The market sat relatively still this month, but we remain confident in overall trends.
Not much has happened since our last newsletter, so my commentary this month will be short, sweet and to the point. While we saw the broad markets advance in February, March so far has been range-bound and hasn’t had any strong moves in either direction. Even when we saw the S&P 500 have its first back-to-back weekly loss since October, despite the recent ups and downs, the overall index has remained virtually unchanged this month.
When I prepare for my commentaries, what I usually do is gather weekly reports from our investment management team, and one area I like to focus on is how our various money managers are currently positioned. What I’ve learned is that when there’s a new trend emerging (whether up or down), these different managers tend to move in a similar direction. While as of late it may seem as though the markets are undecided, the overall trend is still pointing positively. So, for now we are staying the course until our data suggests otherwise.
If you have any questions or would like to do a review, please reach out to our office, as we’re already booking reviews over a month out. As always, we’re just a call or email away. If you’re ready to book an appointment, click here, or give us a call at (262) 230-1095.
Sources:
- The Chart Report
