Market Update 11-20-18: More Volatility

Well the market isn’t taking a break for the Thanksgiving holiday.

After a decent rebound last week, the equity markets are back in sell mode so far this week.

Based on my analysis of the activity, it appears we are still in a “correction” process and that the long-term positive trend in the market has not changed.

I feel the volatility is primarily due to continuing worries about about Trade/Trump/China and the Federal Reserve raising interest rates.

Where appropriate, we made some adjustments to portfolios over the last couple of weeks. Presently, the market is severely oversold & due for a bounce. We will likely be making more adjustments when that happens (probably early next week).

Feel free to call us with any questions or concerns.

 

 

 

Although information herein has been obtained from sources deemed reliable, its accuracy and completeness are not asserted. All opinions and estimates included in this report constitute the judgment of the financial advisor as of the dates indicated and are subject to change without notice. This report is for informational purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security.

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