Happy Halloween!

Happy Halloween!

October 02, 2025

Now FIVE up months in a row! This is right after we had four down months in a row. We got the expected rate cut from the Federal Reserve. The stock and bond markets might be already pricing in another cut or two by the end of the year. There’s been quite a bit of talk about whether the Fed is adequately cutting rates to help with the labor market, or if they are too cautious so as to avoid a spike in inflation. Of course, time will tell.

Here are some interesting statistics from Dow Jones:

*If you don’t feel like reading all of it…here’s the short of it—it’s been really good news lately!

The S&P 500 Index is up 483.51 points or 7.79% this quarter to 6688.46
--Up for two consecutive quarters
--Up 1076.61 points or 19.18% over the last two quarters
--Largest two-quarter percentage gain since the 1st quarter 2024
--Up 10 of the past 12 quarters
--This month it is up 228.20 points or 3.53%
--Largest one-month point and percentage gain since June 2025
--Up for five consecutive months
--Up 1119.40 points or 20.10% over the last five months
--Largest five-month percentage gain since March 2024
--Longest winning streak since Sept. 2024 when the market rose for five straight months
--Best Sept. performance since Sept. 2010
--Today it is up 27.25 points or 0.41%
--Second highest close in history
--Up for three consecutive trading days
--Up 83.74 points or 1.27% over the last three trading days
--Largest three-day point and percentage gain since Monday, Sept. 22, 2025
--Off 0.08% from its record close of 6693.75 hit Monday, Sept. 22, 2025
--Up 15.66% from the Election Day close of 5782.76 on Tuesday, Nov. 5, 2024
--Up 11.54% from the Inauguration Day close of 5996.66 on Monday, Jan 20, 2025
--Up 17.94% since tariffs were announced on Wednesday, April 2, 2025
--Today's closing value is the second highest this year
--Highest closing value since Monday, Sept. 22, 2025
--Off 0.08% from its 52-week high of 6693.75 hit Monday, Sept. 22, 2025
--Up 34.23% from its 52-week low of 4982.77 hit Tuesday, April 8, 2025
--Rose 17.16% from 52 weeks ago
--Off 0.08% from its 2025 closing high of 6693.75 hit Monday, Sept. 22, 2025
--Up 34.23% from its 2025 closing low of 4982.77 hit Tuesday, April 8, 2025
--Year-to-date it is up 806.83 points or 13.72%

Thanks again for investing with us. We know there’s a lot of competition out there for your business. We appreciate you!

Larry Mroczkowski
President

The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.
The economic forecasts set forth in this material may not develop as predicted and there can be no guarantee that strategies promoted will be successful. All investing involves risks, including the loss of principal.