4. Market review – Wealthsteading Podcast: Recent Episodes
John Pugliano
Episode 496 The S&P 500 is just 2% from a record high but over 63% of stocks are in a correction, down by more than 10%. If you’re looking for bargains, you don’t have to wait for the market to tank, the bargains already exist. Don’t try to perfectly time the market. Early this year when the market was at a top, I bought and it worked out just fine. I’m not saying to rush out and buy, I’m currently sitting on over 20% cash. But I’m also not afraid to add to my positions because I have a long term perspective and stay diversified.
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Episode 495 Last Friday’ panic didn’t last long. I’ve been hoping for a pullback to buy the dip; but even if that doesn’t happen, that just reiterates the strength of this market. Bottom line, leadership remains strong and it’s mostly focused on the ancillary AI trade. What I call the convergence of Industrials and Tech.
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Episode 489 There are 3 reasons not to like Apple short term and none of them have anything to do with Warren Buffett.
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Episode 482 Use strategic diversification to create your own personal ETF.
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Episode 481 The stock market is getting frothy with FOMO and the rise of low quality stocks. In recent weeks, it’s been a real dash for trash. I personally have some cash on hand to buy the dip.
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Episode 472: The USA Industrial Technology growth narrative is evident by the fact that year-to-date the S&P 500 top performing sectors are Utilities and Industrials. Also, don’t despair about the 20 Year Treasury Bond negative Media narrative … it’s so insignificant it was discontinued for nearly 40 years.
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Episode 471: Market review and a list of stocks from my portfolio that are exhibiting long term strength and resilience.
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Episode 466: The USA stock market is in a double bottom correction. In this episode, I’ll use a market review to point out contrarian contractions that make me cynically optimistic. To include: Atlanta Fed GDPNow 25Q1 absurdity; German & European four critical economic weaknesses and key levels to watch in the S&P 500 … all that and more.
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Episode 465: The stock market has been driven lower because of extremely negative investor sentiment. But I think the reality is a much stronger economy. The trauma is self inflicted by President Trump. But like a magician creating an illusion to distract the audience, Trump uses chaos to advance his agenda.
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Episode 462: The Media is breathlessly reporting terrifying news about tariffs, executive orders, DeepSeek and anything else that can be detrimental to the stock market. But you know what? The Dow Jones Industrial average is up over 5% year to date. And better than that, performance is expanding beyond the dozen stocks that had been driving the rally. So far, the equal weight Tech index is outperforming the NASDAQ by nearly 2x.
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Episode 459: Inflation numbers keep coming in higher than “expected”. The Fed will likely not cut rates as much as anticipated in 2025. The Market hasn’t been happy about that. Beyond inflation there are several issues which could impact the stock market early next year, expect a more business friendly environment with less antitrust actions and rolling back of the Chevron Doctrine.
Listen to my recent appearance on The Disciplined Investor Podcast: https://thedisciplinedinvestor.com/blog/2024/12/08/tdi-podcast-the-robots-are-coming-898/
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Episode 456: I think that McDonalds HomeDepot & Costco are good companies but overpriced stocks.Sign up for free ALERTs & Market Commentary at: https://www.investablewealth.com/subscribe/------------------------------------------------------
Episode 454: The economy is driven by energy and right now the energy sector is THRIVING.Sign up for free ALERTs & Market Commentary at: https://www.investablewealth.com/subscribe/ ------------------------------------------------------
Episode 452: US economy continues to grow…are you?Sign up for free ALERTs & Market Commentary at: https://www.investablewealth.com/subscribe/------------------------------------------------------
Episode 451: Two weeks ago, the VIX volatility index spiked above 65; today everything is honky dory (:Sign up for free ALERTs & Market Commentary at: https://www.investablewealth.com/subscribe/ ------------------------------------------------------
Episode 450: What started out as a quick commentary on current market conditions ended up digressing into rants and gems of wealth knowledge. This is evergreen content, listen to it more than once.Sign up for free ALERTs & Market Commentary at: https://www.investablewealth.com/subscribe/ ------------------------------------------------------
Episode 447: Just listen to this episode…
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Episode 446: Stubborn inflation & geopolitical instability are causing a stock market selloff. That shouldn’t come as a surprise to Wealthsteading Podcast listeners. So far, the decline is surprisingly mild. In this episode I discuss my rationale for taking a concentrated position in the Utility sector. LONG TERM Utility Stocks can offer a trifecta of benefits: Value-Growth-Defensive.
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Episode 443: Why are investors and Wall Street ignoring the clear and present danger of geopolitical instability and escalation of war?
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Episode 441: Small Cap stocks are the canary-in-the-coalmine early warning system of the stock market and right now they’re underperforming. As an alternative to the IWM consider SPSM which screens for profitability.
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Episode 432: This past week Walmart stock climbed to a record high, then abruptly retreated, to close down more than 8%.
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Episode 431: In yesterday’s session the Market had an impressive breakout, in all aspects. Price, volume and breadth were all superior. We’ll see if it holds. I’m skeptical of the foundation of all this enthusiasm- namely that rates are going lower and profits higher. In today’s episode I’ll discuss the shell game of earnings estimate beats, with an example of Home Depot.
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Episode 430: The S&P 500 peaked in January 2022. It’s worse for the RUSSELL2000, with a current price at below pre-Pandemic levels.
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Episode 429: Corporate CEOs are becoming less optimistic about 2024 and recent IPOs are a disaster.
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Episode 427: The Market has been down for two consecutive months…how bad will it get?
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Episode 426: Interest rates and monetary policy can’t solve the global supply conundrum.
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Episode 425: The slowdown in Germany is characteristic of the general global malaise. But…German industrial giants have survived multiple world wars, they’ll survive this current situation.
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Episode 424: The major indexes have regained their 50dma but global trade is slowing as evident by the decline in exports from China, Germany & Japan. Short term markets are exuberant for peak interest rates but are ignoring the risk of structural shifts in the global economy.
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Episode 423: If the handful of tech stocks that have been propping up the Market are starting to stall, then perhaps the S&P 500 is headed lower.
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Episode 422: The Fitch downgrade of US debt caused almost all asset classes, including precious metals to go down…why?
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Episode 421: Listener question- why aren’t I investing in Small Cap stocks? Headlines- FOMC, 2nd Qtr Earnings, Leading Economic Indicators, Grain Prices, Multiple Expansion, Chinese & Japanese stocks….all that and more.
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Episode 419: Money Market Funds are paying yields at 15 year highs…that’s where most of my money is currently parked.
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Episode 417: The is the audio portion of a midyear economic presentation given on June 27 2023; the full video can be seen at:
https://youtu.be/jm7LAbdbiHc
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Episode 415: “A lot of real estate isn’t so good any more…We have a lot of troubled office buildings, a lot of troubled shopping centers, a lot of troubled other properties. There’s a lot of agony out there.” Charlie Munger, VC, Berkshire Hathaway
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Episode 411: The Economy & Stock Market are at an inflection point…they could break up or down…my bias is to the downside. But either way, now is the time to prepare for the new company leadership that will eventually emerge.
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Episode 409: The Market is seemingly complacent about declining corporate profits. Did I mention that I’m ~ 90% in cash?
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Episode 407: To reiterate…we’re not yet seeing a Black Swan event or a failure of the system. What’s happening in the economy is what should be anticipated during a Fed tightening cycle. What you’re witnessing isn’t a failure of the system, it’s the way the system is designed to work (by the Central Planners).
We’re currently in the contraction phase of the Business Cycle.
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Episode 406: Panic is suddenly gripping the Stock Market with fears of bank failures. Do you think Warren Buffett is scared? Or do you think he’s plotting how to make a HUGE profit on this crisis?
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Episode 404: Seasonal effect, short squeeze, relief rally, dead cat bounce, suckers rally, catching a falling knife…all that and more in this episode.
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Episode 403: I’m concerned about two issues with the stock market.Sign up for free ALERTs & Market Commentary at: https://www.investablewealth.com/subscribe/------------------------------------------------------
Episode 402: There’s been a notable shift in Stock Market technical indicators since Friday’s “unexpectedly” high employment numbers.Sign up for free ALERTs & Market Commentary at: https://www.investablewealth.com/subscribe/------------------------------------------------------
Episode 401: Money is the most expensive in 16 years and the 3rd highest in over a generation. Regardless of Fed monetary policy, if corporate profits continue to decline, then just as during the DotCom Bubble and the Housing Bubble, the Stock Market would be extremely likely to have a hefty decline. [-50% peak-to-trough]Sign up for free ALERTs & Market Commentary at: https://www.investablewealth.com/subscribe/------------------------------------------------------
Episode 399: Single family residential real estate should fare much better than most people are expecting and not likely to see a 2008 style price collapse. Industrial real estate should continue to grow at a substantial pace as manufacturing continues to onshore. The negative areas of real estate will likely be brick & mortar retailers, office space and potentially short term vacation type rental properties (Airbnb). Sign up for free ALERTs & Market Commentary at: https://www.investablewealth.com/subscribe/------------------------------------------------------
Episode 398: The Federal Reserve has been tightening monetary policy to burn off excesses in the economy and given the rebound of unprofitable MEME stocks, I think there’s ample underbrush to scorch.Sign up for free ALERTs & Market Commentary at: https://www.investablewealth.com/subscribe/------------------------------------------------------
Episode 394: For me and my money, I want liquidity, so I’m using cash equivalent money market funds, which are currently paying at or near 4%. If you don’t have access to a money market fund, other good alternatives are 401k/403b Stable Value Funds or the Thrift Savings Plan (TSP) G Fund.Sign up for free ALERTs & Market Commentary at: https://www.investablewealth.com/subscribe/ ------------------------------------------------------
Episode 392: The seasonal Santa Claus rally is in full effect, but I think two of the three drivers are head fakes.Sign up for free ALERTs & Market Commentary at: https://www.investablewealth.com/subscribe/ ------------------------------------------------------
Episode 389: Of the several factors holding the Market back, I think the most critical is lack of sustainable stock leadership.
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Episode 388: The economy is hungover from the excesses of the pandemic. Hangovers are painful. They’re not fun. But they’re not fatal.
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Episode 383: The S&P 500 is back in rally mode, retracing more than half of the distance from the Bear market peak-to-trough. I remain cautiously optimistic, but beware of the bounce in highly speculative stocks…eventually fundaments matter.
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Episode 382: Speaking of apprenticeship, check out my recent visit to the Homesteady homestead:
https://youtu.be/Df5UB7h0Bxg
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Episode 380: How the stock market performs at the end of each week is an important nuanced signal that can indicate investor sentiment.
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Episode 379: Second quarter earnings will be forthcoming…pay attention to forward earnings estimates, but regardless of what CEOs say, know that June’s PMI indicates an expanding economy.
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Episode 373: The Stock Market has been selling off for 6 weeks...here's what I'm doing.
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Episode 368: Value is a better word than cheap, but it isn’t as good of an attention getter. Here are five large cap stocks that I own and I believe they are valuable because they have a favorable price to future growth ratio: GE, GS, IBM, MU & SCHW.
Episode 362: Contrary to the Wall Street myth, bonds and specifically bond funds are not “safe”. There are a number of risk factors, and today’s dominant risk is a rising interest rate environment.
Episode 356: Ignore the crisis du jour, and fortify your portfolio with quality, diversification, and especially US equities.
Episode 355: How should you handle an individual stock collapse? In this episode I’ll discuss how I’m dealing with a 80% loss in SelectQuote.
Episode 351: The way that 2022 is beginning is likely the way it will end…volatile & profitable. In this episode I discuss why I believe that stock valuations can support further growth in the economy and the stock market.
Episode 346: I’m not at all concerned about the stock market selloff that happened on Black Friday. In fact, the rally will likely continue even longer, because now the FED will be more hesitant to raise interest rates.
In this episode I discuss the two primary drivers of COVID inflation…and neither have anything to do with FED monetary policy. This temporary, transient inflation is being caused by:
lack of ImmigrationInheritance…the greatest generational transfer of wealth in history.
Episode 344: Stocks are at record highs at the same time that 3rd Qtr GDP was way below estimates. Join me today as I discuss free market economics along with a stock market review.
Episode 340: There wasn’t a stock market correction in September and I think it’s highly unlikely there will be one in October. In this episode I’ll highlight names of companies that I own that have done well during this period of “seasonal volatility”.
Episode 339: My mantra hasn’t changed…buy the dip. In this episode I’ll discuss positive harbingers for the stock market, including how hotel stocks like Hilton and Marriott are outperforming the general stock market.
Episode 338: The media narrative this month is that a September or October stock market correction is inevitable. Maybe…maybe not.
Episode 336: Small Caps & ReOpening Trade stocks have been underperforming…but I remain optimistic and continue to “buy the dip”. The two factors that are driving the most fear right now are mutually exclusive- 1) ReOpening slowdown due to COVID Delta Variant & 2) Federal Reserve tightening the money supply by tapering next month. Logic dictates that these two events can’t happen simultaneously, because if the economy is slowing, then the FED won’t taper.
Episode 334: Since August 2020 the S&P 500 has climbed a COVID wall of worry consistently putting in new record highs. I expect that to continue, with temporary bouts of turbulence, along with limited upside potential as we close out 2021. However, I think vast amounts of opportunity still exist in the more value oriented, cyclical and ReOpening favored stocks that have taken a dip on fears of COVID Variants. In this episode I’ll also discuss the difference between investing and speculation.
Episode 329: The latest Media driven fear factor is that variants of Covid will squelch the economic recovery. I think the anxiety will be short lived, just like last month’s propaganda about hyperinflation.
NOTE to the Inflation Distraught: 10 Year Treasuries have dropped down to 1.3%, hardly an indicator of rampant inflation.
Episode 326: The subtitle to this episode could be: Why lumber prices are so high but timber prices are so low.
Bottom line, the media narrative of hyperinflation is much ado about nothing.
Over the short term, I don’t see the FED raising interest rates nor curtailing easy monetary policy. Transitory inflation is being caused by short term shortages, not long lasting scarcity.
The “experts” were wrong in 2018 when they said the “inverted yield curve” would cause a recession, and they’re wrong now about hyperinflation.
For a historical perspective, listen to this episode from October 2018: https://www.wealthsteading.com/276
Episode 325: A lot of the financial news coverage is negative focusing on shortages and price & wage inflation. But technically I think the major indexes are performing well and a great deal of opportunity still exists in the ReOpening Stocks.
Episode 324: In this episode we’ll look at current market conditions in light of investor psychology and especially drill down into the reasons why YOU keeping missing opportunities in the stock market.
Episode 322: Did you miss the post-election stock market rally? Well, the easy money has already been made, but there are still MANY opportunities. In this episode I discuss potential that still exist in the COVID90 portfolio.
Episode 320: The rotation rally looks like it has fizzled. The S&P 500 keeps failing at its 50dma. That’s a good indication that the market is headed lower.
Episode 319: The stock market has fallen for three straight weeks. There are mixed signals that this selloff could simply be a Rotation out of overbought Tech stocks and into Value and Cyclicals.
On the other hand, with over 41% of the S&P 500 already in a Bear market, maybe the Correction has just begun.
Episode 316: The market took a big tumble today. Is this just a normal September swoon? Or are we headed for a more drastic correction?
Episode 314: The Market has been incredibly resilient over the past month but I believe it could easily stumble into a rapid decline if investor sentiment turns sour. In this episode I discuss the rationale for prudent investing and give specific examples of why I recently purchasing Tyson Foods and also lessons learned from swing trading the Great Recession of 2008.
Episode 313: The COVID death toll is over 100K, unemployment is nearing 20%, and protesters are rioting and burning the cities…yet the stock market keeps going up.
Will this rebound rally continue? Or are we headed for a major downturn this summer? I’m concerned that just as the market was oversold with COVID hysteria, now there’s irrational exuberance about the re-opening of the economy.
Episode 311: In this episode I discuss how I’m planning to re-balance my portfolio to take advantage of what I believe will be an inevitable recovery.
Episode 307: Wuhan coronavirus is still in the news but the S&P 500 is setting record highs. WHY? There are a number of reasons this market is so resilient- short covering, Chinese monetary policy, and most importantly the growth and profitability of the Tech sector.
Episode 302: The S&P 500 closed above 3120 for the first time, continuing a six week winning streak. In this episode I’ll discuss the next 7% move, which could be either Up or Down.
Episode 301: Today the S&P 500 set a new, all-time record high. That’s in spite of all the fear over non-existing threats like the inverted yield curve. Listen in for where I think the market is headed and why I remain optimistic.
Episode 300: In this episode I give a very simple example of the difference between an existential threat and a harmless policy decision problem.
Episode 299: Over the past eight trading sessions the S&P 500 has surged to within 1% of a record high. There are several explanations for the rally, with the primary reason being gestures coming out of China. Will this uptrend hold or is it just a dead cat bounce? All this and more in this episode.
Episode 295: Today the S&P500 dropped 3% on fears of an inverted yield curve. It’s been an extremely volatile two weeks, with switchbacks almost every other day. In this episode I’ll review the key events driving the turbulence and explain the entry point that I’m looking for to buy this dip.
Episode 293: Today the FED cut rates and postponed their Quantitative Tightening program. The move was much anticipated and therefore we saw a typical “buy the rumor, sell the news” reaction. The S&P500 was down over 1% and broke below 3000.
Should you be worried? I’m not. All that and more in this episode.
HEY- would you please do me a favor? Earlier this year in Europe, I was interviewed by an Industrial association and a clip has been posted to YouTube. I’d like to drive some traffic there and would really appreciate if you’d watch it. It’s less than 5 minutes and my comments are extremely relevant to the impact of Robotics/Automation on the global economy. Please watch: https://youtu.be/LZ4xcsLaH8s
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2019 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 292: The month of June has been a textbook example of a counter trend rally. The S&P500 dropped around 7% from the April high, bottomed out on June 3, then went on to make an all time new record high.
In this episode I’ll discuss what happened and signs to look for to identify future market rallies. And I’ll also talk about my current positions in the Banking sector and why I believe they’re undervalued.
Here’s the link to Nelson Trout’s Adventures YouTube playlist about coin hunting: https://www.youtube.com/watch?v=ZszRRXDtNGU&list=PLUx3m9PGkSirhBTu5D0fZ-B0NhZAIiCSu
The Robots are Coming: A Human's Survival Guide to Profiting in the Age of Automation available at AMAZON and all fine bookstores.
10 Wealth Building Principles: http://www.wealthsteading.com/category/wealth-building-principle/
Full archives are available at: http://www.wealthsteading.com
Subscribe to the Wealthsteading Podcast:
via iTunes: https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058
YOUTUBE: www.youtube.com/c/JohnPuglianoWEALTHSTEADING
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2019 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 287: Market Volatility is BACK ! Should you panic or buy the dip? For now, I think it’s premature to buy; however, overall the markets do seem like they’re behaving in an orderly manner.
Before I would add to my US holdings, I’d need to see a more substantial drop.
But as has been the case for some time, I do continue to see opportunity in Emerging Markets and might even consider adding to my position if the index drops below its 200dma.
Here’s the link to my interview on the Fathers After 50 Podcast: https://fathersafter50.com/john-pugliano/
The Robots are Coming: A Human's Survival Guide to Profiting in the Age of Automation available at AMAZON and all fine bookstores.
10 Wealth Building Principles: http://www.wealthsteading.com/category/wealth-building-principle/
Full archives are available at: http://www.wealthsteading.com
Subscribe to the Wealthsteading Podcast:
via iTunes: https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058
YOUTUBE: www.youtube.com/c/JohnPuglianoWEALTHSTEADING
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2019 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 285: The S&P500 is near a record high and while it still has room to run, I’m starting to harvest some profits in the US, but for now don’t have any plans to sell International stocks.
In this episode I want to caution against cult like hero worship of celebrities and “experts”. People give way to much credence to what the Talking Heads say. Pay no attention to what people say, watch what they do.
As an example of elite conceit, I’ll play a few audio clips from the beloved Berkshire Hathaway’s Warren Buffett and Charlie Munger.
The Robots are Coming: A Human's Survival Guide to Profiting in the Age of Automation available at AMAZON and all fine bookstores.
10 Wealth Building Principles: http://www.wealthsteading.com/category/wealth-building-principle/
Full archives are available at: http://www.wealthsteading.com
Subscribe to the Wealthsteading Podcast:
via iTunes: https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058
YOUTUBE: www.youtube.com/c/JohnPuglianoWEALTHSTEADING
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2019 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 284: The stock market and indeed the global economy are likely to keep chugging along because of the trifecta of converging forces: China, the US and the Federal Reserve.
The Robots are Coming: A Human's Survival Guide to Profiting in the Age of Automation available at AMAZON and all fine bookstores.
10 Wealth Building Principles: http://www.wealthsteading.com/category/wealth-building-principle/
Full archives are available at: http://www.wealthsteading.com
Subscribe to the Wealthsteading Podcast:
via iTunes: https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058
YOUTUBE: www.youtube.com/c/JohnPuglianoWEALTHSTEADING
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2019 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 281: The International Monetary Fund (IMF) has revised downward their growth forecast and warn of storm clouds gathering for the global economy. Based on their previous agenda driven interpretation of data, I see this warning as a contrarian indicator to encourage investment in the Emerging Market sector.
The Robots are Coming: A Human's Survival Guide to Profiting in the Age of Automation available at AMAZON and all fine bookstores.
10 Wealth Building Principles: http://www.wealthsteading.com/category/wealth-building-principle/
Full archives are available at: http://www.wealthsteading.com
Subscribe to the Wealthsteading Podcast:
via iTunes: https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058
YOUTUBE: www.youtube.com/c/JohnPuglianoWEALTHSTEADING
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2019 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 279: December 2018 was the worst stock market performance since the Great Depression…January 2019 is turning out to be one of the best.
What’s driving the bipolar personality of this market? Just the same old schizophrenic internal battle between fundamentals and investor sentiment.
In my opinion, 2018 was characterized as a market driven down by irrationally poor investor sentiment, while the actual market conditions have been sound. See this YouTube video for an illustration of S&P 500 fair market value: https://youtu.be/36-148xJNBM
Bottom line, I believe fundamentals are sound and for now, interest rates will remain moderate enough to keep things moving along.
The Robots are Coming: A Human's Survival Guide to Profiting in the Age of Automation available at AMAZON and all fine bookstores.
10 Wealth Building Principles: http://www.wealthsteading.com/category/wealth-building-principle/
Full archives are available at: http://www.wealthsteading.com
Subscribe to the Wealthsteading Podcast:
via iTunes: https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058
YOUTUBE: www.youtube.com/c/JohnPuglianoWEALTHSTEADING
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2019 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 278: The market is in full blown correction and within a few percent from a Bear market. Will it get worse before it gets better? I have no idea…and neither does anyone else. But I believe this market has solid fundamentals…which is what I’ll discuss in this episode.
Related episode: #146 Walmart: Working thru a stock crash https://www.wealthsteading.com/146
The Robots are Coming: A Human's Survival Guide to Profiting in the Age of Automation available at AMAZON and all fine bookstores.
10 Wealth Building Principles: http://www.wealthsteading.com/category/wealth-building-principle/
Full archives are available at: http://www.wealthsteading.com
Subscribe to the Wealthsteading Podcast:
via iTunes: https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058
YOUTUBE: www.youtube.com/c/JohnPuglianoWEALTHSTEADING
Prepare for retirement and gain stock market insight with money manager John Pugliano.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2018 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 276: The stock market looks horrendous, but I remain optimistic for these reasons:
Valuations Policy Abundance Growth Trade War Hype
Bonus Reasons:
Contrarian Trade Tech & Geopolitics
Similar to Bill Clinton’s presidency, watch the video: https://youtu.be/9LZNtW_4Xd4
The Robots are Coming: A Human's Survival Guide to Profiting in the Age of Automation available at AMAZON and all fine bookstores.
10 Wealth Building Principles: http://www.wealthsteading.com/category/wealth-building-principle/
Full archives are available at: http://www.wealthsteading.com
Subscribe to the Wealthsteading Podcast:
via iTunes: https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058
YOUTUBE: www.youtube.com/c/JohnPuglianoWEALTHSTEADING
Prepare for retirement and gain stock market insight with money manager John Pugliano.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2018 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 269: It’s time for a market review and specifically to discuss contrarian opportunities that I see in Healthcare, Financials and especially International & Emerging Markets.
The Robots are Coming: A Human's Survival Guide to Profiting in the Age of Automation available at AMAZON and all fine bookstores.
10 Wealth Building Principles: http://www.wealthsteading.com/category/wealth-building-principle/
Full archives are available at: http://www.wealthsteading.com
Subscribe to the Wealthsteading Podcast:
via iTunes: https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058
YOUTUBE: www.youtube.com/c/JohnPuglianoWEALTHSTEADING
Prepare for retirement and gain stock market insight with money manager John Pugliano.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2018 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 266: Major indexes are recovering from the past few months of gloom & doom…the NASDAQ and Russell2000 are at record highs. Although markets will likely remain volatile, I believe that leading up to the mid-term elections, President Trump will do everything in his power to goose the stock market higher.
The Robots are Coming: A Human's Survival Guide to Profiting in the Age of Automation available at AMAZON and all fine bookstores.
10 Wealth Building Principles: http://www.wealthsteading.com/category/wealth-building-principle/
Full archives are available at: http://www.wealthsteading.com
Subscribe to the Wealthsteading Podcast:
via iTunes: https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058
YOUTUBE: www.youtube.com/c/JohnPuglianoWEALTHSTEADING
Prepare for retirement and gain stock market insight with money manager John Pugliano.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2018 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 265: I start this episode with a quick market review and rundown of the crisis du jour and then recommend a book for summer reading.
Reminiscences of a Stock Operator is a must read classic for any serious student of investing. It’s a quick read, narrative story that’s loosely based on the real life speculator & trader Jesse Livermore (1877-1940).
Here’s my favorite Jesse Livermore quote:
The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the person of inferior emotional balance, or the get-rich-quick adventurer. They will die poor.
The Robots are Coming: A Human's Survival Guide to Profiting in the Age of Automation available at AMAZON and all fine bookstores.
10 Wealth Building Principles: http://www.wealthsteading.com/category/wealth-building-principle/
Full archives are available at: http://www.wealthsteading.com
Subscribe to the Wealthsteading Podcast:
via iTunes: https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058
YOUTUBE: www.youtube.com/c/JohnPuglianoWEALTHSTEADING
Prepare for retirement and gain stock market insight with money manager John Pugliano.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2018 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 264: The S&P500 is back up above its 100 day moving average. Will it hold this time? I think so, because the boogeyman of wage inflation seems to be held at bay.
Wall Street LOVEs wage stagnation and that appears to be what we have. We’ll cover that and more in this episode including how you can get a raise.
The Robots are Coming: A Human's Survival Guide to Profiting in the Age of Automation available at AMAZON and all fine bookstores.
10 Wealth Building Principles: http://www.wealthsteading.com/category/wealth-building-principle/
Full archives are available at: http://www.wealthsteading.com
Subscribe to the Wealthsteading Podcast:
via iTunes: https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058
YOUTUBE: www.youtube.com/c/JohnPuglianoWEALTHSTEADING
Prepare for retirement and gain stock market insight with money manager John Pugliano.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2018 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 261: Has the volatility of the past eight weeks subsided and was a bottom put in? Maybe. The S&P500 held its 200dma and has remained above the February 9, 2018 low.
In this episode I’ll discuss market conditions in reference to simple moving averages and specifically how stock charts can act as road maps. They can point us in the general direction, but they can't predict the future.
Here’s the link to the YouTube video I reference:
How to Chart a Simple Moving Average with Yahoo Finance- https://www.youtube.com/watch?v=tgWctQ8jfKU
The Robots are Coming: A Human's Survival Guide to Profiting in the Age of Automation available at AMAZON and all fine bookstores.
10 Wealth Building Principles: http://www.wealthsteading.com/category/wealth-building-principle/
Full archives are available at: http://www.wealthsteading.com
Subscribe to the Wealthsteading Podcast:
via iTunes: https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058
YOUTUBE: www.youtube.com/c/JohnPuglianoWEALTHSTEADING
Prepare for retirement and gain stock market insight with money manager John Pugliano.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2018 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 260: Fear and greed are the classic patterns of human nature that keep you from being a successful investor.
The Robots are Coming: A Human's Survival Guide to Profiting in the Age of Automation available at AMAZON and all fine bookstores.
10 Wealth Building Principles: http://www.wealthsteading.com/category/wealth-building-principle/
Full archives are available at: http://www.wealthsteading.com
Subscribe to the Wealthsteading Podcast:
via iTunes: https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058
YOUTUBE: www.youtube.com/c/JohnPuglianoWEALTHSTEADING
Prepare for retirement and gain stock market insight with money manager John Pugliano.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2018 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 258: I believe that the current market downturn is a correction (transitory) and not a full blown bear market where prices will drop 20% for an extended period of time. My hypothesis is that we’re still in a bull market and therefore, this is an opportunity by “buy the dip.”
In this episode I’ll discuss what I’ve purchased and possible strategies.
The Robots are Coming: A Human's Survival Guide to Profiting in the Age of Automation available at AMAZON and all fine bookstores.
10 Wealth Building Principles: http://www.wealthsteading.com/category/wealth-building-principle/
Full archives are available at: http://www.wealthsteading.com
Subscribe to the Wealthsteading Podcast:
via iTunes: https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058
YOUTUBE: www.youtube.com/c/JohnPuglianoWEALTHSTEADING
Prepare for retirement and gain stock market insight with money manager John Pugliano.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2018 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 257: Friday the S&P500 dropped more than 2%- time to panic or a buying opportunity. In this episode I’ll discuss my thoughts on inflation fears, rising interest rates and the politics of the Trump administration.
The Robots are Coming: A Human's Survival Guide to Profiting in the Age of Automation available at AMAZON and all fine bookstores.
10 Wealth Building Principles: http://www.wealthsteading.com/category/wealth-building-principle/
Full archives are available at: http://www.wealthsteading.com
Subscribe to the Wealthsteading Podcast:
via iTunes: https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058
YOUTUBE: www.youtube.com/c/JohnPuglianoWEALTHSTEADING
Prepare for retirement and gain stock market insight with money manager John Pugliano.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2018 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 256: Here are the three sectors that I believe are best to start off 2018- International, Healthcare & Banking. To see all 25 stocks that I’m currently invested in, please see the 2018 Retirement Portfolio video: https://youtu.be/N7QeZFbb01Q
The Robots are Coming: A Human's Survival Guide to Profiting in the Age of Automation available at AMAZON and all fine bookstores.
10 Wealth Building Principles: http://www.wealthsteading.com/category/wealth-building-principle/
Full archives are available at: http://www.wealthsteading.com
Subscribe to the Wealthsteading Podcast:
via iTunes: https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058
Prepare for retirement and gain stock market insight with money manager John Pugliano.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2018 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 251: The S&P500 is up 20% since last November’s Presidential election and volatility has been extremely muted with no more than a 3% pullback all year. The market since 2009 has been extremely resilient, regardless of an Obama or Trump administration. Over the past 18 months, global markets have also shown growth.
Currently tax policy uncertainty has some pundits frazzled, but overall market conditions appear favorable. Interest rates, energy and commodities are all within global growth sweet spots. As such, corporate profits are doing well and at the end of the day, despite all the gloom and doom…profits are all that matters.
The Robots are Coming: A Human's Survival Guide to Profiting in the Age of Automation available at AMAZON and all fine bookstores.
10 Wealth Building Principles: http://www.wealthsteading.com/category/wealth-building-principle/
Full archives are available at: http://www.wealthsteading.com
Subscribe to the Wealthsteading Podcast:
via iTunes: https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058
Hosted by John Pugliano. The Wealthsteading Podcast provides stock market commentary and investment insight based on 10 simple wealth building principles.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2017 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 250: We’re in the midst of earning reports which will set the stage for the likelihood of a yearend Santa Claus rally. In this episode, I’ll discuss the importance of earnings and general things to consider during any earnings season.
Personally I think Mexico ETF (EWW) is still at a good secondary buy point, here’s a video from last month where I discussed the likely effects of NAFTA: https://youtu.be/T8OHDO_MVvQ
See my YouTube video for information about how to chart a simple moving average: https://youtu.be/tgWctQ8jfKU
The Robots are Coming: A Human's Survival Guide to Profiting in the Age of Automation available at AMAZON and all fine bookstores.
10 Wealth Building Principles: http://www.wealthsteading.com/category/wealth-building-principle/
Full archives are available at: http://www.wealthsteading.com
Subscribe to the Wealthsteading Podcast:
via iTunes: https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058
Hosted by John Pugliano. The Wealthsteading Podcast provides stock market commentary and investment insight based on 10 simple wealth building principles.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2017 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 215: Hanesbrands are down over 23% in the past 6 months. The pullback is not limited to an isolated underwear manufacturer, the consumer products and services sector is in a slump. Under Armour is down almost 55% and toymaker Mattel is down nearly 22%.
In this episode I’ll rundown the worst performers and ask if this is a buying opportunity or a harbinger of things to come?
10 Wealth Building Principles: https://www.wealthsteading.com/category/wealth-building-principle/
Full archives are available at: https://www.wealthsteading.com
Subscribe to the Wealthsteading Podcast:
via iTunes: https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058
Hosted by John Pugliano. The Wealthsteading Podcast provides stock market commentary and investment insight based on 10 simple wealth building principles.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2017 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 211: I still expect this rally to fade given the existence of the same problems the economy has faced since the Financial Crisis of 2008. No, I’m not expecting an economic collapse but stock and bond prices are at extremely high valuations. That almost always results in a sharp correction, usually during a recession.
In this episode I’ll review some of the ongoing issues in light of President Trump.
If you didn’t see it last time, click the below link to see a chart comparing S&P500 performance 1980 & 2016:
http://www.investablewealth.com/post-election-rally-likely-to-fizzle/
10 Wealth Building Principles: https://www.wealthsteading.com/category/wealth-building-principle/
Full archives are available at: https://www.wealthsteading.com
Subscribe to the Wealthsteading Podcast:
via iTunes: https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058
Hosted by John Pugliano. The Wealthsteading Podcast provides stock market commentary and investment insight based on 10 simple wealth building principles.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2016 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
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Episode 208: The stock market has been in a long consolidation trend for about the past 24 months. If you have been using a buy & hold strategy over that timeframe your total annual S&P500 return (including dividends) is probably less than 3%.
To receive that miserly rate you’ve had to suffer through two double-bottom corrections.
Today we’ll discuss this consolidation trend and a little about the concept of ALPHA- risk adjusted returns.
If you’re a college student you might want to listen to my interview on the College Student Success Podcast:
http://www.collegestudentsuccesspodcast.com/2016/10/episode-50-john-pugliano-on-investing-apprenticeship-and-the-millionaire-next-door/
10 Wealth Building Principles: https://www.wealthsteading.com/category/wealth-building-principle/
Full archives are available at: https://www.wealthsteading.com
Subscribe to the Wealthsteading Podcast:
via iTunes: https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058
Hosted by John Pugliano. The Wealthsteading Podcast provides stock market commentary and investment insight based on 10 simple wealth building principles.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2016 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
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Episode 188: In this episode I provide a market review in light of overall poor global conditions while the S&P500 is near record highs.
World Bank again downgraded Global growth to 2.4% Bitcoin at 22 month high…mechanism for capital flight from China and negative interest rates?
Is Bitcoin replacing Gold as a currency hedge?
10 Wealth Building Principles: https://www.wealthsteading.com/category/wealth-building-principle/
Full archives are available at: https://www.wealthsteading.com
Subscribe to the Wealthsteading Podcast:
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Hosted by John Pugliano. The Wealthsteading Podcast provides stock market commentary and investment insight based on 10 simple wealth building principles.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2016 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
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Episode 184: In 2015 the market was supported by a handful of stocks, namely FAANG- FaceBook, Apple, Amazon, Netflix & Google. Now only Facebook and Amazon remain above their 50dma.
Just like last year, the indexes appear stable although many leading names are well off their 52 week highs. Sector rotation is switching from “safe stocks” like Utilities & Consumer Staple to a weekly favored sector and then back to “safe”.
Energy & Materials stocks had a nice run but now Materials are breaking down. Will Energy start to drop as the “dash for trash” recovery fades?
10 Wealth Building Principles: https://www.wealthsteading.com/category/wealth-building-principle/
Full archives are available at: https://www.wealthsteading.com
Subscribe to the Wealthsteading Podcast:
via iTunes: https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058
via STITCHER: http://www.stitcher.com/s?fid=53115&refid=stpr
Hosted by John Pugliano. The Wealthsteading Podcast provides stock market commentary and investment insight based on 10 simple wealth building principles.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2016 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 176: The S&P500 is hovering around the baseline of 1950. See chart at: http://www.investablewealth.com/where-is-the-market-headed/
10 Wealth Building Principles: https://www.wealthsteading.com/category/wealth-building-principle/
Full archives are available at: https://www.wealthsteading.com
Subscribe to the Wealthsteading Podcast:
via iTunes: https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058
via STITCHER: http://www.stitcher.com/s?fid=53115&refid=stpr
Hosted by John Pugliano. The Wealthsteading Podcast provides stock market commentary and investment insight based on 10 simple wealth building principles.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2016 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 174: Fighting authority usually isn’t a good idea…I have scars to prove it.
Apple’s stock could be in jeopardy if it doesn’t comply with the FBI. I think a compromise could be reached that would actually be very beneficial to Apple.
Here’s a chart with Apple juxtaposed over the Volkswagen emission scandal: http://www.investablewealth.com/apple-vs-the-fbi/
10 Wealth Building Principles: https://www.wealthsteading.com/category/wealth-building-principle/
Full archives are available at: https://www.wealthsteading.com
Subscribe to the Wealthsteading Podcast:
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Hosted by John Pugliano. The Wealthsteading Podcast provides stock market commentary and investment insight based on 10 simple wealth building principles.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2016 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 169: In this episode-
Markets are moving up due to faith in central bank stimulus Listener questions: Government Retirement G funds & my sources of market data Ignore what they say- focusing on Apple CEO Tim Cook’s comments about growth in China
My podcast appearances this week:
-
Ham Radio Fo Time Podcast: http://amateurradio15.com/44/
-
The Survival Podcast discussing Technological change as a nightmare or golden age: http://www.thesurvivalpodcast.com/nightmare-or-golden-age
10 Wealth Building Principles: https://www.wealthsteading.com/category/wealth-building-principle/
Full archives are available at: https://www.wealthsteading.com
Subscribe to the Wealthsteading Podcast:
via iTunes: https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058
via STITCHER: http://www.stitcher.com/s?fid=53115&refid=stpr
Hosted by John Pugliano. The Wealthsteading Podcast provides stock market commentary and investment insight based on 10 simple wealth building principles.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2016 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 168: The market is struggling and investors aren’t “buying the dip”. In this episode I compare and contrast current market conditions to what occurred during the August 2015 flash crash.
10 Wealth Building Principles: https://www.wealthsteading.com/category/wealth-building-principle/
Full archives are available at: https://www.wealthsteading.com
Subscribe to the Wealthsteading Podcast:
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Hosted by John Pugliano. The Wealthsteading Podcast provides stock market commentary and investment insight based on 10 simple wealth building principles.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2016 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 167: Today the S&P500 closed near support at 1850, which is my delineation between the likelihood of a Correction or a full blown Bear market.
(see: http://www.investablewealth.com/correction-or-bear/ )
We’ll have to wait and see how this works itself out. Now is not the time to panic, a prudent investor would have already taken precautions. In this episode I draw the analogy of checking the flashlight batteries before the lights go out.
It’s also important to remember that there is nothing new effecting this market. As a refresher, listen to the below previous episodes to understand what’s causing this correction and ways to deal with it:
12/1/14 #50- Reality of the strength of the US Dollar
https://www.wealthsteading.com/50
6/6/15 #116- Oil small fluctuation in supply (part 1)
https://www.wealthsteading.com/116
6/8/15 #117- Oil small fluctuation in supply (part 2)
https://www.wealthsteading.com/117
7/12/15 #124- China’s 3 strikes
https://www.wealthsteading.com/124
9/2/15 #133- What are you learning from this market correction?
https://www.wealthsteading.com/133
9/13/15 #138- Build watch list during market correction
https://www.wealthsteading.com/138
10 Wealth Building Principles: https://www.wealthsteading.com/category/wealth-building-principle/
Full archives are available at: https://www.wealthsteading.com
Subscribe to the Wealthsteading Podcast:
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Hosted by John Pugliano. The Wealthsteading Podcast provides stock market commentary and investment insight based on 10 simple wealth building principles.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2016 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 166: What’s going to happen in the stock market this year? I have NO IDEA…and neither does anyone else. Beware of those that claim they do!
Since I can’t provide you with a forecast, I’ll give you a no-cast covering my thoughts on what’s happening in the current market correction. And also discuss the importance of historic data and simple moving averages.
10 Wealth Building Principles: https://www.wealthsteading.com/category/wealth-building-principle/
Full archives are available at: https://www.wealthsteading.com
Subscribe to the Wealthsteading Podcast:
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Hosted by John Pugliano. The Wealthsteading Podcast provides stock market commentary and investment insight based on 10 simple wealth building principles.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2016 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 164: The stock market is sitting on a razor’s edge…will it recover and rally up or is it doomed for a bear market? It’s likely to have a relief rally briefly before it drops to new lows. BUT NO ONE KNOWS FOR CERTAIN.
The market is at an inflection point, full of uncertainly and there is no safe place to hide:
GOLD: The fear index is up but Gold can’t get much above $1100. OIL: There’s trouble in the Middle East with the Saudis and Iran but Oil is below $32. COMMODITIES: In general, I believe we’ll see commodities regress back to the mean of pre-Housing Boom prices, ie average prices prior to 2005. US DOLLAR: Countries throughout the world are devaluing their currency and yet the Dollar index can’t break above 100. TREASURES: Despite Fed tightening, the 10yr yield is under 2.15% but if you buy TLT you’re in effect “fighting the Fed”. EARNINGS: Corporate earnings and GDP growth continue to be revised down but the market continues to trade at high valuations. SENTIMENT: The Bears have a slight edge on the Bulls but professional buying of the “dip” seems to be waning. VALUE: Defensive value stocks are trading at extremely high valuations- MO 21PE; PG 19PE. LEADERSHIP: Google, Facebook, Disney, Tesla…are fading. SMALL CAP: The Russell 2000 has fallen below the August flash crash and is testing the lows from the Oct 2014 correction. FOREIGN: Europe, Japan, and Emerging markets are all reeling.
Keep watch on GROWTH in China…not their stock market. Oil is likely to drop well below $30 before stabilizing at around $45 once the Chinese economy is steady.
10 Wealth Building Principles: https://www.wealthsteading.com/category/wealth-building-principle/
Full archives are available at: https://www.wealthsteading.com
Subscribe to the Wealthsteading Podcast:
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Hosted by John Pugliano. The Wealthsteading Podcast provides stock market commentary and investment insight based on 10 simple wealth building principles.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2016 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 162: In this episode I discuss why you should not only consider Risk but also Alpha.
Alpha is the measurement of performance on a risk adjusted basis. As a simple (and graphic) illustration, consider the risk/reward associated with the game of Russian Roulette.
10 Wealth Building Principles: https://www.wealthsteading.com/category/wealth-building-principle/
Full archives are available at: https://www.wealthsteading.com
Subscribe to the Wealthsteading Podcast:
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Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 159: Market volatility continues ahead of this week’s Fed FOMC meeting. Ignore the media hysteria on interest rates, instead focus on growth (or the lack of) in China. This is a reference episode, where I discuss current market conditions by referring back to previous shows that cover these intricate factors in detail. Bottom line, there are no easy answers or formulaic solutions. I use simple methods to chart stocks but my conclusions are restrained by the cold hard fact that the world is a complex place- no one can predict the future !!! So don’t DELUDE yourself or allow yourself to be swindled by an “expert”. As I’ve said for most of this year- the safest place to be is in CASH…this is not a recommendation but rather my personal POSITION.
10 Wealth Building Principles: https://www.wealthsteading.com/category/wealth-building-principle/
Full archives are available at: https://www.wealthsteading.com
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Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 157: (Part I) Bad news is again good news on Wall Street…the indexes were up 1% today on news of slowing US manufacturing and the hint of more stimulus from the European Central Bank.
In this two part series, I’ll discuss the global markets and then comment on 1) the IMF and the Chinese Yuan (RMB); 2) Brick & Mortar Retail sales are flat; and 3) and slowing US Manufacturing.
10 Wealth Building Principles: https://www.wealthsteading.com/category/wealth-building-principle/
Full archives are available at: https://www.wealthsteading.com
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Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 153: Two topics in this episode:
This very resilient market is firing on all cylinders because of a convergence that I don’t think will last- Terrorism in Europe has helped Aerospace/Defense and Energy stocks; Fed interest rate hike is helping Financials; Dollar is strong because of Housing and Consumer Discretionary. But expect the volatility to continue because these are not supportive, in fact they’re counter-trends that are likely to bring the market back down once optimism fades. Radio Infomercials- watch out for “guarantees” and hucksters claiming to know “secrets” of the rich…a fool and his money are soon parted.
10 Wealth Building Principles: https://www.wealthsteading.com/category/wealth-building-principle/
Full archives are available at: https://www.wealthsteading.com
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Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 145: Part 2 of my explanation of a possible double top and a resulting market pullback.
Reference- 100 day moving average as an early warning system:
http://www.investablewealth.com/swing-trading-in-one-chart/
10 Wealth Building Principles: https://www.wealthsteading.com/category/wealth-building-principle/
Full archives are available at: https://www.wealthsteading.com
Subscribe to the Wealthsteading Podcast:
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Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 144: The S&P500 has behaved well the past two weeks; it is currently trading above 2000 which was a key point of resistance. From a technical perspective, the market may be forming a double top…meaning that the next move is down. The S&P500 high point since the correction (Aug 24&25) was an intraday high of 2020.86 on Sep 17. During the past three sessions, the S&P500 has UNSUCCESSFULLY tried to top that high water mark. Volume has also been weak the past three sessions. I’m concerned about a pullback.
In this episode we’ll also discuss poor sector leadership and the threat of a false Oil/Commodity recovery.
10 Wealth Building Principles: https://www.wealthsteading.com/category/wealth-building-principle/
Full archives are available at: https://www.wealthsteading.com
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Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 142: This is part 2 of a two part series. The S&P500 is hovering around 1950, more than 7% below its previous baseline; three rally attempts have quickly faded. A successful fourth attempt can only occur if Q3 earnings are favorable. In this episode I discuss signs that I see as weakness and postulate about further declines, possibly in the 1700 range.
10 Wealth Building Principles: https://www.wealthsteading.com/category/wealth-building-principle/
Full archives are available at: https://www.wealthsteading.com
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Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 141: This is part 1 of a two part series. The S&P500 is hovering around 1950, more than 7% below its previous baseline; three rally attempts have quickly faded. A successful fourth attempt can only occur if Q3 earnings are favorable. In this episode I discuss signs that I see as weakness and postulate about further declines, possibly in the 1700 range.
10 Wealth Building Principles: https://www.wealthsteading.com/category/wealth-building-principle/
Full archives are available at: https://www.wealthsteading.com
Subscribe to the Wealthsteading Podcast:
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Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 132: In this episode I explain why I remain long the US Dollar and discuss why I believe this market is likely to drop 15-20% with a good value (buy in) on the S&P500 at around 1810-1705ish.
But it’s not all gloom…this is a resilient market and any credible rumor of the Fed intervening with QE4 will bounce the market up.
10 Wealth Building Principles: https://www.wealthsteading.com/category/wealth-building-principle/
Full archives are available at: https://www.wealthsteading.com
Subscribe to the Wealthsteading Podcast:
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Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 124: In this episode we’ll touch on the likely (and risky) market recovery; downplay the significance of Greece (again); and emphasize my belief that the growth barometer is in China (for good or bad).
Over the past 35 years China’s mal-investments have caused overcapacity of industrial production/infrastructure (strike 1), overdevelopment of real estate (strike 2), and now a stock market Ponzi scheme (strike 3).
10 Wealth Building Principles: https://www.wealthsteading.com/category/wealth-building-principle/
Full archives are available at: https://www.wealthsteading.com
Subscribe to the Wealthsteading Podcast:
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Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 123: The S&500 sits about midway between two critical moving averages- it’s near 1% below the 100 dma and about the same percentage above the 200 dma. The money question is will it break up or break down?
This episode is a rapid fire discussion touching on all the things effecting the market: Greece, China, Puerto Rico, Commodities, Oil, US Dollar & the Swiss Franc.
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Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 122: The DOW has broken below its 50 dma and the S&P500 is hovering just barely above its.
More importantly, the S&P500 is only 0.5% above its 100 dma. If it breaks the 100 dma and doesn’t quickly recover, that’s a huge red flag because the 100 dma has been an extremely dependable support level.
That being said, this is an INCREDIBLY resilient market and two factors are in its favor:
Volume has been extremely tame during down days, so apparently institutional investors aren’t running for the exits. The 10 dma is comfortably above the 100 dma…last October when the index dropped nearly 10% it was precipitated by the 10 dma breaking below the 100 dma.
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Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 120: The S&P500 is again back below its 50 day moving average (dma)- not a good sign; however, today it did recover much of the morning’s losses closing in the upper 1/3 intraday range. Also, volume has been well below average during the most turbulent trading of the past week. So it’s a 50/50 call as to whether the index breaks down or up this week.
The 100 dma has been a strong support level for this market. Since January, support has only been narrowly breached 5 times. Presently the S&P500 is just below its 100 dma. For right now, that’s the key indicator- if support fails, it will most likely drop to the 200 dma around 2048. [As a reference, YTD the index has never dropped more than 0.75% below the 100 dma.]
Friday is options expiration, which could set the stage for a steeper drop in well above average volume, especially is fears over Greece continue.
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Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 118: The DOW is not only negative for the year, it’s also hovering just above its 200dma; the S&P500 is significantly below its 50dma; and the NASDAQ is struggling to hold its 50dma.
The positive news is that trade volume has been light, so there isn’t huge Institutional selling.
Is this foreshadowing of the long awaiting correction or just normal market vacillation?
Too early to call. This market has a distinct habit (PERSONALITY) of trading within a 3% range and pulling back around 6% before breaking out to new highs.
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Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 106: 401k employer sponsored retirement plans (much like 403b plans) have both good and bad features. Like all things economic, you have to make choices based on trade-offs.
The following is simply my personal opinion…it may not be relevant to your situation or preferences.
What I like about 401k:
Easy to set up a payroll contribution deduction through your employer. This encourages people to save by deducting the amount from their paycheck before they spend it. High contribution limits- under age 50: $18,000; over 50: $24,000 This is a good way to rapidly build up your retirement savings especially just prior to retirement or if you plan to get another job [assets can then be rolled over into an IRA/ROTH that offers more choices and lower fees]. ROTH accounts are now allowable. Employer match [this is essentially a 100% return on your money]
What I dislike about 401k:
Limited investment choices and designed inflexibility. These accounts are designed to encourage mutual fund buy & hold strategies. [My preference would be ETFs in an IRA/ROTH.] Most plans don’t even offer a money market as a cash equivalent. High fees. Although most fees are not readily visible, they’re there and are a major source for exorbitant profits to Wall Street. [My preference would be ETFs in an IRA/ROTH.] Targeted date funds. These are essentially mutual funds that allocate more of your assets into bonds as you get older. My problem with this is the illusion that bonds are SAFE- when interest rates rise, bond funds LOSE money. This is a positive to most people but not to me. The easier access is made to retirement savings the more people will spend it. Most employees also don’t realize that when they terminate employment, the loans must be repaid.
Bottom line- personally I would only contribute enough to receive the full employer match (this is a 100% return on your money) and then I would max out allowable contributes to a personal IRA/ROTH [which offers more choices and flexibility]. The exception to this would be if I were nearing retirement or knew that I’d be leaving the employer in a few years- then I would consider contributing up to the maximum limit, knowing in a few years I’d roll it over to an IRA/ROTH [that I would control].
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Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 105: I briefly discuss this range bound “musical chairs” market that is occurring as most indexes are at or near record highs. Be cautious. To get a feel for how the personality of the market has changed over the past 3.5 years, check out my recent article: http://www.investablewealth.com/market-musical-chairs/
I also revisit the concept of pursuing your dreams (from episode 102) in light of an AMAZING woman that holds the Guinness Book of World Records for solo circumnavigation of the globe in a sail boat. She was successful because she persevered. Read more about Jeanne Socrates at her website: http://www.svnereida.com/
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Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 104: This is part 2 of a two part discussion about current market conditions through the filter of a simple moving average (SMA). The SMA is a powerful and effective tool- but it’s ONLY ONE of many tools that we can use! I’ll discuss how I use it and how you can construct one for yourself.
Simple 50 and 200 day moving averages are available on charts at: www.investors.com
You can also modify and draw your own desired range of averages at: http://finance.yahoo.com
Read my article “Swing Trading in One Chart” which shows how a simple 100 day moving average could have helped you avoid a catastrophic loss during the DotCom and Housing bubbles: http://www.investablewealth.com/swing-trading-in-one-chart
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Hosted by John Pugliano.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 103: This is part 1 of a two part discussion about current market conditions through the filter of a simple moving average (SMA). The SMA is a powerful and effective tool- but it’s ONLY ONE of many tools that we can use! I’ll discuss how I use it and how you can construct one for yourself.
Subscribe to the Wealthsteading Podcast:
via iTunes: https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058
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Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 98: S&P500 is trading below its 50 day moving average- half the people I talk to are buying “on the dips” thinking the market will go on to make new highs; the other half are going short in anticipation of a large correction.
I’m sitting on the fence. In this episode I discuss why I think the market is trading in a bracketed range with no discernable indication of forward trend or momentum. I remain mostly in cash, which is my favorite fallback positon.
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Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 97: In this episode we’ll do a market review, discuss why corporate earnings are declining, and the implications for the market April-August.
Two biggest factors effecting the market are: 1) 10% of S&P500 is made up of Energy Sector which are experiencing an earnings meltdown; 2) Strength of US dollar hurting earnings at US Exporters and Multinationals (disadvantaged currency exchange rate).
Earnings and the expectation of future earnings is the primary driver of stock prices.
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Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 94: Volatility has returned sooner than I expected. My profits from this run were eroding and so yesterday I liquidated almost all of my long positions. I continue to be short Gold, Oil and also just yesterday initiated a short on S&P500 (when it dropped below its 50 day moving average).
In this episode I discuss the importance of having the discipline to sell and take profits (or a loss).
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Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 91: The markets ended February nicely and volatility is down from the turbulence that was common at the beginning of the year. I’ll be watching for stability and a base to form in March to decide when to sell and take profits. I’m on-guard for things to fall apart when 1st Qtr earnings are released in April.
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Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 90: Like a Rorschach inkblot test, Wall Street interprets Federal Reserve comments to fit their narrative. Janet Yellen didn’t clarify when the Fed Fund rate would rise, so global markets are taking that as good news and generally moving up.
As always, watch the 10 year Treasury yield. It’s again below 2%. I’m assuming that baring an external shock, the markets will remain stable through March. Turbulence will return as we approach April when 1st Qtr earnings will disappoint. [Weak exports, unfavorable exchange rates, decline in Energy sector profits, and payroll headwinds at retailers like WalMart.] The summer should be rough with the Greece bailout extension expiring and a Fed Funds rate hike looming.
Oil popped today- in this episode I’ll discuss why I’m still short.
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Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 87: Watch the yield on the 10 year Treasury. As long as it stays above 2%, I think the market trend will continue to favor foreign stocks that export to the US and are energy dependent. I’m betting on commodities to fall further.
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Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 81: Extreme volatility has persisted throughout the first month of the year. Other than a few exceptions, I’ve decided to invest in the reciprocal of what’s ailing the US market- foreign nations that export to the US and consume oil.
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Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 75: The markets continue their volatility, up significantly one day and down the next. With no apparent short term trend discernable. Many factors are contributing to this volatility- global slowdown, ECB pending QE announcement, Switzerland’s recent currency move, instability in the energy sector, the pending Greek elections.
With all the turbulence in the market, I thought it would be a good idea in this episode to discuss the old Wall Street adage- Buy the Rumor, Sell the News.
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Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 72: Extreme volatility continues to rock the stock market. The battle being waged is a tug-of-war between whether lower oil prices will be good or bad for the economy. That’s what we discuss in today’s episode- short term pain and long term gain (if oil prices stabilize lower).
$600/oz gold? To read my commentary on Oil’s effect on Gold deflation see: http://www.investablewealth.com/revisiting-600-gold/
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Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 68: The market has been down the past four trading sessions, not a good way to start off the year. Both the S&P500 and NASDAQ are trading below their 50 day moving average.
My opinion is that this is more about the state of the global economy than about the price of oil. Today 10 year Treasuries hit 2.04%, that’s a sure sign of fear. Watch to see if the S&P500 can stay above 2016. If not, 1972 is the next stop on the way to the 200 day moving average at ~1955.
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Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 62 The Federal Reserve didn’t address any of the global issues but they did promise to be patient with raising interest rates and also mentioned that inflation could drop to as low as 1%.
The market likes cheap money and low energy costs so we’re back near all-time record highs on the S&P500. This was a very shallow and extremely short lived pullback, perhaps the market is changing personality and we’ll see more volatility and switchbacks in early 2015.
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Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2014 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 58: Today the S&P500 broke below its 50 day moving average, the NASDAQ is resting on its.
The 50 day line is a key indicator, watch to see if it ultimately acts as support for the indexes. If not the breach could result in a fall to the 200 dma (and below). That would take the S&P500 to about 1945, which in my humble opinion is likely since that’s less than a 2% drop. Today the S&P500 was down 0.63% with intraday fluctuation of 1.8%.
On Wednesday the Federal Reserve will hold a press conference- they’ll try to placate the markets. Watch to see the reaction of Wall Street. The Fed may be losing their grasp as the manipulator of last resort.
The real story is reflected in bond yields. The 10 year Treasury yield continues to drop, now at around 2.12%. That’s a sure sign of concern among major institutional investors. If they’re concerned, you should be too.
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Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2014 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 55: The bottom line- this week US Treasuries fell more than 8.5%, while at the same time consumer spending is accelerating. The Big Money is fearful of energy sector default (corporate & government). The panic has spilled over to non-energy related stocks. I've taken profits and will wait for the next opportunity.
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Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2014 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
Episode 54: Today we discuss the continued volatility in the markets. I also talk about why I’ve recently taken a position in Germany.
My recent appearance on The Survival Podcast where I discuss building wealth through small business with Jack Spirko: http://www.thesurvivalpodcast.com/pugliano-small-business
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Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2014 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.