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Founded in 1987, Capstone has been providing investment management services for over 27 years. Our professional investment staff averages over 20 years of experience each.

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Market Commentary Live News


In the recently completed second quarter, the stock market continued its winning ways, but just barely. The S&P 500 started the quarter by advancing towards another new all-time high, although there were some bumps along the way. A new record was achieved on May 20, but over time things got rocky due to mixed economic news, further saber rattling from Putin’s Russia, and of course, the ongoing circus in the European Union with Greece and Germany fighting it out in the lion’s cage. As we write, Greece appears to have accepted a tough bailout package that should calm things down for now. .

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After ending on a strong note in 2014, the stock market proceeded to do some backing and filling to start out 2015. After a weak start in January, the S&P 500 ramped up to all-time high in late February before trending sideways to end the quarter and finally eking out a total return of 0.95%. Despite the jagged route, the S&P 500 managed to post its ninth consecutive quarter of positive returns, its longest quarterly streak in 17 years and a testament to just how strong this bull market is. The market is taking some time to recharge its batteries from a breadth perspective, however.

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