The stock market and economy continue to show greater strength than predicted. Back in late August of 23, John Lui our CIO wrote “As the US economy, corporate profits and inflation trends improve, the S&P 500 will continue to rise, which will force the sell siders to move to the middle of the boat (neutral) or right side of the boat (bullish) and again revising upward their S&P 500 target prices”. John’s call was very prescient as the market has risen spectacularly since early October and now the sell siders have moved to the middle and right side of the boat. In fact, this morning (April 1 – both Goldman Sachs and HSBC have raised their price targets for the S&P 500 again) (Bloomberg).

Momentum trading is the opposite of "buy low and sell high"; momentum traders "buy high and sell higher" (hopefully). I have in the past sounded the alarm when momentum stocks/momentum investing have become the primary driver of the stock market with prior writings such as "Nachos Para Machos" and I do so again.

A New year, a new financial you!! As we are still early in the new year, now would be a good time to make some financial planning resolutions.

Earnings have bottomed while inflation/interest rates have peaked: The bullish case for the stock market …

After experiencing an extended ultra-low interest rate environment from the 2008 Financial crisis through early last year, interest rates have now moved significantly higher. Here's something to consider..

Sell side strategists in the media don’t manage money like the buy siders; the sell sider’s main role is to increase trading and investment banking revenues for their respective brokerage firms and not to help you invest for retirement.

The economy continues to perform as we have predicted.

Buying High yield savings, T-bills, and CD’s will help!

"Compound interest is the 8th wonder of the world, those who understand it, earn it, those who don't.. pay it." Albert Einstein

The stock market and investors always look forward and they like what they see…

Let’s Not Lose Sight of the Big Picture. These days we are barraged daily with information, and it seems to be easier than ever to lose track of the big picture..

Wow, What a flurry of activity! Daily volatility in the markets has increased substantially in the first part of 2023. A regional banking crisis, changing inflation projections, and geopolitical stress has led to the largest daily…

My great Aunt June recently passed away at 102 years of age. She was an incredible person and lived life to the fullest. June was born in New York City, graduated from University of North Carolina (80 Years ago) and was a very well…