Category: Market Commentary

2 posts categorized as "Market Commentary"

Dow Jones drops 831 points!

October 11, 2018 SEIA


By: Deron McCoy, Chief Investment Officer
CFA®, CFP®, CAIA, AIF®
That’s the ‘all caps’ headline the media will use for shock value, hoping to lure you into reading their article or clicking their ad – a shameless attempt to profit off your emotions and fears. But don’t be fooled. The truth is, with the Dow having soared to 25,000, a drop of 831 points on October 10th, 2018 amounts to a mere -3.15% selloff. That doesn’t even rank in the top 100 of percentage point declines. Back in November of 2008, an 800-point decline would have been closer to -10%; a far more significant event than this.

Intra-Quarter Update

April 26, 2018 SEIA


Just three short months ago, U.S. Large Caps (S&P 500®) were up 7.5% for the year, peaking at a lofty 2872.1 At that time we opined that ‘it might be wise to temper enthusiasm for the S&P 500 a bit’ and urged investors ‘to expect and prepare for future volatility, revisit your investment plan and at the very least rebalance’; carefully pointing out that the large profits and little risk of the previous year (“2017: Tastes great, less filling!”) was by no means normal.