Market insights and analysis

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

3rd Quarter | 2024

Quarterly recap

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Current market environment performance of dynamic, risk-managed investment solutions.

It’s almost Halloween, and we’re still in the middle of a scary period in the stock market. September is historically the worst-performing month of the year, and October is the most volatile.

Equity markets continued to rise in the third quarter of 2024, building on the momentum from the first half of the year. Several key factors shaped market price action during this period, including economic data, geopolitical developments, shifting central bank policies, and the continued broadening of the AI-driven rally.

U.S. equity markets posted gains in all three indexes last week. The S&P 500 was up 0.87%, the NASDAQ Composite gained 0.80%, and the Dow Jones Industrial Average increased by 0.98%.

Last week, the gold spot price gained 2.44% and the U.S. Dollar Index increased by 0.59%. The Gold Bullion Strategy Fund (QGLDX) was up 2.39% for the week.

Have you ever thought about running a family-friendly farm featuring llamas, alpacas, sheep, goats, and more? Starting a charter boat business in the Florida Keys or opening a bed-and-breakfast in the Pacific Northwest? Or leading church youth groups on missionary trips abroad?

The major U.S. stock market indexes were up last week. The Dow Jones Industrial Average increased by 1.22%, the S&P 500 and NASDAQ Composite both gained 1.13%, and the Russell 2000 small-capitalization index rose 0.99%.

U.S. equity markets posted gains in all three indexes last week. The S&P 500 rose 1.13%, the NASDAQ Composite rose 1.13%, and the Dow Jones Industrial Average rose 1.22%.

Last week, the gold spot price increased 0.11% and the U.S. Dollar Index rose 0.36%. The Gold Bullion Strategy Fund (QGLDX) increased by 0.08% for the week.

The concept of relativity, where what one experiences depends on their frame of reference, can help investors understand what’s happening in the financial markets.

The major U.S. stock market indexes were mostly up last week. The S&P 500 increased by 0.26%, the NASDAQ Composite was up 0.12%, the Dow Jones Industrial Average gained 0.13%, and the Russell 2000 small-capitalization index fell 0.48%.

U.S. equity markets posted gains in all three indexes last week. The S&P 500 rose 0.26%, the NASDAQ Composite increased by 0.12%, and the Dow Jones Industrial Average rose 0.13%. Six of the 11 sectors were up last week; Energy, which posted the best return, gained 7.01%.

Last week, the gold spot price went down 0.17% and the U.S. Dollar Index rose 2.13%. The Gold Bullion Strategy Fund (QGLDX) lost 0.04% for the week.

Managing risk is a crucial element of successful investing, yet many investors rely solely on traditional strategies such as buy-and-hold or passive asset allocation.

Market Update 9/30/24

The major U.S. stock market indexes were mostly up last week. The S&P 500 increased by 0.64%, the NASDAQ Composite was up 0.96%, the Dow Jones Industrial Average gained 0.59%, and the Russell 2000 small-capitalization index fell 0.13%.

U.S. equity markets posted gains in all three indexes last week. The S&P 500 increased by 0.64%, the NASDAQ Composite was up 0.96%, and the Dow Jones Industrial Average gained 0.59%.

Last week, the gold spot price was up 1.39% and the U.S. Dollar Index lost 0.34%. The Gold Bullion Strategy Fund (QGLDX) went up 1.15% for the week.

The one constant of football at all levels is change. But the fundamental principles and lessons of the game have endured for decades.

Market Update 9/23/24

The major U.S. stock market indexes moved higher last week. The Russell 2000 returned 2.10%, the Dow returned 1.67%, the NASDAQ Composite returned 1.51%, and the S&P 500 returned 1.39%.

U.S. equity markets posted gains in all three indexes last week. The S&P 500 rose 1.39%, the NASDAQ Composite was up 1.51%, and the Dow Jones Industrial Average went up 1.67%.

Last week, the gold spot price rose 1.71% and the U.S. Dollar Index lost 0.39%. The Gold Bullion Strategy Fund (QGLDX) rose 1.43% for the week.

In August, 25 exchange-traded products (“ETPs”) were added to the ETF Deathwatch list and 24 were removed, bringing the total up to 514.

Hand-holding. We learned to do it innocently as children, and it continues to carry meaning throughout our lives.

Market Update 9/16/24

The major U.S. stock market indexes were up last week. The S&P 500 increased by 4.06%, the NASDAQ Composite was up 5.98%, the Dow Jones Industrial Average gained 2.62%, and the Russell 2000 small-capitalization index rose 4.39%.

U.S. equity markets posted gains in all three indexes last week. The S&P 500 increased by 4.06%, the NASDAQ Composite gained 5.98%, and the Dow Jones Industrial Average was up 2.62%.

Last week, the gold spot price went up 3.21% and the U.S. Dollar Index lost 0.06%. The Gold Bullion Strategy Fund (QGLDX) was up 3.49% for the week.

Detroit has fought its way back from a Rust Belt legacy and a bankruptcy process that was both debilitating and rehabilitating to earn its title as the Renaissance City. The city has reinvented itself.

Market Update 9/9/24

The major U.S. stock market indexes fell significantly last week. The Dow Jones Industrial Average returned -2.90%, the S&P 500 returned -4.22%, the Russell 2000 returned -5.67%, and the NASDAQ Composite returned -5.75%.

Last week, the gold spot price fell 0.24% and the U.S. Dollar Index decreased by 0.51%. The Gold Bullion Strategy Fund (QGLDX) went down 0.32% for the week.

U.S. equity markets posted losses in all three indexes last week. The S&P 500 was down 4.22%, the NASDAQ Composite decreased by 5.75%, and the Dow Jones Industrial Average went down 2.90%.

Decisions. We have to make them every day on a whole range of matters.

Market Update 9/3/24

The major U.S. stock market indexes had mixed performance last week. The Dow Jones Industrial Average hit a new high with a 1.07% gain, the S&P 500 rose 0.27%, the Russell 2000 small-capitalization index lost 0.01%, and the NASDAQ Composite fell 0.91%.

U.S. equity markets posted gains in two of the three indexes last week. The S&P 500 went up 0.27%, the NASDAQ Composite fell 0.91%, and the Dow Jones Industrial Average gained 1.07%.

Last week, the gold spot price was down 0.37% and the U.S. Dollar Index went up 0.97%. The Gold Bullion Strategy Fund (QGLDX) decreased by 0.40% for the week.

Active investment management is consistent with the tenets of behavioral finance, as well as with sound financial planning that seeks to help investors reach their long-term objectives.

The major U.S. stock market indexes moved higher last week. The Russell 2000 returned 3.62%, the NASDAQ Composite returned 1.41%, the S&P 500 returned 1.47%, and the Dow returned 1.29%.

U.S. equity markets posted gains in all three indexes last week. The S&P 500 increased by 1.47%, the NASDAQ Composite went up 1.41%, and the Dow Jones Industrial Average gained 1.29%.

Last week, the gold spot price gained 0.18% and the U.S. Dollar Index went down 1.7%. The Gold Bullion Strategy Fund (QGLDX) went up 0.08% for the week.

In July, 27 exchange-traded products (“ETPs”) were added to the ETF Deathwatch list and 18 were removed, bringing the total up to 513.

When we have bouts of volatility, it is important to remember what Jay Mooreland, the founder of the Behavioral Finance Network, says, “The market’s volatility is not your volatility.”

The major U.S. stock market indexes were up last week. The S&P 500 increased by 3.99%, the NASDAQ Composite was up 5.35%, the Dow Jones Industrial Average gained 3.02%, and the Russell 2000 small-capitalization index rose 2.98%.

U.S. equity markets posted gains in all three indexes last week. The S&P 500 was up 3.99%, the NASDAQ Composite increased by 5.35%, and the Dow Jones Industrial Average went up 3.02%.

Last week, the gold spot price rose 3.15% and the U.S. Dollar Index decreased by 0.65%. The Gold Bullion Strategy Fund (QGLDX) rose 3.25% for the week.

Paging through the business section of the Detroit Free Press several years ago, I came across an article by business columnist Jack Linkner, a tech entrepreneur and best-selling author.

The week began with a sharp decline in equities, but markets largely rallied as the week progressed, offsetting the initial losses. The Dow Jones Industrial Average ended the week down 0.56%, the S&P 500 dipped 0.02%, and the NASDAQ lost 0.17%.

U.S. equity markets posted losses in all three indexes last week. The S&P 500 went down 0.02%, the NASDAQ Composite lost 0.17%, and the Dow Jones Industrial Average fell 0.56%.

Last week, the gold spot price went down 0.49% and the U.S. Dollar Index fell 0.07%. The Gold Bullion Strategy Fund (QGLDX) lost 0.37% for the week.

Like so many others this past week, my family has been cheering on Team USA while watching replays of the 2024 Paris Olympics.

Most major stock market indexes finished down last week. The Dow Jones Industrial Average fell 2.1%, the S&P 500 Index also slipped 2.1%, and the NASDAQ Composite shaved 3.3% off its value.

U.S. equity markets posted losses in all three indexes last week. The S&P 500 went down 2.05%, the NASDAQ Composite decreased by 3.34%, and the Dow Jones Industrial Average fell 2.10%.

Last week, the gold spot price rose 2.35% and the U.S. Dollar Index fell 1.06%. The Gold Bullion Strategy Fund (QGLDX) increased by 2.01% for the week.