Discover Our Services

At Virtus Wealth Management, your Southlake independent financial advisors, we help our clients prepare for a financially-secure future by developing long-term strategies that focus on the “big picture” versus short-term gain, thereby managing risk.

Connect With Us

Today’s economic conditions and uncertain financial markets require the savvy investor to go beyond traditional boundaries.

Resources

Our mission is to provide innovative, sophisticated and highly customized wealth management solutions and financial advice that address all facets of your finances.

Connect With Us

We tailor everything to each of our clients’ specific needs so that each client can pursue his or her different goals.

Virtus Wealth Management

Virtus Wealth Management is the product of a 2016 merger between two well-established Texas wealth management firms.

Connect With Us

Wealth management is more than just investment advice – it includes all aspects of a client’s financial life.

Latest Post

Get in touch

Wealth management is more than just investment advice – it includes all aspects of a client’s financial life.

Who We Help

At Virtus Wealth Management, we believe we can help you no matter what age you are, what life stage you are in, or how much money you are working with. We want you to feel educated, empowered, and involved in the planning of your financial future.

Terrific Tuesday

  • $
  • Terrific Tuesday

by | May 28, 2013

Terrific Tuesdays continue as the Dow Industrial Average was up this past Tuesday over 100 points.  The past 11 weeks has seen the DOW Industrial Average up 964 points on Tuesdays, while the rest of the days have fallen approximately 70 points.  Based on Wednesday’s action, it appears that trend is continuing.

Interest rate sensitive investments are being hit the hardest as rates continue to climb.  Fixed income investments, income producing real estate, and other rate sensitive sectors are in the midst of a correction.  Is this a correction or is the beginning of longer-term increases in interest rates?

As for the overall market, bullishness still concerns me.  AAII (The American Association of Individual Investors) reports their lowest levels of bearish advisors in well over a year and the VIX Index, which measures fear levels in the market, is below 14.  A reading below 20 for a six month period is historically met with underperformance the following six months.

On the positive light, the Fed continues with its bond buyback program.  This appears to be a conflicting positive though since if the economy was doing as well as many reports suggest, one would think we wouldn’t need the buyback program.  Nevertheless, employment continues to be stronger than expected, especially considering sequestration.  This week’s report on Thursday will be a market mover.

Longer-term, I am cautious due to the upcoming Fiscal Cliff discussions, which will certainly involve more rhetoric of higher taxes and cuts to important spending entitlements.  Also, just how much longer, if employment continues to strengthen and the economy continues to chug along, will the Fed buy back bonds?  Over the past 3.5 years, the market hasn’t responded well after the Fed has stopped their quantitative easing programs.

Let’s Connect

Contact Us