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4 Safeguards Protecting Brokerage Accounts

4 Safeguards Protecting Brokerage Accounts

by Michael Vodicka | Mar 11, 2023 | All Updates, S&P 500 Stocks, Weekly Update

The huge spike in interest rates in the last 12 months just claimed its latest victim. On Friday, Silicon Valley Bank (NASDAQ: SVIB), the 16th largest bank in the country and a top lender to Silicon Valley, was shut down by federal regulators after a big wave of...
S&P 500 Falls 2.6% in February

S&P 500 Falls 2.6% in February

by Michael Vodicka | Mar 1, 2023 | All Updates, S&P 500 Stocks, Weekly Update

After a strong start to the year in January stocks were a bit weak in February. For the month the S&P 500 (SPY) fell 2.6% and the tech-heavy NASDAQ (QQQ) fell 1.1%. That weakness wasn’t driven by a major shift in sentiment – it was driven by the same...
How to Deduct up to $3,000 in Stock Losses

How to Deduct up to $3,000 in Stock Losses

by Michael Vodicka | Feb 15, 2023 | All Updates, S&P 500 Stocks, Weekly Update

2022 was a challenging year for stocks. The S&P 500 (SPY) fell 20% and the tech heavy NASDAQ (QQQ) fell 34%, its worst year since the financial crisis in 2008. While its disappointing for stocks to have a down year, here’s some good news. Investors who sold...
S&P 500 Logs Best January in 4 Years

S&P 500 Logs Best January in 4 Years

by Michael Vodicka | Feb 1, 2023 | All Updates, S&P 500 Stocks, Weekly Update

After a challenging year in 2022, US stocks are off to a good start in 2023. The S&P 500 (SPY) gained 6.2% in January, its best January in four years. The tech-heavy NASDAQ 100 (QQQ) led the way, gaining 10.7% in January, its best monthly performance since July....
4 Reasons to be Optimistic on Stocks in 2023

4 Reasons to be Optimistic on Stocks in 2023

by Michael Vodicka | Jan 4, 2023 | All Updates, S&P 500 Stocks, Weekly Update

2022 is over and today I am dropping in to share a review of the year and my outlook for 2023. 2022 was a tough year for stocks and bonds. The tech-heavy NASDAQ 100 (QQQ) fell 33%. The S&P 500 (SPY) fell 19%, its worst year since 2008. The Vanguard Global Stock...
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