Earlier this week, the city and outlying suburbs of Dayton experienced some of the worst storms its seen in years. Sirens went off and ultimately, tragedy struck as a tornado touched down, killing one and injuring more than 90. Many […]
Market Commentary
When you think of “Investing,” your mind may immediately wander into topics such as the stock market, real estate, bitcoin, or marijuana stocks, but you need to make sure you can walk before you sprint!
Article Summary: The steep, -20% drop that took place in the market at the end of 2018 has been followed by an unprecedented, equally interesting recovery.Long-term trends in the market are up, but not so much to where caution should be thrown to the wind.
Please join us in congratulating Zak Leedom!
“Am I on track?” This is one of the most common questions I get from my clients. It usually comes up when we are reviewing an individual’s financial plan.
Article Summary:We’re living in the second-longest bull market in history, and it just turned 10 years old in March (the longest was 14 years old before it died: 1987 – 2000).
It’s already ¼ of the way through the year. Crazy! As always I’ve put together a recorded screencast so that those who like watching a VIDEO can follow my mouse, watch, and listen to me explain my way through this quarterly update on the state of the markets.
This week’s update on the state of the market is going to be quick and concise, as I’m writing it on Saturday morning after wrapping up the annual CMT (Chartered Market Technician) Symposium in New York City.
While momentum in stocks continues to be less impressive than I’d like it to be, our friend Super Mario was able to break through the overhead ceiling of resistance described in last week’s update on the state of the market.
Five months ago, the market took a -20% nose-dive between September 21st and December 24th. Since then, the bounce off the near-term bottom has started to chop sideways, which is completely normal behavior. If you look all the way back to July of last year, the market has gone absolutely nowhere. Today, investors want to know whether stocks are going to continue heading higher from here, or if we’ll see a resumption of the long-term downtrend that began in December.
