January 2022 Market Update

market update

Happy New Year! I hope 2022 is off to a good start for you. I am optimistic that it will be a great year! My indicators are still positive for the stock market and the economy. We are enjoying loose monetary conditions and economic reopening, although the monetary conditions aren’t quite as loose, and the…

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December 2021 Market Update

Market Update

At the end of November and in early December volatility has bounded back into financial markets.  A couple of reasons have been cited for this, namely the introduction of the new COVID variant, Omicron, and recent comments by Federal Reserve Board Chairman Jay Powell.  In those comments, he has suggested that the Federal Reserve may…

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October 2021 Market Update

signature wealth strategies market update

October has gotten off to a rocky start, as concerns of government shutdowns, COVID, debt ceilings, inflation, supply chains, and infrastructure bills have dominated the news.  While all of these certainly can create volatility, I believe that stocks will continue to be a good investment.  A healthy consumer, strong economic growth, strong earnings reports from…

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September 2021 Market Update

market update

Summer is officially winding down, but you’d never know it from all the heat and storms we’ve had. The very low volumes on the New York Stock Exchange recently are a reminder of all of the investment professionals that are taking summer-ending vacations, so I’d expect volume—and possibly volatility—to pick back up when they return…

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July 2021 Market Update

Market Update

Amazingly, the year is already halfway over. It’s been full of events so far: a new President, battling COVID, vaccinating for COVID, Tom Brady winning another Super Bowl, meme “stonks,” genetically modified mosquitos (yikes!), and the gas pipeline hack and gas shortage. Through it all, the S&P 500 closed the first half of the year…

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May 2021 Market Update

Signature Wealth Market Update

There has been an impressive rotation out of technology stocks and into industrial, basic materials, and financial stocks in 2021, and the first couple of weeks of May have seen that rotation continue. Basically, the stocks that outperformed in 2020 are underperforming in 2021, and vice versa. Of course, there are exceptions, but this trend…

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April 2021 Market Update

Market Update

The first quarter has wrapped up, with the S&P 500 finishing higher by nearly 6%, making it the fourth consecutive quarter of positive returns for the index. The underlying stocks remain very strong with almost all of S&P 500 stocks above their 200-day moving average, indicating a general uptrend for most stocks.  Underneath this strength…

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March 2021 Market Update

market-update

February saw stock markets regain their footing, as optimism over vaccinations, stimulus, and loose monetary policy propelled markets higher.  The S&P 500, a broad measure of the stock market, was up nearly 3%, and small-company stocks rose even more.  Volatility crept back into stocks late in February, and has continued in early March, as rapidly…

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February 2021 Market Update

Market Update

After a pretty lethargic January (the S&P 500 was down about 1%), stock indices have rocketed upward so far in February.  The big news over the past few weeks has been the wild ride of some heavily-shorted stocks, although a lot of that activity seems to have settled down, for now. While the S&P 500…

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January 2021 Market Update

Signature Wealth Market Update

Happy New Year, and welcome to 2021! I hope that this year brings to all of us less upheaval than the last. We were busy at the end of 2020, trying to reduce capital gains tax exposure for our clients.  There were a lot of gains last year, and surprisingly few losses, so you may…

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