Pick the Perfect Bracket

Investing Lessons and March Madness

David B. Armstrong, CFA Weekly Market Commentary, Weekly Market Commentary Page 18

Oh boy…March Madness. It started last week and it’s what everyone seems to be talking about at work. Most people feel great on “Selection Sunday”, which is when the NCAA selection committee announces “The Bracket”. The bracket is the group of 64 teams (okay, I know it’s technically 68, but I’m asking for some artistic license for the sake of …

Buying Low and Selling High

Eight Straight Great to Date

David B. Armstrong, CFA Weekly Market Commentary, Weekly Market Commentary Page 18

Last week was the 8th anniversary of one of the greatest buying opportunities of most of our lifetimes.  As you can see below, it was obvious to most investors that March 9th, 2009 was going to be the bottom… I’m sure everyone knows I’m kidding…I remember someone in my industry saying to me, “this could literally go to zero.” Yes, …

The Dow... Will It...

This Winning Streak Is Going To End – But Do You Care?

David B. Armstrong, CFA Weekly Market Commentary, Weekly Market Commentary Page 18

I’m sure I will not be the only one using this reference to the famous scene from Spinal Tap where Nigel Tufnel explains how his band’s amplifiers go to eleven…”When you need that extra push over the cliff…” Please, and I’m probably talking to most of the people at Monument as well as most of the Millennial Generation…please watch this …

What One Economic Indicator is Saying About an Upcoming Recession

David B. Armstrong, CFA Weekly Market Commentary, Weekly Market Commentary Page 18

First – a look back at what was happening in 2008. I thought this was a pretty interesting clip from the University of Pennsylvania. I have more thoughts on news and headlines below but first I want to transition to one of the leading economic indicators I like to keep a sharp eye on…the Department of Labor’s Weekly Initial Jobless …

DOW 30000

So The Dow Hit 20,000… What Does That Mean For You?

David B. Armstrong, CFA Weekly Market Commentary, Weekly Market Commentary Page 18

First – we feel like Monument is just one of those places that does a great job recruiting and retaining great employees. While not all of them remain, we love to highlight how hard work and good decisions lead to greater success down the road. Many of you may remember Kristen Owen. Kristen started with us as a recent MBA …

IN CASH for all of 2016

2016 – HERE’S WHAT HAPPENED

David B. Armstrong, CFA Weekly Market Commentary, Weekly Market Commentary Page 18

Despite the nice post-election rally to end 2016, it turned out to be downright…average. That is if you use the S&P 500 Index as your yardstick. If you go back to 1928, the average annual return for the S&P 500 (including reinvested dividends) runs just around 10%. 2016 turned in the year with the S&P 500 up 9.54% on a …