May 31, 2024
With weaker economic data trickling in, are Fed rate cuts coming sooner than later? What's the deal with 401k's? The best way to take money out of a 401k; executing an "in-service rollover;" tax implications and fund seasoning details you need to know; remember fees and expense ratios. What about Roth's: pre-tax funds...
May 30, 2024
Houston is finally #1 in something: Home Foreclosures; Q1 economic data suggests conflict with narrative the economy is doing fine vs anecdotal evidence. The Fed's Beige Book summary shows not as much concern for inflation as for weakening consumer demand. Weaker stock pricing is also emerging; Can markets hold the...
May 30, 2024
The S&P really hasn't gone anywhere, just consolidating over the past two weeks. We think markets will crack and trigger a MACD Sell Signal, suggesting weaker pricing is on the way. The question today will be whether the market can hold the 20-DMA. Bitcoin is beginning to weaken, also ready to trigger a sell signal;...
May 29, 2024
It's all about the Fed, never mind the fundamentals. markets have gone essentially nowhere, driven almost entirely by Nvidia. Markets are close to a short-term sell signal. It's time to rebalance portfolios. Corporate Greed does not cause inflation: The simple truth. 401k rollowver problems; why few receiving...
May 29, 2024
Markets have been doing well of late, thanks in part to the excellent performance of Nvidia, the one stalwart of the AI semiconductor chase. The stock was up another 8% Tuesday as the whole AI idea continues to permeate the market. Nvidia is now larger than Tesla, IBM, and about eight other companies, all combined, with...