Warning: Pullback is Overdue

Overbought Market The stock market is overbought, and a pullback is long overdue. A 5-10% correction is the most likely scenario, and that isn’t something you should panic about. (Actually, there’s never a good time to panic, as that causes bad decisions.) Here...

Q & A with an RIA

What’s a Registered Investment Advisor? If you’re not aware, Registered Investment Advisors (RIA) are financial firms that manage the assets of individual or institutional investors. We are registered with either a state regulatory agency or the SEC and we have...

Patience is the Key to Long Term Investing

Trend Following Patience is the key to long term investing. You may have heard the axiom, “don’t fight the trend.”  Normally I would agree with this, but historically during the 1st quarter each year, January is the best month and March is the worst. So, if March is...

Calling the Fed’s Bluff

January Federal Reserve Meeting On Tuesday, Federal Reserve Chairman Jerome Powell said a rate cut in March was not likely. Apparently, some on Wall Street thought this was a possibility, and with Mr. Powell’s statement the stock market closed lower. The Chairman did...

Expectations for 2024

Has the Ship Sailed? As I mentioned in my last blog post, the end of 2023 was epic for investors. That type of breakout can create extreme bullish sentiment and FOMO (fear of missing out) among investors who then jump into the market only to see the indexes begin to...

2023 Year End Review

2023 Wrap Up The stock market ended the year strong. Particularly the last quarter where the S&P 500, Nasdaq, Dow Jones, and small cap stocks all participated in the Santa Claus rally. The Fed announcement about stopping rate increases and the expectation of...