CMG Wealth Management

CMG Wealth Management Providing Wealth Management for Texan Residents, and the rest of the united states.

01/14/2025

Market Update: Week of January 6–10, 2025

It was a volatile week for the markets:

S&P 500 fell by 2.60%, reflecting broader economic concerns.
Dow Jones slipped 2.09%, while the Nasdaq saw the steepest drop at 3.48%, driven by weakness in tech stocks.
Crude Oil prices surged by 3.6%, buoyed by geopolitical tensions and rising winter demand.
NVIDIA faced a tough week, declining 8.53%, amid concerns about tech sector demand and profit-taking.
This week’s market moves highlight the ongoing challenges of rising interest rates, geopolitical uncertainty, and sector-specific pressures.

📢 Disclaimer: This update is for informational purposes only and should not be considered financial advice.

01/04/2025

First Market Update of the new year!

01/04/2025

Happy New Year from the CMG Family, to yours! Wishing prosperity and safety for all us in 2025!

12/29/2024

Here is your December 23-27 market update! Happy New Year!

12/22/2024

This weeks market update is in! Happy Holidays to our CMG family.

12/19/2024

Last weeks market update is here!

12/10/2024

Market Update for Dec 2-6th, from your team at CMG Wealth Management

12/10/2024

Last week, the S&P 500 and Nasdaq reached new record highs, driven by strong earnings from tech giants like Salesforce and Marvell Technology, as well as a robust November jobs report showing 227,000 new jobs added. Bitcoin also made headlines by briefly surpassing the $100,000 mark, influenced by favorable comments from President-elect Trump and Fed Chair Jerome Powell. However, the Dow Jones Industrial Average saw a slight decline. Notable corporate developments included Amazon's advancements in AI chip technology and a tragic event involving UnitedHealth Group's CEO.

11/20/2024

📉 Market Recap for Last Week 📈
It was a mixed bag for the markets! The S&P 500 dipped by 2%, the Nasdaq saw a 3.1% drop, and small-cap stocks (Russell 2000) fell 4%. Inflation ticked up slightly to 2.6%, and Federal Reserve Chair Jerome Powell hinted at keeping rates "higher for longer." 💵

💡 Bright Spots? Financials (+1.4%) and energy (+0.9%) outperformed. Meanwhile, tech and healthcare faced a tough week. Have you adjusted your portfolio strategy for these shifts? 🤔 Let us know below! ⬇️

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