Looking Up!

The great debate rages on the news networks over whether the Fed will pull off a soft landing or we are heading towards a recession. It seems the talking heads all have valid points and can make a decent case for why their opinions will ultimately prove correct, but I can assure you that nobody knows the answer for sure. … Read More

Heading in the Right Direction?

The “Santa Clause Rally” is a stock market phenomenon first discovered by Yale Hirsh of the Stock Trader’s Almanac in 1972. Yale noticed the stock market often yields positive returns during the last five trading days of December and the first two trading days of the new year. Market technicians have since recognized the arrival of this “rally” often sets … Read More

A Rough Year

2022 has been a rough year thus far for both stocks and bonds. To recap, the S&P 500 started the year around 4800 and fell to the June lows of 3636, posting a -24.5% loss. From there, a rally ensued taking the index up nearly 19% to 4325 in August on Peak Inflation/Peak Fed Hawkishness “expectations” but that rally has … Read More

Optimistic?

In my last publication in late July, I wrote:   “I am beginning to see some things I like on the price charts and have begun nibbling in with our more aggressive clients the past few weeks. A number of the charts I follow are “challenging” their recent downtrend lines and look ripe for higher prices. Should this type of … Read More

Sometimes, Cash is King!

Over the past several weeks, I’ve had a plethora of people in my office with statements in their hands from other advisors. The conversation has become very familiar, and it goes something like this- “I just don’t understand what is going on… I’ve worked with xxx for the last zzz years and we’ve never gone down this bad. Why is … Read More