Quarterly Update - June 2018 Archives » Genesis Wealth Advisors, LLC

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12
Jul

Quarterly Update – July 2018

Genesis Wealth Advisors
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Commentary

Four of the largest traded technology stocks on the market accounted for 86% of the overall market return this year
Amazon has contributed nearly 36% of the S&P 500’s total return this year (Amazon is up 45% YTD)
The concentrated effect is reminiscent of the peak of the tech bubble of 2000, with difference being today’s leaders are profitable

25
Jun

Quarterly Update – June 2018

Genesis Wealth Advisors
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Commentary

Strong U.S. economic indicators and strong 1st quarter earnings pushed U.S. equities higher
Economic news overseas was not as positive with heightened uncertainty in Southern Europe over populist elections
Technology remains a strong driver of performance across most markets, especially the U.S.