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.
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
May 18, 2015
Last week's modest gain of 0.3% pushed the S&P 500 into record territory. Sentiment has turned and we could be in a break out to the upside. Resistance on the S&P 500 Index is 2,150.
QE in Europe has just begun. Overall volatility has diminished. April retail sales were not as weak as in Q1, and it looks like consumers are saving more, not spending more right now. Earnings projection for Q2 is +2.1% vs. Q1 2014. Since revisions were dramatically lowered, may have set the table for a surprise to the upside.
And then there's the Clippers. Please don't get me started.