July Begins With Strong Stats
First half of the year is in the books. I will have tons to say about that another time. However, it continues to amaze me how many large and small investors reacted so emotionally in early April during the tariff tantrum and missed out on one of the best quarters in years. It’s so beyond perplexing that supposedly smart people ignored data for so long. As we begin July, we know that the month closes up an average of 1.5% […]
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Date: July 1, 2025
Thinking About Switching Financial Advisors? Here’s What To Know
Changing financial advisors can feel like a major decision, especially when you’re nearing retirement or managing significant assets. Ending one advisory relationship to start another may seem overwhelming. However, if your needs have evolved or you’re not receiving the guidance and services you expect, it’s probably time to consider a new path. At Heritage Capital, we understand how personal this decision is—and how important it is to get it right. Our team has decades of experience in Connecticut financial planning, […]
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Date: June 30, 2025
ALL-TIME HIGHS – Let That Sink In
I think this is going to be a quick update as I am grinding on end of month and quarter portfolio work. Almost three months ago as the global markets plunged into the abyss and the masses were screaming about geopolitics and a repeat of 2008, I shared that our studies were 80% in favor of new highs late this year or Q1 2026. And I was almost the lone wolf in that regard. Pervasive chatter about Armageddon was abound. […]
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Date: June 27, 2025
Oil Plunging, Stocks Surging – Exactly What The Pundits Did Not Want
As I wrote about on Monday, there was all kinds of hysteria over the weekend about stocks crashing and oil spiking. Some newly minted experts even said the US would be in recession “within days”. A funny thing happened on the way to a 2008 redux, the markets did the exact opposite. Look at crude oil below on the far right. From $78 to $64 to just two days. An awful lot of dumb money poured into oil right before […]
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Date: June 25, 2025
Calls (or hopes) For Stock Market Crashes Have Been Wildly Exaggerated – Again
It’s another geopolitical Monday. And as usual, we have all these newly minted pundits and experts on the Middle East. Also, as usual we have the masses already embarrassingly wrong. The nonsense I read being bandied about over the weekend was beyond laughable. Calls for a global stock market crash with oil spiking $50 were patently idiotic. I think some folks literally sit around hoping and praying for global demise. Early Sunday evening, pre-market action showed stocks being down roughly […]
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Date: June 23, 2025
Downside Set Up & Small Caps
It has been a quiet week for stocks, but you would have concluded that had you listened to all of newly minted geopolitical experts calling for WWIII, oil to $150 and risk assets crashing. Once again, managing money by using global events is a fool’s errand, not that those events won’t impact. It’s just that the world is always, always, always a volatile place. Iran, Russia, China, Gaza, COVID. There is always something. When investors make emotional decisions based on […]
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Date: June 20, 2025
***Special Fed Meeting Update – Still Asleep And Fighting Wrong Battle***
It’s FOMC (Fed) day. The stock market model calls for plus or minus 0.50% until 2pm and then a rally. The likelihood of success has risen because of the recent weakness. And there is also a potential set up for weakness depending on how stocks react. Jay Powell and the FOMC should reduce interest rates by 1/4%. I said the same thing in March as well as May. Just like they were embarrassingly wrong in waiting to hike rates when […]
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Date: June 18, 2025
Stocks Still On Track For All-Time Highs
Greetings from 35,000! A quick trip to Gainesville, FL and Athens, GA. I hope everyone had a great Father’s Day weekend. Mine was full of family, golf and well, more golf. The U.S. Open was one of the best finishes ever with so many pros experiencing despair amidst a few small pockets of jubilation. For most of the tournament I never thought JJ Spaun would even finish in the top 10. And poor Sam Burns. Hard to come back from […]
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Date: June 16, 2025
Interest Rates & Your Investments: What To Watch Now
Rising and falling interest rates can affect more than just mortgage payments or savings yields—they can influence the entire structure of your investment portfolio. For high-net-worth individuals, these shifts carry even greater weight. With larger, more complex portfolios, even modest changes in rates can impact long-term outcomes. At Heritage Capital, we have a deep understanding of the markets and interest rate fluctuations, and we’ve spent over 30 years providing financial planning for high-net-worth individuals. Our founder and Chief Investment Officer, […]
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Date: June 16, 2025
Market Needed An Excuse To Pull Back – Israel Provided It
I have recently written about the stock market rallying very far and very fast. A pullback was due. The Volatility Index (VIX) was one clue that some weakness was imminent as it was up the past two days without stocks being down. You may have to squint, but look at the far right side of the chart below to see what I mean. With Israel attacking Iran on Thursday night, the excuse for lower prices came. A 2-4% pullback would […]
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Date: June 13, 2025
