Royal Fund Management | June 14, 2022 The market continues to test one’s resolve. In 1933, a quote became famous when President Roosevelt said, “…the only thing we have to fear, is fear itself”. This famous quote seems appropriate today as related to the current economic and market environment. The current amount of uncertainty naturally […]
We started the 1st quarter 2022 after a strong 4th quarter 2021. The S&P500, DJIA and NASDAQ all finished the year at or near all-time highs. The market was unable to build on the December gains, and we hit some turbulence starting about the second week of January. We had not experienced a full 10% […]
Royal Fund Management | January 18, 2022 The year ended with a strong 4th quarter for the S&P500. It closed the quarter up 11.07% with nearly a 5% move the last 11 days. A Santa Clause rally? However, the technology-heavy Nasdaq underperformed the other major indices due to continued fear of inflation and higher interest […]
September is historically the worst month of the year for stocks, and it proved it in a big way this time. The S&P500 finished September with a loss of 4.8% but squeaked out a gain of .2% for the 3rd quarter 2021. It was widely anticipated that some profit taking was likely near as the […]
Mark Sorenson | July 09, 2021 The second quarter ended with the DJIA, S&P500 and the NASDAQ all at, or near, all-time highs. That said, there was some renewed volatility created by inflation fears, a massive amount of sector rotation, housing price concerns and more. The interest rate on the 10-Year U.S. Treasury bond had […]
Mark Sorenson | April 12, 2021 As we put 2020 in the rear view mirror, we know it will be a year that goes down in history. The Coronavirus hit America’s shores in March which created a high level of uncertainty. The unknown caused a steep market selloff, which hit a low on March 23rd […]
Wow! A quarter to remember! After the market had its fastest selloff ever from a market high to a bear market, the reversal took hold in the 2nd quarter. A bear market is defined as a 20% pullback from a previous high. Interesting to note, this bear market replaced 1929 as the swiftest on record. […]