Latest Posts

Skyrockets in Flight

by Zach Marsh on Feb 14, 2020

To say that the stock market has been on a tear lately would be a bit of an understatement.  Since October 1st of last year the S&P 500 is up over 14% and the Nasdaq 100 index is up an impressive 24%!  Additionally, in the past 90 days, the Nasdaq 100 index has finished higher 60 of those days.  The 67% win streak for the tech index is far higher than the nearly coin flip a

There’s A Lot of Resulting in the Results

by Zach Marsh on Feb 7, 2020

As morning broke Monday, with the Super Bowl finish only hours old, the real “answers” started to pour in.  Did Patrick Mahomes and the Chiefs win the game or did Kyle Shanahan and quarterback Jimmy Garoppolo lose it.  It is nearly impossible in today’s television era to simply enjoy a contest.  No, we aren’t content unless we can assign blame.  Sure, we all like heroes, but a real goat i

Anchorman, and The Loss Aversion Conundrum

by Zach Marsh on Jan 31, 2020

Last week Intel Corporation reported quarterly earnings that surpassed expectations.  The stock rose 8% to close at $68.47 per share.  On CNBC that day, the commentators were discussing about whether Intel stock would soon be back to its all-time highs.  Most thought that it was just a matter of time before it recovered its highwater mark of $74.87.  Hardly a noteworthy matter you may thi

I Don’t Know has a Certain Je Ne Sais Quoi

by Zach Marsh on Jan 24, 2020

They say wisdom and age go hand in hand.  I don’t know if that is true or not, but I can say that as I’ve aged, I have become a bit wiser.  One morsel of wisdom I have acquired recently is the realization that there is a lot a freedom and power in one simple three word sentence.  That sentence is:  I don’t know.  Within that admission is the acceptance of our human condition, we are not o

Don't Stop Me Now

by Zach Marsh on Jan 10, 2020

The market continued its march higher this week, with the S&P 500 gaining another 1.5%.  Since December 3rd the S&P 500 has now risen over 6%.  The move in the large cap index is reminiscent of the rally from December 2017-January 2018.  That move two years ago saw the S&P 500 rally over 9% in just about a month and a half, before the floor fell out and the market d

Where Do We Go From Here

by Zach Marsh on Jan 3, 2020

Now that we’ve turned the calendar to 2020, we can look ahead to what the coming year may bring.  Any attempt to forecast the future in highly volatile processes like financial markets is fraught with attendant skepticism.  Events occur that effect the market and by nature all of the events which move markets are unexpected, that’s what moves markets.  President Trump orders a military st

Ain't No Party Like an Impeachment Party

by Zach Marsh on Dec 20, 2019

At times the stock market can be a pretty good barometer of American sentiment.  And if Nancy Pelosi wanted her Democratic colleagues to present a solemn façade as they voted for impeachment this week, the message was received in the financial markets as well.  With all of the surprises of a funeral, the House of Representatives voted Wednesday night to impeach President Donald Trump.  The stock market reaction?  A yawn.

A Lingering, Unresolved Quandary

by Zach Marsh on Dec 13, 2019

This week it seems as if there is beginning to be some light at the end of a long tunnel of uncertainty.  Two items that have been hanging over, not just the market, but the entire geo-political system, appear closer to resolution.  Not only can this portend to be a good, short-term lift for the stock market, but almost more importantly, we can finally stop hearing about it on the news.