Black Friday Investment Deals

Black Friday Investment Deals

David B. Armstrong, CFA Weekly Market Commentary

Black Friday is known for great deals.  Down 10%, the best deal out there right now may be equities. People might be too scared to buy while they try to figure out why the market has gone down.  Meanwhile, for every share sold, someone is buying…even on huge down days.  So, there are some bargain shoppers out there hitting the …

October Market Correction

Octo-BURRRR

David B. Armstrong, CFA Weekly Market Commentary

So, October…WTF? Election uncertainty, trade wars and rising interest rates made for a recipe of investor concerns and panic in October. After falling for 21 out of 27 sessions, the S&P dropped 9.9% or about 290 points to a low on October 29th. The Dow Jones Industrial Average (Dow) fell 2,385 points or 8.9% from its high. Losses in the …

The Current Situation

The Current Situation

David B. Armstrong, CFA Weekly Market Commentary

Based on the current situation (writing as of 10pm Wednesday night with futures showing more selling on Thursday), stepping in to buy at these levels is hardly an easy choice. But, the reality is shocks like the one yesterday coupled with the past few days have a hard time lasting in the current economic environment. People are still plagued by …

Stealth Bomber

Stealth Bomber

David B. Armstrong, CFA Weekly Market Commentary

It has been almost two years since the last time we had a 10%+ stock market correction.  The latest S&P 500 correction of 10.2% was spread over about 9 days…let’s call it from the late-January high to the early-February low.  People may get all twisted up over “intra-day” basis index level, but let’s just go with my days and amounts …

What We Didn't End Up Doing

What We Didn’t End Up Doing

David B. Armstrong, CFA Weekly Market Commentary

The markets basically sold off 11% from their high. Technically that’s a correction, but the term is not important…what happened is. A Private Wealth Plan is designed to keep clients focused on what their money is for.  The generic term for that is a “goal”, or more accurately, several goals.  The Plan should be a guide to follow when corrections happen.  …

Selloffs – These Things Happen and It’s Okay

David B. Armstrong, CFA Weekly Market Commentary

I know that it’s never comfortable seeing account values decline. No one likes to lose money and no one likes the way it feels when everyone is talking about the recent volatility. The most important thing that any investor can take away from last week is the need to reflect on your core beliefs, goals and the current fundamentals of …