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Good Evening, The market has been on pause this week as it awaits the conclusion of the June Fed meeting. As usual, the meeting will conclude with an announcement and news conference at 2:00PM tomorrow. We always take the Fed seriously and have always told our group not to fight the Fed. I know it seems like I have said it a lot in recent months, but brace yourselves because I’m going to say it again. This Fed meeting is ...

Good Evening, The main theme of the market has not changed. It is still about the recovery but the way the market reacts to the recovery news is slightly different than it was in the spring. Let me explain. In the spring the emphasis was more about the recovery, about if we would recover and how long it would take. It is pretty much accepted and baked into the market that the US will have a full and timely recovery ...

Good Evening, In recent weeks the market has begun to settle down a little bit. While that is good it still has quite a bit of damage to repair from the recent sell off. What are you talking about Scott? The S&P 500 is within a point of an all time record! Yes that is true but the major indices have become somewhat disconnected with what is going on with the average stock. If you don’t think so ask the ...

Good Evening, Things have settled down a bit and we have started out this week well……normal. Yes the best description of the action so far this week is normal and I attribute that to the fact that we have no major crisis so far this week. I praise God for that. The main things that have settled us back down to a state of normal are first that the crypto currency market has recovered from last weeks major selloff and ...

Good Evening, Well I’m back. I bet you hardly missed me. I had some really challenging internet coverage to say the least at some of the places I was staying, but I managed to keep up somewhat with what was going on…… I found myself wishing that I had not been able to view the trading at all as the action tended to be nauseating! The market continued to be without clear leadership and when you added other news related ...

Encouraging Signals Outweigh Realistic Concerns

You may ask, “Okay. I know what the investment world has produced over the last 20 or so years but what does the future hold for me?” You remember 2000, ‘01 and ’02 and how the market roared back stronger until 2008 came along. The market has grown like gang busters since 2008. Of course, we cannot forget last spring, due to Covid19 closures and its dramatic recovery. Now, what can we expect?

Regardless of a few ...

My TSP Guide:

Good morning mytspguide.com subscribers. My name is Todd Dudley, Financial Adviser with Raymond James Financial Services.

Even though I have been in the business since 1992, I feel I am trying to fill large shoes while standing in for Scott Grimes, as he takes a well-deserved vacation over these 2 weeks. For now, stay the course in regards to his last recommendation.

As Scott has shared with many of you, I am willing to assist you with any questions you ...

Good Evening, Wow, it doesn’t seem like a week since I wrote the last blog it seems more like a month. This market has absolutely been though the gauntlet of different types of action. One day recovery stocks are leading, one day tech is leading, the next day we’re selling off because the White House wants to raise the capital gains tax, the next day stocks recover because it’s no big deal, the next day tech leads the market back ...

Good Evening, The market so far this year will try your patience. The major indices seem OK, but the action underneath is choppy. Most savvy investors move their money around to the stocks and funds in the hot sectors and are able to outperform the market as a whole by using this tactic. So far in 2021 that has not been the case. The sector rotation has been volatile moving from tech to value to safe havens such as real ...

Good Evening, The overall dynamics of the market has not changed it’s still swinging from recovery stocks to tech and back on a daily to weekly basis. What’s good one day doesn’t work the next and visa versa. It has been very hard to make any substantial headway. The market feels more like it’s moving sideways  than it does like it’s in the midst of a bull run. It’s true that the major indices are setting new records but the ...