News and Updates

S&P 500 Down 6% on Overdue Pullback
Despite this recent pullback, I remain optimistic on stocks for the year. In fact, I see a high probability of more gains. Here’s why.

I’m Seeing a Bullish Signal on Gold
I think gold is moving back into a bullish cycle. Here’s my take.

S&P 500 Gains 10% in Q1 – Here’s the Plan
The S&P 500 is off to a good start in 2024. I see a high probability of more gains in the next nine months. I view weakness in stocks as a chance to deploy more capital.

Here’s My Call On U.S. Energy Stocks
US was the #1 producer of oil in the world in 2023 with an average of almost 13 million barrels per day. This is the reason i expect energy stocks to under perform the S&P 500 in the next year or two

Reddit IPO – Here’s My Take
I will proceed with caution because Wall Street has a bad habit of over pricing IPOs in the last few years.

S&P 500 Strong in Presidential Re Election Years?
Since 1952 the S&P500 has never been down in a presidential re election year with an average gain of 12.2%, according to a study from LPL Financial.

S&P 500 Gains 5% in February
The S&P 500 logged its fifth winning month in a row, gaining 5% in February on solid Q4 earnings and expectations for lower interest rates.

S&P 500 up 3% in February
The S&P 500 is building on its upward momentum from January, gaining 3% in the first two weeks of February on solid fourth-quarter earnings and optimism on inflation.

S&P 500 Up 1.6% in January
January was a bit bumpy for the S&P 500, but the leading index battled through some short-term volatility and finished the first month of 2024 with a 1.6% gain.

S&P 500 Turns Positive in 2024
After a bumpy first few weeks of January, the bulls finally took over this week, sending the S&P 500 into a new all-time high and into the green for the year.