Market Update October 23, 2018
Volatility continues this week much the same as it began in early October. The markets (S&P 500, Dow Jones, & NASDAQ) that began their climb down on October 3, reached a bottom and bounced; now seem destined to attempt that bounce at least once more.
As in every other area of our lives, the news media is having a frenzy over these events and their causes. Information, whether good or bad, high quality or low, accurate or lies, floods our screens daily. It is hard to decide what is most valuable for you to listen to and make decisions from. This is precisely why we use a rules based model to make investment decisions on your behalf. We funnel data through our rules that form our decision making process, to determine which investments have momentum and whether this is a good risk environment or a bad risk environment.
Of course we don't have a crystal ball and we are not making short term decisions. But you know what...we don't need those...well the crystal ball would be nice!
The following is a detailed update from our team at Wealthshield.
Investment Advisory Services offered through Sound Financial Strategies Group, Inc. (“SFSG”), a Registered Investment Adviser. Certain representatives of SFSG are also Registered Representatives offering securities through APW Capital, Inc., Member FINRA/SIPC., 100 Enterprise Drive, Suite 504, Rockaway, NJ 07866 (800)637-3211. SFSG, Wealthshield, and APW Capital are separate and unrelated companies.
Posted on Thu, October 25, 2018
by Sound Financial