Rockport Wealth Advisors

Belated Halloween wishes and early Thanksgiving greetings to all! Markets & Economy Unfortunately, but not entirely unexpectedly, the stock market extended its decline during the past month. The S&P 500 index fell by 2.2%, marking the third consecutive month with a decline of more than 1%. … Read more about October 2023 Newsletter

Markets & Economy In the previous month's newsletter, we began by discussing the historical performance of the stock market during August and September, highlighting September as the weakest month. We also mentioned that the markets experienced a minimal decline in August. As anticipated, … Read more about September 2023 Newsletter

Markets & Economy We hope you all had a nice Labor Day weekend and got to spend some quality time with friends and family. Historically August and September have been two of the worst months for the stock market with September leading the way as the worst.   Several theories exist as to why … Read more about August 2023 Newsletter

Markets & Economy Hard to believe that the dog days of summer are upon us and by the time you receive next month’s newsletter Labor Day will have come and gone.  For those of us in the North, the summer months seem way too short. The beat goes on as the S&P 500 was up 3.11% for the … Read more about July 2023 Newsletter

Markets & Economy Happy 4th of July! Hopefully you had a great day of family and fun. It’s amazing that the first half of the year has already come to a close. June turned out to be another very good month for the markets with the S&P 500 index increasing 3.92% and an increase now of 15.91% … Read more about June 2023 Newsletter

Markets & Economy If we really wanted to be lazy, we could almost do a cut and paste from last month’s newsletter as things have not changed very much at all. 😊  For the month of May, the S&P 500 index increased a mere 0.29% which leaves the index up 8.86% YTD. The markets remain very … Read more about May 2023 Newsletter

Markets & Economy To the surprise of many, the markets had another positive month but there is reason to proceed with a cautious tone. As of the end of April the S&P 500 is up 8.68% for the year. (See charts below) We, like all of you, are thrilled that things have seemingly turned the … Read more about April 2023 Newsletter

Markets & Economy Happy Spring! The month of March ultimately turned out to be a very good month for both stocks and bonds. Things started out strong, then disruptive news on the banking industry caused a noticeable mid-month swoon which fortunately recovered strongly by month end. When the … Read more about March 2023 Newsletter

Markets Pullback The markets in the month of February were down, but this was not a terribly surprising event given the amount of the advance that had taken place in January. For the month, the S&P 500 index was down - 2.61%, however the index remains up 3.4% year to date.  It has still been a … Read more about February 2023 Newsletter

Good start to 2023! We are off to a good start.  Much to the surprise of many if not most in the media and Wall Street analysts, which seemed to be overwhelming on the side of things getting “so much worse”, the markets have had a great start to the year. Once again, as it always seems to do, the … Read more about January 2023 Newsletter

Happy New Year!  Welcome to 2023. Stocks and Bonds closed out what has been a challenging year to say the least on a sour note. For the month, the S&P 500 index was down 5.7% which brought the index at the close to down 19.44% for the year. It is important to note that the index was down over … Read more about December 2022 Newsletter

We hope all of you had a great Thanksgiving and we would like to wish you all Happy Holidays!  November was a very good month for most asset classes. The S&P 500 Index was up 5.81% for the month.  This brings the index year to date return to -14.39% (see charts below).  Even the bond market … Read more about November 2022 Newsletter