Shelter-in-Place Market Update 10.9.2020. More things that could make the market go higher.

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

Hello, everybody, welcome to Friday, S&P 500 was up almost .9% today, making for a really good week and clean energy did really well today. Nine weeks ago, I talked about all of the positive things that I saw that could make the market go higher. And I’d like to go over a list that I made again now, because I think that news continues to focus on the negative. And there are some very possible things that could happen to the downside, but you can find those very easily. But I don’t know that this list is in front of people enough. And so you know, the 200-day, the 50-day, the 20-day in the 10-day moving average on the S&P 500 are all going up. And the price is above all those that is great momentum.

All of my weekly indicators are positive, and they have been for quite some time now. The economy and unemployment continue to improve. Analysts expect the S&P 500 earnings for 2021 next year to be higher than 2019, which was an all time record, and they expect 2022 to be even higher than 2021. The virus, we continue to get better at operating within this virus businesses are getting better. And I think that’s helping a lot. And we get closer to therapies and cures and vaccines possible vaccines as we go here. Interest rates are at zero, there’s no place to go except for real estate and stocks as far as I’m concerned. New stimulus package as possible big news this week, really, they’re still working on it. Federal Reserve said they do anything to help the economy and the markets. That’s still one of the biggest pieces of news out there.

Right now, Biden is leading in the polls. And we know from 2016, that polls aren’t the be all to end all to tell who’s gonna win. But Ned Davis research put out a report over the last 100 years if you had a democratic president, the Dow averaged 7.8%. If you had a Republican president and average 3.4%, clean energy is going through the roof. And China just announced that they are going to try to become carbon neutral by 2060. They’re one of the bigger offenders in this area. So they’re going to have to come a long ways, which means massive expenditures into clean energy, which is great for us, because we have a lot of that right now. The Americans saved $1.1 trillion, more than average, since the pandemic started. And we have trillions of dollars still in money markets, this could be a really good Christmas season as far as that goes. And even if we don’t have a stimulus, there might be enough money coming out of these money markets to kind of provide some of that economic, you know, stability that we need to make sure this market can keep going.

The market has broadened out. And this is maybe a huge deal used to just be advanced medical and technology, we had our portfolios very narrow, it was only place to go. And now we’ve been able to move out and very successfully into home construction and home improvements, consumer discretionary, Smart Mobility, pet care and of course, clean energy. And the bond market is signaling that it likes the stock market and the economy by if you just look at treasuries are doing kind of poorly. And that’s usually a sign that things are better, and high yield bonds are doing better. Again, same thing. The bond market has had some pretty good success at predicting what’s happening in the future. So that that’s the list. I think it’s great to you know, understand and to have some focus on what might be happening positive. And let’s see what happens next week. This is a really interesting timeframe right now. Thank you for listening.

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.