Market Updates

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…

  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…

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%…

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…

After the steady upward trend of 2017, this year has felt like a real roller coaster ride. We’ve been bouncing between the 2600-2800 level on that index for a while, with the exception of the quick run up in January, followed by the equally quick pullback in February.  That’s a lot of movement to end…

With the return of volatility to investment markets, I thought I’d give you a brief update on what I am looking at and looking for. According to Mike Gibbs, Director of Portfolio and Technical Strategy at Raymond James: “Since the S&P 500 peaked at 2872 on January 26th, the S&P 500 has declined 8% (as of…

I wanted to briefly address the recent pullback in the stock market with some observations that I have made. To me, the evidence points to a normal, healthy pullback in stock prices. The stock market, as measured by the S&P 500, is down over 5% from its recent highs. I believe that this is the…

I hope you’re having a good summer. Aside from the typical (for July) heat and stifling humidity, things are going very well for Signature Wealth Strategies. Along with the high temperatures, stock prices are hitting new highs, which makes just about everybody happy. According to our Director of Portfolio & Technical Strategy, Mike Gibbs, the S&P 500 has…

In an email dated April 13, I posted that the market has continued a steady move higher, although (as I suggested in my last email,) the pace has slowed down dramatically.  It is my opinion that the market won’t move much higher from here and that a modest pullback is not out of the question. …