Money Wise: Recent Episodes
Davidson Capital Management, Inc.
Jeff and Kyle Davidson are joined weekly by Joe Rust as they discuss current investment trends, the truth behind prudent investing strategies, and how you can build wealth for the long term with a solid plan in place.
In this week's episode of Money Wise, Jeff reports mixed performances among the major stock indices. The Dow Jones Industrial Average experienced a significant drop of 934 points, or 2.3%, while the NASDAQ gained 235 points, or 1.4%, and the S&P 500 remained nearly flat. Despite these fluctuations, year-to-date figures show the Dow up by 3.7%, with the NASDAQ and S&P 500 achieving increases of 12.7% and 11.2%, respectively. The conversation delves into factors impacting the market, particularly focusing on major companies like Boeing and McDonald's, which contributed to the Dow's downturn due to specific operational and profit challenges. Additionally, despite excellent earnings from Nvidia that boosted the NASDAQ, the broader market exhibits signs of consolidation and uncertainty, reflected in trading volumes below the average and a general lack of conviction among investors.
Discussion also touched on the Federal Reserve's recent sentiments from meeting minutes, suggesting a cautious approach to interest rate cuts due to insufficient evidence of sustained inflation deceleration. This "higher for longer" interest rate scenario is causing investors to remain on the sidelines, content with safer returns from money market funds despite notable gains in sectors like technology. Looking ahead, the Money Wise guys emphasized the importance of upcoming economic reports, particularly the Personal Consumption Expenditures (PCE) index, and speculated on the potential for a strong year-end market performance if May closes with significant gains, citing historical trends that suggest a high probability of continued upward movement.
Fluctuations in the MarketMarket fluctuations are a common feature of the investing landscape, driven by myriad factors ranging from economic data and corporate earnings to geopolitical events and market sentiment. As an investor, It's important to remember that such volatility is part and parcel of the investment process and adopting a long-term perspective is key to navigating these ups and downs effectively. Reacting emotionally to short-term market movements can lead to rash decisions, potentially derailing well-thought-out investment strategies. Instead, try maintaining a focus on your long-term financial goals, adhering to a diversified investment plan, and adjusting your portfolios in alignment with systematic, thoughtful analysis rather than momentary fears or euphoria, as this usually yields better results. This approach helps both in weathering periodic market turbulence and capitalizing on the opportunities that volatility can offer.
In the second hour today, the Money Wise guys discuss the 10 Myths of Retirement Planning. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
In this week's episode, the Money Wise guys provide a positive update on the recent performance of major stock indices, with the Dow Jones Industrial Average up by 491 points or 1.2%, the S&P 500 increasing by 81 points or 1.5%, and the NASDAQ rising by 345 points or 2.1%. Year-to-date figures show substantial gains, with both the S&P 500 and NASDAQ up by 11.2%. They also delve into recent economic reports that have influenced market sentiment, particularly the Consumer Price Index (CPI) and Producer Price Index (PPI). The CPI for the month was reported to increase by 0.3%, which was below the expected 0.4%, signaling a slight cooling of inflation, a positive signal for the markets. This was further supported by a downward revision in the previous month's PPI, which also had a calming effect on the market's inflation concerns. These developments contributed to all three major indices reaching all-time highs during the week, with the Dow closing above 40,000 for the first time on Friday. Looking ahead, the Money Wise guys discuss the potential impact of upcoming earnings from major tech companies like Nvidia, emphasizing the importance of their financial results in sustaining market momentum. They noted that continued positive earnings, particularly from leading tech firms, could further bolster investor confidence and drive market performance as the year progresses.
The Cooling of InflationThe cooling of inflation, as indicated by recent lower-than-expected Consumer Price Index (CPI) figures, is generally positive for the markets for several reasons. Firstly, it alleviates concerns about the rising cost of living and the potential for eroded consumer purchasing power, which can stifle economic growth. Lower inflation also reduces the pressure on the Federal Reserve to hike interest rates, which is favorable for investment prices as higher interest rates typically lead to lower stock valuations. Furthermore, with less inflationary pressure, businesses face lower input costs, potentially leading to improved profit margins. Overall, a cooling of inflation fosters a more stable financial environment, encouraging investment and contributing to the overall health of the stock market.
In the second hour today, the Money Wise guys share their ‘Are You Ready for Retirement’ quiz. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
The Money Wise guys kick off the newest episode with an update on the recent performance of major stock indices. The Dow Jones Industrial Average saw an increase of 436 points or 1.1%, the S&P 500 was up by 28 points or 0.5%, and the NASDAQ experienced a rise of 228 points or 1.4%. Year-to-date figures show the Dow up by 2.6%, the S&P 500 by 7.5%, and the NASDAQ by 7.6%. A significant portion of the early discussion focuses on Apple, highlighting its announcement of what might be the largest stock buyback in the history of capitalism, totaling over $100 billion. This move significantly influenced the market, particularly on Friday, helping to mitigate the negative impact of potentially disappointing upcoming earnings. The Money Wise guys speculate that the timing of the announcement could be strategic, possibly to counterbalance expected underwhelming news from the upcoming Apple event on May 7th, which is anticipated to focus on AI and new products. They also discuss the latest U.S. employment numbers, which came in softer than expected, contributing to the market’s positive response as often "bad news is good news" for market dynamics, along with other topics.
The Future of AppleThis week’s episode touches on Apple's ongoing shift in focus towards establishing a stronger presence in India, where there is significant potential due to the growing middle and upper-middle classes. The Money Wise guys point out that Apple is not only expanding manufacturing facilities in India to diversify its production beyond China but also tailoring products like iPhones to fit India's current telecommunications infrastructure, which primarily supports 4G. By offering more affordable technology suitable for the local market, Apple aims to tap into a vast customer base in a country with over a billion people, marking a critical step in its global strategy. This move is seen as a major future growth driver for Apple, leveraging India's burgeoning tech adoption rates.
In the second hour today, the Money Wise guys discuss RIA vs. Broker. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
In this week's episode of Money Wise, the Money Wise Guys discuss the recent performance of major stock indices, noting a mixed week with the Dow Jones Industrial Average remaining flat, while the S&P 500 and NASDAQ experienced significant corrections, dropping by 3% and 5.5% respectively. Year-to-date, the indices show modest gains, but the NASDAQ is notably close to zero growth for the year. The conversation highlights the sharp downturns, particularly in the NASDAQ, which had its worst week in a long time. Jeff speculates whether the Dow has completed its correction or if more downturns lie ahead, noting that the market's focus is primarily on the NASDAQ and S&P 500 due to their broader tech and AI-focused companies. The discussion also covers rising interest rates with the 10-year Treasury yield hitting 4.623%, sparking market nervousness. The Money Wise guys reflect on the Federal Reserve's current stance, indicating no imminent rate cuts due to ongoing inflation concerns, which appears to have not yet been fully controlled. Additionally, the housing market is spotlighted for showing significant stress, with housing starts and existing home sales both declining.
The episode also touches on rising living costs under the current administration, potentially influencing voter sentiment in the upcoming November elections. They also take time to disucss the broader market sentiment, with some analysts initially expecting several rate cuts this year, and how the market is now adjusting to a "higher for longer" interest rate scenario, aligning with fewer expected rate reductions.
A Stressed Housing MarketThe housing market is currently facing significant stress, evidenced by declining trends in both housing starts and home sales. In March, housing starts plummeted by 14.7%, indicating a substantial slowdown in new residential construction, which can be a key driver of economic activity and consumer confidence. Concurrently, existing home sales also fell by 3.7%, reflecting a reticence among buyers, possibly due to high mortgage rates, elevated home prices, and economic uncertainty. These downturns in critical housing market indicators suggest a broader cooling off in the real estate sector, which could have ripple effects across the economy. As the housing market is often a bellwether for economic health, these declines are particularly concerning, signaling potential challenges ahead for both the real estate market and the broader financial landscape.
In the second hour today, the Money Wise guys discuss Investor Psychology. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
In this week's episode, the Money Wise guys discuss the recent downturns in major stock market indices, with the Dow Jones Industrial Average, S&P 500, and NASDAQ all experiencing declines. Despite these drops, the year-to-date figures remain slightly positive. The conversation then shifts to a technical analysis of the markets, noting that the S&P 500 was close to dropping below its fifty-day moving average but managed a slight recovery by the close of trading on Friday. The guys emphasize that trading volumes have been lower than average, suggesting a lack of strong buying or selling conviction, which they attribute to traders being in a holding pattern awaiting more data. A significant portion of the discussion focuses on the latest Consumer Price Index (CPI) numbers released on Wednesday, which showed inflation hotter than expected. This has stirred discussions among financial pundits about the possibility of further interest rate hikes rather than cuts. This shift in narrative reflects a cautious sentiment among portfolio managers about adjusting asset allocations in response to evolving economic indicators. The episode also touches on political influences on economic policies and market reactions, particularly criticisms of the Biden administration's handling of various issues, including energy policies and their impact on inflation. The Money Wise guys criticize the administration's decisions and speculate on the potential political motivations behind economic statements and policies, especially as they relate to interest rate decisions in an election year. They conclude with concerns about the Federal Reserve using outdated data to make policy decisions, which could impact the accuracy of their economic forecasting.
The Consumer Price Index (CPI)The Consumer Price Index (CPI) is a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care. It is calculated by taking price changes for each item in the predetermined basket of goods and averaging them. Changes in the CPI are used to assess price changes associated with the cost of living. For investors, a CPI that is hotter than expected indicates higher inflation, which can erode purchasing power and reduce the real returns on investments. This can lead to higher interest rates as central banks may raise rates to curb inflation. Higher interest rates typically result in higher borrowing costs and can dampen economic growth, influencing stock markets negatively as companies face higher costs of financing and consumers reduce spending.
In the second hour today, the Money Wise guys discuss 5 Things Every Retirement Portfolio Should Have. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
As they kick off every Money Wise program, the show starts with a discussion of recent market performances, noting a downturn in the major indices over the past week, with the Dow Jones Industrial Average down by 2.3%, the S&P 500 by 1%, and the NASDAQ by 0.8%. Despite this, all year-to-date figures remain positive. A significant focus of the episode is on the impact of Federal Reserve officials' statements on market movements. Specifically, they discuss a comment made by Fed Governor Neel Kashkari, suggesting that interest rates might not need to be cut at all this year, which led to a sharp market decline. This incident highlights the broader theme that words from Federal Reserve officials have significant consequences for the markets. The Money Wise guys express surprise that the market has adjusted to lower expectations of rate cuts without a significant negative reaction, indicating a resilient market. However, they caution about the volatility and sensitivity of the market to Fed officials' remarks. They also preview upcoming economic data releases, such as consumer and producer prices, which could influence market expectations and Fed policy regarding interest rates.
Consequences for the MarketsSeveral factors beyond Federal Reserve comments can significantly impact the financial markets, either positively or negatively. Economic indicators such as employment rates, GDP growth, and inflation figures play a crucial role in shaping investor sentiment and market dynamics. Corporate earnings reports and forecasts can also influence market movements, as they provide insight into a company's financial health and future prospects. Geopolitical events, such as elections, trade negotiations, or conflicts, can introduce uncertainty, affecting global markets. Additionally, technological advancements and regulatory changes within key industries can lead to shifts in investment trends and market valuations. Lastly, global economic conditions, including the economic performance of major economies like China and the European Union, can have far-reaching effects on international markets, influencing commodity prices, currency exchange rates, and global trade flows. Together, these factors create a complex web of influences that can drive market volatility and trends.
In the second hour today, the Money Wise guys share their Retiree Spending Rules. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
In this week’s episode of Money Wise, the Money Wise guys discuss the financial market's performance, highlighting weekly, monthly, and year-to-date figures. For the past week, the Dow Jones Industrial Average saw an increase of 0.8%, the S&P 500 grew by 0.4%, whereas the NASDAQ fell by 0.3%. Reflecting on March's performance, the Dow Jones experienced a 2.1% increase, the S&P 500 rose by 3.1%, and the NASDAQ was up by 1.8%. Year-to-date figures reveal the Dow up by 5.6%, the S&P 500 by 10.2%, and the NASDAQ by 9.1%, marking the best start in five years and the best first quarter for the S&P since 2019. The Money Wise guys also touch upon the anticipation around the Personal Consumption Expenditures (PCE) index release, contrasting economic indicators such as PMI numbers indicating contraction and high consumer sentiment reflecting confidence. Additionally, positive economic news included an 8% increase in new home sales, a 1.4% rise in durable goods orders, and an upward revision of Q4 2023 GDP to 3.4%. The discussion includes a conversation surrounding their thoughts on if an imminent recession is going to happen, with analysts speculating about interest rate cuts, suggesting a range of zero to three cuts for the year, amidst adjusting market expectations.
The Personal Consumption Expenditures IndexThe Personal Consumption Expenditures (PCE) index is a measure of the average increase in prices for all domestic personal consumption. It tracks the price changes in consumer goods and services, including healthcare, education, and food, among others. As the Federal Reserve's preferred gauge of inflation, the PCE index provides a broad overview of the inflationary pressures within the economy, helping the Fed in making informed decisions regarding monetary policy. Unlike the Consumer Price Index (CPI), the PCE index accounts for changes in consumer behavior and preferences, such as switching to alternative goods in response to price changes, making it a more comprehensive measure of inflation. This index is crucial because it influences the Federal Reserve's decisions on interest rates, which in turn affect economic growth, employment rates, and the overall financial well-being of individuals and businesses. Its significance lies in its role as an economic indicator that helps policymakers, economists, and investors understand the health of the economy and the potential for inflation or deflation.
In the second hour today, the Money Wise guys discuss Equity Index Annuities. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Jeff and Kyle are back in the studio and kick off this week’s episode of Money Wise by taking some time to get into the numbers of the markets this week before discussing how these current trends can influence your future retirement plans. This past week the Dow was up 2%, the S&P 500 was up 2.3%, and the NASDAQ was up 2.9%. For the YTD, the Dow was up 4.7%, the S&P 500 was up 9.7%, and the NASDAQ was up 9.4%. The Money Wise guys discuss the remarkable performance of the stock market, noting that indices like the NASDAQ and the Dow have hit all-time highs, signifying a prosperous period for investors, particularly those with a significant portion of their assets in stocks. They highlight their successful stock picks, which have outperformed the S&P year-to-date, and note the satisfactory performance of the fixed-income segment of portfolios despite rising interest rates throughout the year. The discussion also covers market momentum as the first quarter of 2024 nears its end, with Good Friday market closures ahead. The conversation shifts to portfolio strategy debates, market resilience in the face of potential downturn catalysts, and reactions to Federal Reserve policies. Specifically, they debunk the earlier market consensus of numerous interest rate cuts in 2024, with the Fed signaling a more dovish stance than expected, indicating that rate cuts could occur even before inflation targets are met. This nuanced Federal Reserve outlook, coupled with a dismissal of immediate rate hikes, points to a cautiously optimistic market sentiment.
Federal Reserve ForecastsThe Money Wise guys reveal that the Federal Reserve's unexpected dovish stance signals potential interest rate cuts before meeting inflation targets, has buoyed the stock market. This shift suggests a prioritization of economic growth over strict inflation control, lowering borrowing costs for companies and making equities more attractive compared to fixed-income securities. Such policies are designed to stimulate investment and consumer spending, thereby supporting corporate profits, and increasing investors' risk appetite. The market's positive reaction reflects confidence in continued economic expansion and higher stock valuations, underscoring the Fed's commitment to sustaining the recovery even if it means tolerating higher inflation levels in the short term.
In the second hour today, the Money Wise guys share the Best Investment Advice Ever. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
It’s another information-packed episode with the Money Wise guys and they begin with a rapid-fire market recap for last week. The Dow was down 365 points, the S&P 500 was down 13.5 points, and the NASDAQ was down 1.2%. YTD the Dow is up 2.7%, the S&P 500 is up 7.4%, and the NASDAQ is up 7.2%. Although we’re seeing drops across the board, each market reached an all-time high throughout the week but Fridays seem to be hitting us especially hard this month. The Money Wise guys discuss their thoughts on why we’re seeing so much fluctuation in the markets as well as other headlines. They also discuss the interest rate cuts we’re expecting to see this summer and how they think those cuts will be rolled out. The Money Wise guys seem to caution listeners on believing the rumors, doubting that they’ll give cuts too early before the presidential election. The guys also discuss the latest employment report and how they think those results may play into the Fed’s decision.
Will the Federal Reserve Announce Interest Rate Cuts This Year?If the Federal Reserve were to announce interest rate cuts this year, it would likely be in response to signs of economic slowing, to stimulate economic growth. By lowering interest rates, borrowing costs decrease, encouraging both consumers and businesses to spend and invest more. The goal is that this will lead to increased economic activity, potentially boosting job creation and consumer spending. For the investment landscape, interest rate cuts can have mixed effects. On one hand, lower rates tend to make bonds less attractive relative to stocks, potentially driving up stock prices as investors search for higher returns. On the other hand, if the rate cuts are seen as a response to significant economic downturn risks, it could lead to increased market volatility. Overall, while interest rate cuts can provide short-term economic stimulation and potentially buoy the stock market, they also reflect concerns about underlying economic health and can lead to increased inflationary pressures over the longer term.
In the second hour today, the Money Wise guys share the 10 Myths of Retirement Planning. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Balancing Risk and Reward, The 5% Rule of Investment & The ‘Are You Ready for Retirement’ QuizThe Money Wise Guys are back and as always, they kick off with a deep dive into the latest trends in the stock market, as well as their take on current headlines and the 5% Rule of Investment that they urge listeners to follow. Their discussion begins with an overview of recent fluctuations, focusing on significant movements in major indices such as the S&P 500 and Dow Jones Industrial Average. The Dow saw a slight decrease, the S&P 500 was up slightly and the NASDAQ was up 1.7%. YTD the Dow is up 3.7%, the S&P 500 is up 7.7%, and the NASDAQ is up 8.4%. What’s more exciting is that the S7P 500 and the NASDAQ closed on Friday with new all-time highs. The guys highlight how these changes reflect broader economic indicators, touching upon factors like consumer confidence and inflation rates. They also discuss the impact of international events on the stock market, emphasizing the role of geopolitical tensions and trade agreements in shaping market sentiment.
The 5% Rule of InvestmentThe Money Wise guys share their 5% rule of investment which generally advises that investors should limit their exposure to high-risk investments, such as digital assets or speculative stocks, to no more than 5% of their total investment portfolio. This rule is designed to help investors manage risk by ensuring that the bulk of their investments are in more stable and traditional assets, which can provide a safer return over time. When it comes to digital assets, like cryptocurrencies, the guys advise that you proceed with caution due to their volatile nature, potential regulatory changes, and the risks associated with emerging technologies. They encourage you to do thorough research, understand the risks involved, and consider your own financial situation and risk tolerance before investing in digital assets.****
In the second hour today, the Money Wise guys share their “Are You Ready for Retirement” quiz. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Fed-Speak, PCE Price Index Data & Annualized ReturnsThe Money Wise guys are back in the studio and this week’s topics include the PCE Price Index, confusing Fed-speak and so much more. The guys kick things off with a look at last week’s numbers from Wall Street. The Dow was up 1.3%, the S&P 500 was up 1.7%, and the NASDAQ was up 1.4%. YTD the Dow is up 3.8%, the S&P is up 6.7%, and the NASDAQ is up 6.6. Well, it was quite a week! The guys discuss the S&P’s annualized return - which is surprising yet highly unlikely to remain up this much. The guys ponder how much of the Q1 performance we’re seeing now is going to slow down as the year goes on, and they share confusion about this week’s contradictory Fed-speak regarding interest rate cuts. What will the timeline really look like? Well, the Money Wise guys think we have many more months before we see cuts. They also discuss expected Personal Consumption Expenditures numbers, also known as the PCE Price Index, which we’ll see next week, and which could push rate cuts back by as much as a quarter.
Understanding the PCE Price IndexThe PCE Price Index, which is the common abbreviation for the Personal Consumption Expenditures Price Index, is expected next week. Why does the PCE Price Index matter? Well, this number is released each month as part of the Personal Income & Outlays report. The PCE Price Index is a measure of the prices that people living in the United States are paying for goods and services, meaning it relates to inflation. To learn more about the PCE Price Index and how it differs from the Consumer Price Index, check out this explanation from the Bureau of Labor Statistics.
In the second hour today, the Money Wise guys discuss the RIA vs. Broker differences you need to know. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Data Breakdown, Shallow Recession Talk & Investor Psychology
Money Wise is back with another informative episode covering Fed-Speak, the possibility of a shallow recession, and more! Last week, the Dow was down 0.1%, the S&P 500 was down 0.4%, and the NASDAQ was down 1.3%. YTD the year is still looking positive, with the Dow up 2.5%, the S&P 500 up 4.9%, and the NASDAQ up 5.1%. Lots of data came out last week, including Consumer Price Index and Producer Price Index numbers, and this is what drove the market. The hotter than expected Consumer numbers led to the worst day in almost a year for the Dow. The market made somewhat of a recovery in the days following, but we did have the first negative week in quite awhile. Still, it wasn’t a dastardly bad week, and we ended down just slightly. The Fed-speak was resoundingly saying ‘no interest rate cuts anytime soon’ so that narrative may be dead. We may see cuts in late Spring or early Summer, but the Fed wants to avoid a recession situation like we had in the ‘80s when rate cuts came too soon and inflation rose again. The Money Wise guys discuss why we are likely to see a recession in 2024, but we still have a strong job picture, lots of cash on the sidelines, and higher wages, so investors can likely expect a shallow recession.
What is a Shallow Recession?
Since the Money Wise guys mention that we shouldn’t be surprised about a shallow recession in 2024, let’s look more closely at what that means. A shallow recession happens when some parts of the economy are performing on average, while others are struggling. A shallow recession can be viewed as more of a bump in the road than a pothole that disrupts the economy. Learn more about each type of recession, including a shallow recession, here.
In the second hour today, the Money Wise guys discuss Investor Psychology. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Moving Average Data ,Valuations & 5 Things Every Portfolio Should Have
It’s another informative and engaging episode of Money Wise, and the Money Wise guys are focused on the data. But first, a recap of last week’s numbers from Wall Street: The Dow was up slightly - essentially flat - while the S&P 500 was up 1.4% and the NASDAQ was up 2.3%. YTD the Dow is up 2.6%, the S&P 500 is up 5.4%, and the NASDAQ is up 6.5%. We’re seeing some similarities this year with how the market came hot out of the blocks at the beginning of 2023. The guys discuss moving average stats and the “Golden Cross.” There are rumblings of similarities between AI and the Dot Com era, but the Money Wise guys disagree that they’re comparable, especially from a valuation standpoint. They also discuss expected interest rate cuts, buy volume and an S&P record of interest.
What is a Moving Average?
The Money Wise guys mention the “moving average” several times in this episode, so let’s dig into that term. According to the Corporate Finance Institute, a moving average is a technical indicator that investors and traders use to determine the trend direction of securities. A moving average is calculated by adding up all the data points during a specific period and dividing the sum by the number of time periods. You can learn more about the importance and uses of a moving average here.
In the second hour today, the Money Wise guys share the Five Things Every Portfolio Should Have. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Meta’s Classic Short Squeeze, Magnificent 7 Earnings & Retiree Spending RulesThe Money Wise guys are back in the studio and the big news is Meta’s comeback - also known as a classic short squeeze. But first, last week’s numbers from Wall Street: The Dow was up 1.4%, the S&P 500 was up 1.4%, and the NASDAQ was up 1.1%. YTD the Dow is up 2.6%, the S&P is up 4.0%, and the NASDAQ is up 4.1%. We’ve finished the month of January and all three indices were up by about 1%, which tends to bode well for investors as the year unfolds. The Money Wise guys discuss the impact of the Federal Reserve meeting last week, a particularly bad day for the S&P, and Meta’s shocking earnings. Talk about a comeback! Though it was a classic short squeeze, folks. The guys also discuss earnings news for the Magnificent 7, Mark Zuckerberg’s record-breaking wealth ascension, and the damaging social media impacts discussed in Zuckerberg’s recent congressional testimony.
What is a Short Squeeze, Anyway?The Money Wise guys call Meta’s comeback a classic short squeeze in this episode, but what does that mean? A short squeeze describes a market phenomenon where s sharp rise in the price of an asset forces traders who previously sold short to close out their positions. It’s called a short squeeze because this strong buying pressure “squeezes” the short sellers out of the market. Check out more short squeeze information here.
In the second hour today, the Money Wise guys discuss Retiree Spending Rules. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Interest Rate Cuts, The Magnificent Six & Equity Index AnnuitiesThe Money Wise guys are back in the studio to discuss interest rate cuts, the new “Magnificent Six,” and s much more. They kick off the show with last week’s market recap. The Dow was up 0.6%, the S&P 500 was up 1.1%, and the NASDAQ was up 0.9%. YTD the Dow is up 1.1%, the S&P 500 is up 2.5%, and the NASDAQ is up 3.0%. January has us off to a really good start for 2024, and many analysts say, “As goes January, so goes the year.” It’s a bit of a surprise considering we had such a run in Q4 of 2023, mostly in anticipation of Fed interest rate cuts. Also surprising is that we've seen some fairly strong economic numbers of late and the markets have not reacted negatively. The Money Wise guys discuss whether this is because the inflation news shows continued progress in getting to the magical 2% year-over-year inflation number. The guys also discuss mixed earnings and why Tesla might be out of the Magnificent 7.
Let’s Talk About Interest Rate CutsThe Fed increased interest rates 11 times over the past few years, and we’re expecting some interest rate cuts in 2024. However, the Money Wise guys feel the pundits saying we’ll see six cuts this year are sorely mistaken. What is a more realistic number for interest rate cuts? First, let’s be clear that the Fed has, indeed, signaled interest rate cuts. In December, they appeared to have penciled in three interest rate cuts for 2024, though economic news and market fluctuations could change their plans.
In the second hour today, the Money Wise guys share warnings on Equity Index Annuities. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Housing Stats, Treasury Yields, and The Best Investment Advice Ever
It’s another engaging and informative episode of Money Wise, complete with housing stats, a discussion of Treasury Yields, and so much more. The Money Wise guys begin with last week’s numbers from Wall Street. The Dow was up 0.7%, the S&P 500 was up 1.2%, and the NASDAQ was up 2.3%. YTD the Dow is up 0.5%, the S&P 500 is up 1.5%, and the NASDAQ is up 2.0%. We also closed on Friday with all-time highs for the Dow and S&P. The Money Wise guys also talk about housing stats, as we learned that home sales hit the lowest level since 1995 last year. This was likely due to the higher interest rate squeeze on existing homeowners, plus builders facing higher capital costs and a workforce shortage. If you’re wondering, it’s still not the best time to be looking for a new home. However, consumer sentiment measurements shot up substantially recently, and some pundits saying it was due to how well the stock market did in December, along with hope that Fed interest rate cuts are forthcoming. The guys discuss recent Fed governor remarks and about how the stock market reacted to 10-Year Treasury Yields.
What Are Treasury Yields Anyway?
The Money Wise guys discuss 10-Year Treasury Yields in this episode, and it’s an economic indicator that comes up a lot. Let’s dig into what Treasury Yields are. Investopedia says Treasury Yields are the effective annual interest rates that the U.S. government pays on its various debt obligations, expressed as a percentage. Put another way, Treasury Yields are the annual returns investors can expect from holding a U.S. government security with a given maturity - such as a 10-year Treasury bond and its expected Treasury Yields. Learn more about Treasury Yields here.
In the second hour today, the Money Wise guys share The Best Investment Advice Ever. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
The Bitcoin ETF Casino, SEC Changes Explained & 10 Myths of Retirement PlanningThe Money Wise guys are back in action and they begin the show with what the markets have done so far in 2024. The Dow was up 0.3% last week, the S&P 500 was up 1.8%, and the NASDAQ was up 3.1%. YTD the Dow is down 0.3%, the S&P 500 is up 0.3%, and the NASDAQ is down 0.3% just like the Dow. There’s some big, historic news to report: the SEC finally threw in the towel and changed the rules so that ETFs tied to Bitcoin can start trading. The Money Wise guys have very strong feelings about the Bitcoin “casino” and make it clear that Davidson Capital Management doesn’t have a penny of client funds in these ETFs, and likely never will. They remind listeners that these ETFs are speculative investments not suited for any portfolio that cannot handle speculative investments, and even if you do decide to dip a toe into Bitcoin, it should be a very small part of your investable net worth - 5% maximum, and much less than that if you are within 10 years of retirement or already retired. They further remind listeners that there’s no such thing as “get rich quick” in the markets and that there are so many options that make more sense than these Bitcoin ETFs.
What is a Bitcoin ETF?To be clear, a Bitcoin ETF, or spot Bitcoin ETF, refers to an investment fund that tracks the performance of an underlying asset (in this case Bitcoin). A Bitcoin ETF can give investors exposure to cryptocurrency without directly owning it. The SEC has approved 10 Bitcoin ETF sponsors, including BlackRock, Fidelity, and Ark Invest, paving the way for trading to begin. To learn more about what a Bitcoin ETF is, find resources here and here.
In the second hour today, the Money Wise guys share 10 Myths of Retirement Planning. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
A 2023 Recap, Looking Back at Market Predictions & A Retirement Readiness QuizThe Money Wise guys are in the studio for the final time in 2023, and they start with last week’s market recap, as well as a 4th quarter recap and a 2023 recap. The Dow was up 0.8% last week, the S&P 500 was up 0.3%, and the NASDAQ was up 0.1%. December was a strong month, and we had an excellent 4th quarter, too. For 2023, the Dow finished up 13.7%, the S&P finished up 24.2%, and the NASDAQ finished up a massive 43.4% - the second-best year for the NASDAQ this century. The market’s performance for the year exceeded all three Money Wise guys’ expectations, and you can catch their 2024 market predictions in next week’s show. The guys share an interesting stat about the 10-year treasury yield, which tends to be the most-traded bond in the marketplace and serves as a building block for the determination of mortgage rates. How did we get here in 2023? The guys discuss it all, including the 90 days that made the Dow this year and why sentiment has shifted strongly back to a rate-cutting bias in 2024.
Market Predictions for 2024The Money Wise guys’ market predictions for 2023 were way off - no one foresaw the massive impact of AI and the Magnificent 7. As mentioned, the guys will share 2024 market predictions in next week’s show. Will Jeff’s market predictions be the most bearish once again? Will Kyle’s market predictions be the most bullish once again? Will Jeff’s market predictions be the “Switzerland” between the Davidson brothers once again? Listen in next week to find out!
In the second hour today, the Money Wise guys quiz you on Retirement Readiness. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Kyle and Joe are with you for this pre-Christmas show with a rapid-fire market recap and more. Last week, the Dow was up 0.2%, the S&P 500 was up 0.8%, and the NASDAQ was up 1.2%. YTD the Dow is up 12.8%, the S&P is up 23.8%, and the NASDAQ is up 43.2%. It hasn’t been your typical year for the S&P and the NASDAQ! No one anticipated seven stocks being such huge drivers over the course of the whole year, and the guys discuss how we may see more breadth of participation in the New Year. They talk about the “graying of America” and the opportunities in healthcare, which just didn’t see much participation this year. Will the breadth spread out going into next year? The guys discuss what they think we might see in 2024.
In the second hour, the Money Wise guys talk share important RIA vs. Broker differences. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
When Doves Fly, The Proverbial Soft Landing & Quadruple WitchingThe Money Wise guys are back in the studio, kicking off this episode with a rapid-fire recap of last week’s quadruple witching market movements. If last week was a big Nothing Burger, this week was a big Something Burger. The Dow was up 2.9%, the S&P 500 was up 2.5%, and the NASDAQ was up 2.8%. YTD the Dow is up 12.5%, the S&P 500 is up 22.9%, and the NASDAQ is up 41.5%. It was no run-of-the-mill week last week, folks, and it was all due to the Fed’s doveish remarks. Jerome Powell came right out and said the Fed is done raising rates, we’re holding steady, and now we’re having conversations about a first cut. The market immediately started going up and the S&P had the highest volume in two years. Did the Fed thread the needle and truly create the proverbial soft landing? Maybe, but things can change. Still, data appears to be shaping up that way, and there was no coal in the stocking for equity investors last week. The Money Wise guys discuss our continuing over-bought condition, further evidence of market breadth widening, last week’s quadruple witching, and what we can expect to see in the remaining nine trading days of the year.
Understanding Quadruple WitchingThe Money Wise guys mention that last week was a quadruple witching week, but what does that mean? Often called quad witching for short, quadruple witching happens when there is a simultaneous expiration of stock options, index futures, index futures derivatives options contracts, and single stock futures - the last of which hasn’t traded in the U.S. since 2020. For this reason, quadruple witching is not often called triple witching instead. Quadruple witching occurs on the third Friday of March, June, September, and December. Equity trading volumes generally rise on quadruple witching days.
In the second hour, the Money Wise guys talk about the importance of understanding Investor Psychology. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
A Big Nothing Burger, Technical Weeds & The U6 Unemployment ReportIt’s another engaging episode with the Money Wise guys and they begin with a rapid-fire market recap for last week, which amounted to a big Nothing Burger overall. The Dow was up about two points - essentially flat - and the S&P 500 and the NASDAQ were up 0.2% and 0.7% respectively. YTD the Dow is up 9.4%, the S&P 500 is up 19.9%, and the NASDAQ is up 37.6%. The guys dig into the equally weighted stats that show that tech stocks have been the biggest driving engine for this year, and they discuss the remarkable recovery we’ve seen for the NASDAQ, though it’s still 11% off the all-time high from late 2021. There are 14 trading days left this year - will we hit any all-time highs? The guys discuss the technical charts, the ongoing market cha-cha, and the November jobs and unemployment numbers, including the U6 Unemployment Report, which is hovering near its all-time low.
What is the U6 Unemployment Report?Since the Money Wise guys take time to talk about the U6 Unemployment Report in this episode, let’s dig into what it is. Published by the Bureau of Labor Statistics, the U6 Unemployment Report shows the total unemployed, plus all marginally attached workers, plus total employed part-time for economic reasons, as a percent of the civilian labor force plus all marginally attached workers. The U6 Unemployment Report is considered an alternative measure of labor underutilization and it is made available on a monthly basis. Learn more about the U6 Unemployment Report here.
In the second hour, the Money Wise guys share What Wall Street Won’t Tell You. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
The Tech Growth Engine Continues & November Showed Impressive NumbersThe Money Wise guys are back - with LOTS of numbers, propelled by the tech growth engine and more. Here’s where the markets ended up last week: The Dow was up 2.4%, the S&P 500 was up 0.8%, and the NASDAQ was up 0.4%. YTD the Dow is up 9.3%, the S&P is up 19.7%, and the NASDAQ is up a whopping 36.7%. November was a strong month, with the Dow up 8.8%, the S&P 500 up 8.9%, and the NASDAQ up 10.7%. On this strong performance, we are now less than 2% away from an all-time high on the Dow, less than 5% away from an all-time high for the S&P, and less than 12% away from an all-time high for the NASDAQ. The Money Wise guys admit they never saw this coming - especially on the backs of 11 interest rate increases since March of 2022. Is the Fed done now? Will we see a broad market rally in 2024, outside of the Magnificent 7 tech growth engine? The Money Wise guys discuss all this and more, plus give a reminder about why it’s a failed strategy to be either all-in or all-out of the markets.
The Tech Growth Engine is Still Chugging AlongWhen the Money Wise guys mention the tech growth engine, they are referring to the Magnificent 7 tech stocks that have propelled market momentum all year long. This tech growth engine includes Meta Platforms, Apple, Amazon, Google, Microsoft, Nvidia, and Tesla. You can learn more about the Magnificent 7 here and more about the performance of this tech growth engine here.
In the second hour, the Money Wise guys discuss Five Things Every Portfolio Should Have. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
A Market Microcosm, a Rip-Your-Face-Off Rally & Your Portfolio Review and AnalysisThe Money Wise guys are back after three weeks of college football preemption, and there’s much to discuss! They start with last week’s numbers from Wall Street, which showed the Dow up 0.7%, the S&P 500 up 1.3%, and the NASDAQ up 2.4%. YTD the Dow is now up 3.4%, the S&P is up 15%, and the NASDAQ is up 31.8%. Of course, the markets have been busy over the last three weeks, and the Money Wise guys cover topics like the NASDAQ and S&P rallying, why things got bright and shiny for the markets as October ended, one of the longest strings of back-to-back up days that we’ve had in several years, why the last two trading days are a microcosm for the last three weeks, and much more. They also discuss why they believe market sentiment keeps changing on a daily basis, why we’re watching bond auctions like never before, ongoing concern about interest rates, and what led to Friday’s rip-your-face-off rally.
Portfolio Review and Analysis with The Money Wise GuysWith all that's going on in the markets, it’s smart to check in on your investments and conduct a portfolio review and analysis from time to time. One of the services offered by Davidson Capital Management is, in fact, a portfolio review and analysis - and you may notice it mentioned at the start of every show. Now, a portfolio review and analysis is something you can conduct on your own, but a portfolio review and analysis with the Davidson Cap team means you’ll have 34 years of service and experience to help you determine whether you can make moves to strengthen your positions, enhance your diversification, and build a portfolio that better serves your needs. If you want a portfolio review and analysis with the Money Wise Guys, call 1-800-275-2162 or email moneywise@davidsoncap.com. Click here to learn more about the importance of a regular portfolio review and analysis.
In the second hour, the Money Wise guys share Retiree Spending Rules you won’t want to miss! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
A No-Landing Scenario, Weak Market Fundamentals & Annuity WarningsThe Money Wise guys are back in the studio with another engaging and informative show that tackles current market trends and shares annuity warnings, too. They begin with a recap of last week’s market performance. The Dow was down 1.6%, the S&P 500 was down 2.4%, and the NASDAQ was down 3.2%. YTD the Dow is essentially flat, the S&P is up 10%, and the NASDAQ is up 24.1%. We’re seeing strange performance for the year, and we’ve just entered the fourth quarter of the game. The guys talk about the market cap weighted S&P 500, which shows some underlying fundamentals of the market aren’t as strong as the YTD S&P might lead us to believe. It all comes back to the Magnificent 7 tech stocks, so investors shouldn’t get too far out over their skis. The guys also discuss the 10-Year Treasury, which hit a yield it hasn’t seen since 2007, and they share more about this “normalization” of the yield curve that continues to occur. The Money Wise guys also discuss the Fed, recent rhetoric, a no-landing scenario for the economy, and how much higher long-term interest rates may go.
Annuity Warnings from the Money Wise GuysThe guys talk extensively about Equity Index Annuities in the second hour of the show - and they have plenty of annuity warnings to share. Among the greatest annuity warnings are that the insurer could become insolvent or that your annuity’s purchasing power will erode before payout. Check out these resources for more on annuity warnings and on equity index annuities in particular.
In the second hour, the Money Wise guys share important information about Equity Index Annuities - including annuity warnings you don’t want to miss! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Earnings Season, Muted Market Reactions & A Primer on 401(k) RolloversThe Money Wise guys are back for a bit of a shorter show this week, but you can bet it still packs a punch! They kick things off with last week’s numbers from Wall Street. The Dow was up 0.8%, the S&P 500 was up 0.4%, and the NASDAQ was down 0.2%. YTD all three major indices remain up, with the Dow up 1.6%, the S&P up 12.7%, and the NASDAQ up 28.1%. The guys talk about Thursday’s bond auction report on the 30-year Treasury, which threw the markets into flux after a relatively strong week. Yields went higher, bond prices fell, and the market’s selling algorithms were triggered. Things began to look up on Friday but rolled over before lunch. The Money Wise guys discuss all the factors at play, including what’s happening with mortgage rates, the power of the 10-year Treasury, JP Morgan and United Health’s well-received earnings, PPI and CPI numbers, and why markets continue to show a muted reaction. The guys also discuss what moves the Fed may make next, and kick off the second half of the show with a discussion on 401(k) Rollovers.
What’s the Deal with 401(k) Rollovers Anyway?The Money Wise guys often focus on 401(k) Rollovers in the second half of the show, and it’s because they offer distinct advantages. 401(k) Rollovers are the term used to describe the process of directing the transfer of money in your 401(k) to a new 401(k) plan or to an IRA. It’s a fairly simple process, and 401(k) Rollovers offer the advantages of more choices, lower fees, and greater control.
In the second hour, the Money Wise guys offer a primer on 401(k) Rollovers that you don’t want to miss! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
A JOLTS Report Jolt, Continued Perversion of the Markets & 401(k) RolloversThe Money Wise guys weren’t preempted by football this week! They’re back in the studio with another episode full of investor news, engaging debate, and some wise-cracking, too. They kick off the show with a market update, and last week saw the Dow down. 0.3%, the S&P 500 up 0.5%, and the NASDAQ up 1.6%. YTD the Dow is up 0.8%, the S&P is up 12.2%, and the NASDAQ is up 28.3%. It’s the first show since Q3 ended, and it was a negative quarter for all major market indices, with most of the negative performance coming from the month of September. Q4 has now begun, and Friday’s rally saved it from being a negative first week. It was all about unemployment numbers, and the consensus expectations for the JOLTS report, in particular. These jobs numbers came in way above expectations, with more than a million more jobs available than what was anticipated. The ADP report jobs were also high, so futures went immediately south, interest rates immediately spiked up, and we saw the market algorithms take over once again. The guys also discuss two things that drove the markets negatively in September, what’s happening with volume, and the technicals they’re watching.
What is the JOLTS Report?The Money Wise guys discuss the JOLTS Report in this episode, and this refers to a jobs report from the Bureau of Labor Statistics. The JOLTS Report stands for the Job Openings and Labor Turnover Survey, and it produces data on job openings, hires, and separations. The JOLTS Report is generated monthly and often impacts the markets, especially when coming in much higher than expectations. You can learn more about the JOLTS Report here.
In the second hour, the Money Wise guys discuss 401(k) Rollovers. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Algorithms, Interest Rates & 0 DTE OptionsIt’s another engaging and informative episode of Money Wise! The Money Wise guys are missing Jeff this week, but Kyle and Jow kick off the show with last week’s numbers from Wall Street. The Dow was up 0.1%, the S&P 500 was down 0.2%, and the NASDAQ was down 0.4%. Year-to-date the Dow is up 4.4%, the S&P 500 is up 15.9%, and the NASDAQ is up 31.0%. The Money Wise guys discuss the equally weighted S&P once again and the very unusual circumstances that continue to make it vastly different from the market cap weighted index. The Magnificent 7 stocks continue to produce, and the guys discuss the Thursday rally, then the Attack of the Fridays due in large part to a triple witching options expiration date, which produced lots of volume - up 85% over the daily average volume, in fact. The guys also share updates on the European Central Bank and whether its interest rate decision will extrapolate to the U.S. markets and to next week’s Fed decision. They also touch on 0 DTE options and the gambler’s mentality, which creates more volatility.
What Are 0 DTE Options?The Money Wise guys introduce the concept of 0 DTE Options in this episode, which are a relatively new offering in options trading. 0 DTE Options are options contracts set to expire at the end of the trading day. They require a bit of a gambler’s mentality because this means the value of 0 DTE options is entirely determined by the underlying assets’ price movements on that day. With 0 DTE options, you can win big, or you can lose big. Learn more about why some investors are trading 0 DTE options here.
In the second hour, the Money Wise guys share The Best Investment Advice Ever. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
The September Slog, Apple in China & 401(k) Rollovers The Money Wise guys are back with another episode, and they kick off the show with a rapid-fire recap of last week’s market moves. The Dow was down 0.8% last week, the S&P 500 was down 1.3%, and the NASDAQ was down 1.9%. YTD all three indices remain in the black, with the Dow up 4.3% on the year, the S&P 500 up 16.1%, and the NASDAQ up 31.5%. It was a short week due to the Labor Day holiday, but September is living up to its annual expectation as the weakest month of the year. We got below the 50-day moving average in the S&P, and the market didn’t recover before the end of the week. The Money Wise guys discuss bond yields and how clearly tied the Wall Street algorithms are to the bond market. They also discuss why Apple and Nvidia are currently down, potential iPhone restrictions in China, and much more.
Second Hour Discussion: 401(k) Rollovers In the second hour, the Money Wise guys discuss everything you need to know about 401(k) rollovers. 401(k) rollovers happen when you take money out of your 401(k) and move the funds into another type of tax-advantaged account. 401(k) rollovers can be advantageous when you leave one job and start another, in the ease of your retirement savings management, and in lowering account management fees. 401(k) rollovers aren’t for everyone, so do your due diligence before making this move. You can learn more about 401(k) rollovers in this guide from Forbes.
You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Performance Differentials, Active Asset Management, and Mid-Cap Growth Funds It’s another educational episode of Money Wise as the Money Wise guys share market updates and discuss the financial news that matters to you. Last week, the Dow was up 1.4%, the S&P 500 was up 2.5%, and the NASDAQ was up 3.2%. Year-to-date, the Dow is up 5.1%, the S&P 500 is up 17.6%, and the NASDAQ is up 34.1%. The guys also share the equally weighted S&P 500, which the “Magnificent 7” can’t skew, and they talk about how the out-performance we’re seeing now harkens back to the dot-com era. Will this performance differential last? It remains to be seen. The guys also share reminders about the importance of active asset management and a proven process for stock-picking, data on mid-cap growth funds so far this year, and much more.
What Are Mid-Cap Growth Funds? Since the Money Wise guys talk about mid-cap growth funds in this episode, let’s discuss what they are. Mid-cap growth funds are pooled investment vehicles, such as mutual funds, that invest explicitly in the stocks of companies with market capitalizations ranging from approximately $1 billion to $8 billion. These are called mid-cap growth funds because they fall in the middle range of listed stocks, and they are projected to grow at a faster rate than other mid-cap stocks. To learn more about mid-cap growth funds, visit this resource from Investopedianow.
In the second hour, the Money Wise guys discuss 10 Myths of Retirement Planning. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
A Continued Summer Correction, The Fed Meeting & An ‘Are You Ready for Retirement’ Quiz Join the Money Wise guys for another engaging and educational episode! The guys begin with a rapid-fire market recap. Here’s what last week looked like on Wall Street: The Dow was down 0.4%, the S&P 500 was up 0.8%, and the NASDAQ was up 2.3%. YTD the Dow is up 3.6%, the S&P 500 is up 14.7%, and the NASDAQ is up 29.8%. We’re seeing continued light volume as many investors prepare for the Labor Day holiday, keeping this traditional summer correction going. It’s mostly “steady as we go” through the dog days of summer, though this past week had a bit of volatility. The markets experienced a strong Wednesday, with an abrupt reversal on Thursday. This market choppiness was most likely due to remarks from the Fed governors. The Money Wise guys also discuss the volatility we’re seeing in the yield curve all across the Treasury market, and why August has been the worst month so far this year. With all three major indices in the negative for the quarter, the guys are hopeful for positive movement after Labor Day.
What is a Summer Correction? This week, the Money Wise guys discuss our continued Summer Correction - but is this something we commonly experience in the summer months? First, remember that a market correction doesn’t necessarily mean a bull market has reached its end. A Summer Correction is a natural part of the market cycle, and it’s particularly likely to happen when we’ve seen significant growth in the first half of the calendar year, as we’re seeing in 2023. This Summer Correction is not particularly worrisome to the Money Wise guys, and it’s likely we will see more market growth after Labor Day and into the third quarter. For more on the current Summer Correction, check out these resources from U.S. News and The New York Times.
In the second hour, the Money Wise guys share an ‘Are You Ready for Retirement?’ quiz. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
The Dog Days of Summer, Bond Yields, and Economic Indicators The Money Wise guys are in the studio once again to bring you a rapid-fire market recap and so much more! Last week, the Dow was down 2.2%, the S&P 500 was down 2.1%, and the NASDAQ was down 2.6%. YTD the Dow is up 4.1%, the S&P is up 13.8%, and the NASDAQ is up 27.0%. We’re in the Dog Days of Summer - and it’s about more than just the heat dome over Texas! The markets are experiencing a definite August swoon but with good reason. The NASDAQ was up more than 30% going into summer, so some losses were to be expected. The guys talk about bond yields, a major Chinese bankruptcy, and economic indicators - and they even get political. They also discuss GDP growth, how consumers are feeling, and the profit margins we continue to see in corporate America - plus what’s driving them.
What Do Bond Yields Mean? The Money Wise guys share data on bond yields in this episode, so let’s discuss what that means. Bond yields are the returns investors expect to receive each year over each bond’s term to maturity. If you’re the investor who has purchased the bonds, bond yields are a summary of the overall returns that account for the remaining interest payments and principal you will receive. Bond yields are expressed as a percentage of the bondholder’s invested capital. You can learn more about bond yields here and here.
In the second hour, the Money Wise guys share important differences in an RIA vs. Broker discussion. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Summer Malaise, Market Rotation, Fed-Speak & Investor Psychology The Money Wise guys are back at it again this week, and the show begins with a look back at last week’s numbers from Wall Street. The Dow was up 0.6%, the S&P 500 was down 0.3%, and the NASDAQ was down 1.9%. YTD the Dow is up 6.4%, the S&P is up 16.3%, and the NASDAQ is up 30.4%. Are we experiencing a so-called Summer Malaise? The Money Wise guys discuss what they’re seeing and why August is a weak month historically. They discuss why the NASDAQ seems most affected and where we’re seeing market rotation out of tech and into other areas. There seems to be buying interest in some parts of the market and selling interest in other areas. The Money Wise guys also dig into data points like the CPI and PPI, though there’s nothing in the stats that gave the bulls or the bears an ah-ha moment. In two weeks, there may be some more market-moving data and Fed-speak, confusing the market once again, and the guys discuss whether there may be another interest rate increase in September.
What is Market Rotation? The Money Wise guys mention market rotation often, as in this episode, so let’s break down what it really means. Market rotation is, essentially, a response to larger economic cycles. As the economy expands, investors tend to move out of certain sectors and move into others. Market rotation is often driven by traders anticipating the next sectors for market growth, which is why it’s sometimes called “sector rotation.” If you’d like to learn more, you’ll find more market rotation discussions here and here.
In the second hour, the Money Wise guys engage in a discussion on Investor Psychology. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Burn-Off, Market Seasonality, Earnings & What Wall Street Won’t Tell You The Money Wise guys start the show with a rapid-fire market update for the week just passed. The Dow was down 1.1%, the S&P 500 was down 2.3%, and the NASDAQ was down 2.8%. Though it was a down week, all three remain in the positive year-to-date, with the Dow up 5.8%, the S&P up 16.6%, and the NASDAQ up 32.9%. The Money Wise guys warned last week that market seasonality might hit hard in August, with it tending to be a weak month in any given market year - and we were definitely ripe for some pull-back and profit-taking. That’s just what we saw last week, with the market starting to burn off a bit of the over-bought condition, particularly in the S&P and the NASDAQ, and it could continue throughout August. The guys also discuss the earnings picture thus far and the common theme of companies reporting better-than-expected earnings with reasonable guidance but still not getting much of a bump up in price. They use Apple as an example in their discussion.
Market Seasonality The guys mention market seasonality in this episode when they talk about August tending to be a weak month, so let’s dig into the concept a bit further. According to Brittanica Money, market seasonality refers to the tendency of financial markets to exhibit consistent patterns of demand and production over the calendar year. Weak Augusts are an example of market seasonality - sometimes also referred to as the summer doldrums - while other examples of market seasonality include the “Halloween Effect” and the “Santa Claus Rally.” Learn more about market seasonality from Investopedia here.
In the second hour, the Money Wise guys pull back the curtain to share What Wall Street Won’t Tell You. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
A Narrowly Missed Record for the Dow & The Impact of Algorithmic Trading The Money Wise guys are back at it for another week of wise investment discussion- and wise-cracking, too! They start with a look at last week’s numbers from Wall Street, which showed the Dow up 0.7%, the S&P 500 up 1.0%, and the NASDAQ up 2.0%. YTD all three indices remain up, as well, with the Dow up 7.0%, the S&P up 19.3%, and the NASDAQ up 36.8%. We had another attack of the Fridays, after a reversal of the market’s fortunes on Thursday. Though the markets pulled out on Friday to end the week on a positive note, the Dow narrowly missed setting a record that has held since 1897. The Money Wise guys review the first half of 2023, revisiting the NASDAQ’s tremendous gains, the Fed raising rates in four different months - to the highest Fed funds rate in 22 years - and so much more. They also touch on the impact of algorithmic trading, coupled with lower volume and participation, and how it can lead to more volatility.
What is Algorithmic Trading? In this episode, the Money Wise guys dig into algorithmic trading and what it means when machines are controlling whether the market is buying or selling. Essentially, algorithmic trading means one small data point can trigger the market algorithms to become more volatile. To learn more about the advantages and disadvantages algorithmic trading brings to the table, check out this resource from the Corporate Finance Institute.
In the second hour, the Money Wise guys discuss Five Things Every Portfolio Should Have. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.****
The Week of the Rotation, Earnings Reports & Retiree Spending Rules The Money Wise guys kick off another engaging episode with a look at last week’s numbers from Wall Street. The Dow was up 2.1%, the S&P 500 was up 0.7%, and the NASDAQ was down 0.6%. YTD all three remain up, with the Dow in the black 6.3%, the S&P up 18.1%, and the NASDAQ up 34.1%. The guys discuss whether it was “the week of the rotation.” They revisit how tech stocks have driven a huge amount of the total return for the S&P, though last week it was the healthcare sector leading the markets. Industrials are also making a comeback, small caps are really coming to life, and tech has slowly begun to take more of a backseat. The guys share how this broadening of the market is how we can continue to see gains on the back end of 2023. They discuss the specifics of Netflix and Tesla and what else might be driving this market rotation. The guys also talk about earnings reports, Tesla manufacturing evolutions, and why companies sometimes sacrifice margins in the present for increased future earnings.
Understanding Earnings Reports Since Netflix and Tesla earnings reports are up for discussion in this episode, let’s talk about what earnings reports really mean. This data shows after-tax net income, or profits, in a given quarter or fiscal year. Earnings reports are important data for investors because they are crucial to assessing a company’s profitability and are a major factor in determining stock price. For more, check out the latest earnings reports for Netflix and Tesla, as discussed in this episode.
In the second hour, the Money Wise guys discuss Retiree Spending Rules you’d be wise to follow. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
No Recession in Sight & Distorted Leading Economic Indicators The Money Wise guys are back for another week of Wall Street news, witty banter, and investor education! They begin the show with a review of last week’s numbers. The Dow was up 2.3%, the S&P 500 was up 2.4%, and the NASDAQ was up 3.3%. YTD the Dow is up 4.1%, the S&P 500 is up 17.3%, and the NASDAQ is up an astounding 34.8%. The markets are still chugging along, full of potential, surpassing the 2023 predictions of all the Money Wise Guys thus far. The question remains: Why? With so many negating leading economic indicators, we should be nearing a recession. However, there is no recession in sight. The guys discuss whether the pandemic distorted these indicators, such as the inverted yield curve we’ve been experiencing, to the point that the data is no longer reliable.
Understanding Leading Economic Indicators What is the relevance of leading economic indicators? Which specific data do we consider leading economic indicators? In general, economic indicators are data used to forecast future economic activity. Historically, things like the Consumer Confidence Index, the Purchasing Managers’ Index, and initial jobless claims have been considered leading economic indicators. As the Money Wise guys point out in this episode, however, that could be changing.
In the second hour, the Money Wise guys share their ongoing concerns about Equity Indexed Annuities. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Ain’t No Fun ‘Til The Fed is Donw & The ADP National Employment Report The Money Wise guys are back after a week off for the holiday, and they start with a recap of last week’s numbers from Wall Street. It was a short week due to the Fourth of July, and the Dow was down 2%, the S&P 500 was down 1.2%, and the NASDAQ was down 0.9%. YTD all three major indices remain firmly in the positive, with the Dow up 1.8%, the S&P 500 up 14.6%, and the NASDAQ up 30.5%. The shortened week saw light volume across the board, and what triggered selling was a very robust ADP National Employment Report. It woke the market up, but it held true that this was a case of “good news that is actually bad news” because it may have caused some issues with Treasury yields that can spell bad news for the markets overall.
What is the Importance of the ADP National Employment Report? If you’re not familiar with the ADP National Employment Report, it’s produced by ADP Research Institute in collaboration with Stanford Digital Economy Lab, which is part of Stanford University. Together, they produce a monthly report of economic data. The ADP National Employment Report tracks the level of non-farm private employment in the U.S. If you’re interested in learning more, check out this resource on the ADP National Employment Report.
In the second hour, the Money Wise guys share The Best Investment Advice Ever You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
June Swoon, AI Profit-Taking, and ECB Impact The Money Wise guys kick-off this episode with last week’s numbers from Wall Street. The Dow was down 1.7%, the S&P 500 was down 1.4%, and the NASDAQ was down 1.4%. YTD all three major indices remain up, with the Dow up 1.8%, the S&P up 13.3%, and the NASDAQ up 28.9%. It was a bit of a profit-taking week, much like a typical June when we expect to experience a bit of a sell-off. They call it the “June Swoon” and, although June is historically a poor month for stocks, it’s been very solid for us this year. The Money Wise guys discuss last week’s sell-off and how we saw some profit-taking in the AI Halo, which is to be expected as some investors trim their tech positions. The guys discuss what we may see next, with so many folks currently under-invested, and they revisit the net-positive inflows we've seen in recent weeks. They also discuss whether we were influenced by Europe and the ECB last week, and how we remain above market support levels, despite some sell-offs.
What is the ECB? In this episode, the Money Wise guys mention that we felt some impact from recent moves by the ECB, which is the [European Central Bank](https://european-union.europa.eu/institutions-law-budget/institutions-and-bodies/search-all-eu-institutions-and-bodies/european-central-bank-ecb_en#:~:text=The%20European%20Central%20Bank%20(ECB,economic%20growth%20and%20job%20creation.). The ECB manages the euro, and it also frames and implements EU economic and monetary policy. The main goal of the ECB is to keep prices stable in order to foster economic growth and job creation. Learn more about the ECB here. In the second hour, the Money Wise guys review “10 Myths of Retirement Planning.” You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
A Triple Witching Day, Increased Volume & An ‘Are You Ready for Retirement’ Quiz The Money Wise guys are back with another jam-packed episode! They begin with a look back at last week’s numbers from Wall Street. The Dow was up 1.2%, the S&P 500 was up 2.6%, and the NASDAQ was up 3.2%. YTD the Dow is up 3.5%, the S&P is up 14.8%, and the NASDAQ is up a whopping 30.8%. The Money Wise guys joke about how far off their 2023 predictions were for the markets, which have had a strong six months on the backs of AI stocks. We’re still seeing more broadening of the market outside of the ten stocks that have driven the S&P. We also saw increased volume last week, even before Friday, which was a Triple Options Expiration Day, also known as a Triple Witching Day. We’re seeing more retail participation, net-positive in-flows from equity mutual funds and equity ETFs, and FOMO seems to be back. We’re still not back to all-time highs, so don’t let the FOMO overtake you! As the Money Wise guys remind us, the market’s ultimate goal is to continue to rise over the long term. In this episode, they also discuss why the earnings decline shouldn’t disturb investors, and whether positive earnings growth is in our near future.
What is a Triple Witching Day? The guys mention last week’s Triple Options Expiration Day in this episode, commonly called a Triple Witching Day. So, what is it? A Triple Witching Day, as defined by Investopedia, is the term for a day when there is a simultaneous expiration of stock options, stock index futures, and stock index options contracts all on the same day. It happens four times each year, on the third Friday of March, June, September, and December. Learn more in this FOREX article.
In the second hour, the Money Wise guys share a helpful “Are You Ready for Retirement?” quiz. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
The $64,000 Question, Talking Heads & The Russell 2000 Index
The Money Wise guys kick off this week’s show with a look back at last week’s numbers from Wall Street. The Dow was up 0.3%, the S&P 500 was up 0.4, and the NASDAQ was up a slight 0.1%. YTD the Dow is up 2.2%, the S&P 500 is up 12%, and the NASDAQ is still taking the lead, with an increase of 26.7%. This week began with a Monday where we saw a bit of a sentiment shift from investors, with some undervalued areas like the Russell 2000 starting to be bought, along with some value stocks. This wider breadth fell back as the week went on, though, with sell-offs of both value and small-cap stocks. The Money Wise Guys explain that the $64,000 question is: When are we going to get the rest of the market to participate? They discuss whether next week’s Fed meeting will make a difference if they hit “pause” on rate hikes, and they consider what the next new set of quarterly earnings will mean for the markets, too.
A Primer on the Russell 2000 Index
Since the guys mention the Russell 2000 Index during this week’s show, it’s a great time to get back to basics and with a primer on what it is. The Russell 2000 Index is made up of small-cap U.S. stocks. Specifically, it’s the smallest 2,000 stocks in the Russell 3000 Index. The Russell 2000 Index is often considered a key economic indicator, and you’ll often find it cited alongside the three major indices. To learn more about the Russell 2000 Inxex, check out this informative piece from Bankrate and this detailed description from Seeking Alpha.
In the second hour, the Money Wise guys engage in an RIA vs. Broker discussion. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
A History of NASDAQ Trends & Undervalued StocksThis week brings with it another action-packed episode of Money Wise and as always, the guys kick it off with a look at last week’s numbers from Wall Street. The Dow was up 2.0%, the S&P was up 1.8%, and the NASDAQ was up 2.0%. Year-to-Date all markets are on the rise with the Dow up 1.9%, the S&P up 11.5%, and the NASDAQ up 26.5%. The guys also share an interesting new statistic, through the first 100 trading days of 2023, the NADAQ has been up over 20% YTD – for just the fifth time in its history. The guys take time to discuss the history of the NASDAQ as well as some interesting statistics emerging out of the S&P that they think we can learn from. For the Money Wise guys, what we’re seeing statistically out of the S&P is due to 10 primary stocks that are driving more than 90% of the return YTD. They discuss how AI has helped accelerate the situation with NASDAQ and the performance we’re seeing with the S&P and what this all means for the home investor. The guys delve into this area of stocks that are fundamentally solid but getting no love in the markets because of AI’s influence and how the individual investor may be able to capitalize on these undervalued stocks.
Using the History of NASDAQ to Make Sense of Current TrendsThe thing about investing is that, although the markets are unpredictable, there’s plenty we can learn from the past to help give us a better sense of how they are performing currently, and how they may perform in the future. That’s why the Money Wise guys spend so much time this episode exploring the history of NASDAQ and all the times we’ve seen trends occur that are similar to what we’re witnessing now. NASDAQ is an acronym that stands for “National Association of Securities Dealers Automated Quotations,” however, it is also commonly used to reference the Nasdaq Composite which is an index of over 3,700 stocks listed on the NASDAQ exchange. Some of the stocks you may be most familiar with are Apple Inc., Microsoft, Google, and Amazon.com. Since the creation of NASDAQ in 1971, there have only been four other years where the NASDAQ index was up 20% or more in its first 100 days - 1975, 1983, 1986, and 1991. What stands out to the guys when looking at this statistic is that for three out of those four years, the NASDAQ ended up being lower by the end of the year than it was at the 100th trading day. Therefore, if we are to learn anything from these statistics, it’s that we may want to remain cautious in believing that the NASDAQ will close out the fourth quarter as strongly as it has closed out the first.
In the second hour, the Money Wise guys discuss Investor Psychology. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
The AI Halo Effect & Investor FOMOThe Money Wise guys are back with another jam-packed show! They begin with last week’s numbers from Wall Street. The Dow was down 1.0%, the S&P 500 was up 0.3%, and the NASDAQ was up 2.5%. Year-To-Date the Dow is down slightly, while the S&P 500 and the NASDAQ are both up. The guys discuss the big performance difference between the Dow and NASDAQ - a more than 24% difference YTD - which is a reversal from what we saw last year. Of course, AI has been the steam engine for the S&P 500 and the NASDAQ this year, and the Money Wise guys once again discuss that impact, reviewing what we see when we look at the equally weighted index. They discuss the efficiencies AI will create across industries worldwide, whether investors are having FOMO, and how this emerging “AI Halo” compares to the Dot-Com bubble.
Emerging Term to Know: AI HaloIt’s the first show where the Money Wise guys have used the emerging term “AI Halo” so let’s dig into exactly what that means. A Halo Effect describes a scenario where investors show favoritism to stocks that are tied to a specific industry or product. The AI Halo implies that investors are currently favoring buying any company with even a pinky finger in AI. Are you experiencing the AI Halo in your own investment decisions?
In the second hour, the Money Wise guys share the secrets of What Wall Street Won’t Tell You. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
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NASDAQ Rising & The S&P 500 Equal Weight IndexThe Money Wise guys kick off the show with a rapid-fire market recap. Last week saw the Dow up, the S&P 500 up, and the NASDAQ up. YTD all three remain up, with the NASDAQ still up by double digits - 20.9%, to be exact. The AI craze has taken control of the market this year, fueling a meteoric rise for the NASDAQ. The guys discuss a few stocks leading the charge, plus what the S&P 500 Equal Weight Index looks like - and which tells more of the true story. The guys also discuss whether we’ve seen so few stocks driving so much market performance for more than a quarter, how much investors should put in stocks now, and so much more.
What is the S&P 500 Equal Weight Index?In several of the past episodes, the Money Wise guys have touched on the importance of examining the S&P 500 Equal Weight Index, and it’s a point of conversation in this episode, too. The S&P 500 Equal Weight Index is, essentially, the opposite of Market Weight, where each slice of the S&P 500 pie is cut based on market cap. When you look at the S&P 500 Equal Weight Index, you get a truer picture of the index’s performance. Currently, the S&P 500 Equal Weight Index shows us that a few stocks are driving approximately 90% of the index’s performance. (Hint: They’re all AI-driven!)
In the second hour, the Money Wise guys discuss 5 Things Every Retirement Portfolio Should Have you should know. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
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Debt Ceiling Drama & Fears About the Potential for an AI BubbleIt’s another action-packed episode of Money Wise and the guys kick it off with a look at last week’s numbers from Wall Street. The Dow was down 1.1%, the S&P 500 was down 0.3%, and the NASDAQ was up 0.4%. YTD the Dow is up 0.5%, the S&P is up 7.4%, and the NASDAQ is still leading the pack at 17.4% positive returns. The Money Wise guys discuss how growth funds are still taking the lead, what all the profit-taking has meant for the market, and the impacts of a potential AI bubble. Other topics include continued narrow participation, fear-mongering news stories surrounding AI technology, and whether we’re seeing buyer’s strike across the board. The guys also discuss debt ceiling doom, how current market conditions favor traders over investors, and why it’s important to continue to be extremely cautious.
What Does an ‘AI Bubble’ Mean?The guys discuss a potential AI bubble in this episode when discussing how just a few stocks are driving gains - and they’re the stocks connected in some way to Artificial Intelligence (AI). Now, to officially name an AI bubble, we would have to see these five stages come to fruition, but we may be on our way. A potential AI bubble could be burst, however, by the continued fear-mongering we’re seeing in the financial press regarding AI technology.
In the second hour, the Money Wise guys share Retiree Spending Rules you should know. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
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More Regional Bank Drama & Short Selling ConcernsWhat a week on Wall Street! The Money Wise guys start the show with a recap of last week’s numbers across the three major indices. The Dow was down 1.2% and the S&P 500 was down 0.8%, while the NASDAQ ended the week up slightly. The Dow is up on the year, as is the S&P and the NASDAQ. We had an attack of the Fridays once again, but a good one this time. It didn’t quite get us back to positive range for the Dow and S&P, but it helped the market overcome considerable drama early in the week due to more regional bank failings, plus the Fed meeting on Wednesday. Many investors are experiencing 2008 fears again and it showed in the market early last week. For example, an exchange-traded fund that contains hundreds of regional banks and it took another kick in the pants due to short selling. The guys discuss why it may be time for a moratorium on short selling, and why regulators should take action.
What is Short Selling?Short selling occurs when a trader borrows shares of a stock or other asset that they believe will decrease in value, then they sell in the hopes of being able to buy the shares back for far cheaper. Short selling can lead to a lack of confidence in a stock, which is what we’ve seen happening with short selling around several regional banks. You can read more about the pros and cons of short selling here, as well as the moratorium on short selling back in 2008 during the financial crisis and why it was important.
In the second hour, the Money Wise guys share The Dangers of Equity Indexed Annuities (EIAs). You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
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A Perplexing Market & Examining Relative StrengthJohn Davidson is back for this week’s episode of Money Wise - and he’s on fire! The guys start the show with last week’s numbers from Wall Street before moving into some stunning examples of high relative strength despite poor statistics. The Dow was up 0.9%, the S&P 500 was up 0.9%, and the NASDAQ was up 1.3%. The Dow is up on the year, as are the S&P and the NASDAQ. The Money Wise guys discuss a market that continues to be perplexing, with volume still on the decline. They share what it means when the only people in the market are “renters” not investors, before giving some statistics that are shocking, to say the least. As an example, John shares earnings for Meta and some other big-name companies with surprising year-over-year earnings numbers and no sales growth - yet they’re still out-performing 98% of the rest of the market. The guys discuss what a stock’s relative strength means, and how current market conditions are playing into the market being trapped in a tight trading range.
What is the Relative Strength Index?According to Investopedia, relative strength is a momentum indicator. Officially termed the relative strength index, or RSI, it’s often used in the technical analysis of stocks. Relative strength measures the speed and magnitude of a security’s recent price changes to evaluate overvalued or undervalued conditions. Relative strength is measured on a scale of zero to 100, with 100 being the strongest.
In the second hour, the Money Wise guys share The Best Investment Advice Ever. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
A Snoozer of a Week, The Market Cha-Cha, and Low Volume (Again)The Money Wise guys are back in the studio, kicking off the show with last week’s numbers from Wall Street. The Dow was down, the S&P 500 was down, and the NASDAQ was down, though all three indices were down by less than half a percent. Year-To-Date the Dow is up, the S&P 500 is up, up the NASDAQ remains up by a pretty massive 15.3%. Overall, it was a snoozer of a week, and the Money Wise guys analyze the lighter volume trends we’ve seen going back to the beginning of April. In fact, they haven’t seen volume consistently this low for more than a year. So, where is everybody? Are investors sitting on the sidelines trying to handicap the un-handicapable? The guys discuss whether the market is waiting for Big Cap Tech numbers next week to increase volume, or further commentary from the Fed on interest rates. Regardless, we seem to be in a holding pattern at the moment, still caught in a technical trading range - a market cha-cha, you might say!
Let’s Talk About VolumeWhat does “volume” mean when we’re talking about the markets anyway? The Money Wose guys use the term frequently, and it’s a simple concept. Volume is the number of shares traded in a particular stock, index, or type of investment over a period of time. In this case, the Money Wise guys are referring to low volume across the three major indices. Low trading volume can indicate a lack of interest in either buying or selling, and you can learn more in this Investopedia article.
In the second hour, the Money Wise guys take you through 10 Myths of Retirement Planning. Are they throwing YOU off course? You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Inflation News, Banking Shifts, and Quantitative TighteningThe Money Wise guys start this week’s show with a rapid-fire market recap. Last week showed the Dow up 1.2%, the S&P 500 up 0.8%, and the NASDAQ up 0.3%. YTD the Dow is up 2.2%, the S&P 500 is up 7.8%, and the NASDAQ is up 15.8%. It was a very busy week with inflation data and, all in all, things are moving in the right direction. Year-over-year inflation is at its lowest rate in nearly two years, and the CPI and PPI numbers contributed to some positive sentiment for the markets. The guys also discuss retail sales and industrial production numbers, noting that industrial production was above expectations. The guys also discuss interest rates increasing a bit, why that could be happening, and continuing shifts they’re seeing in the banking industry. Warren Buffet says he expects more bank failures in 2023, but what does that mean? The guys mete it out and discuss possibilities, looking at the Fed’s quantitative tightening, too.
A Primer on Quantitative TighteningSince the guys dig a bit into the specifics of quantitative tightening in this episode, it’s a good time for a quick review of what it all means. Quantitative tightening is a contractionary monetary policy tool designed to reduce the Federal Reserve balance sheet. Also known as balance sheet normalization, quantitative tightening is the opposite of quantitative easing.In the second hour, the Money Wise guys share a helpful “Are You Ready for Retirement?” quiz. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Q1 in Review & A Possible Reflex Rally for the NASDAQThe Money Wise guys are back in the studio after a week off, and there’s much to discuss. First, they dig into last week’s numbers from Wall Street: The Dow was up slightly, the S&P 500 was down a bit but near-flat, and the NASDAQ was down. Year-To-Date, the Dow is up 1%, the S&P 500 is up 6.9%, and the NASDAQ is up 15.5%. The guys also review the Q1 numbers, which show the Dow up slightly, the S&P 500 up 7%, and the NASDAQ up just shy of 17%. It’s been some time since the NASDAQ was up that much, and the guys talk about what’s driving this movement. They discuss whether it was a reflex rally, overdue belt-tightening, or gains made by several tech names associated with AI that are driving up the entire index from a valuation viewpoint. The guys also discuss why we probably can’t annualize that growth for the NASDAQ and why they still anticipate seeing some type of recession later this year.
What Do the Money Wise Guys Mean by a Reflex Rally?While the term “reflex rally” is not widely used, the Money Wise guys use it in the context of the NASDAQ’s Q1 performance in this show. In this case, a reflex rally refers to the NASDAQ’s seeming meteoric rise that may amount to a bounce-back after a period of significant decline - which we saw in 2022. A reflex rally could be due to technical factors, or fundamental ones. Check out the full show for more context on the reflex rally the NASDAQ may be experiencing now.
In the second hour, the Money Wise guys discuss Registered Investment Advisors vs. Brokers. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
The Attack of the Yellen and a Credit ContractionThe Money Wise guys kick off this week’s show with a review of last week’s numbers from Wall Street before diving into Fed comments, a credit contraction, and more. The Dow was up 1.2%, the S&P 500 was up 1.4%, and the NASDAQ was up 1.7%. Year-To-Date, the Dow is down 2.7%, but the other two major indices are in the black, with the S&P 500 up 3.4% and the NASDAQ up 13%. The guys jump right into some spicy political commentary and explain why they consider last week a product of an Attack of the Yellen - and they offer a reminder that words have consequences. They also share recent Fed comments and last week’s decision to raise interest rates by a quarter percent, and Kyle and Jeff spar over whether the comments were actually more dovish or not. The Money Wise guys also explain why the market is still a cat on a hot tin roof, totally focused on the banking sector and feeling edgy. They also share Fed Chairman Powell’s quotes about a credit contraction and what consumers might expect.
So, What is a Credit Contraction?Also sometimes called a credit crunch, a credit contraction describes a decline in consumer lending activity by financial institutions. A sudden shortage of funds usually brings on a credit contraction, and it will often coincide with a recession - which we are NOT in right now. However, with multiple banking failures in recent weeks, many banks and other lending institutions are wary of their own potential bankruptcies or defaults. For borrowers, a credit contraction results in higher interest rates. The Money Wise guys discuss the rate-raising cycle, whether rates may reverse soon, and the exact quote that Fed Chairman Powell made on a credit contraction and its economic consequences.
In the second hour, the Money Wise guys share interesting Investor Psychology insights. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Regional and Super-Regional Banks, Fear-Mongering, and Non-Traded REITsThe Money Wise guys are back to continue the conversation on many of last week’s topics, but they begin with last week’s numbers from Wall Street. The Dow was down slightly, the S&P 500 was up 1.4%, and the NASDAQ was up 4.4%. YTD the Dow is down 3.9%, the S&P 500 is up 2.0%, and the NASDAQ is up 11.1%. Regional and super-regional banks are once again the main topic of conversation, and the guys discuss how much of the conservative media is over-dramatizing the situation and causing unnecessary fear. They also dig into the element of marketing that exists within this conversation because many of the far-right-leaning programs are promoting gold and other types of investments. The Money Wise guys remind listeners to beware of “guarantee” - the g-word that should always cause skepticism. As an example, they discuss an ad for non-traded REITs with a “guaranteed” 10% return.
What are Non-Traded REITs?Since the guys spend some time on this topic, let’s dig into what Non-Traded REITs are anyway. A REIT is a Real Estate Investment Trust, and so a Non-Traded REIT refers to one that is not listed and traded on a public exchange. According to the Corporate Finance Institute, Non-Traded REITs allow investors to access diversified real estate investments with little capital requirements and added taxation benefits. Though this might sound good on its face, the Money Wise guys share why Non-Traded REITs are the second-worst thing for your portfolio (after annuities). With a 40-60% occupancy for office space these days, they doubt any investors in these particular Non-traded REITs were getting a 10% “guaranteed” return.
In the second hour, the Money Wise guys give you a peek behind the curtain as they share What Wall Street Won’t Tell You. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Interest Rate Fantasies & The Silicon Valley Bank FailureThe Money Wise guys are back in the studio for another rapid-fire market update. Last week’s numbers from Wall Street showed the Dow down 4.4%, the S&P 500 down 4.5%, and the NASDAQ down 4.7%. Year-to-date, the Dow is down 3.7%, the S&P 500 is up 0.6%, and the NASDAQ is up 6.4%. There's a lot to unpack in this week’s show and the guys start with the Fed Chairman’s more hawkish statements and how they dashed interest rate fantasies. The Money Wise guys discuss data dependency and elaborate on how the market reacted - and why they aren’t surprised that rates won’t be cut any time soon. The guys also dig into the Silicon Valley Bank failure, how it happened, how it changed the market, and much more.
Silicon Valley Bank Failure in BriefIt all started with a press release last Thursday, in which Silicon Valley Bank (SIVB) said it was issuing more shares of stock. This has the impact of diluting existing shareholders but doesn’t in itself lead to a bank failure. However, by Friday, regulators had taken over and it was clear that the Silicon Valley Bank failure was happening. The Money Wise guys discuss how a huge investment in long-term Treasury instruments spelled the beginning of the end, what the Silicon Valley Bank failure meant for those it served, how the federal government stepped in to protect depositors, and more.
Check out this PBS article on the Silicon Valley Bank failure for more.
In the second hour, the Money Wise guys are discussing Five Things Every Retirement Portfolio Should Have. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
No New Bull Market Yet, Moving Averages & Retiree Spending RulesIt’s another action-packed episode of Money Wise, and the Money Wise guys kick it off with a review of last week’s numbers from Wall Street. The Dow was up 1.7%, the S&P 500 was up 1.9%, and the NASDAQ was up 2.6%. Year-To-Date the Dow is back in the black, and the S&P 500 and the NASDAQ are also up. All three major indices are still meandering back and forth in a trading range, and the guys talk about moving averages and why we’re not yet in a new bull market. Original Money Wise host John Davidson sits in for Jeff this week, and the talk turns political early in the show.
Moving Averages 101With all the tech talk on moving averages, this concept deserves a deeper dive. According to the Corporate Finance Institute, moving averages are technical indicators that investors and traders use to determine the trend direction of securities. Moving averages are calculated by adding up all the data points during a specific period and dividing the sum by the number of time periods. Moving averages help technical traders to generate trading signals.You’ll often hear the Money Wise guys discussing 200-day moving averages and 50-day moving averages. When the market is trading back and forth within these moving averages, you’ll hear the guys call it a trading range - and we’ve been stuck in this one for some time now. Will we come out of it anytime soon? Keep tuning in each week for all the updates!
In the second hour, the Money Wise guys are discussing Retiree Spending Rules. Are you following them? You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
The Bears Are Mauling & The Dangers of Equity Indexed AnnuitiesThe Money Wise guys are back at it, kicking off the show with a review of last week’s numbers from Wall Street. The Dow was down 3.0%, the S&P 500 was down 2.7%, and the NASDAQ was down 3.3%. YTD the Dow is now down 1.0%, with the S&P 500 and the NASDAQ still in the black. The Money Wise guys discuss why the Dow rolled over and went into the red, why they didn’t trust the run-up that January gave us, the hotter CPI, PPI, and CPE numbers, and so much more.
What is the CPE?We mention CPE several times in this episode. It's a buzzword we’ve discussed quite a bit in recent weeks, too, so let’s dig into the details of what it means.
First of all, CPE stands for Consumer Personal Expenditures Index. According to the Bureau of Economic Analysis, the CPE is a measure of prices that people living in the United States, or those buying on their behalf, pay for goods and services. It’s released each month as part of the Personal Income & Outlays report. The PCE price index is known for capturing the impact of inflation across a wide range of consumer expenses. In times of deflation, the CPE captures the impact of lowered inflation, too.
In the past, the Federal Reserve used Core CPE as the most important data point in measuring the impact of inflation and setting monetary policy. However, as we discussed in last week’s show, the CPE has been replaced by the Fed’s newest measure: Supercore Inflation.
In the second hour, the Money Wise guys share warnings as they discuss the very real dangers of Equity Indexed Annuities. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
The Fed’s Latest Measure of Inflation is a New Buzzword: Supercore InflationThe Money Wise guys are back in the studio with another candid episode featuring plenty of analysis and critical questions. They start with last week’s numbers from Wall Street, which saw the Dow down slightly, the S&P 500 down slightly, and the NASDAQ up. All three major indices remain up YTD. The guys are discussing the F Word today - that's right, the Federal Reserve was chock full of data points in their most recent communications, including the invention of a new measurement for inflation. It’s called “supercore inflation” and it seems to replace the previous data points the Fed used to make decisions on monetary policy (Core CPE and CPI). The guys discuss why the Fed has moved the goalposts yet again, getting critical about the decision to use supercore inflation as a metric, and looking at the pros and cons.
A Primer on Supercore InflationIn the past, the Fed used Core PCE as a measure of inflation, which focused on household goods minus food and fuel. Then, they moved to the Consumer Price Index (CPI), which includes goods and services plus food and fuel. Supercore inflation, however, strips out food, fuel, and housing and focuses only on goods inflation and services inflation.
You can learn more about supercore inflation in this recent Forbes article and in this CNN article.
In the second hour, the Money Wise guys share The Best Investment Advice Ever. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management. We have financial advisors in San Antonio & Corpus Christi ready for you to schedule a call.
The Money Wise guys are back again with another rapid-fire market recap. Last week, the Dow was down, the S&P 500 was down, and the NASDAQ was down. YTD the numbers are looking positive, with the Dow up 2.2%, the S&P 500 up 6.5%, and the NASDAQ up 12.0%. There was no economic news last week, though Fed Chairman Powell spoke at a forum and didn’t say anything new. We’re still stuck in a trading range from the technical side, and we’re expecting what could be a hot Consumer Price Index (CPI) number in the coming days. The guys discuss what it may mean, and what the Fed may do next.
In the second hour, the Money Wise guys discuss 10 Myths of Retirement Planning. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
It was another wacky week for the markets and the Money Wise guys are back to talk you through it. The Dow was down, while the S&P 500 and the NASDAQ were up. The guys revisit the NASDAQ’s incredible January performance which, of course, is unsustainable. They review the Fed’s latest moves and statements, which weren’t particularly hawkish or doveish, and try to make sense of the market’s forward outlook.
In the second hour, the Money Wise guys share the ‘Are You Ready for Retirement?’ quiz. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
The original Money Wise guys are back in action for this show, as Joe takes a week off. Last week’s market recap is positive, with all three major indices up. The Dow was up 1.8%, the S&P 500 was up 2.5%, and the NASDAQ was up 4.3%. YTD these three indices are up 2.5%, 6.0%, and 11.0%, respectively. The guys dive into the technicals and discuss why we’re still seeing lighter volume, who exactly is doing all the buying, and whether we will have two back-to-back negative years in the market.
In the second hour, the Money Wise guys talk through the critical differences between a Registered Investment Advisor (RIA) and a broker. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
The Money Wise guys kick off the show with a recap of last week’s numbers from Wall Street, and it was a bit of a mixed bag. The Dow was down 2.7%, the S&P 500 was down 0.7%, and the NASDAQ was up 0.6%. YTD all three indices remain up. The way the year kicked off was not sustainable, and the market seems caught in a trading range it just can’t break through. The guys talk through the technicals, explain why last week’s earnings reports were a salad instead of a main course, and so much more.
In the second hour, the Money Wise guys dig into the importance of understanding Investor Psychology. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
The Money Wise guys are back in the studio with another rapid-fire market recap. Last week, the Dow was up 2%, the S&P 500 was up 2.7%, and the NASDAQ was up 4.8%. YTD all three major indices remain up. John Davidson joins the show once again for the first time in six months, bringing political commentary and sharing his frustrations with the Federal Reserve. The guys also discuss the market’s struggles in 2022 and the silver linings we’re seeing now, as well as moves the Davidson Cap team is making for their clients in order to generate returns.
In the second hour, the Money Wise guys dive deep into What Wall Street Won’t Tell You. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
The Money Wise guys kick off 2023 with a rundown of last week’s numbers from Wall Street. The first four trading days of 2023 showed the Dow up 1.5%, the S&P 500 up 1.4%, and the NASDAQ up 1%. We had our first attack of the Fridays for the year, with what appeared to be due to a short covering rally related to average employment earnings revisions. We’ve still got earnings staring us in the face and upcoming CPI numbers, and a Fed with no immediate plan to stop raising interest rates. The guys discuss it all, plus so much more.
In the second hour, the Money Wise guys discuss the 5 Things Every Portfolio Should Have. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
It’s the last show of 2022, and the Money Wise guys are ready to leave this year in the rearview! Last week saw the Dow down, the S&P 500 down, and the NASDAQ down. In Q4 of 2022, the Dow and the S&P were up, though the NASDAQ was down. YTD, all three indices remain down. It’s a statistic-heavy show, as the guys share where 2022 fell in the historical context of poor stock and bond performance, and they share why they’re looking forward to 2023.
In the second hour, the Money Wise guys share the Retiree Spending Rules you need to know. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
The Money Wise guys are back in the studio on Christmas Eve to share last week’s numbers from Wall Street. The Dow was up 283 points, the S&P 500 was down 8 points, and the NASDAQ was down 208 points. YTD the Dow remains down 8.6%, the S&P 500 is down 19.3%, and the NASDAQ is down 32.9%. We haven’t had a negative December since Q4 of 2018, but we’re looking at some coal in the stocking this year. There was quite a bit of activity in the second to last trading week for 2022, with the algorithms reacting to the Q3 GDP being revised up. The guys discuss why they want to put 2022 in the rearview and never revisit it, what we might expect in 2023, and why you must always approach your investments from a balance philosophy.
In the second hour, the Money Wise guys discuss the Top 10 Myths of Retirement Planning. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Jeff and Joe are in the studio this week to share last week’s numbers from Wall Street. The Dow was 1.7%, the S&P 500 was down 2.1%, and the NASDAQ was down 2.7%. YTD the Dow is down 9.4%, the S&P 500 is down 19.2%, and the NASDAQ is down 31.6%. We’re just a smidge away from Bear Market territory and the Q4 rally seems to be over. With just a few weeks left in the calendar year, the MoneyWise guys share why they don’t expect a Santa Claus Rally at the end of the year, how the markets reacted to last week’s Fed comments, and why Q4 was strong even though we’re approaching Bear Market territory.
In the second hour, the Money Wise guys share the ‘Are You Ready for Retirement Quiz.’ You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
The Money Wise guys kick off this week’s show with a rapid-fire market recap. The Dow was down 2.8% last week, the S&P 500 was down 3.4%, and the NASDAQ was down 4%. YTD all three remain down. We’re back in trading range once again, stuck between the 200-day moving average and the 50-day moving average, and all three major indices are having a positive quarter - though the NASDAQ is still lagging. The guys discuss the role of inflation, last week’s Producer Price Index numbers, and so much more.
In the second hour, the Money Wise guys help you level up with the Best Investment Advice Ever. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
The Money Wise guys are back after a two-week hiatus, during which time there were plenty of ups and downs on Wall Street. Jeff, Joe, and Kyle kick off the show with last week’s market recap, which showed the Dow, the S&P 500, and the NASDAQ all up slightly. Year-to-Date, the Dow is down 5.3%, the S&P 500 is down 14.6%, and the NASDAQ is down 26.7%. November was a good month for investors overall, with plenty of ups and downs as the market showed its emotions about China, the Fed, jobs numbers, and more. The guys hash it all out, while also celebrating Davidson Cap’s 34th year of managing money for investors in Texas, making them well-seasoned like a good Thanksgiving turkey.
In the second hour, the Money Wise guys share crucial information about the dangers of Equity Indexed Annuities. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/e5ea34c2-936e-4d4e-a04d-a837793909ea
Jeff, Joe, and Kyle are back in the studio to kick off the show with a rapid-fire market update. The Dow was up 4.1%, the S&P 500 was up 5.9%, and the NASDAQ was up 8.1%. While all three remain down YTD, investors have enjoyed several positive weeks in a row. The week that just passed was highly influenced by the midterm elections, and the Money Wise guys break it all down and discuss what we might expect to happen next.
In the second hour, the Money Wise guys dive into an RIA vs. Broker discussion to share important differences. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/4976fbf2-0d37-4d3c-b99f-19ec12010b54
Jeff, Joe, and Kyle kick off the show with last week’s market update. The Dow was up 5.7%, the S&P 500 was up 4%, and the NASDAQ was up 2.2%. YTD the Dow is down 9.6%, the S&P 500 is down 18.2%, and the NASDAQ is down 29%. The Dow was really on fire last week - and for the whole month of October. The Money Wise guys discuss the reason for the surge, whether there’s still a shoe to drop, mixed earnings, the upcoming seasonality effect, and so much more.
In the second hour, the Money Wise guys share important lessons on Investor Psychology. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/7e80d607-8d8e-4e06-9d88-d83fa60530f7
Jeff, Joe, and Kyle are back in the studio sharing last week’s market movements. The Dow was up 4.9%, the S&P 500 was up 4.7%, and the NASDAQ was up 5.2%. YTD, all three remain in the red. We had a slight attack of the Fridays last week, with gains across the board at the end of the week. The biggest question is, will it hold? The Money Wise guys discuss the issue from all sides in this engaging episode.
In the second hour, the Money Wise guys pull back the curtain and share What Wall Street Won’t Tell You. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/3c696024-a022-4eae-abfb-f4ee1f4722ec
Jeff, Joe, and Kyle kick off the show with last week’s market recap. The Dow was up 1.2%, the S&P 500 was down 1.6%, and the NASDAQ was down 3.1%. All three indexes remain down in double digits year-to-date. Last week featured a Thursday rip-your-face-off, short-covering, technical bounce rally after the S&P dipped below 3500, but it didn’t hold on Friday. It was one of the top five reversals in history - on absolutely no news. The Money Wise guys discuss what happened, why investors should be thinking about tax-loss harvesting right now, and much more.
In the second hour, the Money Wise guys discuss the 5 Things Every Portfolio Should Have. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/00474688-85ec-43b2-99e2-026e49e90751
Jeff, Joe, and Kyle are back in the studio after a week where we eeked out some gains due to strong Monday and Tuesday buying. The Dow was up 2% on the week, the S&P 500 was up 1.5%, and the NASDAQ was up 0.7%. All three remain down YTD. Above-average buying on Monday and Tuesday led to a week of gains, despite down days later in the week. The Money Wise guys explain why they consider it a short covering rally, and why it was promptly followed by a three-day decline punctuated by remarks from the Fed. They also discuss how the markets reacted to September’s unemployment numbers.
In the second hour, the Money Wise guys share the Retiree Spending Rules you should follow. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/88235277-8d0d-4fb7-b7f4-d298e5586032
Jeff, Joe, and Kyle kick off the show with their customary rapid-fire market recap. Last week saw the Dow down 2.9%, the S&P 500 also down 2.9%, and the NASDAQ down 2.7%. We just finished Q3, which saw the Dow down 6.7%, the S&P 500 down 5.3%, and the NASDAQ down 4.1%. Year-to-date, all three major indexes remain down by greater than 20%, and we’ve hit new closing lows for all three. The guys discuss how September out-performed its own historical downside, ruining an otherwise positive quarter, and where we may go from here. What’s an investor to do? The guys talk it out, covering interest rates, inflation, market algorithms, and much more.
In the second hour, the Money Wise guys share their top 10 Myths of Retirement Planning. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/26aee910-52af-40b5-8f2f-44e7b79012ac
Jeff, Joe, and Kyle are back with another week of market updates and hot takes on the issues that matter most to you. Last week, the Dow was down, the S&P 500 was down, and the NASDAQ was down. It’s more of the same YTD, with all three significantly in the red. The Money Wise guys explain why the old adage of “TINA” is dead, and why something else has come back from the dead - the 60/40 portfolio. The guys talk about why the June low didn’t hold, what the Fed is saying now, and how the Dow got to a new closing low.
In the second hour, get ready to take the “Are Your Ready for Retirement” quiz. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/8681dba2-5364-4793-a75e-7a3252f280f2
Jeff, Joe, and Kyle kick off the show with their customary market update. Last week saw the Dow down 4.1%, the S&P 500 was down 4.8%, and the NASDAQ was down 5.5%. All three remain down YTD. The guys get a bit political as they discuss a tough week for investors, the Consumer Price Index (CPI) numbers, the Fed, and more. They encourage listeners to always “vote your wallet” but spar about economic realities regardless of political party. They dig into why the CPI report was so impactful this time around, the unwinding of call option trades, and the positive moves the financial press didn’t report.
In the second hour, the Money Wise guys share what can only be called “The Best Investment Advice Ever.” You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/4f18061e-9463-4f64-bd2f-9ada1f91ea68
Jeff, Joe, and Kyle are back after a week off - and what a week it was. Though it was a short trading week due to Labor Day, the Dow was up 2.7% last week, the S&P 500 was up 3.6%, and the NASDAQ was up 4.1%. For the year, all three remain in the red. It was the first positive week we’ve seen in the last three weeks but, after an August that was down across the board, it’s clear the market can’t make up its mind. The Money Wise Guys discuss whether Fed-speak is to blame or whether there are other factors at play. They also share the changes Davidson Cap made to their portfolios and the magnitude of interest rate changes so far this year.
In a special second half of the show, the Money Wise continue their discussion on interest rates, balanced portfolios, and more. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/51273fb9-33cf-4869-bd16-f1badbcacedd
Jeff, Joe, and Kyle are in the studio once again to recap last week’s market action. The Dow was down 4.2%, the S&P 500 was down 4%, and the NASDAQ was down 4.4%. YTD all remain down in double digits. Fed chairman Jerome Powell triggered high-frequency trading last week after using the word “pain” twice in the same speech. The MoneyWise guys discuss why this matters and the impact it had. They engage in a lively debate about how much volume matters, what triggered the algorithms, and what we can expect next from the Fed.
In the second hour, the Money Wise guys share reminders on the dangers of Equity Indexed Annuities. Don’t miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/97cdafae-1acc-44e9-b1c1-9f42994804d0
Jeff, Joe, and Kyle are back at it after a week off and they start the show with a look at last week’s market activity. The Dow was down, the S&P 500 was down, and the NASDAQ was down. Year-to-date, the Dow is down 7.2%, the S&P 500 is down 11.3%, and the NASDAQ is down 18.8%. We’ve experienced a little bit of give-back since the summer rally that began in July, and the guys discuss differing opinions on what that may mean. They provide some technical analysis, discuss the 50-day moving average, touch on investor expectations, and much more.
In the second hour, the Money Wise guys pull back the curtain for a discussion on What Wall Street Won’t Tell You. Don’t miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/5b65d47d-0a82-4b04-9ed5-4c19f448d351
Jeff, Joe, and Kyle kick off the show once again with a rapid-fire market update. It was a bit of a mixed bag with the Dow down, the S&P 500 up, and the NASDAQ up. All three major indexes remain down year-to-date. Most of the action last week occurred on Friday, and the Money Wise guys discuss the economic drivers that lead to it. They also discuss why the market sometimes interprets good news negatively, a U6 unemployment rate record, and much more.
In the second hour, the Money Wise guys share the important differences between an RIA vs. a Broker. Don’t miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/f8ed8246-ac07-432a-b05a-b3ec00d5e5cc
Jeff, Joe, and Kyle are back and bringing you another rapid-fire market recap. Last week, the Dow was up 3.0%, the S&P 500 was up 4.3%, and the NASDAQ was up 4.7%. Year-to-Date, the Dow is down 9.6%, the S&P 500 is down 13.3%, and the Nasdaq is down 20.8%. However, July was a big month and all three major indexes ended in the positive on the final trading day of the month. It’s still too early to call the bottom, though we saw a very nice rally last week. The guys share how to dip your toes slowly back into the stock side of the portfolio, and they also discuss the most recent Federal Reserve meeting and big tech earnings.
In the second hour, the Money Wise guys share helpful information on Investor Psychology. Don’t miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/f3705936-6288-4c71-9da0-42c9d856b7d8
Jeff, Joe, and Kyle are back in the studio with another rapid-fire market recap for last week. The Dow was up 2%, the S&P 500 was up 2.5%, and the NASDAQ was up 3.3%. Though it was a positive week, all three major indexes remain down year-to-date. We enjoyed a nice four-day rally last week, followed by an attack of the Fridays caused by a tipping domino in the tech world. The guys discuss the details and also share their irritation about so many analysts saying that the bottom has been put into the market.
In the second hour, the Money Wise guys discuss 5 Things Every Portfolio Should Have. Don’t miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/83892088-3730-4bea-b9ae-867f075a6391
Jeff, Joe, and Kyle are back at it, starting the show with a market recap that shows all three major indexes down again. The Dow, the S&P 500, and the NASDAQ also remain down YTD. The week was far less negative than it would have been without such a positive Friday, driven by some earnings numbers from stocks and banks. The market also showed some optimism on information from the PPI and its input components, though we saw some CPI hand-wringing. In this episode, the Money Wise guys discuss the possibility of the Fed raising interest rates by a full percent by the end of July, whether we’re starting to see the effects of the Fed’s recent moves, and much more.
In the second hour, the Money Wise guys discuss the Retiree Spending Rules you should follow. Don’t miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/bd6b905b-1bf6-4bca-8b6c-2ee7662c9fe5
Jeff, Joe, and Kyle kick off the show with their traditional market recap, and the numbers are a bit more positive as we enter the third quarter of 2022. The Dow was up 0.8%, the S&P 500 was up 1.9%, and the NASDAQ was up 4.6%. All three indexes remain down YTD. Investors experienced a bit of relief across the major indexes last week, though we’re still in a bear market. The Money Wise guys discuss the employment report, the S&P 500’s resistance point, the continued downward slope amid aggressive downs and rebounds, the Fed minutes, and more.
In the second hour, the Money Wise guys dive into an important investor education topic and share the 10 Myths of Retirement Planning. Don’t miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/98594517-f54e-415f-a995-7904262c7290
Jeff, Joe, and Kyle are back with another rapid-fire market recap. The Dow was down 1.3% last week, the S&P 500 was down 2.2% and the NASDAQ was down 4.1%. All three indexes were down for the second quarter of 2022 by double digits. It was the worst quarter since the first quarter of 2020 when COVID-19 hit, and the worst 6 months of the year for the S&P 500 since 1970. In short, it was a brutal second quarter. The MoneyWise guys discuss the portfolio changes they made, and why sometimes all you can do is play defense and put your shields up.
In the second hour, the Money Wise guys help you determine whether you’re ready to leave the working world with the Are You Ready for Retirement Quiz. Don’t miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/3fa2f234-403f-4e7b-8d76-e6605d4518a4
Jeff, Joe, and Kyle kick off this week’s show with a market recap that is distinctly more positive than the last few weeks. The Dow was up 5.4%, the S&P 500 was up 6.4%, and the NASDAQ was up 7.5%. All three indexes remain down in double digits YTD. The market gave us a reprieve this week from the big, hairy, smelly bear market as if it was hit with a tranquilizer dart for a short time. The Money Wise guys discuss Friday’s rip-your-face-off rally, how rebalancing came into play, and what they’re talking about in their portfolio strategy meetings.
In the second hour, the Money Wise guys dig into important investor education topics and share the Best Investment Advice Ever. Don’t miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/23136700-e065-4f40-9970-24615cf3d302
Jeff, Joe, and Kyle are back at it, this time with a decisively unpleasant market recap. Last week saw the Dow down 4.8%, the S&P 500 down 5.8%, and the NASDAQ down 4.8%. The year-to-date numbers show those three indexes down 17.7%, 22.9%, and 31%, respectively. The S&P 500 officially crossed into bear market territory - a big, hairy, smelly bear - and now we’re all wondering how long it will last. With many predictions being thrown around, what’s an investor to believe? The guys talk dollar-cost averaging, how close we may be to the bottom of the market, earnings, the history of bear markets, and more.
In the second hour, the Money Wise guys share the considerable danger of Equity Index Annuities, sometimes called “hybrid” annuities. Don’t miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/5ad6c6d7-89aa-4d7e-a9f5-4a5dda5296fe
Jeff, Joe, and Kyle are here with another review of last week’s market movements. The Dow was down 4.6%, the S&P 500 was down 5%, and the NASDAQ was down 5.5%. Year-to-Date, the Dow is down 13.6%, the S&P 500 is down 18.2%, and the NASDAQ is down 27.5%. Though we spent the last few trading weeks in the “market cha-cha,” we reached a lower leg last week. The CPI came out on Friday and it was a market-moving number because it had not substantially improved. The Money Wise guys talk about the Thursday sell-down that continued into Friday, how inflation was slightly hotter than expected, and the Fed’s upcoming interest rate increase.
In the second hour, the Money Wise guys discuss the important differences between a Registered Investment Advisor (RIA) and a Broker. Don’t miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/4c18fe2f-f1f6-4228-88da-e6ff707951d4
Jeff, Joe, and Kyle are back at it with a rapid-fire market review to start the episode. The Dow was down last week by just shy of 1%, and the S&P 500 and the NASDAQ were down a little more than 1%. On the year thus far, all three indexes remain down. In yet another attack of the Fridays, we saw a largely positive week end in the red, and the guys share why the Federal Reserve’s continued moves are causing volatility. The Money Wise guys discuss quantitative tightening, roll-off, and adding liquidity back onto the marketplace.
In the second hour, the Money Wise guys are sharing the science on Investor Psychology. Don’t miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/65039537-e235-4063-9066-93e6c82d3104
Jeff, Joe, and Kyle are back in the studio to recap last week’s rally. The Dow was up 6.2%, the S&P 500 was up 6.6%, and the NASDAQ was up 6.8%. Despite the strong week, each of these major indexes remains down year-to-date. We’re still seeing light volume, which means there’s still not much conviction on the sell side or on the buy side. So, the ultimate bottom may still be in front of us. The guys share what this might mean for investors with cash on the sidelines.
In the second hour, the Money Wise guys discuss how Lower Rates Take a High Toll on Retirement. Don’t miss this valuable insight! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/eceeef99-ff90-472b-8b02-40628d90c075
Jeff, Joe, and Kyle are back to analyze another week’s market movements. The Dow was down 2.9%, the S&P 500 was down 3.0%, and the NASDAQ was down 3.8%. All three indexes are still in the red for the year. It was another tough week on Wall Street, but the Money Wise guys discuss a ray of sunshine that came late Friday. They examine the big reversals and discuss possible reasons, including options expiration day. The guys also share what the analysts are saying about a potential retracement, and the gamut of reasons retail earnings significantly missed their expectations.
In the second hour, the Money Wise guys discuss the Five Things Every Portfolio Should Have. Don’t miss this valuable information! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/745eab79-d307-44b9-8c37-477159a011b6
Jeff and Kyle are back in the studio kicking off the show with a rapid-fire recap of last week’s major market indexes. The Dow was down 2.1%, the S&P 500 was down 2.4%, the NASDAQ was down 2.8%. All three indexes are down by double-digits year-to-date. The Money Wise guys discuss the somber numbers, as well as how the market reacted to last week’s reports from the Consumer Price Index and Producer Price Index. They also weigh in on the Fed’s transparency and their attempts to bring the economy in for a soft landing.
In the second hour, the Money Wise guys share the Retiree Spending Rules you should be following for a financially secure retirement. Don’t miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/e116bef9-4477-4898-9ddc-26fa61f72fdc
Jeff, Joe, and Kyle are back again this week with their customary market recap. The Dow was down, the S&P 500 was down, and the NASDAQ was down. Year-to-Date, all three indexes remain down, as well. It was a very volatile week that included a rip-your-face-off rally, then a rip-your-face-off retraction, and a low close for the year for the S&P 500. The guys discuss what’s happening, the most recent Federal Reserve meeting, inflation, and what’s driving current investor sentiment.
In the second hour, the Money Wise guys are tackling 10 Myths of Retirement Planning to set the record straight and help you stay on track. Don’t miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/73c112a9-2ba9-4e6c-803c-748cb89adb79
Jeff, Joe, and Kyle are back with another jam-packed show, starting with a rapid-fire market recap. Last week, the Dow was down 2.5%, the S&P 500 was down 3.3%, and the NASDAQ was down 3.9%. All three indexes remain down YTD. We experienced another “attack of the Fridays” last week, leading to several low closes for the year - at least so far. The guys review why you have to be prepared for times like this and discuss whether there are more troubling times to come. They talk worst case scenarios and discuss the Fed’s moves, including the possibility of a shock-and-awe interest rate increase as the Fed governors try to engineer a soft landing for investors.
In the second hour, the Money Wise guys share the ‘Are Your Ready for Retirement?’ quiz to help you determine where you stand. Don’t miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/4ffcf445-cfb2-484a-8168-2218d0181ac4
Jeff, Joe, and Kyle kick off this week’s show with a detailed market recap. The Dow was down 1.9% last week, the S&P 500 was down 2.8%, and the NASDAQ was down 3.8%. Year-to-date, the Dow is down 7.0%, the S&P 500 is down 10.4%, and the NASDAQ is down 17.9%. The week started relatively strong with a nice rally on Tuesday, but the remainder of the week was impacted by many of the Fed governors speaking publicly. It’s hard for the market to discount twice on the same piece of news, yet it happened last week based on the clear message that interest rates will increase by half a percent in May. The guys also share some earnings news and a warning about investing in subscriber-based companies.
In the second hour, the Money Wise guys review The Best Investment Advice Ever. Don’t miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/36dc1c56-3f63-400a-899f-9b48585ebf79
Jeff, Joe, and Kyle are back at it with a recap of last week’s market movements. The Dow was down, the S&P 500 was down, and the NASDAQ was down, as well. All three indexes remain down on the year. The Money Wise guys discuss the trading pattern we seem to be stuck in, moves the Federal Reserve may make with respect to interest rates, and how the market could react. The guys dig into technical charts, quantitative tightening, and the trading range - all while parsing whether or not the S&P 500 has reached its trough. In the second hour, it’s all about investor education as the Money Wise guys share important warnings about the dangers of Equity Indexed Annuities. Don’t miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/8f21cf96-71a4-42e1-b9f1-3c2e7cfd08c4
Jeff, Joe, and Kyle kick off the show with a recap of last week’s major market indexes. The Dow was down slightly, the S&P 500 was up slightly, and the NASDAQ was up incrementally. They also recap the month of March, as well as the first quarter of 2022. In true Money Wise fashion, the guys pull back the curtain on the conversations portfolio managers have behind closed doors, and how they make decisions in real-time market conditions. They also get technical and discuss the recent chatter about inverted yield curves and the possibility of a recession.
In the second hour, the Money Wise guys discuss the differences between an RIA and a broker. Don’t miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/b3eba1aa-e94b-4af8-b5a9-e09a13e11cb4
Jeff, Joe, and Kyle are back at it for another value-packed episode for investors. They begin with a rapid-fire recap of last week on Wall Street, which saw the Dow up, the S&P 500 up, and the NASDAQ up, as well. YTD, all three remain down in single digits. The Money Wise guys share why the last eight trading days have proven quite interesting - as well as what this retracement means. They discuss why volatility continues, and what we can expect as earnings news is upon us.
In the second hour, the Money Wise guys share insight on Investor Psychology - and why understanding your own can make you a more successful investor. Don’t miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/175444d3-1834-465a-bb75-cd8e8a6a5630
Jeff, Joe, and Kyle begin this week’s show with their customary breakdown of last week’s market movements. The Dow was up 5.5%, the S&P 500 was up 6.2%, and the NASDAQ was up 8.2%. Despite one of the strongest weeks the markets have had since November of 2020, all three indexes remain down year-to-date. The guys discuss the four-day rally, dig a bit into the technical weeds, and encourage investors to temper their enthusiasm from this rally due to the continued cloudiness in the markets. They share what inflation data and the Fed’s monetary policy may bring, and why we never know we’re in a recession until we’re out of it.
In the second hour, the Money Wise guys discuss how Lower Rates Take a High Toll on Retirement. Don’t miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/dac3a5f9-9c14-4de5-a373-b04d0da5343a
Kyle, Jeff, and Joe are back at it again this week with their customary rapid-fire commentary on everything that’s happening on Wall Street. This past week has shown more volatility with the Dow down 2%, the S&P 500 down 2.5%, and the NASDAQ down 3.5%. Year to date, the Dow is down 9.3%, the YTD S&P 500 is down 11.8%, and lastly, the YTD NASDAQ is down 17.9%. The guys take some time to analyze whether they think current trends are a direct consequence of the crisis in Ukraine or if they believe that it’s a continuation of market corrections that we witnessed earlier in the year. For the Money Wise Guys, this is beginning to look like a trader’s market and they discuss the conversations and steps that they’ve already begun taking in order to rebalance portfolios and make some changes to their client's investments in order to capitalize on the state of the market.
In the second hour, The Money Wise Guys go deeper into how investors can be smart with their investments by covering the 5 Things Every Portfolio Should Have. Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/1b22b1ce-9848-4748-b973-cff5d49c0d46
The Money Wise Guys are back! The market had another incredibly volatile week: The Dow was down 1.3%, the S&P 500 was down 1.27%, and the NASDAQ down 2.78%. YTD The Dow is down 7.5%, the YTD S&P 500 is down 9.18%, and lastly, the YTD NASDAQ is down 14.9%. The Markets continue to respond to the current unstable Ukraine/Russia crisis and unprovoked war. The guys discuss how both covid compounded with green energy policies have contributed to inflation in the United States.
In the second hour, The Money Wise Guys cover "Retiree Spending Rules” that every retiree can benefit from. Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/c660ab0c-2e69-4708-a803-bbc460661438
Jeff, Joe, and Kyle kick off the show with a rundown of last week’s market movements. The Dow was down slightly, the S&P 500 was up, and the NASDAQ was up. All three indexes remain down YTD, with the NASDAQ falling the farthest behind at a 12.5% loss thus far in 2022. It was a wild week, with a nearly 1,800-point reversal of the Dow from the opening on Thursday to the close on Friday. On Friday, the Dow rallied at an accelerated pace and had its best day since November 2020. The guys discuss the impact of the Russia-Ukraine conflict, portfolio strategy, and so much more.
In the second hour, the Money Wise guys share the 10 Myths of Retirement Planning that trip up many retirees. Don’t miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/fb17324a-4de5-4f8c-bc05-12705995e2f8
Jeff, Joe, and Kyle begin this week’s show with their customary rapid-fire market recap. The Dow was down 1.9%, the S&P 500 was down 1.6%, and the NASDAQ was down 1.8%. All three indexes remain down YTD also. It was the week of the rise of the machines, with lots of downward movement taking place on Thursday. The Money Wise guys discuss the lower volume in the S&P 500 and how less participation exacerbates moves in the market. They also discuss the one thing that is always present in the investment equation at some level: geopolitical risk. They talk about why it’s hard to hedge against and share one hedging strategy that is always the wrong choice. The guys also remind us why it’s important to control our emotions and always know what we own.
In the second hour, the Money Wise guys take you through the ‘Are Your Ready for Retirement’ Quiz. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/20ac979f-3ffd-4715-9791-901123f4a9ef
Jeff, Joe, and Kyle are back with another market update. Last week, the Dow was down 1%, the S&P 500 was down 1.8%, and the NASDAQ was down 2.2%. Year-to-Date, all three indexes remain down. The guys discuss what happened on Thursday to cause an abrupt about-face in the markets late in the week, what’s happening with so-called darling tech stocks, and why some retail investors are getting spooked.
In the second hour, the Money Wise guys share their Best Investment Advice Ever. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/2fbe9a56-4d48-4777-b812-dea873d4668b
Jeff, Joe, John, and Kyle kick off the show with a look back at last week’s market movements. The Dow was up 1%, the S&P 500 was up 1.5%, and the NASDAQ was up 2.4%. All three major indexes remain down YTD, with performance for the month of January being the worst we’ve seen in a few years. The guys discuss why it was a wild earnings week for some of the big name stocks, why they think the market is still in search of its support level, and why we’re seeing fits and starts this year.
In the second hour, the Money Wise guys revisit a critical investor education topic - Equity Indexed Annuities. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/84d0e60c-587f-4375-a9f9-a01ba51d81b4
Jeff and Kyle are joined by their father, John, this week. The trio begins the show with a recap of last week’s market movements. The Dow was up 1.3%, the S&P 500 was up 0.8% and the NASDAQ was flat for the week. All three indexes remain down YTD. The entire week was made on the last day of the trading week, but there is a broader story that isn’t showing up in the numbers. The Money Wise guys share their takes, with some market history, as well. They discuss the most recent Federal Reserve meeting and the reaction from the financial entertainment press, as well as what most people missed from the Fed Chairman’s remarks.
In the second hour, the Money Wise guys discuss a critical investor education topic - The Difference Between a Registered Investment Advisor and a Stockbroker. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/6ac1d4a3-250d-4d36-8589-4197be7629b5
Jeff, Joe, and Kyle kick off this week’s episode with last week’s market recap. The Dow was down 4.6%, the S&P 500 was down 5.7%, and the NASDAQ was down 7.6%. All three major indexes remain in the red YTD. The last 14 trading days have seen a significant market decline - more than 12% for the NASDAQ - and the Money Wise guys discuss why it’s important to check your emotions at the door. They provide long-term perspective, review the dangers of complacency, and discuss why corrections are a natural part of the market cycle.
In the second hour, the Money Wise guys discuss Investor Psychology. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/7525e3c2-811d-4c5d-8431-9f0e7215ec80
The Money Wise guys are kicking off the show with their customary market recap. The Dow was down last week, as were the S&P 500 and the NASDAQ. Year-to-date, all three major indexes remain down. So far, 2022 is living up to its billing as a more volatile year for investors. There’s an almost daily rotation in and out of different industrial sectors causing more volatility, but the good news is that the NASDAQ doesn’t seem to be moving past its 200-day moving average. Jeff, Joe, and Kyle also discuss the continued impact of profit-taking, speed of mobility, and why the market may be primed for a more substantial correction this year.
In the second hour, the Money Wise guys discuss how Lower Returns Take a High Toll on Retirement. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/f89fd2a5-6ded-4f89-b38f-88668984b5b6
Jeff, Joe, and Kyle are joined this week by special guest John Davidson. The Money Wise guys start the show with last week’s market recap, which showed all three major indexes were down to start 2022, with the NASDAQ really taking it on the chin. The guys discuss how rebalancing and profit-taking can often cause volatility, but the Federal Reserve meeting minutes from December also precipitated more selling last week. The guys further discuss how the Fed raising interest rates could impact the economy and the fact that we are overdue for a market correction.
In the second hour, the Money Wise guys review the Five Things Every Portfolio Should Have. You don’t want to miss it! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/71ed12df-c635-4571-aaa0-bd173d70a3cd
Jeff, Joe, and Kyle are kicking off the new year with a look back at the markets in 2021, as well as a recap of last week’s numbers. To end the year, the Dow was up, the S&P 500 was up, and the NASDAQ was down. Final numbers for the year, without dividends reinvested, show that the markets had a pretty spectacular year. The Dow was up 18.7%, the S&P 500 was up 26.9%, and the NASDAQ was up 21.4%. The Money Wise guys review which predictions they came close on, which missed the mark, and what they think investors can expect from 2022. They also share why now is the time to take stock of your portfolio and not rely on a “set it and forget it” approach.
In the second hour, the Money Wise guys review their Retiree Spending Rules. You don’t want to miss it! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/28786e34-e4ec-413c-8700-f97769b4dad6
Jeff, Joe, and Kyle are back this week with a rapid-fire market recap. Last week, the Dow was down, the S&P 500 was down, and the NASDAQ was down. However, it’s been a strong year and all three major indexes remain up in double digits year-to-date. It was all about the Fed this past week, and particularly the FOMC decisions. The week began with selling the rumor, evolved to buying on the news, then saw more selling at the week’s end. The Money wise guys discuss the “why” of it all and help listeners set market expectations for 2022.
In the second hour, the Money Wise guys share 10 Myths of Retirement Planning. You don’t want to miss it! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/c9074837-1978-4ac0-87b1-3f5fa00f0d0e
Kyle and Joe kick off this week’s show with a quick market recap. It was a strong week of recovery after last week’s disappointing performance. The Dow was up, the S&P 500 was up, and the NASDAQ was up. The market seems to have bounced back from the Fed’s comments to Congress several weeks ago, and it’s responding well to favorable news from the CDC regarding the Omicron variant. The only thing remaining on the calendar for the rest of the year is the Federal Reserve policy meeting scheduled for December 14-15. If you have a lot of cash on the sidelines at the moment, cool your jets until we hear what the Fed plans to do with accelerated tapering. The Money Wise guys share historic interest rate data and discuss what it can teach us today, as economists and analysts are not in agreement about what we can expect from interest rates in 2022.
In the second hour, the Money Wise guys ask Are You Ready for Retirement? Use their quiz to help you determine where you stand. You don’t want to miss it! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/68fb6554-8fba-4e58-be70-e316d5c7d965
Jeff, Joe, and Kyle are back in the studio this week to share last week’s numbers from Wall Street. The Dow was down 4.8%, the S&P 500 was down 3.4%, and the NASDAQ was down 5.5%. All three indexes remain up by double digits YTD, though we saw the worst Black Friday market performance in history. It’s clear that the market has reacted to the Omicron variant, and the Fed’s more hawkish remarks on tapering have some investors back on the panic-selling hamster wheel we’ve seen with other variants. With the market riled up and volatility in spades, the Money Wise guys are your voice of reason amidst all the noise.
In the second hour, the guys share important differences in types of investment professionals as they discuss Registered Investment Advisors vs. Brokers. Don’t miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/5bbb9714-f199-4ef8-a9c1-60193445d6b9
The Money Wise guys know that savvy investing requires continuous education. That’s why they’re sharing two special topics of interest this week. In the first hour, they bring you the transparency you need by telling you what the big brokerage firms won’t. In the second hour, they dig into behavioral finance and explain how you can ensure you’re making investment decisions based on logic and data - rather than emotions.
Don’t miss the details as the Money Wise guys pull back the curtain on Wall Street - and on your own investor behavior! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/71d0e0cb-484b-4fc9-bdc5-86788aa0faa3
In this special investor education episode, the Money Wise guys pull the curtain back on Wall Street and share more transparency with investors. Why? Well, the big brokerage firms aren’t telling you everything you need to know. Luckily, the Davidson Capital Management team has spent more than 30 years reviewing prospective clients’ portfolios, and they’ve noticed recurring themes. In this episode, the Money Wise guys share the questions you should be asking, how to dig deeper into your portfolio instead of taking it at face value, and when to get a second opinion.
Don’t miss this value-packed deep dive! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/eed4aae0-f81e-4c3a-b26d-ae99d225d388
Jeff and Joe start the show with a market recap from last week. The Dow was down, the S&P 500 was down, and the NASDAQ was down - though each by less than 1%. All three indexes remain up by double digits on the year. Last week’s numbers were all about inflation, as the Producer Price Index showed a rise of 8.6% year over year, which met expectations. The Consumer Price Index showed an increase of 6.2% year over year, which was slightly higher than expectations and the highest change since 1990, but the market had a muted reaction. The Money Wise guys discuss market hurdles between now and the end of the year, and what they could mean for your portfolio.
In the second hour of the show, the Money Wise guys are focused on investor education. They share the Best Investment Advice Ever. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/bb62ef73-7704-40bf-9df6-1f035464c843
Jeff, Joe, and Kyle open the show with a market recap from the previous week. The Dow was up 1.4%, the S&P 500 was up 2%, and the NASDAQ was up 3.1%. Year-to-Date, all three indexes are up more than 20%. In other good news, we are having quite a 4th quarter rally, but the real question is... why? The Money Wise guys review the possible answers, including recent big cap tech earnings, new language around inflation, and the fact that the Federal Reserve delivered exactly what the market wanted - a taper beginning this month.
In the second hour of the show, the Money Wise guys tell you what you need to know about 401(k) Rollovers. Don’t miss the details! You can tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/b053bf80-603d-4de6-adf4-712155f3ccf3
Jeff, Joe, and Kyle are back with their customary update on last week’s numbers from Wall Street. The Dow was up, the S&P 500 was up, and the NASDAQ was up also. All three remain up in double-digits YTD. We just finished the first month of Q4, and it was a big month for the markets. For October, the Dow was up 5.8%, the S&P 500 was up 6.9%, and the NASDAQ was up 7.3% on the month. All three closed on Friday at all-time highs. It was a big week for earnings, though Apple and Amazon didn’t produce the earning investors had hoped. The market took it in stride and now we look to next week to see what may happen when the Federal Reserve meets on Wednesday. They are likely to finally announce the exact day the taper will begin, and the Money Wise guys discuss how the market may react.
In the second hour of the show, the conversation focuses on Equity Index Annuities. Don’t miss the details! You can tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/057641ec-b986-44fa-bf58-f4e7659c4c79
Jeff, Joe, and Kyle dive into last week’s market numbers, which showed the Dow up 1.1%, the S&P 500 up 1.6%, and the NASDAQ up 1.3%. All three indexes remain up in double digits year-to-date. It’s earnings season, and the Money Wise guys explain how the market is absorbing the information thus far. Though there was some hand wringing coming into the Q3 earnings report, EPS growth and revenues are coming in above estimates - and above the five-year average. Still, it remains to be seen whether the big-name stocks like Apple and Facebook will deliver. The guys spar about their relevance, and about who will better navigate the market’s choppy seas, and they remind us of the importance of taking a long-term perspective with your portfolio. In the second hour of the show, the Money Wise guys discuss a problem many investors are facing - lower rates that are taking a high toll on retirement savings. Don’t miss the details! You can tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/1b1d983d-bfdc-4fd4-ae15-a4a614576923
Jeff, Joe, and Kyle begin the show with their customary run-down of last week’s market numbers. The Dow Jones was up, the S&P 500 was up, and the NASDAQ was up, as well. YTD, the Dow is up 15.3%, the S&P 500 is up 19%, and the NASDAQ is up 15.6%. The guys revisit discussions on inflation, “barbell strategy,” supply chain bottlenecks, and a schizophrenic market that shows different industries taking the lead week in and week out. It all makes for less market clarity and stands as a good reminder that there is no road map as we continue to recover from the COVID-19 pandemic. As the Money Wise guys remind us, we are once again seeing proof of the importance of diversification.
In the second hour of the show, the Money Wise guys share the Five Things Every Retirement Portfolio Should Have. Don’t miss the details! You can tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/ef944f53-200f-475f-8041-54d997583ce7
Jeff, Joe, and Kyle start the show with a rundown of last week’s numbers from Wall Street. The Dow was up, the S&P 500 was up, and the NASDAQ was up. All three indexes remain up year-to-date. This week did see the NASDAQ suddenly in last place, likely due to the changing interest rate environment and hand-wringing about the political theatre unfolding in Washington around the debt ceiling. The guys also discuss the disappointing September jobs numbers and the reasons for changes in the unemployment rate. They also share their take on the data points investors should be watching that actually influence the market, and what to think about so many recent interest rate head-fakes.
In the second hour of the show, the Money Wise guys share their advice on Retiree Spending Rules. Don’t miss the details! You can tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Jeff, Joe, and Kyle kick off the show with a rundown of last week’s market movements. Wall Street saw the Dow down, the S&P 500 down, and the NASDAQ down, as well. Year-to-Date, all three indexes remain up by double digits, though they are all about 4% off their all-time highs, as well. The Money Wise guys recap Q3, which looked good until September came along, and they share why investors should buckle their seatbelts for October. As always, the guys share the importance of preparing your investor mindset because emotions can do more damage to your portfolio than the markets ever will.
During the second hour, the Money Wise guys share the Top Ten Retirement Planning Myths that can set you up for failure. Don’t miss the details! You can tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/c6e6114c-bf4f-4ba4-93e5-32d607d92fd2
Jeff, Joe, and Kyle are back this week, kicking off the show with last week’s market recap. The Dow was up, the S&P 500 was up, and the NASDAQ was unchanged. All three indexes remain up YTD, though all three are also slightly down from their 52-week highs. The week was anything but typical, though at the end of the week it appeared fairly typical to those who hadn’t been paying attention. We saw a bit of a corrective move at the beginning of the week, but it was mostly recovered by Friday. The Money Wise guys dig into the market movement and revisit their discussions around low volume and our current oversold condition. They also discuss Q3 gains, despite market seasonality impacting investors.
During the second hour, the Money Wise guys talk 401(k) rollovers. Don’t miss it! You can tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/4562998c-965e-4ede-b8e3-6096255bf11a
Over the weekend we reflected on the sobering tragedy that took place on September 11, 2001. Each year that passes, the impact gets a little farther away, but we will never forget about the lives lost and the people who took those lives. We all take a pause to memorialize this somber day and those who perished that day.
The markets too, have taken a pause this past week with Wall Street observing the 20th anniversary of 9/11 on Friday in the heart of New York City. The DOW, S&P, and NASDAQ were all down this last week, but it is important to remember that those markets are all up in the double digits year to date. Trading volume is low at the outset of September but that is likely due to the labor day weekend and the 9/11 memorial weekend.
The Federal Reserve has been hinting there won't be much change to interest rates anytime soon. But there is a possibility that the high inflation rate may force their hand to raise rates.
The producer price index has increased dramatically year over year to date. Much of this is due to the supply chain constraints that are a direct result of the slow return of workers to the labor force. While the additional federal unemployment benefits have been discontinued as of September 1, we will likely see the return to the workforce ramp up but it may take several months to see it have a positive impact on the supply chain.
To find out more, take a listen to this weekend's episode.
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Episode Notes Jeff, Joe, and Kyle are back this week, with Jeff kicking off the show with last week’s market recap. The Dow was down, while the S&P 500 and the NASDAQ were up. They also recap the month of August, which showed all three indexes up. All three remain in the black YTD also. The S&P 500 and the NASDAQ both reached several all-time highs last week. The guys also discuss the continuing churn in the market, a slight increase we’re seeing in interest rates, wage inflation, and the disappointing job numbers for August.
During the second hour, the Money Wise guys share their “Are You Ready for Retirement” Quiz. Don’t miss it! You can tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/967e7489-16d3-48da-80fa-4ac24e705ba9
Episode Notes Jeff and Joe kick off this week’s show with their traditional market recap from the past week. The Dow was up, as were the S&P 500 and the NASDAQ. All three indexes are in the black YTD. The Money Wise guys reflect on a solid week for the markets, and the Friday rally that came even in the face of rising geopolitical risk that is still playing out. With the waters always a bit murky in the investment ocean, they share their take on how investors should handle ever-present uncertainty.
During the second hour, the Money Wise guys discuss a topic on many investors’ minds: Registered Investment Advisor vs. Broker. Don’t miss the details! Tune in for the full discussion at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/ac821e49-7c03-47bc-abd0-464aaafae75e
Episode Notes Jeff, Joe, and Kyle are back this week, kicking off the show by recapping last week’s market movements. The Dow Jones was down slightly, as was the S&P 500 and the NASDAQ. All three indexes remain in the positive YTD, though they seem to be feeling the effects of the summer doldrums that are typical for August. The Money Wise guys remind us that August’s lighter volume creates higher volatility days, and Jeff enters “the feelings corner” momentarily, only to remind us that following your emotions leads to bad financial decision-making. The guys also share their predictions for the short-term and beyond.
During the second hour, the Money Wise guys discuss Investor Psychology. You don’t want to miss it! Tune in for the full discussion at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/03c9d6b6-c12d-43fb-a541-ce8cddcbed5a
Episode Notes Joe and Kyle kick-off the show with last week’s market recap, which saw the Dow Jones up on the week with a record close on Friday and the S&P 500 also up with a record close on Friday. The NASDAQ was very slightly down. All three indexes remain up YTD. We seem to be entering the summer slog, where we can expect low volatility and a very narrow margin of stocks pushing the market higher. If you have a higher level of cash sitting on the sidelines, the Money Wise guys suggest moving slowly and deliberately as you build stock positions in your portfolio. The guys share interesting market history, including the “stock market cha-cha” of 2014-2015. They also discuss why they are more cautious in their optimism for the market at the moment.
During the second hour, the Money Wise guys share the Best Investment Advice Ever. You don’t want to miss it! Tune in for the full discussion at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/4591411d-41a1-4720-8c84-d98b9dfb4b16
Episode Notes Jeff, Joe, and Kyle begin by sharing last week’s market recap, which saw the Dow Jones up, S&P 500 up, and the NASDAQ up. All three indexes remain up YTD, and both the Dow and S&P 500 closed last Friday at all-time highs. The guys discuss barbell portfolios, and how to keep your portfolio moving forward in a market that’s moving sideways. Plus, they discuss the progression of the markets this year, what changed in the second quarter, and what we’re seeing with regard to overall portfolio performance in the first five weeks of the third quarter. Plus, Joe brings statistical color to the growth versus value differential discussion, and the guys explain what’s driving the S&P 500’s earnings at the moment.
In the second hour, the Money Wise guys dig into Equity Index Annuities. You don’t want to miss the details! Tune in for the full discussion at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/4feb5d53-34e9-4842-9245-902d59bd7e83
Episode Notes Jeff, Joe, and Kyle kick off the show with last week’s market recap. The Dow, the S&P 500, and the NASDAQ were all down on the week, though all three were up for the month of July. It was also the sixth month in a row that the S&P 500 has been positive. This is leaving some investors with questions about whether there’s a significant corrective move forthcoming. The Money Wise guys discuss the possibilities and remind us that, even if a correction is on the horizon, not all corrections lead to a multi-year bear market as we’ve seen in the last few decades.
This week’s topic for the second hour of the show is: Lower Returns Take High Toll on Retirement. You won’t want to miss it! Tune in for the full discussion at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/e7dda2f8-7d3f-4af4-a4ed-6d48ded63bba
Episode Notes Jeff, Joe, and Kyle are back this week with more straight-talk on the markets, starting off the show with a recap of the major indexes last week. The Dow Jones, the S&P 500, and the NASDAQ were all up last week, and all three remain in the black YTD, too. The Money Wise guys discuss the wild week Wall Street experienced and how congressional subcommittee testimony and televised talking heads contributed to a flurry of selling - followed by a rally later in the week. Plus, the guys discuss TINA scenarios and what the Delta variant may mean for Wall Street.
During the second hour of the show, the Money Wise guys share the five things every portfolio should have. You can tune in for the full discussion at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/44ccb8f7-7b57-4df1-a1e3-d2a6be81ee31
Episode Notes Joe and Kyle steer the ship without Jeff this week, starting off by sharing last week’s market recap. The Dow Jones, the S&P 500, and the NASDAQ were all down last week, with the NASDAQ falling the furthest at 1.87%. All three indexes remain up YTD. Inflation is impacting the market, particularly in the tech sector, and Jerome Powell’s testimony to Congress was not clear on whether this period of inflation will be transitory. The guys also discuss potential wage inflation and getting unemployed workers back into the workforce once extended unemployment benefits run out.
During the second hour of the show, the Money Wise guys focus on investor education. This week’s topic is retiree spending rules. You can tune in for the full discussion at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/20af555a-7ed6-45e2-a781-4cd7d22ab53e
Episode Notes Jeff, Joe, and Kyle begin the show as always with a market recap for the prior week. They also share year-to-date numbers for the Dow Jones, the S&P 500, and the NASDAQ, all of which are up YTD. The guys discuss “the week of the Treasury market” and continuously dropping interest rates, with a discussion about what the bond market is trying to tell us at the moment. They also dig into whether the COVID-19 Delta variant is impacting the market.
During the second hour of the show, the Money Wise guys are talking retirement. Specifically, they bust ten common retirement planning myths. You can tune in for the full discussion at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/f298ea49-f09b-4a7c-880a-8dd51b110dfd
Episode Notes With all three major indexes up last week - and closing at all-time highs on Friday - Jeff, Joe, and Kyle begin the show by evaluating performance numbers for the second quarter of the year. They also share year-to-date updates for the Dow Jones, the S&P 500, and the NASDAQ, discuss how each has outperformed expectations thus far in 2021, and look ahead to what’s next. Should we be concerned about how quickly the markets are bouncing back? What can we expect as far as returns in July? Will the Fed’s Jackson Hole Symposium in August create choppy waters for investors? The guys explore these questions and more, along with a continued look at growth versus value stocks.
During the second hour, the Money Wise guys share a helpful quiz for near-retirees: Are You Ready for Retirement? You can tune in for the full discussion at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/a4734be8-d446-47d0-ad4e-5002a4fe04f7
Episode Notes Jeff, Joe, and Kyle begin with a rundown of last week’s important market movements. It was smooth sailing across the major indexes, with the Dow Jones up, the S&P 500 up, and the NASDAQ up. All three remain solidly in the black YTD. The guys spar about Federal Reserve Chairman Jerome Powell’s testimony before Congress and its possible impact on the markets last week. They also discuss whether the rate of increase in inflation over the last few months is a trend, or whether it will reverse in the coming months. The guys also touch on July’s tendency to produce market gains throughout history and what we can expect from the Fed with regard to quantitative easing and tapering.
In the second hour, the Money Wise guys share the differences between a registered investment advisor and a stockbroker. You can tune in for the full discussion at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/53ce933c-913b-4427-b3fe-471e0e802520
Episode Notes Jeff, Joe and Kyle start the show with a rundown of last week’s market movements, where all three major indexes were down. The Dow lost 1,190 points on the week, the S&P 500 was down 81 points, and the NASDAQ was down 39 points. The Money Wise guys explain why you can never count the NASDAQ out, as we’re seeing a sudden burst of energy that has put the Dow’s outperformance for the year to an end. The guys discuss whether this reversal is due to the most recent Federal Reserve meeting and the potential for interest rate increases in 2022. They also discuss the decision investors must make about the type of relationship they prefer to have with their investment manager.
In the second hour, the Money Wise guys dive into the topic of investor psychology and how to improve investor behavior. They share tips on how you can avoid letting your human psyche become a roadblock to your financial future, sharing data points along the way. You can tune in for the full discussion at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/66ed8703-c76a-48a2-badf-e7f7c8c8f3b5
Episode Notes The Money Wise guys begin this week’s show with a market recap, showing the Dow Jones was down last week, while the S&P 500 and the NASDAQ were both up. They highlight that the S&P closed at an all-time high at the end of the week. All three indexes remain up YTD, with the NASDAQ making a big turnaround thus far in the month of June. Jeff and Kyle discuss the role of interest rates and inflation on large-cap tech stocks and others and examine what the May Consumer Price Index surge may mean. The guys also share inflation data and what we can expect from the forthcoming Federal Reserve Board meeting.
In the second hour, the Money Wise guys share their best investment advice ever. You don’t want to miss this one! Be sure to tune in for the full discussion and visit davidsoncap.com to learn more about the Money Wise guys or to take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/3afc17f4-4fe5-422b-986c-050fb8f3f95f
Episode Notes Jeff, Joe, and Kyle kick off the show by digging into last week’s numbers from Wall Street. The Dow Jones, the S&P 500, and the NASDAQ were all up. These three indexes remain in the black year-to-date, as well, with the Dow leading the indexes for the second quarter. The primary news of the week was the release of May’s employment numbers, which were a bit below expectations, though not as far below as April’s numbers. The guys discuss what this means for the Federal Reserve, and why we saw a perversion of the markets. They also revisit their concerns about meme stocks and cryptocurrency and warn listeners about the inherent risks of gambling on these stocks.
In the second hour, the Money Wise guys continue their investor education focus with a deep discussion of their serious concerns about annuities. Be sure to tune in for the full discussion and visit davidsoncap.com to learn more about the Money Wise guys or to take advantage of a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/aa54700f-982e-40af-ad65-d4cb09104aae
Episode Notes Jeff, Joe, and Kyle begin the show with a recap of the past week’s numbers from Wall Street. Kyle shares his concerns about so-called “meme stocks” being more like speculative gambling than investing, and the guys discuss how the financial entertainment press is irresponsible in their reporting on the risk involved with these types of investments. They also revisit last week’s discussion of cryptocurrency and how to make smart alternative investments without taking too much risk in dangerous asset classes.
In the second hour, the Money Wise guys continue exploring investor education topics. They discuss how lower returns are taking a high toll on investors’ retirement funds. Be sure to tune in for the full discussion and visit davidsoncap.com to learn more about the Money Wise guys or to schedule a portfolio review and analysis with Davidson Capital Management.
Send us your feedback online: https://pinecast.com/feedback/moneywise/05d94818-2796-47d7-a9f3-6b67b024ccc0
Episode Notes Jeff and Joe kick off the show with a rapid-fire review of last week’s numbers from Wall Street. The Dow was down 174 points, the S&P 500 was down 18 points, and the NASDAQ was up 41 points. All three indexes remain up year-to-date. The big news of the week was Bitcoin being down nearly 50% from its high about one month ago, providing an example of the extreme volatility of cryptocurrency. The guys review the two main reasons for this downward movement and explain why they view cryptocurrency as a gamble rather than as an investment.
In the second hour, the Money Wise guys focus on investor education and share the five things every portfolio should have. Tune in for all the details and visit davidsoncap.com to learn more about the Money Wise guys or to schedule a portfolio review and analysis.
Send us your feedback online: https://pinecast.com/feedback/moneywise/fbf9f8d1-0936-4da2-99d8-45d7c2287441
Episode Notes Jeff and Kyle review the past week’s market numbers, noting that May is often a difficult month as many investors follow the old adage of “sell in May, go away.” However, TYD numbers are still above average and a shorter-term pullback is likely more of a trade and not a trend. The Money Wise guys share the numbers that are truly important to focus on as we continue through the second quarter of the year, and they discuss some of the portfolio moves they’ve recently made. The guys also revisit previous discussions of growth versus value and the trends they’re seeing.
In the second hour, Jeff and Kyle dig into retiree spending rules, with the guidance you don’t want to miss. Tune in for all the details and head over to davidsoncap.com to learn more about the Money Wise guys or to schedule a portfolio review and analysis.
Send us your feedback online: https://pinecast.com/feedback/moneywise/e9a0457e-74d4-4742-b35c-d54b8ddbacd1
Episode Notes
Jeff, Joe, and Kyle begin this week’s show with a review of last week’s numbers from Wall Street and updated annualized numbers. The guys discuss the fact that big cap tech companies are showing exceptionally strong earnings, with their stock prices reacting only modestly. Could it be because investors are anticipating higher capital gains taxes in 2022, and selling based on rumors rather than news? They also discuss growth versus value stocks and how we may be seeing a year that is all about value for investors.
In the second hour, the Money Wise guys discuss 10 myths of retirement planning. You don’t want to miss it! Tune in for all the details and head over to davidsoncap.com to learn more about the Money Wise guys.
Episode Notes
As always, the guys kick off the show with last week’s numbers from Wall Street. The Dow was down, the S&P 500 was essentially flat, and the NASDAQ was down. In YTD numbers, all three of these indexes remain up. We’re in an overbought condition, so it remains to be seen whether the old adage will hold: “Sell in May, go away.” Will it pan out to be true after the kind of run we’ve seen in Q1? The U.S. economy is gaining more steam as we continue to recover, and the market has reacted well. The domestic market is looking a bit safer in the short term, but it’s still important to have international and emerging market exposure in the long term -- with the right level of allocation.
The Money Wise guys also cover news from the Federal Open Market Committee (FOMC) meeting and earnings trends that show an economy with a fuller head of steam. They also focus on investor education and mitigating downside losses. Tune in for full details, and head over to davidsoncap.com to learn more about the Money Wise guys.
As always, Jeff, Joe, and Kyle kick off this week’s episode by taking time to discuss the past week’s market trends, why they’re trending the way they are, and what it all could mean. Though we tried to end the week on a positive, the Dow, S&P 500, and the NASDAQ found themselves showing volatility and ultimately, losing steam by the end of the week. This downtrend can mostly be accredited to the Capital Gains Tax Increase presented by President Biden on Thursday. Since everyone knew that this increase was coming, however, the markets shouldn’t have reacted to this news at all, and yet, we saw it react in big and small ways - the men get into why this is so and what we can expect in the upcoming weeks.
Later in the show, there are many different factors you should consider when choosing a financial investment advisor. Perhaps the most important factor, however, is whether or not your advisor is legally obligated to make investment decisions that are in your best interest. This legal obligation is referred to as a fiduciary duty, which is a fancy term that simply means an advisor is required by law to offer financial and investing advice that’s best for the client, not the firm. The Money Wise Guys spend some time discussing this legal obligation and how it’s applied to Registered Investment Advisors (RIAs) and broker-dealers. Depending on your financial situation and your long-term financial goals, you might want to reconsider who you’re entrusting with your money.
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Episode Notes
In this episode, Jeff, Joe, and Kyle share last week’s Wall Street numbers, as well as year-to-date performance. The Dow, S&P 500, and NASDAQ are all up, and the Dow and the S&P 500 closed at all-time highs last Friday. They discuss whether there’s a correction on the horizon, as well as how big tech stocks, like Apple, are going to react as we enter earnings season for the first quarter. The guys also spar about the rate at which inflation may be accelerating, and the outlook for the Biden Administration’s infrastructure plan.
In the second hour, the Money Wise guys focus on investor education with a discussion about investor psychology. They share the types of bias that can lead to poor investment decisions, and warn about the danger of over-weighing information from the news media. Tune in for all the details, and head over to davidsoncap.com to learn more about the Money Wise guys.
The DOW is up by 2% and the S&P up by 2.7% and the NASDAQ is up by 3.1%. With a record high for the S&P at the close of this week and YTD numbers up substantially, it may be time to start picking up more of the blue-chip stocks which have been undervalued recently and are likely to come up in the near future. We think that the Fed will keep interest rates low and the stimulus bills and other legislation will likely cause a fair bit of inflation in the coming year. So what does this mean for investors? Stocks, for the moment and typically, are your best bet for growth and long-term bonds are your best bet for protection. With inflation on the rise, asset allocation is the key to long-term performance. I know we say it over and over again, but it’s true. Stay in the game, stay strong, and think long-term.
2021 First Quarter Recap, Growth vs. Value, and the Biden Infrastructure Proposal
In this week’s episode, the Money Wise guys recap market performance for the first quarter of 2021, including the biggest out-performance of the Dow over the NASDAQ since 2002. They also discuss growth versus value, and whether it is a short-term trade or a trend with a more prolonged rotation toward value stocks. With April being consistent as one of the best months for stock investing over the past one hundred years, the guys will also take a look at whether there is potential for higher PE stocks to gain momentum in the second quarter.
Jeff, Joe, and Kyle also review what Snowmaggedon taught us about supply chain management and the dangers of a just-in-time inventory system, as well as what parts of the Biden infrastructure plan may be investable. They round out the episode by examining what all these factors could mean for how you should position your portfolio through the rest of 2021. Tune in for all the details!
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Jeff, Joe, and Kyle kick off this week’s episode of Money Wise by taking some time to get into the numbers and how lower returns could have a deep impact on your retirement if careful planning isn’t considered. Currently, it seems that the four big horsemen of stocks are underperforming – Apple, Google, Amazon are all in the negative with Microsoft being the only one that is hanging on. With the stock market trends doing a complete 180 from how they looked last year, what does this mean for your portfolio and retirement? And how long can we expect this trend to continue? Tune in this week to find out!
This week on Money Wise, Jeff is on vacation so it’s just Joe and Kyle to get into the market commentary. At the moment, the Dow Jones Industrial average was down just over 150 points, the S&P 500 was down 30 points, and the NASDAQ was down just over 104 points – all without dividends. While it is a role reversal to see the Dow outperforming NASDAQ, this isn’t necessarily something to be scared of and is most likely a consequence of businesses opening back up after the pandemic. Ultimately, this is what portfolio management is about – being prepared for the ups and the downs of the market so that the various trends and trades don’t threaten your big money picture.
At Davidson, we care about making sure that your portfolio is well rounded with the proper amount of risk for your unique financial situation. This can be a difficult and tedious process, which is why we are taking the time this week to talk about portfolio management and the 5 things every portfolio should have if you want to be successful with your investments. Tune in to find out what those key things are!
As always, we begin this episode with a brief market commentary where we bring you up to date on the current market trends and what they might mean for your investments. The NASDAQ is up over 3% this week, leading us to ask ourselves, is this a trend or is this just a trade? While money has been leaving NASDAQ as of late, the reason being is still unknown – it could be that investors are allocating their funds elsewhere or it could be from trading big-name NASDAQ stocks. Davidson Capital discusses the various reasons behind why the DOW is outperforming NASDAQ as it has and what that might mean for your investment strategy and future retirement spending.