Weekly Market Commentary – October 21st 2014 – LPL Research

///Weekly Market Commentary – October 21st 2014 – LPL Research

Weekly Market Commentary – October 21st 2014 – LPL Research

Oil Hits the Skids

Weekly Market commentary 10-20-14

The S&P 500 fell 1% last week (October 13 – 17, 2014) in volatile trading, leading market participants and media pundits to speculate on how far the stock market slide—now just over 6% from the September 18, 2014, closing high — might go. In last week’s Weekly Market Commentary, “Pullback Perspective,” we cited the economic backdrop, central bank support, and valuations as reasons the pullback was unlikely to turn into a bear market (a 20% decline). This week we turn to an area that has already entered bear market territory and discuss our outlook for oil and the energy sector.

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By | 2017-11-20T15:20:57+00:00 October 21st, 2014|Weekly Market Commentary|

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