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 […]
Read More
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 […]
Read More
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 […]
Read More
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. […]
Read More
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 […]
Read More
Date: September 18, 2020
Fed Day – Will Bears Join the Party?
Today is yet another conclusion of the Fed’s two-day meeting where nothing major is being anticipated. Sure, it’s the first meeting since Jackson Hole where Powell offered a change to the Fed’s 2% ceiling on inflation, but I only expect additional details that do not move the markets nor the economy. The Fed has done a lot, extraordinary measures. And they created the longest runway in history before rates will be hiked again. But remember, meteorologists have better track records […]
Read More
Date: September 16, 2020
Bulls Come Back Hungry While A Popular Analog Fails
I received a number of emails and calls that my tone has become negative, too negative by some estimations. That’s fine. I am usually accused of being too positive or permanently bullish. I just call them like I see them and try not to stay wrong for too long. While the bears won last week’s battle, the bulls look like they want to bounce back hard as the new week begins. Certainly, the bulls are due for at least a […]
Read More
Date: September 14, 2020
How to Retire Without Your Spouse: Investment Strategies for the Divorced or Widowed
Divorce has become increasingly common in the United States over the past few decades, and roughly 25 percent of people 65 or older are widowed. Despite this, however, approximately two-thirds of married couples don’t have a financial plan set up in the case of divorce or widowhood. What happens if you do become divorced or widowed either when retirement is imminent or once you’re retired? Are there investment strategies that can help in either scenario? In our more than 30 […]
Read More
Date: September 14, 2020
Remembering 9-11 – NEVER FORGET
September 11th seems to sneak up on me each year. This year was worse as the country is still dealing with the Corona pandemic and the overall heightened state of affairs. With kids going back to school, Labor Day and the start of the NFL season, it feels like I wake up and realize 9-11 is either the next day or very close by. I wasn’t around when Pearl Harbor was bombed but I know everyone from that generation remembers […]
Read More
Date: September 11, 2020
Bottom Still Ahead of Us
Wednesday definitely saw the anticipated snapback I mentioned the other day, however, the bulls limped into the close. I did not want to see that. Stocks remain in a fragile state and that is unlikely to end here. I still believe the major indices will see lower prices than they saw so far this week. In other words, the bottom should not be in just yet. When do I think stocks WILL find the low? I wish I had strong […]
Read More
Date: September 10, 2020
