Market insights and analysis

How dynamic, risk-managed investment solutions are performing in the current market environment

2nd Quarter | 2022

Market insights and analysis

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Updates on how dynamic, risk-managed investment solutions are performing in the current market environment.

December ETF Deathwatch contains 356 zombie ETFs and ETNs.

Major U.S. stock market indexes were down last week. The S&P 500 decreased by 1.87%, the Dow Jones Industrial Average was down 0.29%, the NASDAQ Composite fell 4.53%, and the Russell 2000 small-capitalization index lost 2.92%. The 10-year Treasury bond yield rose 25 basis points to 1.76%, taking Treasury bonds lower for the week. Spot gold closed at $1,796.55, down 1.78%.

They say New Year’s resolutions are meant to be broken. I am sure there are at least a few readers of this article who are already frustrated—10 days into the year—by their inability to follow through on some of their well-intentioned resolutions.

U.S. equity markets posted losses in all three indexes last week.

Last week, the gold spot price was down 1.78% and the U.S. Dollar Index was up 0.05%.

Inflation fuel

Last week, gold prices retraced back to support at their 50-day and 200-day moving averages.

The major U.S. stock market was mostly up last week, finishing a strong year. The S&P 500 rose 0.85% last week and was up 26% for the year. The Dow Jones Industrial Average gained 1.08% for the week and 18.73% for the year. The NASDAQ Composite fell 5 basis points for the week but finished up 21.39% for the year. The Russell 2000 gained 0.17% for the week and 13.70% for the year. The 10-year Treasury bond yield rose 2 basis points to 1.51% for the week, as bonds gave up some recent returns. At the beginning of 2021, rates were at 0.91%. Spot gold closed the week at $1,829.20, up 1.13% for the week. For the year, the metal was down 3.64%.

Seasonal musings

When I sat down to write this article, my wife was beginning to take down the Christmas decorations. She loves Christmas and tries to make our home as festive as possible for the holidays. When they all come down in January, it is a bit depressing.

U.S. equity markets posted gains in two of the three indexes last week.

Last week, the gold spot price was up 1.13% and the U.S. Dollar Index was down 0.36%.

Last week, gold prices continued to move up off their 50-day and 200-day moving averages.

The major U.S. stock market indexes were up strongly last week. The Dow Jones Industrial Average gained 1.7%, the S&P 500 Index rose 2.3%, the NASDAQ Composite advanced 3.2%, and the Russell 2000 small-capitalization index picked up 3.1%. The 10-year Treasury bond yield added 9.1 basis points to finish at 1.493%, sending bond prices lower for the week. Last week spot gold closed the week at $1,808.39, up $10.20 per ounce, or 0.56%.

Last week, the gold spot price was up 0.6% and the U.S. Dollar Index was down 0.57%.

U.S. equity markets posted gains in all three indexes last week. The S&P 500 gained 2.28%, the NASDAQ Composite gained 3.19%, and the Dow Jones Industrial Average gained 1.65%.

When I was still a teenager, I began a bad habit. While thinking about the future, I would always reference “someday.” The big decisions: Someday I’ll get a job. Someday I’ll get married. Someday I’ll buy a home. Someday I’ll have children. Someday I’ll retire. Someday I’ll have grandchildren. The smaller ones: Someday I’ll get a new car. Someday I’ll lose weight. Someday I’ll go to Europe.

Omicron strikes

Gold prices stayed above their 50-day and 200-day moving averages, closing the week at $1,811.70 per ounce.

Even with new variants of COVID, the tradition is hard to end. Last year, many firms abandoned the company Christmas party due to state-mandated shutdowns and a virus-frightened populace. But this year, tradition won out, and the holiday party was reinstated.

U.S. equity markets posted losses in all three indexes last week. The S&P 500 lost 1.94%, the NASDAQ Composite lost 2.95%, and the Dow Jones Industrial Average lost 1.68%.

Last week, the gold spot price was up 0.86% and the U.S. Dollar Index was up 0.49%.

Major U.S. stock market indexes were down last week. The S&P 500 decreased by 1.94%, the Dow Jones Industrial Average was down 1.68%, the NASDAQ Composite fell 2.95%, and the Russell 2000 small-capitalization index lost 1.71%. The 10-year Treasury bond yield fell 8 basis points to 1.40%, taking Treasury bonds higher for the week. Spot gold closed at $1,798.11, up 0.86%.

Has inflation peaked?

Last week, gold prices broke above their 50-day and 200-day moving averages.

The major U.S. stock market indexes rebounded last week after recent sell-offs. The S&P 500 rose 3.82%, the Dow Jones Industrial Average gained 4.02%, the NASDAQ Composite was up 3.61%, and the Russell 2000 gained 2.43%. The 10-year Treasury bond yield rose 14 basis points to 1.48%, as bonds gave up some recent returns. Spot gold closed the week at $1,782.84, nearly unchanged from the previous week.

U.S. equity markets posted gains in all three indexes last week. The S&P 500 gained 3.82%, the NASDAQ Composite gained 3.61%, and the Dow Jones Industrial Average gained 4.02%.

Last week, the gold spot price was down 0.03% and the U.S. Dollar Index was down 0.02%.

Inflation nation

Last week, gold prices continued to consolidate around their 50-day and 200-day moving averages, remaining above the support level at $1,760 per ounce.

I visited New York City a few years ago. I sat for over an hour as the plane was prepared and de-iced in the middle of what seemed to be unending snowfall. As I watched the snowflakes dance about outside my window, I was struck by their quick and random movements. Although a part of the same storm, each individual snowflake seemed to have a mind of its own.

November ETF Deathwatch contains 348 zombie ETFs and ETNs.

The major U.S. stock market indexes were down last week. The Dow Jones Industrial Average lost 0.9%, the S&P 500 Index gave up 1.2%, the NASDAQ Composite sank 2.6%, and the Russell 2000 small-capitalization index fell 3.9%. The 10-year Treasury bond yield declined 12 basis points to finish at 1.34%, sending bond prices higher for the week. Spot gold closed the week at $1,768.03, down $75.78 per ounce, or 0.44%.

Each year, Proactive Advisor Magazine publishes reviews of major trends in the wealth-management industry, especially those related to managed investment accounts; the use of third-party investment managers; and viewpoints on active, risk-managed investment strategies.

Last week, the gold spot price was down 1.07% and the U.S. Dollar Index was up 0.03%.

U.S. equity markets posted losses in all three indexes last week. The S&P 500 lost 1.22%, the NASDAQ Composite lost 2.62%, and the Dow Jones Industrial Average lost 0.91%.

Last week, gold prices consolidated around their 50-day and 200-day moving averages, bounced off support at $1,760 per ounce, and then closed the week at $1,783.90 per ounce.

Major U.S. stock market indexes were down last week. The S&P 500 decreased by 2.20%, the Dow Jones Industrial Average was down 1.97%, the NASDAQ Composite fell 3.52%, and the Russell 2000 small-capitalization index lost 4.15%. The 10-year Treasury bond yield fell 7 basis points to 1.47%, taking Treasury bonds higher for the week. Spot gold closed at $1,802.59, down 2.34%.

Last week, the gold spot price was down 2.34% and the U.S. Dollar Index was up 0.06%.

U.S. equity markets posted losses in all three indexes last week. The S&P 500 lost 2.20%, the NASDAQ Composite lost 3.52%, and the Dow Jones Industrial Average lost 1.97%.

It was the fall of 1956. Action from the World Series blared from the radio. It was the New York Yankees versus the Brooklyn Dodgers, game five. Don Larsen threw his 97th pitch. “Strike!” called the umpire, and the audience witnessed perfection. Twenty-seven batters up, 27 retired—all without a hit, walk, or error. The perfect game.

Last week, gold retraced back to the support line of the “pennant formation” it had broken out of the previous week, coming back to its 50-day and 200-day moving averages.

The major U.S. stock market indexes were mixed last week. The Dow Jones Industrial Average gave up 1.4%, the S&P 500 Index rose 0.3%, the NASDAQ Composite climbed 1.2%, and the Russell 2000 small-capitalization index dropped 2.9%. The 10-year Treasury bond yield fell 2 basis points to 1.537%, sending bond prices higher for the week. Spot gold closed the week at $1,845.73, down $19.17 per ounce, or 1.03%.

With Thanksgiving fast approaching, on behalf of Flexible Plan Investments (FPI), I would like to thank the many people who have worked with our company this year: our investor clients, financial advisers, our third-party partners throughout the investment industry and elsewhere, and members and businesses of our local community.

Last week, the gold spot price was down 1.03% and the U.S. Dollar Index was up 0.95%.

U.S. equity markets posted gains in two of the three indexes last week. The S&P 500 gained 0.32%, the NASDAQ Composite gained 1.24%, and the Dow Jones Industrial Average lost 1.38%.

Gold’s next leg up

Two weeks ago, gold shot up above its 50-day and 200-day moving averages, resolving the major “pennant formation” breakout to the upside.

October ETF Deathwatch contains 327 zombie ETFs and ETNs.

But what if …?

I love to meet with clients. Like the bite of a cold wind on a frosty November morning in the Midwest, a meeting with a client can bring an adviser back to the concerns of actual people trying to survive in a real economy.

The major U.S. stock market indexes fell last week after a significant run-up the week before. The S&P 500 fell 0.31%, the Dow Jones Industrial Average fell 0.63%, the NASDAQ Composite was down 0.69%, and the Russell 2000 lost 1.04%. The 10-year Treasury bond yield rose 11 basis points to 1.56%, as both equities and bonds largely fell for the week. Spot gold closed the week at $1,864.38, up 2.56%.

Last week, the gold spot price was up 2.56% and the U.S. Dollar Index was up 0.86%.

U.S. equity markets posted losses in all three indexes last week. The S&P 500 lost 0.31%, the NASDAQ Composite lost 0.69%, and the Dow Jones Industrial Average lost 0.63%.

Gold shot up above its 50-day and 200-day moving averages last week before surging even higher on alarming inflation reports worldwide.

Major U.S. stock market indexes were up last week. The S&P 500 increased by 2.00%, the Dow Jones Industrial Average was up 1.42%, the NASDAQ Composite gained 3.05%, and the Russell 2000 small-capitalization index was up 6.09%. The 10-year Treasury bond yield fell 10 basis points to 1.45%, taking Treasury bonds higher for the week. Spot gold closed at $1,818.36, up 1.96%.

Last week, the gold spot price was up 1.96% and the U.S. Dollar Index was up 0.21%.