Weekly Market Commentary

July 20th, 2020 Chadd Mason, CEO The Cabana Group The S&P 500 Turns Positive for the Year The benchmark S&P 500 index has officially broken out above 3200 and, in doing so, broken out of its two -month trading range. We have been watching this unfold for...

Weekly Market Commentary

July 13th, 2020 Chadd Mason, CEO The Cabana Group Equity Markets Show Strength Ahead of Bank Earnings Equity markets moved to the high end of their trading range over the past week. For those keeping track, the S&P 500 has been rangebound between 3000 and 3200 for...

Weekly Market Commentary

July 7th, 2020 Chadd Mason, CEO The Cabana Group Midyear Outlook: Acknowledging Where We Are To start, I hope everyone had a safe and restful July 4th holiday. Time spent with family and friends is what matters most. The older I get the more that reality sinks in. I...

Weekly Market Commentary

June 22nd, 2020 Chadd Mason, CEO The Cabana Group Covid-19 Cases Spike in the U.S. as Boeing Resumes 737 Max Test Flights The S&P 500 closed on Friday just below its 200-day moving average. This was the culmination of a 5% drop for the week. The Dow and Nasdaq...

Weekly Market Commentary

June 22nd, 2020 Chadd Mason, CEO The Cabana Group Which Way Will the Market Break? U.S. equity markets continue to be range bound but hold above the all-important 200-day moving average at 3000 (S&P 500). I read over the weekend that there remains a record amount...

Weekly Market Commentary

June 15th, 2020 Chadd Mason, CEO The Cabana Group Markets Show Important Reversal at Even More Important Level Two weeks ago, we commented on the ongoing test faced by the broad indices at their respective 200-day moving average. We noted that if equity markets were...