What We Were Reading and Watching this Week
Economy
Consumer Confidence for May from the Conference Board came in above expectations and was an increase of 4.5 points. The Present Situation Index increased by 3.5 points and the Expectations Index increased by 5.8 points. The Present Situation Index increased by 3.5 points and the Expectations Index increased by 5.8 points.
Still have not reached pre pandemic levels.
Housing
This weeks report on New Home Sales from the Census Bureau showed a 4.7% decrease from the previous month’s revised figure. Current inventory levels have reached 9.1 months of supply. (Shaded Areas Recession)
The recent rise and level in months’ supply of new homes for sale is notable.
Markets
Stocks
The S&P 500 closed -.43% lower in the holiday shortened week.
Year to date, S&P 500 up 11.31%.
Bonds
The 10 Year Treasury closed the week to yield 4.51%, up slightly for the week.
Gold
The price of gold , up slightly, for the week, to $2,348.25 per troy ounce.
Up 13% YTD.
TECHNICAL UPDATE
Stock Market
One key technical indicator continues to remain in neutral territroy.
The selling into up markets part of this indicator, continues to fade. Watching this part closely. There would be very little selling in up markets, to confirm a bull market..
There are no changes in our net invested position within our model portfolios.
The Coppock Guide: One of the Best Tools for Identifying Long Term Buying Opportunities
Edwin S. Coppock developed this tool over 60 years ago. This technical indicator has a 100+ year track record, when it comes to signaling the start of a new bull market for stocks.
Its historical value lies in flagging the best, low-risk increased market exposure in a stock portfolio.
Coppock Guide buy signals are marked by upturns of two or more points from readings at or below zero.
Using these guidelines has confirmed practically every major bull market run since 1920, with just three false signals given (in 1938, 1941, and November 2001) when the Coppock Guide turned upward before the bear market had reached bottom.
Killer Waves
In the late 1960s, a technician named Don Hahn observed when a double top occurs without the Coppock falling to 0, it is a warning that a bull market that hasn’t undergone any normal, healthy washouts or corrections. That is a runaway bull market, usually headed for a big fall. These dangerous double tops are known as “Killer Waves.” Having occurred 9 times in the past 102 years, 5 of them accompanied the beginnings of the most notorious bear markets of the past century: 1929, 1969, 1973, 2000, and 2007.
Stanton Group Risk Management Historical Net Long Positioning
Please schedule a call to review historical and current positioning using our Core & Protect Risk Management Process, our research, and our model portfolios.
https://calendly.com/jstanton-1/stanton-group-introduction-with-john-stanton
Health & Wealth
Andrew Weil, MD
Combining a Harvard education and a lifetime of practicing natural and preventive medicine, best-selling author Andrew Weil, MD, has written 15 books on health and well-being and is an expert on healthy aging.
"Recent research has disproved the long-held idea that genes dictate our health destiny," he explains. "Instead, the science of epigenetics has shown that genes are turned on or off by a variety of influences, including how we eat, exercise, and sleep. Even our thoughts have impact."
Here's what matters most according to Dr. Weil:
- Nutrition: Eat an anti-inflammatory diet featuring nutrient-dense vegetables, low-sugar fruits such as berries, which provide protective antioxidants, and fatty cold-water fish including wild Alaskan salmon, a rich source of heart-healthy omega-3 fatty acids.
- Exercise: I am a great advocate for walking at a brisk pace for at least 30 minutes daily. It requires no training or special equipment, fits easily into busy lives, and, when done with a friend, helps counter social isolation.
- Sleep: Sleep deprivation's side effects include dysregulation of the hormones that regulate appetite, leading short-sleepers to chronically overeat. To sleep well—limit caffeine, invest in light-blocking shades and a quality mattress, and avoid staring at screens after 8:00 pm.
- Stress Reduction: Regularly practicing mindfulness mediation and breathing exercises can help to calm the sympathetic nervous system, which in many of us is chronically in "fight or flight" mode.
- Social Connection: Research has suggested that social isolation, prevalent among the elderly, is as hazardous to health as smoking 15 cigarettes daily or being an alcoholic. It's vital to remain connected to others as we age through church membership, volunteering, part-time employment, or in any other way that makes sense for the individual's situation and inclination.
- Appropriate Medical Care: Americans in general are overmedicated and often subjected to inappropriate, ineffective surgeries. This is especially true of the elderly. Physicians trained in integrative medicine can provide direction in safe, gentle, inexpensive lifestyle-based therapies for a wide variety of conditions including the "diseases of aging" such as cardiovascular disease, osteoporosis, or mild cognitive impairment.
You can find out more about Dr. Weil, and his approach to experiencing good health, here.
John is the founder of The Stanton Group WP. With more than three decades of experience in the financial services industry, and through SeaCrest Wealth Management, LLC, serves as the Registered Investment Advisor Representative for clients, focusing on financial planning and the investment strategies to support their financial plan.
Based in Naperville, Illinois, John serves clients in Naperville, Plainfield, Darien, Aurora, Geneva, St Charles, and throughout the Chicagoland area.
Learn more about John’s services by visiting www.stantongwp.com
John can be reached at l 630-445-2380 or email JStanton@seacrestwm.com.
The Stanton Group WP provides investment advisory services through SeaCrest Wealth Management LLC, (the “SWM”) a registered investment advisor. SWM is a registered investment advisor (“RIA”), with the U.S. Securities and Exchange Commission located in the State of New York. SeaCrest Wealth Management, LLC can be reached at (914) 502-1900.
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