Join the mailing list here The Growth and Income model portfolios performed well in September, continuing their upward trajectory. Over the last year, the Growth Portfolio has climbed 32.9%, the Income Portfolio is up 42.0%, and the American Growth Portfolio has risen by 24.7%. These results reflect our focus on
Join the mailing list here We are pleased to report that our Growth and Income model portfolios have once again finished higher in August. Despite the typical summer lull, early August brought a significant spike in volatility, with the VIX Index surging above 50—a level usually associated with the most
Join the mailing list here Today we are witnessing a cultural shift where institutional authority is becoming the dominant source of truth. The U.S. Federal Reserve’s (The Fed) GDPNow estimates, for example, often overshadow alternative perspectives, establishing a single narrative that can significantly influence market psychology. This deference to authority
Join the mailing list here Despite some volatility in stocks in July, our Growth and Income model portfolios recorded gains while our American Growth model portfolio closed flat for the month. Over the past seven months, we’ve witnessed a remarkable rally in our top-performing stocks. Last month, as some of
Join the mailing list here June was another remarkable month for our portfolios, with many of our stocks reaching new all-time highs once again. Recent economic indicators suggest a resilient economy backed by falling inflation, steady employment, robust consumer spending, improving household net worth, rising incomes relative to debt payments,
Join the mailing list here Stocks rebounded higher in May, with many making new all-time highs in the month. The fundamental conditions that ignited this market rally in late 2022 remain unchanged, and we anticipate the rally will continue. Our optimism is grounded in the stimulative fiscal policies, especially in
Join the mailing list here Stocks consolidated their recent gains last month, reaching what we believe to be a near-term low in mid-April. Our analysis of various measures of volatility and options trading suggests a climax in selling occurred, likely exaggerated by U.S. investors selling stocks ahead of their April
Join the mailing list here Throughout March, stocks continued their upward trajectory, with many of our holdings again achieving new all-time highs. Our optimism regarding the prevailing economic environment remains bolstered by supportive fiscal policies driving growth, particularly in the U.S. The sustained commitment thus far to maintaining interest rates at
Join the mailing list here February continued the market’s winning streak, seeing a fresh round of new all-time highs for many of our holdings. We remain optimistic about the current economic climate, particularly given the supportive fiscal policies driving ongoing growth in the USA. With the market’s strength since December,
Join the mailing list here In January, stocks maintained their upward momentum, with many of our holdings again reaching new all-time highs. We remain optimistic about the prevailing positive economic conditions, particularly in the United States, which are bolstering corporate earnings. This optimism fuels our expectation for continued gains in
Join the mailing list here December was another strong month for stocks, propelling U.S. indices and many companies to new all-time highs, as we expected. The “breadth thrusts” we noted last month amplified into extreme buying pressure, with over 90% of S&P 500 stocks closing above their 50-day average price by
Join the mailing list here After some months of disappointing returns, the much-awaited spark in equities finally ignited this November, resulting in substantial gains across the model portfolios. The performance measured from October 31, 2023 to November 27, 2023 is as follows: Growth Portfolio up 16.7% Income Portfolio up 7.7% American Growth up
Join the mailing list here The year-end stock market rally we’ve all been eagerly anticipating may have experienced a brief delay in October, but rest assured, it’s far from ruled out. Stock indices dipped over the past month, yet the long-term uptrend remains firmly intact. We are still on the
Join the mailing list here While markets declined in September, they remain in a strong uptrend by our estimates. Major indices, including the S&P 500 and the Nasdaq, revisited pivotal lows we mentioned in last month’s note, yet they did not substantially breach these levels. In our view, this sets
Join the mailing list here August lived up to its reputation as being one of the weaker months for stocks. Although we relinquished some recent gains, the market remains in a strong uptrend by our estimates. Many of the indicators we track suggest a pivotal mid-year low occurred in August.
Join the mailing list here July proved to be another strong month for the stock market, as stocks continued their upward trajectory, with the S&P 500 Index now standing just 5% below its all-time highs. The market’s performance has been particularly encouraging, as what initially began as a rally in
Join the mailing list here We are pleased to report that U.S. markets reached new annual highs in June, with the S&P 500 index edging closer to its all-time highs, just 11% away. Positive momentum in the markets is evident as pessimistic investors retreat, while the resilient economy thrives despite higher
Join the mailing list here U.S. markets showcased a continuing recovery in May, powered higher mostly by the performance of technology stocks. This trend aligns with our long-standing anticipation, as we’ve been steadily increasing exposure to the tech sector since late 2022. In our assessment, valuations are attractive considering the
Join the mailing list here April was a remarkably calm month … one of the few in recent memory. Stock indices continued their recovery higher as the VIX, a measure of stock volatility, hit new annual lows. After a tumultuous few years of a global pandemic, war, and inflation, the
Join the mailing list here Our portfolios finished lower in March*, as two Silicon Valley banks found themselves on the wrong side of an old-fashioned bank run, while a beleaguered Swiss bank finally closed after decades of missteps. Stocks reacted negatively to the news, but firmed up towards the end
Join the mailing list here Despite stocks finishing lower in February, incoming data continue to support our case for an emergent bull market. In late September our proprietary indicators showed an exhaustion in negative sentiment, signaling a bottom in stocks was at hand. In January we observed the typical signals
The model portfolios are off to a strong start in January, with Growth up 6.57%, Income up 1.81%, American Growth up 10.62% and Small Cap up 3.94% as of the date of writing, January 24. Incoming data continue to support our thesis that a new bull market in stocks is
Firstly, thank you to our clients for another good year. We appreciate our relationships with you and the trust you’ve placed in our team, Stonehaven Wealth Management, and our firm, Wellington-Altus Private Wealth. You’ve helped Wellington-Altus become the #1 Wealth Advisory Firm in Canada for the third year in a
I’m honoured to share that the Globe and Mail’s Report on Business Magazine and Shook Research named yours truly one of the top Wealth Advisors in Ontario. My partner here on the Stonehaven Team, Scott Harris, also made the list. In all, Wellington-Altus saw 24 Advisors ranked Best in Province
The opinions contained herein are the opinions of the author and readers should not assume they reflect the opinions or recommendations of Wellington-Altus Private Wealth. Assumptions, opinions and information constitute the author’s judgement as of the date this material and subject to change without notice. We do not warrant the completeness or accuracy of this material, and it should not be relied upon as such. Before acting on any recommendation, you should consider whether it is suitable for your particular circumstances and, if necessary, seek professional advice. Graphs and charts are used for illustrative purposes only and do not reflect future values or future performance of any investment. The information does not provide financial, legal, tax or investment advice. Particular investment, tax, or trading strategies should be evaluated relative to each individual’s objectives and risk tolerance. All third party products and services referred to or advertised in this presentation are sold by the company or organization named. While these products or services may serve as valuable aids to the independent investor, WAPW does not specifically endorse any of these products or services. The third party products and services referred to, or advertised in this presentation, are available as a convenience to its customers only, and WAPW is not liable for any claims, losses or damages however arising out of any purchase or use of third party products or services. All insurance products and services are offered by life licensed advisors of Wellington-Altus. Wellington-Altus Private Wealth Inc. is a member of the Canadian Investor Protection Fund and the Investment Industry Regulatory Organization of Canada. All trademarks are the property of their respective owners.
