Let me start by apologizing for the irregular market commentary since October. Our marketing team (Georgia) had her second baby on September 27. He decided to come a little early and she has been out on maternity leave working on growing him up since then. He is doing great and she will be back full… Read the full article.
We are back after a one-month hiatus following the birth of Mason Benjamin Searcy, the beautiful baby boy of Georgia Searcy, our CMO and head of all things communication. By the way… he is also my grandson. Did I mention he was beautiful? So, what’s been going on in the markets? We have seen interest… Read the full article.
Stocks spent last week bouncing from oversold conditions that resulted from the pullback that began in August. The market-leading Nasdaq and cap-weighted S&P 500 found support just above their 200-day moving averages and, importantly, for the S&P 500 just above the important 420 level (SPY). I have included a six-month chart below for reference. The… Read the full article.
We have discussed several times in our commentaries over the past month that technical market conditions were improving, and the chances of a sustained rally appeared possible, if not likely. During the past two weeks we have seen buyers step up each time the market has begun to sell off. This is a marked change from… Read the full article.
Yesterday, the Federal Reserve concluded its July meeting and announced another 75 basis point hike to the overnight federal funds rate. This was the consensus expectation and markets responded positively to the initial news. Chairman Powell gave a usual press conference afterward and provided what I believe to be the biggest impetus to move this market… Read the full article.
Yesterday, the Federal Reserve released the minutes from its June meeting, which concluded with the members raising the Fed Funds Rate 75 basis points. This was the largest increase at a meeting since 1994. Investors want to know more details about the Fed’s thinking as we approach the July meeting in a couple of weeks…. Read the full article.
Last week we provided what I believe is some very important information on the basics of risk management and how to view investing from the perspective of managing through corrections and real deal bear markets. We provided an article written by a non-affiliated ETF manager, which I feel does a good job of simplifying what… Read the full article.
I’d like to start by apologizing for our lack of commentary last week – especially considering the current market environment. Our team hosted our regular advisor webinar on Monday and traveled to a conference in Las Vegas in the later part of the week with several of our advisor partners to discuss the market and… Read the full article.
I hope everyone had a great holiday weekend and is enjoying the short week. I love the 4th of July for several reasons, but at the top of my list is that I always get to be with all my kids at once – under one roof and on one boat! I say this all… Read the full article.
U.S. and international equity markets continue to move higher, albeit more slowly. Despite a slow rotation into cyclicals, which has been occurring over the past several months, technology continues to move forward. This could be evidence that investors aren’t completely convinced we are on the brink of reopening our society, or that investors truly believe… Read the full article.