by DERWOOD S. CHASE, JR. | Jul 28, 2023 | Market Commentary
The current market recovery was primarily limited to large cap tech stocks with 90% of the S&P 500 gain attributable to the “Magnificent Seven.” Finally, in the last six weeks mid and smaller cap stocks have also participated and last week the Dow Industrials and...
by PETER W. TUZ, CFA, CFP® | Jul 13, 2023 | Market Commentary
Almost every bull market has a phrase attached to it calling out the stocks that are leading that market. In the 1970s it was the “nifty-fifty,” in the late 1990s it was the “dot.com era.” This year we have what many have called the “Magnificent Seven.” The...