Wealth Management Firm Near Me - Facebook Icon IMG  Wealth Planning Near Me - Certified Financial Planners Twitter Icon IMG   Find A Financial Advisor Near Me - Wealth Planners Linkedin Icon IMG 


Access Your Account Online

☰ Menu
Market Updates

Morning Commentary

April 30th, 2019

Wealth Management Group Near Me - Windsor Wealth Logo IMG

Headline news:

U.S. futures were little changed a day after the S&P 500 and the Nasdaq recorded another record closing high. European markets were lower along with Asian markets due to a weak China manufacturing report. Alphabet (GOOGL) missed on Q1 revenues after the bell on Monday, and the stock is off 7% in premarket trading. Apple will report after the bell today.


The S&P 500 closed at another record high on Monday at 2943.03, but the move came on lower than average volume. We were looking for a follow-through move higher with better than average volume. We now feel that it would be good for the index to move back into the old trading range of 2908.53-2939.88 this week, and we feel a potential new leg higher can happen after some consolidation of the breakout on 4/23/2019.


Today the Federal Open Market Committee, FOMC, will begin a two-day meeting to determine the near-term direction of monetary policy. The committee meets eight times a year with the announcement of decisions on Wednesday’s. The FOMC is expected to not raise rates, but investors will want to hear their thoughts on the economic activity for the rest of the year.

We are currently long term bullish with short term caution.

John N. Lilly III
Accredited Portfolio Management Advisor℠
Accredited Asset Management Specialist℠
Portfolio Manager, RJ
Partner, Windsor Wealth
Windsor Wealth

Find A Financial Advisor Near Me - SC Graph IMG 11


The Relative Strength Index (RSI), developed by J. Welles Wilder, is a momentum Oscillator that measures the speed and changes of price movements.

The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S stock market. Past performance may not be indicative of future results. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investors’ results will vary. Opinions expressed are those of the author John N. Lilly III, and not necessarily those of Raymond James. “There is no guarantee that these statements, onions or forecast provided herein will prove to be correct. “ The information contained was received from sources believed to be reliable, but accuracy is not guaranteed. Investing always involves risk and you may incur a profit or loss. No investment strategy can guarantee success. The charts and/or tables presented herein are for illustrative purposes only and should not be considered as the sole basis for your investment decision. International investing involves special risks, including currency fluctuations, different financial accounting standards, and possible political and economic volatility. Investing in emerging markets can be riskier than investing in well-established foreign markets. The NASDAQ Composite is a stock market index of the common stocks and similar securities listed on the NASDAQ stock market.




Securities offered through Raymond James Financial Services, In., Member FINRA/SIPC.  Investment advisory services offered through Raymond James Financial Services Advisors, Inc. Windsor Wealth is not a registered broker/dealer, and is independent of Raymond James Financial Services. Raymond James financial advisors may only conduct business with residents of the states and/or jurisdications for which they are propertly registered.  Therefore, a response to a request for information may be delayed.  Please note that not all of the investments and services mentioned are available in every state.  Investors outside of the United States are subject to securities and tax regulations within their application jurisdications that are not addressed on this site.  Contact your local Raymond James office for information and availability. Links are being provided for information purposes only.  Raymond James is not affiliated with and does not endorse, authorize or sponsor any of the listed websites or their respective sponsors.  Raymond James is not responsible for the content of any website or the collection or use of information regarding any website's users and/or members.