WARNING! Use Extreme Caution! “After two years of ‘up, up, up’ this must be a great time to be an advisor – it just doesn’t get much easier than this!” This theme was more common than expected as we exchanged holiday wishes with friends and clients. The reality is just the opposite. This environment is […]
Market Breadth Portends Trouble Ahead; Tech in Crosshairs? Market Breadth – the degree to which all companies in an index contribute to index returns – has been on the decline and is now reaching extremes. Stocks returns tend to be weaker-than-average with deeper declines, when following a sharp narrowing of breadth. The chart below shows […]
TD Ameritrade Interview Watch here as Philip Palumbo, CEO and CIO of Palumbo Wealth Management discusses Home Depot earnings and gives his stock picks including Home Depot, Disney, Nvidia, and Qualcomm.
