With the upcoming election looming, are you feeling anxious about its impact on your hard-earned investments? This concern is understandable because election cycles have historically been linked to more market volatility. In this article by Heritage Capital, we’ll discuss the connection between elections and market fluctuations and how they can trigger emotional reactions in investors. We’ll explore the benefits of active management in a volatile market, especially during times of election-related anxieties. The Impact of Election Anxiety on Investors The […]
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Monday picked up where Friday left off. Strong action in the major indices with the small caps following through from Friday’s burst higher. Even the European indices broke out to new highs. Emerging markets have not and are definitely looking tired. All four key sectors look good with the semis really trying to regain the top spot. High yield bonds, one of my favorite canaries in the coal mine, are the primary fly in the ointment as they cannot seem […]
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Friday saw much of the same stock market behavior as we have seen lately. The Dow, S&P 500 and NASDAQ 100 continue to act the best although after closing at a 10 day low with the aforementioned indices at new highs, the Russell 2000 finally got off the mat. The small cap index burst higher and it is now at least in a position to lead into January which would be fitting in well with historical norms. Over these final […]
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As was expected by just about everyone, the Fed raised interest rates by .25% on Wednesday in their final meeting of 2017. This was far from their final rate hike of the cycle which is not good for the economy over the long-term. The stock market gave up much of the gains post FOMC and there were a few little cracks seen. The Dow remains the strongest index, not a good sign, while the Russell 2000 looks like it’s trying […]
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The Federal Open Market Committee begins its final meeting of 2017 today. With the special election in Alabama and Bitcoin, does anyone really care about the Fed? For today, the stock market certainly doesn’t! With the Fed announcement that short-term interest rates are going up by .25% tomorrow at 2 pm, the market usually has a quiet day today with a slight edge to the bulls. More new closing highs in the Dow and S&P 500 but the same divergence […]
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Another month, another strong employment report. 228,000, new jobs were added in November, stronger than expected, as the impact of the hurricanes continues to weaken. The unemployment rate remain at a 17 year low while wages grew at an annualized rate of 2.5%, still frustratingly short of where the Fed and government wants it to be. Thankfully, it’s still slightly ahead of the inflation rate. Every month it seems like the bears get all hyped up into this report with […]
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2017 has been the year without volatility. Who would believe that stocks haven’t declined even 5% on a closing basis, let alone 10%. It’s crazy! And once the calendar gets to November, downside volatility becomes that much more difficult to see as potential catalysts for a decline go down significantly. Yes, of course, there is always that stray geopolitical event, like the infamous “Fiscal Cliff” in 2012 which I dubbed the equivalent of the Y2K hoax. The 2012 chart is […]
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One month to go in 2017. Lots and lots of underinvested people chasing returns now. What the heck do they do? Especially when pullbacks have been few and far between. We haven’t seen a 10% decline since February 2016. There have been no pullbacks of 5-10% at all since then. The biggest decline we have seen was in Q3/Q4 2016 and that was 4.63% in the S&P 500. Hardly what people have been waiting for to invest their cash and […]
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First, it seems like all of the talk lately and this week is about Bitcoin and the crypto sector. Do you care? Regardless,, will you take 10 seconds to answer three short questions? TAKE SURVEY With post-Thanksgiving being slightly seasonally weak, Tuesday’s action was a pleasant surprise for the bulls. Yesterday, I mentioned that while there were a number of very short-term crosscurrents, the intermediate-term remained positive. Four of the five major indices saw decisive and significant breakouts to new […]
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Stocks came back from the semi-holiday weekend in good spirits, at least for the morning. There was no follow through though as a post-Thanksgiving hangover is usually the theme for the first day or two of the new week. We still have a variety of crosscurrents over the very, very short-term, but looking out one to three months, the picture is positive. As you know, it’s very difficult to see an end of year decline, especially when the year has […]
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