by | | Formation, Foundation, Freedom, Market Commentary
On paper things looked great for the markets as we wrapped up the 3rd quarter. The S&P 500 was up 6.35%, foreign markets as measured by the MSCI EAFE rebounded and were up 6.92% and emerging markets were up 6.97%. Even the bond market had a decent...
by | | Formation, Foundation, Freedom, Market Commentary
The S&P 500 attempted to break above its high of May 2011 last week and was briefly trading at multi-year highs. That May 2011 high which is around 1370 for the S&P 500 (red horizontal line in chart) is a very important resistance area. In technical...
by | | Formation, Foundation, Freedom, Market Commentary
Today the market took some sharp losses as I’m sure you’ve heard about excessively through your mainstream media channels. The major markets suffered losses around 5% just today (8/4/2011). We thought it was important for you to know our thoughts about the market and...
by | | Formation, Foundation, Freedom, Market Commentary
Markets closed the first half of the year with a bang. Through June 24th the S&P 500 was up just over 1% for the year. Then, in the last four days of June the market rallied over 4% to bring the S&P 500 up to a total return of 5.01% for the first half of the...