The 2.9% move in the S&P 500 Index this past week erased the previous week’s 2.0% decline. The market shrugged off global economic worries and posted its best single week since last November. The U.S.-China trade meter shifted back to optimism this week. Oil continued its advance as well. WTI Crude was +4.4% for the …
Continue reading “Upbeat Week Heading into Next Fed Meeting”
The stock market bottomed 10-years ago on March 9, 2009, signaling the beginning of a recovery from the financial crisis. Since that time, the S&P 500 Index has achieved a 400% total return, the Dow Jones Industrial Average has achieved a 402% total return, and the NASDAQ 100 has achieved a 650% total return. If …
Download our 2019 Business Retirement Plan Guide It’s not how much you make, it’s how much you keep! Our informative 2019 Business Retirement Plan Guide can assist business owners, entrepreneurs, independent contractors, sole proprietors and business professionals in selecting the best business retirement plan for their needs. From SEP-IRA’s to 401(k)’s to Cash Balance Plans, …
The S&P 500 Index advanced 0.4% last week, its fifth consecutive weekly increase. Crude oil fell 2.5% for the week. As we near the end of the quarterly earnings season, much of the fundamental news from reporting companies is out and speculation on how current macro and industry data may impact earnings for first quarter …
Continue reading “Wrapping up Earnings and Focusing on Economic Data”
US-China trade expiration is getting an extension until after Trump and Xi meet later in March. Chinese vice premier Liu He has been in Washington for negotiations all week and into the weekend. Both sides seem eager to do something constructive, but it looks like nothing will be finalized until later in March. This stops …
Continue reading “Extending the U.S. – China Trade Deadline”
Atlanta, Georgia — February 19, 2019— NovaPoint Capital has been awarded a Top Guns designation by Informa Investment Solutions’ PSN manager database, North America’s longest running database of investment managers. “We are very pleased to have our Large Cap Dividend Growth Strategy recognized among the Top Guns,” said Joseph Sroka, Chief Investment Officer and lead …
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A deal was struck to avoid a resumption of the partial U.S. government shutdown last week. Macroeconomic Crisis One averted, even though there may be political ramifications of the President’s decision to push ahead with funding the wall for the U.S. southern border through emergency measures. We’re much more concerned about economics, business, and investing, …
A Dissipating “Axis of Worry” Many of the concerns that caused the steep drop in the stock market in the fourth quarter of 2018 have started to dissipate. The combination of rising interest rates, a trade dispute between the U.S. and China, lower oil prices, and the U.S. government shutdown all rolled into what we …
NovaPoint Capital has been awarded a Top Guns designation by Informa Investment Solutions’ PSN manager database, North America’s longest running database of investment managers. “We are very pleased to have our Large Cap Dividend Growth Strategy recognized among the Top Guns,” said Joseph Sroka, Chief Investment Officer and lead equity portfolio manager at NovaPoint Capital. …
Continue reading “NovaPoint Capital Named Top Guns Manager by Informa Investment Solutions”
NovaPoint Capital would like to show our respect and admiration for our nation’s veterans. In honor of their service, we are donating 100% of our revenue earned on November 8th to three veterans service organizations: the Army Ranger Lead the Way Fund, the Children of Fallen Patriots Foundation, and the Folded Flag Foundation. Army Ranger …
Continue reading “NovaPoint Capital Supports Veterans Service Organizations”
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