Week 13 – week ending 01/11/19

We are officially halfway through the contest and small caps had their best week yet.  SUNY Geneseo was the top performer this past week, posting double digit returns, thanks to one of its positions, Loxo Oncology, being acquired by Eli Lilly for a 68% premium. ...

Week 12 – week ending 01/04/19

Despite being a short week, it was another volatile one.  Fortunately, Friday’s strong jobs report, coupled with dovish comments by the Fed chair, sent stocks soaring.  For the week, every team posted gains.  Siena, Bryn Mawr and Grove City had the strongest weekly...

Week 11 – week ending 12/28/18

Happy New Year!  Hope you all had a wonderful holiday season. The markets continued their decline into year-end with small caps falling over 5% during the past two weeks.  Currently, Skidmore is the only team posting positive returns.  Let’s hope for a much brighter...

Week 9 – week ending 12/14/18

It was another difficult week for equity markets, with small caps falling 2.5%.  While most Adirondack Cup portfolios also declined, five managed to post positive returns.  The biggest mover this week was Hofstra, jumping up 4 spots, putting the school back in the Top...

Week 8 – week ending 12/07/18

It was the worst week yet for small caps since the competition began with a decline of over 5%.  However, it wasn’t all terrible news for the Adirondack Cup teams, especially for the six teams that hold Cronos.  Cronos, which invests in businesses focused on medical...

Week 7 – week ending 11/30/18

Equity markets rallied last week after Fed Chair, Jerome Powell, indicated future rate hikes may slow.  The majority of the Adirondack Cup teams also posted gains. Skidmore continued its ascent, moving into 3rd place while Keuka, Rhode Island College and Hamilton were...

Week 6 – week ending 11/23/18

Typically, this holiday week is positive for stocks, however that was not the case last week as concerns over global growth persisted and oil continued to fall.  Small caps declined over 2.5%.  Four schools managed to buck the trend and Skidmore jumped 8 spots to 7th...

Week 5 – week ending 11/16/18

Small caps lost ground this past week and earnings announcements continue to drive large swings in prices.  Stonehill posted the strongest weekly return, moving up 7 spots to 5th place. Below are the current standings of the Adirondack Cup.  These returns are since...

Week 4 – week ending 11/09/18

With midterm elections behind us – and the results coming in as expected - the major equity markets posted gains for the week.  Although small caps were relatively flat, we did see some big swings within the Adirondack Cup.  Clarkson and RPI jumped 14 and 11 spots,...

Week 3 – week ending 11/02/18

What a difference a week makes - all major equity indices rose last week and small caps led the way.  Earnings season and volatility continued.  The latest monthly unemployment figures, released on Friday, remained at historic lows.  All but two portfolios were up...