NAAIM Speaks is newsletter containing market insights and analysis from NAAIM member firms. This newsletter is designed to provide a plethora of market analysis, indicators, some occasional humor, as well as a summary of NAAIM’s proprietary Dynamic Asset Allocation Model and Managers Exposure Index. The report is for informational uses only and is not to be construed as investment advice.
How Active Management Helps With Social Security
By: Paul Schatz, Heritage Capital LLC
Published: 10.21.24
While Social Security can be an important source of income, it often falls short of covering all expenses—especially with rising taxes and inflation. For many high-net-worth individuals, relying on investments to make up the difference can be stressful with increasing market volatility. Active management offers a solution by helping protect your investments from market swings while pursuing growth opportunities, thereby creating a more stable approach to retirement planning…
Seasonality Fakeout?
By: Ryan C. Redfern ShadowRidge Asset Management
Published: 9.27.24
Volatility (often measured by the VIX index) has been relatively higher since mid-July, as expected for this part of the year. However, the stock market indexes haven’t been down as much as Seasonality would normally suggest this far into September. That’s not to say that there haven’t been bigger swings that follow volatility spikes, but overall, things aren’t looking as bad as they could right now…
The Message From the NAAIM Indicator Wall
By: National Association of Active Investment Managers
The NAAIM Indicator Wall provides a weekly update to a robust array of stock market indicators. The “wall” includes readings and explanations of indicators and/or models in the areas of price/trend, momentum, key price levels, overbought/sold readings, sentiment, monetary, economic, inflation, and market cycles.
This time, we’re featuring the Early Warning Board , which is designed todesigned to suggest when the market may be ripe for a reversal on a short-term basis
Note: The Indicator Wall is a benefit provided to NAAIM Members and is password protected. To obtain a temporary password, contact NAAIM at 888-261-0787.
The Fundamentals Suggest…
By: Rob Bernstein, RGB Capital Group
Published: 10.21.24
The Fed is expected to cut rates by 0.25% in both November and December, with further cuts anticipated through next year.
This should have a positive impact on both interest rate sensitive and economically sensitive bonds given the inverse
relationship between bond yields and bond prices.
A continuation of the longer-term downtrend in yields will be positive…
Staying on the Bull Train
By: Craig Thompson, President Asset Solutions
Published: 10.3.24
The stock market remains bullish, continuing the trend we’ve seen over the past year. As noted in last month’s newsletter, major indexes have been advancing with healthy pullbacks followed by strong rebounds, and nothing has changed in that regard…
The NAAIM Dynamic Allocation Model
Designed to be a value-add benefit to membership, NAAIM offers a Dynamic Asset Allocation Model based on the NAAIM Indicator Wall of indicators and models. The overall objective of the model portfolio is to dynamically adapt to changing market environments and to keep equity exposure in line with conditions. The model targets a normalized allocation of 60% stocks and 40% Bonds.
Here is this week’s model allocation:
The model has been run live on the NAAIM website for several years and has demonstrated the ability to reduce exposure to market risk during negative environments such as those seen in 2015-16 and 2018.
More on the Dynamic Allocation Model and Historical Readings
The NAAIM Dynamic Allocation Model is for illustrative and informational purposes only, and does not in any way represent an endorsement by NAAIM or an investment recommendation.
No Time To Throw Caution to Wind
By: Bo Bills Bills Asset Management
Published: 10.18.24
The S&P is now up the last 6
weeks. It has been an impressive run. This will pass
and we will get some scary drops – when it comes is
anyone’s guess, but it is coming. I wouldn’t throw
caution to the wind at these levels, but we aren’t
ready to sell either…
The Election and Your Money
By: Will Hepburn ShadowRidge Asset Management
Published: 9.27.24
Some of the more frequent questions we get these days are about the election. What’s going to happen if one candidate wins, or worse, the other? What are we doing to protect your investments? Should we move to cash and just be careful? …
Latest Market Insights Video
By: Ben Reppond Reppond Investments
Published: 10.16.24
Ben Reppond’s latest video reviews the status of the stock market today…
All About Growth and…
By: Dexter P. Lyons Issachar Fund
Published: 10.21.24
We are currently focused on growth stocks experiencing accelerating earnings and sales, positioning us to capitalize on the AI expansion. But we also have a big slug of gold, designed to…
The NAAIM Member Exposure Index
The NAAIM Exposure Index represents the average exposure to US Equity markets as reported by our members in the organization’s weekly survey. Note that many NAAIM members are risk managers and tend to reduce exposure to the markets during high risk environments.
Click To See the Current Exposure Index
NOT INVESTMENT ADVICE. The analysis and information in this report and on our website is for informational purposes only. No part of the material presented in this report or on our websites is intended as an investment recommendation or investment advice. Neither the information nor any opinion expressed nor any Portfolio constitutes a solicitation to purchase or sell securities or any investment program. The opinions and forecasts expressed are those of the editors and may not actually come to pass. The opinions and viewpoints regarding the future of the markets should not be construed as recommendations of any specific security nor specific investment advice. Investors should always consult an investment professional before making any investment.
Tags: NAAIM, NAAIM Speaks, Stock market, Stock Market Analysis, stock market, David Moenning, Heritage Capital Research, Paul Schatz, Heritage Capital LLC, Rob Bernstein, RGB Capital Group, Ryan Redfern, Shadowridge Asset Management, Sam Bills, Bo Bills, Bills Asset Management, Dexter Lyons, Issachar Fund, Jim Lee, Stratfi, Craig Thompson, Asset Solutions, William Hepburn, Asher Rogovy, Magnifina, Ben Reppond, Reppond Investments, NAAIM Exposure Index, NAAIM Dynamic Allocation Model