5 Common Concerns Investors Have Today
As COVID-19 continues to recede, investors must re-adapt to an investment environment less distorted by the economic effects of the pandemic. Add to this new environment some of the same concerns that existed pre-pandemic, and there’s a lot of fear and confusion about investing today and in the future. To help investors navigate this interesting time, I publish regular articles to the Heritage Capital blog and speak to national and local media outlets. At Heritage Capital, we also created a […]
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Date: June 8, 2021
***Q1 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 delete now. Always happy to hear comments and questions. Although the light at the end of the proverbial tunnel has been shining since late last year, it certainly got brighter in Q1 of 2021 as more and more Americans got vaccinated and the economy continued to reopen. That’s where I am going […]
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Date: June 8, 2021
May Employment Report Is Unusually Important
I usually poke fun at the media who say things like,”this is the most important Fed meeting of all-time”. That’s just a ridiculous comment. However, I will say that the May employment due out at 8:30am on Friday is an unusually important one. Recall that last month, Wall Street was expecting more than a million new jobs and the unemployment rate well below 6%. The economy only created 266,000 new jobs with a 6.1% unemployment rate. Something looked terribly wrong. […]
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Date: June 3, 2021
June is Here – Not the Greatest Month
Over the weekend I published a video that everyone should have received discussing what keeps me up at night. In other words, the single biggest threat to U.S. economic dominance. Agree or disagree, it’s worth beginning the discussion after an unfathomable $6 trillion dollar budget was proposed by the Biden Administration. For frame of reference, the U.S. government doesn’t even receive $4 trillion in total revenue, yet the administration wants to spend $6 trillion on the budget alone. And that […]
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Date: June 2, 2021
Stocks A Bit Tired But Don’t Get Fooled Too Early
The stock market has certainly transitioned to what was a powerful rally into a narrow trading range. That’s nothing new. Since mid-April the major stock market indices have basically gone nowhere. That’s not bad thing as they digest massive gains since early March. Tuesday was interesting day in the very short-term as stocks began to look a little tired. I don’t think it’s that big of a deal. I would look to become more positive on a 1-3 day mild […]
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Date: May 26, 2021
Tech Back, Market Rangebound
Greetings from 38,000 feet where my wife and I are returning from a long weekend in CA for a wedding and some work. While the weather was cooler than normal, we still had golden sunshine every day and the sun got the best of me even though I wore sunblock 50. It was good to get away, but I always look forward to going home to my kids, my pets and my bed. The markets look to be picking up […]
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Date: May 24, 2021
They Don’t Make It Easy
The NASDAQ 100 came roaring back to life on Thursday. If you follow me on Twitter you saw that I tweeted about starting to see embryonic signs of this developing in real time on Wednesday. We started wading back into tech at that point, but I do not sense this is a multi-month opportunity just yet. In the short-term I can say that stocks revisited their low points from a week ago and they are trying to build a a […]
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Date: May 21, 2021
Is This The Big One? I am Coming Elizabeth!
When I left off, I opined that the pullback could be over and new highs would be up next. The only thing that bothered me was how stocks closed last Wednesday which would have been the low. After a few days of rally, the bears came back to work on Tuesday and Wednesday morning looks to be weak, at least early on. Ideally, I would like to see last Wednesday’s low prices exceeded and then have the bulls step up. […]
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Date: May 19, 2021
What Have I Done? 5 Retirement Decisions that are Permanent
It’s unfortunate, but as a financial advisor in New Haven County, I often talk to retirees after they’ve made a mistake with their retirement plans. Even more unfortunate, certain decisions cannot be undone. While there’s usually an opportunity to make up for a bad decision, it can be expensive both in time and money. It’s my personal goal to try to reach as many pre-retirees before these mistakes are made. Proper research and the help of a qualified financial advisor […]
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Date: May 17, 2021
Pullback Over – All Time Highs Up Next
Sorry I missed the Wednesday update folks. It has been crazy busy with client updates, onboarding new clients and speeding to watch the kids’ baseball and softball after market close. Oh yeah. And the markets have been giving us so many opportunities of late. I am also about to start my travels again, so I apologize in advance for what may be an irregular publishing schedule for some time. As most of you know, however, I spend all my time […]
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Date: May 14, 2021
