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Showing posts tagged with: Quarterly Update - June 2018

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

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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.

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