Historic Valuations, Moving Averages & Five Things Every Portfolio Should Have

Moving Average Data ,Valuations & 5 Things Every Portfolio Should Have

It’s another informative and engaging episode of Money Wise, and the Money Wise guys are focused on the data. But first, a recap of last week’s numbers from Wall Street: The Dow was up slightly – essentially flat – while the S&P 500 was up 1.4% and the NASDAQ was up 2.3%. YTD the Dow is up 2.6%, the S&P 500 is up 5.4%, and the NASDAQ is up 6.5%. We’re seeing some similarities this year with how the market came hot out of the blocks at the beginning of 2023. The guys discuss moving average stats and the “Golden Cross.” There are rumblings of similarities between AI and the Dot Com era, but the Money Wise guys disagree that they’re comparable, especially from a valuation standpoint. They also discuss expected interest rate cuts, buy volume and an S&P record of interest.

What is a Moving Average?

The Money Wise guys mention the “moving average” several times in this episode, so let’s dig into that term. According to the Corporate Finance Institute, a moving average is a technical indicator that investors and traders use to determine the trend direction of securities. A moving average is calculated by adding up all the data points during a specific period and dividing the sum by the number of time periods. You can learn more about the importance and uses of a moving average here.

In the second hour today, the Money Wise guys share the Five Things Every Portfolio Should Have. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.