Rockport Wealth Advisors

Finally! Some good news to report which we have not been able to do many times this year. For the month of October, the S&P 500 index was up 7.99%. For the year, the index is now down -18.76%. Interestingly even though we don’t mention the DOW Jones Industrial Average that often it had its … Read more about October 2022 Newsletter

Another difficult month and quarter for the stock and bond markets. For the month the S&P 500 was down 9.61%. The index is now down 24.77% ytd. (Reference chart below with year to date returns) Pretty much the same story month to month this year with the Fed raising interest rates in the face of … Read more about September 2022 Newsletter

After the best month of the year in July, the markets were in give back mode again during the month of August. For the month, the S & P 500 Index was down nearly 4.25%. This brings the calendar year return for the index to -17%. Even with the rough month it is important to note that we are still … Read more about August 2022 Newsletter

Finally! A nice month for the stock market as we closed out the month with the S&P 500 up just over 9% for the month which puts the index down 13.3% for the year. This was the best month we have had since March and one of only a couple positive months this year. Inflation and the federal … Read more about July 2022 Newsletter

Normally as July rolls around we are in the midst of summer doldrums in the markets, and we struggle for topics to talk about in the newsletter. Not so much this year. The end of June marks the end of the 2nd quarter 2022 and as we all know by now the first half of the year has been extremely … Read more about June 2022 Newsletter

We are now 5 months into 2022 and things have yet to settle down in the markets. For the month the S&P 500 was nearly flat eking out a slight gain of .01% which leaves the index down nearly 13.5% year to date. Once again stocks staged a late month comeback as at mid month the S&P 500 index … Read more about May 2022 Newsletter

An ugly last week in April closed out an Ugly month for the stock and bond markets. The S & P 500 for the month was down nearly 9% and for the year is down close to 13.5%. Interestingly were at this same level in early March and had a substantial rally from there so we are curious to see if the … Read more about April 2022 Newsletter

March turned out to be a good month in the markets despite a very bumpy start. For the month the S & P 500 index was up nearly 4%. March 14th saw the low for the month and at that time the S& P 500 was down over 13% for the year. A massive rally then ensued to bring the index back to … Read more about March 2022 Newsletter

As we are sure you have noticed, we have not yet exited the turbulence that started the flight of calendar year 2022. Please continue to have your seat belts fastened. The markets in February took a very similar pattern to January in that there were large sell offs early and mid-month and a large … Read more about February 2022 Newsletter

This is your captain speaking, please fasten your seat belts we may encounter some turbulence. Most of us have heard something similar to this at some point while taking an airline flight. In Investing terms, it sums up the month of January very well as we closed out a volatile (turbulent) … Read more about January 2022 Newsletter

Hopefully, you and your families have been able to avoid the latest round of Covid. At Rockport not so much as both Joe and Bev have had to deal with it once again, fortunately not nearly as bad as it was in March for them, and all is good. The stock market closed out the year on a high … Read more about 2021 Quarter 4 Newsletter

We hope this newsletter finds you all healthy and safe as the country continues to navigate the Covid 19 Crisis and the Delta variant. The markets in general have continued to do an excellent job navigating not only the virus but other issues such as inflation and uncertainty about future tax … Read more about 2021 Quarter 3 Newsletter