BIONDO Perspectives

THIRD QUARTER REVIEW 2018

By Joseph P. Biondo

Strength in the U.S. economy faring well for growth companies’ earnings. Domestic equity markets continued to climb higher during the third quarter. The strong returns were led by large cap stocks, with the S&P 500 Index up 7.71% for the quarter, bringing the year-to-date return to 10.56%. Growth continues to outperform value, as evidenced by […]

READ MORE

Q3 – State of Our Business

By Joseph P. Biondo

In a break from normal tradition, I would like to take the opportunity to update you on the state of our business at Biondo Investment Advisors. I am pleased to report that by the most common metrics for our business, things have never been better. Assets under management exceeded $600 million as of 9/30/2018, an […]

READ MORE

SECOND QUARTER REVIEW 2018

By Joseph P. Biondo

Much like last year, growth stocks are leading the pack. Happy Summer! Beaches, barbeques, camp, fireworks, lightning bugs are some of the best things, in my view, that come with summer. Vacation too. I was fortunate to spend the last days of June and first days of July with my family in Italy – 16 […]

READ MORE

FIRST QUARTER REVIEW 2018

By Joseph P. Biondo

Volatility. It’s back. After a prolonged period of relative calm in the global markets, volatility has reared its head again since the beginning of February. Consider that during the first quarter, the S&P 500 Index moved up or down 1% or greater in 23 trading days or about 38% of the time, while only 2 […]

READ MORE

FOURTH QUARTER REVIEW 2017

By Joseph P. Biondo

Globally, corporate earnings have been steadily growing and projections for 2018 look to be strong. Happy New Year! We hope that your holiday season was fantastic and wish you all our best for a healthy and profitable 2018. 2017 is now behind us, so as is customary, we take time to reflect on what has […]

READ MORE