Founded in 1992, Jackson Wealth Management is an independent, fee-only investment advisor. Founder George P. Jackson has been the CEO/CIO of the firm since its inception with the goal of delivering value to his clients and his associates. 

Securities Offered through Triad Advisors, LLC. Member FINRA/SIPC
Advisory services offered through Jackson Wealth Management, LLC. 
Jackson Wealth Management, LLC is an affiliate of Jackson Retirement Planning, Inc.
Jackson Wealth Management, LLC is not affiliated with Triad Advisors, LLC.

755 Primera Boulevard, Suite 1001

Lake Mary, Florida 32746

Market Update

January 28, 2019

1/28/2019 1:02 PM

 

Dear Friends,

 

 

What’s going on?

Note the daily S&P 500 index chart below:

  • Good news –

    • Blue circle shows huge selling and the low in December – a capitulation low – people throwing in the towel

    • Market selling above the intermediate term trendline – the blue line or 50-day Simple moving average (SMA)

  • Caution news –

    • Green circle shows market overbought – a sign that markets could pull back or move sideways

    • Orange line – the downtrend line – that’s resistance the market needs to break through

    • Red line = the long-term trendline – the 200-day SMA – market trading below that long-term trend lone – markets need to break through and above the line

Volatility Still High

Below is a 5-year daily chart of the $VIX index

  • Volatility shot up very high in 2018, both in February and December

  • Currently, volatility remains high, compared to the prior 5 years

  • Note the very low volatility of 2017 --- that’s probably why 2018 feels like extreme volatility

  • I believe we could see another volatile year in 2019 similar to 2018

Take a look at our newly released Volatility Target portfolios; designed to reduce volatility when volatility is high and vice versa

  • Call your advisor for more details 1-800-578-3181x0

 

 

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