2018 YTD Returns
S&P 500 (SPY) +5.1% (up 0.05% for week)
Core Bonds (Agg) -2.5% (down 0.37% for week)
Gold (GLD) -5.6% (up 0.66% for week)
Harbor Wealth’s Market Barometer
Our three proprietary Technical Gauges on the US Equity Markets are below. Investors can use this as a guide to identify the strength/weakness of the US Equity Market Environment.
All Green = “Clear” 1 Red = “Watch” 2 Red = “Caution” 3 Red = “Danger”
CNNMoney’s Fear & Greed Index – Oct 22, 2018:
Investors are driven by two emotions: fear and greed. Too much fear can sink stocks well below where they should be. When investors get greedy, they can bid up stock prices way too far.
Major Asset Class Insight
US Large Cap Equities, Commodities and Cash are the only three favored major asset classes to invest in long term.
|Short Term||Long Term|
|Bonds (Aggregate)||Bearish||Bearish(Oct ’18)|
|US Large Equites (S&P 500)||Bearish||Bullish(Mar ’16)|
|US Sm. Equites (R2000)||Bearish||Bearish(Oct ’18)|
|Int’l Equities (MSCI EAFE)||Bearish||Bearish(July ’18)|
|Emerging Mkt Equities||Bearish||Bearish(June ’18)|
We continue to advocate a proactive stance in managing one’s portfolio as the most prudent way to preserve and grow capital, by capturing gains and limiting risks.