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Thursday, February 8, 2024

There is an old Wall Street axiom called the January Trifecta.  It goes like this: The “Santa Claus” rally – were there gains in stocks from Christmas eve until the 2nd trading day of the new year? The...

Friday, January 5, 2024

We hope your holidays and New Year were wonderful.   2023 was a very positive year in the financial markets.  The impact of high inflation and rising interest rates did not slow the economy or push us into the recession many...

Tuesday, December 5, 2023

November was a strong month in the financial markets.  Stocks rallied nicely from the October low as inflation indicators continued to show declines.  This decline in inflation took pressure off interest rates, which declined...

Wednesday, November 8, 2023

I’m keeping this month report short and sweet. October is behind us – thankfully – as it was not a good month in the financial markets.  However, the markets had a nice rally coming out of October and into early...

Friday, October 6, 2023

Well September was weak in the financial markets,  as I expected it to be.  Interest rates continue to creep higher, increasing the headwinds for stocks and simultaneously lowering bond prices. October has historically been a...

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Wednesday, September 6, 2023

August was a down month overall for stocks, but after falling almost 5% in the early part of the month, stocks rallied into month end and finished down only 1.6% (S&P 500).  Bonds also saw declines during August as interest rates...

Friday, August 25, 2023

Freezing your credit is an important element of identity protection: if your credit is frozen, new accounts can’t be opened in your name. This is an important tool at your disposal; should a bad actor try to open a line of credit...

Tuesday, August 8, 2023

The end of August will see a rare meteorological event: a blue supermoon. Supermoons occur when the moon is full during its closest point in its rotation around Earth. Its closer proximity to us makes it pop during its travel across...

Wednesday, August 2, 2023

The Supreme Court struck down Biden’s student loan forgiveness program, but relief may be on the horizon for qualified borrowers: Biden has launched an income-driven repayment plan that borrowers can begin submitting applications...

Wednesday, August 2, 2023

July saw a continuation of the solid uptrend we have seen in the stock market since March.  Inflation continues to cool, albeit still too high.  Interest rates have stabilized around 4% on 10 year US Treasury.  The...

Wednesday, July 12, 2023

Hi folks,I hope all is well by you.  This month’s outlook is later than usual because I took a breather (a few days off around July 4th).  Interestingly, the financial markets did the same.June was a positive month for...

Monday, June 5, 2023

Well it looks like we will avert a debit limit crisis and potential default on US government debt.  That is a huge relief.May was a flat month in the financial markets with stocks gaining 0.25% while interest rates rose 0.08%...

Monday, June 5, 2023

With Memorial Day behind us, summer is now in full swing. It’s a perfect time to check your credit report.The Fair Credit Reporting Act (FCRA) requires each of the nationwide credit reporting companies —...

Thursday, May 4, 2023

April was a volatile month, starting strong with a run towards 4,200 on the S&P 500 but then pulling back to end virtually right where it started.  This was disappointing because (1) April is usually a strong month seasonally and...

Monday, April 3, 2023

March was a crazy month, here the potential for another banking crisis came out of nowhere, and created tremendous volatility in the markets.Three banks failed and were taken over by the Federal Deposit Insurance Corporation (FDIC)...

Wednesday, March 29, 2023

With all the uncertainty in the economy and the volatility in the financial markets I arranged for a presentation by a couple of experts from Fidelity Investments. Please join Directional Wealth Management for a 2023 2nd quarter...

Tuesday, March 14, 2023

Folks,I’m sure you have seen/read/heard about the recent events in the banking sector.  Over the last several days, a number of banks have collapsed and been taken over by the FDIC (Federal Deposit Insurance Corporation)...

Thursday, March 2, 2023

I titled this month’s report the same as last month’s – Trend Change?I’m doing that because while we saw a break of the downtrend from 2022 in January 2023, we are now testing whether that change is sustainable...

Friday, February 3, 2023

January 2023 was a very strong month in financial markets.  Interest rates came down, which fueled a nice bounce in stock values.  Most importantly, the stock market, as measured by the S&P 500, finally broke the downtrend it...

Monday, January 23, 2023

Folks,I hope all is well.I’m sure many of you have seen the headlines “US officially hits debt ceiling”. I want to share a little perspective with you.Yes the country has hit its current debt ceiling.  This...

Friday, January 20, 2023

Happy winter! With the holidays in the rearview mirror, we’re all working on our resolutions and waiting patiently for spring. Whatever you’re doing to beat the winter blues, we recommend you check your credit report too...

Friday, January 6, 2023

Wow, what a year!  2022 was a rough year for the markets.  The S&P 500 was down 19.4%, the worst yearly decline since 2008.  The tech-heavy Nasdaq was down 33%, the worst decline since the dot-com bubble way back in 2001...

Monday, December 5, 2022

The Department of Education has extended the student loan repayment pause which was set to expire at the end of 2022. There will be 3 possible scenarios on which repayments will begin; 60 days after debt cancellation, 60 days after the...

Thursday, December 1, 2022

November was a positive month in the financial markets, with both stocks and bonds gaining in value as interest rates declined.  On the final day of the month, stocks (basis S&P 500) finally eclipsed it’s downtrend line...

Friday, November 4, 2022

Halloween just passed and I saw holiday decorations already going up. It also ‘Tis the season’ for the best returns in financial markets.  As the chart below shows, November and December have a history of positive...

Monday, October 24, 2022

Folks,Another piece of good news from the federal government this week.The new income tax brackets and standard deductions have come out and they have increased to account for inflation.  The higher standard deduction will help to...

Tuesday, October 18, 2022

Folks,In the midst of all the negative news about the economy and the market, we got a bit of good news on October 13th.The Social Security Administration announced that the cost-of-living adjustment for 2023 will be 8.7%, the...

Tuesday, October 4, 2022

In my September 2022 Monthly Outlook, I included this chart and highlighted my concern that we might retest the June low in stocks (3,636 on S&P 500). Well it turned out I was right as stocks fell hard and ended September at 3,585 on...

Friday, September 2, 2022

In my August Monthly Outlook I stated that I was skeptical of the strong rally we saw in the stock market during July.  That rally continued almost unabated during August.  Right up until 8/15 when stocks hit their 200 day...

Monday, August 1, 2022

The end of July finished quite strong with a great deal of optimism.  Optimism in the Fed’s ability to handle inflation, optimism in the long-term picture for technology stocks, and optimism in the equity markets to rally in...

Wednesday, July 6, 2022

“Been dazed and confused for so long, it’s not true...Lotsa people talkin’, few of them know...Don’t know where you’re going, only know just where you’ve been…” - Dazed and Confused, Led...

Tuesday, June 7, 2022

Folks,I hope everyone is well and gearing up for some summer fun.  My oldest granddaughter, Isys, will be visiting for a few weeks this summer and interning in my office.Our transition to Kestra is proceeding apace, and most of...

Monday, May 2, 2022

Monday, April 4, 2022

Tuesday, March 8, 2022

Tuesday, March 1, 2022

Thursday, February 24, 2022

Tuesday, February 1, 2022