Market Notebook

by | Mar 10, 2025

Discussion – 

PRICE ACTION:
Equity prices, as measured by the ticker SPY, and bond prices, as measured by the ticker BND, closed lower during the last week. SPY sharply so.

SPY    -3.07%
BND    -0.60%

TECHNICAL ANALYSIS:
SPY price appears established in an upward trend.

BND price appears to be consolidating, with price moving toward the high end of the recent range.

SENTIMENT:
Market participants appear to have reacted to uncertainty in U.S. trade policy. Tariffs and trade wars are on investor’s minds. There will likely be little visibility into the path forward while trade policy is in flux.

ECONOMY AND FUNDAMENTALS:
Economic fundamentals remain positive while measures of confidence wane.

All the best during the week ahead!

Disclaimer: Nothing in this discussion should be considered investment advice. The content of this discussion is strictly my personal opinion and subject to change at a moment’s notice. Investment advice can only be provided to you by your investment professional and not by a general market discussion such as this one. If you wish to speak with an investment advisor, contact us. We can probably help.