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...

Week 2 – week ending 10/26/18

It was a difficult and volatile week across the board for all major equity indices.  Small caps fell 3.8%.  Currently, only one team, SUNY Plattsburgh, is posting positive results.  Saint Rose jumped 9 spots as its portfolio suffered only minor losses.  It will be...

Week 1 – week ending 10/19/18

Welcome to the 8th Annual Adirondack Cup! We are thrilled to have 27 schools and over 200 students participating.  We are excited to welcome newcomers Bentley University, Grove City College, Hamilton College, Keuka College and RPI.  We look forward to another great...

The 2018 – 2019 Adirondack Cup…coming soon!

The Adirondack Cup officially kicks off on Monday, October 15, 2018 and runs through Friday, April 12, 2019.  If you are interested in following the competition, results will be posted here weekly.  Please contact Alicia Lasch at alasch@adirondackfunds.com for further...