2/24 Market Update

Written by: Jeff Thomas

Stocks sold off today, as the Coronavirus spread globally.  The S&P 500 fell 3.27%, with the other two major U.S. indexes both solidly in the red for the day.

Three Dials Update

Despite the days’ move, the fastest moving of our dials, “Momentum”, is still strong.  We would need to see more than a 6% downdraft from here by the end of this week to recommend getting more defensive.  Today’s move has essentially taken the U.S. markets back to flat for the year.  The effects on our “Fundamental” dial will start to be evident next week as more economic data is released.  We will keep you posted on that data.  Our “Valuation” dial is not anywhere near to reversing up yet.

One of our key principles at Archetype is “Evidence, Not Opinion”. Rest assured, we will make the appropriate changes when the data demands it, not based on our emotions. 



Jeff Thomas is the Founder/CEO of Archetype Wealth Partners. He has assembled an amazing team to provide an open architecture, fee-only (fiduciary) platform that offers a wide variety of investment choice to clients. Archetype exists to help families thrive across generations.


Disclaimer: Our intent in providing this material is purely for informational purposes, as of the date hereof, and may be subject to change without notice. This article does not intend to constitute accounting, legal, tax, or other professional advice. Visitors and readers should not act upon the content or information found here without first seeking appropriate advice from a trusted accountant, financial planner, lawyer or other professional.


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