The Fed acknowledged early in 2019 that they would not raise rates any more, (they were on hold) in 2019, then proceeded to cut rates three times. The Quant models looked at that as a positive when, in reality, it was just a trading algorithm factor.
Mike Lomas, Glenn Wiggle, and Dan Neiman article seen in multiple websites and magazines on bringing expertise and high-quality investment options to advisors and clients throughout the country.
Here is our next installment of the weekly market updates during the COVID-19 Pandemic. On this call we have Chartered Financial Analyst John Thur, Charted Financial Analyst Paul Meeks, CIO Dan Neiman, Dave Mariacher, Mike Lomas, and Glenn Wiggle. This call centers around updates in the market and where the market is heading in the … Continue Reading
Mike Lomas is on WBEN 930 AM talking about the markets and what he thinks the market will see in the near future.
As measured by the S&P 500, U.S. stocks have bounced — and what a rebound it has been — 22% from the March 23 low, which was only 12 trading days ago. That’s madness, but at least we’re heading in the right direction. But where do we go from here? Is this a bear market … Continue Reading
It was an awful quarter for the financial markets, but, of course, that’s less important than the toll that the coronavirus has taken on lives worldwide. The S&P 500, the bellwether for U.S. stocks, was -20%, although it had been -35% from its high on February 19 to its low on March 23. History-making stuff. … Continue Reading
March is now behinds us and the markets have been pretty rough lately. However, everyone at Independent Solutions Wealth Management has been working tirelessly to make sure you get the most up to date information on the market. Watch the last 2 weekly client and committee calls below to know what’s been going on in … Continue Reading
There is not a single day that goes by that you won’t hear the news that involves the coronavirus. The economic, finance and tech worlds are no different. Lately, you can find information on how to navigate a post coronavirus world. There is news on how to work with your 401k, such as radio interviews, … Continue Reading
Here s our second installment of the weekly market updates during the COVID-19 Pandemic. On this call we have Chartered Financial Analyst John Thur, Charted Financial Analyst Paul Meeks, CIO Dan Neiman, Dave Mariacher, Mike Lomas, and Glenn Wiggle. We talk stocks, opportunities in the market, and more. Whether you are a client or not, … Continue Reading
Although I am happy to see the market rebound strongly the past two days, I still do not recommend rushing into stocks. I see that decision as a three-step process. First, we begin to suffer the economic hit from the coronavirus. Second, we get the government’s monetary and fiscal stimulus responses. Third, and this is … Continue Reading