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S2 E23: What does it mean to investors to have a market driven by so few companies leading up to the 2024 election?

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Manage episode 422255445 series 3563447
Content provided by Blue Chip Partners, LLC, Blue Chip Partners, and LLC. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Blue Chip Partners, LLC, Blue Chip Partners, and LLC or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

After the strongest May in 20 years, investors are wondering if this could be the calm before a midsummer storm.

With 75% of gains driven by 6 stocks in May, it is clear that the S&P 500 Index is NOT always driven by 500 companies.

Despite the concentration of returns seen in the domestic equity market last month, the S&P 500 Index touched a new all-time high.

Now, the question is should investors have “sold in May and gone away” as historical seasonality would suggest?

In a presidential election year, stocks can be volatile given elevated uncertainty.

As a company, we are surprised we haven't yet seen the volatility that we would have expected leading up to an election cycle. Listen to the full episode to learn more about what we think investors should expect for markets ahead of the presidential election in November.

Join Blue Chip’s Chief Investment Officer, Daniel Dusina CFA®, Senior Advisor Matt Mondoux CFA®, CMT, CFP®, and the firm’s Managing Partner Dan Seder, CFA®, CMT, CFP®, for another episode of Blue Chip NOW! the weekly market analysis podcast from Blue Chip Partners, LLC.

[Episode length: 17:39 minutes]

Helpful Links:

Delegate Confidently ™ and call our office today to start getting the most life out of your wealth.

Click here to schedule a call: Blue Chip Partners | Schedule A Call 248-848-1111

There have been new law changes and let’s face it, life happens. If you need to update your estate plan we have you covered with our white-glove service at Blue Chip Estate Planning, PLLC. Contact Kimberly Crank Browning at kbrowning@bluechipestateplanning.com or call the office 248-873-3244 for more information on Blue Chip Estate Planning, PLLC.

Listen to our weekly market analysis podcast on your favorite platform by clicking here Blue Chip NOW! - Blue Chip Partners

Are you a corporate executive that gets paid with company stock? We help executives get the most out of their RSUs and stock options. Click here: Financial Planning For Business Executives - Blue Chip Partners | Executive Compensation Plan

Stay financially savvy by reading our blog. Click here: Blue Chip Partners' Financial Services Blog | Michigan Wealth & Financial Planning | Wealth Management Near Me

Are you a financial professional looking for a new career opportunity? Blue Chip Partners was voted as one of the Best Places to Work in Southeast Michigan in 2023 by Crain’s Detroit Business. Apply here Join Our Team | Finance Careers & Job Openings at Blue Chip Partners | Financial Planning Jobs Near Me

Do you love economic recaps as much as us? Watch previous Quarterly Edge market reports by clicking here: Educational Financial Planning Videos + Webinars | Blue Chip Partners

We are in the news! Non-paid features in Forbes, Business Insider and more featuring Blue Chip Partners can be viewed by clicking here: In the News - Blue Chip Partners

Click here for important disclosure information

Blue Chip Estate Planning, PLLC is a law firm established to provide estate planning services to clients of Blue Chip Partners, LLC, their families, and other residents of the State of Michigan. Blue Chip Estate Planning is related through common ownership and control to Blue Chip Partners. Services by Blue Chip Estate Planning are separate and distinct from any agreement with Blue Chip Partners. For more information, call Kimberly Browning at 248-873-3244.

  continue reading

49 episodes

Artwork
iconShare
 
Manage episode 422255445 series 3563447
Content provided by Blue Chip Partners, LLC, Blue Chip Partners, and LLC. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Blue Chip Partners, LLC, Blue Chip Partners, and LLC or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

After the strongest May in 20 years, investors are wondering if this could be the calm before a midsummer storm.

With 75% of gains driven by 6 stocks in May, it is clear that the S&P 500 Index is NOT always driven by 500 companies.

Despite the concentration of returns seen in the domestic equity market last month, the S&P 500 Index touched a new all-time high.

Now, the question is should investors have “sold in May and gone away” as historical seasonality would suggest?

In a presidential election year, stocks can be volatile given elevated uncertainty.

As a company, we are surprised we haven't yet seen the volatility that we would have expected leading up to an election cycle. Listen to the full episode to learn more about what we think investors should expect for markets ahead of the presidential election in November.

Join Blue Chip’s Chief Investment Officer, Daniel Dusina CFA®, Senior Advisor Matt Mondoux CFA®, CMT, CFP®, and the firm’s Managing Partner Dan Seder, CFA®, CMT, CFP®, for another episode of Blue Chip NOW! the weekly market analysis podcast from Blue Chip Partners, LLC.

[Episode length: 17:39 minutes]

Helpful Links:

Delegate Confidently ™ and call our office today to start getting the most life out of your wealth.

Click here to schedule a call: Blue Chip Partners | Schedule A Call 248-848-1111

There have been new law changes and let’s face it, life happens. If you need to update your estate plan we have you covered with our white-glove service at Blue Chip Estate Planning, PLLC. Contact Kimberly Crank Browning at kbrowning@bluechipestateplanning.com or call the office 248-873-3244 for more information on Blue Chip Estate Planning, PLLC.

Listen to our weekly market analysis podcast on your favorite platform by clicking here Blue Chip NOW! - Blue Chip Partners

Are you a corporate executive that gets paid with company stock? We help executives get the most out of their RSUs and stock options. Click here: Financial Planning For Business Executives - Blue Chip Partners | Executive Compensation Plan

Stay financially savvy by reading our blog. Click here: Blue Chip Partners' Financial Services Blog | Michigan Wealth & Financial Planning | Wealth Management Near Me

Are you a financial professional looking for a new career opportunity? Blue Chip Partners was voted as one of the Best Places to Work in Southeast Michigan in 2023 by Crain’s Detroit Business. Apply here Join Our Team | Finance Careers & Job Openings at Blue Chip Partners | Financial Planning Jobs Near Me

Do you love economic recaps as much as us? Watch previous Quarterly Edge market reports by clicking here: Educational Financial Planning Videos + Webinars | Blue Chip Partners

We are in the news! Non-paid features in Forbes, Business Insider and more featuring Blue Chip Partners can be viewed by clicking here: In the News - Blue Chip Partners

Click here for important disclosure information

Blue Chip Estate Planning, PLLC is a law firm established to provide estate planning services to clients of Blue Chip Partners, LLC, their families, and other residents of the State of Michigan. Blue Chip Estate Planning is related through common ownership and control to Blue Chip Partners. Services by Blue Chip Estate Planning are separate and distinct from any agreement with Blue Chip Partners. For more information, call Kimberly Browning at 248-873-3244.

  continue reading

49 episodes

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