Atlas Market Report September 1st, 2014 Topics: - Market Commentary - Q&A from Readers - Whats Hot, Whats Not? (new) - Fun Links - IBD (Investors Business Daily) Article Content Atlas Note: We will be hosting a “Retirement Planning and Wealth Building Seminar” towards the end of October in the Philadelphia area. Dates will be announced in a few weeks. There will be limited registrations and Atlas clients will have priority. Market Commentary: September 1st, 2014 Summer’s over (but officially you have until September 21st) and the market keeps on running despite European woes and other geo-political issues making everyone other than institutions and big investors worried. Despite economic news improving, Europe seems to be stagnating and in some instances, retrenching. Our markets are being propped up right now by international money in the European countries and other areas of the world that are struggling to grow finding their way to our markets for investment plus geo-political issues have not boiled over, yet. We expected September and parts of early October to be volatile and the market to be range bound, but we are getting more concerned about the geo-political issues becoming headline risk on the market. One area to watch is the hedge and mutual fund inflows. If they continue, look for the market to be propped up more because they are lagging the market overall performance this year. The YTD performance of the S&P 500 Index is 9.89%. If those geo-political issues stabilize or subside (which looks like the odds are very low that will happen) the “chase for performance” will begin and the market could see another 8%-10% upside from here by year-end. Watch the activity over the last 5 trading days of September to give you an indication of what could happen. Lastly, the US Dollar is getting stronger. If the trend continues this mean that exports will suffer a bit and multinational companies that are relying on revenues and profits outside the US will begin to see a reduction in overall EPS (Earnings Per Share). We are only in the beginning of this very early trend and need to keep an eye on it because the multinational companies earnings will greatly be affected. Mostly watch the Euro, if it approaches $1.20 (currently at $1.31), or drops below that we will see many recalculations on earnings. Q&A from Readers We added this sub-section because we do get some people that ask questions and wanted to publish the ones we thought would appeal to a larger group. Whats Hot, Whats Not? – lately (over the last 3 months) Energy Sector is Hot Technology Sector is Hot Biotech Sector is Hot Precious Metals is Neutral Automotive Sector is Warm Banks Sector is Warm Fun Links: 10 Things You Didn’t Know About the Beatles’ Music rollingstone/music/pictures/10-things-you-didnt-know-about-the-beatles-music-20120612 Outrageous Umpire with over-the-top calls sports.yahoo/blogs/mlb-big-league-stew/these-umpires-do--video-201211611.html IBD (Investors Business Daily) List of article content contributions by Ronald Lang in IBD investors/search/searchresults.aspx?Ntt=%22atlas+wealth%22 Great Investing starts with Expert Knowledge. Remember, this article and commentary is not advice or any form of a recommendation, just opinion and information to consider. Your feedback is always welcomed. Feel free to pass this email along to a friend, family member or colleague. If you dont want to receive these periodic updates, let us know. Questions and Comments – (888)403-9400
Posted on: Mon, 01 Sep 2014 15:30:22 +0000
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