The fourth quarter is off to a weak start which should not be a surprise. As I mentioned in my previous review on July 6, 2018, we expected a general stock market correction could develop as early as the latter half of the third quarter. The continuing uncertainty surrounding the Chinese tariff
2018 Q2 Review
During the second quarter of 2018, it was a mixed bag, the Dow Jones Industrial Average (Dow) gained 0.7%, the NASDAQ Index gained 6.9%, and the S&P 500 Index gained 2.9%, while the iShares Barclays 7-10 yr. Treasury Bond ETF (IEF) lost 0.7%. I have started my quarterly commentary with the
2018 Q1 Review
Happy spring to everyone. I hope your weather is better than here in Chicagoland where we recently had a dusting of snow. Maybe the dusting is just a reflection of the cold-shoulder the markets have given investors in recent weeks. The recent market choppiness is due to speculation
2017 Q4 Review
We hope you enjoyed the holidays and are looking for a bright 2018. By my estimation, investors should be optimistic for the new year. A good showing for 2018 would be a continuation of a prosperous 2017. On the heels of the Tax Cuts and Jobs Act of 2017 passage, the New Year is also coupled with
2017 Q3 Review
Dear Investor, I hope this letter finds you well and you are looking forward to the cooler months to come. The stock market continued to grind higher in the third quarter just like the T-1000 Infiltrator in the movie Terminator 2. Being like the T-1000 the stock market deflected, absorbed, and
2017 Q2 Review
Dear Investor, I hope this letter finds you well and enjoying the summer months. The key word describing the political, economic and financial environment today is impatience. Lately the U.S. stock indices have seen their daily volatility increase and in some instances these indices have moved