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Weekly Chartbook

By: Aaron Lang - Portfolio Analyst

September 21, 2021

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Market Performance For The Prior Week



Source: YCharts
Disclaimer: Past performance is no guarantee of future performance

The Good News

People are continuing to spend 

And there’s some hope we’ll start seeing lower peaks in Covid cases

And there’s still a lot of money and spending out there

The Mixed News

Earnings will probably remain strong, but estimates can only keep rising for so long

The Bad News

Earnings revisions are already showing signs of peaking

And investor sentiment is dropping

The State Of The Market

It’s been a while since we’ve seen a 5% pullback

China fears, and most notably the impending default of Evergrande, are a big reason why

Here’s a good thread digging deeper on Evergrande

Be weary of the Lehman comparisons

And supply shortages are getting worse and worse

And options expiring are playing a role

Digital Bananas!

Charts Of The Week

Disclosure

Clear Rock Advisors, LLC is registered with the SEC as a registered investment advisor with offices in Texas. Different types of investments involve varying degrees of risk. Therefore, it should not be assumed that future performance of any specific investment or investment strategy (including the investments and/or investment strategies recommended and/or undertaken by Clear Rock Advisors, LLC) or any investment-related or financial planning consulting services will be profitable, equal any corresponding indicated historical performance level(s), or prove successful. It remains the client’s responsibility to advise Clear Rock Advisors, LLC, in writing, if there are any changes in the client’s personal/financial situation or investment objectives for the purpose of reviewing, evaluating or revising Clear Rock Advisors, LLC’s  previous recommendations and/or services, or if the client would like to impose, add to, or modify any reasonable restrictions to Clear Rock Advisors, LLC’s services. A copy of Clear Rock Advisors, LLC’s current written disclosure statement discussing its advisory services and fees are available upon request.