April 2025
    March 2025
    February 2025
    January 2025
    December 2024
    November 2024
    October 2024
    September 2024
    August 2024
    July 2024
    June 2024
    May 2024
    April 2024
    March 2024
    February 2024
    January 2024
    December 2023
    November 2023
    October 2023
    September 2023
    August 2023
    July 2023
    June 2023
    May 2023
    April 2023
    March 2023
    February 2023
    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    November 2015
    October 2015
    September 2015
    August 2015
    July 2015

    Categories

    All

We Would Love to Have You Visit Soon!


Hours

M-F: 6:30am-6pm

Telephone

1-805-965-7955

Email

[email protected]