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Author:

Paul Schatz, President, Heritage Capital

How Inflation Affects Your Taxes in Retirement

Inflation is an inevitable part of life. It means that prices will increase over time, and (believe it or not), in some cases, that is good news. For example, inflation can help the economy grow more quickly and provides more opportunities for workers to raise their salaries over time. Sometimes it can help countries and individuals with high amounts of debt pay their creditors off more easily, as well.  However, when it comes to retirement savings and taxes, even for […]   Read More
Date: October 18, 2022

FedEx Offering Many Market and Economic Clues

After one of the wilder stock market days on Thursday, stocks could not follow through on Friday after an up opening. While I wouldn’t say it is the end of the world, stocks absolutely, positively must hold above Thursday’s low. Otherwise, the bears take control yet again. This Friday is the expiration for October options. Seasonally, it is a strong period through Thursday’s close, so it will be telling if stocks stink it up. What’s interesting as the new week […]   Read More
Date: October 17, 2022

Bells May Not Be Ringing But They Are Being Polished

Geez, it only took one day before I got my wish. As you know I have been skeptical that the September 30th bottom would hold having closed on the screws of the low of the day, week, month and quarter. But that didn’t mean the market had to collapse beneath it. And I was concerned that price hadn’t reacted with a surge in volatility as it approached and/or breached the recent lows. Well folks, that all changed on Thursday. I […]   Read More
Date: October 14, 2022

Barrage of Bad News – Looking for Volatility to Spike

I can always find things that concern me in the markets just as easily as things that are sanguine. Lately, it’s bothered me that the bottom on September 30th came on the screws of the low for the day, week, month and quarter. I couldn’t find a single comparable low and that’s why I thought those price levels had to be breached before the stock market could bottom. So far, the S&P 500 and NASDAQ 100 have cooperated and cleaned […]   Read More
Date: October 12, 2022

Strong Employment Not Good For Stocks – Good News = Bad News

Today is Columbus Day, at least that’s what it says in my Outlook calendar. My kids tell me I can’t use that name anymore. Whatever today is called, the seasonal trend is mildly positive. Stocks ended last week on a sour note although they did fill the price gap left by last Tuesday’s big up opening. The employment data was softer than the prior month but it still came in stronger than expected with the unemployment rate back down to […]   Read More
Date: October 10, 2022

Buying Stampede, Bull Market or Bull Trap, Aaron Judge & Fox Business

I am excited to join the most dapper man on TV, Charles Payne, on Fox Business today 2:45pm discussing the stock market’s bottom, surge potential and what investors could be buying. Thank you to all who attended our quarterly webinar last night where we reviewed the events of Q3, discussed the performance of our 18 strategies and took a sneak peak at how Q4 looks. The recording should be available this afternoon. The stock market continues to be volatile and […]   Read More
Date: October 7, 2022

New Bull Market or Just Another Bounce?

Good thing not much has happened since I last published on Monday. And yes, I am kidding. I was off for Yom Kippur on Wednesday so that’s why I did not post. The stock market gapped up at the open on Monday and did not look back. The same thing happened on Tuesday. On Wednesday it gapped down at the open and rallied all day. Do you see the trend? Notice how different this week has been from the last […]   Read More
Date: October 6, 2022

Ready or Not, October is Here – Major Bottom Coming

Seasonal trends are like headwinds and tailwinds. They typically do not act as buy or sell signals. Nonetheless, the trends I wrote about a month ago definitely played out. The S&P 500 lost 10% in September and its reputation as a cruel month plays out again. When I penned September is a Cruel Month I did not think that September would be down 10%. That’s a huge outlier in the distribution of monthly returns. And let’s recall that the stock […]   Read More
Date: October 3, 2022

Stock Market Not Reacting To The June Lows Yet

So far, the stock market has not responded to the June lows, meaning that we didn’t see any trap door selling nor a rush of buying. The reaction has been muted. I don’t think that helps. You can see the S&P 500 below, but the rest look similar except for the Dow Industrials. Okay. I will show the Dow as well below. It broke the June lows but hasn’t been able to quickly get back above it. What all this […]   Read More
Date: September 30, 2022

Should Your IRA Include Real-Estate Investments?

If you have a self-directed IRA, you can hold a variety of different investments, such as stocks, bonds, and mutual funds. In fact, this kind of retirement plan allows investing in all types of real estate, including commercial properties and residential homes.  However, before you decide to pursue this option, let’s examine some of the pros and cons of utilizing your IRA this way.  The following topics are discussed below: What is a self-directed IRA (SIDRA)? The differences between SIDRAs […]   Read More
Date: September 29, 2022