The markets continued to rise along with the chess-like strategic moves of the US-China trade war saga. This past week the participants decided to play somewhat…

The broad markets experienced another down and increasingly volatile week last week as the Q2 earnings season continued to wrap up.  Eight of the 11 S&P 500 sectors finished lower this week. The energy sector was off the most or 3.9% even though oil rose 1% this week & the Financial sector was off 2.2% in line with the decline of the yield curve. The three sectors that moved higher were consumer staples up 1.6%, real estate up .3% and utilities up .5%.

July 2019 Monthly Market Update