Updates, Tips, & Finance News

Hi there,

This past week's update is coming to you a few days, but here it is:

Corporate earnings are underway, and in our view, investors are going to be looking at this for a positive boost to the markets.

An interesting statistic is that 82% of the time since 1950 when the first five days were positive for the stock market, the S&P 500 index ended the year higher with an average gain of more than 13%.

Guggenheim, a world-renowned money manager came out saying that a combination of a Fed pause, decent earnings growth, and a modest recovery in price/earnings multiples will likely push the S&P 500 index to new highs.

We may see the stock market potentially reach new highs from where we were last year!

Best,
Saul


Disclosure: The information provided should not be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities and should not be considered specific legal, investment or tax advice. The information provided does not take into account the specific objectives, financial situation or particular needs of any specific person. Diversification does not ensure a profit or protect against a loss in a declining market. There is no guarantee that any particular asset allocation or mix of funds will meet your investment objectives or provide you with a given level of income. Forecasts or projections of investment outcomes in investment plans are estimates only, based upon numerous assumptions about future capital markets returns and economic factors. As estimates, they are imprecise and hypothetical in nature, do not reflect actual investment results, and are not guarantees of future results. Investing entails risk including the possible loss of principal and there is no assurance that the investment will provide positive performance over any period of time. The statistic that 82% of the time since 1950 when the first give days were positive for the S&P 500 index, we ended the year higher with an average gain of more than 13% was in reference to the Stock Trader’s Almanac post. An index is unmanaged, does not reflect management or trading fees, and one cannot invest directly in an index. The statement about the S&P 500 index reaching new highs from a combination of the Federal Reserve pausing interest rate hikes, decent earnings growth, and a modest recovery in price/earnings multiples was in reference to Guggenheim Partners’ publication titled, “10 Macro Themes for 2019.”