Marching Through September
As we enter the seasonally choppy period of September, it’s important to note that under the hood of the stock market, there are many cross-currents that investors need to consider. While the S&P 500 and the NASDAQ are overbought, there are many stocks and sectors under the hood of the market that are deeply oversold and enjoying long-term secular tailwinds. In this week’s edition of the Market & Portfolio Review, we will separate the overbought from the oversold and review how client portfolios are positioned and how the power outages in Europe are impacting energy companies in the U.S.
Robert Reaburn, Executive Vice President and Head of Wealth Management at LifePro Asset Management.