Transcript: Tom Vaughan: Hello, everybody, welcome to Tuesday, the S&P 500 had a green shirt day today up 2.8% Kind of have some good news and some bad news, I’ll cover the bad news. First, it seems like this particular rally was a short squeeze. And so when you hear that, what they’re talking about
Transcript: Tom Vaughan: Hello, everybody, welcome to Monday, the S&P 500 was down a little bit over point 8%. Today actually was up as much as 1%. Really early in the morning, and then kind of held in there. But the news that seemed to drive it down the most was the fact that Apple
Transcript: Tom Vaughan: Here’s the S&P 500, so far year to date, and what we have here is a breakdown of, you know, the market. Overall, we can see that it’s been coming down, you know, since the beginning of the year, it actually hit the all time high there on the third of January,
Transcript: Everybody, welcome to Thursday, the S&P 500 was down point 3% today, but that was actually kind of an accomplishment because it was down nearly 2%. At one point. In the morning, the market dropped right away, based on the reports of earnings from JP Morgan and Morgan Stanley, both companies came in under
Transcript: Easan Arulanantham: My portfolio’s down, is now a good or bad time to start thinking about conversion of my Roth? Tom Vaughan: So let’s say I’ve got an IRA, just to make up a number of $100,000 in the IRA, and I want to convert, say, 50,000, because that’s all I can afford, I’ve
Transcript: Easan Arulanantham: Why is oil crashing we’ve seen this week where it just kind of dropping quite hard compared to where it was a month ago. Tom Vaughan: Yeah, so the, I think the biggest reason oil has been coming down because it actually hit $130 A barrel as a high, got down to
Transcript: Easan Arulanantham: Does budget ever change in retirement? As I get older, I expect to travel us and should I plan around just having a lower budget when I get home in my advanced years? Tom Vaughan: We have not seen dramatic decreases in budget based on age, mainly because people have a certain
Transcript: Tom Vaughan: Hello, everybody, welcome to Tuesday, the S&P 500 was down point 9%. Today. As you know, over the last few weeks, we’ve been getting defensive, moving some of our stock market portions into treasury bill ETFs, and inverse ETFs, that go the opposite direction the S&P 500 has kind of paying off
Transcript: Easan Arulanantham: Why is the market going up as recession fears increase? You know, you talked about how like good news is now being taken poorly by the market. Can you explain that a little bit further? Tom Vaughan: Yeah, so recession fears are going up. And that at least this week, and even
Transcript: Tom Vaughan: Everybody, welcome to Monday, the S&P 500 was down 1.2% Today, tried to rally back up and then really failed. At the end, I think what’s happening on Wednesday with the consumer price index, the CPI reporting is really kind of weighing on the market right now, the expectation is that the