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Showing posts from September, 2016

Weekly Portfolio Summary

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So it's been a couple weeks since I've last written.  In that time the Fed held off on raising rates, and volatility (represented by the VIX) has gone down.  In the hours leading up to the Fed announcement and days since, the overall sentiment has been back to the same routine.  Rates on the 10-year T-note have dropped from roughly 1.8% to 1.6% and appear to be continuing that path for a little while.  It's hard to believe we'll see it get as low as it was earlier this year, though.  People are already looking towards November and December for the next rate hike from the Fed, and all commentary is already pressing towards those "thoughts of market doom," in the hopes of striking fear, it seems.  Since the Fed's stance was made public, the market has rallied, overall, while banking has pulled back on the same news as well as concerns over fraudulent practices going on within Wells Fargo. 

Earnings season is just around the corner, so for now, the market wil…

Weekly Portfolio Summary

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So, as summer goes, so doesn't my regular updates on my portfolio.  Now that summer is essentially over, it's safe to assume that I'll slowly gain more time to keep up on this in an amount that correlates to how much colder the weather gets.  While I love summer and taking advantage of it, it's time I put the right focus on this again, and I'm none too soon - if anything, a little late back to the game.

After going through the first three days of a holiday shortened week, the S&P 500 got belted today, falling 2.45%.  In contrast, the 10-year yield rose 3.47% today and 5.69% in the course of the week and the VIX, which measures volatility jumped an astounding 39.47% to 17.51, though this is still below the key fear area of 20.  These are the key indicators I've been taking note of recently, as all the pros that were vacationing late in the summer have come back and are taking stock of what's going on in the world.  What's going on, you might ask?  Wel…