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Monthly Newsletter

Stock Market and Account Update – June 1, 2020

Asset Solutions
Written by Asset Solutions

Market Summary

Market technicals have improved substantially over the past month. The S&P 500 has advanced above a major area of resistance and it’s 200-day moving average. This combined with much-improved market technicals suggests that market risk has subsided and the odds of higher stock prices in the near-term have increased.


Client Account Update

Client accounts are about 57% invested. We will continue to add positions progressively and strategically as long as market technicals remain positive.


Video Market Analysis

Click on the link below to view our technical analysis in more detail. In the video, I take you through several charts that highlight what we are seeing in the stock market.


If you have any questions, please feel free to shoot me an email.


Craig Thompson, ChFC

https://assetsolutions.info/

Email: craig@assetsolutions.info

Phone: 619-709-0066

Asset Solutions Advisory Services, Inc. is a Fee-Only Registered Investment Advisor specializing in helping the needs of retirees, those nearing retirement, and other investors with similar investment goals.

We are an “active” money manager that looks to generate steady long-term returns, while protecting clients from large losses during major market corrections.


Asset Solutions may discuss and display, charts, graphs, formulas which are not intended to be used by themselves to determine which securities to buy or sell, or when to buy or sell them. Such charts and graphs offer limited information and should not be used on their own to make investment decisions. Most data and charts are provided by www.stockcharts.com.

Asset Solutions is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.

All charts provided by: StockCharts.com

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Asset Solutions

Asset Solutions

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