INSIGHTS
Knowledge, Information and Actionable Advice
Update From CIG Asset Management: Time to Reconsider Regret
When you or your advisor make changes to your investment portfolio, it’s natural to feel regret. When you buy investments, there’s always a chance you’ll regret it later. More importantly, if you sell some of your investments and the market keeps rising, you might regret selling too soon—especially if you must pay taxes on the gains. On the other hand, if you sell and the...
Update from CIG Asset Management: Extremes May Create Opportunities
The stock market rally continues. Through June 13, 2024, the S&P 500 has gained +14.7% year-to-date and we still haven’t seen a single-day decline of over 2% in 479 days, the third longest stretch in the past 25 years. We wrote about this extraordinary winning streak in last month’s update, Where are we now?
This year, some investors who have a diversified portfolio...
CIG Asset Management Update: Where are we now?
The S&P 500 currently is experiencing its third longest period in the past 25 years without a single-day decline of over 2%. Yes, including last month. The graph below depicts the past 25 years, highlighting every day when the S&P 500 fell over 2% (indicated by black vertical lines). These occurrences aren’t rare.
Chart by CIG Asset Management using data from...
CIG Asset Management Update: Infrastructure, Gold, and Strategic Positioning in a Changing Landscape
In our October 2023 CIG Asset Management Update: Year-to-Date U.S. Stock Performance in Pictures, we discussed our theme of Clean Transition Investing as a possible alternative way to participate in the stock market without chasing the Magnificent 7 stocks. This theme focuses on the 2015 Paris Agreement, which outlined the long-term goal of reaching net zero emissions...
CIG Asset Management Update: The Stock Market Rally May Be Broadening
In October 2023, we shared the CIG Asset Management Update: Year-to-Date U.S. Stock Performance in Pictures and we discussed how the Magnificent 7, seven mega-cap growth stocks, were driving the returns of the S&P 500.
This outperformance continued through year end as you can see in the December 31, 2023 FinViz heat map below.
Source: FinViz as of 12/31/2023
In...
Update from CIG Asset Management – Wealth Destroyer – As Seen On TV
CNBC television frequently has a guest, Cathie Wood, Founder & CEO of ARK Invest. Oftentimes Cathie will tout the funds and stocks that are held in the funds she manages. On April 12, 2022, Cathie Wood said the following live on CNBC, “Over the next five years we’re expecting a 50% compound annual rate of return for the next five years.”
How has the performance of ARK...
Update from CIG Asset Management Team – Asset Manager Annual Checkup
In an era of consolidation in the wealth management industry, an annual check-up of who is managing your assets is important. With firms like LPL, Wealth Enhancement Group, Stratos Wealth Partners, it raises the question: Who is actually managing your money? Do you know the individuals on the company’s website?
We suggest that you conduct an Asset Manager checkup.
Annual...
Update from CIG Asset Management – What’s Your Benchmark?
Do you compare your investment portfolio’s performance to a popular stock that you hear about on CNBC?
This is the daily chart for Nvidia, a single stock that soared +220% year-to-date through November 30, 2023.
Maybe you compare your portfolio to the S&P 500.
Year-to-date through November 30, 2023, the S&P 500, represented by the SPDR S&P 500 ETF (SPY), is up...
CIG Press Release: CIG Capital Advisors Announces New Advisory Board as They Posture for Growth in 2024
Contact: Joan Frank
Tel: (248) 330-0001
Email: joan@bfrankcommunications.com
www.bfrankcommunications.com
FOR IMMEDIATE RELEASE:
November 29, 2023 — Southfield, MI —CIG Capital Advisors is gearing up for major strategic growth in the upcoming years, starting with the introduction of its new CIG Advisory Board, which will play a pivotal role in advising and shaping...
CIG Asset Management Update: Year-to-Date U.S. Stock Performance in Pictures
The chart below shows the year-to-date performance through October 20, 2023, of the market cap-weighted S&P 500 – represented by the SPDR S&P 50 ETF (SPY) gaining +10.4% versus the equal-weighted S&P 500 – represented by the Invesco S&P 500 Equal Weight ETF (RSP) falling -3.5%.
Source: Barchart.com
Why is there such a big difference in...
CIG Asset Management Update: A New Bull Market?
Summary:
* Are we in a new bull market?
* S&P 500 performance continues to be concentrated in only a few names.
June 2023 Returns:
Benchmark / Index
Return
Benchmark / Index
Return
Growth Benchmark
4.7%
Balanced Benchmark
3.4%
S&P 500...
CIG Asset Management Update: Technology Bubble 2.0?
Summary:
* The performance ratio of the S&P 500 Information Technology Sector to the S&P 500 has hit an all-time high.
* Market returns after hitting these levels have not been favorable in the past.
Commentary:
The performance ratio of the S&P 500 Information Technology Sector to the S&P 500 (the blue line on the above chart) has hit an all-time high of...
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