Portfolio Adjustments

April 2024 Monthly Recap

  April 2024 in Review   Hello everyone and welcome to our April monthly recap. Let’s get right to it.   In April we saw markets retreat amid high volatility, as positive economic growth data caused market participants to reassess their expectations for interest rate cuts by the Fed, reminding us that good economic news doesn’t always mean good news for markets.  While traders started the year anticipating 5 or more rate cuts, the market is now expecting 2 cuts for the year, with the first cuts likely in September or November.   Although markets recovered some of the losses in the last 7 trading days of...

March 2024 Monthly Recap

2-3 minute read   March in Review: Markets continued to climb in March. The S&P rose 3.2%, while the DOW and NASDAQ followed at 2.2% and 1.9%, respectively. Small caps performed particularly well, with the Russell 2000 rising 3.6% in March alone. We all know about the Mag 7 from last year and are likely aware that it is quickly becoming the Mag 6, 5, 4… this means that there is an opportunity for the rest of the S&P to drive returns.  Inflows for equal-weighted S&P funds continue to rise as well.   While the Tech giants are still figuring out if they’re going to boom...

Feb 2024 Monthly Recap

3-4 minute read In February we saw, higher highs and higher lows With the S&P notching 8 new record highs at close And while NVIDIA was the S&P’s the 3rd best performer Ralph Lauren and Constellation Energy, grew even further Overseas, headlines, repeated again as the wars in Gaza, and Ukraine didn’t end While Alexi’s death, sure looks like murder, Putin denies it and won’t discuss further The contrarians held steady with their negative outlook While analysts, who rely on the data, weren’t shook We all know that markets are hard to predict, which is the reason our investment mandates are strict   Greetings from the snowy abyss of Denver, where we had 2...

Jan 2024 Recap & Portfolio Adjustments

5-7 minute read Welcome back my friends and I hope your 2024 is off to a great start. Since we made some portfolio adjustments and rebalanced everyone’s accounts this past week, this is going to be a longer video so buckle up. Since many of the portfolio changes tie into January events, I’m going to save the that for the end to give them more context, but with the first month of the year in the rearview, let's see how 2024 is shaping up.   US Markets & Events After coming into the final week of the month with the S&P up 3.4%, J Powell’s comments...