2021 Q2 Market Update

Hey Everybody,

We hope that you are all tolerating this heat wave that has seemed to sweep across the country. We wanted to post a market update on this website as it is going to be where all future communications can be found on the market, as well as any material information pertaining to you and/or Agilis Wealth.

The first two quarters of the year have been interesting for our portfolios. For the first time in what feels like forever, technology stocks (IE. Apple and Microsoft), suffered while financials and energy took the reins to lead the market in gains. We were still heavily positioned in technology, and it took us a while to really get a hold of the market sentiment and get our models more balanced among those stocks that are performing better in today’s market. This means we have underperformed the market, but we do, as always, trust in our process and make sure that we are doing our best to capture those market gains. Our top priority, however, is to quantify the risk to your portfolios and make sure to have a handle on that risk. We wish every year could be like 2020, as far as the performance goes, but we stand fast in our belief that mitigating the risk to your portfolios is the most important part of our management of your account.

With the year being halfway over and us seeming to pull farther away from the COVID trials of 2020 we are beginning to schedule phone calls and appointments where possible. If there are questions or concerns that you have or you would like to request a particular date for a call/meeting please let us know. There are links provided on the website and our emails/phones are always open. We wish you a wonderful and safe second half of 2021, and as Dave always says, “Trust the Process”.

-Jordan