Image of Wall Street and stock graph

On Wednesday, January 27th, while watching Bloomberg TV, the media person provided some statistics on the “stocks hated the most are rising” describing the stocks that had a large amount of short interest were actually climbing the fastest.  The stocks mentioned were GameStop Corporation (GME), AMC Entertainment Holdings, Inc. (AMC), and a few others.  The…

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Market Commentary Q4 2020

Global markets have continued to recover from the panic of the initial COVID-19 pandemic as the anticipated vacines begin to be distributed.  The U.S. presidential election seems to be finalized, and that is one less thing the markets have to be uncertain about.  Markets consider uncertainty as a risk factor, and the more uncertain things are, generally…

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Global markets have continued to recover from the COVID-19 Pandemic.  Large companies represented by the S&P 500 Index have continued to outperform almost everything else and gained 8.93% for the quarter, and are up 5.57% YTD. Small companies represented by the Russell 2000 increased 4.93% for the quarter, but are still down 8.7% YTD.  International stocks represented…

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Graphic of Scott

2020 is shaping up to be a very interesting year. Everything was fine until we found ourselves in a global pandemic. Then, everything changed very quickly. During the last week of February and first weeks of March, we were busy coming up with solutions for our team to work remotely. We had experimented with remote working before, and…

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Market Commentary Q2 20

Global markets, which were under significant pressure as COVID-19 spread across the globe, have made a strong recovery from their lows. Large companies represented by the S&P 500 Index gained 20.5% for the quarter, and -3.08% YTD. Small companies represented by the Russell 2000 increased 25.4% for the quarter, and -12.9% YTD. International stocks represented by…

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Message from President & CEO

During this challenging time, we are constantly aware of today’s anxious and uncertain environment. In this video, Scott Sarber, President & CEO, discusses his hopeful outlook for the future and highlights key initiatives that our firm is taking to ensure we are here for you and the people you care about.    

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Announcement Graphic

Being Prepared and Proactive is the Petersen Hastings Way We began thinking about COVID-19 a few weeks ago when there was talk about the novel virus and what it might mean to have a national outbreak. Our investment committee and trading department was prepared to rebalance accounts as the markets respond to the news. During…

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