News & Insights

The following has been compiled from information and comments provided by the investment professionals of Frost Investment Advisors:  

Market Jitters…

Last week was difficult for the markets with most of the major indexes closing lower and the tech-centric NASDAQ posting a nearly 10 percent drop from its September 2 high.  Unfortunately, once again there were few hiding places for investors with most industry sectors down, especially anything momentum driven.  The good news is that, despite last week’s sell-off, the primary drivers of this nearly six-month recovery are still in positive territory.  Checking in with the five top stocks in the cap-weighted S&P 500—Apple, Microsoft, Amazon, Facebook and Alphabet, Inc.—all of these companies are still sitting at strong year-to-date returns, with the shopping/home delivery king Amazon still up nearly 69 percent.