Month: April 2015

Prior Week Market Performance:

• The S&P large caps lost 1.0% last week to 2081.18.
• The Russell 2000 small caps lost 1.0% last week to 1251.86.
• Long Bonds (TLT) gained 1.4% last week to 131.45.
• Asset Allocation Model: Stocks (gained to 47.25% from 42%); Bonds (dropped to 34.25% from 41%); Discretionary (19.50%)

 Last Week’s Commentary:  The long and medium term trends are still intact, but I would expect this upcoming week to be a down week in the market.  If you are strictly intermediate or long term, there is nothing to see here, although if you are heavily weighted in equities you may want to hedge a bit into bonds. read more

Prior Week Market Performance:

• The S&P large caps gained 1.7% last week to 2102.06.
• The Russell 2000 small caps gained 1.7% last week to 1264.77.
• Long Bonds (TLT) lost 0.8% last week to 129.62.
• Asset Allocation Model: Stocks (dropped to 42% from 47.25%); Bonds (rose to 41% from 34.25%); Discretionary (11.75%)

 Last Commentary (Two Weeks Ago):  The market dropped a bit last week and large caps shifted to SELL, but there are reasons to only light the inquiry sign and not overreact.   Again only an indication of fraying, and a reason to light the “Inquiry” sign (as they say in Kentucky), but not a reason to panic. read more