WELLESLEY, MA – May 23, 2024 – Julex Capital Management, LLC., has been awarded a “Top Guns” distinction by Informa Financial Intelligence’s PSN manager database, North America’s longest running database of investment managers, in Q3 2023. Large Cap Plus PSN “TOP GUNS” RATING For 3-year Performance in the Large Cap Universes Dynamic Income PSN “TOP … Read more
WELLESLEY, MA – Nov 29, 2023 – Julex Capital Management, LLC., has been awarded a “Top Guns” distinction by Informa Financial Intelligence’s PSN manager database, North America’s longest running database of investment managers, in Q3 2023. Dynamic Multi AssetPSN “TOP GUNS” RATING3-year Performancein the ETF Global Balanced and Global Balanced Universes Dynamic SectorPSN “TOP GUNS” … Read more
Markets finished mixed this week. The Dow fell .53%, while the S&P 500 increased .58% and the Nasdaq Composite gained 1.82%. Earnings Reports Nvidia shares spiked 7% after a quarter in which the chip-maker generated $13.51 billion in revenue, a year over year increase of 101%. Additionally, the company’s Q3 forecast also greatly beat expectations, … Read more
The markets were mostly down this week. The Dow fell 2.19%, the S&P 500 lost 1.98%, and the Nasdaq Composite decreased 2.27%. Earnings Reports Walmart shares jumped 2% as the retailer exceeded investor expectations in both revenue and earnings per share in Q2, partly because of a 24% increase in E-commerce sales. The company also … Read more
The markets had a mixed week. The Dow ended up 1.06%, while the S&P 500 lost 0.61% and the Nasdaq Composite fell 2.34%. Moody’s Downgrades 10 Banks’ Credit Ratings The banks downgraded by the rating agency were primarily small to mid-sized banks, including M&T, Webster, and Pinnacle. Six other banks were placed under review for … Read more
(SUW – strong underweight, UW – underweight, N – Neutral, OW-overweight, SOW – strong overweight) CHANGE SUW UW N OW SOW Equities n Economic data show signs of resiliency, Inflation rates are trending down, and central bank rate hikes are close to the end. However, valuations, especially in the … Read more
Stocks ended the week down, as the Dow fell 1.13%, the S&P 500 decreased 2.32%, and the Nasdaq Composite dropped nearly 3%. Fitch Downgrades US Credit Rating The rating agency cut the US rating from AAA, the highest rating, to AA+, the second highest, due to an anticipated “fiscal deterioration over the next three years,” … Read more
This week, the Dow rose 0.65%, although it ended a 13 day winning streak on Thursday. The S&P 500 gained 0.79%, and the Nasdaq Composite increased by 1.67%. A large part of the gains stemmed from positive earnings reports, and the Federal Reserve’s more positive outlook on the economy. US Federal Reserve Meeting The … Read more
The Dow gained for the tenth straight day on Friday, up 2.08% on the week. The S&P 500 Index gained 0.69%, while the Nasdaq Composite index rose by 0.54%. Bank Earnings Reports Amid high interest rates among other factors, many banks released positive earnings reports alongside other banks such as JP Morgan Chase and Wells … Read more
The week saw market rallies, as the Dow rose over 800 points, or 2.4%, in the best performance since March. The S&P 500 rose 2.5%, and the Nasdaq rose 3.3%. The rises were in part due to optimism regarding inflation and an end to rate hikes, as well as strong earnings reports from companies such … Read more