Important Retirement Ages
Your retirement benefits are a critical component that determine your quality of life in your Golden Years. You’ve got important decisions to make before and after your retirement date that directly impact your benefits from Social Security and your retirement accounts. Overlooking a few important dates lead to some of the biggest retirement planning mistakes we see made – mistakes that could have easily been avoided. So, open up your calendars and mark down the 8 key dates we highlight […]
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Date: October 6, 2020
Bulls Start the Week in Control
The new week starts with the President seemingly on the mend, but we don’t really know. With all the calls for full transparency with his health, let’s remember that the public was completely kept in the dark when Reagan was shot. No one knew until months later that he almost died on the table. I didn’t spend the time to review Kennedy’s assassination nor Ike’s heart attack. I recall when Bush fainted in Japan and that was quickly dismissed as […]
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Date: October 5, 2020
Trump Contracts Corona – Do Markets Care?
As everyone now knows, President & Mrs. Trump have the Coronavirus. Health scares from the West Wing have not been commonplace and markets typically do not like the uncertainty. We have had them with Bush and Reagan and Ike and more. Market reaction depends on the condition of the markets before the scare occurred. As you know, I have been on the negative side for some and I continue that way today. I have been very firm that I am […]
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Date: October 2, 2020
Election Year Octobers – Don’t Believe What You Hear
October begins today with its reputation of major stock market crashes. 1929, 1987, 1989, 1997 and 2008 come to mind. Truth be told, however, October is really a bear killer more than anything else with some major bottoms forming during the month. 1989, 1990, 1997, 1998, 2002 and 2011. Usually, when stocks are under pressure and declining into October, the month acts as an accelerant to a bottom. When stocks are in an uptrend, the first week of the month […]
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Date: October 1, 2020
Stocks Bounce Right on Schedule – Imagine That!
Last week on Wednesday and Friday, I changed my tune and starting looking for a rally after a full correction had taken place in the major stock market indices. I also wrote about the NASDAQ 100 retaking its leadership position. The bulls definitely reasserted themselves on Friday and Monday with back to back strong rallies. 85% of trading volume on Monday was in stocks that went up, a powerful sign of more to come over the intermediate-term. However, the 85% […]
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Date: September 29, 2020
How to Test Drive Your Retirement: Addressing Retirees’ 3 Biggest Fears
Are you a glass-half-full or glass-half-empty type of person? Whichever camp you belong to, it’s realistic to have concerns about your retirement life. The changes that retirement brings deserve serious thought, and more importantly, action. It’s even better if you can test drive your retirement to see if the plans you put forth really work for you. The team at Heritage Capital has been helping people retire with confidence for more than 30 years. In that time, we’ve identified the […]
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Date: September 28, 2020
Looking for a Bounce Now
It’s been a relatively volatile week in the markets, but nothing compared to Q1 and April. Here is what we know today as the final day of the week begins. The NASDAQ 100 which led the way down forged its lowest price on September 21. The other four major stock market indices saw their lows on September 24. That’s the first clue that something may be changing, at least in the very, very short-term which is how trends begin. I […]
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Date: September 25, 2020
Market Finds Temp Low on Schedule But More Downside Ahead
The major stock market indices found their initial low in the expected zone of Monday/Tuesday. That’s the good news. A bounce began and it is supposed to last more than just a day and a half. However, if the indices roll over now, Monday’s low will be breached very quickly and we could see some sharp downside follow through. This remains the weakest week on the calendar. Monday’s action saw the NASDAQ 100 close up on the day, but the […]
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Date: September 23, 2020
Sell Rosh Hashanah Buy Yom Kippur – Bears in Charge
There has been a trend in place for many, many decades that says to sell heading into the Jewish High Holy Days and buy coming out of them. Friday was the day to sell and next Monday’s close is the day buy. The theory says that Jewish investors would sell their material possessions during the most sacred period of their year to reflect on the year that was and atone for their sins as the period ends on Yom Kippur. […]
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Date: September 21, 2020
Market Bottom Still Ahead
This is just a quick update as the market is about to open. My thoughts remain the same and clear. The bottom is not in just yet. I remain concerned in the short-term. At a minimum I want to see the recent lows breached. If one index bucks the trend, that’s the index I will focus on for the next rally. Since mid-July I have written about the frothiness, the giddyness and the greed in the Fab Five Plus NASDAQ […]
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Date: September 18, 2020
