Weekly Market Recap – July 10, 2023
Wall Street enjoyed a positive week of returns, with each of the benchmark indexes posting solid gains, despite a marginal downturn at the end of last week.
Market Timing Reminder: Just Say No
Should you sell out of the market and go to cash when you’ve got a hunch markets are headed lower? Of course not. While moving to cash might feel good mentally and help you avoid short-term stock market volatility, it is unlikely to be a wise move over the long term. Here’s why: When your […]
Why I became a financial advisor
Ehab Alalfey, Azzad Investment Advisor I have been around the wealth management industry for as long as I can remember. I recall helping my father, an immigrant to this country, with his work as a junior advisor at a practice in Maryland when he was just getting started. I would help him when I was […]
Weekly Market Recap – July 3, 2023
The Markets (second quarter through June 30, 2023) Wall Street proved resilient during the second quarter of the year, despite rising inflation, two interest rate hikes, and concerns about the debt ceiling. The economy remained relatively strong, despite predictions that it may be headed toward a recession. The second quarter saw information technology, communication services, […]
Weekly Market Recap – June 12, 2023
Stocks closed another week higher, with each of the benchmark indexes listed here posting gains. With last week’s advance, the Nasdaq has risen for seven consecutive weeks, while the S&P 500 hit its highest level since August 2022. The S&P 500 is more than 20% above its October 2022 low, putting it in bull territory. […]
Weekly Market Recap – June 5, 2023
The Markets (as of market close June 2, 2023) Stocks began the week on a downturn, but rallied later to end last week higher. Each of the benchmark indexes posted solid weekly gains, led by the Russell 2000, followed by the Nasdaq, the Dow, the S&P 500, and the Global Dow. Investors began the week […]
Azzad Earns ‘Top Guns’ Designations from Informa Investment Solutions
Seven strategies excel again across multiple categories and reporting periods Azzad Asset Management announced today that seven of its investment strategies have again been awarded “Top Guns” designation by Informa Financial Intelligence’s PSN manager database, North America’s longest running database of investment managers. This quarterly ranking is used widely by asset managers and investors. PSN […]
Weekly Market Recap – May 15, 2023
The Markets (as of market close May 12, 2023) Stocks trended lower last week, with only the Nasdaq able to eke out a gain. Investors remained pensive as they await negotiations on the debt ceiling. With roughly 92% of the S&P 500 companies having reported first-quarter earnings thus far, results appear headed down 2.5% from […]
Weekly Market Recap – May 8, 2023
The Markets (as of market close May 5, 2023) Stocks closed last week generally lower, with only the Nasdaq eking out a minimal gain. A rally last Friday wasn’t enough to recoup losses experienced during the week. Investors had quite a bit to digest over the past week. The Federal Reserve hiked the federal funds […]
Behavioral Finance: Why investors make the decisions they do
“The investor’s chief problem – and even his worst enemy – is likely to be himself.” — Benjamin Graham (1894–1976) Legendary economist and investor Benjamin Graham made his timeless observation decades ago, and yet it reflects our enduring belief: Your own behavioral biases are often the greatest threat to your financial well-being. As investors, we […]
