Sign up for our newsletter and receive weekly market updates and monthly industry insights and inspiration, sent directly to your inbox.

Subscribe to our Weekly Market Commentary
2 months ago

Stocks Spent the Past Week Bouncing from Oversold Conditions: Market Commentary from Cabana’s CEO – October 16, 2023 

Stocks spent last week bouncing from oversold conditions that resulted from the pullback that began in August. The market-leading Nasdaq and cap-weighted S&P 500 found support just above their 200-day moving averages and, importantly, for the S&P 500 just above the important 420 level (SPY). I have included a six-month chart below for reference. The… Read the full article.

2 months ago

Is the Recent Lack of Volatility Just the Calm Before the Storm? Or a New Healthy Normal?: Market Commentary from Cabana’s CEO – September 18, 2023

As of Friday, major stock indices are churning right at their respective 50 day moving averages. This follows a plethora of economic reports last week. We got inflation data, unemployment and retail sales during the last three days of the week. All of it can be summed up as “in line” or slightly above expectations…. Read the full article.

3 months ago

Major Stock Indices Pull Themselves out of Last Week’s Ditch Ahead of Labor Day Weekend: Market Commentary from Cabana’s CEO – September 2, 2023 

The major stock indices appear to have pulled themselves out of the “ditch” described last week. We saw all big three reclaim their respective 50-day simple moving averages. The rebound came on the back of a plethora of economic reports this week, including the Federal Reserve’s preferred inflation gauge, the Personal Consumption Expenditures Index. We also… Read the full article.

6 months ago

This Week Marked the Suggested End of the Longest Continuous Bear Market Since 1948: Market Commentary from Cabana’s CEO – June 15, 2023  

During the past week we have continued to see positive expansion in market breadth. More and more sectors are participating in the rally that began a month ago and has been supported almost exclusively by a few huge tech companies. In my view, this is a very positive development and strengthens my belief that this… Read the full article.