S&P 500 Up 4.4% this Week – New Rally Here?

After a weak May, US stocks saw a very nice rebound this week. Based on the chart and some technical indicators – this looks like it could be the beginning of a rebound and new rally back to the all-time high. Let’s take a look. After five consecutive losing weeks, the S&P 500 delivered a…

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Recession in 2020? Here’s How Stocks Perform

Investors are nervous about a recession hitting in the next 12 months. If it happens, history tells us that stocks have actually done pretty well. The media is ramping up the recession fear mongering and investors are getting nervous.Today, I am going to discuss two things. #1 what is the probability of a recession in…

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S&P 500 Down 5% From All-Time High – Time to Panic?

Global stocks are nervous about US, China trade relations, with the S&P 500 down 5% from the all-time high. Despite the pullback, the trend is still higher and I see reasons to be optimistic. It was a bloody day for global stocks. The S&P 500 fell as much as 2% before a little rally into…

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Match Group Jumps 12% on Strong Q1 Earnings

There’s a lot of lonely people in the world. Need evidence? Take a look at Match Group’s (NASDAQ: MTCH) first quarter results – a stock widely held by my wealth management clients. Shares jumped 12% today after Match reported better than expected first-quarter results. Here are some more details from the Match press release. Q1…

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UBER’s $84 Billion IPO Trades on Friday – Buy or Pass?

UBER is set to begin trading on the New York Stock Exchange on Friday. This IPO Is getting a ton of attention for a couple of reasons. UBER is a super popular company and almost everyone I know uses their app. Valued at $84 billion this will be the largest IPO of the year and…

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S&P 500 up 18% in 2019 – Here’s the Plan

US and global stocks are quietly having an excellent year. The S&P 500 (SPY) is up +18%. The tech heavy NASDAQ (QQQ) is up +24%. The global stock market (VT) is up +16%. Emerging markets (EEM) are up +13%. Take a look at the gains below. Some of our favorite stocks that are widely held…

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A Simple Yet Effective Strategy to Reduce Your Tax Bill

The 2018 tax season is in full swing – and even though no one enjoys paying taxes I am about to share one of the easiest and most effective strategies to score a big tax break. I am talking about making a contribution to an IRA – an Individual Retirement Account. Not only is this…

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Boeing Falls 17% on 737 Crash and Grounding: Buy, Sell or Hold?

Boeing (NYSE: BA) shares were under pressure last week after one of its new planes crashed in Ethiopia. This is one of the most widely held stocks for my clients so I am dropping in to share an update on what is happening and my outlook for shares. Shares of Boeing were down as much…

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S&P Logs Worst Week of 2019 – Time to Panic?

US Stocks had a tough week – their worst of the year – with the S&P 500 closing in the red every day of week. For the week, the S&P 500 fell 2.2%. The tech heavy NASDAQ fell 2.5%. You can see the S&P 500 ‘turning over’ in this chart below. What is driving this…

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