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Welcome to the Sandy Cove Advisors Blog

Please click the categories below to view recent articles and insights written by our Team.

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August Market Update: Best August in 30 Years, A Lot Needs to Go Right From Here

S&P 500 Index rose more than 7%, the best August since 1986. S&P 500 Index is extended and sits more than 15% above its 200-day moving avg. Nasdaq markets hit new all-time highs this month. Technology was once again the leading sector, rising 12% within the S&P 500. The 4th stimulus package ($1-4 trillion) stalled in Washington. U.S. passed the 6.0M case mark of COVID-19, but cases are down from July’s peak. Elections coming into focus with both RNC and DNC conventions held.

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May Market Update: Economic Reopening Optimism

The month of May brought higher returns in both equities and fixed income which may seem counterintuitive given all the bad news we witnessed on a daily basis from COVID deaths to economic destruction. The monthly returns were also much more broad-based with participation across various asset categories, sizes and regions.

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