Tuesday, August 23, 2022
The stock market rallied higher from mid-July to this past week. We suspected and believe it was just another rally attempt within the confines of a “Bear” market.A few "up" days – or even a couple of "up" months in...
Read More
Thursday, June 16, 2022
There wasn't much of a market reaction yesterday when the Fed increased the rate another 75 basis points, now at 1.60%. The Fed Chairman, Jerome Powell, mentioned a few things that are important for every investor to know. First, he...
Read More
Thursday, May 26, 2022
“Life is like riding a bicycle. To keep your balance, you must keep moving.” — Albert EinsteinThe S&P 500 Index was down more than 20% on an intraday basis on Friday, May 20th. However, a huge rally late in the...
Read More
Friday, October 8, 2021
So, what is causing all of the recent wild swings and historical high volatility in the marketplace? If we had to list them in order, we would say the media, brokerage firm market makers, and then the deficit. We think all will agree...
Read More
Thursday, April 1, 2021
Despite the DOW continuing to make “modest” new highs, we must remember, the DOW “only” represents 30 stocks. All the other “important” indexes remain directionless. They have been struggling for...
Read More
Friday, September 11, 2020
It is difficult to believe that today is the 19th anniversary of 9/11. Our thoughts and prayers are with the friends & families who lost loved ones. THE MARKET The market fell 10% off the high a few days ago and appears like it wants...
Read More
Monday, July 27, 2020
We, like many fundamental and technical analysts continue to wonder how and why these markets continue to move higher and higher. Two confirmed reversal signals were spotted a few days ago and were totally negated on Monday, the 20th....
Read More
Friday, June 12, 2020
The sell-off yesterday (June 11th, over 1800 points) was no big surprise to us. At the beginning of the month, we sent a letter to our in-house clients “warning” we were expecting a pull-back due to the market being so...
Read More
Tuesday, May 26, 2020
WHAT TO DO? For those nearing retirement or risk-averse, we suggest an allocation of bond funds and cash. If you wish to continue some equities exposure (to capture any possible continued up-move/growth) look at the large cap blend...
Read More
Wednesday, May 13, 2020
To say there has been a great deal of turmoil in the market/economy would be a gross understatement to say the least. Unprecedented is the correct word!!!! Many economists are cautioning a “double-dip” recession could...
Read More
Thursday, March 19, 2020
Our country, our economy, the market and for goodness sakes “all of us” are experiencing an unprecedented, “very scary” time in our lives. In my 34 years working with the stock market, I (along with many known...
Read More
Wednesday, March 11, 2020
The Media continues to frighten the public and investors hence the market trading up and down 1000 points. It even went so low on Monday (03-09-2020) that the market had to stop trading for 15 minutes. Of course, the media is enjoying...
Read More
Friday, February 28, 2020
One of the worst weeks that we have seen since October 1987. We are here, you are there, and we are all in this together, and yes, this has been painful to all (including us). Today, the market was down 16% from the high earlier in...
Read More
Monday, December 16, 2019
We hope everyone had a great Thanksgiving and the scale remains a friendly foe! The market has been on a “tear” upwards since mid-October, continuing to make new, all-time highs. The question now, is “how long will...
Read MoreThere’s quite a bit of negativity in the news these days. Whether it’s a global manufacturing recession, an endless trade war, geopolitical conflict in the Middle East, or possible impeachment, investors have fair reason...
Read More
Thursday, October 10, 2019
Since early June, the Dow has traded in a roughly 2000 point trading range and the S&P in a 500 to 200 point range and currently has no discernable direction. However, markets typically do not continue in a range much longer than we...
Read More
Friday, September 27, 2019
Here are 5 things to consider... 1. Safety First Insurance company financial ratings do matter if you are buying a guaranteed fixed rate or fixed index annuity when it comes to guaranteeing your future benefits and/or income....
Read More
The market has become extremely “head-line” driven lately. Primarily due to the China trade/tariff rhetoric. One day the president says we are “close to deal” and the market skyrockets, the next day he says...
Read More
Thursday, June 27, 2019
It is quite understandable many folks worry about running out of money in retirement, especially since no one knows how long they will live and what future costs will be. Go figure! There are several ways to increase your odds in...
Read More
Tuesday, June 4, 2019
The Economy: There has been no significant change in the economy since our last post of May 14th. The yield curve remains “flat” and there are “rumors” the Fed may “reduce” interest rates. The...
Read More
Tuesday, May 14, 2019
The Economy: GDP is holding firm with a bias to the upside (currently around 3.3%), Unemployment is at “historical” lows, the jobs “participation” rate continues to climb, inflation is a “non-event”,...
Read More
Tuesday, June 19, 2018
As all of you are aware, the market has been very volatile since “topping out” following an “all time high” on January 26th and the subsequent low in early February. Since then, the market has basically gone...
Read More
Wednesday, March 21, 2018
The Dow Jones market index formed a “wedge” over the past several weeks and based on technical analysis, the typical resolution to this formation is a significant “break” out of the “nose” of the...
Read More
Friday, March 2, 2018
Our Feb. 21st Blog pointed to Resistance around the 25400’ish level and the market reached that level on Feb. 27th and has since turned downward. As this is being written, the market is currently down to 24300 and has been as low...
Read More
Wednesday, February 21, 2018
Last Friday ( 2-16) was stopped at a major resistance level and has not been able to climb above it as of today (2-21). If it does, we will most likely see a re-test of the Jan 26 “all time” high. Conversely, if the S&P...
Read MoreStocks have violently declined and risen in recent days amid investor concerns about possible higher inflation and rising interest rates. Market returns have been very strong for a long time and for good reason. Our economy is...
Read More
Friday, February 2, 2018
Good Friday to all. Well, as I post this, the market is down 603 points (down 4% from the market high). Is this the end of the world???? No, it is not, our economy is doing better than it has for many years and believe it or not, the...
Read More
Friday, January 19, 2018
With the exception of a minor flat period from mid-October lasting until latter part of November and for about two weeks in December of last year, the market has done nothing but go up. We are now in 4th quarter 2017 earnings...
Read More
Thursday, August 11, 2016
We believe the market is at a critical “pivot” point (the 18600’ish level). The talking heads on TV continue to say the market “is making new highs”. What they are not sharing is it is doing so on...
Read More
Friday, June 24, 2016
As this was written, our market had fallen dramatically due to the market upheaval caused by Britain exiting the European Union (EU) (aka Brexit). For those that did not react to our June market letter that suggested a “dual...
Read More
Wednesday, July 29, 2015
On Monday, July 27, 2015, the Dow tested its July 7th low (17465) and actually went a bit lower to 17399 however, the other major indices did not reach their respective July 7th lows (except the small cap index, the Russell 2000). July...
Read More