Noble Virtue Wealth Management
Utilizing experience in the wealth advisory field since 2007 and in financial relationship managemen
21/04/2020
In our continued commitment to you, we are offering you an opportunity to help navigate the ever-changing financial environment caused by COVID-19, Ryan Filiaggi and his team at Noble Virtue Wealth Management are now offering virtual appointments. These meetings are designed to help you whether you are in or near retirement by helping you maximize your cash reserves and develop a plan to replenish and protect your portfolio when the market rebounds.
To schedule your virtual appointment call us at 302-864-4111 or email to [email protected].
26/03/2020
Our Chief Market Strategist Quoted in NY Post
(N.Y. Post, March 25, 2020)
US stocks rallied on Wednesday — notching their first back-to-back gains since last month — as Congress and the White House agreed on a $2 trillion coronavirus stimulus package.
The Dow Jones industrial average rose 495.64 points, or 2.39 percent, to 21,200.55 after lawmakers reached an overnight spending deal for a giant spending package that will send checks directly to millions of Americans, even as it bails out virus-stricken industries ranging from airlines and insurers to restaurants and hotels.
Earlier in the session, the Dow had climbed as much as 1,315.02 points, or 6.3 percent. The S&P 500, which rose as much as 5 percent after a morning of choppy trading, closed 1.2 higher. The tech-heavy Nasdaq, however, close 0.5 percent lower after rising as much as 3.4 percent earlier in the session.
The Dow’s Wednesday rally came on the heels of the Dow’s best day since 1933, in which stocks on Tuesday jumped 2,112 points, or 11.4 percent, showing signs that markets are beginning to find the bottom of a brutal downturn even as the virus continues to pose a threat, analysts said.
“If we can just close in the green today, it will tell you that there are real buyers coming back into the market,” said Eric Marshall, director of research at Hodges Capital Management. “Now that they’ve addressed their liquidity, they’ve repositioned portfolios, now people are going back in going, ‘OK, what is the reality of the situation?’”
The largest stimulus package in American history answered Wall Street’s call for a fiscal response to the virus crisis complementing the Federal Reserve’s aggressive moves to stanch the economic bleeding. While the markets anticipated the deal Tuesday, analysts said investors were still encouraged by the fact that it actually got done.
They also welcomed Congress’s efforts to help Main Street through cash payments to Americans and support for small businesses, according to Michael Cuggino, president and portfolio manager of the Permanent Portfolio Family of Funds.
“I think this does provide some psychological benefit to the market in terms of seeing leadership from DC,” Cuggino said.
“I think the market was worried that they would fiddle while Rome burned, so to speak, because every day you walk the streets, you get a sense of the real impact of a complete shutdown in our economy and our society,” he added.
The stimulus bill’s measures to shore up pandemic-battered industries such as airlines and hospitals appeared to help the Dow outperform Wall Street’s other benchmarks. The 30-stock index has not posted two straight days of gains since early February.
How much will Americans get paid by the coronavirus aid bill?
Beleaguered aerospace giant Boeing led the Dow with its shares surging 24 percent to $158.73, while insurance giant UnitedHealth rose 6.8 percent to $234.49.
Companies that have taken a beating during the virus crisis have “gone up tremendous percentage gains but from very low levels, and that’s because of the effect of the stimulus bill,” said Donald Selkin, chief market strategist at Newbridge Securities.
Wednesday’s stock rally came even as the virus continued to spread in the U.S., with the number of reported cases in New York — the nation’s epicenter of the crisis — surpassing 30,000. Widespread lockdowns leading to business closures and mass layoffs have sparked fears of a deep economic recession, though many experts expect a quick rebound after the virus subsides.
President Trump indicated Tuesday that he wants to accelerate the comeback, saying he wants the country “opened up and raring to go” by Easter. The comments were likely meant to inspire optimism among investors that the shutdown won’t last forever, observers said, as the scope and path of the outbreak remain uncertain.
“My personal view is that we need to start seeing more tests. The more tests, the more clarity you’re going to get,” said Sahak Manuelian, managing director and head of equity trading at Wedbush Securities. “Once we start getting a handle on how bad this contagion is or is not, then we can start making some decisions.”
28/01/2020
Noble Virtue Wealth Management offers all-encompassing services for our clients. Our reputation thrives on our high-level of customer satisfaction. When our clients are truly confident in their financial stability, we have done our job.
Whether you are experienced in the world of financial matters or are just starting to build your portfolio, Noble Virtue Wealth Management can help you every step of the way. Utilizing experience in the wealth advisory field since 2007 you'll experience a dynamic personal relationship that goes far beyond the services you received in the past. Taking a comprehensive look at your financial picture allows us to design solutions around you, in collaboration with you, for the benefit of you and your loved ones.
Ryan Filiaggi
CEO, Senior Wealth Advisor
Noble Virtue Wealth Management
Phone - 302-864-4111
Email – [email protected]
Web - www.noblevirtuewealthmanagement.com
19/11/2019
This is getting contagious....Check out our weekly market recap and the record setting week that was. Check out our article on Linkedin...
https://www.linkedin.com/posts/ryan-filiaggi-13136319_weekly-market-update-activity-6602654718248439808-jnSt
Our team of professionals have years of experience in financial services. We can help you address your needs of today and for many years to come. We look forward to working with you.
Noble Virtue Wealth Management
Office: (302) 864-4111
[email protected]
https://www.noblevirtuewealthmanagement.com
05/11/2019
Check out our weekly Market Update via the link below...
https://www.linkedin.com/posts/ryan-filiaggi-13136319_weekly-market-update-activity-6597562563041509376-Oa7T
Our first priority is helping you take care of yourself and your family. We want to learn more about your personal situation, identify your dreams and goals, and understand your tolerance for risk. Long-term relationships that encourage open and honest communication have been the cornerstone of my foundation of success.
Our team of professionals have years of experience in financial services. We can help you address your needs of today and for many years to come. We look forward to working with you.
Noble Virtue Wealth Management
Office: (302) 864-4111
[email protected]
www.noblevituewealthmanagement.com
31/10/2019
31/10/2019
Your relationship is what’s most important to us. Our passion will drive your success.
Utilizing experience in the wealth advisory field since 2007 and in financial relationship management since 2011, you will experience a dynamic personal relationship at Noble Virtue Wealth Management that goes far beyond the services you may have received in the past. Taking a comprehensive look at your financial picture allows us to design solutions around you, in collaboration with you, for the benefit of you and your loved ones.
At Noble Virtue Wealth Management we believe in building strong, lasting relationships that assist our clients in achieving their financial goals. Through a goal-based approach we strive to gain a deep understanding of our clients’ full financial picture, their risk tolerance, and their time horizon, to direct their assets to the most efficient and effective strategy. We proactively work to anticipate their life transitions, plan accordingly, and review regularly to assure we are always on track and aligned with their goals.
Through Newbridge Securities Corporation we are able to address all aspects of your financial needs. Retirement planning, income strategies, tax managed strategies, cash management strategies, estate planning, alternative investments, and debt management are areas in which we strive to assist our clients. We are able to offer solutions such as individual stocks, mutual funds, ETF’s, Limited partnerships, REITS, insurance, annuities, and numerous fixed income alternatives to help implement your plan.
Our team of professionals have years of experience in financial services. We can help you address your needs of today and for many years to come. We look forward to working with you