Mixed Results

The S&P 500 snapped a four-day losing streak thanks to gains in the Industrial and Technology sectors. The S&P 500 climbed 5.45 points, or 0.2%, to 2877.13 and the NASDAQ Composite advanced 21.62 points, or 0.3%, to 7924.16. The Dow Jones Industrial Average fell 59.47 points, or 0.2%, to 25857.07.     Disclosures: All material…

Money Talks – September 8, 2018

   This week on “Money Talks,” Chief Investment Officer Troy Harmon, CFA, CVA, is joined by Managing Associate D.J. Barker, CWS®, and Senior Associate Jarrett McKenzie, CFP®, CWS®, to discuss the Manufacturing and Nonmanufacturing surveys from the Institute of Supply Management. They also cover jobless claims, factory orders, international trade, and the yield curve. The…

Case Study: Concentration Risk Makes The S&P 500 Not the Best Benchmark

Chief Investment Officer Troy Harmon, CFA, CVA, is joined by Managing Associate D.J. Barker, CWS®, and Senior Associate Jarrett McKenzie, CFP®, CWS®, to take a deeper look at a common investor sentiment about not keeping up with market performance. They discuss the faults with the S&P 500 index as a benchmark, the problems with chasing returns and portfolio risk.

A Red Finish

Indices closed in the red zone on Friday. Stocks slipped on mixed news. Trade concerns outweighed respectable employment numbers for August. U.S. non-farm payrolls ticked up by 201,000 last month. The results exceeded expectations, and the unemployment rate held steady at 3.9%. In earnings moves, Broadcom climbed 7.7% to $232.58 today following the release of…

Any Tax Advantages of Homeownership? It Depends

In today’s Marietta Daily Journal, Bil Lako, CFP®, explains that despite sweeping tax reform, there are still tax advantages to homeownership. Read the Article This article is for demonstrative and academic purposes and is meant to provide valuable background information on particular investments, NOT a recommendation to buy. The investments referenced within this article may currently…

Mixed Session

Indices ended trading mixed on Thursday. The Dow added slight gains while the S&P 500 and Nasdaq shed some points. Technology brands continued to decline on a variety of economic news. Initial jobless claims decreased last week. First-time claims fell by 10,000 to 203,000 in the week ended September 1. In earnings moves, Five Below…