When Will the Stock Market Bottom?

As I have written many times before, it is impossible to time the market, but as Winston Churchill once said, “History repeats itself.” Historically measuring the breadth of the market is one of the indicators that can give us a clue as to how close we are to a market...

What Is the State of the Economy Right Now?

We’re all acutely aware of prices at the pump. In fact, my wife showed me a recent Facebook picture of a friend who filled up his pickup truck to the tune of $172.01. We’ll talk more about how high gas prices impacts our bottom line on everything, but let’s dive into...

Goodbye 2020

2021 Economic and Stock Market Preview If you had told me back in March that the market indexes would be setting all time highs by the end of the year, I would have told you to get your head out of the clouds. As I mentioned back in March, the market correction was...

GDP Turnaround for the Ages

Market Uptrend Sustainable? The stock market’s uptrend seems to be hanging there, while the Federal Reserve has made it clear that it will continue to pump liquidity into the banking system. At least $120 billion per month, which is a $40 billion increase from...

Strange Times We Live In

April 17, 2020 So here we are in week 3—no 4, or is it 5?—of this shelter-in-place business due to COVID-19,  and so much has happened, despite the fact that many of us are unable to do anything. Last month, the markets shot down 35%, an alarming rate. The potential...

2020 – Uncharted Waters

It’s a little bit surreal. Just a few weeks ago, the stock markets were hitting all time highs, and now, in literally a matter of days, the markets have dropped to 2017 levels and may not be done yet. The volatility during each trading day has been...

Market Update March 12, 2020

A quick update on the current state of the markets and actions being taken. Right now, we are somewhat in uncharted waters. Typically, market corrections based on events are short lived and the rebound occurs rather quickly. The coronavirus and the price war in oil...