Have a question ?

This Week in the Market

With Scott McCaghren

Domestic equity markets have set new record levels in 5 out of the last 6 trading sessions, all the while seeming to be relatively uneventful. 

As we often talk about in our weekly update, “the higher it goes, the thinner the air gets”.  There seems to be some pending volatility on the horizon, which we believe could be experienced next week.  With that being said, we are not looking for anything more than a percent or two which will allow the markets to take a breath. 


We have discussed with many people the prospect of buying volatility in order to reduce overall market exposure in addition to providing a partial hedge against the current portfolio.  With major indices sitting just beneath record levels, we do not see a reason to re-balance our current holdings, rather look to implement a strategy in order to protect current profits. 


We maintain our mid-to-long term bullish outlook as many of our analysts are pointing to the possibility of another double digit year, barring anything unforeseen.  As always we continue to monitor all equity, treasury, commodity and currency conditions in order to efficiently deploy capital as well as protect invested assets.


700 S Palafox St, Suite 300

Pensacola, FL 32502


3290 Dauphin St, Suite 506

Mobile, AL 36606


FL     : 850-435-4844

AL     : 251-471-2955

TF     : 877-318-6639

FAX   : 850-435-4843




© 2021 Safe Harbor Fiduciary


Investment advisory services are offered through Safe Harbor Fiduciary, LLC, a Registered Investment Advisor. Insurance products and services are offered through Safe Harbor Tax Advisory, LLC.

Safe Harbor Fiduciary, LLC and Safe Harbor Tax Advisory, LLC are affiliated companies.