***Q3 Client Update***
Many people like to read my very “brief” quarterly client update which I select excerpts. If you’re one of them, please read on. If not, feel free to stop now. Always happy to hear comments and questions. In baseball, people sometimes refer to a homerun as a roundtripper, having started at home and ending at home. This season Aaron Judge of the 27-time world champion New York Yankees hit 62 roundtrippers, the most ever in the American League and really […]
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Date: November 2, 2022
The Most Bullish 6 Months of the Four-Year Cycle
Happy Halloween! This is usually one of my favorite holidays and we planned to be in costume for a party in NYC over but I was still under the weather. And my new cowboy from the Village People costume was all ready! Today is the final day of the month and it has been a seasonally weak day. If history holds serve, Monday is down and then the next four days are up. The stock market is also starting the […]
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Date: October 31, 2022
Market Builds On The Bottom & Still No Recession
I came back Dallas very late Tuesday night and was definitely under the weather. I could feel it building and building for days.Thankfully, it’s not Covid and my doctor said I should be ready to go for Halloween. Traveling isn’t fun when you’re sick. Flying downright stinks. Flight delays from DFW to NYC were just icing on the cake. However, I did have a great trip to NAAIM’s annual Outlook conference which I chaired. I learned a lot, multiples more […]
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Date: October 28, 2022
Sole Survivor: How John’s Planning Supported Jill’s Retirement
Divorce is never easy, but it can be made easier—if you plan for it ahead of time. Believe it or not, you may still retire with confidence in Woodbridge. For example, let’s take a look at how a family working with their financial advisor got through a divorce without undue stress or hardship. We’ll also examine their situation before the split in order to see how they got through it afterward. This article discusses the following: How proactive planning can […]
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Date: October 28, 2022
Confounding The Masses
The bulls came out in force on Friday aided by what was considered to be dovish comments by some Fed members regarding future interest rates hikes. At least that’s what the media attributed the rally to. The reality is that the markets were already set up to rally, but just needed a spark to ignite the gas. Volume came in heavy, but let’s remember that it was the expiration of options where volume typically surges. As I wrote last week, […]
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Date: October 24, 2022
More Signs Of a Bottom, Yankees & Saying Goodbye
The stock market has been down 5 straight Fridays and 8 out of the last 9. That in itself tells you all you need to know about market confidence, or lack thereof. That’s also what happens during a decline that leads into the bottoming process and finally a or the bottom. Most of you know I never shy away from the camera. In fact, I don’t think I have ever met a media story I didn’t like. And it’s not […]
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Date: October 21, 2022
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 […]
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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 […]
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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 […]
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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 […]
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Date: October 12, 2022
