Market Insights - 3/31/2025

The S&P 500 closed out Q1 of 2025 down nearly 5%, while the Nasdaq Composite closed down nearly 11%. This has easily been the worst quarter since 2022, and both indicies are below their 200-day moving averages. The S&P 500 250-day and 125-day momentum are now both in negative territory.

S&P 500 Momentum Summary

S&P 500 w/ 50 & 200 Day Moving Averages

Current Allocation

Given the decline in daily momentum, we first reduced exposure to equities earlier in the month. Now that we are at the end of March, we can observe that monthly momentum has fallen into negative territory as well (as expected). Given this occurrence, we have made a further reduction in our allocation to equities and are now in a neutral position, with the balance in short term fixed income.

MPORTANT DISCLOSURE: Choice Wealth Management, LLC is a registered investment advisory firm. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.