Bulls In Charge to Begin June But Greed Is Back
Almost every day in January my wife commented how January is the longest month of the year. It’s as if time slows down. The holidays are over and sunlight is at a minimum. She hates when I don’t even bother to lift the shades in the bedroom. I felt like May was an equally long month. The weather was so crummy in CT. It was like March and November. That all changes as the markets begin June with the bulls […]
Read More
Date: June 2, 2025
The Set Up For A Pullback – Even Nvidia Can’t Help
6 weeks ago, markets would have sold off significantly had President Trump attacked the Chinese regarding violating their trade agreement with the U.S. This morning, stocks are down marginally in the pre-market. Folks can argue that the economic news with cooler inflation and a “miraculously” shrinking trade deficit are more important. And that’s been my point exactly all year. I have hammered that with each successive social media post and press conference regarding tariffs, the markets are becoming more and […]
Read More
Date: May 30, 2025
Changing Financial Advisors for High Net Worth Wealth Individuals
Are you sure that your existing financial plan is aligned with your growing wealth and long-term objectives? As your finances become more complex over time, so do your expectations of your financial adviser. You may find yourself questioning whether you still have the adviser you need. That’s why it’s worth considering why individuals in your situation tend to switch advisors—and what you need to seek in a replacement. Here at Heritage Capital, we recognize the particular challenges of holding substantial […]
Read More
Date: May 30, 2025
Social Security at Age 67? Redefining Your Retirement Timeline
Is 67 still the magic number when it comes to Social Security? The answer may surprise high-net-worth individuals. Although 67 is the full retirement age (FRA) for many, it is not always the best time to claim Social Security. As experts in retirement planning for high-net-worth individuals in Woodbridge and throughout Connecticut, we at Heritage Capital appreciate the subtleties of high-net-worth retirement planning. Before you can claim Social Security, let’s discuss things to remember and how individualized planning can be […]
Read More
Date: May 28, 2025
And Now They’re Off Again
I am rushing to hop on the train to NYC to join my friend, Charles Payne, on Fox Business between 2pm and 3pm so this may be shorter (or not). In the on again, off again tariff saga, the President reversed course on his 50% European tariff threat over the long weekend. And as you can imagine the pre-market trading is strongly higher by roughly 1.50%, wiping out Friday’s losses and then some. My readers know I have long argued […]
Read More
Date: May 27, 2025
Tariff Tantrum Part ?
Here we go again? Kinda? Sorta? Donald Trump was at it again this morning with threats of 50% tariffs on the European Union along with specifically targeting Apple. I remember telling folks after the supposed China “deal” that it wasn’t the end. It was the end of the beginning. And my opinion remains that the worst has been seen on the tariff front. Additionally, I still believe that one day this year we will wake up to bad news on […]
Read More
Date: May 23, 2025
Another U.S. Debt Downgrade – Buy Weakness
The big news of the day is actually what came on Friday right after 4pm. Credit rater Moody’s downgraded the U.S. from AAA to Aa1 in a mostly symbolic move. It is also more than 13 years after S&P began the downgrade process in August 2011. In short, while the move was long overdue and correct, it is stale and pretty much meaningless. Everyone and their dog knows our fiscal path is not sustainable. Politicians are 100% to blame, on […]
Read More
Date: May 19, 2025
NASDAQ 100 New Highs – Gold Setting Up – Semis
The bulls have completely run over the bears much quicker than I thought and to a larger degree than I thought. That’s okay. No problem here. The NASDAQ 100 below has its sights on the old highs. I didn’t think that was in the cards until later this year. But here we are. People are getting more bullish which is expected. That’s okay until it’s not, meaning that bullishness is fine as long as it doesn’t get greedy, giddy and […]
Read More
Date: May 16, 2025
What’s Been Falling As Stocks Soar Post Another 20% Plunge
I don’t have to say that it’s good to be home yet again because my trip to Florida never happened. I had scheduled client get togethers for Orlando, Melbourne and Boca on Monday with a few more on Tuesday. My flight kept getting delayed 10-15 at a time with mechanical issues. At the 90 minute mark I knew I would miss Orlando and jeopardize Melbourne. Then news came of severe weather in Florida. The choice became easy. I received a […]
Read More
Date: May 14, 2025
Tariffs Trump Tired
Greetings from being back in CT! My flight to Florida has been delayed for mechanical reasons and the airline isn’t sure when or even if it’s going to fly. Last Friday I wrote about the stock market being tired. It had rallied very far and very fast, similar to how it plunged in April although the downs are almost always sharper than the ups. I thought maybe some sideways action or a few percent lower. The news of the weekend […]
Read More
Date: May 12, 2025
