February 2018

The contribution limit for 401(k) plans has been increased by $500 to a total of $18,500 for 2018. For those of you over age 50, you can squirrel away an extra $6,000 bringing the total deferral to $24,600.

November 2017

There seems to be no letup in the strong economic data that continues to support a growing US economy and robust stock market. Yet the average number of shares traded on a daily basis is lessening of late and there’ve been many days where more stocks decline in price...

October 2017

Keep an eye on Utility, Tobacco and the stocks of companies you buy regular, everyday household items from. They’re considered staple / defensive stocks. These products or services are used or needed regardless of a bull or bear market. Although neither segment is in...

September 2017

Last month I likened the stock market to a box of chocolates. On any given day, ya never know what you’re gonna get. Remember August 24th 2015? The S&P pulled back 4%. Today (9/1/17) it’s within 1 point of an all-time high.

August 2017

Consumer confidence is at a 16 year high and major US stock indexes seem to break records every day. Although I feel this bull market remains in place, I’d liken this ride up to a box of chocolates. Stay long keeping in mind it’s been nearly 19 months since the...