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Retirement Capital Strategies
  • Getting Started
  • Testimonials
  • Learn More
    • About Us
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    • Managing Your Wealth
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    • Maximizing Social Security
  • Talk Money with Tom
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  • September 17, 2020

Shelter-in-Place Market Update 9.17.2020. Market sentiment indicators.

Disclaimer - Read More

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.

Transcript

Hello, everybody, welcome to Thursday. Today, the S&P 500 was down a little bit more than .8% was down farther went up, it came back down, it was a pretty volatile day all together. A lot of what we are seeing so far here in September, especially after about the second of the month, has been very similar. Market is trying to find, you know, a direction, we’re bouncing in between resistance, the stocks move up, and then people are taking profits. And so there’s enough uncertainty, again, I think they’re driven by, you know, the presidential election, and the stimulus package as far as that goes. And that’s all fine.

The leadership today was very strange, you know, Poland was the number one holding in the 415, you know, stock targeted indexes that I follow. So this is very much so what we saw a while back where we had very strange leadership. And really what I see is not rotation right now. It is money that is just going off the table. And then it comes back in we saw that on Monday and Tuesday, the money’s coming back in one of the things I follow what’s called sentiment. So sentiment indicators are basically how people are feeling about the market, how many people think it’s going up versus how many people think it’s going down.

And there’s one ratio called the put-call ratio. And without getting too technical with it, essentially, it just shows how many people are betting on an option, where the market needs to go up for them to make money versus how many people are betting on an option that the market needs to go down. And sentiment indicators are exactly the opposite of what to expect, when a huge number and a vast percentage of the people think the markets going up. What that means is that they’re kind of already invested and people are in, and there’s nobody left to push it farther. And the same thing the other way when everybody thinks is going down, they’ve already sold and the only people left are the ones that are coming back in to buy.

And so the second of December is when we hit the extreme portion of the put call ratio where people thought the market was going to go even higher. It’s the highest we’ve seen on that ratio. And now that has come way back, actually. So that’s usually a very good sign. So there is some things perking here. I think we just got to kind of keep going with this volatility and wait this out. Bonds did do well today. So that’s good. You know, we got to have our parachutes in there for these kind of days. But I think again, just a little bit of patience here and we just kind of get through this period of time and see what happens from here. Look forward to seeing what’s going to happen on on Friday here and see how we finish out the week. So I will talk to you then. Thank you.

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Disclaimer - Read More

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.

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