There are moments in time when decades seem to happen in weeks.  That’s how it feels now as I sit to write this commentary.  The whipsawing of the markets over the past 3 months was smooth sailing compared to the first week of April.  The Oak Springs investing strategy was carried through the first quarter.. read more →

2024 was another great year for the Magnificent Seven stocks.  Apple, Microsoft, Alphabet, Amazon, Nvidida, Tesla and Meta Platforms had an outsized performance impact on the major US indices.  It was a repeat of the 2023 performance when the seven stocks accounted for 60% of the S&P performance.  The remaining 593 stocks in the S&P.. read more →

The 3rd quarter of 2024 was a positive one for most areas of the US stock market. The Dow and the S&P both hit new highs.  The Magnificent 7 stocks took a breather while the broader market participated in the upward market move.  The 3rd quarter saw the Federal Reserve pivot from rate hikes to.. read more →

The second quarter stock market performance was another cycle of rinse and repeat.  The market made its way through the quarter as it has since the fall of 2022, riding on the back of the tech stocks known collectively as the Magnificent Seven. The top ten stocks accounted for about 62% of the S&P total.. read more →

The first quarter of 2024 was one for the record books.  New record highs were recorded for the Dow, the Nasdaq Composite and the S&P 500.  The Magnificent 7 stocks which led the market up beginning with the October 2022 continued to be the driving force.  Facebook and Meta alone generated a third of the.. read more →