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This month has been calm by historical standards, which is similar to what we've been seeing all year in 2017. The average daily intraday closing range on the S&P 500 (from high to low) has been less than 0.4%. Should this average hold over the next couple days, it would be the least volatile September on record; however, it is important to remember that October has historically been the most volatile month. (LPL Research)

Crude is in a bull market. It is official, earlier this week WTI crude oil moved into a bull market - up 20% from the summer lows. Increased optimism over global supply and demand has sparked much of the rally. This has helped energy stocks, which in turn has helped value stocks outperform growth so far in September. The International Energy Agency said global demand growth was very strong in Q2, up 2.4% year over year. (LPL Research)

The Commerce Department says new orders for capital goods increased 0.9%, more than expected, in August.  Orders for machinery rose 0.3%. Overall orders for durable goods surged 1.7% as bookings for transportation equipment jumped 4.9%.

With Northwest Quadrant Wealth Management, a
Registered Investment Advisor I am Troy Reinhart.

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Most organizations are asking for cash, rather than supplies, so they can route help to where it’s needed most more quickly. Here are some of the largest groups with campaigns underway:

 

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  • Click on the link for the latest conditions on the mountain passes.

 

  • Intersection of NW Broadway Street and NW Delaware for waterline replacement project, road closures with detours clearly marked for thru traffic, 7 a.m. – 4 p.m. daily with roads opened nightly. Motorists are encouraged to avoid this area and use Bond Street and Wall Street.

 

  • Nels Anderson Road between Nels Anderson Place and Brandis Court, single northbound shoulder closure will be in effect, two-way traffic to be maintained. Project completion expected December 2017.