Market Update: November 4, 2021 New, Yet Familiar Trends Are Emerging

Tom Vaughan is a Certified Portfolio Manager and CEO of Retirement Capital Strategies. Retirement Capital Strategies is a registered investment advisor located in San Jose, California.

The opinions voiced in these presentations are for general information only and are not intended to provide specific advice or recommendations for any individual(s). The information provided herein is obtained from sources believed to be reliable, but no reservation or warranty is made as to its accuracy or completeness. Statements and opinions are subject to change without notice. Asset allocation and portfolio diversification cannot assure or guarantee better performance and cannot eliminate the risk of investment losses. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. Accordingly, you should not rely solely on the information contained in these materials in making any investment decision as the material does not take into account your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. You must make an independent decision regarding investments or strategies mentioned in this presentation. Before acting on information discussed in this presentation, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment advisor. Prospectuses, investment objectives, risks, charges and expenses of any investment product should be reviewed carefully before investing. This platform is solely for informational purposes. Advisory services are only offered to clients or prospective clients where Retirement Capital Strategies and its representatives are properly licensed or exempt from licensure. No advice may be rendered by Tom Vaughan or Retirement Capital Strategies unless a client service agreement is in place. “Likes” are not intended to be endorsements of our firm, our advisors or our services. Please be aware that while we monitor comments and “likes” left on this page, we do not endorse or necessarily share the same opinions expressed by site users. While we appreciate your comments and feedback please be aware that any form of testimony from current or past clients about their experience with our firm is strictly forbidden under current securities laws. Please honor our request to limit your posts to industry-related educational information, comments and questions. Third-party rankings and recognitions are no guarantee of future investment success and do not ensure that a client or prospective client will experience a higher level of performance or results. These ratings should not be construed as an endorsement of the advisor by any client nor are they representative of any one client’s evaluation. Investment positions mentioned in these videos may be held in some of our existing portfolios. Tom Vaughan and Retirement Capital Strategies are unaffiliated and separate from those companies whose investment positions are mentioned and is not liable for their products or services.

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Transcript:

Tom Vaughan:

Hello everybody, welcome to Thursday. The S&P 500 was up .42% today. All-time high record again. NASDAQ hit an all time record again today, very hot market. I think it’s important right now to kind of identify some of the things that are really leading this market. Between the middle of February and really the beginning of October, there hasn’t been any leadership that I can see. Things have been rotating so quickly through. The overall market’s done well. We’ve been invested in the overall market because of that. But we’re starting to see some leadership here that seems to be pretty persistent. And it’s very similar leadership to what we saw last year. November, December, January, all the way through halfway through February was really one of the best runs I’ve ever seen; Clean Energy, technology, genomics, etc, those types of things.


And we’re seeing the same type of thing. So we’re seeing some big tech companies like Tesla, Nvidia, Microsoft make really big moves in this particular upturn. We’re seeing Clean Energy as a whole do really well, electric vehicles doing well. And we’re seeing cloud computing, etc, really moving. Cybersecurity is another one that’s been doing quite well here in this recovery. And so, these are things that we’re really doing well up to the middle of February, and then you know, kind of really bottomed out and fell down some from those highs, and now they’re all starting to make a really nice recovery.


And so there’s been some momentum, some people jumping in. We made some changes to the portfolio this morning, just to jump into some of those trends and see how that goes. We still own a lot of those pieces in our trust accounts, because we had big capital gains, we had to kind of sit on and, and not sell to take the big gains. And that’s worked out well as they start to recover now.


So really fascinating, we’ll see if it continues. But it looks really good right now. And one of the things that has happened is we’ve seen companies like say Apple, which I love, but it hasn’t participated as much because it’s having some trouble in this environment, whereas a company like Microsoft and Tesla, which seems to be able to deliver their cars in this environment quite well have done really well. So there is a little bit of a dividing line going on right now. And what that does do as it kind of focuses some of that money on fewer companies, a little bit like what we saw during the pandemic, for those companies that can operate in this environment.


So we’re looking at supply chain issues, and labor issues and potential inflation issues who can do well, and that’s what we’re seeing. We’re seeing those companies really start to gather money and start to move right now. So we’ll see if that continues. It’s a little bit early, but it’s very strong, and very, very clear as to where this money’s going right now.
So, very exciting actually, because these are areas that I really do like. And I think that you know, they’re really the future of this country and the future of the investing world. So I hope they continue to do well. So anyway, that’s what’s going on right now. Look forward to talking to you tomorrow. I got my Talk Money with Tom show; I’ll do my summary. You can ask questions and what have you. So if you get a chance, join us from 12:15pm to 1:00pm and I’ll see you then. Thank you very much.

Tom Vaughan is a Certified Portfolio Manager and CEO of Retirement Capital Strategies. Retirement Capital Strategies is a registered investment advisor located in San Jose, California.

The opinions voiced in these presentations are for general information only and are not intended to provide specific advice or recommendations for any individual(s). The information provided herein is obtained from sources believed to be reliable, but no reservation or warranty is made as to its accuracy or completeness. Statements and opinions are subject to change without notice. Asset allocation and portfolio diversification cannot assure or guarantee better performance and cannot eliminate the risk of investment losses. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. Accordingly, you should not rely solely on the information contained in these materials in making any investment decision as the material does not take into account your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. You must make an independent decision regarding investments or strategies mentioned in this presentation. Before acting on information discussed in this presentation, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment advisor. Prospectuses, investment objectives, risks, charges and expenses of any investment product should be reviewed carefully before investing. This platform is solely for informational purposes. Advisory services are only offered to clients or prospective clients where Retirement Capital Strategies and its representatives are properly licensed or exempt from licensure. No advice may be rendered by Tom Vaughan or Retirement Capital Strategies unless a client service agreement is in place. “Likes” are not intended to be endorsements of our firm, our advisors or our services. Please be aware that while we monitor comments and “likes” left on this page, we do not endorse or necessarily share the same opinions expressed by site users. While we appreciate your comments and feedback please be aware that any form of testimony from current or past clients about their experience with our firm is strictly forbidden under current securities laws. Please honor our request to limit your posts to industry-related educational information, comments and questions. Third-party rankings and recognitions are no guarantee of future investment success and do not ensure that a client or prospective client will experience a higher level of performance or results. These ratings should not be construed as an endorsement of the advisor by any client nor are they representative of any one client’s evaluation. Investment positions mentioned in these videos may be held in some of our existing portfolios. Tom Vaughan and Retirement Capital Strategies are unaffiliated and separate from those companies whose investment positions are mentioned and is not liable for their products or services.

By participating in any of these live streams, you agree that any questions submitted by you might be used by us in the future on this YouTube channel. We will not share your personal information.

If you have questions, please write to us at: asktom@talkmoneywithtom.com.

  • MoneyGuidePro®
  • Advent Software/Black Diamond Reporting
  • Riskalyze, Inc.
  • thinkpipes®
  • Right Capital
  • YCharts, Inc.