Commentary & Market Analysis
August 2, 2010
During the second quarter of 2010 the major market averages posted losses exceeding 10%. July, however, brought about a much needed reprieve with positive price appreciation
July 1, 2010
It is safe to say that a cyclical (short-term) bull market commenced in March 2009. Bull markets are formed when all pullbacks inside the bull are contained at a higher price than the previous pullback. We saw pullbacks during the summer and fall of 2009, and on February 5, 2010 when the S&P 500 Index was at a low price of 1045. Most recently on June 7th, the S&P 500 Index tested this level successfully, meaning that buyers bid-up the price of underlying securities.
June 9, 2010
Stadion clients can be assured that we are reading and reacting to the market data and balancing safety and return according to our rules-driven process.
May 3, 2010
As the second quarter began the equity markets continued a powerful uptrend supported by positive market technicals, fundamentals and macro-economic news. Midst abundant optimism , the markets traded even higher during April thanks to positive earnings announcements, with over 80% of companies beating estimates. The markets ascended vigorously through mid-month when we began to see a slowed upward momentum, sideways price movement and increased volatility as headlines shifted from pleasant earnings surprises to negative events.
April 1, 2010
At Stadion, we react to what is happening right now versus attempting to predict where the market might be headed. Even our market-reactive (vs. predictive) model can be wrong, but over time it assures we won't stay wrong for long. This means you can rest well at night knowing that even when we have one foot pressing the throttle, the is other poised over the brake.
Past performance is no guarantee of future results. Investments are subject to risk, and any of Stadion's investment strategies may lose money. Investment return and principal value of an investment will fluctuate so that an investor's portfolio may be worth more or less than their original investment. The investment strategy presented is not appropriate for every investor and individual clients should review with their financial advisors the terms and conditions and risk involved with specific products or services. Stadion's actively managed portfolios may underperform during bull markets.