Market insights and analysis

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

3rd Quarter | 2021

Market insights and analysis

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

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%.

U.S. equity markets posted gains in all three indexes last week. The S&P 500 gained 2%, the NASDAQ Composite gained 3.05%, and the Dow Jones Industrial Average gained 1.42%.

We all have insurance of some kind—health, auto, life, disability, renters, and/or home. Just in case … When we drive, we have our seat belts and lots of new safety features for our car, like airbags.

Last week, the price of gold shot up back above its 50-day and 200-day moving averages after breaking down midweek.

Fences are usually used to separate property owned by two different people. Being “on the fence” means that you’re unable to make up your mind, unable to choose between two positions, balanced precariously, in neither one world nor the other.

The major U.S. stock market indexes rose last week, rounding out October’s strong rebound from September’s sell-off. The NASDAQ Composite jumped 2.71%, the S&P 500 gained 1.33%, the Dow Jones Industrial Average was up 0.40%, and the Russell 2000 gained 0.26%. The 10-year Treasury bond yield fell 8 basis points to 1.55%, as both equities and bonds gained for the week. Spot gold closed the week at $1,783.38, down 0.52%.

Last week, the gold spot price was down 0.52% and the U.S. Dollar Index was up 0.51%.

U.S. equity markets posted gains in all three indexes last week. The S&P 500 gained 1.33%, the NASDAQ Composite gained 2.71%, and the Dow Jones Industrial Average gained 0.40%.

Last week, gold prices remained above the 50-day moving average.

Countless news reports and research studies have examined the consequences of the COVID-19 pandemic in the U.S. over the past two years. As important a topic as it might be, we may all be experiencing a degree of information overload.

The major U.S. stock market indexes were generally higher last week. The Dow Jones Industrial Average gained 1.1%, the S&P 500 Index rose 1.7%, the NASDAQ Composite climbed 1.3%, and the Russell 2000 small-capitalization index picked up 1.1%.

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

Last week, the gold spot price was up 1.42% and the U.S. Dollar Index was down 0.31%.

Gold broke decisively above both its 50-day and 200-day moving averages last week.

The September 2021 ETF Deathwatch contains 331 zombie ETFs and ETNs.

Last week, the gold spot price was up 0.60% and the U.S. Dollar Index was down 0.14%.

U.S. equity markets posted gains in all three indexes last week. The S&P 500 gained 1.82%, the NASDAQ Composite gained 2.18%, and the Dow Jones Industrial Average gained 1.58%.

Equities were mixed for the third quarter, giving back most of their gains in September. The S&P 500 Index was the leader for the quarter with a 0.58% gain. The Russell 2000 small-capitalization index was the domestic laggard, down 4.36%. Emerging markets were the worst performers, falling 8.09%.

It’s almost Halloween, and we’re still in the middle of a scary period in the stock market. September is known as the worst-performing month of the year. October is the most volatile. Could there be a better time to discuss what frightens investors most—the things that go bump in the night?

Inflation nation

Last week, the price of gold moved up to $1,800 per ounce following the U.S. consumer price index report on Wednesday (October 13).

Major U.S. stock market indexes were mostly up last week. The S&P 500 increased by 0.79%, the Dow Jones Industrial Average was up 1.22%, the NASDAQ Composite gained 0.09%, and the Russell 2000 small-capitalization index was down 0.38%. The 10-year Treasury bond yield rose 15 basis points to 1.61%, taking Treasury bonds lower for the week. Spot gold closed at $1,757.13, down 0.22%.

Last week, the gold spot price was down 0.22% and the U.S. Dollar Index was up 0.03%.

U.S. equity markets posted gains in all three indexes last week. The S&P 500 gained 0.79%, the NASDAQ Composite gained 0.09%, and the Dow Jones Industrial Average gained 1.22%.

Whether you are talking to portfolio managers, researchers, financial advisers, or marketing experts in the financial-services industry, the conventional wisdom seems to be that investors are motivated primarily by two emotions: greed and fear.

Stagflation paradox

Following the release of the U.S. employment report on Friday (October 8), gold prices shot up to the 50-day moving average and then settled back down to the support at $1,750 per ounce.

I seem to say this each year around the beginning of October: It’s hard to believe the NFL football season is already a quarter gone. (Though I have to keep reminding myself that it is 17 games for the first season ever.)

The major U.S. stock market indexes fell significantly last week. The NASDAQ Composite tumbled 3.20%, the S&P 500 fell 2.21%, the Dow Jones Industrial Average was down 1.36%, and the Russell 2000 lost 0.29%. The 10-year Treasury bond yield rose 1 basis point to 1.46%, though bonds were largely down for the week. Spot gold closed the week at $1,760.98, up 0.60%.

U.S. equity markets posted losses in all three indexes last week. The S&P 500 lost 2.21%, the NASDAQ Composite lost 3.20%, and the Dow Jones Industrial Average lost 1.36%.

Last week, the gold spot price was up 0.60% and the U.S. Dollar Index was up 0.76%.