Archive for May 2019

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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