Latest Outlook & Market Commentary   
Q3 2014

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Who is Newbury?

Newbury Capital Management is a privately held investment advisory and wealth management firm created to service the needs of high net worth individuals/families and institutional investors.  Through an unwavering focus on risk management, unbiased portfolio construction, and intelligent planning, Newbury helps investors plot a roadmap to financial success – both today and for the future.

Our Commitment
At Newbury Capital Management, we treat our clients with courtesy and integrity. We provide honest financial advice backed by our years of experience and proven track record.  We strive to earn our clients' trust in every aspect of the advisory relationship. We use leading technologies to ensure instant access to the financial world.  Our commitment is to provide the highest level of satisfaction in your investment advisory and wealth management experience with our firm.

Notes from the Research Desk 
December 15, 2014

We're in the midst of our second pull-back this quarter, with the S&P 500 -4.4%. Falling oil price,s while good over the long term, are creating uncertainty. The Fed meets this week and all eyes are watchgin for a signal regarding rising interest rates.

Following this pull-back, we believe stock prices to resume their upward grind higher. US economy is proving to be quite resilent, and the aforementioned drop in oil prices will help this trend continue. Global monetary policies remain favorable, and M&A activity is robust. Our year end price target for the S&P 500 has been increased slightly to 2,025. Key support level is 1,980, followed by 1,940.

Happy Holidays!