Posts by Scott Mitchell

Market Update June 2019

signature wealth strategies market update

After a relatively tough month in May, with the S&P 500 index down about 6.5%, we’ve had a dramatic reversal in June, gaining about 5% as of June 13th. As always, there’s no shortage of headlines, with oil tankers, China trade, and Tweets being the popular ones right now.   Interestingly, the market has shrugged…

Read More

Market Update May 2019

2018March-market-update

  As I write this, the market is all over the place due to uncertainty of our trade agreements with China.  Terms were not met as of last night’s deadline, so additional tariffs will be imposed on imports from China.  Right now, market participants are trying to figure out how to value stocks in that…

Read More

Market Update March 2019

2018 October-market-update

Given the stock market (S&P 500) pullback over the past 2 weeks, I wanted to provide my thoughts on what might be happening.  First, I think this is just a fairly normal reaction to the very abnormal run higher we had from Christmas Eve through the end of February.  Stocks don’t typically move up like…

Read More

Market Update February 2019

2018June-Market-Update

  What a nice rally we got in January!  Through February 12, the S&P 500 is up about 9.5% in 2019.  That’s a nice change following December.  There’s no sense belaboring the events of the end of 2018, but I do feel strongly that tax-loss selling had a lot to do with the pullback.  I…

Read More

Protecting Your Financial Information

Personal Information, Scam, Signature Wealth Strategies - Florence SC

  Protecting your financial information is always a top priority for us. The Internal Revenue Service (IRS) recently reminded us that tax-related scams are still pervasive. I believe you can never be too careful when it comes to protecting your information privacy. Here are some suggestions for thinking ahead of potential scams:   Never share…

Read More

Market Update January 2019

2018May-market-update

  With this recent market rally, up about 12% on the S&P 500 since the December 24 close, I wanted to give an update on current market conditions. Since the 9/21/18 high of 2940 on the S&P 500, we are still down about 10% as of my writing this on January 17. That’s a fairly…

Read More

Market Update December 2018

2018April-market-update

The stock market, and its investors, have not found this to be the happ-, happiest time of the year. The mixed signals, heightened volatility, and terrible performance have left many of us guessing whether the top of the market has come and gone. I think this is a tale of two markets, the fundamental market…

Read More

Market Update October 2018

2018 October-market-update

In the wake of Hurricane Michael’s devastating blow to the Florida panhandle, I took some time to look back over the indicators that I track (for the stock market, not the weather).  The first half of this month has been a rough one for stocks and bonds both, with the S&P 500 down about 4.7%…

Read More

Market Update July 2018

signature wealth strategies market update

For as many headlines as there have been recently, whether it be tariffs, or Brexit, or tweets, not much has changed in my opinion of the stock market. The market seems very range-bound, reinforcing my belief that the summer could be fairly flat for the stock market, generally speaking. Since we have broken a little…

Read More

Market Update June 2018

2018June-Market-Update

Happy summer! Many of us take time off over the next few months, and the stock market often seems to do the same.It wouldn’t surprise me at all if the S&P 500 is about the same value on Labor Day as it was on Memorial Day, although there could be some rallies and pullbacks in…

Read More

© Signature Wealth Strategies