Bouchey Blog
Written by: Steve Bouchey Investors who were disciplined enough to stay the course and those that took the opportunity to add stocks to their portfolios were rewarded today with one of the year’s biggest daily gains for the DJIA. The Dow has lost almost 1000 points over the past month and rallied 264 points…
Written by: Steve Bouchey Happy Columbus Day !!! Investors haven’t experienced volatility like this in quite some time and you’d have to go back to October 2011 for the last time the markets suffered a 10% correction. Last week’s roller coaster ride was enough to remind investors that stocks never continue on straight path…
Market Overview U.S. large cap companies continued to show strength in the 3rd quarter with the S&P 500 index increasing 0.66%, extending its string of quarterly gains to seven and pushing the year-to-date gain for the index to 6.68% as shown in Exhibit 1. During the quarter, the index hit its 34th record close on…
Written by Stacy Akaka In today’s economy of “self responsibility”, the ability for an individual to retire depends upon their success in saving for retirement and building wealth. This creation of wealth is in stark contrast to the retirement of previous generations that relied upon pensions and family support to retire and whose retirement was…
Written by: Martin X. Shields A term you hear recently in the news is the “inversion” of U.S. companies as they merge with a foreign company in order to reduce their U.S. federal tax bill. There are a number of firms who have recently taken this action including AbbVie (ABBV) a U.S. pharmaceutical firm that…
Written by: Ryan Bouchey Many clients of ours hold Apple, and with its success over the years the position has grown to be a rather large allocation in some portfolios. The question now becomes -how do we treat the upcoming Apple announcement next week and what are the long term prospects for Apple’s share price?…
Written by: Ryan Bouchey With the recent volatility around the globe and particularly in the US stock market, investors have the tendency to make dramatic changes to their portfolios to avoid any losses. With geopolitical uncertainty, an unclear picture of what the Fed may do next and the fear of a potential market correction…