The good news and the real bad news
First, the good news - The stock market scored an amazing comeback this week, initially selling off on the deteriorating Russia-Ukraine situation, then rallying on optimism that the conflict could have only a minimal impact on the U.S. economy. While the impact of...
From the Palace to the Taxi Stand – Admitting investing mistakes is the hardest part
Cathie Wood’s flagship fund - ARK Innovation ETF, is down 30% year to date. When Wood was invited on CNBC earlier this week, she took it as an opportunity to defend the fund by saying some of her investments are onto innovations seen once in a century. Unfortunately...
Future Wealth LLC Introduces Options Trading
Future Wealth LLC, in association with our custodian TD Ameritrade/Schwab, introduces Options trading to clients in their portfolios. Options trading adds to the current suite of services offered by Future Wealth LLC which includes managing investments in Brokerage,...
How January 2022 put an end to the meme stock craziness
When the Reddit crowd invaded the stock market with insensible ideas last year, it began a cycle of craziness never seen before. Stocks bordering on bankruptcy or some already in bankruptcy became the favorite of retail investors who had little prior knowledge of...
The Fed waited and waited until…
Stocks ended on a high note Friday with a furious late rally to wrap up a roller-coaster week, as the swings indicate the challenge the market now faces, which is that financial conditions are going to be tightening, and Wall Street is ramping up expectations of how...
Market drop causes concern but should you react?
Stocks capped their worst week in nearly two years with another round of intense choppy trading. Both the S&P and Dow closed out their third straight week of losses, down 5.7% and 4.6% respectively, while the Nasdaq Composite plunged 7.6% for the week, its worst...
Eat your vegetables approach to investing
Stocks ended a rough week, with money flowing out of growth stocks and into value stocks as Treasury yields surged across the board. The catalyst was the December employment report, which showed tight labor market conditions with a slowdown in hiring and strong wage...
Five New Year Resolutions for all investors
With another blockbuster year of stock market returns behind us, it is easy to delude ourselves into thinking that 2022 will be another year of double digit returns. While there is a chance, albeit small, that we could witness the unprecedented bull run continuing...
2021 in Review: Anyone object to another year of 20%+ returns?
After >15% returns in the stock market in 2019 and 2020, the pundits were on the defensive going into 2021. The year began badly - Jan 6th Capitol riots and impeachment of the President on Jan 13. February witnessed Bezos, the mastermind behind Amazon stepping...