Money Wise

Dow in Correction, Media Noise & What Wall Street Won’t Tell You

Sat, 28 Mar 2026 16:00:00 -0000

Welcome back to Money Wise, where we pull back the curtain on Wall Street and give you the whole truth, not just the half. It was another rough week across the major indices. The Dow Jones Industrial Average fell roughly 408 points, or about 0.9%, while the S\&P 500 dropped approximately 138 points, down 2.1% on the week. The NASDAQ led losses, declining around 700 points - a 3.2% slide. Year-to-date, the picture remains challenging: the Dow is down 6%, the S\&P 500 is off 7%, and the NASDAQ has shed nearly 10%. Notably, the S\&P 500 now sits well below its 200-day moving average and is down roughly 9.1% from its intraday high, putting it on the edge of correction territory alongside the Dow and NASDAQ.

The Money Wise guys discuss how this correction continues to be driven largely by headlines, particularly geopolitical news surrounding Iran, rather than by a deteriorating fundamental backdrop. They note that strong earnings and a resilient labor market remain in place, even as housing has softened again with rates moving higher. The team cautions listeners to cross-reference news sources carefully, pointing out that propaganda and misinformation can move markets just as much as real events. The broader takeaway: when buyers go on strike and headlines dominate, history suggests that perspective and patience matter more than reaction.

Dow in Correction\

The Dow Jones Industrial Average has now entered correction territory, defined as a decline of 10% or more from a recent high. While the word "correction" can sound alarming, it's a normal and historically recurring part of market cycles. What matters most is context: this pullback has been driven largely by event-based headlines rather than a broad breakdown in corporate earnings or economic fundamentals. For long-term investors, corrections can be uncomfortable in the moment, but they have consistently proven to be a natural part of how markets reset and find their footing.

In the second hour, the Money Wise guys give listenters a peek into what Wall Street Won’t Tell You. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Markets Break Key Levels, Indiscriminate Selling Spreads, & RIA vs Broker

Sat, 21 Mar 2026 16:00:00 -0000

We’re back with another episode of Money Wise, where the Money Wise guys pull back the curtain on Wall Street and talk about what’s actually moving the markets. Markets declined again this week as volatility picked up across all major indexes. The Dow Jones Industrial Average fell about 984 points, or 2.1%, while the S\&P 500 dropped roughly 1.9% and the Nasdaq declined around 2.1%. Year to date, losses have deepened, with the Dow down approximately 5.2%, the S\&P 500 lower by about 5%, and the Nasdaq down nearly 7%. The S\&P 500 also closed below its 200-day moving average, a level many investors watch as a measure of longer-term trend direction. The guys note that recent market weakness has been influenced by a combination of geopolitical tensions, continued uncertainty around interest rates, and a surge in trading activity tied to options expiration events, which added to short-term volatility.

Indiscriminate Selling Spreads\

A key theme throughout the discussion was the growing level of fear in the market and how broadly assets are being sold, often without regard to underlying fundamentals. Despite the pullback, the Money Wise guys emphasize that corporate earnings and economic data have remained relatively strong, pointing to continued growth in both earnings and GDP. Historical context was also discussed, noting that market reactions to geopolitical events have typically been short-lived, with selling pressure often concentrated in the early stages. The broader takeaway focuses on the disconnect that can occur between market sentiment and fundamentals during periods of heightened uncertainty, and how those environments can create opportunities for investors who remain focused on long-term trends rather than short-term reactions.

In the second hour, the Money Wise guys explore RIA vs. Broker. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Market Volatility Continues, Private Credit Concerns & Best Investment Advice Ever

Sat, 14 Mar 2026 16:00:00 -0000

The Money Wise guys are back with an all-new episode. In the week just past, markets moved lower again as geopolitical tensions and rising oil prices continued to drive investor sentiment. For the week, the Dow Jones Industrial Average declined about 943 points, or 2%, while the S\&P 500 fell roughly 1.6% and the Nasdaq dropped around 1.3%. Year to date, all three major indexes are now negative, with the Dow and S\&P each down about 3.1% and the Nasdaq lower by approximately 4.9%. Despite the recent pullback, the hosts noted that markets remain within a relatively contained range, with the S\&P 500 down just over 5% from its all-time high and the Dow and Nasdaq both down slightly less than 8%, meaning the market has not yet entered what is typically defined as a correction.

A significant portion of the discussion focused on the ongoing conflict involving the United States, Israel, and Iran, and its impact on oil prices and market behavior. The hosts highlighted how closely markets have been tracking movements in energy prices, with rising oil contributing to market declines and easing prices providing some relief. Broader concerns around inflation, interest rate policy, and credit markets were also discussed, along with the role of media narratives in shaping short-term sentiment. While geopolitical events and headlines are contributing to near-term volatility, the conversation emphasized that these types of market reactions are not unusual during periods of uncertainty, and that perspective remains important when evaluating longer-term market trends.

Private Credit Concerns\

Private credit has grown rapidly in recent years, but that growth has brought increased attention to the risks beneath the surface. Many of these investments lack the transparency and liquidity of publicly traded markets, which can make it more difficult to assess underlying credit quality and respond to changing conditions. In a higher interest rate environment, borrowers may also face increased pressure, raising the potential for defaults. For investors, understanding how these strategies are structured and where the risks truly lie is an important part of evaluating whether private credit fits within a broader portfolio.

In the second hour, the Money Wise guys share The Best Investment Advice Ever. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Markets React to Middle East Tensions, Oil Prices Rise, & Equity Index Annuities

Sat, 07 Mar 2026 17:00:00 -0000

Markets moved lower this week as investors reacted to geopolitical tensions, rising oil prices, and renewed volatility in global markets. For the week, the Dow Jones Industrial Average fell roughly 1,476 points, or about 3%, while the S\&P 500 declined approximately 2% and the Nasdaq slipped about 1.2%. Year to date, the major indexes are modestly negative, with the Dow down around 1.2%, the S\&P 500 lower by roughly 1.5%, and the Nasdaq down about 3.7%. Despite the pullback, the hosts noted that the overall decline remains relatively contained, with the S\&P 500 only about 3.75% below its recent all-time intraday high.

A major portion of the discussion focused on global developments and their impact on market sentiment. International markets saw significant volatility during the week, including a sharp drop in the South Korean stock index before a partial rebound. The conversation also turned to geopolitical tensions in the Middle East and how rising oil prices could influence inflation expectations and interest rate policy. The hosts emphasized that conflicts in the region are not new for markets, noting that historically many markets have recovered and even advanced following periods of geopolitical uncertainty. While headlines and political narratives can drive short-term market reactions, the broader perspective highlighted the importance of maintaining discipline and focusing on longer-term market trends rather than reacting to daily news cycles.

Oil Prices Rise\

Oil prices moved back into the spotlight this week as geopolitical tensions in the Middle East pushed energy prices higher and renewed concerns about inflation. Because gasoline prices are one of the most visible costs consumers face, rising energy prices can quickly influence both consumer sentiment and market expectations around interest rates. The hosts discussed how fluctuations in oil prices often drive short-term market reactions, even though markets have historically navigated periods of geopolitical tension and energy price volatility.

In the second hour, the Money Wise guys discuss Equity Index Annuities. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

AI Speculation Sparks Volatility, Treasury Yields Dip Below 4%, & What Wall Street Won’t Tell You

Sat, 28 Feb 2026 17:00:00 -0000

The Money Wise guys are back at it, kicking off the show with a review of last week’s numbers from Wall Street. Markets experienced another week of volatility as investors continued sorting through a mix of economic signals and shifting narratives around artificial intelligence. For the week, the Dow Jones Industrial Average fell roughly 648 points, or about 1.3%, while the S\&P 500 declined approximately 0.4% and the Nasdaq dropped around 1%. February finished with mixed results across the major indexes. The Dow edged slightly higher for the month, up about 0.2%, while the S\&P 500 declined roughly 0.9% and the Nasdaq fell 3.4%. Year to date, the Dow continues to lead the three major indexes, up about 1.9%, while the S\&P 500 remains modestly positive and the Nasdaq has moved into negative territory for the year.

A major topic of discussion this week centers on the market’s continued tendency to react quickly to headlines surrounding artificial intelligence. Several technology and software companies experienced notable price swings as speculation about AI’s long-term impact on different industries circulated through the market. Much of that volatility was amplified by a widely discussed research report projecting significant economic disruption caused by artificial intelligence in the coming years. While the report generated substantial attention, the guys note that many of the assumptions remain highly speculative. The broader takeaway from the discussion is that markets often react first and evaluate later, which can create short-term volatility even when underlying business fundamentals have not materially changed.

Treasury Yields Dip Below 4%\

One development that received relatively little attention in the financial media this week was the drop in the 10-year Treasury yield below 4%. That move helped push mortgage rates back below the 6% level, a notable shift after a prolonged period of higher borrowing costs. Lower mortgage rates could begin to bring additional buyers back into the housing market, particularly as the spring home-buying season approaches. While interest rates remain elevated compared to the historically low levels seen a few years ago, even modest declines can influence housing activity and broader economic sentiment.

In the second hour, the Money Wise guys give listeners a peek into what Wall Street Won’t Tell You. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Market Resilience During Policy Shifts, Consolidation Continues, & RIA vs Broker

Sat, 21 Feb 2026 17:00:00 -0000

Markets moved higher this week while continuing to work through a longer-term consolidation phase that has defined much of the year so far. For the week, the Dow Jones Industrial Average gained 0.3%, the S\&P 500 rose 1.1%, and the Nasdaq advanced 1.5%. Year to date, the Dow leads at +3.3%, the S\&P 500 is up 0.9%, and the Nasdaq remains down 1.5%.

From a technical perspective, the S\&P 500 continues to trade within the consolidation range discussed on recent programs. Resistance near 7,000 remains intact, while the 50-day moving average has acted as a recurring support level. By week’s end, the index moved back above that average, reinforcing the pattern of sideways movement rather than sustained decline. The Money Wise guys emphasize that this type of consolidation following strong prior gains is typical in market cycles, allowing valuations to normalize and confidence to rebuild. Technology stocks, which drove much of the prior advance, are also becoming more attractively valued after multiple compressions, creating selective opportunities within the sector.

Market Resilience During Policy Shifts\

A major development during the week was the Supreme Court ruling on tariffs tied to the April 2025 trade actions. The Court struck down the specific legal provision previously used, but markets absorbed the news calmly as the administration moved quickly to implement tariffs through other existing authorities. The guys note that the muted market response reflected investors’ understanding that trade policy direction remains largely unchanged despite the legal shift.

Artificial Intelligence Headlines, Volatility Returns in a News-Driven Market, & Best Investment Advice Ever

Sat, 14 Feb 2026 17:00:00 -0000

Volatility returned to markets this week, reinforcing how quickly sentiment can shift in a headline-driven environment. For the week, the Dow Jones Industrial Average declined about 615 points, or 1.2%, the S\&P 500 fell roughly 96 points, or 1.4%, and the Nasdaq dropped approximately 485 points, or 2.1%. Year to date, the Dow remains up 3%, while the S\&P 500 is essentially flat, down 0.1%, and the Nasdaq is down 3%.

From a technical standpoint, the discussion revisits the consolidation pattern that has defined the S\&P 500 since Thanksgiving 2025. The index continues to encounter resistance near the 7,000 level and support around its 50-day moving average. Although the S\&P has briefly closed below that moving average at times, it has not remained there for long, reinforcing the sideways trading range that has persisted for months. The Money Wise guys also note that despite this consolidation, the S\&P 500 has still advanced about 13.8% since November 2024, underscoring that recent volatility exists within a longer-term upward trend.

Artificial Intelligence Headlines\

A significant portion of the episode focuses on the growing market tendency to react instantly to artificial intelligence headlines. The guys caution that AI is more likely to enhance existing industries than replace them outright, pushing back against narratives suggesting widespread obsolescence across sectors. Recent examples illustrate how algorithm-driven trading and unverified news can trigger sharp price moves before facts are confirmed. The broader takeaway echoes a long-standing Money Wise principle: markets often react first and evaluate later, making disciplined perspective and active decision-making essential in periods dominated by speculation and rapid information flow.

In the second hour, the Money Wise guys share The Best Investment Advice Ever . You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Dow Strength, NASDAQ Pressure, & Equity Index Annuities

Sat, 07 Feb 2026 05:00:00 -0000

Markets delivered mixed signals this week, reminding investors that headline performance rarely tells the full story. For the week, the Dow Jones Industrial Average surged 1,223 points, or 2.5%, while the S\&P 500 edged lower by about 7 points, or 0.1%. The Nasdaq declined roughly 431 points, or 1.8%. On a year-to-date basis, the Dow is now up 4.3%, the S\&P 500 is up 1.3%, and the Nasdaq is down 0.9%.

From a technical standpoint, the conversation focuses on key market levels and investor behavior. The Dow closed above 50,000 for the first time in history, marking a notable milestone. Meanwhile, the S\&P 500 briefly dipped below its 50-day moving average before rebounding sharply on Friday, supported by improved consumer sentiment. That late-week rally was significant, representing the S\&P’s strongest single-day gain since April of last year, following the tariff-driven volatility at that time. Despite the rebound, resistance near the 7,000 level remains intact.

NASDAQ Pressure\

The Money Wise guys also examine why weakness in the Nasdaq drew so much attention. After rising roughly 50% from its intraday lows earlier in the year to its October high, the index has struggled to regain momentum, particularly as software stocks faced renewed pressure. The guys caution against chasing speculative narratives, including claims that assets like Bitcoin serve as reliable hedges. Instead, the discussion reinforces a long-standing Money Wise principle: cash and active portfolio management remain practical tools for managing uncertainty, while speculation often introduces more risk than protection.

When Markets Pause, Precious Metals in Focus, & What Wall Street Won’t Tell You

Sat, 31 Jan 2026 17:00:00 -0000

Rather than reacting to short-term market swings, this week on Money Wise took a closer look at the technical patterns shaping recent market activity. For the week, the Dow Jones Industrial Average declined by roughly 206 points, or 0.4%, while the S\&P 500 gained approximately 23 points, or 0.3%. The Nasdaq slipped about 39 points, or 0.2%. Despite modest weekly movement, year-to-date results remain positive, with the Dow up 1.7%, the S\&P 500 up 1.4%, and the Nasdaq up 0.9%.

From a technical perspective, the conversation focuses on what long-time listeners recognize as a market “pause.” Since Thanksgiving, the S\&P 500 has traded within a narrow range of roughly 300 points, about a 4.5% channel from high to low. The 50-day moving average continues to act as a support level, with the index briefly dipping below it intraday before closing back above. At the same time, resistance near the 7,000 level has capped upside progress, creating a consolidation phase that is common in extended market cycles.

Precious Metals in Focus\

The Money Wise guys also address growing attention around precious metals, particularly gold. Since Thanksgiving, gold as measured by the GLD ETF has risen nearly 20%, a move that has generated increased advertising and speculation. The hosts caution investors against emotionally driven decisions fueled by extreme forecasts, noting that gold does not consistently protect against inflation and has historically lagged equities over long periods. The broader takeaway remained consistent with Money Wise’s long-standing message: understanding market structure, maintaining perspective, and avoiding reactionary decisions matters far more than chasing headlines or short-term performance narratives.

Algorithmic Trading vs Human Judgement, Political Headlines, & RIA vs. Broker

Sat, 24 Jan 2026 17:00:00 -0000

The Money Wise guys are back inside the Money Wise studio with an all-new episode. This week, the conversation opens with a look at recent market performance. Major indexes moved modestly lower for the week, while year-to-date results remain positive across the Dow, S\&P 500, and Nasdaq. That context matters, especially in a market environment that continues to trade within a narrow range. Much of 2026 has resembled a “two steps forward, two steps back” pattern, with the S\&P 500 repeatedly finding support and resistance around its 50-day moving average.

The discussion then shifts to how short-term political headlines continue to influence market behavior, particularly when algorithmic trading reacts instantly to news rather than fundamentals. Recent tariff-related rhetoric and geopolitical developments sparked a brief market pullback, followed quickly by a recovery once uncertainty eased. This pattern has become familiar. Markets often react first and think later, especially when algorithms dominate trading volume and amplify knee-jerk responses to headlines.

Algorithmic Trading vs Human Judgement\

A key takeaway from the episode was the role of human judgment in navigating these moments. While automated systems react to inputs, experienced investors recognize recurring patterns and understand when volatility is driven by noise rather than lasting structural change. Retail investors stepped in to buy during the brief dip, reinforcing the idea that markets often recover quickly once clarity returns. The broader message remains consistent: understanding market behavior, recognizing negotiation dynamics, and maintaining perspective matters far more than reacting emotionally to every headline.

Short-Term Volatility, Long-Term Investor Behavior, & The Best Investment Advice Ever

Sat, 17 Jan 2026 17:00:00 -0000

As always, the Money Wise guys kick off this week with a quiet but telling market recap. For the week, the Dow Jones Industrial Average slipped about 145 points (-0.3%), the S\&P 500 declined roughly 26 points (-0.4%), and the NASDAQ fell about 156 points (-0.7%). Despite the modest pullback, year-to-date performance remains positive, with the Dow up 2.7%, the S\&P 500 up 1.4%, and the NASDAQ up 1.2%, underscoring how tightly the market has been consolidating early in the year.

The conversation then shifts to what’s really driving investor unease: noise, not fundamentals. The team discusses how markets have largely shrugged off a steady stream of political headlines, global rhetoric, and policy speculation - from tariffs and credit card rate caps to questions around the Federal Reserve’s independence. Even with heightened commentary and media-driven anxiety, market reactions have remained surprisingly muted, reinforcing the idea that emotions and sensational narratives often do more damage to portfolios than the underlying data ever could.

Long-Term Investor Behavior\

A major theme throughout the episode is investor behavior. The hosts emphasize that fear-driven decision-making, fueled by constant “wall of worry” coverage, can undermine long-term outcomes far more than normal volatility or consolidation phases. In contrast, disciplined planning, diversification, and staying focused on fundamentals continue to matter most, especially during periods when markets appear stuck in a range, and headlines dominate sentiment.

A Strong January Start, Why Rebalancing Matters, & Equity Index Annuities

Sat, 10 Jan 2026 17:00:00 -0000

The Money Wise guys are back inside the studio, and the episode this week opens with a strong start to 2026, as markets posted their first full trading week gains and both the Dow and S\&P 500 closed at new all-time highs. The Dow surged more than 1,100 points on the week, while the S\&P 500 and NASDAQ followed with solid advances, reflecting renewed momentum after year-end profit-taking and tax-loss selling faded. The guys explain how early-January rebalancing activity, by both institutional investors and individual portfolios, often creates a powerful tailwind as capital gets redeployed with a fresh calendar year.

The conversation then shifts to what’s driving that momentum beneath the surface. Annual portfolio rebalancing takes center stage, with a discussion on why long-term data consistently shows annual rebalancing outperforms more frequent adjustments over full market cycles. The team also shares insight into how Davidson Capital Management implemented its own significant rebalance, expanding diversification and restructuring portfolios to reflect current market conditions, underscoring why discipline and structure matter during strong market starts.

Later in the show, the focus broadens to alternative investments, particularly energy-related strategies. The guys caution listeners that “alternatives” can mean very different things depending on structure and risk, emphasizing the importance of education before allocating capital. They also touch on recent geopolitical developments and why, despite dramatic headlines, markets often react far less than expected, reinforcing the episode’s recurring theme: markets tend to reward fundamentals, diversification, and long-term thinking over emotional reactions.

Why Rebalancing Matters\

Rebalancing matters because it helps keep a portfolio aligned with its intended risk level and long-term strategy as markets move. Over time, strong-performing assets can grow to represent a larger share of a portfolio than originally planned, increasing exposure and risk without investors realizing it. Rebalancing trims areas that have run ahead and reallocates toward underweighted positions, bringing discipline to the investment process. Rather than reacting emotionally to headlines or short-term market swings, it encourages a systematic approach that can support more consistent outcomes over full market cycles.

Another Solid Year for Stocks, How History Frames Expectations, & What Wall Street Won’t Tell You

Sat, 03 Jan 2026 17:00:00 -0000

This week’s Money Wise episode steps back from the day-to-day market headlines to review how December, the fourth quarter, and all of 2025 wrapped up. While December itself was relatively muted and didn’t deliver a traditional Santa Claus rally, the broader takeaway was far more positive. All three major indexes finished the year with solid gains, reinforcing that short-term pauses don’t negate longer-term momentum.

The discussion then shifts to what investors should focus on heading into the new year: maintaining perspective after a strong multi-year run. Rather than chasing headlines or short-term market moves, the hosts emphasize disciplined portfolio construction, diversification, and understanding the forces that continue to support equity markets. The message is clear: healthy markets don’t move in straight lines, and temporary slowdowns are often part of a much larger trend.

How History Frames Expectations\

A key portion of the episode is devoted to historical context. The Money Wise guys highlight how three consecutive years of double-digit returns for major indexes are relatively rare and examine how similar streaks played out in prior decades. Importantly, they explain why today’s market environment is structurally different, pointing to factors like the rise of 401(k) investing, increased participation in equities, and long-term U.S. innovation leadership. The takeaway isn’t that history will repeat itself, but that understanding how markets have evolved can help investors make more informed decisions going forward.

The Santa Claus Rally, Looking Ahead to 2026, & RIA vs Broker

Sat, 27 Dec 2025 17:00:00 -0000

This week’s Money Wise episode takes a step back to assess where markets stand as the year winds down and the Santa Claus rally remains firmly in focus. With a holiday-shortened trading week and lighter volume, the S\&P 500 edged closer to a new all-time closing high, supported by strong performance over the final five trading days of December. The guys discuss why late-year seasonality still matters and how recent gains align with historical Santa Claus rally patterns.

Beyond market action, the conversation shifts to the broader economic backdrop. Despite incomplete and delayed data from the recent government shutdown, key indicators point to continued momentum: third-quarter GDP growth came in at a strong 4.3%, savings rates are rising toward 5%, and consumer spending remains a major driver of economic expansion. The Money Wise guys push back on narratives suggesting growth is narrowly driven by AI infrastructure, emphasizing that consumer activity continues to power a significant share of GDP. With year-end optimism intact and early 2026 catalysts on the horizon, the episode reinforces why long-term perspective matters, especially when headlines focus more on costs than growth.

The Santa Claus Rally\

A Santa Claus rally refers to the market’s historical tendency to rise during the final trading days of December and the first few days of January. This period is often supported by seasonal optimism, lighter trading volumes, and investors repositioning portfolios for the year ahead. When it occurs, it can help improve overall market sentiment and reinforce confidence after a full year of trading. A strong year-end rally may also provide momentum as markets enter the new year. While not guaranteed, it’s a pattern investors often watch closely as a gauge of near-term market tone.

Volatility in AI Stocks, Thoughtful Portfolio Construction, & The Best Investment Advice Ever

Sat, 20 Dec 2025 17:00:00 -0000

This week’s Money Wise episode takes listeners through a choppy but telling stretch in the markets, underscoring why perspective matters, especially in a bull market. The week delivered mixed results across the major indexes, with the Dow Jones Industrial Average down roughly 0.7%, the S\&P 500 essentially flat, and the NASDAQ managing a modest gain of about 0.5%. Despite the uneven week, the bigger picture remains constructive, with year-to-date performance still firmly positive across all three indexes.

The episode also dives into the importance of thoughtful portfolio construction. While AI-related companies have been strong performers, the discussion highlights why disciplined profit-taking and diversification across sectors can help manage volatility and create more balanced portfolios. Rather than chasing headlines or hot sectors, the message is clear: bull markets climb walls of worry, and investors who stay patient, diversified, and grounded in fundamentals are often better positioned over time.

Volatility in AI Stocks\

A major focus of the conversation centers on renewed volatility in AI-related stocks and the growing “wall of worry” surrounding the AI infrastructure buildout. The Money Wise guys push back on constant comparisons to the dot-com era, emphasizing that large-scale technological transformations take years, not months, to fully develop. AI, they argue, remains in the early-to-middle innings, and periodic pullbacks, headlines, and rotations are a normal part of long-term growth themes.

AI Panic, Predictive Markets, & Equity Index Annuities

Sat, 13 Dec 2025 17:00:00 -0000

We’re back after a two-week break, and there was a lot to catch up on. This week’s Money Wise episode opens with a mixed market recap: the Dow pushed higher, while the S\&P 500 and NASDAQ slipped, reflecting a week dominated by volatility and a sharp “attack of the Friday” sell-off. For the week, the Dow Jones Industrial Average gained roughly 503 points, or 1%, while the S\&P 500 fell about 43 points, down 0.6%, and the NASDAQ dropped approximately 383 points, or 1.6%. Despite the pullback, the bigger picture remains constructive, with year-to-date gains sitting at roughly 13.9% for the Dow, 16.1% for the S\&P 500, and 20.1% for the NASDAQ.

Kyle breaks down how a single negative AI-related news story spiraled into a broad tech slide, while Jeff and Joe highlight the deeper issue: a market hypersensitive to headlines and eager to overreact to anything tied to AI. The Money Wise guys also dig into the growing influence of predictive markets, the dangers of casino-style trading attracting inexperienced investors, and why Wall Street will always find a way to package products people are willing to buy, even if it isn’t what they should be buying. They close by emphasizing the importance of broader diversification, resisting media-driven panic, and understanding that bull markets often climb a long wall of worry, exactly what we're seeing today.

Predictive Markets\

The rise of predictive markets is creating a new layer of casino-style behavior among younger investors who are treating Wall Street like a betting app rather than a place to build long-term wealth. Platforms that allow users to “wager” on market outcomes or economic events blur the line between investing and gambling, and they’re gaining traction with Gen Z and inexperienced traders who are drawn to the instant-gratification model of prediction markets. The Money Wise guys warn that Wall Street will always supply whatever products people are willing to buy, even if those products encourage speculation instead of strategy. When investors start chasing coin-flip outcomes rather than fundamental research, volatility escalates, emotions take over, and portfolios become dangerously exposed to short-term swings. It’s a trend worth watching, and one that makes disciplined, diversified investing even more important.

The AI Bubble Myth, Dangers of Media Hype, & What Wall Street Won’t Tell You

Sat, 22 Nov 2025 17:00:00 -0000

We’re back after a two-week break, and there’s plenty to catch up on in this week’s episode. The Money Wise guys dive straight into the recent market pullback, examining the roughly 2% drop across major indexes and what’s driving the latest wave of investor anxiety. From fears of an “AI bubble” to the media’s constant comparisons to the dot-com era, the hosts discuss why the recent downturn looks more like a technical correction than a fundamental shift.

They also break down the factors behind this pullback, including stretched valuations, short-term speculation in areas like cryptocurrency, and limited new economic data due to the ongoing government shutdown. Despite the noise, they argue that the core market fundamentals, strong earnings, steady GDP growth, and historical patterns, point to a healthy, ongoing bull market. The conversation also touches on the role of media sentiment in shaping investor behavior and how the rhetoric surrounding tech and AI may be fueling unnecessary volatility.

The AI Bubble Myth \

The “AI bubble” narrative has become a favorite talking point in the financial media, but treating every tech-led rally as the next dot-com repeat can mislead investors. Calling it a bubble implies that valuations are detached from reality, when in fact today’s AI growth is being driven by real spending, real adoption, and real earnings from some of the strongest companies in the world. The danger of the AI Bubble Myth is that it fuels unnecessary fear, pushes investors to the sidelines, and encourages emotional decision-making right when long-term discipline matters most. When headlines shout “bubble,” investors risk reacting to noise rather than fundamentals.

The 50-Day Test, When Momentum Meets Resistance, & 401(K) Rollovers

Sat, 08 Nov 2025 17:00:00 -0000

After a stretch of record highs, the markets finally caught their breath. This week’s Money Wise explores what happens when momentum meets resistance, from the S\&P 500’s test of its 50-day moving average to the market’s sharp recovery after a late-week rally. The Money Wise guys discuss how short-term volatility often signals strength, not weakness, in a bull market, and why a healthy pause helps prevent the market from overheating.

The conversation also turns to investor sentiment, which remains surprisingly negative despite strong year-to-date gains. The team highlights recent data showing all-time-high cash levels in money market funds, a sign that many investors are still on the sidelines. Meanwhile, the crew explains how these cautious attitudes, paired with robust fundamentals, could lay the groundwork for future gains once confidence catches up to performance.

The 50-Day Test \

When analysts talk about the 50-day moving average, they’re referring to a technical benchmark that smooths out market fluctuations by averaging closing prices over the past 50 trading days. It often acts as a “line in the sand” between short-term strength and weakness. When an index like the S\&P 500 dips below this level, it can trigger concern that momentum is fading, but holding above it or quickly rebounding, as we’ve seen recently, often signals underlying resilience. For investors, these tests aren’t warnings to panic but reminders to stay focused on long-term strategy rather than short-term noise.

In the second hour, the Money Wise guys dive into all things 401(K) Rollovers. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

A Goldilocks Market, Washington Gridlock, & RIA vs. Broker

Sat, 01 Nov 2025 16:00:06 -0000

A new episode of Money Wise this week dives into a record-setting week on Wall Street, where all three major indexes pushed higher despite political gridlock in Washington - wiith the Dow, S&P 500, and NASDAQ all closing at new all-time highs. Despite the government shutdown stretching toward record length, the markets showed little concern, illustrating that investors remain focused on earnings and fundamentals rather than politics.

The conversation turns to the latest Consumer Price Index (CPI) data, which came in slightly cooler month over month, reaffirming hopes that inflation continues to trend in the right direction. The Money Wise guys debate whether the Federal Reserve’s long-standing 2% inflation target is still realistic, pointing out that historical averages suggest 3% may be a more natural long-term level. They also examine continued challenges in housing, where higher mortgage rates and nervous buyers have led to slower activity, but emphasize that overall consumer sentiment remains surprisingly resilient. The guys also tease an upcoming discussion on gold’s rapid rise and why investors should approach the “shiny metal” with caution despite its strong recent performance.

A Goldilocks Market

A “Goldilocks market” describes an economy that’s not too hot and not too cold, one where growth is steady, inflation is manageable, and the Federal Reserve isn’t under pressure to raise or cut interest rates dramatically. This balance creates an environment that’s often ideal for investors, as companies can grow earnings without the headwinds of high borrowing costs or runaway inflation. In weeks like this, when market data comes in “just right,” it reassures investors that the economy remains stable, supporting confidence and momentum in both stocks and broader market sentiment.

All-Time Highs, a Government Shutdown, & The Best Investment Advice Ever

Sat, 25 Oct 2025 16:00:15 -0000

The Money Wise guys start the show with a rapid-fire market update for the week just passed. The group recap a strong week for Wall Street, with all three major indices closing at record highs despite the ongoing government shutdown. The Dow climbed more than 1,000 points, while the S&P 500 and NASDAQ each gained over 1.5%, proving once again that the market is more interested in fundamentals than political headlines.

The guys discuss how the markets shrugged off the lack of economic data releases due to the shutdown, even treating the Consumer Price Index (CPI) report, slightly cooler month over month but 3% year over year, as a “Goldilocks” number. The conversation turns to the Federal Reserve’s long-debated 2% inflation target, questioning whether it’s time to move the goalpost closer to 3%, given historical averages and the structure of the current economy.

They also touch on challenges within the housing market, including rising mortgage rates, mismatched buyer and seller dynamics, and growing hesitancy among potential homeowners. Despite negative sentiment and political noise, the market’s resilience and steady climb reflected continued confidence in the broader economic backdrop.

A Government Shutdown

Despite the ongoing government shutdown, the markets have remained largely unfazed. Historically, short-term shutdowns have had minimal long-term effects on stocks, as investors tend to focus on broader economic fundamentals rather than temporary political disruptions. While a prolonged shutdown could delay key economic data releases, creating uncertainty for policymakers and analysts, it doesn’t directly halt private-sector activity or corporate earnings growth. In fact, markets often view the lack of government data as a pause in potential bad news, allowing momentum to continue. Overall, unless the shutdown begins to meaningfully affect consumer spending or confidence, its impact on the market is expected to be limited.

In the second hour, the Money Wise guys share The Best Investment Advice Ever . You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Climbing the Market Mountain, When Negativity Meets a Bull Market & 401(K) Rollovers

Sun, 19 Oct 2025 16:00:11 -0000

This week on Money Wise, the team digs into a strong performance on Wall Street - with the Dow up 1.6%, S&P 500 up 1.7%, and NASDAQ climbing 2.1%, while discussing the market’s ongoing resilience in the face of widespread investor skepticism. Despite impressive year-to-date gains across major indices, investor sentiment remains unusually negative, a disconnect that could actually fuel future growth once optimism catches up.

Kyle uses his “Mount Everest” analogy to remind listeners that bull markets need pauses to stay healthy, emphasizing that pullbacks are normal and even necessary for long-term momentum. Jeff and Joe weigh in on volatility and investor behavior, noting that market corrections in the 7–12% range are part of any sustainable rally. Louie references recent Fundstrat research showing it’s rare to see such strong market returns alongside negative sentiment, a setup that historically precedes continued gains. The team also highlights a staggering $7.6 trillion sitting in money market funds, suggesting there’s still plenty of cash waiting to reenter the market. Between skeptical investors and cautious fund managers, this “dry powder” could become a powerful force for further upside once confidence returns.

When Negativity Meets a Bull Market

While sharp price swings can feel uncomfortable, volatility is a sign of a functioning, responsive market. It reflects investor reactions to new data, earnings results, policy shifts, or economic reports, and helps prices find their true value over time. Without these fluctuations, markets risk becoming complacent or inflated, setting the stage for more severe corrections later. Volatility also serves a purpose in maintaining long-term market health. It encourages investors to reassess positions, reprice risk, and avoid herd mentality. When markets pull back, they often flush out speculative excess and create new entry points for disciplined, long-term investors. In this way, volatility acts as a “pressure valve,” releasing tension before it builds into instability.

Politics Heat Up, Markets Stay Cool, & Equity Index Annuities

Sat, 04 Oct 2025 16:00:49 -0000

This week, the Money Wise team tackles a headline-dominated week that centered on Washington’s government shutdown, and the market’s complete lack of reaction to it. Despite the political drama, the Dow rose 511 points (+1.1%), the S&P 500 climbed 72 points (+1.1%), and the NASDAQ gained 296 points (+1.3%). Year-to-date, all three major indexes continue their steady climb, with the NASDAQ leading at +18%.

The guys note that even with economic data releases halted, trading volume stayed strong, with the S&P 500 showing buy-side activity above its daily average all week. They emphasize that this marks the 11th government shutdown since 1980, and history shows markets rarely care. In fact, investors seem to view the lack of news as a relief, “no news is good news.”

The conversation turns political as the crew discusses how the administration’s stance on spending and immigration has shaped the fiscal standoff. Yet, from an investment perspective, they stress that markets continue to take it in stride, ignoring media-driven panic. With the S&P 500 just shy of record highs and up 12% since November 2024, the hosts push back on the “bubble talk” dominating financial media, reminding listeners that the economy remains strong, backed by 3.8% GDP growth and consistent investor optimism.

Markets Stay Cool

Even with political gridlock dominating the headlines, markets stayed cool, showing once again that investors tend to look past short-term noise. The guys point out that history has consistently shown resilience during government shutdowns, budget battles, and other moments of uncertainty. In fact, reviewing past performance reminds us that markets often continue their long-term upward trend despite temporary volatility. Understanding this history helps investors maintain perspective, avoid reactionary decisions, and stay focused on the fundamentals driving growth rather than fleeting headlines.

PCE Data, Sticky Inflation, & 401(K) Rollovers

Sat, 27 Sep 2025 16:00:04 -0000

This week, the Money Wise guys review a quieter stretch for Wall Street, with all three major indexes slightly down. The Dow is off 68 points (-0.1%), the S&P 500 is down 21 points (-0.3%), and the NASDAQ down 147 points (-0.7%). Despite the dip, year-to-date numbers remain strong: Dow up 8.7%, S&P up 13%, and NASDAQ up 16.4%. The big focus was Friday’s Personal Consumption Expenditures (PCE) report, which came in line with expectations at 2.9% core inflation year-over-year. While inflation remains “sticky,” the guys emphasize that dire predictions about tariffs causing runaway inflation haven’t materialized. They also revisit April’s “Liberation Day” selloff, pointing out that their decision not to sell, and even to buy during the dip, has proven wise, as April 8 may stand as the market low of the year. The discussion also highlights how volatility this year has matched expectations, but downturns like this week’s have mostly drawn out “doom and gloom” commentary rather than lasting market damage. They caution listeners not to get spooked by exaggerated comparisons to past bubbles, especially with markets still near record highs.

Sticky Inflation

Sticky inflation was a big theme in this week’s episode, especially as the crew dug into the latest Personal Consumption Expenditures (PCE) data. While the headline numbers came in right on expectations, the fact that inflation is still running at 2.9% year-over-year shows that it hasn’t fallen quickly back to the Fed’s 2% target. As the team pointed out, this “stickiness” doesn’t necessarily stem from tariffs, as the financial press often claims, but from the service side of the economy, areas like housing, healthcare, and everyday services that don’t adjust as easily as goods prices. For investors, it means the Federal Reserve may feel compelled to keep rates higher for longer, even if some market voices argue for cuts. The takeaway: while markets rallied earlier this year on hopes of easing inflation, the persistence of sticky inflation keeps monetary policy and volatility in the spotlight.

Fed Moves, Markets Soar, & What Wall Street Won’t Tell You

Sun, 21 Sep 2025 16:00:11 -0000

This week’s Money Wise show focuses on the market’s reaction to the Federal Reserve’s highly anticipated rate cut. The Fed trimmed the federal funds rate by 0.25%, marking its first cut since December 2024. While many expected a “sell the news” moment in stocks, the opposite occurred: the Dow, S&P 500, and NASDAQ all closed at all-time highs by Friday. Instead, the “sell the news” reaction appeared in the bond market, where Treasuries sold off after weeks of strong buying that had briefly pulled the 10-year yield below 4%.

The crew also discusses the historical significance of this rally. Since April’s lows, the S&P 500 has surged more than 25%, only the 12th time in the past 70 years such a rally has occurred over 100 days. From a broader perspective, though, the S&P is up about 11.2% since Trump’s election in November 2024, highlighting that context matters when measuring growth. In the second half of the show, they shift to investor education, walking listeners through our stock selection process, emphasizing research, discipline, and avoiding the hype of AI-driven “black box” investment products.

Fed Moves

The Fed’s quarter-point rate cut sent a mixed but important signal to the markets. Lower rates reduce borrowing costs for businesses and consumers, which can fuel corporate profits and economic activity. That optimism pushed stocks higher, with all three major indexes closing the week at record levels. But in the bond market, the story was different. Investors had already piled into Treasuries in anticipation of easier Fed policy, which drove yields down as low as 4% on the 10-year. Once the cut became official, some traders sold off bonds—locking in gains and rotating into equities—causing yields to rise again. The shift highlighted how the Fed’s actions ripple across markets: stocks cheering cheaper money, bonds adjusting to shifting demand, and investors recalibrating portfolios in real time.

Markets Eye Fed’s Next Move, Bad News vs. Good News, & RIA vs Broker

Sat, 13 Sep 2025 16:00:08 -0000

This week on Money Wise, the guys recap another solid week on Wall Street, with the Dow up 433 points (1%), the S&P 500 up 103 points (1.6%), and the NASDAQ up 441 points (2%). Year-to-date gains now stand at 7.7% for the Dow, 11.9% for the S&P, and 14.7% for the NASDAQ. The conversation highlights how markets reacted to economic data, with producer prices coming in below expectations and jobless claims higher than forecast, fueling optimism that the Fed may announce a rate cut at its upcoming meeting. The Money Wise guys also touch on how Wall Street often interprets “bad news” as “good news,” why liquidity levels remain historically high, and the importance of keeping perspective on market performance beyond headlines.

Markets Eye Fed’s Next Move

Markets are increasingly betting that the Federal Reserve will announce a rate cut at its upcoming meeting, with many expecting a ¼-point move and some even suggesting the possibility of a deeper cut later this year. Recent economic data, including softer producer prices and higher-than-expected jobless claims, have fueled expectations that the Fed will shift toward a more accommodative stance, setting the stage for what could be multiple cuts before year-end.

Record Cash on the Sidelines, GDP Surprise, & The Best Investment Advice Ever

Sat, 30 Aug 2025 16:00:21 -0000

The guys are back with a new episode of Money Wise. As always, they kick the show off with a look at the numbers coming out of Wall Street last week. Unfortunately, the markets ended the week slightly lower on very light trading volume ahead of the Labor Day holiday, with the Dow down 0.2%, the S&P 500 down 0.1%, and the NASDAQ down 0.2%. That being said, year-to-date, all three indexes remain positive, led by the NASDAQ at +11.1%. The big economic highlight was the second reading of Q2 GDP, which surprised to the upside at 3.3%, showing resilience in the U.S. economy despite ongoing debates about tariffs, inflation, and interest rates.

The guys also dig into M2 money supply hitting the highest level in recorded history, signaling trillions of dollars sitting in cash that could eventually find its way into markets. The team points out the disconnect between media-driven negativity and the fundamentals, noting that since November 2024 the S&P 500 is only up 7.8%, hardly an overheated run. In the second half, they turn to investor education, addressing misconceptions about portfolio construction and why a balanced, thoughtfully diversified strategy matters more than trying to be “pedal to the metal” at all times.

Record Cash on the Sidelines

The latest data shows the M2 money supply, the broad measure of cash in money markets, checking, and savings accounts, has reached the highest level in recorded history. This massive pool of liquidity highlights just how much cash is sitting on the sidelines, waiting for a home. While some of it may flow into fixed income as investors look to lock in yields, much of it has the potential to move back into equities, offering fuel for future market growth. For long-term investors, it’s a reminder that there’s still plenty of dry powder in the system despite all the short-term noise.

In the second hour, the Money Wise guys share The Best Investment Advice Ever . You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Jackson Hole Shifts the Tone, Small-Cap Momentum, & Equity Index Annuities

Sat, 23 Aug 2025 16:00:49 -0000

The Money Wise guys are back in the studio with some fresh takes on what’s happening on Wall Street. This week, the markets responded positively to Federal Reserve Chair Jay Powell’s much-anticipated Jackson Hole speech. For the week, the Dow rose 686 points (1.5%), the S&P 500 gained 17 points (0.3%), while the NASDAQ slipped 106 points (-0.6%). Year-to-date, the Dow is up 7.3%, the S&P 10%, and the NASDAQ 11.3%.

The discussion focuses on how Powell’s dovish tone signaled the likelihood of an interest rate cut in September, easing fears of more aggressive tightening. His comments also reframed tariffs as a one-time price adjustment rather than a persistent driver of inflation, an important distinction for investors. The guys also touch on the Dow’s relative strength in August, small-cap momentum, and how Wall Street continues to react to shifting economic signals. In the second half, the team explores how Wall Street is pushing a “gambler’s mentality” among younger investors and raised concerns over so-called “educational” seminars that are really veiled pitches for insurance products.

Jackson Hole Shifts the Tone

The highlight of the week was Jay Powell’s speech at the Federal Reserve’s Jackson Hole symposium, where his unexpectedly dovish tone reassured investors. Rather than doubling down on hawkish policy, Powell signaled that rate cuts could come as soon as September, framing tariffs as a one-time price adjustment instead of a long-term inflation driver. Markets responded quickly, with shorts covering and major indexes rallying into Friday, underscoring just how pivotal Jackson Hole remains in shaping Wall Street’s expectations.

The True Driver of Inflation, Market Momentum & What Wall Street Won’t Tell You

Sun, 17 Aug 2025 16:00:06 -0000

This week on Money Wise, the conversation opens with a strong recap of Wall Street’s numbers: the Dow rose 771 points (1.7%), the S&P 500 gained 0.9%, and the NASDAQ added 0.8%. Year-to-date, all three indexes continue to show solid progress, led by the NASDAQ at 12%. The first half of the show drills into economic data, particularly the Consumer Price Index (CPI) and Producer Price Index (PPI), and how the headlines don’t always tell the full story. While media outlets linked tariffs to inflation, a deeper look revealed that service costs, not goods, were the main driver.

The second half shifts to estate planning, stressing the importance of properly setting up beneficiaries and keeping account details up to date. The Money Wise guys underscore that life can change unexpectedly, and neglecting these “housekeeping” steps can create unnecessary difficulties for loved ones later. With decades of client experience, the message was clear: proactive planning today can help prevent avoidable challenges tomorrow.

The True Driver of Inflation

While headlines often point to energy or food prices, the real engine behind today’s inflation sits in the services sector. From healthcare and housing to travel and dining, service costs continue climbing, even as goods prices cool off. This stickiness makes it harder for the Federal Reserve to tame inflation, since services are driven more by wages and consumer demand than by supply chains or commodity swings. That’s why markets are watching these numbers so closely: they reveal the deeper pressures keeping inflation alive beneath the surface.

Apple’s Big Investment, Market Momentum and RIA vs. Broker

Sat, 09 Aug 2025 16:00:39 -0000

The Money Wise guys are back in the studio and kick off this week’s episode by recapping a strong rebound for the markets, with the Dow up 1.3%, the S&P 500 climbing 2.4%, and the NASDAQ jumping 3.9%, reaching an all-time closing high on Friday. Despite factory orders falling 4.8%, markets largely brushed off the news, along with fresh tariff headlines involving chip manufacturing and India. Apple’s $100+ billion commitment to new U.S. facilities added to the upbeat sentiment. The guys put market gains in perspective, noting the S&P 500 is up only 6.6% without dividends since President Trump’s election, despite a 30% rebound from April’s “tariff tantrum” lows. They also discuss the market’s tendency to rise regardless of which party holds the presidency, Trump’s CEO-style approach to leadership, and how political noise often keeps professional money managers on the sidelines.

Apple’s Big Investment

Apple made headlines this week with the announcement of a massive $100+ billion investment to expand manufacturing facilities in the United States. The move signals a continued commitment to domestic production, particularly in high-demand areas like chip manufacturing, which has been at the center of recent trade and tariff discussions. By building more capacity on U.S. soil, Apple could help strengthen supply chains, create jobs, and reduce reliance on overseas production, factors that the market and policymakers are watching closely. The news added to the week’s upbeat tone, reinforcing investor optimism even as broader economic data remained mixed.

Markets Slip, Economic Confusion Grows & The Best Investment Advice Ever

Sat, 02 Aug 2025 16:00:23 -0000

This week on Money Wise, the Davidson brothers break down a jam-packed week on Wall Street as all three major indices posted losses. The Dow slid 2.9%, the S&P 500 dropped 2.4%, and the NASDAQ dipped 2.2%. Despite the week’s red ink, year-to-date numbers remain positive. But the real story is the flurry of conflicting economic data. The second-quarter GDP came in hot at 3%, far above expectations, sparking debate about what that really means for the economy. Meanwhile, the Federal Reserve opted to hold rates steady, just before two critical data releases: the PCE inflation measure and a weak jobs report that led to downward revisions of over 250,000 jobs and the abrupt firing of the Bureau of Labor Statistics commissioner. The Money Wise guys question the Fed’s timing, dissects political posturing around the numbers, and wonder what’s next for interest rate policy as economic pressure builds.

Economic Confusion Grows

Economic headlines were anything but straightforward this past week, leaving investors grappling with mixed signals. On one hand, the second-quarter GDP surprised to the upside at 3%, more than double the Fed’s expectation, signaling strong economic growth. On the other hand, Friday’s jobs report told a very different story, with weaker-than-expected hiring and major downward revisions to previous months totaling a loss of 258,000 jobs. The fallout? The Bureau of Labor Statistics commissioner was abruptly fired late Friday, raising eyebrows about the politicization of economic data. The Federal Reserve, which held rates steady just before these major reports dropped, now faces renewed scrutiny for its timing and decision-making. With strength and weakness showing up simultaneously across key indicators, the economic picture remains as murky as ever.

In the second hour, the Money Wise guys share The Best Investment Advice Ever . You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

“The Big Beautiful Bill,” Wall Street Records & Equity Index Annuities

Sun, 27 Jul 2025 16:00:03 -0000

This week’s Money Wise episode dives into another record-setting week on Wall Street, with the S&P 500 and NASDAQ closing at new all-time highs, while the Dow still lags behind. The team recaps the weekly gains, Dow up 1.3%, S&P up 1.5%, and NASDAQ up 1%, and emphasizes that, despite the headlines, only 8% of S&P 500 companies are trading at their 52-week highs, highlighting untapped opportunity beneath the surface. In the second half of the show, the guys tackle the importance of active management, especially in a market dominated by the Magnificent 7 tech stocks. They also take a closer look at the "big beautiful bill" and push back on the doom-and-gloom narratives often echoed by the financial entertainment press.

“The Big Beautiful Bill”

In this week’s episode, the Money Wise guys also revisit the long-awaited “big beautiful bill,” highlighting how its recent passage could have meaningful economic implications. While details are still emerging, the legislation is expected to unlock further momentum for deregulation efforts and potentially stimulate business investment. The crew points out that much of the financial press hasn’t fully explored how this bill may impact markets, particularly when it comes to the broader economic growth narrative. With Wall Street already climbing, the bill could add another layer of tailwind, especially for sectors poised to benefit from reduced red tape and pro-growth initiatives.

Wall Street’s Uneasy Summer, Tariff Drama, & What Wall Street Won’t Tell You

Sat, 19 Jul 2025 16:00:58 -0000

The Money Wise guys are back with another episode, and they kick off the show with a rapid-fire recap of last week’s market moves. Markets were relatively calm this past week, with the Dow Jones Industrial Average down just 29 points (0.1%), the S&P 500 up 37 points (0.6%), and the NASDAQ gaining 310 points (1.5%). Year to date, the Dow is up 4.2%, the S&P 500 has climbed 7.1%, and the NASDAQ is up 8.2%. Despite hitting a new all-time high on Thursday, the S&P 500 continues to move in a sideways “cha-cha” pattern amid ongoing tariff uncertainty and mixed earnings results.

President Trump’s tariff deadlines and recurring comments about Federal Reserve Chairman Jerome Powell kept investors on edge, though markets appear increasingly numb to the steady flow of trade-related headlines. The Money Wise guys note that while strong earnings reports emerged this week, they didn’t excite Wall Street as much as expected, perhaps due to high second-quarter gains setting an elevated bar for performance. Looking ahead, the last week of July could bring renewed volatility with earnings from key “Magnificent 7” tech stocks and the looming August 1 tariff deadline.

Wall Street’s Uneasy Summer

Wall Street is heading into an uneasy summer, with markets caught between optimism and uncertainty. Strong second-quarter gains have set high expectations for corporate earnings, yet investors seem hesitant to push stocks much higher amid a constant drumbeat of tariff threats and shifting Federal Reserve signals. Even as the S&P 500 hit a new all-time high this week, trading has been marked by a sideways, stop-and-go pattern. With key tech earnings on deck and an August 1 tariff deadline looming, the coming weeks could determine whether the summer calm gives way to renewed volatility, or sets the stage for the next leg of the rally.

Tariff Fears Fade, Markets Take a Breather & RIA vs. Broker

Sat, 12 Jul 2025 16:00:43 -0000

This week on Money Wise, the team reflects on a quieter stretch for Wall Street after months of volatility. The Dow slipped 457 points (-1%), the S&P 500 dipped 0.3%, and the NASDAQ was nearly flat, down just 0.1%. Year-to-date, however, all three indexes remain positive, with the Dow up 4.3%, the S&P 500 up 6.4%, and the NASDAQ up 6.6%. While markets took the latest tariff announcements in stride, including President Trump’s July 9th letter outlining new rates for trading partners, investors remain cautiously optimistic. The “big beautiful bill” passed on July 4th also grabbed attention, with analysts now waiting to see how it will affect individuals and corporations. With little economic data or earnings news last week, markets stayed mostly headline-driven, prompting the Money Wise guys to remind listeners that sideways markets often present opportunities for thoughtful portfolio adjustments.

Tariff Fears Fade

After months of volatility tied to trade tensions, Wall Street seems to be tuning out the tariff noise. Even with President Trump’s latest announcements, the markets showed little reaction, suggesting that investors may see the worst of the tariff-driven swings as behind them. This shift in sentiment could signal a move toward more stable footing, giving portfolios room to refocus on fundamentals rather than headlines.

Markets Surge into Q3, Supreme Court Shake-Ups & The Best Investment Advice Ever

Sat, 05 Jul 2025 16:00:41 -0000

It was a blockbuster week, and quarter, for Wall Street. The Dow jumped 1,009 points (2.3%), the S&P 500 gained 1.7%, and the NASDAQ rose 1.6%. Year-to-date, all three indexes are firmly in positive territory, with the S&P 500 up 6.8% and the NASDAQ up 6.7%. June closed strong too, with the Dow up 4%, the S&P 500 up nearly 5%, and the NASDAQ surging 6.5%. Even more remarkable: the second quarter saw the S&P soar 10.5% and the NASDAQ skyrocket 17.75% despite April’s sharp correction.

The Money Wise guys break down how this market resilience reflects optimism around trade progress, cooling inflation, and regulatory rollbacks following a key Supreme Court ruling. They also highlight that, since November 2024, the S&P 500 is up just 4.1% (excluding dividends), leaving plenty of room for further growth. The second half of the show wrapped up their “10 Questions to Ask a Financial Advisor” series, empowering investors to make smarter decisions when choosing a financial partner.

Supreme Court Shake Ups

The Supreme Court’s recent decision limiting nationwide injunctions from federal district courts could have far-reaching implications for the economy, and the markets are just beginning to notice. This ruling clears the path for more of President Trump’s deregulation agenda, which was often stalled in his first term by lower-court injunctions. With fewer legal roadblocks, businesses could see a reduction in regulatory red tape, potentially boosting economic growth and corporate earnings. While this development hasn’t grabbed major headlines in the financial press, it could be an underappreciated driver of optimism in the current market rally.

In the second hour, the Money Wise guys share The Best Investment Advice Ever . You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

A Market Rally on Fed Hints, Fading Geopolitical Risks & Equity Index Annuities

Sat, 28 Jun 2025 16:00:55 -0000

The Money Wise guys kick off this week’s show with a review of last week’s numbers from Wall Street before diving into a discussion on current political tensions.Markets rallied hard this past week, capping off a strong June with gains across the board. The Dow Jones Industrial Average rose 1,612 points, or 3.8%. The S&P 500 climbed 205 points, a 3.4% jump, and the NASDAQ led the charge, adding 826 points for a 4.2% gain. Year-to-date, the Dow is now up 3%, the S&P 500 is up 5%, and the NASDAQ is also up 5%. This strong week was fueled by investor optimism that several lingering concerns may be moving toward resolution. The team discuss the market’s reaction to easing geopolitical tensions between Israel and Iran, with the U.S. stepping in to de-escalate the situation.

Despite some market jitters from new tariff-related headlines, including more trade drama involving China and Canada, the overall tone remained bullish. Comments from Fed officials and Chair Jerome Powell leaned more dovish than expected, suggesting that interest rate cuts could happen sooner than previously thought.

A Market Rally on Fed Hints

Markets surged this week in part due to dovish signals from the Federal Reserve. Comments from Fed Governors, including Christopher Waller, suggested a growing openness to interest rate cuts, potentially sooner than previously expected. Fed Chair Jerome Powell reinforced this tone during his testimony before Congress, emphasizing that the Fed is willing to act quickly if economic data warrants it. These remarks fueled optimism among investors who have been eagerly awaiting clarity on monetary policy. The possibility of rate relief sparked a strong rally, with major indexes posting some of their biggest weekly gains of the year.

Sideways Markets, Product Pitches, & What Wall Street Won’t Tell You

Sat, 21 Jun 2025 16:00:57 -0000

This week on Money Wise, the guys recap a flat week on Wall Street, with the Dow and NASDAQ barely budging and the S&P 500 hovering exactly where it was a month ago. Amid geopolitical tension in the Middle East and the looming July 9 tariff deadline, markets appear to be in a holding pattern. The Money Wise guys also preview a deeper discussion in the second half of the hour on how Wall Street continues to churn out new investment products, often more beneficial to sellers than buyers. They urge investors to tread carefully and stay focused on fundamentals while waiting for clarity in the second half of the year.

Sideways Markets

Markets don’t always move dramatically up or down—sometimes they just drift sideways. That’s been the case lately, with the S&P 500 virtually unchanged for over a month. This kind of flat performance, known as a “sideways market,” often reflects a mix of uncertainty and anticipation. Investors may be waiting for clarity on key issues, like tariff policy or legislative outcomes, before making big moves. While sideways markets can feel uneventful, they can also offer opportunities for strategic rebalancing and positioning for the next potential breakout.

In the second hour, the Money Wise guys divulge what Wall Street Won’t Tell You. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Geopolitical Risk Sparks a Pullback, Insurance-Based Investments, & RIA vs Broker

Sat, 14 Jun 2025 16:00:39 -0000

The Money Wise guys kick this week’s episode off with another market review. Last week the markets pulled back, with the Dow down 1.3%, the S&P 500 off by 0.4%, and the NASDAQ falling 0.6%. Despite encouraging inflation data, specifically favorable CPI and PPI readings, geopolitical tension in the Middle East quickly overshadowed the good news. Thursday night’s developments between Israel and Iran led to Friday’s market drop, with investors hesitant to hold positions over the weekend. The guys discuss how these types of events often spark short-term volatility, not long-term shifts, and share insight into recent rebalancing decisions involving oil and gas positions. Later in the show they delve into insurance-based investment products, often favored by legacy firms, but not always in clients’ best interest.

Insurance-Based Investments

Insurance-based investments, like variable annuities and equity-indexed products, are often pitched as safe, reliable options, especially by legacy firms. But behind the promises can lie high fees, long lock-up periods, and limited transparency. As discussed in this week’s episode, these products may serve the salesperson more than the investor, offering hefty commissions without always aligning with a client’s financial goals. It’s essential to look beyond the sales pitch and evaluate whether these tools truly support your long-term strategy.

A Surprisingly Steady U.S. Market, Global Economic Warnings & The Best Investment Advice Ever

Sat, 07 Jun 2025 16:00:21 -0000

In the week that just passed, the markets posted another strong week, capping off a resilient stretch that’s pushing all three major indexes back into positive territory for the year. The hosts discussed how the market recovery—initially doubted to be V-shaped—is indeed shaping up like one, with the S&P 500 now within 2% of all-time highs. A better-than-expected jobs report helped fuel Friday’s gains, reinforcing economic strength despite political calls for rate cuts.

The conversation also touched on the media drama between President Trump and Elon Musk, whose public fallout briefly rattled Tesla shares before markets recovered. Trump’s pressure on the Fed to slash interest rates by a full percentage point drew skepticism, particularly as economic data doesn't yet justify such a move. The team also speculated that the rhetoric may be more about countering economic weakness overseas—especially in Europe, where corporate insolvencies are on the rise—than it is about domestic fundamentals.

Global Economic Warnings

While U.S. markets showed strength last week, concerns abroad cast a longer shadow. Reports from Europe, particularly Germany, pointed to rising corporate bankruptcies and significant job losses—the most since the 2008 financial crisis. With discussions of massive stimulus measures and tax relief overseas, some analysts wonder whether the U.S. is quietly bracing for ripple effects. Although the American economy appears relatively stable for now, global instability could challenge that narrative in the months ahead.

In the second hour, the Money Wise guys share The Best Investment Advice Ever . You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

May Market Momentum, A Gloomy Wall Street, & Equity Index Annuities

Sat, 31 May 2025 16:00:31 -0000

The Money Wise guys kick off this week’s episode with a reflection on last week’s numbers from Wall Street. They report that the markets closed out May on a high note, with all three major indices posting solid weekly gains and even stronger monthly returns. The Dow rose 1.6%, the S&P 500 climbed 1.9%, and the NASDAQ led the charge with a 2% increase. For the month of May, the NASDAQ soared 9.6%, the S&P 500 jumped 6.2%, and the Dow finished up 3.9%.

The team goes on to highlight the second revision of Q1 GDP and the latest core PCE reading—formerly the Fed’s go-to inflation gauge. With year-over-year PCE now at 2.1%, the data suggests inflation is nearing the Fed’s 2% target, igniting debate about when rate cuts may finally happen. However, the media continues its gloom-heavy narrative, with financial figures like Jamie Dimon casting shadows of stagflation and looming bond market stress, despite signs of economic resilience. Later in the show, the team does a deep dive into proper portfolio construction, because how your investments are structured can make or break your financial goals.

A Gloomy Wall Street

Despite the strong performance across the markets in May, Wall Street sentiment remains surprisingly downbeat. Financial media and major voices like Jamie Dimon continue to push cautionary narratives, raising concerns about stagflation, cracks in the bond market, and long-term economic risks. Even as inflation readings like the core PCE show progress toward the Fed’s target, the tone from many in the financial world leans more pessimistic than the data might warrant. It’s a reminder that headlines often lag reality, and that investors need to stay focused on facts, not fear.

Markets Drop Before the Holiday, Tech Takes the Spotlight, and What Wall Street Won’t Tell You

Sun, 25 May 2025 16:00:57 -0000

Markets took a hit last week as the Dow fell 2.5%, the S&P 500 dropped 2.6%, and the NASDAQ slipped 2.5%. While early-week momentum was positive, the tone shifted sharply after President Trump posted on Truth Social Friday morning, announcing a potential 50% tariff on EU imports and a 25% tariff on foreign-made iPhones—news that sent markets into the red ahead of the long weekend. The Money Wise guys emphasize that unexpected announcements like this, especially during thin trading before holidays, tend to spook investors and contribute to volatility.

They also touch on broader media narratives that resurfaced concerns about the national deficit, potential downgrades to U.S. credit, and Social Security stability—longstanding fears that have persisted for decades. The team reminds listeners that these recurring headlines often stir emotions, but rarely reflect immediate threats to the markets. As always, the guys encourage maintaining a long-term perspective, staying grounded, and tuning out the financial “noise” that distracts from sound investment decisions.

Tech Takes the Spotlight

While the broader market slipped heading into the long weekend, tech stood out as a focal point of the conversation. From tariff threats on imported iPhones to questions around Apple's international manufacturing, technology companies found themselves in the political crosshairs once again. But beyond the headlines, it’s clear that tech still plays a critical role in market momentum—both as a driver of volatility and a source of long-term growth potential.

Tariff Tantrum Ends, Recovery Takes Shape, & RIA vs Broker

Sat, 17 May 2025 16:00:27 -0000

The Money Wise guys kick off this week’s episode by celebrating a strong rally in the markets and declaring the "tariff tantrum" officially over. The Dow surged 1,405 points (3.4%), the S&P 500 gained 298 points (5.3%), and the NASDAQ jumped 1,282 points (7.2%). That brought the Dow and S&P into positive territory for the year—up 0.3% and 1.3% respectively—while the NASDAQ is now down just 0.5% year-to-date. The spark for this surge? Productive trade talks in Switzerland between Treasury Secretary Bessette and Chinese officials, which resulted in a 90-day pause on the harshest proposed tariffs. The guys have long suspected those extreme tariffs would never be implemented, and the market's sharp V-shaped rebound has affirmed that outlook.

They also discuss how the S&P 500 successfully broke through technical resistance at the 200-day moving average, signaling renewed strength in the market’s momentum. Despite ongoing media skepticism and the likelihood of more headline-driven bumps ahead, the team is optimistic that the worst of the tariff-related fear is in the rearview mirror. They note that there's still room for growth, with the S&P 500 about 3% off its February highs and the NASDAQ still 4.5% below its recent peak. As trade tensions ease, attention is beginning to shift toward domestic policy—particularly the proposed “big beautiful tax bill,” which has hit some pushback. While it's a work in progress, the market hasn’t reacted negatively to political debate, another encouraging sign for investors moving forward.

Recovery Taking Shape

After weeks of uncertainty and technical stagnation, the market finally broke through resistance at the S&P 500’s 200-day moving average, confirming a V-shaped recovery. The Dow, S&P, and NASDAQ all posted major gains on the week, bringing the indexes closer to their previous highs. While there's still ground to cover—the S&P is about 3% off its February peak, and the NASDAQ is 4.5% below its December high—the team emphasized that recovery isn’t just about bouncing back, but continuing to build. With technical strength returning and investor sentiment improving, the foundation is being laid for a new phase of growth.

Sideways Markets, Trade Deal Hopes, & The Best Investment Advice Ever

Sun, 11 May 2025 16:00:34 -0000

This week on Money Wise, the “three amigos” take over hosting duties to break down another relatively quiet but technically meaningful week on Wall Street. The Dow dipped slightly by 0.16%, the S&P 500 slipped 0.47%, and the NASDAQ fell just 0.27%. Year-to-date, the major indexes are still in negative territory, with the Dow down 3%, the S&P down 3.8%, and the NASDAQ down 7.2%. Despite the modest weekly moves, the team points to an important technical development: the S&P 500 moved above its 50-day moving average, creating a new level of support, but continues to face resistance at the 200-day moving average. They liken the current market pattern to a “cha-cha” or a truck stuck in the mud, moving sideways until there’s more clarity on trade negotiations—particularly with China.

The Money Wise guys discuss how upcoming meetings between U.S. officials and Chinese trade representatives could play a key role in determining whether the market breaks out of its current range. While headline noise continues, the team believes we may already be past the worst of the negative sentiment. April's market performance—down less than 1% despite volatile news flow—was cited as evidence of resilience. With the S&P 500 still 7.9% off its February highs, the guys emphasize that there's still plenty of room for growth and encourage investors not to assume they’ve “missed” the recovery. Their closing message: stay level-headed, tune out the media spin, and lean on long-term fundamentals.

Trade Deal Hopes

The Money Wise guys emphasize the significance of upcoming trade negotiations between the U.S. and China, noting that a well-received framework could be the catalyst markets need to break out of their current sideways pattern. With Secretary Bessette expected to meet with Chinese officials, early talks are focusing on de-escalating current tariff measures before diving into a more comprehensive trade plan. The guys believe that a positive outcome—especially one that avoids reinstating the harsher tariffs previously announced—could ease investor anxiety and inject new momentum into the market. While political noise will likely continue, they point out that both economic and political pressures make it unlikely that the full slate of punitive tariffs will be enforced. If meaningful progress is made, it could help the S&P 500 push past its 200-day moving average and reignite broader investor confidence.

In the second hour, the Money Wise guys share The Best Investment Advice Ever . You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Market Resilience, the 90-Day Tariff Countdown, & Equity Index Annuities

Sat, 03 May 2025 16:00:46 -0000

This week on Money Wise, the guys recap another positive stretch for markets as the Dow climbed 1,204 points (3%), the S&P 500 rose 161 points (2.9%), and the NASDAQ jumped 595 points (3.4%). Despite ongoing tariff worries, the indexes continue to recover from earlier declines. Year-to-date, the Dow remains down 2.9%, the S&P 500 is off 3.3%, and the NASDAQ is still down 6.9%. April itself ended with mixed results — while the Dow and S&P were slightly negative, the NASDAQ managed a modest gain, highlighting how quickly sentiment has shifted. The Money Wise guys point to the market’s nine-day winning streak as a reminder of why emotional investing and market timing can be dangerous. Investors who stepped aside during the tariff turmoil likely missed a major rebound, reinforcing the team’s advice to stay disciplined and diversified.

Much of the discussion centers around the ongoing trade situation and its evolving impact on market dynamics. While uncertainty remains, the guys are cautiously optimistic that the harshest tariff measures may never materialize. They emphasize that with 60 days left in the current negotiating window, many global trading partners — especially China — appear motivated to reach deals. Recent headlines, such as China’s willingness to discuss fentanyl trade issues, fueled hopes of progress. The team also acknowledges political considerations, noting that with midterms approaching and tax policy goals on the table, President Trump may be inclined to soften tariff plans to avoid jeopardizing economic momentum. In short, while headline risk remains, the market’s resilience and improving breadth suggest investors should stay focused on fundamentals and avoid reacting emotionally to every twist in the news cycle.

The 90-Day Tariff Countdown

The Money Wise guys spotlight the ongoing 90-day tariff countdown, emphasizing how it continues to hang over the market and shape investor sentiment. While uncertainty remains, they express confidence that the harshest tariff measures announced on April 2 may ultimately never be implemented. With about 60 days left in the negotiation window, key trading partners—especially China—are showing signs of willingness to come to the table, evidenced by recent talks around sensitive issues like fentanyl. The hosts note that political pressures, including upcoming midterm elections and the desire to push tax legislation forward, may further motivate President Trump to ease or delay tariff plans. For now, the countdown keeps markets headline-driven, but the team believes an all-out tariff escalation remains unlikely.

Earnings Season Kicks Off, Managing the Noise & What Wall Street Won’t Tell You

Sun, 27 Apr 2025 16:00:43 -0000

This week on Money Wise, the team recaps a strong rebound for the markets. The Dow rose 971 points (2.5%), the S&P 500 gained 243 points (4.6%), and the NASDAQ jumped 1,096 points (6.7%). Year-to-date losses are still present—with the Dow down 5.7%, the S&P down 6.1%, and the NASDAQ down 10%—but the gap from all-time highs is closing. The S&P and Dow are each about 10–11% off their highs, and the NASDAQ has improved significantly, now only about 14% off. Much of the rally was attributed to strong earnings results, particularly from the "Magnificent 7" tech stocks, which have contributed 14.8% of the S&P 500’s first-quarter earnings growth so far.

The Money Wise guys also reflect on the week's political drama, with markets initially rattled after President Trump’s comments about firing Fed Chairman Powell, leading to a sharp 1,000-point drop in the Dow. However, calmer voices—particularly Treasury Secretary Bessette—seemed to prevail, with Trump later walking back his comments, helping markets rebound. The guys emphasize that while the market is still dealing with the fallout from the ongoing tariff issues, earnings season offers real opportunities, especially beyond the top tech names. Their reminder to investors: stay focused on fundamentals and don’t let headline-driven volatility knock you off course.

Earnings Season Kicks Off

Starting off the show, the Money Wise guys highlight that earnings season is now in full swing, bringing a critical shift in market focus away from political headlines and back toward company fundamentals. They point out that while the "Magnificent 7" tech stocks have driven much of the early earnings growth—contributing nearly 15% so far—the broader market is starting to show more opportunities beyond just big tech. With major companies like Amazon, Apple, and Microsoft reporting in the coming days, the team emphasize that this is the "meat and potatoes" part of earnings season, where real market leadership and broader participation could start to emerge.

Market Holds in Uncertainty, The L-Shaped Recovery Debate, & RIA vs. Broker

Sat, 19 Apr 2025 16:00:31 -0000

This week on Money Wise, the team recaps another choppy stretch for the markets as the Dow dropped 1,070 points (2.7%), the S&P 500 fell 81 points (1.5%), and the NASDAQ lost 438 points (2.6%). Year-to-date, losses continue to deepen with the Dow down 8%, the S&P 500 down 10.2%, and the NASDAQ down 15.7%. The Money Wise guys agree that we remain in the thick of what they’re calling a “tariff tantrum,” with ongoing headline-driven volatility and no clear end in sight. Trading volume has fallen below average on both the buy and sell sides, signaling that many investors are taking a wait-and-see approach as negotiations with global trading partners get underway.

The team discuss the likelihood of an "L-shaped recovery" rather than a fast V-shaped rebound, emphasizing that uncertainty around tariff negotiations is keeping markets stuck in a sideways trading range. While there’s cautious optimism that some policies may shift or soften—especially as pressure builds heading into the 90-day trade negotiation deadline—they note that confidence among institutional investors remains low. Still, there are selective opportunities emerging in beaten-down sectors like tech, and the Money Wise guys have been making targeted moves. Their takeaway: In a market this headline-sensitive, discipline, diversification, and emotional restraint remain essential.

The L-Shaped Recovery Debate

The Money Wise team explores the idea of an "L-shaped recovery," contrasting it with the swift, V-shaped rebound seen during the COVID-era downturn. In this scenario, the market experiences a sharp drop followed by a prolonged period of stagnation, rather than a quick climb back. With investor confidence shaken and uncertainty lingering around ongoing tariff negotiations, the guys agree this slower, flatter trajectory may be more realistic. They point to low trading volume and lack of decisive direction as signs that many investors are in a holding pattern—waiting for clarity before reentering the market in a meaningful way.

Markets Rebound, Emotional Investing, & The Best Investment Advice Ever

Sat, 12 Apr 2025 16:00:42 -0000

As always, the Money Wise guys kick off this week with a look into the numbers from Wall Street. Thankfully, the markets delivered a dramatic turnaround, with the Dow up 1,898 points (5%), the S&P 500 gaining 289 points (5.7%), and the NASDAQ soaring 1,137 points (7.3%). While year-to-date numbers remain negative—Dow down 5.5%, S&P 500 down 8.8%, and NASDAQ down 13.4%—the guys unpack what they call one of the wildest weeks in market history, particularly Wednesday’s rally, which ranked among the top 10 point gains for the Dow. The Money Wise guys compare the volatility to COVID-era swings but emphasize that this time, the chaos is largely self-inflicted—driven by headlines, tweets, and the ongoing uncertainty surrounding Trump’s tariff plans.

Much of the conversation focuses on how investor emotions—from despair to euphoria—can wreak havoc in volatile environments like this. The team stress the importance of staying invested and not letting fear drive decisions, citing that missing just a few of the market’s biggest up days can drastically cut long-term returns. They also discuss Trump’s strategic pivot on tariffs, which may lead to long-term benefits—including potential revenue generation to extend tax cuts. With policy uncertainty still hanging over the markets, they want to remind listeners that disciplined, balanced investing is more important than ever—especially when a single tweet can send stocks soaring or crashing.

Emotional Investing

This week, the Money Wise team emphasizes that emotional investing is one of the most damaging habits an investor can fall into—especially during volatile periods like this. Making decisions based on fear, panic, or even excitement can lead to costly mistakes, such as pulling out of the market right before a major rebound. They point out that missing just a handful of the market’s biggest up days—like this week’s historic rally—can drastically reduce long-term returns. In environments driven by headlines and political uncertainty, keeping emotions in check and staying committed to a long-term strategy is key to avoiding self-inflicted financial setbacks.

In the second hour, the Money Wise guys share The Best Investment Advice Ever . You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Historic Market Drop, Tariff Tantrums & Equity Index Annuities

Sun, 06 Apr 2025 16:00:29 -0000

This week, the Money Wise guys focus on one of the most volatile market stretches in recent memory, as the Dow dropped 3,269 points (7.9%), the S&P 500 fell 507 points (9.1%), and the NASDAQ plunged 1,735 points (10%). Year-to-date numbers now show steep losses, with the Dow down 9.9%, the S&P down 13.7%, and the NASDAQ down 19.3%. The team zero in on what they dubbed the “tariff tantrum,” triggered by President Trump’s trade policy announcements mid-week. Thursday and Friday alone accounted for the #3 and #4 worst point-loss days in Dow history, with the S&P 500 losing a staggering $4.9 trillion in market capitalization across just two sessions.

The guys push back against what they called an “asinine overreaction,” blaming politically motivated selling, algorithmic trading, and a media environment eager to cast a negative light on Trump’s agenda. They argue the market’s response was out of proportion to the actual policy implications and point out that similar trade imbalance issues have persisted for decades without such dramatic selloffs. With fear and sentiment driving the downturn—not fundamentals—the message is clear: stay focused, stay invested, and don’t let emotional headlines derail long-term plans.

Historic Market Drop

The team emphasizes the sheer magnitude of this week’s market drop, calling it one of the most historic in recent memory. They highlight that Thursday and Friday marked the third and fourth largest single-day point losses in the history of the Dow, rivaling even the volatility seen during the COVID era. More striking, they note, was the $4.9 trillion in market capitalization wiped out from the S&P 500 alone—just over two days. While acknowledging the seriousness of the decline, they question whether the reaction was proportionate to the news, calling it an emotionally charged overcorrection rather than a reflection of true economic fundamentals.

Market Dips Amid Sentiment Swings, ‘Liberation Day’ Anticipation, & What Wall Street Won’t Tell You

Sat, 29 Mar 2025 16:00:19 -0000

This week, the Money Wise guys analyze a volatile market week, with the Dow down 1%, the S&P 500 down 1.5%, and the NASDAQ dropping 2.6%. A “buyer strike” seemed evident, with the last three trading days seeing unusually low volume, suggesting traders are waiting for clarity on April 2—dubbed "Liberation Day"—when new tariff policies may take shape. The discussion highlights how sentiment, often driven by media narratives and economic indicators like the Michigan Consumer Sentiment Index and PCE inflation data, continues to fuel market swings. Friday saw another sharp decline, which the guys attribute to knee-jerk reactions rather than fundamental shifts. The team emphasizes the challenge of navigating a market increasingly influenced by headlines rather than hard data.

‘Liberation Day’ Anticipation

“Liberation Day,” a term jokingly given to April 2, refers to the hope that markets might finally break free from the constant barrage of tariff-related headlines. The Money Wise guys express frustration with how trade policy news has dominated market sentiment, creating heightened volatility. They note that traders seem to be holding back, waiting to see how the administration’s next moves unfold before making big market decisions. The guys speculate that if the April 2 announcement brings clarity and stability, it could provide much-needed relief from the uncertainty that has weighed on investor emotions throughout the quarter. However, they also acknowledge that if the announcement sparks more confusion, the cycle of sentiment-driven market swings could continue.

Fed Signals Support, Triple Witching Volatility, & RIA vs Broker

Sat, 22 Mar 2025 16:00:40 -0000

The Money Wise guys open this week’s episode with a look at last week's market performance, which saw a modest rebound. The Dow climbed 497 points (1.2%), the S&P 500 added 29 points (0.5%), and the NASDAQ rose 30 points (0.2%). Despite the uptick, year-to-date numbers remain in the red: the Dow is down 1.3%, the S&P 500 is down 3.6%, and the NASDAQ is down 7.9%. The discussion focuses on Friday’s "triple witching" volatility, which brought significant buying volume—92% above the daily average—and helped markets finish the week strong. While the rally was welcomed, the guys caution that continued volatility is likely, especially as we enter earnings season and companies may take advantage of lower stock prices to release less-than-stellar news.

A major theme of the episode was the Federal Reserve's latest meeting, which the Money Wise guys note they barely mentioned in the prior week—a sign, they joke, that “Dad would be proud.” The Fed struck a more dovish tone, with Chairman Powell signaling concerns about economic growth and reducing the Fed’s monthly balance sheet runoff from $25 billion to $5 billion. While Powell wasn’t fully convinced that upcoming reciprocal tariffs would fuel long-term inflation, the Fed's updated stance and talk of possible rate cuts (now estimated at two in 2025) helped lift market sentiment midweek. However, volatility persisted, and the team emphasizes that the market's reaction was less about surprises and more about the Fed giving investors what they wanted: signs of a willingness to support the economy without appearing overly reactive.

Triple Witching Volatility

Friday’s triple witching—a quarterly event when stock options, index options, and futures contracts expire simultaneously—brought a surge in buying volume, with activity spiking 92% above the daily average. While some of the movement may have been driven by technical factors and short-term positioning, the team notes that it contributed to a strong close that helped markets notch modest weekly gains. This kind of volatility, they emphasize, is exactly what they’ve been preparing listeners for all year: unpredictable swings driven more by market mechanics and sentiment than fundamentals.

A Wary Market, Trump’s Trade Strategy & The Best Investment Advice Ever

Sat, 15 Mar 2025 17:12:53 -0000

The Money Wise guys return this week to analyze another rough stretch for the markets, with the Dow falling 1,114 points (3.1%), the S&P 500 losing 131 points (2.3%), and the NASDAQ dropping 442 points (2.4%). Year-to-date, the numbers continue to slide, with the Dow now down 2.5%, the S&P 500 down 4.1%, and the NASDAQ sinking 8.1%. The discussion opens with a thought-provoking quote from a JP Morgan analyst, emphasizing that while politics may dominate headlines, the stock market operates independently—driven by earnings, growth, liquidity, and investor confidence. Despite market consensus initially expecting a balance between inflationary and pro-growth policies, investors appear wary of the Trump administration’s aggressive stance in its first 50 days, particularly on trade and tariffs.

The conversation then pivots to Trump's long-held views on trade, dating back to interviews from the 1980s, and how his current policies reflect a long-standing belief that the U.S. has been taken advantage of by its trading partners. While tariffs and trade battles may cause short-term economic pain and potentially slow growth, the team notes that the odds of a full recession remain below 50%. Additionally, they point out that the Federal Reserve has tools at its disposal—such as pausing quantitative tightening or cutting interest rates—to offset economic pressure if needed. The Money Wise guys speculate that Trump’s aggressive trade stance might also serve as a strategic push to force the Fed’s hand on rate cuts, especially as inflation pressures tied to housing remain a key concern. With producer and consumer price numbers improving, the message was clear: investors may need to endure short-term volatility for the potential of longer-term market strength.

A Wary Market

The team discusses how the market remains wary of Trump’s aggressive trade policies, particularly tariffs on key trading partners, which have fueled volatility and investor uncertainty. While some fear these measures could slow economic growth, others see them as necessary to correct trade imbalances. They also note how negative media coverage and escalating tensions have amplified fear-driven selloffs, leading to market corrections that don’t always align with economic fundamentals. The key takeaway? Investors should stay focused on long-term strategies rather than reacting emotionally to short-term fluctuations.

In the second hour, the Money Wise guys share The Best Investment Advice Ever . You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Tariff Turmoil, The Fear-Driven Selloff & The Best Investment Advice Ever

Sat, 08 Mar 2025 17:00:48 -0000

The Money Wise guys break down another tough week for the markets, with the Dow dropping 1,039 points (2.4%), the S&P 500 falling 184 points (3.1%), and the NASDAQ sliding 651 points (3.5%). Year-to-date, the Dow remains slightly positive (+0.6%), but the S&P 500 (-1.9%) and NASDAQ (-5.8%) have dipped further into negative territory. With the market entering a correction phase, the discussion turned to historical context—reminding listeners that pullbacks of 5-10% are normal and occur regularly. What makes this correction unique, however, is the overwhelming noise surrounding it, much of which stems from ongoing tariff debates and broader economic uncertainty. The guys note that market sentiment is increasingly driven by headlines, with investors reacting sharply to political narratives rather than fundamentals. Yet, just as quickly as fear has taken hold, a resolution to tariff disputes could send the market soaring again, making emotional reactions a risky approach to investing.

Expanding on investor sentiment, the team highlights CNN’s Greed and Fear Index, which currently signals "extreme fear" in the markets—mirroring the heightened anxiety seen among investors. They stress that while fear-driven selloffs can snowball, historical patterns show that markets tend to recover from corrections, often rebounding when uncertainty clears. The Federal Reserve’s stance remains that inflation from tariffs is likely a one-time price adjustment rather than a long-term concern, though skepticism lingers after past assurances that inflation would be "transitory." Ultimately, the guys urge investors to avoid emotional decision-making, resist the herd mentality, and focus on long-term fundamentals rather than short-term panic.

Tariff Turmoil

The ongoing tariff debate continues to fuel market volatility, with investors reacting to every new headline despite the lack of concrete long-term impacts. The guys point out that while tariffs have dominated the news cycle, their actual economic effects remain uncertain—especially since past tariffs under different administrations received little media attention. They argue that the market’s fixation on trade negotiations is more about political noise than financial fundamentals. A single announcement resolving disputes with Canada, Mexico, or China could trigger a massive market rally, yet many investors are making emotional decisions based on speculation rather than patience.

In the second hour, the Money Wise guys share The Best Investment Advice Ever . You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Traders Gonna Trade, A Year of Heightened Swings & Equity Index Annuities

Sat, 01 Mar 2025 17:00:36 -0000

The Money Wise guys wrap up February with a look at market performance, noting a mixed week where the Dow rose 413 points (1%), while the S&P 500 and NASDAQ fell 1% and 3.5%, respectively. February was historically in line with expectations as a weak month, with all three major indexes closing lower—down 1.6% (Dow), 1.4% (S&P 500), and 4% (NASDAQ). Despite recent declines, year-to-date numbers remain positive for the Dow (+3%) and S&P 500 (+1.2%), though the NASDAQ sits at -2.4%. The guys highlight the ongoing trading range in the S&P 500, which has been oscillating between 6,100 and 5,775 since December. A notable surge in buying volume on Friday—the highest of 2025—pushed markets higher into the weekend, fueling speculation about whether this was the start of a rebound or merely short sellers covering positions.

Beyond the numbers, the conversation turned to the forces driving volatility, from political headlines to month-end hedge fund positioning. A sharp 800-point Dow reversal on Friday, sparked by political drama in the White House, underscored how reactive markets have become to news cycles. The team reiterated that 2025 is shaping up to be a year of heightened swings, driven largely by ongoing speculation about tariffs and Federal Reserve policy. With traders reacting to every development, maintaining a long-term perspective remains key. The takeaway? Noise and short-term fluctuations will continue, but investors who stay disciplined and focus on the bigger picture will be better positioned amid the turbulence.

Traders Gonna Trade

Friday’s surge in buying volume—the highest of 2025—sparked debate over whether it signaled genuine bullish momentum or was simply short sellers closing positions ahead of the weekend. With trading volume 44% above the daily moving average, the spike in activity stood out, but the real question remains: were investors stepping in with conviction, or were hedge funds and traders locking in gains after a volatile month? Given that February ended in the red for all major indexes, some argue that fund managers were closing shorts to secure profits before monthly performance calculations. Whether this buying pressure carries into next week or fades as a temporary end-of-month adjustment will be a key indicator of market direction moving forward.

A Cacophony of Mixed Signals, Negative News, & What Wall Street Won’t Tell You

Sat, 22 Feb 2025 17:00:14 -0000

The Money Wise guys kicked off the weekend by diving into Wall Street's numbers for the past week. The Dow fell 1,118 points (2.5%), the S&P 500 slid 102 points (1.7%), and the NASDAQ dropped 503 points (2.5%), even though year-to-date gains remain modestly positive—with the Dow at 2.1%, the S&P 500 at 2.2%, and the NASDAQ at 1.1%. The market also experienced a notable "Friday attack," with more sellers than buyers pushing the S&P 500 right to its 50-day moving average, a level that has framed a trading range since early December between roughly 5,775 and 6,100 points.

The conversation then shifted to the cacophony of mixed signals driving market volatility. Amid escalating political noise and heated debates—ranging from conflicting messages on Federal Reserve policy to the media's relentless focus on tariffs and negative news—the team noted how such sentiment can amplify market jitters. Issues like United Healthcare’s billing challenges, which affect nearly 10% of the Dow, only added to the uncertainty. The overarching takeaway? With a tug-of-war of opinions and a media environment steeped in negativity, investors should brace for continued volatility and keep a cool head in the face of fluctuating market signals.

A Cacophony of Mixed Signals

Amid the ongoing market gyrations, investors are bombarded with a cacophony of mixed signals that intensify volatility. One moment, promising year-to-date numbers and hints of potential Fed rate cuts suggest a stable outlook; the next, media narratives filled with political discord, tariff warnings, and healthcare stock debacles send shockwaves through the market. This constant barrage of conflicting information makes it increasingly challenging for investors to discern reliable indicators, fueling rapid shifts in sentiment and creating an environment where even minor news can trigger outsized reactions.

Tariff Tantrums, The Fed’s Next Move & RIA vs. Broker

Sat, 15 Feb 2025 17:00:00 -0000

The Money Wise Guys kick off this week’s podcast with a market recap, highlighting a strong performance across major indexes. The Dow rose 243 points (0.5%), the S&P 500 gained 89 points (1.5%), and the NASDAQ jumped 503 points (2.6%), with all three maintaining solid year-to-date gains. The discussion touches on technicals, noting that the S&P 500 has been stuck in a sideways trading range since late January. Key market drivers remain interest rate expectations and ongoing tariff negotiations. While initial tariff announcements caused sharp reactions, market sensitivity has eased as investors adjust to the administration’s strategy of using tariffs as leverage in trade deals. Meanwhile, the Federal Reserve reiterated its data-driven approach to monetary policy, though speculation continues about whether persistent inflation could slow down expected rate cuts.

Beyond market movements, the guys focus on tariffs and their broader economic impact. The administration’s latest round of reciprocal tariffs, particularly on the Eurozone and India, reignited debates about their inflationary effects. While some argue tariffs drive up prices, the guys pointed out that competition and supply chain adjustments help mitigate long-term inflation risks. With the administration pushing aggressive policy changes in its first 100 days, heightened volatility is expected throughout 2025. The key takeaway? Investors should stay informed, remain flexible, and prepare for continued market fluctuations as new economic policies take shape.

Tariff Tantrums

Tariff tantrums—sharp market reactions to new trade policies—have become a recurring theme, though their impact appears to be fading. Initially, every new tariff announcement triggered volatility, but investors seem to be adjusting to the administration’s aggressive trade stance. While tariffs can raise costs on imported goods and contribute to inflation, the market is learning to anticipate these moves rather than panic. The back-and-forth nature of tariff negotiations, where policies are announced, adjusted, or delayed, has created uncertainty, but also opportunities for traders who navigate the swings. As businesses adapt supply chains and the administration continues its tit-for-tat approach, the market’s sensitivity to tariff news may keep diminishing—unless a major escalation reignites the tantrums.

The Broader Economic Impact of Tariffs, Media-Driven Sentiment, & The Best Investment Advice Ever

Sun, 09 Feb 2025 17:00:22 -0000

The Money Wise guys are back at it again, and this past week showed a mixed market, with the Dow slipping 241 points (-0.5%), the S&P 500 declining 14.5 points (-0.2%), and the NASDAQ dropping 104 points (-0.5%). Despite the losses, year-to-date gains remain solid, with the Dow up 4.1%, the S&P 500 up 2.5%, and the NASDAQ up 1.1%. The discussion highlights continued market volatility, particularly Friday’s selloff following a stronger-than-expected average hourly earnings report, which reignited concerns over inflation. While the unemployment rate ticked down to 4%, and job growth was slightly below expectations, the markets reacted negatively, underscoring the ongoing “perversion” where good economic news can trigger selling pressure due to fears of Federal Reserve policy adjustments.

The guys also welcomed new associate advisor Louie to the show, discussing his background and fresh perspective as part of the next generation of investment management. Shifting focus back to market narratives, they emphasize the impact of media-driven sentiment, particularly the attention given to inflation concerns and commodity prices, like the rising cost of eggs and brisket. The guys also reiterate expectations for heightened market volatility in 2025 and go into a discussion on the broader economic impact of tariffs and government policies. Tune in to hear more about the week’s market moves, inflation’s influence on trading behavior, and how investors can navigate the uncertainty ahead.

The Broader Economic Impact of Tariffs

Tariffs, when used strategically, can be a powerful tool to protect domestic industries, encourage American manufacturing, and even generate government revenue. By making imported goods more expensive, they level the playing field for U.S. businesses, incentivizing consumers to buy American-made products and keeping jobs at home. Plus, in a global economy where other countries play by their own rules, tariffs can be a way to push back against unfair trade practices. However, it's essential to recognize that excessive or poorly targeted tariffs can lead to unintended consequences. For instance, they can increase costs for consumers and businesses that rely on imported materials, potentially leading to higher prices and reduced economic growth. Therefore, while tariffs can be beneficial in certain contexts, they must be implemented with caution to avoid escalating trade tensions and harming the very economy they aim to protect.

In the second hour, the Money Wise guys share The Best Investment Advice Ever . You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Algorithmic Trading, AI and Market Volatility & Equity Index Annuities

Sat, 01 Feb 2025 17:00:41 -0000

The Money Wise guys are back in the studio and as always, the team kicks off this week’s episode by breaking down a volatile market week, with the Dow gaining 120 points (+0.3%) while the S&P 500 fell 61 points (-1%) and the NASDAQ dropped 327 points (-1.6%). Despite the week’s losses, all three indices remain positive year-to-date, with the Dow up 4.7%, the S&P 500 up 2.7%, and the NASDAQ up 1.6%. The guys discuss the increased volatility of 2025, which they expect to be higher than in 2024, and the impact of algorithm-driven trading on market swings. Monday’s sharp selloff in tech stocks was fueled by an unverified report from DeepSeek, a Chinese AI research lab, claiming that an open AI model could be built for just $6 million. This triggered a major downturn in the NASDAQ, as markets reacted to fears of AI advancements disrupting big tech profitability. However, further analysis revealed the report to be misleading, leading to a recovery the next day.

The conversation highlights the importance of active management in navigating knee-jerk market reactions, as well as the team’s strategic decision to reduce exposure to mega-cap tech stocks at the start of the year. While not anticipating a specific event like this, the guys recognize the risks of overconcentration in a few dominant names and positioned their portfolios accordingly. They also touch on Microsoft’s discovery of stolen AI data from China, raising further concerns about AI security and market manipulation. They emphasize the need for investors to stay disciplined, avoid emotional reactions, and focus on long-term strategies in a market increasingly influenced by algorithmic trading and unvetted news.

Algorithmic Trading

Algorithmic trading, also known as algo trading, refers to the use of computer programs and complex mathematical models to execute trades at high speeds based on predefined criteria. These algorithms analyze vast amounts of market data, news feeds, and technical indicators to make split-second decisions, often executing trades in fractions of a second. While algorithmic trading increases market efficiency and liquidity, it can also amplify volatility, as seen in cases where automated systems react to unverified news or sudden price movements. This can lead to exaggerated selloffs or rallies, as algorithms trigger a chain reaction of trades based on momentum rather than fundamental analysis. For investors, understanding the impact of algo trading is crucial, as it underscores the importance of active management, diversification, and maintaining a disciplined approach during rapid market fluctuations.

Equally Weighted Strategies vs. Market-Cap-Weighted Indices, A Shift From the ‘Magnificent 7’ & What Wall Street Won’t Tell You

Sat, 25 Jan 2025 17:00:00 -0000

The Money Wise guys are back with another look at last week’s numbers from Wall Street, with the Dow Jones rising 936 points (+2.2%), the S&P 500 gaining 105 points (+1.7%), and the NASDAQ climbing 324 points (+1.7%). Year-to-date, the markets are showing steady gains, with the Dow up 4.4%, the S&P 500 up 3.7%, and the NASDAQ up 3.3%. The conversation highlights a notable shift in market dynamics, as investors moved away from the "Magnificent 7" tech stocks that drove much of the market in 2023 and 2024. This reallocation has broadened market participation, leading to stronger performance from other sectors such as healthcare, industrials, and financials.

The guys discuss their 2025 portfolio adjustments, reducing exposure to large-cap tech stocks and introducing 13 new holdings across diverse sectors to embrace a more equally weighted and diversified approach. They highlight the benefits of broader market participation, noting that while tech giants like Apple remain strong, their high valuations make them vulnerable to volatility. The episode also emphasizes the advantages of equally weighted strategies, which have outperformed traditional market-cap-weighted indices this year, and stresses the importance of understanding portfolio composition. Overall, they view this shift toward diversification as a positive trend for the market and investors in 2025.

Equally Weighted Strategies vs. Market-Cap-Weighted Indices

Equally weighted strategies and market-cap-weighted indices differ in how they allocate investments. Market-cap-weighted indices, like the traditional S&P 500, give more weight to larger companies, meaning a few mega-cap stocks can heavily influence market performance. In contrast, equally weighted strategies assign the same weight to each stock, promoting broader market participation. This distinction is important because equally weighted strategies can provide a more balanced exposure, helping to reduce investors reliance on a small number of dominant companies. In times of profit-taking or volatility among large-cap stocks, equally weighted strategies may outperform, offering diversification and potentially more stable returns.

In the second hour, the Money Wise guys dig into What Wall Street Won’t Tell You. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

A Portfolio Rebalance, Shifting Fed Expectations, and RIA vs. Broke

Sun, 19 Jan 2025 17:00:22 -0000

This week, the Money Wise guys discuss a strong market rebound, with the Dow rising 1,150 points (+3.7%), the S&P 500 gaining 170 points (+2.9%), and the NASDAQ climbing 469 points (+2.4%). With all three major indices turning positive for the year, the team attributes the rally to lower Treasury yields and favorable CPI and PPI reports. Early earnings reports, particularly from banks, were solid, but the real test lies ahead as the rest of the S&P 500, including major tech companies, releases results later in the month.

A key theme of the episode is the shift away from mega-cap tech dominance, as the equally weighted S&P 500 has begun outperforming its market-cap-weighted counterpart. The guys discuss their recent portfolio rebalance, reducing exposure to overvalued tech stocks and adding an equally weighted ETF (RSP) to increase diversification and reduce risk. They also revisit the market "perversion," where good economic news can lead to negative market reactions due to shifting Fed expectations. This unpredictability reinforces the importance of active management in navigating 2025’s evolving market landscape.

A Portfolio Rebalance

Portfolio rebalancing is a crucial strategy for managing risk and optimizing returns, especially in changing market conditions. The Money Wise guys recent rebalance at the start of 2025 involved reducing exposure to high-performing mega-cap tech stocks, which had dominated the market in 2023 and 2024, and reallocating funds into an equally weighted ETF (RSP) along with other diversified holdings across sectors like healthcare, industrials, and financials. This approach helps prevent overconcentration in a handful of stocks, reducing volatility and ensuring portfolios remain aligned with long-term investment goals. By regularly rebalancing, investors can lock in gains from overperforming assets, take advantage of undervalued opportunities, and maintain a well-diversified portfolio that can better withstand market shifts and economic uncertainties.

A Surprisingly Strong Jobs Report, A Perversion of the Markets, & The Best Investment Advice Ever

Sat, 11 Jan 2025 17:00:20 -0000

The Money Wise guys are back with a brand new episode this week. As always, they begin with a break down of Wall Street’s performance this past week, with the Dow Jones dropping 1.86%, the S&P 500 declining 1.94%, and the NASDAQ falling 2.34% for the week. Year-to-date, all three indices remain slightly negative, with the Dow down 1.42%, the S&P 500 down 0.91%, and the NASDAQ down 0.77%. The conversation highlights Friday’s surprisingly strong jobs report, which revealed 256,000 new jobs created in December—far exceeding expectations of 155,000. The unemployment rate ticked down to 4.1%, and broader measures of underemployment improved as well. However, average hourly earnings rose only 0.3%, slightly below expectations, providing a mixed signal for inflation.

The guys also explore how strong employment data, which should traditionally boost markets, instead triggered a "perversion" of market behavior, as concerns over Federal Reserve policy fueled a sell-off. Thet discuss how robust jobs numbers cast doubt on a potential recession while raising questions about future rate cuts or even increases. Despite the market’s reaction, the Money Wise guys emphasize the overall strength of the economy and how these numbers challenge the narrative of a looming downturn. Tune in for insights on the jobs report, market performance, and what this means for 2025.

A Surprisngly Strong Jobs Report

The latest jobs report revealed a surprisingly strong working market. Broader measures of underemployment also improved, signaling a robust labor market. Interestingly, average hourly earnings rose just 0.3%, falling short of the anticipated 0.4% increase, which eased some concerns about wage-driven inflation. A report like this is crucial for the markets because it reflects the overall health of the economy and influences Federal Reserve policy decisions. Strong job growth and low unemployment suggest a resilient economy but may prompt the Fed to reconsider its approach to interest rate cuts, leading to increased market volatility.

In the second hour, the Money Wise guys share the Best Investment Advice Ever. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Saying Goodbye to 2024, The Impact of Rising Bond Yields, & Equity Index Annuities

Sat, 04 Jan 2025 17:00:22 -0000

As 2024 comes to a close, the Money Wise guys take a closer look at the year’s final numbers and a challenging December for the markets. The Dow Jones fell 260 points (-0.6%), the S&P 500 dropped 28 points (-0.5%), and the NASDAQ declined 100 points (-0.5%) for the week. Despite the weak December performance—attributed to Federal Reserve actions dampening the anticipated "Santa Claus rally"—2024 was an outstanding year for investors, with the Dow gaining 14.99%, the S&P 500 rising 25.02%, and the NASDAQ climbing 29.57% (including dividends).

The discussion focuses on the impact of Federal Reserve Chair Jay Powell’s policies, particularly the increase in bond yields, which saw the 10-year Treasury rise from 3.87% to 4.58% over the year. The guys highlight the uneven performance within the bond market, where shorter-duration bonds outperformed their longer-duration counterparts. Target-date funds and longer-maturity bonds faced a tough fourth quarter due to rising interest rates but still managed solid annual returns. While the Fed’s December actions tempered the year-end rally, the guys emphasize the strong returns for diversified portfolios in 2024 and tease predictions for 2025 in an upcoming episode.

The Impact of Rising Bond Yields

Rising bond yields in 2024 had a significant impact on the financial markets, with the 10-year Treasury yield increasing by 71 basis points, from 3.87% to 4.58%. This shift, driven by the Federal Reserve’s monetary policy and persistent inflation concerns, created challenges for certain segments of the bond market. Short-term and intermediate-term bonds performed relatively well, but longer-duration bonds and funds, such as target-date portfolios, experienced negative returns in the fourth quarter due to their sensitivity to rising rates. Overall, the bond market delivered modest annual returns, with the Bloomberg Aggregate Index gaining just 1.25%, underscoring the importance of managing duration in a rising yield environment.

In the second hour, the Money Wise guys discuss Equity Inxex Annuities. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

The Powell That Stole Christmas, Predicted Volatility, & What Wall Street Won’t Tell You

Sat, 21 Dec 2024 17:00:03 -0000

In this week’s episode, the Wise Money guys review a turbulent week on Wall Street, with the Dow Jones falling 988 points (-2.3%), the S&P 500 declining 120 points (-2%), and the NASDAQ dropping 354 points (-1.8%). Despite the weekly losses, year-to-date gains remain strong, with the Dow up 13.7%, the S&P 500 up 24.3%, and the NASDAQ up 30.4%. The team reflects on the market's reaction to the Federal Reserve’s latest meeting, drawing comparisons to 2018’s December volatility. With the Fed signaling fewer rate cuts than anticipated for 2025, the markets responded with a knee-jerk decline, raising questions about clarity and consistency in messaging.

The discussion highlights the challenges of interpreting Fed communications, as markets grapple with the transition back to "data dependency" and uncertainty surrounding future policy decisions. The guys explore the S&P 500’s dip below its 50-day moving average midweek and its recovery to that level by Friday, analyzing whether this correction presents a buying opportunity. They also dive into the implications of inflation’s persistence and the broader economic outlook as investors prepare for 2024.

Predicted Volatility

The predicted volatility in the markets stems from uncertainty surrounding Federal Reserve policy, particularly the pace and extent of interest rate cuts in 2025. The Fed's recent shift back to a "data-dependent" approach and mixed messaging have created confusion among investors, leading to sharp market reactions. This uncertainty is further compounded by inflation’s persistence, despite rate hikes, and broader economic concerns like wage growth, housing affordability, and geopolitical factors. As the market adjusts to these evolving dynamics, investors should brace for more fluctuations in the months ahead.

A Sideways Moving Market, The Santa Claus Rally, & RIA vs. Broker

Sat, 14 Dec 2024 17:00:29 -0000

In this week’s episode, the Money Wise guys dive into Wall Street’s recent performance, highlighting the Dow’s 1.8% drop, the S&P 500’s modest 0.6% decline, and the NASDAQ’s 0.3% gain. Year-to-date, the Dow remains up 16.3%, the S&P 500 has climbed 26.9%, and the NASDAQ continues to lead with a 32.7% increase. The discussion shifts to the recent seven-day losing streak for the Dow—something not seen since 2020—and explores how technical indicators show markets moving sideways since early December. Historically, the second full week of December has shown similar flat or negative trends, even during a strong secular bull market.

The guys also delve into inflation, dissecting the latest Consumer Price Index (CPI) and Producer Price Index (PPI) reports. While inflation remains relatively sticky, with both measures ticking slightly higher, they explore key factors such as rising wages, which continue to outpace inflation-adjusted earnings for many workers. Housing inflation remains a significant contributor, with mortgage rates hovering above 6.5%, and the guys explain why rates need to dip closer to 6% to see substantial relief in the real estate market. Looking ahead, the group anticipates the Federal Reserve’s next move and examines the potential tone for 2025. While markets initially expected aggressive rate cuts next year, expectations have tempered, signaling caution and limited reductions as the Fed remains data-dependent. To close, the conversation touches on broader economic and political dynamics, including the potential for a “Santa Claus rally” post-Christmas and the implications of upcoming policies as the nation approaches a new president.

The 'Santa Claus Rally'

The Santa Claus Rally refers to the tendency for the stock market to experience a rise during the final trading days of December and the first few days of January. This seasonal phenomenon is often attributed to a combination of factors, including year-end tax strategies, holiday optimism, increased retail investor activity, and institutional investors closing their books for the year. While not guaranteed, the rally has historically been seen as a positive signal for market sentiment heading into the new year, providing investors with a boost of confidence during the holiday season.

Dow’s November Surge, The Trump Bump Continues & The Best Investment Advice Ever

Sat, 07 Dec 2024 17:00:22 -0000

In this week’s episode, the Money Wise guys reflect on Wall Street’s recent performance, highlighting the Dow’s 0.6% drop last week, alongside gains of 1% in the S&P 500 and 3.3% in the NASDAQ. Year-to-date, the Dow is up 18.4%, the S&P 500 is up 27.7%, and the NASDAQ has climbed 32.3%. They discuss November's strong numbers, with the Dow rising 7.5%, the S&P gaining nearly 5.75%, and the NASDAQ up over 6%, driven by what they call the “Trump bump.” As they analyze the ongoing bull market that began in October 2022, the discussion shifts to expectations for a potential "Santa Claus rally" to close the year. The conversation also explores market reactions to Trump’s policies, including tariffs and economic strategies, alongside the bond market's response to shifts in interest rates. The team debates the implications of Trump’s negotiating tactics, which they believe are driving geopolitical and economic adjustments before his inauguration.

The Trump Bump

The "Trump bump" refers to the stock market rally often attributed to the economic optimism and pro-business policies associated with Donald Trump, particularly during and after his election victories. This phenomenon is driven by expectations of corporate tax cuts, deregulation, and infrastructure spending, which investors believe will boost earnings and economic growth. The term captures the market's initial surge following Trump's election in 2016 and, more recently, renewed gains linked to his anticipated policy actions in a second term. It reflects market sentiment responding to his influence on fiscal and trade policies, often seen as favorable to business and investment.

Nvidia Joins the Dow, What’s Fueling the Bull Market & Warnings About Equity Index Annuities

Sat, 23 Nov 2024 17:00:26 -0000

Nvidia Joins the Dow, Market Fuel & Equity Index Annuities

In this week’s episode, the Money Wise guys discuss Nvidia’s addition to the Dow, what will continue to fuel the current bull market, and last week’s numbers from Wall Street. The Dow was up 2.0%, the S&P 500 was up 1.7%, and the NASDAQ was up 1.7%. YTD the Dow is up 17.5%, the S&P 500 is up 25.1%, and the NASDAQ is up 26.6%. The guys begin the show by discussing Nvidia’s (NVDA) recent addition to the Dow and how it is likely to help keep the Dow more in line with the other major indexes. Nvidia earnings also came out last week, and the Money Wise guys discuss what happens if the company can’t fulfill demand in the way the market expects. They dig further into Nvidia’s performance in recent years, discussing how you’d likely have to go back to the dot-com era to find another company that has gone this far this fast - and after being completely unloved by Wall Street before the AI boom, too. The guys also discuss trends in market breadth and what will continue to fuel the bull market.

Nvidia Joins the Dow - Why It Matters

In this episode, the Money Wise guys spend time discussing how the Dow has differed historically from the other major indexes. They discuss the differences in an index being price-weighted, like the Dow, and market-cap weighted, like the S&P. They also share why the addition of Nvidia should make the Dow more competitive with the other major indexes. For more on Nvidia replacing Intel in the Dow, check out resources here and here.

In the second hour, the Money Wise guys pull back the curtain to share What Wall Street Won’t Tell You. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Pullback After the ‘Trump Bump’, Fed Chatter & What Wall Street Won’t Tell You

Sat, 16 Nov 2024 17:00:35 -0000

Coming Off the Trump Bump Sugar-High, Fed Chatter & A Market Pullback

In this week’s episode, the Money Wise guys discuss a market pullback as we come down from the “Trump Bump”, what the Fed is saying about interest rates, and the animal spirits of capitalism. First, let’s look at last week’s numbers from Wall Street, which saw the Dow down 1.2%, the S&P 500 down 2.1%, and the NASDAQ down 3.1%. YTD we’re still in the black, with the Dow up 15.3%, the S&P up 23.1%, and the NASDAQ up 24.4%. Was it an attack of the Fed last week? The Money Wise guys discuss how remarks from a current and former Fed Governor impacted the markets last week, as well as why it’s not surprising to have a market pullback as investors come down from the post-election sugar high. They also discuss the wisdom of using a market pullback as a buying opportunity, even at high valuations. We saw some market-friendly numbers released last week with regard to inflation, and the Money Wise guys also discuss what we might expect in 2025, though much is still speculation.

What is a Market Pullback?

Let’s review the basics of a market pullback since we experienced one last week. A market pullback refers to a brief decline or pause in a generally upward market trend. Investors who are confident the pullback will be brief may use it as a buying opportunity, as the Money Wise guys discuss in this episode. To learn more about what a market pullback means, check out this resource. In the second hour, the Money Wise guys pull back the curtain to share What Wall Street Won’t Tell You. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Conviction Buying, Market Spikes, & RIA vs. Broker

Sat, 09 Nov 2024 17:00:36 -0000

Rare Conviction Buying, Spiking Indices, and Historic Gains Post-Election

In this week’s episode, the Money Wise guys discuss how the markets reacted to the presidential election, including conviction buys, historic spikes, and a level of volume rarelyt seen. First, let’s review the numbers from Wall Street. Last week, the Dow was up 4.6%, the S&P 500 was up 4.7%, and the NASDAQ was up 5.7%. YTD the Dow is up 16.7%, the S&P is up 25.7%, and the NASDAQ is up 28.5%. The Money Wise guys are feeling giddy this week, and and the market seems to feel the same. All three major indices are at all-time highs, and it was the best week for the Dow and S&P in four years. In fact, the day after the election gave us the biggest gains the Dow has seen post-election since 1896 and largest post-election gains for the S&P and the NASDAQ in history. The guys parse through the numbers, discuss the opportunity cost faced by those who chose to sit on the sidelines before the election, and what we saw as far as conviction buying and short covering. For more on what the markets usually look like post-election, check out this resource from The Street.

Conviction Buying: A Rare Occurrence

Since the Money Wise guys mention conviction buying in this episode, let’s dig into what this phenomenon is. Conviction buying is when an investor - in this case many - feels absolutely convinced that they have properly analyzed what a stock or stock index will do, as well as being absolutely convinced that they will make an outstanding gain. In this case, conviction buying refers to all those investors who were hedging their bets prior to the election and have now decided to buy in.

In the second hour, the Money Wise guys share important differences in an RIA vs. Broker discussion. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

The Numbers Don’t Lie, Political Talk & Equity Index Annuities

Sat, 02 Nov 2024 16:00:29 -0000

The Numbers Don’t Lie on Rising Consumer Costs & Political Talk Ahead of the Election

In this week’s episode of Money Wise, the Money Wise guys discuss economic statistics, rising consumer costs, and why so many investors aren’t ready to deploy capital until after the election. First, let’s begin with a look at last week’s numbers from Wall Street. The Dow was down 0.1%, the S&P 500 was down 1.4%, and the NASDAQ was down 1.5%. YTD all three indices remain in the black, with the Dow up 11.6%, the S&P 500 up 20.1%, and the NASDAQ up 21.5%. October showed a fairly flat month across the board, which may have to do with so many investors waiting to see how the elections will pan out before deploying additional capital. The guys also discuss the recent Microsoft hit, why we saw significant selling last week, and where the sales volume falls in relation to the daily moving average. Last week was also chock-full of economic stats, including the PCE Index. The Money Wise guys discuss the impacts of inflation and how so much in the consumers’ “basket of goods” has gotten more expensive.

Rising Consumer Costs: By The Numbers

The Money Wise guys mention the PCE Price Index in this episode in relation to rising consumer costs. This index measures inflation by tracking the cost of living for households, and it is the Federal Reserve’s preferred measure of prices in the U.S. The Money Wise guys discuss why rising consumer costs may be the reason we are seeing higher than normal early voting, as more voters cast their ballots with their pocketbooks in mind. For more on the PCE Index and rising consumer costs, check out this resource.

In the second hour, the Money Wise guys share important warnings about Equity Index Annuities. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

A Market Cha-Cha, Technical Charts & The Best Investment Advice Ever

Sat, 26 Oct 2024 16:00:44 -0000

A Market Cha-Cha Pattern, S&P 500 Technical Charts, and Investment Advice

The Money Wise guys are back in the studio for another engaging episode of real-talk about the markets, including the S&P 500 technical chart. Last week was a mixed bag, as the Dow was down 2.7%, the S&P 500 was down 1.0%, and the NASDAQ was up 0.2%. YTD the Dow remains up 11.7%, the S&P remains up 21.8%, and the NASDAQ remains up a whopping 23.4%. It’s still earnings season, with several Magnificent 7 names coming out next week. Looking at the S&P 500 technical chart, we appear to be dancing a market cha cha, with a pattern of two steps forward and three steps back, and a volume consistently below the daily moving average. The Money Wise guys explain that it’s likely due to the impending presidential election, with many circling the field and waiting to see what happens.

More About the S&P 500 Technical Chart

We’ve focused much on investor education in the past few episodes, and this is no exception. Let’s dig into what the S&P 500 technical chart is, and what it means for market analysis. The S&P 500 is a highly influential measure of overall market health. The technical chart is a real-time gauge for a selected timeframe, and it’s based on the most popular technical indicators, such as moving averages, oscillators, and pivots. For more on the S&P 500 technical chart, check out this resource.

Why You Can’t Let Politics Drive Your Strategy, Market Seasonality & 10 Myths of Retirement Planning

Sat, 19 Oct 2024 16:00:46 -0000

Market Seasonality, Political Gridlock, and 10 Myths of Retirement Planning

The Money Wise Guys are back with another look at last week’s numbers from Wall Street, along with a discussion about market seasonality and the interplay between politics and investing. Last week, the Dow was up 1.0%, the S&P 500 was up 0.9%, and the NASDAQ was up 0.8%. YTD the Dow is up 14.8%, the S&P is up 23.0%, and the NASDAQ is up 23.2% - though it still hasn’t reached its all-time high from July. In this episode, the Money Wise guys discuss the potential consequences of one of the most important presidential elections of our lives, as well as why they don’t recommend making investment decisions based on politics. Some investors are feeling reluctant to make decisions until the election is over, but it’s a mistake to sit on your hands because the most important thing is to keep participating in the market. The guys also discuss why the markets like congressional gridlock and why we shouldn’t fear an end to capitalism as we know it - no matter who wins the White House. The Money Wise guys also continue to discuss market seasonality and why the second half of October could prove volatile.

Understanding Market Seasonality in October

We all know the market fluctuates, and there are some periods of time each year when those fluctuations become more pronounced. The Money Wise guys mention market seasonality in October in this episode because, while the month often provides a rally after a tough August and September, this year might be different. Market seasonality in October may deviate from historic trends this year. You can read more about what to expect from market seasonality in October in this illuminating MarketWatch article. Check out this resource for more on seasonality trends.

In the second hour, the Money Wise guys share the 10 Myths of Retirement Planning. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Market Breadth, Yield Curves & A Retirement Readiness Quiz

Sat, 12 Oct 2024 16:00:19 -0000

Market Breadth, Yield Curves & A Slow Start to October

The Money Wise guys are back with a new episode this week, starting with a review of last week’s numbers from Wall Street. The Dow was up 1.2%, the S&P 500 was up 1.1%, and the NASDAQ was up 1.1%. YTD the Dow is up 13.7%, the S&P is up 21.9%, and the NASDAQ is up 22.2%. Though it was the Dow that had the biggest Q3, we’re seeing the NASDAQ pull away these last few weeks. The Magnificent 7 wasn’t getting quite as much love in Q3, and the Money Wise guys are pleased to see market performance starting to broaden out. They share an eye-opening stat on market breadth: more than 400 stocks in the S&P 500 boast prices above their 200-day moving averages. October had a negative start, possibly because of the yield curve in late Q2 in anticipation of Fed rate cuts, and the guys discuss what that means.

What Is a Yield Curve?

Since we don’t like to use jargon without fully explaining, let’s dig into some yield curve basics. A yield curve is a line that plots the yields or interest rates of bonds that have equal credit quality but different maturity dates. The slope of a yield curve predicts the direction of interest rates and the economic expansion or contraction that could result. Check out a few yield curve scenarios - and what they could mean - here.

In the second hour, the Money Wise guys share a helpful ‘Are You Ready for Retirement?’ quiz. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

A September to Remember, Real Talk on Current Market Valuations & 401(k) Rollovers

Sat, 28 Sep 2024 16:00:42 -0000

Market Valuations Deep Dive, Extrapolating the Stats, and Prudence in September

This week’s show kicks off with a rapid-fire review of last week’s numbers from Wall Street so let’s jump right in. The Dow was up 0.6%, the S&P 500 was up 0.6%, and the NASDAQ - which has outperformed both the Dow and the S&P this quarter - was up 1.0%. YTD we see the Dow up 12.3%, the S&P 500 up 20.3%, and the NASDAQ up 20.7%. It’s been a September to remember, since this time of year doesn’t typically give us a positive month, especially for the Dow. The Money Wise guys admit their surprise and discuss which Fed moves may be helping the markets. Will this rally last in the long term? We simply don’t know yet. However, we seem to be at very high valuations these days, and the Money Wise guys practiced prudence in the month of September.

We’re at High Market Valuations, Folks (Or Are We?)

Let’s discuss the market valuations aspect of what we’ve been seeing. We’ve been running above the 5- and 10-year averages from a historic perspective, and being overvalued can make many investors nervous. However, let’s dig into current market valuations a bit deeper. Extrapolating the statistics and removing the Magnificent 7 from the market-cap weighted S&P 500, we see that the market is nowhere near overvalued. In fact, market valuations are below the 5- and 10-year averages. So, we continue to see how the Magnificent 7 is skewing the market valuations of the S&P when you look at valuation in totality.

In the second hour today, the Money Wise guys discuss 401(k) rollovers. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

The Dow Outperforms NASDAQ in Q3, We Get a 0.5% Interest Rate Cut & RIA vs. Broker

Sat, 21 Sep 2024 16:00:34 -0000

To kick off this week’s episode, the Money Wise guys report strong market performance for the past week, with the Dow Jones Industrial Average up 670 points (1.6%), the S&P 500 up 77 points (1.4%), and the NASDAQ rising by 264 points (1.5%). Year-to-date, both the S&P 500 and NASDAQ are up 19.6%, with the Dow up 11.6%. They discuss how, with only six trading days left in the third quarter, the Dow has outperformed the NASDAQ, signaling a shift away from tech stocks toward broader market participation. The Money Wise guys also focus on the Federal Reserve's unexpected decision to cut interest rates by 0.5% instead of the anticipated 0.25%. They admit they were surprised by the larger cut, noting it felt like the Fed was correcting a missed opportunity from July. They express concerns about the optics of the Fed’s move so close to the election, potentially undermining its bipartisan image. The Money Wise guys also speculate that no further rate cuts would likely occur until after the presidential election, despite strong market reactions following the rate cut. Additionally, they note similarities between the Fed’s action and the European Central Bank's earlier rate cut of 0.5%, drawing parallels between the two institutions.

The Dow Outperforms NASDAQ in Q3

This quarter, the Dow outperformed the NASDAQ, with the Dow up 7.5% compared to the NASDAQ's modest 1.2% gain. This shift in performance is significant because it signals a broader market rally, moving away from the tech-heavy focus that has dominated the NASDAQ in recent years. Investors appear to be rotating out of high-growth tech stocks and into more stable, blue-chip companies that make up the Dow, which suggests a healthier, more diversified market environment. This shift indicates that investors are seeking more balanced opportunities, reducing reliance on a few dominant tech companies, and positioning portfolios to benefit from a wider range of sectors.

In the second hour today, the Money Wise guys discuss RIA vs. Broker. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

The NASDAQ Corrects Itself, Federal Reserve’s Upcoming Interest Rate Cut, & 401(K) Rollovers

Sat, 14 Sep 2024 16:00:37 -0000

After a week off the Money Wise guys are back in the studio kicking things off with a recap of last week’s numbers. The Dow Jones Industrial Average rose by 1,048 points (2.6%), the S&P 500 gained 218 points (4%), and the NASDAQ surged by 993 points (6%). Year-to-date, the Dow is up 9.8%, the S&P 500 is up 18%, and the NASDAQ is up 17.8%. The guys note that this strong rally came after a period of market correction, particularly in the NASDAQ. Despite September historically being a volatile month, this past week saw a significant rebound, with the NASDAQ posting its best week of the year.

The Money Wise guys discuss recent economic data, such as the Consumer Price Index (CPI) and Producer Price Index (PPI), both of which came in line with expectations. They also highlight positive retail numbers and a dip in unemployment. Additionally, there was debate around the Federal Reserve's expected interest rate cut next week, with some market professionals suggesting a 0.5% cut instead of the anticipated 0.25%. The Money Wise guys generally agree that a 0.25% cut would be more prudent, given that inflation is cooling and the economy is still showing signs of strength. They also point out that the S&P 500 is nearing a crucial technical level and needs to break through and close above 5,670 to maintain its upward momentum.

Federal Reserve’s Upcoming Interet Rate Cut

The Federal Reserve is expected to implement its first interest rate cut in a significant period, with speculation around whether the reduction will be 0.25% or a more aggressive 0.5%. Most analysts and market professionals are anticipating a 0.25% cut, as recent economic data, including positive retail numbers and cooling inflation, suggest the economy remains relatively stable. A 0.25% cut is seen as a cautious and measured approach, aimed at supporting continued growth without overstimulating the market. However, some market professionals have argued for a 0.5% cut, believing a larger reduction would more effectively boost economic activity. The Money Wise guys express concerns that a larger cut could signal too much concern about the economy and might trigger an adverse reaction from the market.

In the second hour today, the Money Wise guys discuss 401(k) Rollovers. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Market Divergence, NVIDIA, & 5 Things Every Retirement Portfolio Should Have

Sat, 31 Aug 2024 16:00:36 -0000

The Money Wise guys are back after a long weekend kicking off the show with a report of last week’s market numbers. They report that the Dow Jones Industrial Average gained 388 points (0.9%), the S&P 500 rose by 14 points (0.2%), and the NASDAQ dropped 164 points (0.9%). Year-to-date, the Dow is up 10.3%, the S&P 500 is up 18.4%, and the NASDAQ is up 18%. The Money Wise guys discuss the strong performance of the Dow, which closed at an all-time high on Friday, compared to the NASDAQ's slower recovery, with the NASDAQ still over 5% away from its all-time high. They point out a divergence in performance, with the Dow outperforming the NASDAQ by 6% quarter-to-date, indicating a shift in investor interest away from the top-performing tech stocks that have dominated the NASDAQ.

The Money Wise guys also review NVIDIA’s recent earnings report, noting that despite solid revenue growth of over 100% year-over-year, the stock didn't generate much excitement in the market. They suggest that Wall Street's expectations for the company might be overly high and emphasize that NVIDIA’s fundamentals remain strong. Additionally, they highlight the narrowing performance gap between the market cap-weighted S&P 500 and the equally weighted S&P 500 index, indicating a healthier, more balanced market. They also reiterate the importance of diversification, advising listeners to keep no more than 5% of their investable net worth in any single stock, including NVIDIA.

Market Divergence

This week the guys discuss the growing market divergence between the Dow and NASDAQ, noting the Dow’s strong performance, including reaching an all-time high, while the NASDAQ has struggled to recover and remains over 5% below its peak. This widening gap suggests a shift in investor sentiment away from tech-heavy stocks, which have led the market in recent years, toward more traditional, blue-chip companies that dominate the Dow. For investors, this could signal a broader market rally and a healthier, more diversified investment environment. It highlights the importance of balancing portfolios, as relying heavily on tech stocks could expose investors to increased risk if the NASDAQ continues to underperform.

In the second hour today, the Money Wise guys discuss the 5 Things Every Retirement Portfolio Should Have. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Falling Interest Rates and the Housing Market, A Soft Landing for the Economy & Retiree Spending Rules

Sat, 24 Aug 2024 16:00:08 -0000

In this week's episode of Money Wise, the show kicks off with a review of last week’s numbers out of Wall Street. The Dow Jones Industrial Average rose by 515 points (1.3%), the S&P 500 gained 80 points (1.4%), and the NASDAQ climbed 246 points (1.4%). Year-to-date, the Dow is up 9.2%, the S&P 500 is up 18.1%, and the NASDAQ is up 19.1%. The Money Wise guys discuss the anticipated interest rate cuts by the Federal Reserve, with Chair Jerome Powell signaling a potential 0.25% reduction at the Jackson Hole symposium, which boosted market confidence. They noted that the market tends to rally when there is clarity, and Powell’s dovish tone provided much-needed certainty.

The Money Wise guys also talk about how falling interest rates could impact the housing market, with mortgage rates starting to come down. However, they emphasize that while the first rate cut might signal improvement, the real estate market likely won’t see a surge in activity immediately due to seasonality and uncertainty surrounding the upcoming presidential election. They also highlight that, historically, fall and winter are slower periods for home sales, and many potential buyers and sellers may wait for further rate cuts before making decisions. The Money Wise guys then move on to a discussion of the Federal Reserve’s success in potentially guiding the economy toward a "soft landing," although revisions in past employment data raised some doubts about the strength of the recovery.

Falling Interest Rates and the Housing Market

Falling interest rates can have a significant impact on the housing market by making borrowing more affordable for homebuyers. As mortgage rates decrease, monthly payments become lower, which can make homes more accessible to a broader range of buyers. This often leads to an increase in demand for homes and can stimulate the housing market. However, the effect might not be immediate, especially during slower seasons like fall and winter, when fewer people are looking to buy or sell. Additionally, uncertainty around factors like upcoming elections may cause some buyers and sellers to wait for more stability before entering the market.

In the second hour today, the Money Wise guys share the key Retiree Spending Rules you should be following. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

The Volatility Index, Federal Reserve Policy Outlook, & Equity Index Annuities

Sun, 18 Aug 2024 16:00:36 -0000

As they kick off every week of Money Wise, the guys begin this week’s episode with a recap of a strong week for the markets, with the Dow Jones Industrial Average gaining 1,162 points (2.9%), the S&P 500 rising by 210 points (3.9%), and the NASDAQ up 886 points (5.3%). Year-to-date, the Dow is up 7.9%, the S&P 500 is up 16.4%, and the NASDAQ is up 17.5%. The Money Wise guys discuss how the market has made a complete recovery from the downturn that started in early August, with market sentiment quickly shifting from fear of a hard landing to optimism about a soft landing for the economy. The volatility index (VIX), which measures fear in the market, had spiked dramatically but has since calmed down as economic data improved.

The conversation continues on to highlight several key turning points, including better-than-expected initial jobless claims and positive inflation data, particularly with the Consumer Price Index (CPI) showing the lowest year-over-year inflation in three years. The hosts believe that this improvement in economic indicators, along with more favorable Producer Price Index (PPI) numbers, helps alleviate fears of a recession or hard landing. The Money Wise guys also discuss how the Federal Reserve is now expected to implement a more modest interest rate cut, possibly 0.25%, rather than the more drastic cuts previously speculated. Overall, they comment that the market's response to the improved data has been positive, driving the strong performance seen throughout the past week.

The Volatility Index

The Volatility Index, commonly referred to as the VIX, is a key measure of market sentiment that tracks expected market volatility over the next 30 days. Often called the "fear gauge," it rises when investors anticipate higher risk or uncertainty and falls when confidence in the market is stronger. Right now, the VIX is particularly pertinent because recent spikes reflected heightened fear of a potential economic downturn or market correction. However, as economic data has improved, such as better-than-expected jobless claims and easing inflation, the VIX has calmed down, signaling a more optimistic outlook among investors. This reduction in fear has contributed to the recent market rebound.

In the second hour today, the Money Wise guys discuss Equity Index Annuities. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Market Seasonality, Leaving Politics Out of It, & The Best Investment Advice Ever

Sat, 10 Aug 2024 16:00:22 -0000

In this week's episode of Money Wise, we kick off with a recap of the market's performance, noting that the Dow Jones Industrial Average fell by 240 points (0.6%), the S&P 500 remained nearly flat with a slight decline of two points, and the NASDAQ was down 31 points (0.2%). Despite the relatively modest changes for the week, the Money Wise guys discuss the dramatic market movement on Monday, which saw the Dow drop as much as 1,200 points in a short period before partially recovering. This sharp decline, the worst since 2022, set the tone for the week and prompted a broader discussion on market seasonality and the long-overdue corrective move that the hosts had been anticipating.

The conversation takes a critical turn when the Money Wise guys express frustration with the media's coverage of the market downturn, particularly conservative outlets like Fox News. They argue that the media incorrectly attributed the market's decline to political factors, specifically blaming President Biden and Vice President Harris, when in reality, the sell-off had nothing to do with politics. Instead, the Money Wise guys emphasize that the market's reaction was part of a natural corrective process, unrelated to any fundamental changes in the companies within the broader stock market. They stress the importance of educating investors about the real causes of market movements, rather than stirring up emotions with political rhetoric, and use this week to delve deeper into the actual reasons behind the market's behavior.

Market Seasonality

Market seasonality refers to the predictable patterns and trends that occur at certain times of the year, often influenced by historical data, economic cycles, and investor behavior. Currently, market seasonality is at play as we enter a period typically characterized by increased volatility and potential corrections. Historically, the late summer months, particularly August and September, tend to be weaker for the stock market, as investors reassess their portfolios and respond to economic data and earnings reports. This seasonal effect is contributing to the recent market fluctuations and the anticipated corrective move that has been unfolding in recent weeks. Understanding these patterns can help investors navigate the market with greater awareness and preparedness.

In the second hour today, the Money Wise guys share The Best Investment Advice Ever. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Earnings Reports, Federal Reserve Announcements, & The 10 Myths of Retirement Planning

Sat, 03 Aug 2024 16:00:35 -0000

In this week's episode of Money Wise, the Money Wise guys begin with a review of the latest market performance, noting that the Dow Jones Industrial Average fell by 852 points (2.1%), the S&P 500 dropped by 113 points (2.1%), and the NASDAQ decreased by 582 points (3.4%). Despite these declines, the year-to-date figures remain positive, with the Dow up 5.4%, the S&P 500 up 12.1%, and the NASDAQ up 11.8%. The guys reflect on their recent warnings about a potential market correction, which seemed to materialize last week, particularly with significant sell-offs on Thursday and Friday. The sentiment in the market had been positive mid-week following a Federal Reserve announcement, with optimism about a potential rate cut in September. However, by the end of the week, concerns about the Fed's clarity and economic health reversed this optimism, leading to the sharp declines.

The discussion also focuses on the impact of recent earnings reports from major tech companies, highlighting the volatility these announcements can trigger. For instance, while Apple saw a slight increase after its earnings report, Microsoft and Intel experienced substantial declines, with Intel's stock dropping dramatically by 25-30% on Friday. The Money Wise guys debate whether this pullback signals a larger market downturn or simply a temporary pause, with one suggesting it is a "pause that refreshes," akin to a necessary rest while climbing a mountain. They also emphasize the importance of such corrections in maintaining a healthy bull market.

Earnings Reports and Market Volatility

Earnings reports can significantly impact the stock market as they provide key insights into a company's financial health and future prospects. Released quarterly, these reports include crucial information such as revenues, profits, and earnings per share (EPS). When a company surpasses analysts' expectations, its stock price typically rises as investor confidence grows. Conversely, if the company falls short, its stock price may decline due to disappointment and uncertainty. Positive earnings can boost overall market sentiment, leading to increased buying activity across the market, while negative reports can have the opposite effect, contributing to market volatility. Additionally, forward guidance provided in these reports shapes investor expectations about the company's future performance, further influencing stock prices and market dynamics.

In the second hour today, the Money Wise guys discuss the 10 Retirement Myths. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

The Impact of Tech Earnings and Algorithmic Trading, Chat GPT, & The ‘Are You Ready for Retirement’ Quiz

Sat, 27 Jul 2024 16:00:50 -0000

In this week's episode of Money Wise, the show kicks off with a review of the latest market numbers, noting that the Dow Jones Industrial Average increased by 302 points (0.7%), while the S&P 500 decreased by 46 points (0.8%) and the NASDAQ dropped by 369 points (2.1%). Year-to-date, the Dow is up 7.7%, the S&P 500 is up 14.5%, and the NASDAQ is up 15.6%. The Money Wise guys discuss the market's volatility, particularly highlighting the NASDAQ's worst day since 2022, followed by a significant rebound on Friday. They also mention the strong performance of the Russell 2000, which rose by 3.5% for the week, indicating a rotation out of high-flying tech stocks into smaller-cap stocks.

The conversation continues to cover several topics, including the reaction to Google's earnings report and the impact of ChatGPT's beta test of a search engine on market dynamics. The Money Wise guys emphasize the ongoing issue of market adjustments due to tech stocks being "priced for perfection" and how algorithmic trading responds to any negative news or guidance adjustments. They also express their frustration with the heavy reliance on computer trading over human judgment, particularly regarding how forward guidance is handled during earnings seasons.

The Impact of Tech Earnings and Algorithmic Trading

In their discussion on the significant impact of tech earnings and algorithmic trading on market dynamics, the Money Wise guys highlight how Google's satisfactory earnings report still triggered a sell-off due to high market expectations and valuations. This reflects a broader trend where tech stocks, often "priced for perfection," face sharp declines if they fail to meet lofty expectations. The guys explained that algorithmic trading, driven by complex computer programs, reacts swiftly and significantly to news and earnings reports, often exacerbating market volatility. They expressed frustration with the dominance of computer-driven trading, which lacks the nuanced understanding of human traders and tends to punish conservative forward guidance from CEOs managing uncertainties. This discussion underscores the challenges tech companies face in maintaining market confidence and the influential role of algorithmic trading in market movements.

In the second hour today, the Money Wise guys share their ‘Are You Ready for Retirement’ quiz. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Market Seasonality, Tech Stock Concentration, & RIA vs Broker

Sat, 20 Jul 2024 16:00:59 -0000

In this week's episode of Money Wise, Jeff kicks off the episode by providing a detailed market performance summary. The Dow Jones Industrial Average rose by 287 points (0.7%), while the S&P 500 dropped by 110 points (2%) and the NASDAQ fell by 672 points (3.6%). Year-to-date, the Dow is up 6.9%, the S&P 500 has increased by 15.4%, and the NASDAQ is up 18.1%. The Money Wise guys discussed their cautious outlook due to recent significant run-ups, advising listeners to use a dollar-cost averaging strategy, particularly during historically weaker months like August and September. The market's downturn later in the week was attributed to negative comments from President Biden and former President Trump regarding trade with China and Taiwan.

The conversation also highlights the dominance of a limited number of tech stocks driving much of the market's performance, such as NVIDIA, up 144.5% for the year, and other high performers like Netflix and Broadcom. The guys expressed skepticism about the sustainability of this narrow leadership, suggesting a broader market correction might be imminent. They noted early signs of market rotation, with money moving from large-cap tech stocks into small and mid-cap stocks, potentially broadening the market's performance base. This rotation could help sustain the bull market, provided it continues.

Market Seasonality

Market seasonality refers to the predictable patterns and trends that occur at specific times of the year in the stock market. These patterns are often influenced by historical data, economic cycles, and investor behaviors. For example, the months of August and September are historically weaker periods for market performance, often experiencing lower returns or increased volatility. Understanding market seasonality is important because it helps investors anticipate potential market fluctuations and adjust their strategies accordingly. By recognizing these seasonal trends, investors can make more informed decisions about when to enter or exit positions, manage risk, and optimize their portfolios for better long-term performance.

In the second hour today, the Money Wise guys give their take on the RIA vs Broker debate. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Tech Dominance Continues, Small Cap Surges, & Investor Psychology

Sat, 13 Jul 2024 16:00:07 -0000

The Money Wise guys are back in the studio after a break and as always, they start with an an overview of Wall Street’s performance. The Dow Jones Industrial Average saw an increase of 645 points, or 1.6%, while the S&P 500 was up by 48 points, or 0.9%. The NASDAQ also experienced a rise, gaining 46 points, or 0.2%. Year-to-date, the Dow Jones is up 6.1%, the S&P 500 has increased by 17.7%, and the NASDAQ has surged by 22.6%. During the week, significant market activity was observed, including intraday all-time highs for both the Dow Jones Industrial Average and the NASDAQ, although neither closed at those highs. The discussion pointed out the ongoing dominance of big-cap tech companies in driving market performance, with the NASDAQ up 22.6% by mid-July. The conversation also touched on Federal Reserve Chairman Powell’s recent testimony and a lighter Consumer Price Index report, which initially boosted market sentiment.

Interestingly, there was notable profit-taking in large-cap tech stocks, with the sale volume indicating computer program trading. This profit-taking benefitted smaller asset classes, like small caps and mid caps, leading to a significant day for diversified portfolios. One standout statistic was the performance differential on Thursday between the Russell 2000 (small cap index) and the NASDAQ, marking the largest such difference since 1986. However, there was no follow-through on Friday, with investments shifting back into large-cap leaders. The market cap-weighted S&P 500 outperformed its equally weighted counterpart, with the former up nearly 18% for the year compared to the latter's 7%. The Russell 2000, though improved, still lagged significantly behind, highlighting the ongoing performance gap.

AI’s Impact on the Markets, Q2 Reflections, & 5 Things Every Portfolio Should Have

Sat, 29 Jun 2024 16:00:20 -0000

The Money Wise guys are back in the studio and kicking off this week’s episode with an update on the financial markets for the week, year-to-date, and the second quarter of 2024. For the past week, the Dow Jones Industrial Average was down about 0.2%, the S&P 500 was up 0.1%, and the NASDAQ led the pack, rising 0.7%. Looking at the year-to-date performance, the Dow Jones Industrial Average is up 3.7%, the S&P 500 has increased by 14.7%, and the NASDAQ is up 18.7%. For the second quarter of 2024, the Dow Jones saw a decline of 1.73%, while the S&P 500 grew by 3.92%, and the NASDAQ once again led with an impressive 8.26% increase. The guys highlight the significant contribution of tech and AI-related stocks to the S&P 500's performance, noting that NVIDIA alone accounted for more than 30% of the S&P 500's return year-to-date. They also emphasize the importance of a balanced portfolio and mention that despite NVIDIA's 150% rise and Microsoft's 19.97% increase, Apple has lagged with a 10.6% gain.

The discussion moves on to the concentration of returns in a few key stocks, similar to the "magnificent seven" in 2023. This year, companies like Google, Amazon, Meta, NVIDIA, and Microsoft are driving returns, especially those involved in AI hardware. The Money Wise guys mention recent portfolio adjustments, including taking profits from AI hardware stocks like NVIDIA and Broadcom, and reallocating towards AI software companies such as Salesforce and ServiceNow, which have shown negative performance year-to-date, offering attractive valuations for long-term investments. As the market enters the second half of 2024, they question whether there will be a broader market participation beyond the few leading stocks, which have been trading below their moving averages.

AI’s Impact on the Markets

AI has significantly impacted the markets by driving substantial growth, particularly in the technology sector. Companies involved in AI development, such as NVIDIA, have seen remarkable stock price increases, contributing disproportionately to the overall market performance. This concentration of returns has made tech and AI stocks key drivers of major indexes like the S&P 500. As investors recognize the transformative potential of AI, both hardware and software companies in this space have attracted significant attention and investment, highlighting AI's critical role in shaping market trends and influencing investment strategies.

In the second hour today, the Money Wise guys share 5 Things Every Portfolio Should Have. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Tech Sector Dominance, Apple’s Resurgence, & Retiree Spending Rules

Sat, 15 Jun 2024 16:00:24 -0000

In this episode of Money Wise, the Money Wise guys discuss the market performance for the past week, highlighting a 250-point decline in the Dow Jones Industrial Average, offset by gains in the S&P 500, up 85 points, and the NASDAQ, up 556 points, driven largely by tech sector strength. They note the NASDAQ reached a new all-time high, fueled by outstanding earnings from tech giants like Nvidia and Broadcom. The episode also explores Apple's resurgence, boosted by innovative advancements and a new partnership with ChatGPT, despite Elon Musk's reservations. Overall, tech dominance and strategic investments characterize the current market landscape.

Tech Sector Dominance

During the episode, the dominance of the technology sector was prominently featured, with Nvidia standing out for its monumental post-split gains and strong earnings, driving the NASDAQ to all-time highs. Apple also regained momentum, rebounding from earlier declines with strategic innovations like its partnership with ChatGPT for AI integration in upcoming iPhone models, potentially revitalizing sales. These successes underscored tech's pivotal role in market performance, influencing investor sentiment and market dynamics amid broader economic uncertainties. The sector's resilience and innovation were highlighted as key factors shaping market optimism and investor behavior, reflecting ongoing confidence in tech's ability to drive growth and navigate sector rotations effectively.

In the second hour today, the Money Wise guys share Retiree Spending Rules. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Investor Sentiment, Market Participation, & Equity Index Annuities

Tue, 11 Jun 2024 19:36:17 -0000

The Money Wise guys kick off this newest episode with an update on the stock market's performance, highlighting a modest upward trend for the week. The Dow Jones Industrial Average saw an increase of about 113 points or 0.3%, the S&P 500 rose by approximately 69 points or 1.3%, and the NASDAQ gained around 398 points or 2.4%. Despite these gains, year-to-date figures show more substantial growth, with the Dow up by 2.9%, the S&P by 12.1%, and the NASDAQ by 14.1%. The discussion then shifts to market dynamics observed during the week, particularly focusing on the employment report and various economic data releases. The absence of Federal Reserve commentary, due to their quiet period, left the markets relatively undisturbed, allowing for some gains. The Money Wise guys delve into the erratic behavior observed in different industrial sectors, noting rapid shifts in investment focus from one sector to another on a daily basis, a phenomenon they attribute to trading rather than long-term investment strategy.

The episode also touches on the broader context of market participants, suggesting that while traders are actively shifting positions, serious long-term investors seem comfortable with their current allocations. This dynamic results in a market that appears to be waiting for a clearer direction, possibly influenced by future economic indicators or political events. The conversation concludes with a critical look at media coverage of market anomalies like GameStop, reflecting on the speculative nature of such coverage and its impact on investor behavior.

Investor Sentiment and Market Participation

A significant theme discussed was the current state of investor sentiment and market participation. The hosts observed that while the active traders are highly involved in these daily fluctuations, serious long-term investors are largely staying put with their existing allocations. This situation reflects a broader sentiment of waiting and watching, with many investors looking for more definitive signals—such as political resolutions or changes in monetary policy—before making substantial new commitments to the market.

Unpredictability in the Market, Unknown Factors, & The Best Investment Advice Ever

Sat, 01 Jun 2024 16:00:28 -0000

As always, we kick off this week’s episode with a review of the latest performance of major stock indices. The Dow Jones Industrial Average was down by 383 points or 1%, the S&P 500 slightly dipped by 27 points or about 0.5%, and the NASDAQ decreased by 186 points or 1.1%. Despite these weekly losses, the year-to-date figures remain positive, with the Dow up by 2.6%, the S&P 500 by 10.6%, and the NASDAQ by 11.5%. May concluded with notable gains for all indices compared to the losses in April, indicating a rebound with the NASDAQ leading the recovery. The Money Wise guys discuss the market's recent unpredictability, marked by rapid shifts without clear reasons, highlighted by the dramatic surge in buying on the last Friday of the month despite a generally downward trend. This surge occurred without significant news, leading to speculation about potential causes such as massive hedge fund rebalances or significant market entries from sidelined funds. The conversation also touched on the lack of impactful news from recent economic data releases, such as the Personal Consumption Expenditures (PCE) numbers, which aligned with expectations but did not significantly influence market movements until the last half-hour of trading on Friday. The guys speculate about the factors driving the sudden uptick in buying volume, which was the highest of the year, and considers the possibilities of what might be revealed the following Monday about these unusual market activities.

Unknown Factors Influencing the Markets

The sudden surge in the market, occurring without significant news, has led to widespread speculation about the underlying causes. Such unexpected movements often point to less visible, yet impactful factors like massive hedge fund rebalances or significant market entries from funds that had previously been on the sidelines. Hedge funds, managing large pools of capital, can cause substantial market shifts when they decide to rebalance their portfolios, especially if many funds make similar moves simultaneously due to changes in market outlook or risk assessments. Additionally, when large sums of money that had been withheld from the market are suddenly injected, this can also lead to significant fluctuations. These injections could come from institutional investors or retail holders who decide that the market conditions have become favorable enough to warrant re-entry. This confluence of hidden activities, often not immediately apparent to the average investor, underscores the complexity and unpredictable nature of financial markets.

Fluctuations in the Market, The Upcoming Personal Consumption Expenditures Index & The 10 Myths of Retirement Planning

Sat, 25 May 2024 16:00:55 -0000

In this week's episode of Money Wise, Jeff reports mixed performances among the major stock indices. The Dow Jones Industrial Average experienced a significant drop of 934 points, or 2.3%, while the NASDAQ gained 235 points, or 1.4%, and the S&P 500 remained nearly flat. Despite these fluctuations, year-to-date figures show the Dow up by 3.7%, with the NASDAQ and S&P 500 achieving increases of 12.7% and 11.2%, respectively. The conversation delves into factors impacting the market, particularly focusing on major companies like Boeing and McDonald's, which contributed to the Dow's downturn due to specific operational and profit challenges. Additionally, despite excellent earnings from Nvidia that boosted the NASDAQ, the broader market exhibits signs of consolidation and uncertainty, reflected in trading volumes below the average and a general lack of conviction among investors.

Discussion also touched on the Federal Reserve's recent sentiments from meeting minutes, suggesting a cautious approach to interest rate cuts due to insufficient evidence of sustained inflation deceleration. This "higher for longer" interest rate scenario is causing investors to remain on the sidelines, content with safer returns from money market funds despite notable gains in sectors like technology. Looking ahead, the Money Wise guys emphasized the importance of upcoming economic reports, particularly the Personal Consumption Expenditures (PCE) index, and speculated on the potential for a strong year-end market performance if May closes with significant gains, citing historical trends that suggest a high probability of continued upward movement.

Fluctuations in the Market

Market fluctuations are a common feature of the investing landscape, driven by myriad factors ranging from economic data and corporate earnings to geopolitical events and market sentiment. As an investor, It's important to remember that such volatility is part and parcel of the investment process and adopting a long-term perspective is key to navigating these ups and downs effectively. Reacting emotionally to short-term market movements can lead to rash decisions, potentially derailing well-thought-out investment strategies. Instead, try maintaining a focus on your long-term financial goals, adhering to a diversified investment plan, and adjusting your portfolios in alignment with systematic, thoughtful analysis rather than momentary fears or euphoria, as this usually yields better results. This approach helps both in weathering periodic market turbulence and capitalizing on the opportunities that volatility can offer.

In the second hour today, the Money Wise guys discuss the 10 Myths of Retirement Planning. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Economic Reports Impact on the Markets, A Cooling of Inflation, & Are You Ready for Retirement Quiz

Sat, 18 May 2024 16:00:25 -0000

In this week's episode, the Money Wise guys provide a positive update on the recent performance of major stock indices, with the Dow Jones Industrial Average up by 491 points or 1.2%, the S&P 500 increasing by 81 points or 1.5%, and the NASDAQ rising by 345 points or 2.1%. Year-to-date figures show substantial gains, with both the S&P 500 and NASDAQ up by 11.2%. They also delve into recent economic reports that have influenced market sentiment, particularly the Consumer Price Index (CPI) and Producer Price Index (PPI). The CPI for the month was reported to increase by 0.3%, which was below the expected 0.4%, signaling a slight cooling of inflation, a positive signal for the markets. This was further supported by a downward revision in the previous month's PPI, which also had a calming effect on the market's inflation concerns. These developments contributed to all three major indices reaching all-time highs during the week, with the Dow closing above 40,000 for the first time on Friday. Looking ahead, the Money Wise guys discuss the potential impact of upcoming earnings from major tech companies like Nvidia, emphasizing the importance of their financial results in sustaining market momentum. They noted that continued positive earnings, particularly from leading tech firms, could further bolster investor confidence and drive market performance as the year progresses.

The Cooling of Inflation

The cooling of inflation, as indicated by recent lower-than-expected Consumer Price Index (CPI) figures, is generally positive for the markets for several reasons. Firstly, it alleviates concerns about the rising cost of living and the potential for eroded consumer purchasing power, which can stifle economic growth. Lower inflation also reduces the pressure on the Federal Reserve to hike interest rates, which is favorable for investment prices as higher interest rates typically lead to lower stock valuations. Furthermore, with less inflationary pressure, businesses face lower input costs, potentially leading to improved profit margins. Overall, a cooling of inflation fosters a more stable financial environment, encouraging investment and contributing to the overall health of the stock market.

Friday’s Big Gains, The Future of Apple, & RIA vs. Broker

Sat, 04 May 2024 16:00:35 -0000

The Money Wise guys kick off the newest episode with an update on the recent performance of major stock indices. The Dow Jones Industrial Average saw an increase of 436 points or 1.1%, the S&P 500 was up by 28 points or 0.5%, and the NASDAQ experienced a rise of 228 points or 1.4%. Year-to-date figures show the Dow up by 2.6%, the S&P 500 by 7.5%, and the NASDAQ by 7.6%. A significant portion of the early discussion focuses on Apple, highlighting its announcement of what might be the largest stock buyback in the history of capitalism, totaling over $100 billion. This move significantly influenced the market, particularly on Friday, helping to mitigate the negative impact of potentially disappointing upcoming earnings. The Money Wise guys speculate that the timing of the announcement could be strategic, possibly to counterbalance expected underwhelming news from the upcoming Apple event on May 7th, which is anticipated to focus on AI and new products. They also discuss the latest U.S. employment numbers, which came in softer than expected, contributing to the market’s positive response as often "bad news is good news" for market dynamics, along with other topics.

The Future of Apple

This week’s episode touches on Apple's ongoing shift in focus towards establishing a stronger presence in India, where there is significant potential due to the growing middle and upper-middle classes. The Money Wise guys point out that Apple is not only expanding manufacturing facilities in India to diversify its production beyond China but also tailoring products like iPhones to fit India's current telecommunications infrastructure, which primarily supports 4G. By offering more affordable technology suitable for the local market, Apple aims to tap into a vast customer base in a country with over a billion people, marking a critical step in its global strategy. This move is seen as a major future growth driver for Apple, leveraging India's burgeoning tech adoption rates.

A Stressed Housing Market, An Upcoming Election, & Investor Psychology

Sat, 20 Apr 2024 16:00:22 -0000

In this week's episode of Money Wise, the Money Wise Guys discuss the recent performance of major stock indices, noting a mixed week with the Dow Jones Industrial Average remaining flat, while the S&P 500 and NASDAQ experienced significant corrections, dropping by 3% and 5.5% respectively. Year-to-date, the indices show modest gains, but the NASDAQ is notably close to zero growth for the year. The conversation highlights the sharp downturns, particularly in the NASDAQ, which had its worst week in a long time. Jeff speculates whether the Dow has completed its correction or if more downturns lie ahead, noting that the market's focus is primarily on the NASDAQ and S&P 500 due to their broader tech and AI-focused companies. The discussion also covers rising interest rates with the 10-year Treasury yield hitting 4.623%, sparking market nervousness. The Money Wise guys reflect on the Federal Reserve's current stance, indicating no imminent rate cuts due to ongoing inflation concerns, which appears to have not yet been fully controlled. Additionally, the housing market is spotlighted for showing significant stress, with housing starts and existing home sales both declining.

The episode also touches on rising living costs under the current administration, potentially influencing voter sentiment in the upcoming November elections. They also take time to disucss the broader market sentiment, with some analysts initially expecting several rate cuts this year, and how the market is now adjusting to a "higher for longer" interest rate scenario, aligning with fewer expected rate reductions.

A Stressed Housing Market

The housing market is currently facing significant stress, evidenced by declining trends in both housing starts and home sales. In March, housing starts plummeted by 14.7%, indicating a substantial slowdown in new residential construction, which can be a key driver of economic activity and consumer confidence. Concurrently, existing home sales also fell by 3.7%, reflecting a reticence among buyers, possibly due to high mortgage rates, elevated home prices, and economic uncertainty. These downturns in critical housing market indicators suggest a broader cooling off in the real estate sector, which could have ripple effects across the economy. As the housing market is often a bellwether for economic health, these declines are particularly concerning, signaling potential challenges ahead for both the real estate market and the broader financial landscape.

In the second hour today, the Money Wise guys discuss Investor Psychology. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Inflation’s Bite, the Consumer Price Index & 5 Things Every Retirement Portfolio Should Have

Sat, 13 Apr 2024 16:00:42 -0000

In this week's episode, the Money Wise guys discuss the recent downturns in major stock market indices, with the Dow Jones Industrial Average, S&P 500, and NASDAQ all experiencing declines. Despite these drops, the year-to-date figures remain slightly positive. The conversation then shifts to a technical analysis of the markets, noting that the S&P 500 was close to dropping below its fifty-day moving average but managed a slight recovery by the close of trading on Friday. The guys emphasize that trading volumes have been lower than average, suggesting a lack of strong buying or selling conviction, which they attribute to traders being in a holding pattern awaiting more data. A significant portion of the discussion focuses on the latest Consumer Price Index (CPI) numbers released on Wednesday, which showed inflation hotter than expected. This has stirred discussions among financial pundits about the possibility of further interest rate hikes rather than cuts. This shift in narrative reflects a cautious sentiment among portfolio managers about adjusting asset allocations in response to evolving economic indicators. The episode also touches on political influences on economic policies and market reactions, particularly criticisms of the Biden administration's handling of various issues, including energy policies and their impact on inflation. The Money Wise guys criticize the administration's decisions and speculate on the potential political motivations behind economic statements and policies, especially as they relate to interest rate decisions in an election year. They conclude with concerns about the Federal Reserve using outdated data to make policy decisions, which could impact the accuracy of their economic forecasting.

The Consumer Price Index (CPI)

The Consumer Price Index (CPI) is a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care. It is calculated by taking price changes for each item in the predetermined basket of goods and averaging them. Changes in the CPI are used to assess price changes associated with the cost of living. For investors, a CPI that is hotter than expected indicates higher inflation, which can erode purchasing power and reduce the real returns on investments. This can lead to higher interest rates as central banks may raise rates to curb inflation. Higher interest rates typically result in higher borrowing costs and can dampen economic growth, influencing stock markets negatively as companies face higher costs of financing and consumers reduce spending.

In the second hour today, the Money Wise guys discuss 5 Things Every Retirement Portfolio Should Have. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

The Fed Speaks, Consequences for the Markets & Retiree Spending Rules

Sat, 06 Apr 2024 16:00:56 -0000

As they kick off every Money Wise program, the show starts with a discussion of recent market performances, noting a downturn in the major indices over the past week, with the Dow Jones Industrial Average down by 2.3%, the S&P 500 by 1%, and the NASDAQ by 0.8%. Despite this, all year-to-date figures remain positive. A significant focus of the episode is on the impact of Federal Reserve officials' statements on market movements. Specifically, they discuss a comment made by Fed Governor Neel Kashkari, suggesting that interest rates might not need to be cut at all this year, which led to a sharp market decline. This incident highlights the broader theme that words from Federal Reserve officials have significant consequences for the markets. The Money Wise guys express surprise that the market has adjusted to lower expectations of rate cuts without a significant negative reaction, indicating a resilient market. However, they caution about the volatility and sensitivity of the market to Fed officials' remarks. They also preview upcoming economic data releases, such as consumer and producer prices, which could influence market expectations and Fed policy regarding interest rates.

Consequences for the Markets

Several factors beyond Federal Reserve comments can significantly impact the financial markets, either positively or negatively. Economic indicators such as employment rates, GDP growth, and inflation figures play a crucial role in shaping investor sentiment and market dynamics. Corporate earnings reports and forecasts can also influence market movements, as they provide insight into a company's financial health and future prospects. Geopolitical events, such as elections, trade negotiations, or conflicts, can introduce uncertainty, affecting global markets. Additionally, technological advancements and regulatory changes within key industries can lead to shifts in investment trends and market valuations. Lastly, global economic conditions, including the economic performance of major economies like China and the European Union, can have far-reaching effects on international markets, influencing commodity prices, currency exchange rates, and global trade flows. Together, these factors create a complex web of influences that can drive market volatility and trends.

In the second hour today, the Money Wise guys share their Retiree Spending Rules. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Economic Indicators, The Personal Consumption Expenditures Index & Equity Index Annuities

Sat, 30 Mar 2024 16:00:49 -0000

In this week’s episode of Money Wise, the Money Wise guys discuss the financial market's performance, highlighting weekly, monthly, and year-to-date figures. For the past week, the Dow Jones Industrial Average saw an increase of 0.8%, the S&P 500 grew by 0.4%, whereas the NASDAQ fell by 0.3%. Reflecting on March's performance, the Dow Jones experienced a 2.1% increase, the S&P 500 rose by 3.1%, and the NASDAQ was up by 1.8%. Year-to-date figures reveal the Dow up by 5.6%, the S&P 500 by 10.2%, and the NASDAQ by 9.1%, marking the best start in five years and the best first quarter for the S&P since 2019. The Money Wise guys also touch upon the anticipation around the Personal Consumption Expenditures (PCE) index release, contrasting economic indicators such as PMI numbers indicating contraction and high consumer sentiment reflecting confidence. Additionally, positive economic news included an 8% increase in new home sales, a 1.4% rise in durable goods orders, and an upward revision of Q4 2023 GDP to 3.4%. The discussion includes a conversation surrounding their thoughts on if an imminent recession is going to happen, with analysts speculating about interest rate cuts, suggesting a range of zero to three cuts for the year, amidst adjusting market expectations.

The Personal Consumption Expenditures Index

The Personal Consumption Expenditures (PCE) index is a measure of the average increase in prices for all domestic personal consumption. It tracks the price changes in consumer goods and services, including healthcare, education, and food, among others. As the Federal Reserve's preferred gauge of inflation, the PCE index provides a broad overview of the inflationary pressures within the economy, helping the Fed in making informed decisions regarding monetary policy. Unlike the Consumer Price Index (CPI), the PCE index accounts for changes in consumer behavior and preferences, such as switching to alternative goods in response to price changes, making it a more comprehensive measure of inflation. This index is crucial because it influences the Federal Reserve's decisions on interest rates, which in turn affect economic growth, employment rates, and the overall financial well-being of individuals and businesses. Its significance lies in its role as an economic indicator that helps policymakers, economists, and investors understand the health of the economy and the potential for inflation or deflation.

Market Milestones, Federal Reserve Forecasts & Best Investment Advice Ever

Sat, 23 Mar 2024 16:00:31 -0000

Jeff and Kyle are back in the studio and kick off this week’s episode of Money Wise by taking some time to get into the numbers of the markets this week before discussing how these current trends can influence your future retirement plans. This past week the Dow was up 2%, the S&P 500 was up 2.3%, and the NASDAQ was up 2.9%. For the YTD, the Dow was up 4.7%, the S&P 500 was up 9.7%, and the NASDAQ was up 9.4%. The Money Wise guys discuss the remarkable performance of the stock market, noting that indices like the NASDAQ and the Dow have hit all-time highs, signifying a prosperous period for investors, particularly those with a significant portion of their assets in stocks. They highlight their successful stock picks, which have outperformed the S&P year-to-date, and note the satisfactory performance of the fixed-income segment of portfolios despite rising interest rates throughout the year. The discussion also covers market momentum as the first quarter of 2024 nears its end, with Good Friday market closures ahead. The conversation shifts to portfolio strategy debates, market resilience in the face of potential downturn catalysts, and reactions to Federal Reserve policies. Specifically, they debunk the earlier market consensus of numerous interest rate cuts in 2024, with the Fed signaling a more dovish stance than expected, indicating that rate cuts could occur even before inflation targets are met. This nuanced Federal Reserve outlook, coupled with a dismissal of immediate rate hikes, points to a cautiously optimistic market sentiment.

Federal Reserve Forecasts

The Money Wise guys reveal that the Federal Reserve's unexpected dovish stance signals potential interest rate cuts before meeting inflation targets, has buoyed the stock market. This shift suggests a prioritization of economic growth over strict inflation control, lowering borrowing costs for companies and making equities more attractive compared to fixed-income securities. Such policies are designed to stimulate investment and consumer spending, thereby supporting corporate profits, and increasing investors' risk appetite. The market's positive reaction reflects confidence in continued economic expansion and higher stock valuations, underscoring the Fed's commitment to sustaining the recovery even if it means tolerating higher inflation levels in the short term.

In the second hour today, the Money Wise guys share the Best Investment Advice Ever. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Another Case of the Fridays, Interest Rate Cuts & The 10 Myths of Retirement Planning

Sat, 09 Mar 2024 17:00:39 -0000

It’s another information-packed episode with the Money Wise guys and they begin with a rapid-fire market recap for last week. The Dow was down 365 points, the S&P 500 was down 13.5 points, and the NASDAQ was down 1.2%. YTD the Dow is up 2.7%, the S&P 500 is up 7.4%, and the NASDAQ is up 7.2%. Although we’re seeing drops across the board, each market reached an all-time high throughout the week but Fridays seem to be hitting us especially hard this month. The Money Wise guys discuss their thoughts on why we’re seeing so much fluctuation in the markets as well as other headlines. They also discuss the interest rate cuts we’re expecting to see this summer and how they think those cuts will be rolled out. The Money Wise guys seem to caution listeners on believing the rumors, doubting that they’ll give cuts too early before the presidential election. The guys also discuss the latest employment report and how they think those results may play into the Fed’s decision.

Will the Federal Reserve Announce Interest Rate Cuts This Year?

If the Federal Reserve were to announce interest rate cuts this year, it would likely be in response to signs of economic slowing, to stimulate economic growth. By lowering interest rates, borrowing costs decrease, encouraging both consumers and businesses to spend and invest more. The goal is that this will lead to increased economic activity, potentially boosting job creation and consumer spending. For the investment landscape, interest rate cuts can have mixed effects. On one hand, lower rates tend to make bonds less attractive relative to stocks, potentially driving up stock prices as investors search for higher returns. On the other hand, if the rate cuts are seen as a response to significant economic downturn risks, it could lead to increased market volatility. Overall, while interest rate cuts can provide short-term economic stimulation and potentially buoy the stock market, they also reflect concerns about underlying economic health and can lead to increased inflationary pressures over the longer term.

In the second hour today, the Money Wise guys share the 10 Myths of Retirement Planning. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Balancing Risk and Reward, The 5% Rule of Investment & The ‘Are You Ready for Retirement’ Quiz

Sun, 03 Mar 2024 17:00:23 -0000

Balancing Risk and Reward, The 5% Rule of Investment & The ‘Are You Ready for Retirement’ Quiz

The Money Wise Guys are back and as always, they kick off with a deep dive into the latest trends in the stock market, as well as their take on current headlines and the 5% Rule of Investment that they urge listeners to follow. Their discussion begins with an overview of recent fluctuations, focusing on significant movements in major indices such as the S&P 500 and Dow Jones Industrial Average. The Dow saw a slight decrease, the S&P 500 was up slightly and the NASDAQ was up 1.7%. YTD the Dow is up 3.7%, the S&P 500 is up 7.7%, and the NASDAQ is up 8.4%. What’s more exciting is that the S7P 500 and the NASDAQ closed on Friday with new all-time highs. The guys highlight how these changes reflect broader economic indicators, touching upon factors like consumer confidence and inflation rates. They also discuss the impact of international events on the stock market, emphasizing the role of geopolitical tensions and trade agreements in shaping market sentiment.

The 5% Rule of Investment

The Money Wise guys share their 5% rule of investment which generally advises that investors should limit their exposure to high-risk investments, such as digital assets or speculative stocks, to no more than 5% of their total investment portfolio. This rule is designed to help investors manage risk by ensuring that the bulk of their investments are in more stable and traditional assets, which can provide a safer return over time. When it comes to digital assets, like cryptocurrencies, the guys advise that you proceed with caution due to their volatile nature, potential regulatory changes, and the risks associated with emerging technologies. They encourage you to do thorough research, understand the risks involved, and consider your own financial situation and risk tolerance before investing in digital assets.****

In the second hour today, the Money Wise guys share their “Are You Ready for Retirement” quiz. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Contradictory Fed-Speak, Annualized Returns & RIA vs. Broker

Sat, 24 Feb 2024 17:00:14 -0000

Fed-Speak, PCE Price Index Data & Annualized Returns

The Money Wise guys are back in the studio and this week’s topics include the PCE Price Index, confusing Fed-speak and so much more. The guys kick things off with a look at last week’s numbers from Wall Street. The Dow was up 1.3%, the S&P 500 was up 1.7%, and the NASDAQ was up 1.4%. YTD the Dow is up 3.8%, the S&P is up 6.7%, and the NASDAQ is up 6.6. Well, it was quite a week! The guys discuss the S&P’s annualized return - which is surprising yet highly unlikely to remain up this much. The guys ponder how much of the Q1 performance we’re seeing now is going to slow down as the year goes on, and they share confusion about this week’s contradictory Fed-speak regarding interest rate cuts. What will the timeline really look like? Well, the Money Wise guys think we have many more months before we see cuts. They also discuss expected Personal Consumption Expenditures numbers, also known as the PCE Price Index, which we’ll see next week, and which could push rate cuts back by as much as a quarter.

Understanding the PCE Price Index

The PCE Price Index, which is the common abbreviation for the Personal Consumption Expenditures Price Index, is expected next week. Why does the PCE Price Index matter? Well, this number is released each month as part of the Personal Income & Outlays report. The PCE Price Index is a measure of the prices that people living in the United States are paying for goods and services, meaning it relates to inflation. To learn more about the PCE Price Index and how it differs from the Consumer Price Index, check out this explanation from the Bureau of Labor Statistics.

In the second hour today, the Money Wise guys discuss the RIA vs. Broker differences you need to know. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Economic Data, Shallow Recession Talk & Investor Psychology

Sat, 17 Feb 2024 17:00:31 -0000

Data Breakdown, Shallow Recession Talk & Investor Psychology

Money Wise is back with another informative episode covering Fed-Speak, the possibility of a shallow recession, and more! Last week, the Dow was down 0.1%, the S&P 500 was down 0.4%, and the NASDAQ was down 1.3%. YTD the year is still looking positive, with the Dow up 2.5%, the S&P 500 up 4.9%, and the NASDAQ up 5.1%. Lots of data came out last week, including Consumer Price Index and Producer Price Index numbers, and this is what drove the market. The hotter than expected Consumer numbers led to the worst day in almost a year for the Dow. The market made somewhat of a recovery in the days following, but we did have the first negative week in quite awhile. Still, it wasn’t a dastardly bad week, and we ended down just slightly. The Fed-speak was resoundingly saying ‘no interest rate cuts anytime soon’ so that narrative may be dead. We may see cuts in late Spring or early Summer, but the Fed wants to avoid a recession situation like we had in the ‘80s when rate cuts came too soon and inflation rose again. The Money Wise guys discuss why we are likely to see a recession in 2024, but we still have a strong job picture, lots of cash on the sidelines, and higher wages, so investors can likely expect a shallow recession.

What is a Shallow Recession?

Since the Money Wise guys mention that we shouldn’t be surprised about a shallow recession in 2024, let’s look more closely at what that means. A shallow recession happens when some parts of the economy are performing on average, while others are struggling. A shallow recession can be viewed as more of a bump in the road than a pothole that disrupts the economy. Learn more about each type of recession, including a shallow recession, here.

Historic Valuations, Moving Averages & Five Things Every Portfolio Should Have

Sat, 10 Feb 2024 17:00:37 -0000

Moving Average Data ,Valuations & 5 Things Every Portfolio Should Have

It’s another informative and engaging episode of Money Wise, and the Money Wise guys are focused on the data. But first, a recap of last week’s numbers from Wall Street: The Dow was up slightly - essentially flat - while the S&P 500 was up 1.4% and the NASDAQ was up 2.3%. YTD the Dow is up 2.6%, the S&P 500 is up 5.4%, and the NASDAQ is up 6.5%. We’re seeing some similarities this year with how the market came hot out of the blocks at the beginning of 2023. The guys discuss moving average stats and the “Golden Cross.” There are rumblings of similarities between AI and the Dot Com era, but the Money Wise guys disagree that they’re comparable, especially from a valuation standpoint. They also discuss expected interest rate cuts, buy volume and an S&P record of interest.

What is a Moving Average?

The Money Wise guys mention the “moving average” several times in this episode, so let’s dig into that term. According to the Corporate Finance Institute, a moving average is a technical indicator that investors and traders use to determine the trend direction of securities. A moving average is calculated by adding up all the data points during a specific period and dividing the sum by the number of time periods. You can learn more about the importance and uses of a moving average here.

In the second hour today, the Money Wise guys share the Five Things Every Portfolio Should Have. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Meta’s Classic Short Squeeze, Congressional Testimony & Retiree Spending Rules

Sat, 03 Feb 2024 17:00:07 -0000

Meta’s Classic Short Squeeze, Magnificent 7 Earnings & Retiree Spending Rules

The Money Wise guys are back in the studio and the big news is Meta’s comeback - also known as a classic short squeeze. But first, last week’s numbers from Wall Street: The Dow was up 1.4%, the S&P 500 was up 1.4%, and the NASDAQ was up 1.1%. YTD the Dow is up 2.6%, the S&P is up 4.0%, and the NASDAQ is up 4.1%. We’ve finished the month of January and all three indices were up by about 1%, which tends to bode well for investors as the year unfolds. The Money Wise guys discuss the impact of the Federal Reserve meeting last week, a particularly bad day for the S&P, and Meta’s shocking earnings. Talk about a comeback! Though it was a classic short squeeze, folks. The guys also discuss earnings news for the Magnificent 7, Mark Zuckerberg’s record-breaking wealth ascension, and the damaging social media impacts discussed in Zuckerberg’s recent congressional testimony.

What is a Short Squeeze, Anyway?

The Money Wise guys call Meta’s comeback a classic short squeeze in this episode, but what does that mean? A short squeeze describes a market phenomenon where s sharp rise in the price of an asset forces traders who previously sold short to close out their positions. It’s called a short squeeze because this strong buying pressure “squeezes” the short sellers out of the market. Check out more short squeeze information here.

In the second hour today, the Money Wise guys discuss Retiree Spending Rules. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Interest Rate Cuts, The ‘Magnificent 6’ & All About Equity Index Annuities

Sat, 27 Jan 2024 17:00:24 -0000

Interest Rate Cuts, The Magnificent Six & Equity Index Annuities

The Money Wise guys are back in the studio to discuss interest rate cuts, the new “Magnificent Six,” and s much more. They kick off the show with last week’s market recap. The Dow was up 0.6%, the S&P 500 was up 1.1%, and the NASDAQ was up 0.9%. YTD the Dow is up 1.1%, the S&P 500 is up 2.5%, and the NASDAQ is up 3.0%. January has us off to a really good start for 2024, and many analysts say, “As goes January, so goes the year.” It’s a bit of a surprise considering we had such a run in Q4 of 2023, mostly in anticipation of Fed interest rate cuts. Also surprising is that we've seen some fairly strong economic numbers of late and the markets have not reacted negatively. The Money Wise guys discuss whether this is because the inflation news shows continued progress in getting to the magical 2% year-over-year inflation number. The guys also discuss mixed earnings and why Tesla might be out of the Magnificent 7.

Let’s Talk About Interest Rate Cuts

The Fed increased interest rates 11 times over the past few years, and we’re expecting some interest rate cuts in 2024. However, the Money Wise guys feel the pundits saying we’ll see six cuts this year are sorely mistaken. What is a more realistic number for interest rate cuts? First, let’s be clear that the Fed has, indeed, signaled interest rate cuts. In December, they appeared to have penciled in three interest rate cuts for 2024, though economic news and market fluctuations could change their plans.

In the second hour today, the Money Wise guys share warnings on Equity Index Annuities. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Housing Market Stats, Treasury Yields & The Best Investment Advice Ever

Sat, 20 Jan 2024 17:00:52 -0000

Housing Stats, Treasury Yields, and The Best Investment Advice Ever

It’s another engaging and informative episode of Money Wise, complete with housing stats, a discussion of Treasury Yields, and so much more. The Money Wise guys begin with last week’s numbers from Wall Street. The Dow was up 0.7%, the S&P 500 was up 1.2%, and the NASDAQ was up 2.3%. YTD the Dow is up 0.5%, the S&P 500 is up 1.5%, and the NASDAQ is up 2.0%. We also closed on Friday with all-time highs for the Dow and S&P. The Money Wise guys also talk about housing stats, as we learned that home sales hit the lowest level since 1995 last year. This was likely due to the higher interest rate squeeze on existing homeowners, plus builders facing higher capital costs and a workforce shortage. If you’re wondering, it’s still not the best time to be looking for a new home. However, consumer sentiment measurements shot up substantially recently, and some pundits saying it was due to how well the stock market did in December, along with hope that Fed interest rate cuts are forthcoming. The guys discuss recent Fed governor remarks and about how the stock market reacted to 10-Year Treasury Yields.

What Are Treasury Yields Anyway?

The Money Wise guys discuss 10-Year Treasury Yields in this episode, and it’s an economic indicator that comes up a lot. Let’s dig into what Treasury Yields are. Investopedia says Treasury Yields are the effective annual interest rates that the U.S. government pays on its various debt obligations, expressed as a percentage. Put another way, Treasury Yields are the annual returns investors can expect from holding a U.S. government security with a given maturity - such as a 10-year Treasury bond and its expected Treasury Yields. Learn more about Treasury Yields here.

The Bitcoin Casino, An SEC Social Hack & 10 Myths of Retirement Planning

Sat, 13 Jan 2024 17:00:14 -0000

The Bitcoin ETF Casino, SEC Changes Explained & 10 Myths of Retirement Planning

The Money Wise guys are back in action and they begin the show with what the markets have done so far in 2024. The Dow was up 0.3% last week, the S&P 500 was up 1.8%, and the NASDAQ was up 3.1%. YTD the Dow is down 0.3%, the S&P 500 is up 0.3%, and the NASDAQ is down 0.3% just like the Dow. There’s some big, historic news to report: the SEC finally threw in the towel and changed the rules so that ETFs tied to Bitcoin can start trading. The Money Wise guys have very strong feelings about the Bitcoin “casino” and make it clear that Davidson Capital Management doesn’t have a penny of client funds in these ETFs, and likely never will. They remind listeners that these ETFs are speculative investments not suited for any portfolio that cannot handle speculative investments, and even if you do decide to dip a toe into Bitcoin, it should be a very small part of your investable net worth - 5% maximum, and much less than that if you are within 10 years of retirement or already retired. They further remind listeners that there’s no such thing as “get rich quick” in the markets and that there are so many options that make more sense than these Bitcoin ETFs.

What is a Bitcoin ETF?

To be clear, a Bitcoin ETF, or spot Bitcoin ETF, refers to an investment fund that tracks the performance of an underlying asset (in this case Bitcoin). A Bitcoin ETF can give investors exposure to cryptocurrency without directly owning it. The SEC has approved 10 Bitcoin ETF sponsors, including BlackRock, Fidelity, and Ark Invest, paving the way for trading to begin. To learn more about what a Bitcoin ETF is, find resources here and here.

In the second hour today, the Money Wise guys share 10 Myths of Retirement Planning. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

A 2023 Recap, The 90 Days That Made the Dow & A Quiz on Retirement Readiness

Sat, 30 Dec 2023 17:00:22 -0000

A 2023 Recap, Looking Back at Market Predictions & A Retirement Readiness Quiz

The Money Wise guys are in the studio for the final time in 2023, and they start with last week’s market recap, as well as a 4th quarter recap and a 2023 recap. The Dow was up 0.8% last week, the S&P 500 was up 0.3%, and the NASDAQ was up 0.1%. December was a strong month, and we had an excellent 4th quarter, too. For 2023, the Dow finished up 13.7%, the S&P finished up 24.2%, and the NASDAQ finished up a massive 43.4% - the second-best year for the NASDAQ this century. The market’s performance for the year exceeded all three Money Wise guys’ expectations, and you can catch their 2024 market predictions in next week’s show. The guys share an interesting stat about the 10-year treasury yield, which tends to be the most-traded bond in the marketplace and serves as a building block for the determination of mortgage rates. How did we get here in 2023? The guys discuss it all, including the 90 days that made the Dow this year and why sentiment has shifted strongly back to a rate-cutting bias in 2024.

Market Predictions for 2024

The Money Wise guys’ market predictions for 2023 were way off - no one foresaw the massive impact of AI and the Magnificent 7. As mentioned, the guys will share 2024 market predictions in next week’s show. Will Jeff’s market predictions be the most bearish once again? Will Kyle’s market predictions be the most bullish once again? Will Jeff’s market predictions be the “Switzerland” between the Davidson brothers once again? Listen in next week to find out!

In the second hour today, the Money Wise guys quiz you on Retirement Readiness. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Nothing to See Here, Market Drivers & RIA vs. Broker

Sat, 23 Dec 2023 17:00:36 -0000

Kyle and Joe are with you for this pre-Christmas show with a rapid-fire market recap and more. Last week, the Dow was up 0.2%, the S&P 500 was up 0.8%, and the NASDAQ was up 1.2%. YTD the Dow is up 12.8%, the S&P is up 23.8%, and the NASDAQ is up 43.2%. It hasn’t been your typical year for the S&P and the NASDAQ! No one anticipated seven stocks being such huge drivers over the course of the whole year, and the guys discuss how we may see more breadth of participation in the New Year. They talk about the “graying of America” and the opportunities in healthcare, which just didn’t see much participation this year. Will the breadth spread out going into next year? The guys discuss what they think we might see in 2024.

In the second hour, the Money Wise guys talk share important RIA vs. Broker differences. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

A Something Burger, When Doves Fly & Understanding Investor Psychology

Sat, 16 Dec 2023 17:00:11 -0000

When Doves Fly, The Proverbial Soft Landing & Quadruple Witching

The Money Wise guys are back in the studio, kicking off this episode with a rapid-fire recap of last week’s quadruple witching market movements. If last week was a big Nothing Burger, this week was a big Something Burger. The Dow was up 2.9%, the S&P 500 was up 2.5%, and the NASDAQ was up 2.8%. YTD the Dow is up 12.5%, the S&P 500 is up 22.9%, and the NASDAQ is up 41.5%. It was no run-of-the-mill week last week, folks, and it was all due to the Fed’s doveish remarks. Jerome Powell came right out and said the Fed is done raising rates, we’re holding steady, and now we’re having conversations about a first cut. The market immediately started going up and the S&P had the highest volume in two years. Did the Fed thread the needle and truly create the proverbial soft landing? Maybe, but things can change. Still, data appears to be shaping up that way, and there was no coal in the stocking for equity investors last week. The Money Wise guys discuss our continuing over-bought condition, further evidence of market breadth widening, last week’s quadruple witching, and what we can expect to see in the remaining nine trading days of the year.

Understanding Quadruple Witching

The Money Wise guys mention that last week was a quadruple witching week, but what does that mean? Often called quad witching for short, quadruple witching happens when there is a simultaneous expiration of stock options, index futures, index futures derivatives options contracts, and single stock futures - the last of which hasn’t traded in the U.S. since 2020. For this reason, quadruple witching is not often called triple witching instead. Quadruple witching occurs on the third Friday of March, June, September, and December. Equity trading volumes generally rise on quadruple witching days.

In the second hour, the Money Wise guys talk about the importance of understanding Investor Psychology. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

A Big Nothing Burger, Technical Weeds & The U6 Unemployment Report

Tue, 12 Dec 2023 14:03:46 -0000

A Big Nothing Burger, Technical Weeds & The U6 Unemployment Report

It’s another engaging episode with the Money Wise guys and they begin with a rapid-fire market recap for last week, which amounted to a big Nothing Burger overall. The Dow was up about two points - essentially flat - and the S&P 500 and the NASDAQ were up 0.2% and 0.7% respectively. YTD the Dow is up 9.4%, the S&P 500 is up 19.9%, and the NASDAQ is up 37.6%. The guys dig into the equally weighted stats that show that tech stocks have been the biggest driving engine for this year, and they discuss the remarkable recovery we’ve seen for the NASDAQ, though it’s still 11% off the all-time high from late 2021. There are 14 trading days left this year - will we hit any all-time highs? The guys discuss the technical charts, the ongoing market cha-cha, and the November jobs and unemployment numbers, including the U6 Unemployment Report, which is hovering near its all-time low.

What is the U6 Unemployment Report?

Since the Money Wise guys take time to talk about the U6 Unemployment Report in this episode, let’s dig into what it is. Published by the Bureau of Labor Statistics, the U6 Unemployment Report shows the total unemployed, plus all marginally attached workers, plus total employed part-time for economic reasons, as a percent of the civilian labor force plus all marginally attached workers. The U6 Unemployment Report is considered an alternative measure of labor underutilization and it is made available on a monthly basis. Learn more about the U6 Unemployment Report here.

In the second hour, the Money Wise guys share What Wall Street Won’t Tell You. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

The Tech Growth Engine, An Impressive November & 5 Things Every Portfolio Should Have

Sat, 02 Dec 2023 17:00:21 -0000

The Tech Growth Engine Continues & November Showed Impressive Numbers

The Money Wise guys are back - with LOTS of numbers, propelled by the tech growth engine and more. Here’s where the markets ended up last week: The Dow was up 2.4%, the S&P 500 was up 0.8%, and the NASDAQ was up 0.4%. YTD the Dow is up 9.3%, the S&P is up 19.7%, and the NASDAQ is up a whopping 36.7%. November was a strong month, with the Dow up 8.8%, the S&P 500 up 8.9%, and the NASDAQ up 10.7%. On this strong performance, we are now less than 2% away from an all-time high on the Dow, less than 5% away from an all-time high for the S&P, and less than 12% away from an all-time high for the NASDAQ. The Money Wise guys admit they never saw this coming - especially on the backs of 11 interest rate increases since March of 2022. Is the Fed done now? Will we see a broad market rally in 2024, outside of the Magnificent 7 tech growth engine? The Money Wise guys discuss all this and more, plus give a reminder about why it’s a failed strategy to be either all-in or all-out of the markets.

The Tech Growth Engine is Still Chugging Along

When the Money Wise guys mention the tech growth engine, they are referring to the Magnificent 7 tech stocks that have propelled market momentum all year long. This tech growth engine includes Meta Platforms, Apple, Amazon, Google, Microsoft, Nvidia, and Tesla. You can learn more about the Magnificent 7 here and more about the performance of this tech growth engine here.

In the second hour, the Money Wise guys discuss Five Things Every Portfolio Should Have. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

A Market Microcosm, A Rip-Your-Face-Off Rally & Retiree Spending Rules to Know

Sat, 11 Nov 2023 17:00:31 -0000

A Market Microcosm, a Rip-Your-Face-Off Rally & Your Portfolio Review and Analysis

The Money Wise guys are back after three weeks of college football preemption, and there’s much to discuss! They start with last week’s numbers from Wall Street, which showed the Dow up 0.7%, the S&P 500 up 1.3%, and the NASDAQ up 2.4%. YTD the Dow is now up 3.4%, the S&P is up 15%, and the NASDAQ is up 31.8%. Of course, the markets have been busy over the last three weeks, and the Money Wise guys cover topics like the NASDAQ and S&P rallying, why things got bright and shiny for the markets as October ended, one of the longest strings of back-to-back up days that we’ve had in several years, why the last two trading days are a microcosm for the last three weeks, and much more. They also discuss why they believe market sentiment keeps changing on a daily basis, why we’re watching bond auctions like never before, ongoing concern about interest rates, and what led to Friday’s rip-your-face-off rally.

Portfolio Review and Analysis with The Money Wise Guys

With all that's going on in the markets, it’s smart to check in on your investments and conduct a portfolio review and analysis from time to time. One of the services offered by Davidson Capital Management is, in fact, a portfolio review and analysis - and you may notice it mentioned at the start of every show. Now, a portfolio review and analysis is something you can conduct on your own, but a portfolio review and analysis with the Davidson Cap team means you’ll have 34 years of service and experience to help you determine whether you can make moves to strengthen your positions, enhance your diversification, and build a portfolio that better serves your needs. If you want a portfolio review and analysis with the Money Wise Guys, call 1-800-275-2162 or email moneywise@davidsoncap.com. Click here to learn more about the importance of a regular portfolio review and analysis.

In the second hour, the Money Wise guys share Retiree Spending Rules you won’t want to miss! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

A No-Landing Scenario, Weak Market Fundamentals & Understanding the Dangers of Equity Index Annuities

Sat, 21 Oct 2023 16:00:07 -0000

A No-Landing Scenario, Weak Market Fundamentals & Annuity Warnings

The Money Wise guys are back in the studio with another engaging and informative show that tackles current market trends and shares annuity warnings, too. They begin with a recap of last week’s market performance. The Dow was down 1.6%, the S&P 500 was down 2.4%, and the NASDAQ was down 3.2%. YTD the Dow is essentially flat, the S&P is up 10%, and the NASDAQ is up 24.1%. We’re seeing strange performance for the year, and we’ve just entered the fourth quarter of the game. The guys talk about the market cap weighted S&P 500, which shows some underlying fundamentals of the market aren’t as strong as the YTD S&P might lead us to believe. It all comes back to the Magnificent 7 tech stocks, so investors shouldn’t get too far out over their skis. The guys also discuss the 10-Year Treasury, which hit a yield it hasn’t seen since 2007, and they share more about this “normalization” of the yield curve that continues to occur. The Money Wise guys also discuss the Fed, recent rhetoric, a no-landing scenario for the economy, and how much higher long-term interest rates may go.

Annuity Warnings from the Money Wise Guys

The guys talk extensively about Equity Index Annuities in the second hour of the show - and they have plenty of annuity warnings to share. Among the greatest annuity warnings are that the insurer could become insolvent or that your annuity’s purchasing power will erode before payout. Check out these resources for more on annuity warnings and on equity index annuities in particular.

In the second hour, the Money Wise guys share important information about Equity Index Annuities - including annuity warnings you don’t want to miss! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Earnings Season, Muted Market Reactions & A Primer on 401(k) Rollovers

Sat, 14 Oct 2023 16:00:49 -0000

Earnings Season, Muted Market Reactions & A Primer on 401(k) Rollovers

The Money Wise guys are back for a bit of a shorter show this week, but you can bet it still packs a punch! They kick things off with last week’s numbers from Wall Street. The Dow was up 0.8%, the S&P 500 was up 0.4%, and the NASDAQ was down 0.2%. YTD all three major indices remain up, with the Dow up 1.6%, the S&P up 12.7%, and the NASDAQ up 28.1%. The guys talk about Thursday’s bond auction report on the 30-year Treasury, which threw the markets into flux after a relatively strong week. Yields went higher, bond prices fell, and the market’s selling algorithms were triggered. Things began to look up on Friday but rolled over before lunch. The Money Wise guys discuss all the factors at play, including what’s happening with mortgage rates, the power of the 10-year Treasury, JP Morgan and United Health’s well-received earnings, PPI and CPI numbers, and why markets continue to show a muted reaction. The guys also discuss what moves the Fed may make next, and kick off the second half of the show with a discussion on 401(k) Rollovers.

What’s the Deal with 401(k) Rollovers Anyway?

The Money Wise guys often focus on 401(k) Rollovers in the second half of the show, and it’s because they offer distinct advantages. 401(k) Rollovers are the term used to describe the process of directing the transfer of money in your 401(k) to a new 401(k) plan or to an IRA. It’s a fairly simple process, and 401(k) Rollovers offer the advantages of more choices, lower fees, and greater control.

In the second hour, the Money Wise guys offer a primer on 401(k) Rollovers that you don’t want to miss! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

A JOLTS Report Jolt, Continued Perversion of the Markets & 401(k) Rollovers

Sat, 07 Oct 2023 16:00:15 -0000

A JOLTS Report Jolt, Continued Perversion of the Markets & 401(k) Rollovers

The Money Wise guys weren’t preempted by football this week! They’re back in the studio with another episode full of investor news, engaging debate, and some wise-cracking, too. They kick off the show with a market update, and last week saw the Dow down. 0.3%, the S&P 500 up 0.5%, and the NASDAQ up 1.6%. YTD the Dow is up 0.8%, the S&P is up 12.2%, and the NASDAQ is up 28.3%. It’s the first show since Q3 ended, and it was a negative quarter for all major market indices, with most of the negative performance coming from the month of September. Q4 has now begun, and Friday’s rally saved it from being a negative first week. It was all about unemployment numbers, and the consensus expectations for the JOLTS report, in particular. These jobs numbers came in way above expectations, with more than a million more jobs available than what was anticipated. The ADP report jobs were also high, so futures went immediately south, interest rates immediately spiked up, and we saw the market algorithms take over once again. The guys also discuss two things that drove the markets negatively in September, what’s happening with volume, and the technicals they’re watching.

What is the JOLTS Report?

The Money Wise guys discuss the JOLTS Report in this episode, and this refers to a jobs report from the Bureau of Labor Statistics. The JOLTS Report stands for the Job Openings and Labor Turnover Survey, and it produces data on job openings, hires, and separations. The JOLTS Report is generated monthly and often impacts the markets, especially when coming in much higher than expectations. You can learn more about the JOLTS Report here.

In the second hour, the Money Wise guys discuss 401(k) Rollovers. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Algorithms, Interest Rates, 0 DTE Options & The Best Investment Advice Ever

Sat, 16 Sep 2023 16:00:08 -0000

Algorithms, Interest Rates & 0 DTE Options

It’s another engaging and informative episode of Money Wise! The Money Wise guys are missing Jeff this week, but Kyle and Jow kick off the show with last week’s numbers from Wall Street. The Dow was up 0.1%, the S&P 500 was down 0.2%, and the NASDAQ was down 0.4%. Year-to-date the Dow is up 4.4%, the S&P 500 is up 15.9%, and the NASDAQ is up 31.0%. The Money Wise guys discuss the equally weighted S&P once again and the very unusual circumstances that continue to make it vastly different from the market cap weighted index. The Magnificent 7 stocks continue to produce, and the guys discuss the Thursday rally, then the Attack of the Fridays due in large part to a triple witching options expiration date, which produced lots of volume - up 85% over the daily average volume, in fact. The guys also share updates on the European Central Bank and whether its interest rate decision will extrapolate to the U.S. markets and to next week’s Fed decision. They also touch on 0 DTE options and the gambler’s mentality, which creates more volatility.

What Are 0 DTE Options?

The Money Wise guys introduce the concept of 0 DTE Options in this episode, which are a relatively new offering in options trading. 0 DTE Options are options contracts set to expire at the end of the trading day. They require a bit of a gambler’s mentality because this means the value of 0 DTE options is entirely determined by the underlying assets’ price movements on that day. With 0 DTE options, you can win big, or you can lose big. Learn more about why some investors are trading 0 DTE options here.

The September Slog, Apple in China & 401(k) Rollovers

Sat, 09 Sep 2023 16:00:26 -0000

The September Slog, Apple in China & 401(k) Rollovers

The Money Wise guys are back with another episode, and they kick off the show with a rapid-fire recap of last week’s market moves. The Dow was down 0.8% last week, the S&P 500 was down 1.3%, and the NASDAQ was down 1.9%. YTD all three indices remain in the black, with the Dow up 4.3% on the year, the S&P 500 up 16.1%, and the NASDAQ up 31.5%. It was a short week due to the Labor Day holiday, but September is living up to its annual expectation as the weakest month of the year. We got below the 50-day moving average in the S&P, and the market didn’t recover before the end of the week. The Money Wise guys discuss bond yields and how clearly tied the Wall Street algorithms are to the bond market. They also discuss why Apple and Nvidia are currently down, potential iPhone restrictions in China, and much more.

Second Hour Discussion: 401(k) Rollovers

In the second hour, the Money Wise guys discuss everything you need to know about 401(k) rollovers. 401(k) rollovers happen when you take money out of your 401(k) and move the funds into another type of tax-advantaged account. 401(k) rollovers can be advantageous when you leave one job and start another, in the ease of your retirement savings management, and in lowering account management fees. 401(k) rollovers aren’t for everyone, so do your due diligence before making this move. You can learn more about 401(k) rollovers in this guide from Forbes.

You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Performance Differentials, Active Asset Management & 10 Myths of Retirement Planning

Sat, 02 Sep 2023 16:00:51 -0000

Performance Differentials, Active Asset Management, and Mid-Cap Growth Funds

It’s another educational episode of Money Wise as the Money Wise guys share market updates and discuss the financial news that matters to you. Last week, the Dow was up 1.4%, the S&P 500 was up 2.5%, and the NASDAQ was up 3.2%. Year-to-date, the Dow is up 5.1%, the S&P 500 is up 17.6%, and the NASDAQ is up 34.1%. The guys also share the equally weighted S&P 500, which the “Magnificent 7” can’t skew, and they talk about how the out-performance we’re seeing now harkens back to the dot-com era. Will this performance differential last? It remains to be seen. The guys also share reminders about the importance of active asset management and a proven process for stock-picking, data on mid-cap growth funds so far this year, and much more.

What Are Mid-Cap Growth Funds?

Since the Money Wise guys talk about mid-cap growth funds in this episode, let’s discuss what they are. Mid-cap growth funds are pooled investment vehicles, such as mutual funds, that invest explicitly in the stocks of companies with market capitalizations ranging from approximately $1 billion to $8 billion. These are called mid-cap growth funds because they fall in the middle range of listed stocks, and they are projected to grow at a faster rate than other mid-cap stocks. To learn more about mid-cap growth funds, visit this resource from Investopedianow.

In the second hour, the Money Wise guys discuss 10 Myths of Retirement Planning. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

A Continued Summer Correction, The Fed Meeting & An ‘Are You Ready for Retirement’ Quiz

Sat, 26 Aug 2023 16:00:21 -0000

A Continued Summer Correction, The Fed Meeting & An ‘Are You Ready for Retirement’ Quiz

Join the Money Wise guys for another engaging and educational episode! The guys begin with a rapid-fire market recap. Here’s what last week looked like on Wall Street: The Dow was down 0.4%, the S&P 500 was up 0.8%, and the NASDAQ was up 2.3%. YTD the Dow is up 3.6%, the S&P 500 is up 14.7%, and the NASDAQ is up 29.8%. We’re seeing continued light volume as many investors prepare for the Labor Day holiday, keeping this traditional summer correction going. It’s mostly “steady as we go” through the dog days of summer, though this past week had a bit of volatility. The markets experienced a strong Wednesday, with an abrupt reversal on Thursday. This market choppiness was most likely due to remarks from the Fed governors. The Money Wise guys also discuss the volatility we’re seeing in the yield curve all across the Treasury market, and why August has been the worst month so far this year. With all three major indices in the negative for the quarter, the guys are hopeful for positive movement after Labor Day.

What is a Summer Correction?

This week, the Money Wise guys discuss our continued Summer Correction - but is this something we commonly experience in the summer months? First, remember that a market correction doesn’t necessarily mean a bull market has reached its end. A Summer Correction is a natural part of the market cycle, and it’s particularly likely to happen when we’ve seen significant growth in the first half of the calendar year, as we’re seeing in 2023. This Summer Correction is not particularly worrisome to the Money Wise guys, and it’s likely we will see more market growth after Labor Day and into the third quarter. For more on the current Summer Correction, check out these resources from U.S. News and The New York Times.

In the second hour, the Money Wise guys share an ‘Are You Ready for Retirement?’ quiz. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

The Dog Days of Summer, Bond Yields, Economic Indicators & RIA vs. Broker

Sat, 19 Aug 2023 16:00:49 -0000

The Dog Days of Summer, Bond Yields, and Economic Indicators

The Money Wise guys are in the studio once again to bring you a rapid-fire market recap and so much more! Last week, the Dow was down 2.2%, the S&P 500 was down 2.1%, and the NASDAQ was down 2.6%. YTD the Dow is up 4.1%, the S&P is up 13.8%, and the NASDAQ is up 27.0%. We’re in the Dog Days of Summer - and it’s about more than just the heat dome over Texas! The markets are experiencing a definite August swoon but with good reason. The NASDAQ was up more than 30% going into summer, so some losses were to be expected. The guys talk about bond yields, a major Chinese bankruptcy, and economic indicators - and they even get political. They also discuss GDP growth, how consumers are feeling, and the profit margins we continue to see in corporate America - plus what’s driving them.

What Do Bond Yields Mean?

The Money Wise guys share data on bond yields in this episode, so let’s discuss what that means. Bond yields are the returns investors expect to receive each year over each bond’s term to maturity. If you’re the investor who has purchased the bonds, bond yields are a summary of the overall returns that account for the remaining interest payments and principal you will receive. Bond yields are expressed as a percentage of the bondholder’s invested capital. You can learn more about bond yields here and here.

Summer Malaise, Forthcoming Fed-Speak & Investor Psychology

Sat, 12 Aug 2023 16:00:44 -0000

Summer Malaise, Market Rotation, Fed-Speak & Investor Psychology

The Money Wise guys are back at it again this week, and the show begins with a look back at last week’s numbers from Wall Street. The Dow was up 0.6%, the S&P 500 was down 0.3%, and the NASDAQ was down 1.9%. YTD the Dow is up 6.4%, the S&P is up 16.3%, and the NASDAQ is up 30.4%. Are we experiencing a so-called Summer Malaise? The Money Wise guys discuss what they’re seeing and why August is a weak month historically. They discuss why the NASDAQ seems most affected and where we’re seeing market rotation out of tech and into other areas. There seems to be buying interest in some parts of the market and selling interest in other areas. The Money Wise guys also dig into data points like the CPI and PPI, though there’s nothing in the stats that gave the bulls or the bears an ah-ha moment. In two weeks, there may be some more market-moving data and Fed-speak, confusing the market once again, and the guys discuss whether there may be another interest rate increase in September.

What is Market Rotation?

The Money Wise guys mention market rotation often, as in this episode, so let’s break down what it really means. Market rotation is, essentially, a response to larger economic cycles. As the economy expands, investors tend to move out of certain sectors and move into others. Market rotation is often driven by traders anticipating the next sectors for market growth, which is why it’s sometimes called “sector rotation.” If you’d like to learn more, you’ll find more market rotation discussions here and here.

In the second hour, the Money Wise guys engage in a discussion on Investor Psychology. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Market Burn-Off, Earnings Outlooks & What Wall Street Won’t Tell You

Sat, 05 Aug 2023 16:00:19 -0000

Burn-Off, Market Seasonality, Earnings & What Wall Street Won’t Tell You

The Money Wise guys start the show with a rapid-fire market update for the week just passed. The Dow was down 1.1%, the S&P 500 was down 2.3%, and the NASDAQ was down 2.8%. Though it was a down week, all three remain in the positive year-to-date, with the Dow up 5.8%, the S&P up 16.6%, and the NASDAQ up 32.9%. The Money Wise guys warned last week that market seasonality might hit hard in August, with it tending to be a weak month in any given market year - and we were definitely ripe for some pull-back and profit-taking. That’s just what we saw last week, with the market starting to burn off a bit of the over-bought condition, particularly in the S&P and the NASDAQ, and it could continue throughout August. The guys also discuss the earnings picture thus far and the common theme of companies reporting better-than-expected earnings with reasonable guidance but still not getting much of a bump up in price. They use Apple as an example in their discussion.

Market Seasonality

The guys mention market seasonality in this episode when they talk about August tending to be a weak month, so let’s dig into the concept a bit further. According to Brittanica Money, market seasonality refers to the tendency of financial markets to exhibit consistent patterns of demand and production over the calendar year. Weak Augusts are an example of market seasonality - sometimes also referred to as the summer doldrums - while other examples of market seasonality include the “Halloween Effect” and the “Santa Claus Rally.” Learn more about market seasonality from Investopedia here.

A Narrowly Missed Record, Algorithmic Trading & 5 Things Every Portfolio Should Have

Sat, 29 Jul 2023 16:00:56 -0000

A Narrowly Missed Record for the Dow & The Impact of Algorithmic Trading

The Money Wise guys are back at it for another week of wise investment discussion- and wise-cracking, too! They start with a look at last week’s numbers from Wall Street, which showed the Dow up 0.7%, the S&P 500 up 1.0%, and the NASDAQ up 2.0%. YTD all three indices remain up, as well, with the Dow up 7.0%, the S&P up 19.3%, and the NASDAQ up 36.8%. We had another attack of the Fridays, after a reversal of the market’s fortunes on Thursday. Though the markets pulled out on Friday to end the week on a positive note, the Dow narrowly missed setting a record that has held since 1897. The Money Wise guys review the first half of 2023, revisiting the NASDAQ’s tremendous gains, the Fed raising rates in four different months - to the highest Fed funds rate in 22 years - and so much more. They also touch on the impact of algorithmic trading, coupled with lower volume and participation, and how it can lead to more volatility.

What is Algorithmic Trading?

In this episode, the Money Wise guys dig into algorithmic trading and what it means when machines are controlling whether the market is buying or selling. Essentially, algorithmic trading means one small data point can trigger the market algorithms to become more volatile. To learn more about the advantages and disadvantages algorithmic trading brings to the table, check out this resource from the Corporate Finance Institute.

The Week of the Rotation, Earnings Reports & Retiree Spending Rules

Sat, 22 Jul 2023 16:00:04 -0000

The Week of the Rotation, Earnings Reports & Retiree Spending Rules

The Money Wise guys kick off another engaging episode with a look at last week’s numbers from Wall Street. The Dow was up 2.1%, the S&P 500 was up 0.7%, and the NASDAQ was down 0.6%. YTD all three remain up, with the Dow in the black 6.3%, the S&P up 18.1%, and the NASDAQ up 34.1%. The guys discuss whether it was “the week of the rotation.” They revisit how tech stocks have driven a huge amount of the total return for the S&P, though last week it was the healthcare sector leading the markets. Industrials are also making a comeback, small caps are really coming to life, and tech has slowly begun to take more of a backseat. The guys share how this broadening of the market is how we can continue to see gains on the back end of 2023. They discuss the specifics of Netflix and Tesla and what else might be driving this market rotation. The guys also talk about earnings reports, Tesla manufacturing evolutions, and why companies sometimes sacrifice margins in the present for increased future earnings.

Understanding Earnings Reports

Since Netflix and Tesla earnings reports are up for discussion in this episode, let’s talk about what earnings reports really mean. This data shows after-tax net income, or profits, in a given quarter or fiscal year. Earnings reports are important data for investors because they are crucial to assessing a company’s profitability and are a major factor in determining stock price. For more, check out the latest earnings reports for Netflix and Tesla, as discussed in this episode.

In the second hour, the Money Wise guys discuss Retiree Spending Rules you’d be wise to follow. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

No Recession in Sight, Distorted Economic Indicators & Equity Indexed Annuities

Sat, 15 Jul 2023 16:00:26 -0000

No Recession in Sight & Distorted Leading Economic Indicators

The Money Wise guys are back for another week of Wall Street news, witty banter, and investor education! They begin the show with a review of last week’s numbers. The Dow was up 2.3%, the S&P 500 was up 2.4%, and the NASDAQ was up 3.3%. YTD the Dow is up 4.1%, the S&P 500 is up 17.3%, and the NASDAQ is up an astounding 34.8%. The markets are still chugging along, full of potential, surpassing the 2023 predictions of all the Money Wise Guys thus far. The question remains: Why? With so many negative leading economic indicators, we should be nearing a recession. However, there is no recession in sight. The guys discuss whether the pandemic distorted these indicators, such as the inverted yield curve we’ve been experiencing, to the point that the data is no longer reliable.

Understanding Leading Economic Indicators

What is the relevance of leading economic indicators? Which specific data do we consider leading economic indicators? In general, economic indicators are data used to forecast future economic activity. Historically, things like the Consumer Confidence Index, the Purchasing Managers’ Index, and initial jobless claims have been considered leading economic indicators. As the Money Wise guys point out in this episode, however, that could be changing.

In the second hour, the Money Wise guys share their ongoing concerns about Equity Indexed Annuities. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Ain’t No Fun ‘Til The Fed is Done, The ADP Jobs Report & The Best Investment Advice Ever

Sat, 08 Jul 2023 16:00:21 -0000

Ain’t No Fun ‘Til The Fed is Done & The ADP National Employment Report

The Money Wise guys are back after a week off for the holiday, and they start with a recap of last week’s numbers from Wall Street. It was a short week due to the Fourth of July, and the Dow was down 2%, the S&P 500 was down 1.2%, and the NASDAQ was down 0.9%. YTD all three major indices remain firmly in the positive, with the Dow up 1.8%, the S&P 500 up 14.6%, and the NASDAQ up 30.5%. The shortened week saw light volume across the board, and what triggered selling was a very robust ADP National Employment Report. It woke the market up, but it held true that this was a case of “good news that is actually bad news” because it may have caused some issues with Treasury yields that can spell bad news for the markets overall.

What is the Importance of the ADP National Employment Report?

If you’re not familiar with the ADP National Employment Report, it’s produced by ADP Research Institute in collaboration with Stanford Digital Economy Lab, which is part of Stanford University. Together, they produce a monthly report of economic data. The ADP National Employment Report tracks the level of non-farm private employment in the U.S. If you’re interested in learning more, check out this resource on the ADP National Employment Report.

In the second hour, the Money Wise guys share The Best Investment Advice Ever You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

The June Swoon, Profit-Taking in the AI Halo & 10 Myths of Retirement Planning

Sat, 24 Jun 2023 16:00:01 -0000

June Swoon, AI Profit-Taking, and ECB Impact

The Money Wise guys kick-off this episode with last week’s numbers from Wall Street. The Dow was down 1.7%, the S&P 500 was down 1.4%, and the NASDAQ was down 1.4%. YTD all three major indices remain up, with the Dow up 1.8%, the S&P up 13.3%, and the NASDAQ up 28.9%. It was a bit of a profit-taking week, much like a typical June when we expect to experience a bit of a sell-off. They call it the “June Swoon” and, although June is historically a poor month for stocks, it’s been very solid for us this year. The Money Wise guys discuss last week’s sell-off and how we saw some profit-taking in the AI Halo, which is to be expected as some investors trim their tech positions. The guys discuss what we may see next, with so many folks currently under-invested, and they revisit the net-positive inflows we've seen in recent weeks. They also discuss whether we were influenced by Europe and the ECB last week, and how we remain above market support levels, despite some sell-offs.

What is the ECB?

In this episode, the Money Wise guys mention that we felt some impact from recent moves by the ECB, which is the [European Central Bank](https://european-union.europa.eu/institutions-law-budget/institutions-and-bodies/search-all-eu-institutions-and-bodies/european-central-bank-ecb_en#:~:text=The%20European%20Central%20Bank%20(ECB,economic%20growth%20and%20job%20creation.). The ECB manages the euro, and it also frames and implements EU economic and monetary policy. The main goal of the ECB is to keep prices stable in order to foster economic growth and job creation. Learn more about the ECB here. In the second hour, the Money Wise guys review “10 Myths of Retirement Planning.” You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

A Triple Witching Day, Increased Volume & An ‘Are You Ready for Retirement’ Quiz

Sat, 17 Jun 2023 16:00:59 -0000

A Triple Witching Day, Increased Volume & An ‘Are You Ready for Retirement’ Quiz

The Money Wise guys are back with another jam-packed episode! They begin with a look back at last week’s numbers from Wall Street. The Dow was up 1.2%, the S&P 500 was up 2.6%, and the NASDAQ was up 3.2%. YTD the Dow is up 3.5%, the S&P is up 14.8%, and the NASDAQ is up a whopping 30.8%. The Money Wise guys joke about how far off their 2023 predictions were for the markets, which have had a strong six months on the backs of AI stocks. We’re still seeing more broadening of the market outside of the ten stocks that have driven the S&P. We also saw increased volume last week, even before Friday, which was a Triple Options Expiration Day, also known as a Triple Witching Day. We’re seeing more retail participation, net-positive in-flows from equity mutual funds and equity ETFs, and FOMO seems to be back. We’re still not back to all-time highs, so don’t let the FOMO overtake you! As the Money Wise guys remind us, the market’s ultimate goal is to continue to rise over the long term. In this episode, they also discuss why the earnings decline shouldn’t disturb investors, and whether positive earnings growth is in our near future.

What is a Triple Witching Day?

The guys mention last week’s Triple Options Expiration Day in this episode, commonly called a Triple Witching Day. So, what is it? A Triple Witching Day, as defined by Investopedia, is the term for a day when there is a simultaneous expiration of stock options, stock index futures, and stock index options contracts all on the same day. It happens four times each year, on the third Friday of March, June, September, and December. Learn more in this FOREX article.

In the second hour, the Money Wise guys share a helpful “Are You Ready for Retirement?” quiz. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

The $64,000 Question, Talking Heads & RIA vs. Broker

Sat, 10 Jun 2023 16:00:27 -0000

The $64,000 Question, Talking Heads & The Russell 2000 Index

The Money Wise guys kick off this week’s show with a look back at last week’s numbers from Wall Street. The Dow was up 0.3%, the S&P 500 was up 0.4, and the NASDAQ was up a slight 0.1%. YTD the Dow is up 2.2%, the S&P 500 is up 12%, and the NASDAQ is still taking the lead, with an increase of 26.7%. This week began with a Monday where we saw a bit of a sentiment shift from investors, with some undervalued areas like the Russell 2000 starting to be bought, along with some value stocks. This wider breadth fell back as the week went on, though, with sell-offs of both value and small-cap stocks. The Money Wise Guys explain that the $64,000 question is: When are we going to get the rest of the market to participate? They discuss whether next week’s Fed meeting will make a difference if they hit “pause” on rate hikes, and they consider what the next new set of quarterly earnings will mean for the markets, too.

A Primer on the Russell 2000 Index

Since the guys mention the Russell 2000 Index during this week’s show, it’s a great time to get back to basics and with a primer on what it is. The Russell 2000 Index is made up of small-cap U.S. stocks. Specifically, it’s the smallest 2,000 stocks in the Russell 3000 Index. The Russell 2000 Index is often considered a key economic indicator, and you’ll often find it cited alongside the three major indices. To learn more about the Russell 2000 Inxex, check out this informative piece from Bankrate and this detailed description from Seeking Alpha.

In the second hour, the Money Wise guys engage in an RIA vs. Broker discussion. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

A Brief History of NASDAQ, Utilizing Undervalued Stocks, & Investor Psychology

Sat, 03 Jun 2023 14:33:59 -0000

A History of NASDAQ Trends & Undervalued Stocks

This week brings with it another action-packed episode of Money Wise and, as always, the guys kick it off with a look at last week’s numbers from Wall Street. The Dow was up 2.0%, the S&P was up 1.8%, and the NASDAQ was up 2.0%. Year-to-Date all markets are on the rise with the Dow up 1.9%, the S&P up 11.5%, and the NASDAQ up 26.5%. The guys also share an interesting new statistic, through the first 100 trading days of 2023, the NASDAQ has been up over 20% YTD – for just the fifth time in its history. The guys take time to discuss the history of the NASDAQ as well as some interesting statistics emerging out of the S&P that they think we can learn from. For the Money Wise guys, what we’re seeing statistically out of the S&P is due to 10 primary stocks that are driving more than 90% of the return YTD. They discuss how AI has helped accelerate the situation with NASDAQ and the performance we’re seeing with the S&P and what this all means for the home investor. The guys delve into this area of stocks that are fundamentally solid but getting no love in the markets because of AI’s influence and how the individual investor may be able to capitalize on these undervalued stocks.

Using the History of NASDAQ to Make Sense of Current Trends

The thing about investing is that, although the markets are unpredictable, there’s plenty we can learn from the past to help give us a better sense of how they are performing currently, and how they may perform in the future. That’s why the Money Wise guys spend so much time this episode exploring the history of NASDAQ and all the times we’ve seen trends occur that are similar to what we’re witnessing now. NASDAQ is an acronym that stands for “National Association of Securities Dealers Automated Quotations,” however, it is also commonly used to reference the Nasdaq Composite which is an index of over 3,700 stocks listed on the NASDAQ exchange. Some of the stocks you may be most familiar with are Apple Inc., Microsoft, Google, and Amazon.com. Since the creation of NASDAQ in 1971, there have only been four other years where the NASDAQ index was up 20% or more in its first 100 days - 1975, 1983, 1986, and 1991. What stands out to the guys when looking at this statistic is that, for three out of those four years, the NASDAQ ended up being lower by the end of the year than it was at the 100th trading day. Therefore, if we are to learn anything from these statistics, it’s that we may want to remain cautious in believing that the NASDAQ will close out the fourth quarter as strongly as it has closed out the first.

In the second hour, the Money Wise guys discuss Investor Psychology. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

The AI Steam Engine, Investor FOMO & What Wall Street Won’t Tell You

Sat, 27 May 2023 16:00:08 -0000

The AI Halo Effect & Investor FOMO

The Money Wise guys are back with another jam-packed show! They begin with last week’s numbers from Wall Street. The Dow was down 1.0%, the S&P 500 was up 0.3%, and the NASDAQ was up 2.5%. Year-To-Date the Dow is down slightly, while the S&P 500 and the NASDAQ are both up. The guys discuss the big performance difference between the Dow and NASDAQ - a more than 24% difference YTD - which is a reversal from what we saw last year. Of course, AI has been the steam engine for the S&P 500 and the NASDAQ this year, and the Money Wise guys once again discuss that impact, reviewing what we see when we look at the equally weighted index. They discuss the efficiencies AI will create across industries worldwide, whether investors are having FOMO, and how this emerging “AI Halo” compares to the Dot-Com bubble.

Emerging Term to Know: AI Halo

It’s the first show where the Money Wise guys have used the emerging term “AI Halo” so let’s dig into exactly what that means. A Halo Effect describes a scenario where investors show favoritism to stocks that are tied to a specific industry or product. The AI Halo implies that investors are currently favoring buying any company with even a pinky finger in AI. Are you experiencing the AI Halo in your own investment decisions?

In the second hour, the Money Wise guys share the secrets of What Wall Street Won’t Tell You. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

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NASDAQ Rising, The S&P 500 Equal Weight Index & 5 Things Every Retirement Portfolio Should Have

Sat, 20 May 2023 16:00:26 -0000

NASDAQ Rising & The S&P 500 Equal Weight Index

The Money Wise guys kick off the show with a rapid-fire market recap. Last week saw the Dow up, the S&P 500 up, and the NASDAQ up. YTD all three remain up, with the NASDAQ still up by double digits - 20.9%, to be exact. The AI craze has taken control of the market this year, fueling a meteoric rise for the NASDAQ. The guys discuss a few stocks leading the charge, plus what the S&P 500 Equal Weight Index looks like - and which tells more of the true story. The guys also discuss whether we’ve seen so few stocks driving so much market performance for more than a quarter, how much investors should put in stocks now, and so much more.

What is the S&P 500 Equal Weight Index?

In several of the past episodes, the Money Wise guys have touched on the importance of examining the S&P 500 Equal Weight Index, and it’s a point of conversation in this episode, too. The S&P 500 Equal Weight Index is, essentially, the opposite of Market Weight, where each slice of the S&P 500 pie is cut based on market cap. When you look at the S&P 500 Equal Weight Index, you get a truer picture of the index’s performance. Currently, the S&P 500 Equal Weight Index shows us that a few stocks are driving approximately 90% of the index’s performance. (Hint: They’re all AI-driven!)

In the second hour, the Money Wise guys discuss 5 Things Every Retirement Portfolio Should Have you should know. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

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Debt Ceiling Drama, AI Fear-Mongering & Retiree Spending Rules

Sat, 13 May 2023 16:00:15 -0000

Debt Ceiling Drama & Fears About the Potential for an AI Bubble

It’s another action-packed episode of Money Wise and the guys kick it off with a look at last week’s numbers from Wall Street. The Dow was down 1.1%, the S&P 500 was down 0.3%, and the NASDAQ was up 0.4%. YTD the Dow is up 0.5%, the S&P is up 7.4%, and the NASDAQ is still leading the pack at 17.4% positive returns. The Money Wise guys discuss how growth funds are still taking the lead, what all the profit-taking has meant for the market, and the impacts of a potential AI bubble. Other topics include continued narrow participation, fear-mongering news stories surrounding AI technology, and whether we’re seeing buyer’s strike across the board. The guys also discuss debt ceiling doom, how current market conditions favor traders over investors, and why it’s important to continue to be extremely cautious.

What Does an ‘AI Bubble’ Mean?

The guys discuss a potential AI bubble in this episode when discussing how just a few stocks are driving gains - and they’re the stocks connected in some way to Artificial Intelligence (AI). Now, to officially name an AI bubble, we would have to see these five stages come to fruition, but we may be on our way. A potential AI bubble could be burst, however, by the continued fear-mongering we’re seeing in the financial press regarding AI technology.

In the second hour, the Money Wise guys share Retiree Spending Rules you should know. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

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More Regional Bank Drama, Short Selling Concerns & The Dangers of EIAs

Sat, 06 May 2023 16:00:02 -0000

More Regional Bank Drama & Short Selling Concerns

What a week on Wall Street! The Money Wise guys start the show with a recap of last week’s numbers across the three major indices. The Dow was down 1.2% and the S&P 500 was down 0.8%, while the NASDAQ ended the week up slightly. The Dow is up on the year, as is the S&P and the NASDAQ. We had an attack of the Fridays once again, but a good one this time. It didn’t quite get us back to positive range for the Dow and S&P, but it helped the market overcome considerable drama early in the week due to more regional bank failings, plus the Fed meeting on Wednesday. Many investors are experiencing 2008 fears again and it showed in the market early last week. For example, an exchange-traded fund that contains hundreds of regional banks and it took another kick in the pants due to short selling. The guys discuss why it may be time for a moratorium on short selling, and why regulators should take action.

What is Short Selling?

Short selling occurs when a trader borrows shares of a stock or other asset that they believe will decrease in value, then they sell in the hopes of being able to buy the shares back for far cheaper. Short selling can lead to a lack of confidence in a stock, which is what we’ve seen happening with short selling around several regional banks. You can read more about the pros and cons of short selling here, as well as the moratorium on short selling back in 2008 during the financial crisis and why it was important.

In the second hour, the Money Wise guys share The Dangers of Equity Indexed Annuities (EIAs). You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

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A Perplexing Market, Examining Relative Strength & The Best Investment Advice Ever

Sat, 29 Apr 2023 16:00:16 -0000

A Perplexing Market & Examining Relative Strength

John Davidson is back for this week’s episode of Money Wise - and he’s on fire! The guys start the show with last week’s numbers from Wall Street before moving into some stunning examples of high relative strength despite poor statistics. The Dow was up 0.9%, the S&P 500 was up 0.9%, and the NASDAQ was up 1.3%. The Dow is up on the year, as are the S&P and the NASDAQ. The Money Wise guys discuss a market that continues to be perplexing, with volume still on the decline. They share what it means when the only people in the market are “renters” not investors, before giving some statistics that are shocking, to say the least. As an example, John shares earnings for Meta and some other big-name companies with surprising year-over-year earnings numbers and no sales growth - yet they’re still out-performing 98% of the rest of the market. The guys discuss what a stock’s relative strength means, and how current market conditions are playing into the market being trapped in a tight trading range.

What is the Relative Strength Index?

According to Investopedia, relative strength is a momentum indicator. Officially termed the relative strength index, or RSI, it’s often used in the technical analysis of stocks. Relative strength measures the speed and magnitude of a security’s recent price changes to evaluate overvalued or undervalued conditions. Relative strength is measured on a scale of zero to 100, with 100 being the strongest.

A Snoozer of a Week, The Market Cha-Cha & 10 Myths of Retirement Planning

Sat, 22 Apr 2023 16:00:41 -0000

A Snoozer of a Week, The Market Cha-Cha, and Low Volume (Again)

The Money Wise guys are back in the studio, kicking off the show with last week’s numbers from Wall Street. The Dow was down, the S&P 500 was down, and the NASDAQ was down, though all three indices were down by less than half a percent. Year-To-Date the Dow is up, the S&P 500 is up, up the NASDAQ remains up by a pretty massive 15.3%. Overall, it was a snoozer of a week, and the Money Wise guys analyze the lighter volume trends we’ve seen going back to the beginning of April. In fact, they haven’t seen volume consistently this low for more than a year. So, where is everybody? Are investors sitting on the sidelines trying to handicap the un-handicapable? The guys discuss whether the market is waiting for Big Cap Tech numbers next week to increase volume, or further commentary from the Fed on interest rates. Regardless, we seem to be in a holding pattern at the moment, still caught in a technical trading range - a market cha-cha, you might say!

Let’s Talk About Volume

What does “volume” mean when we’re talking about the markets anyway? The Money Wose guys use the term frequently, and it’s a simple concept. Volume is the number of shares traded in a particular stock, index, or type of investment over a period of time. In this case, the Money Wise guys are referring to low volume across the three major indices. Low trading volume can indicate a lack of interest in either buying or selling, and you can learn more in this Investopedia article.

In the second hour, the Money Wise guys take you through 10 Myths of Retirement Planning. Are they throwing YOU off course? You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Inflation News, Banking Shifts, Quantitative Tightening & A Retirement Readiness Quiz

Sat, 15 Apr 2023 16:00:11 -0000

Inflation News, Banking Shifts, and Quantitative Tightening

The Money Wise guys start this week’s show with a rapid-fire market recap. Last week showed the Dow up 1.2%, the S&P 500 up 0.8%, and the NASDAQ up 0.3%. YTD the Dow is up 2.2%, the S&P 500 is up 7.8%, and the NASDAQ is up 15.8%. It was a very busy week with inflation data and, all in all, things are moving in the right direction. Year-over-year inflation is at its lowest rate in nearly two years, and the CPI and PPI numbers contributed to some positive sentiment for the markets. The guys also discuss retail sales and industrial production numbers, noting that industrial production was above expectations. The guys also discuss interest rates increasing a bit, why that could be happening, and continuing shifts they’re seeing in the banking industry. Warren Buffet says he expects more bank failures in 2023, but what does that mean? The guys mete it out and discuss possibilities, looking at the Fed’s quantitative tightening, too.

A Primer on Quantitative Tightening

Since the guys dig a bit into the specifics of quantitative tightening in this episode, it’s a good time for a quick review of what it all means. Quantitative tightening is a contractionary monetary policy tool designed to reduce the Federal Reserve balance sheet. Also known as balance sheet normalization, quantitative tightening is the opposite of quantitative easing. In the second hour, the Money Wise guys share a helpful “Are You Ready for Retirement?” quiz. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Q1 in Review, A Possible Reflex Rally & Registered Investment Advisor vs. Broker

Sat, 08 Apr 2023 16:00:37 -0000

Q1 in Review & A Possible Reflex Rally for the NASDAQ

The Money Wise guys are back in the studio after a week off, and there’s much to discuss. First, they dig into last week’s numbers from Wall Street: The Dow was up slightly, the S&P 500 was down a bit but near-flat, and the NASDAQ was down. Year-To-Date, the Dow is up 1%, the S&P 500 is up 6.9%, and the NASDAQ is up 15.5%. The guys also review the Q1 numbers, which show the Dow up slightly, the S&P 500 up 7%, and the NASDAQ up just shy of 17%. It’s been some time since the NASDAQ was up that much, and the guys talk about what’s driving this movement. They discuss whether it was a reflex rally, overdue belt-tightening, or gains made by several tech names associated with AI that are driving up the entire index from a valuation viewpoint. The guys also discuss why we probably can’t annualize that growth for the NASDAQ and why they still anticipate seeing some type of recession later this year.

What Do the Money Wise Guys Mean by a Reflex Rally?

While the term “reflex rally” is not widely used, the Money Wise guys use it in the context of the NASDAQ’s Q1 performance in this show. In this case, a reflex rally refers to the NASDAQ’s seeming meteoric rise that may amount to a bounce-back after a period of significant decline - which we saw in 2022. A reflex rally could be due to technical factors, or fundamental ones. Check out the full show for more context on the reflex rally the NASDAQ may be experiencing now.

In the second hour, the Money Wise guys discuss Registered Investment Advisors vs. Brokers. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

The Attack of the Yellen, A Credit Contraction & Investor Psychology

Sat, 25 Mar 2023 16:00:58 -0000

The Attack of the Yellen and a Credit Contraction

The Money Wise guys kick off this week’s show with a review of last week’s numbers from Wall Street before diving into Fed comments, a credit contraction, and more. The Dow was up 1.2%, the S&P 500 was up 1.4%, and the NASDAQ was up 1.7%. Year-To-Date, the Dow is down 2.7%, but the other two major indices are in the black, with the S&P 500 up 3.4% and the NASDAQ up 13%. The guys jump right into some spicy political commentary and explain why they consider last week a product of an Attack of the Yellen - and they offer a reminder that words have consequences. They also share recent Fed comments and last week’s decision to raise interest rates by a quarter percent, and Kyle and Jeff spar over whether the comments were actually more dovish or not. The Money Wise guys also explain why the market is still a cat on a hot tin roof, totally focused on the banking sector and feeling edgy. They also share Fed Chairman Powell’s quotes about a credit contraction and what consumers might expect.

So, What is a Credit Contraction?

Also sometimes called a credit crunch, a credit contraction describes a decline in consumer lending activity by financial institutions. A sudden shortage of funds usually brings on a credit contraction, and it will often coincide with a recession - which we are NOT in right now. However, with multiple banking failures in recent weeks, many banks and other lending institutions are wary of their own potential bankruptcies or defaults. For borrowers, a credit contraction results in higher interest rates. The Money Wise guys discuss the rate-raising cycle, whether rates may reverse soon, and the exact quote that Fed Chairman Powell made on a credit contraction and its economic consequences.

In the second hour, the Money Wise guys share interesting Investor Psychology insights. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

More on Regional and Super-Regional Banks, Unnecessary Fear-Mongering & What Wall Street Won’t Tell You

Sat, 18 Mar 2023 16:00:16 -0000

Regional and Super-Regional Banks, Fear-Mongering, and Non-Traded REITs

The Money Wise guys are back to continue the conversation on many of last week’s topics, but they begin with last week’s numbers from Wall Street. The Dow was down slightly, the S&P 500 was up 1.4%, and the NASDAQ was up 4.4%. YTD the Dow is down 3.9%, the S&P 500 is up 2.0%, and the NASDAQ is up 11.1%. Regional and super-regional banks are once again the main topic of conversation, and the guys discuss how much of the conservative media is over-dramatizing the situation and causing unnecessary fear. They also dig into the element of marketing that exists within this conversation because many of the far-right-leaning programs are promoting gold and other types of investments. The Money Wise guys remind listeners to beware of “guarantee” - the g-word that should always cause skepticism. As an example, they discuss an ad for non-traded REITs with a “guaranteed” 10% return.

What are Non-Traded REITs?

Since the guys spend some time on this topic, let’s dig into what Non-Traded REITs are anyway. A REIT is a Real Estate Investment Trust, and so a Non-Traded REIT refers to one that is not listed and traded on a public exchange. According to the Corporate Finance Institute, Non-Traded REITs allow investors to access diversified real estate investments with little capital requirements and added taxation benefits. Though this might sound good on its face, the Money Wise guys share why Non-Traded REITs are the second-worst thing for your portfolio (after annuities). With a 40-60% occupancy for office space these days, they doubt any investors in these particular Non-traded REITs were getting a 10% “guaranteed” return.

In the second hour, the Money Wise guys give you a peek behind the curtain as they share What Wall Street Won’t Tell You. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Interest Rate Fantasies, A Bank Failure & 5 Things Every Retirement Portfolio Should Have

Sat, 11 Mar 2023 17:00:26 -0000

Interest Rate Fantasies & The Silicon Valley Bank Failure

The Money Wise guys are back in the studio for another rapid-fire market update. Last week’s numbers from Wall Street showed the Dow down 4.4%, the S&P 500 down 4.5%, and the NASDAQ down 4.7%. Year-to-date, the Dow is down 3.7%, the S&P 500 is up 0.6%, and the NASDAQ is up 6.4%. There's a lot to unpack in this week’s show and the guys start with the Fed Chairman’s more hawkish statements and how they dashed interest rate fantasies. The Money Wise guys discuss data dependency and elaborate on how the market reacted - and why they aren’t surprised that rates won’t be cut any time soon. The guys also dig into the Silicon Valley Bank failure, how it happened, how it changed the market, and much more.

Silicon Valley Bank Failure in Brief

It all started with a press release last Thursday, in which Silicon Valley Bank (SIVB) said it was issuing more shares of stock. This has the impact of diluting existing shareholders but doesn’t in itself lead to a bank failure. However, by Friday, regulators had taken over and it was clear that the Silicon Valley Bank failure was happening. The Money Wise guys discuss how a huge investment in long-term Treasury instruments spelled the beginning of the end, what the Silicon Valley Bank failure meant for those it served, how the federal government stepped in to protect depositors, and more.

Check out this PBS article on the Silicon Valley Bank failure for more.

In the second hour, the Money Wise guys are discussing Five Things Every Retirement Portfolio Should Have. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

No New Bull Market Yet, Moving Averages & Retiree Spending Rules

Sat, 04 Mar 2023 17:00:03 -0000

No New Bull Market Yet, Moving Averages & Retiree Spending Rules

It’s another action-packed episode of Money Wise, and the Money Wise guys kick it off with a review of last week’s numbers from Wall Street. The Dow was up 1.7%, the S&P 500 was up 1.9%, and the NASDAQ was up 2.6%. Year-To-Date the Dow is back in the black, and the S&P 500 and the NASDAQ are also up. All three major indices are still meandering back and forth in a trading range, and the guys talk about moving averages and why we’re not yet in a new bull market. Original Money Wise host John Davidson sits in for Jeff this week, and the talk turns political early in the show.

Moving Averages 101

With all the tech talk on moving averages, this concept deserves a deeper dive. According to the Corporate Finance Institute, moving averages are technical indicators that investors and traders use to determine the trend direction of securities. Moving averages are calculated by adding up all the data points during a specific period and dividing the sum by the number of time periods. Moving averages help technical traders to generate trading signals. You’ll often hear the Money Wise guys discussing 200-day moving averages and 50-day moving averages. When the market is trading back and forth within these moving averages, you’ll hear the guys call it a trading range - and we’ve been stuck in this one for some time now. Will we come out of it anytime soon? Keep tuning in each week for all the updates!

In the second hour, the Money Wise guys are discussing Retiree Spending Rules. Are you following them? You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

The Bears Are Mauling & The Dangers of Equity Indexed Annuities

Sat, 25 Feb 2023 17:00:57 -0000

The Bears Are Mauling & The Dangers of Equity Indexed Annuities

The Money Wise guys are back at it, kicking off the show with a review of last week’s numbers from Wall Street. The Dow was down 3.0%, the S&P 500 was down 2.7%, and the NASDAQ was down 3.3%. YTD the Dow is now down 1.0%, with the S&P 500 and the NASDAQ still in the black. The Money Wise guys discuss why the Dow rolled over and went into the red, why they didn’t trust the run-up that January gave us, the hotter CPI, PPI, and CPE numbers, and so much more.

What is the CPE?

We mention CPE several times in this episode. It's a buzzword we’ve discussed quite a bit in recent weeks, too, so let’s dig into the details of what it means.

First of all, CPE stands for Consumer Personal Expenditures Index. According to the Bureau of Economic Analysis, the CPE is a measure of prices that people living in the United States, or those buying on their behalf, pay for goods and services. It’s released each month as part of the Personal Income & Outlays report. The PCE price index is known for capturing the impact of inflation across a wide range of consumer expenses. In times of deflation, the CPE captures the impact of lowered inflation, too.

In the past, the Federal Reserve used Core CPE as the most important data point in measuring the impact of inflation and setting monetary policy. However, as we discussed in last week’s show, the CPE has been replaced by the Fed’s newest measure: Supercore Inflation.

In the second hour, the Money Wise guys share warnings as they discuss the very real dangers of Equity Indexed Annuities. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

The Fed Invents ‘Supercore Inflation’ & The Best Investment Advice Ever

Sat, 18 Feb 2023 17:00:12 -0000

The Fed’s Latest Measure of Inflation is a New Buzzword: Supercore Inflation

The Money Wise guys are back in the studio with another candid episode featuring plenty of analysis and critical questions. They start with last week’s numbers from Wall Street, which saw the Dow down slightly, the S&P 500 down slightly, and the NASDAQ up. All three major indices remain up YTD. The guys are discussing the F Word today - that's right, the Federal Reserve was chock full of data points in their most recent communications, including the invention of a new measurement for inflation. It’s called “supercore inflation” and it seems to replace the previous data points the Fed used to make decisions on monetary policy (Core CPE and CPI). The guys discuss why the Fed has moved the goalposts yet again, getting critical about the decision to use supercore inflation as a metric, and looking at the pros and cons.

A Primer on Supercore Inflation

In the past, the Fed used Core PCE as a measure of inflation, which focused on household goods minus food and fuel. Then, they moved to the Consumer Price Index (CPI), which includes goods and services plus food and fuel. Supercore inflation, however, strips out food, fuel, and housing and focuses only on goods inflation and services inflation. You can learn more about supercore inflation in this recent Forbes article and in this CNN article.

Still Stuck in a Trading Range & 10 Myths of Retirement Planning

Sat, 11 Feb 2023 17:00:12 -0000

Trading Range & the Fed

The Money Wise guys are back again with another rapid-fire market recap. Last week, the Dow was down, the S&P 500 was down, and the NASDAQ was down. YTD the numbers are looking positive, with the Dow up 2.2%, the S&P 500 up 6.5%, and the NASDAQ up 12.0%. There was no economic news last week, though Fed Chairman Powell spoke at a forum and didn’t say anything new. We’re still stuck in a trading range from the technical side, and we’re expecting what could be a hot Consumer Price Index (CPI) number in the coming days. The guys discuss what it may mean, and what the Fed may do next. A trading range is the range between the high and low price of a security within a given period. A stock, for example, will generally have a trading range on any given day that marks the difference between the highest price the stock traded for and the lowest price it traded for.1 In the second hour, the Money Wise guys discuss:

10 Myths of Retirement Planning.

The experts at Davidson Capital will uncover why it is never too early to start planning for retirement, why you should never rely on Social Security alone for your retirement income, why Medicare will not cover many medical necessities as you age, and more retirement planning myths. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management. We have financial advisors in San Antonio & Corpus Christi ready for you to schedule a call.

source: the balance

An Unsustainable NASDAQ, Confusing Fed Verbiage & Your Retirement Readiness Quiz

Sat, 04 Feb 2023 17:00:02 -0000

It was another wacky week for the markets and the Money Wise guys are back to talk you through it. The Dow was down, while the S&P 500 and the NASDAQ were up. The guys revisit the NASDAQ’s incredible January performance which, of course, is unsustainable. They review the Fed’s latest moves and statements, which weren’t particularly hawkish or doveish, and try to make sense of the market’s forward outlook.

In the second hour, the Money Wise guys share the ‘Are You Ready for Retirement?’ quiz. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Why All the Buying, A Fed in the 9th Inning & RIA vs. Broker

Sat, 28 Jan 2023 17:00:58 -0000

The original Money Wise guys are back in action for this show, as Joe takes a week off. Last week’s market recap is positive, with all three major indices up. The Dow was up 1.8%, the S&P 500 was up 2.5%, and the NASDAQ was up 4.3%. YTD these three indices are up 2.5%, 6.0%, and 11.0%, respectively. The guys dive into the technicals and discuss why we’re still seeing lighter volume, who exactly is doing all the buying, and whether we will have two back-to-back negative years in the market.

In the second hour, the Money Wise guys talk through the critical differences between a Registered Investment Advisor (RIA) and a broker. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Caught in a Trading Range, an Earnings Salad & Investor Psychology

Sat, 21 Jan 2023 17:00:33 -0000

The Money Wise guys kick off the show with a recap of last week’s numbers from Wall Street, and it was a bit of a mixed bag. The Dow was down 2.7%, the S&P 500 was down 0.7%, and the NASDAQ was up 0.6%. YTD all three indices remain up. The way the year kicked off was not sustainable, and the market seems caught in a trading range it just can’t break through. The guys talk through the technicals, explain why last week’s earnings reports were a salad instead of a main course, and so much more.

In the second hour, the Money Wise guys dig into the importance of understanding Investor Psychology. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Fed Up with the Fed, Silver Linings from 2022 & What Wall Street Won’t Tell You

Sat, 14 Jan 2023 17:00:18 -0000

The Money Wise guys are back in the studio with another rapid-fire market recap. Last week, the Dow was up 2%, the S&P 500 was up 2.7%, and the NASDAQ was up 4.8%. YTD all three major indices remain up. John Davidson joins the show once again for the first time in six months, bringing political commentary and sharing his frustrations with the Federal Reserve. The guys also discuss the market’s struggles in 2022 and the silver linings we’re seeing now, as well as moves the Davidson Cap team is making for their clients in order to generate returns.

In the second hour, the Money Wise guys dive deep into What Wall Street Won’t Tell You. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

The First Trading Days of 2023, An Attack of the Fridays & 5 Things Every Portfolio Should Have

Sat, 07 Jan 2023 17:00:41 -0000

The Money Wise guys kick off 2023 with a rundown of last week’s numbers from Wall Street. The first four trading days of 2023 showed the Dow up 1.5%, the S&P 500 up 1.4%, and the NASDAQ up 1%. We had our first attack of the Fridays for the year, with what appeared to be due to a short covering rally related to average employment earnings revisions. We’ve still got earnings staring us in the face and upcoming CPI numbers, and a Fed with no immediate plan to stop raising interest rates. The guys discuss it all, plus so much more.

In the second hour, the Money Wise guys discuss the 5 Things Every Portfolio Should Have. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Putting 2022 in the Rearview & Retiree Spending Rules

Sat, 31 Dec 2022 17:00:28 -0000

It’s the last show of 2022, and the Money Wise guys are ready to leave this year in the rearview! Last week saw the Dow down, the S&P 500 down, and the NASDAQ down. In Q4 of 2022, the Dow and the S&P were up, though the NASDAQ was down. YTD, all three indices remain down. It’s a statistic-heavy show, as the guys share where 2022 fell in the historical context of poor stock and bond performance, and they share why they’re looking forward to 2023.

In the second hour, the Money Wise guys share the Retiree Spending Rules you need to know. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Market Algorithms, Coal in the Stocking & 10 Myths of Retirement Planning

Sat, 24 Dec 2022 17:00:59 -0000

The Money Wise guys are back in the studio on Christmas Eve to share last week’s numbers from Wall Street. The Dow was up 283 points, the S&P 500 was down 8 points, and the NASDAQ was down 208 points. YTD the Dow remains down 8.6%, the S&P 500 is down 19.3%, and the NASDAQ is down 32.9%. We haven’t had a negative December since Q4 of 2018, but we’re looking at some coal in the stocking this year. There was quite a bit of activity in the second to last trading week for 2022, with the algorithms reacting to the Q3 GDP being revised up. The guys discuss why they want to put 2022 in the rearview and never revisit it, what we might expect in 2023, and why you must always approach your investments from a balance philosophy.

In the second hour, the Money Wise guys discuss the Top 10 Myths of Retirement Planning. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Approaching the Bear, No Santa Claus Rally This Year & A Retirement Readiness Quiz

Sat, 17 Dec 2022 17:00:16 -0000

Jeff and Joe are in the studio this week to share last week’s numbers from Wall Street. The Dow was down 1.7%, the S&P 500 was down 2.1%, and the NASDAQ was down 2.7%. YTD the Dow is down 9.4%, the S&P 500 is down 19.2%, and the NASDAQ is down 31.6%. We’re just a smidge away from Bear Market territory and the Q4 rally seems to be over. With just a few weeks left in the calendar year, the MoneyWise guys share why they don’t expect a Santa Claus Rally at the end of the year, how the markets reacted to last week’s Fed comments, and why Q4 was strong even though we’re approaching Bear Market territory.

In the second hour, the Money Wise guys share the ‘Are You Ready for Retirement Quiz.’ You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Back in Trading Range & The Best Investment Advice Ever

Sat, 10 Dec 2022 17:00:44 -0000

The Money Wise guys kick off this week’s show with a rapid-fire market recap. The Dow was down 2.8% last week, the S&P 500 was down 3.4%, and the NASDAQ was down 4%. YTD all three remain down. We’re back in trading range once again, stuck between the 200-day moving average and the 50-day moving average, and all three major indices are having a positive quarter - though the NASDAQ is still lagging. The guys discuss the role of inflation, last week’s Producer Price Index numbers, and so much more.

In the second hour, the Money Wise guys help you level up with the Best Investment Advice Ever. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

An Emotional Market, a Davidson Cap Anniversary & Equity Indexed Annuities

Sat, 03 Dec 2022 17:00:06 -0000

The Money Wise guys are back after a two-week hiatus, during which time there were plenty of ups and downs on Wall Street. Jeff, Joe, and Kyle kick off the show with last week’s market recap, which showed the Dow, the S&P 500, and the NASDAQ all up slightly. Year-to-Date, the Dow is down 5.3%, the S&P 500 is down 14.6%, and the NASDAQ is down 26.7%. November was a good month for investors overall, with plenty of ups and downs as the market showed its emotions about China, the Fed, jobs numbers, and more. The guys hash it all out, while also celebrating Davidson Cap’s 34th year of managing money for investors in Texas, making them well-seasoned like a good Thanksgiving turkey.

In the second hour, the Money Wise guys share crucial information about the dangers of Equity Indexed Annuities. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Send us your feedback online: https://pinecast.com/feedback/moneywise/e5ea34c2-936e-4d4e-a04d-a837793909ea

Digesting the Elephant One Bite at a Time & Understanding RIAs vs. Brokers

Sat, 12 Nov 2022 17:00:59 -0000

Jeff, Joe, and Kyle are back in the studio to kick off the show with a rapid-fire market update. The Dow was up 4.1%, the S&P 500 was up 5.9%, and the NASDAQ was up 8.1%. While all three remain down YTD, investors have enjoyed several positive weeks in a row. The week that just passed was highly influenced by the midterm elections, and the Money Wise guys break it all down and discuss what we might expect to happen next.

In the second hour, the Money Wise guys dive into an RIA vs. Broker discussion to share important differences. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Send us your feedback online: https://pinecast.com/feedback/moneywise/4976fbf2-0d37-4d3c-b99f-19ec12010b54

The Dogs of the Dow are Biting & Investor Psychology

Sat, 29 Oct 2022 16:00:14 -0000

Jeff, Joe, and Kyle kick off the show with last week’s market update. The Dow was up 5.7%, the S&P 500 was up 4%, and the NASDAQ was up 2.2%. YTD the Dow is down 9.6%, the S&P 500 is down 18.2%, and the NASDAQ is down 29%. The Dow was really on fire last week - and for the whole month of October. The Money Wise guys discuss the reason for the surge, whether there’s still a shoe to drop, mixed earnings, the upcoming seasonality effect, and so much more.

In the second hour, the Money Wise guys share important lessons on Investor Psychology. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Send us your feedback online: https://pinecast.com/feedback/moneywise/7e80d607-8d8e-4e06-9d88-d83fa60530f7

Friday Gains, Fed-Speak & What Wall Street Won’t Tell You

Sat, 22 Oct 2022 16:00:14 -0000

Jeff, Joe, and Kyle are back in the studio sharing last week’s market movements. The Dow was up 4.9%, the S&P 500 was up 4.7%, and the NASDAQ was up 5.2%. YTD, all three remain in the red. We had a slight attack of the Fridays last week, with gains across the board at the end of the week. The biggest question is, will it hold? The Money Wise guys discuss the issue from all sides in this engaging episode.

In the second hour, the Money Wise guys pull back the curtain and share What Wall Street Won’t Tell You. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Send us your feedback online: https://pinecast.com/feedback/moneywise/3c696024-a022-4eae-abfb-f4ee1f4722ec

A Wild Reversal, Tax-Loss Harvesting & 5 Things Every Portfolio Should Have

Sat, 15 Oct 2022 16:00:34 -0000

Jeff, Joe, and Kyle kick off the show with last week’s market recap. The Dow was up 1.2%, the S&P 500 was down 1.6%, and the NASDAQ was down 3.1%. All three indexes remain down in double digits year-to-date. Last week featured a Thursday rip-your-face-off, short-covering, technical bounce rally after the S&P dipped below 3500, but it didn’t hold on Friday. It was one of the top five reversals in history - on absolutely no news. The Money Wise guys discuss what happened, why investors should be thinking about tax-loss harvesting right now, and much more.

Send us your feedback online: https://pinecast.com/feedback/moneywise/00474688-85ec-43b2-99e2-026e49e90751

A Short Covering Rally, Lower Unemployment & Retiree Spending Rules

Sat, 08 Oct 2022 16:00:53 -0000

Jeff, Joe, and Kyle are back in the studio after a week where we eeked out some gains due to strong Monday and Tuesday buying. The Dow was up 2% on the week, the S&P 500 was up 1.5%, and the NASDAQ was up 0.7%. All three remain down YTD. Above-average buying on Monday and Tuesday led to a week of gains, despite down days later in the week. The Money Wise guys explain why they consider it a short covering rally, and why it was promptly followed by a three-day decline punctuated by remarks from the Fed. They also discuss how the markets reacted to September’s unemployment numbers.

In the second hour, the Money Wise guys share the Retiree Spending Rules you should follow. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Send us your feedback online: https://pinecast.com/feedback/moneywise/88235277-8d0d-4fb7-b7f4-d298e5586032

How September Ruined the Quarter & 10 Myths of Retirement Planning

Sat, 01 Oct 2022 16:00:57 -0000

Jeff, Joe, and Kyle kick off the show with their customary rapid-fire market recap. Last week saw the Dow down 2.9%, the S&P 500 also down 2.9%, and the NASDAQ down 2.7%. We just finished Q3, which saw the Dow down 6.7%, the S&P 500 down 5.3%, and the NASDAQ down 4.1%. Year-to-date, all three major indexes remain down by greater than 20%, and we’ve hit new closing lows for all three. The guys discuss how September out-performed its own historical downside, ruining an otherwise positive quarter, and where we may go from here. What’s an investor to do? The guys talk it out, covering interest rates, inflation, market algorithms, and much more.

In the second hour, the Money Wise guys share their top 10 Myths of Retirement Planning. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Send us your feedback online: https://pinecast.com/feedback/moneywise/26aee910-52af-40b5-8f2f-44e7b79012ac

TINA is Dead, the Bear Market Continues & How to Know You’re Retirement Ready

Sat, 24 Sep 2022 16:00:47 -0000

Jeff, Joe, and Kyle are back with another week of market updates and hot takes on the issues that matter most to you. Last week, the Dow was down, the S&P 500 was down, and the NASDAQ was down. It’s more of the same YTD, with all three significantly in the red. The Money Wise guys explain why the old adage of “TINA” is dead, and why something else has come back from the dead - the 60/40 portfolio. The guys talk about why the June low didn’t hold, what the Fed is saying now, and how the Dow got to a new closing low.

In the second hour, get ready to take the “Are Your Ready for Retirement” quiz. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Send us your feedback online: https://pinecast.com/feedback/moneywise/8681dba2-5364-4793-a75e-7a3252f280f2

The Chickens Are Coming Home to Roost & The Best Investment Advice Ever

Sat, 17 Sep 2022 16:00:01 -0000

Jeff, Joe, and Kyle kick off the show with their customary market update. Last week saw the Dow down 4.1%, the S&P 500 was down 4.8%, and the NASDAQ was down 5.5%. All three remain down YTD. The guys get a bit political as they discuss a tough week for investors, the Consumer Price Index (CPI) numbers, the Fed, and more. They encourage listeners to always “vote your wallet” but spar about economic realities regardless of political party. They dig into why the CPI report was so impactful this time around, the unwinding of call option trades, and the positive moves the financial press didn’t report.

In the second hour, the Money Wise guys share what can only be called “The Best Investment Advice Ever.” You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Send us your feedback online: https://pinecast.com/feedback/moneywise/4f18061e-9463-4f64-bd2f-9ada1f91ea68

A Short Trading Week, a Churning Market & Fed-Speak That Won’t Quit

Sat, 10 Sep 2022 16:00:28 -0000

Jeff, Joe, and Kyle are back after a week off - and what a week it was. Though it was a short trading week due to Labor Day, the Dow was up 2.7% last week, the S&P 500 was up 3.6%, and the NASDAQ was up 4.1%. For the year, all three remain in the red. It was the first positive week we’ve seen in the last three weeks but, after an August that was down across the board, it’s clear the market can’t make up its mind. The Money Wise Guys discuss whether Fed-speak is to blame or whether there are other factors at play. They also share the changes Davidson Cap made to their portfolios and the magnitude of interest rate changes so far this year.

In a special second half of the show, the Money Wise continue their discussion on interest rates, balanced portfolios, and more. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

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The Word of the Week is ‘Pain’ & The Skinny On Equity Indexed Annuities

Sat, 27 Aug 2022 16:00:14 -0000

Jeff, Joe, and Kyle are in the studio once again to recap last week’s market action. The Dow was down 4.2%, the S&P 500 was down 4%, and the NASDAQ was down 4.4%. YTD all remain down in double digits. Fed chairman Jerome Powell triggered high-frequency trading last week after using the word “pain” twice in the same speech. The MoneyWise guys discuss why this matters and the impact it had. They engage in a lively debate about how much volume matters, what triggered the algorithms, and what we can expect next from the Fed.

In the second hour, the Money Wise guys share reminders on the dangers of Equity Indexed Annuities. Don’t miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Send us your feedback online: https://pinecast.com/feedback/moneywise/97cdafae-1acc-44e9-b1c1-9f42994804d0

A Rollover on the Summer Rally & What Wall Street Won’t Tell You

Sat, 20 Aug 2022 16:00:11 -0000

Jeff, Joe, and Kyle are back at it after a week off and they start the show with a look at last week’s market activity. The Dow was down, the S&P 500 was down, and the NASDAQ was down. Year-to-date, the Dow is down 7.2%, the S&P 500 is down 11.3%, and the NASDAQ is down 18.8%. We’ve experienced a little bit of give-back since the summer rally that began in July, and the guys discuss differing opinions on what that may mean. They provide some technical analysis, discuss the 50-day moving average, touch on investor expectations, and much more.

In the second hour, the Money Wise guys pull back the curtain for a discussion on What Wall Street Won’t Tell You. Don’t miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Send us your feedback online: https://pinecast.com/feedback/moneywise/5b65d47d-0a82-4b04-9ed5-4c19f448d351

Pre-Pandemic Unemployment, A Perversion of the Markets & RIA vs. Broker

Sat, 06 Aug 2022 16:00:00 -0000

Jeff, Joe, and Kyle kick off the show once again with a rapid-fire market update. It was a bit of a mixed bag with the Dow down, the S&P 500 up, and the NASDAQ up. All three major indexes remain down year-to-date. Most of the action last week occurred on Friday, and the Money Wise guys discuss the economic drivers that lead to it. They also discuss why the market sometimes interprets good news negatively, a U6 unemployment rate record, and much more.

In the second hour, the Money Wise guys share the important differences between an RIA vs. a Broker. Don’t miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Send us your feedback online: https://pinecast.com/feedback/moneywise/f8ed8246-ac07-432a-b05a-b3ec00d5e5cc

The Prime Rib of Earnings, Another Fed Meeting & Investor Psychology

Sat, 30 Jul 2022 16:00:07 -0000

Jeff, Joe, and Kyle are back and bringing you another rapid-fire market recap. Last week, the Dow was up 3.0%, the S&P 500 was up 4.3%, and the NASDAQ was up 4.7%. Year-to-Date, the Dow is down 9.6%, the S&P 500 is down 13.3%, and the Nasdaq is down 20.8%. However, July was a big month and all three major indexes ended in the positive on the final trading day of the month. It’s still too early to call the bottom, though we saw a very nice rally last week. The guys share how to dip your toes slowly back into the stock side of the portfolio, and they also discuss the most recent Federal Reserve meeting and big tech earnings.

In the second hour, the Money Wise guys share helpful information on Investor Psychology. Don’t miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Send us your feedback online: https://pinecast.com/feedback/moneywise/f3705936-6288-4c71-9da0-42c9d856b7d8

Stop Calling the Bottom & 5 Things Every Portfolio Should Have

Sat, 23 Jul 2022 16:00:07 -0000

Jeff, Joe, and Kyle are back in the studio with another rapid-fire market recap for last week. The Dow was up 2%, the S&P 500 was up 2.5%, and the NASDAQ was up 3.3%. Though it was a positive week, all three major indexes remain down year-to-date. We enjoyed a nice four-day rally last week, followed by an attack of the Fridays caused by a tipping domino in the tech world. The guys discuss the details and also share their irritation about so many analysts saying that the bottom has been put into the market.

In the second hour, the Money Wise guys discuss 5 Things Every Portfolio Should Have. Don’t miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Send us your feedback online: https://pinecast.com/feedback/moneywise/83892088-3730-4bea-b9ae-867f075a6391

Friday Optimism, Fed Cause and Effect, & Retiree Spending Rules

Sat, 16 Jul 2022 16:00:07 -0000

Jeff, Joe, and Kyle are back at it, starting the show with a market recap that shows all three major indexes down again. The Dow, the S&P 500, and the NASDAQ also remain down YTD. The week was far less negative than it would have been without such a positive Friday, driven by some earnings numbers from stocks and banks. The market also showed some optimism on information from the PPI and its input components, though we saw some CPI hand-wringing. In this episode, the Money Wise guys discuss the possibility of the Fed raising interest rates by a full percent by the end of July, whether we’re starting to see the effects of the Fed’s recent moves, and much more.

In the second hour, the Money Wise guys discuss the Retiree Spending Rules you should follow. Don’t miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Send us your feedback online: https://pinecast.com/feedback/moneywise/bd6b905b-1bf6-4bca-8b6c-2ee7662c9fe5

A Bit of Relief in This ‘Grizzly’ Market & 10 Myths of Retirement Planning

Sat, 09 Jul 2022 16:00:48 -0000

Jeff, Joe, and Kyle kick off the show with their traditional market recap, and the numbers are a bit more positive as we enter the third quarter of 2022. The Dow was up 0.8%, the S&P 500 was up 1.9%, and the NASDAQ was up 4.6%. All three indexes remain down YTD. Investors experienced a bit of relief across the major indexes last week, though we’re still in a bear market. The Money Wise guys discuss the employment report, the S&P 500’s resistance point, the continued downward slope amid aggressive downs and rebounds, the Fed minutes, and more.

In the second hour, the Money Wise guys dive into an important investor education topic and share the 10 Myths of Retirement Planning. Don’t miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Send us your feedback online: https://pinecast.com/feedback/moneywise/98594517-f54e-415f-a995-7904262c7290

A Brutal Second Quarter, Playing Defense & How To Know You’re Ready for Retirement

Sat, 02 Jul 2022 16:00:21 -0000

Jeff, Joe, and Kyle are back with another rapid-fire market recap. The Dow was down 1.3% last week, the S&P 500 was down 2.2% and the NASDAQ was down 4.1%. All three indexes were down for the second quarter of 2022 by double digits. It was the worst quarter since the first quarter of 2020 when COVID-19 hit, and the worst 6 months of the year for the S&P 500 since 1970. In short, it was a brutal second quarter. The MoneyWise guys discuss the portfolio changes they made, and why sometimes all you can do is play defense and put your shields up.

In the second hour, the Money Wise guys help you determine whether you’re ready to leave the working world with the Are You Ready for Retirement Quiz. Don’t miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Send us your feedback online: https://pinecast.com/feedback/moneywise/3fa2f234-403f-4e7b-8d76-e6605d4518a4

A Tranquilizer Dart for the Bear & The Best Investment Advice Ever

Sat, 25 Jun 2022 16:00:38 -0000

Jeff, Joe, and Kyle kick off this week’s show with a market recap that is distinctly more positive than the last few weeks. The Dow was up 5.4%, the S&P 500 was up 6.4%, and the NASDAQ was up 7.5%. All three indexes remain down in double digits YTD. The market gave us a reprieve this week from the big, hairy, smelly bear market as if it was hit with a tranquilizer dart for a short time. The Money Wise guys discuss Friday’s rip-your-face-off rally, how rebalancing came into play, and what they’re talking about in their portfolio strategy meetings.

In the second hour, the Money Wise guys dig into important investor education topics and share the Best Investment Advice Ever. Don’t miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Send us your feedback online: https://pinecast.com/feedback/moneywise/23136700-e065-4f40-9970-24615cf3d302

A Big, Hairy, Smelly Bear, Base Case Predictions & Equity Index Annuities

Sat, 18 Jun 2022 16:00:11 -0000

Jeff, Joe, and Kyle are back at it, this time with a decisively unpleasant market recap. Last week saw the Dow down 4.8%, the S&P 500 down 5.8%, and the NASDAQ down 4.8%. The year-to-date numbers show those three indexes down 17.7%, 22.9%, and 31%, respectively. The S&P 500 officially crossed into bear market territory - a big, hairy, smelly bear - and now we’re all wondering how long it will last. With many predictions being thrown around, what’s an investor to believe? The guys talk dollar-cost averaging, how close we may be to the bottom of the market, earnings, the history of bear markets, and more.

In the second hour, the Money Wise guys share the considerable danger of Equity Index Annuities, sometimes called “hybrid” annuities. Don’t miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Send us your feedback online: https://pinecast.com/feedback/moneywise/5ad6c6d7-89aa-4d7e-a9f5-4a5dda5296fe

The Continued ‘Market Cha-Cha’, CPI Numbers & Registered Investment Advisor vs. Broker

Sat, 11 Jun 2022 16:00:18 -0000

Jeff, Joe, and Kyle are here with another review of last week’s market movements. The Dow was down 4.6%, the S&P 500 was down 5%, and the NASDAQ was down 5.5%. Year-to-Date, the Dow is down 13.6%, the S&P 500 is down 18.2%, and the NASDAQ is down 27.5%. Though we spent the last few trading weeks in the “market cha-cha,” we reached a lower leg last week. The CPI came out on Friday and it was a market-moving number because it had not substantially improved. The Money Wise guys talk about the Thursday sell-down that continued into Friday, how inflation was slightly hotter than expected, and the Fed’s upcoming interest rate increase.

In the second hour, the Money Wise guys discuss the important differences between a Registered Investment Advisor (RIA) and a Broker. Don’t miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Send us your feedback online: https://pinecast.com/feedback/moneywise/4c18fe2f-f1f6-4228-88da-e6ff707951d4

‘No Fun Until the Fed’s Done’ & Understanding Investor Psychology

Sat, 04 Jun 2022 16:00:02 -0000

Jeff, Joe, and Kyle are back at it with a rapid-fire market review to start the episode. The Dow was down last week by just shy of 1%, and the S&P 500 and the NASDAQ were down a little more than 1%. On the year thus far, all three indexes remain down. In yet another attack of the Fridays, we saw a largely positive week end in the red, and the guys share why the Federal Reserve’s continued moves are causing volatility. The Money Wise guys discuss quantitative tightening, roll-off, and adding liquidity back onto the marketplace.

In the second hour, the Money Wise guys are sharing the science on Investor Psychology. Don’t miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Send us your feedback online: https://pinecast.com/feedback/moneywise/65039537-e235-4063-9066-93e6c82d3104

A Rally to Break the Downward Trend & Lower Rates Take High Toll on Retirement

Sat, 28 May 2022 16:00:41 -0000

Jeff, Joe, and Kyle are back in the studio to recap last week’s rally. The Dow was up 6.2%, the S&P 500 was up 6.6%, and the NASDAQ was up 6.8%. Despite the strong week, each of these major indexes remains down year-to-date. We’re still seeing light volume, which means there’s still not much conviction on the sell side or on the buy side. So, the ultimate bottom may still be in front of us. The guys share what this might mean for investors with cash on the sidelines.

In the second hour, the Money Wise guys discuss how Lower Rates Take a High Toll on Retirement. Don’t miss this valuable insight! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Send us your feedback online: https://pinecast.com/feedback/moneywise/eceeef99-ff90-472b-8b02-40628d90c075

A Tough Week with a Ray of Sunshine & Five Things Every Portfolio Should Have

Sat, 21 May 2022 16:00:28 -0000

Jeff, Joe, and Kyle are back to analyze another week’s market movements. The Dow was down 2.9%, the S&P 500 was down 3.0%, and the NASDAQ was down 3.8%. All three indexes are still in the red for the year. It was another tough week on Wall Street, but the Money Wise guys discuss a ray of sunshine that came late Friday. They examine the big reversals and discuss possible reasons, including options expiration day. The guys also share what the analysts are saying about a potential retracement, and the gamut of reasons retail earnings significantly missed their expectations.

In the second hour, the Money Wise guys discuss the Five Things Every Portfolio Should Have. Don’t miss this valuable information! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Send us your feedback online: https://pinecast.com/feedback/moneywise/745eab79-d307-44b9-8c37-477159a011b6

Fed Transparency, Somber Numbers & Retiree Spending Rules

Sat, 14 May 2022 16:00:36 -0000

Jeff and Kyle are back in the studio kicking off the show with a rapid-fire recap of last week’s major market indexes. The Dow was down 2.1%, the S&P 500 was down 2.4%, the NASDAQ was down 2.8%. All three indexes are down by double-digits year-to-date. The Money Wise guys discuss the somber numbers, as well as how the market reacted to last week’s reports from the Consumer Price Index and Producer Price Index. They also weigh in on the Fed’s transparency and their attempts to bring the economy in for a soft landing.

In the second hour, the Money Wise guys share the Retiree Spending Rules you should be following for a financially secure retirement. Don’t miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Send us your feedback online: https://pinecast.com/feedback/moneywise/e116bef9-4477-4898-9ddc-26fa61f72fdc

No Rest for the (Market) Weary & 10 Myths of Retirement Planning

Sat, 07 May 2022 16:00:20 -0000

Jeff, Joe, and Kyle are back again this week with their customary market recap. The Dow was down, the S&P 500 was down, and the NASDAQ was down. Year-to-Date, all three indexes remain down, as well. It was a very volatile week that included a rip-your-face-off rally, then a rip-your-face-off retraction, and a low close for the year for the S&P 500. The guys discuss what’s happening, the most recent Federal Reserve meeting, inflation, and what’s driving current investor sentiment.

In the second hour, the Money Wise guys are tackling 10 Myths of Retirement Planning to set the record straight and help you stay on track. Don’t miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Send us your feedback online: https://pinecast.com/feedback/moneywise/73c112a9-2ba9-4e6c-803c-748cb89adb79

Low Closes, Potential Capitulations & The ‘Are You Ready for Retirement?’ Quiz

Sat, 30 Apr 2022 15:32:59 -0000

Jeff, Joe, and Kyle are back with another jam-packed show, starting with a rapid-fire market recap. Last week, the Dow was down 2.5%, the S&P 500 was down 3.3%, and the NASDAQ was down 3.9%. All three indexes remain down YTD. We experienced another “attack of the Fridays” last week, leading to several low closes for the year - at least so far. The guys review why you have to be prepared for times like this and discuss whether there are more troubling times to come. They talk worst case scenarios and discuss the Fed’s moves, including the possibility of a shock-and-awe interest rate increase as the Fed governors try to engineer a soft landing for investors.

In the second hour, the Money Wise guys share the ‘Are Your Ready for Retirement?’ quiz to help you determine where you stand. Don’t miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Send us your feedback online: https://pinecast.com/feedback/moneywise/4ffcf445-cfb2-484a-8168-2218d0181ac4

Attack of the Fed Governors’ Rhetoric & The Best Investment Advice Ever

Sat, 23 Apr 2022 16:00:19 -0000

Jeff, Joe, and Kyle kick off this week’s show with a detailed market recap. The Dow was down 1.9% last week, the S&P 500 was down 2.8%, and the NASDAQ was down 3.8%. Year-to-date, the Dow is down 7.0%, the S&P 500 is down 10.4%, and the NASDAQ is down 17.9%. The week started relatively strong with a nice rally on Tuesday, but the remainder of the week was impacted by many of the Fed governors speaking publicly. It’s hard for the market to discount twice on the same piece of news, yet it happened last week based on the clear message that interest rates will increase by half a percent in May. The guys also share some earnings news and a warning about investing in subscriber-based companies.

In the second hour, the Money Wise guys review The Best Investment Advice Ever. Don’t miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Send us your feedback online: https://pinecast.com/feedback/moneywise/36dc1c56-3f63-400a-899f-9b48585ebf79

Troughs and Peaks, Quantitative Tightening & the Dangers of Equity Indexed Annuities

Fri, 15 Apr 2022 03:31:39 -0000

Jeff, Joe, and Kyle are back at it with a recap of last week’s market movements. The Dow was down, the S&P 500 was down, and the NASDAQ was down, as well. All three indexes remain down on the year. The Money Wise guys discuss the trading pattern we seem to be stuck in, moves the Federal Reserve may make with respect to interest rates, and how the market could react. The guys dig into technical charts, quantitative tightening, and the trading range - all while parsing whether or not the S&P 500 has reached its trough. In the second hour, it’s all about investor education as the Money Wise guys share important warnings about the dangers of Equity Indexed Annuities. Don’t miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Send us your feedback online: https://pinecast.com/feedback/moneywise/8f21cf96-71a4-42e1-b9f1-3c2e7cfd08c4

Making Decisions in Real-Time Market Conditions, Inverted Yield Curves & RIA vs. Broker

Sun, 03 Apr 2022 16:00:29 -0000

Jeff, Joe, and Kyle kick off the show with a recap of last week’s major market indexes. The Dow was down slightly, the S&P 500 was up slightly, and the NASDAQ was up incrementally. They also recap the month of March, as well as the first quarter of 2022. In true Money Wise fashion, the guys pull back the curtain on the conversations portfolio managers have behind closed doors, and how they make decisions in real-time market conditions. They also get technical and discuss the recent chatter about inverted yield curves and the possibility of a recession.

In the second hour, the Money Wise guys discuss the differences between an RIA and a broker. Don’t miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Send us your feedback online: https://pinecast.com/feedback/moneywise/b3eba1aa-e94b-4af8-b5a9-e09a13e11cb4

Retracement from a Corrective Low & Understanding Your Investor Psychology

Sat, 26 Mar 2022 16:00:25 -0000

Jeff, Joe, and Kyle are back at it for another value-packed episode for investors. They begin with a rapid-fire recap of last week on Wall Street, which saw the Dow up, the S&P 500 up, and the NASDAQ up, as well. YTD, all three remain down in single digits. The Money Wise guys share why the last eight trading days have proven quite interesting - as well as what this retracement means. They discuss why volatility continues, and what we can expect as earnings news is upon us.

In the second hour, the Money Wise guys share insight on Investor Psychology - and why understanding your own can make you a more successful investor. Don’t miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Send us your feedback online: https://pinecast.com/feedback/moneywise/175444d3-1834-465a-bb75-cd8e8a6a5630

Markets as Murky as the Corpus Christi Bay & Lower Rates Take High Toll on Retirement

Sat, 19 Mar 2022 16:00:18 -0000

Jeff, Joe, and Kyle begin this week’s show with their customary breakdown of last week’s market movements. The Dow was up 5.5%, the S&P 500 was up 6.2%, and the NASDAQ was up 8.2%. Despite one of the strongest weeks the markets have had since November of 2020, all three indexes remain down year-to-date. The guys discuss the four-day rally, dig a bit into the technical weeds, and encourage investors to temper their enthusiasm from this rally due to the continued cloudiness in the markets. They share what inflation data and the Fed’s monetary policy may bring, and why we never know we’re in a recession until we’re out of it.

In the second hour, the Money Wise guys discuss how Lower Rates Take a High Toll on Retirement. Don’t miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Send us your feedback online: https://pinecast.com/feedback/moneywise/dac3a5f9-9c14-4de5-a373-b04d0da5343a

Making the Most of Market Volatility & 5 Things Every Portfolio Should Have

Mon, 14 Mar 2022 14:40:39 -0000

Kyle, Jeff, and Joe are back at it again this week with their customary rapid-fire commentary on everything that’s happening on Wall Street. This past week has shown more volatility with the Dow down 2%, the S&P 500 down 2.5%, and the NASDAQ down 3.5%. Year to date, the Dow is down 9.3%, the YTD S&P 500 is down 11.8%, and lastly, the YTD NASDAQ is down 17.9%. The guys take some time to analyze whether they think current trends are a direct consequence of the crisis in Ukraine or if they believe that it’s a continuation of market corrections that we witnessed earlier in the year. For the Money Wise Guys, this is beginning to look like a trader’s market and they discuss the conversations and steps that they’ve already begun taking in order to rebalance portfolios and make some changes to their client's investments in order to capitalize on the state of the market.

In the second hour, The Money Wise Guys go deeper into how investors can be smart with their investments by covering the 5 Things Every Portfolio Should Have. Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Send us your feedback online: https://pinecast.com/feedback/moneywise/1b22b1ce-9848-4748-b973-cff5d49c0d46

Russia, Oil & The Fed + "Retiree Spending Rules”

Sat, 05 Mar 2022 17:00:00 -0000

The Money Wise Guys are back! The market had another incredibly volatile week: The Dow was down 1.3%, the S&P 500 was down 1.27%, and the NASDAQ down 2.78%. YTD The Dow is down 7.5%, the YTD S&P 500 is down 9.18%, and lastly, the YTD NASDAQ is down 14.9%. The Markets continue to respond to the current unstable Ukraine/Russia crisis and unprovoked war. The guys discuss how both covid compounded with green energy policies have contributed to inflation in the United States.

In the second hour, The Money Wise Guys cover "Retiree Spending Rules” that every retiree can benefit from. Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Send us your feedback online: https://pinecast.com/feedback/moneywise/c660ab0c-2e69-4708-a803-bbc460661438

The Wild Ride We Call Wall Street & 10 Myths of Retirement Planning

Sat, 26 Feb 2022 17:00:32 -0000

Jeff, Joe, and Kyle kick off the show with a rundown of last week’s market movements. The Dow was down slightly, the S&P 500 was up, and the NASDAQ was up. All three indexes remain down YTD, with the NASDAQ falling the farthest behind at a 12.5% loss thus far in 2022. It was a wild week, with a nearly 1,800-point reversal of the Dow from the opening on Thursday to the close on Friday. On Friday, the Dow rallied at an accelerated pace and had its best day since November 2020. The guys discuss the impact of the Russia-Ukraine conflict, portfolio strategy, and so much more.

In the second hour, the Money Wise guys share the 10 Myths of Retirement Planning that trip up many retirees. Don’t miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

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Geopolitical Risk & The ‘Are Your Ready for Retirement’ Quiz

Sat, 19 Feb 2022 17:00:03 -0000

Jeff, Joe, and Kyle begin this week’s show with their customary rapid-fire market recap. The Dow was down 1.9%, the S&P 500 was down 1.6%, and the NASDAQ was down 1.8%. All three indexes remain down YTD also. It was the week of the rise of the machines, with lots of downward movement taking place on Thursday. The Money Wise guys discuss the lower volume in the S&P 500 and how less participation exacerbates moves in the market. They also discuss the one thing that is always present in the investment equation at some level: geopolitical risk. They talk about why it’s hard to hedge against and share one hedging strategy that is always the wrong choice. The guys also remind us why it’s important to control our emotions and always know what we own.

In the second hour, the Money Wise guys take you through the ‘Are Your Ready for Retirement’ Quiz. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

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Another Attack of the ‘Fridays’ & The Best Investment Advice Ever

Sat, 12 Feb 2022 17:00:16 -0000

Jeff, Joe, and Kyle are back with another market update. Last week, the Dow was down 1%, the S&P 500 was down 1.8%, and the NASDAQ was down 2.2%. Year-to-Date, all three indexes remain down. The guys discuss what happened on Thursday to cause an abrupt about-face in the markets late in the week, what’s happening with so-called darling tech stocks, and why some retail investors are getting spooked.

In the second hour, the Money Wise guys share their Best Investment Advice Ever. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

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The Market’s Fits and Starts & Equity Indexed Annuities

Sat, 05 Feb 2022 17:00:13 -0000

Jeff, Joe, John, and Kyle kick off the show with a look back at last week’s market movements. The Dow was up 1%, the S&P 500 was up 1.5%, and the NASDAQ was up 2.4%. All three major indexes remain down YTD, with performance for the month of January being the worst we’ve seen in a few years. The guys discuss why it was a wild earnings week for some of the big name stocks, why they think the market is still in search of its support level, and why we’re seeing fits and starts this year.

In the second hour, the Money Wise guys revisit a critical investor education topic - Equity Indexed Annuities. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

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A Very Volatile Week & The Difference Between an RIA and a Stockbroker

Sat, 29 Jan 2022 17:00:37 -0000

Jeff and Kyle are joined by their father, John, this week. The trio begins the show with a recap of last week’s market movements. The Dow was up 1.3%, the S&P 500 was up 0.8% and the NASDAQ was flat for the week. All three indexes remain down YTD. The entire week was made on the last day of the trading week, but there is a broader story that isn’t showing up in the numbers. The Money Wise guys share their takes, with some market history, as well. They discuss the most recent Federal Reserve meeting and the reaction from the financial entertainment press, as well as what most people missed from the Fed Chairman’s remarks.

In the second hour, the Money Wise guys discuss a critical investor education topic - The Difference Between a Registered Investment Advisor and a Stockbroker. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

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Keeping a Long-Term Perspective & Investor Psychology

Sat, 22 Jan 2022 17:00:22 -0000

Jeff, Joe, and Kyle kick off this week’s episode with last week’s market recap. The Dow was down 4.6%, the S&P 500 was down 5.7%, and the NASDAQ was down 7.6%. All three major indexes remain in the red YTD. The last 14 trading days have seen a significant market decline - more than 12% for the NASDAQ - and the Money Wise guys discuss why it’s important to check your emotions at the door. They provide long-term perspective, review the dangers of complacency, and discuss why corrections are a natural part of the market cycle.

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Another Churning Week for Wall Street & Lower Rates Take High Toll on Retirement

Sat, 15 Jan 2022 17:00:01 -0000

The Money Wise guys are kicking off the show with their customary market recap. The Dow was down last week, as were the S&P 500 and the NASDAQ. Year-to-date, all three major indexes remain down. So far, 2022 is living up to its billing as a more volatile year for investors. There’s an almost daily rotation in and out of different industrial sectors causing more volatility, but the good news is that the NASDAQ doesn’t seem to be moving past its 200-day moving average. Jeff, Joe, and Kyle also discuss the continued impact of profit-taking, speed of mobility, and why the market may be primed for a more substantial correction this year.

In the second hour, the Money Wise guys discuss how Lower Returns Take a High Toll on Retirement. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

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A Volatile Start to the Year & Five Things Every Portfolio Should Have

Sat, 08 Jan 2022 17:00:51 -0000

Jeff, Joe, and Kyle are joined this week by special guest John Davidson. The Money Wise guys start the show with last week’s market recap, which showed all three major indexes were down to start 2022, with the NASDAQ really taking it on the chin. The guys discuss how rebalancing and profit-taking can often cause volatility, but the Federal Reserve meeting minutes from December also precipitated more selling last week. The guys further discuss how the Fed raising interest rates could impact the economy and the fact that we are overdue for a market correction.

In the second hour, the Money Wise guys review the Five Things Every Portfolio Should Have. You don’t want to miss it! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

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A Spectacular Year for the Markets & Retiree Spending Rules

Sat, 01 Jan 2022 17:00:40 -0000

Jeff, Joe, and Kyle are kicking off the new year with a look back at the markets in 2021, as well as a recap of last week’s numbers. To end the year, the Dow was up, the S&P 500 was up, and the NASDAQ was down. Final numbers for the year, without dividends reinvested, show that the markets had a pretty spectacular year. The Dow was up 18.7%, the S&P 500 was up 26.9%, and the NASDAQ was up 21.4%. The Money Wise guys review which predictions they came close on, which missed the mark, and what they think investors can expect from 2022. They also share why now is the time to take stock of your portfolio and not rely on a “set it and forget it” approach.

In the second hour, the Money Wise guys review their Retiree Spending Rules. You don’t want to miss it! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

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Selling the Rumor, Buying On the News & 10 Myths of Retirement Planning

Sat, 18 Dec 2021 17:00:14 -0000

Jeff, Joe, and Kyle are back this week with a rapid-fire market recap. Last week, the Dow was down, the S&P 500 was down, and the NASDAQ was down. However, it’s been a strong year and all three major indexes remain up in double digits year-to-date. It was all about the Fed this past week, and particularly the FOMC decisions. The week began with selling the rumor, evolved to buying on the news, then saw more selling at the week’s end. The Money wise guys discuss the “why” of it all and help listeners set market expectations for 2022.

In the second hour, the Money Wise guys share 10 Myths of Retirement Planning. You don’t want to miss it! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

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A Strong Week of Recovery & Your Retirement Readiness Quiz

Sat, 11 Dec 2021 17:00:47 -0000

Kyle and Joe kick off this week’s show with a quick market recap. It was a strong week of recovery after last week’s disappointing performance. The Dow was up, the S&P 500 was up, and the NASDAQ was up. The market seems to have bounced back from the Fed’s comments to Congress several weeks ago, and it’s responding well to favorable news from the CDC regarding the Omicron variant. The only thing remaining on the calendar for the rest of the year is the Federal Reserve policy meeting scheduled for December 14-15. If you have a lot of cash on the sidelines at the moment, cool your jets until we hear what the Fed plans to do with accelerated tapering. The Money Wise guys share historic interest rate data and discuss what it can teach us today, as economists and analysts are not in agreement about what we can expect from interest rates in 2022.

In the second hour, the Money Wise guys ask Are You Ready for Retirement? Use their quiz to help you determine where you stand. You don’t want to miss it! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

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Volatility in Spades & Registered Investment Advisor vs. Broker

Sun, 05 Dec 2021 17:00:10 -0000

Jeff, Joe, and Kyle are back in the studio this week to share last week’s numbers from Wall Street. The Dow was down 4.8%, the S&P 500 was down 3.4%, and the NASDAQ was down 5.5%. All three indexes remain up by double digits YTD, though we saw the worst Black Friday market performance in history. It’s clear that the market has reacted to the Omicron variant, and the Fed’s more hawkish remarks on tapering have some investors back on the panic-selling hamster wheel we’ve seen with other variants. With the market riled up and volatility in spades, the Money Wise guys are your voice of reason amidst all the noise.

In the second hour, the guys share important differences in types of investment professionals as they discuss Registered Investment Advisors vs. Brokers. Don’t miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

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Pulling Back the Curtain: What Wall Street Won’t Tell You & Investor Psychology

Sat, 27 Nov 2021 17:00:39 -0000

The Money Wise guys know that savvy investing requires continuous education. That’s why they’re sharing two special topics of interest this week. In the first hour, they bring you the transparency you need by telling you what the big brokerage firms won’t. In the second hour, they dig into behavioral finance and explain how you can ensure you’re making investment decisions based on logic and data - rather than emotions.

Don’t miss the details as the Money Wise guys pull back the curtain on Wall Street - and on your own investor behavior! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Send us your feedback online: https://pinecast.com/feedback/moneywise/71d0e0cb-484b-4fc9-bdc5-86788aa0faa3

What Wall Street Won't Tell You

Sat, 20 Nov 2021 17:00:13 -0000

In this special investor education episode, the Money Wise guys pull the curtain back on Wall Street and share more transparency with investors. Why? Well, the big brokerage firms aren’t telling you everything you need to know. Luckily, the Davidson Capital Management team has spent more than 30 years reviewing prospective clients’ portfolios, and they’ve noticed recurring themes. In this episode, the Money Wise guys share the questions you should be asking, how to dig deeper into your portfolio instead of taking it at face value, and when to get a second opinion.

Don’t miss this value-packed deep dive! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

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Inflation, Market Hurdles & The Best Investment Advice Ever

Sat, 13 Nov 2021 17:00:42 -0000

Jeff and Joe start the show with a market recap from last week. The Dow was down, the S&P 500 was down, and the NASDAQ was down - though each by less than 1%. All three indexes remain up by double digits on the year. Last week’s numbers were all about inflation, as the Producer Price Index showed a rise of 8.6% year over year, which met expectations. The Consumer Price Index showed an increase of 6.2% year over year, which was slightly higher than expectations and the highest change since 1990, but the market had a muted reaction. The Money Wise guys discuss market hurdles between now and the end of the year, and what they could mean for your portfolio.

In the second hour of the show, the Money Wise guys are focused on investor education. They share the Best Investment Advice Ever. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

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A 4th Quarter Rally, The Taper Begins & 401(k) Rollovers

Sun, 07 Nov 2021 17:00:25 -0000

Jeff, Joe, and Kyle open the show with a market recap from the previous week. The Dow was up 1.4%, the S&P 500 was up 2%, and the NASDAQ was up 3.1%. Year-to-Date, all three indexes are up more than 20%. In other good news, we are having quite a 4th quarter rally, but the real question is... why? The Money Wise guys review the possible answers, including recent big cap tech earnings, new language around inflation, and the fact that the Federal Reserve delivered exactly what the market wanted - a taper beginning this month.

In the second hour of the show, the Money Wise guys tell you what you need to know about 401(k) Rollovers. Don’t miss the details! You can tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

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A Big Week for Earnings, Taper Expectations & Equity Index Annuities

Sat, 30 Oct 2021 16:00:26 -0000

Jeff, Joe, and Kyle are back with their customary update on last week’s numbers from Wall Street. The Dow was up, the S&P 500 was up, and the NASDAQ was up also. All three remain up in double-digits YTD. We just finished the first month of Q4, and it was a big month for the markets. For October, the Dow was up 5.8%, the S&P 500 was up 6.9%, and the NASDAQ was up 7.3% on the month. All three closed on Friday at all-time highs. It was a big week for earnings, though Apple and Amazon didn’t produce the earning investors had hoped. The market took it in stride and now we look to next week to see what may happen when the Federal Reserve meets on Wednesday. They are likely to finally announce the exact day the taper will begin, and the Money Wise guys discuss how the market may react.

In the second hour of the show, the conversation focuses on Equity Index Annuities. Don’t miss the details! You can tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

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The Crux of Earnings Season & Lower Rates Take High Toll on Retirement

Sat, 23 Oct 2021 16:00:48 -0000

Jeff, Joe, and Kyle dive into last week’s market numbers, which showed the Dow up 1.1%, the S&P 500 up 1.6%, and the NASDAQ up 1.3%. All three indexes remain up in double digits year-to-date. It’s earnings season, and the Money Wise guys explain how the market is absorbing the information thus far. Though there was some hand wringing coming into the Q3 earnings report, EPS growth and revenues are coming in above estimates - and above the five-year average. Still, it remains to be seen whether the big-name stocks like Apple and Facebook will deliver. The guys spar about their relevance, and about who will better navigate the market’s choppy seas, and they remind us of the importance of taking a long-term perspective with your portfolio. In the second hour of the show, the Money Wise guys discuss a problem many investors are facing - lower rates that are taking a high toll on retirement savings. Don’t miss the details! You can tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

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Market Schizophrenia & Five Things Every Retirement Portfolio Should Have

Sat, 16 Oct 2021 16:00:56 -0000

Jeff, Joe, and Kyle begin the show with their customary run-down of last week’s market numbers. The Dow Jones was up, the S&P 500 was up, and the NASDAQ was up, as well. YTD, the Dow is up 15.3%, the S&P 500 is up 19%, and the NASDAQ is up 15.6%. The guys revisit discussions on inflation, “barbell strategy,” supply chain bottlenecks, and a schizophrenic market that shows different industries taking the lead week in and week out. It all makes for less market clarity and stands as a good reminder that there is no road map as we continue to recover from the COVID-19 pandemic. As the Money Wise guys remind us, we are once again seeing proof of the importance of diversification.

In the second hour of the show, the Money Wise guys share the Five Things Every Retirement Portfolio Should Have. Don’t miss the details! You can tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

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Political Theatre, Interest Rate Head-Fakes & Retiree Spending Rules

Sat, 09 Oct 2021 16:00:59 -0000

Jeff, Joe, and Kyle start the show with a rundown of last week’s numbers from Wall Street. The Dow was up, the S&P 500 was up, and the NASDAQ was up. All three indexes remain up year-to-date. This week did see the NASDAQ suddenly in last place, likely due to the changing interest rate environment and hand-wringing about the political theatre unfolding in Washington around the debt ceiling. The guys also discuss the disappointing September jobs numbers and the reasons for changes in the unemployment rate. They also share their take on the data points investors should be watching that actually influence the market, and what to think about so many recent interest rate head-fakes.

In the second hour of the show, the Money Wise guys share their advice on Retiree Spending Rules. Don’t miss the details! You can tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Q3 Recap, Buckling Your Seatbelt for October & Busting Retirement Planning Myths

Sat, 02 Oct 2021 16:00:51 -0000

Jeff, Joe, and Kyle kick off the show with a rundown of last week’s market movements. Wall Street saw the Dow down, the S&P 500 down, and the NASDAQ down, as well. Year-to-Date, all three indexes remain up by double digits, though they are all about 4% off their all-time highs, as well. The Money Wise guys recap Q3, which looked good until September came along, and they share why investors should buckle their seatbelts for October. As always, the guys share the importance of preparing your investor mindset because emotions can do more damage to your portfolio than the markets ever will.

During the second hour, the Money Wise guys share the Top Ten Retirement Planning Myths that can set you up for failure. Don’t miss the details! You can tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

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Market Seasonality & 401(k) Rollovers

Sat, 25 Sep 2021 16:00:18 -0000

Jeff, Joe, and Kyle are back this week, kicking off the show with last week’s market recap. The Dow was up, the S&P 500 was up, and the NASDAQ was unchanged. All three indexes remain up YTD, though all three are also slightly down from their 52-week highs. The week was anything but typical, though at the end of the week it appeared fairly typical to those who hadn’t been paying attention. We saw a bit of a corrective move at the beginning of the week, but it was mostly recovered by Friday. The Money Wise guys dig into the market movement and revisit their discussions around low volume and our current oversold condition. They also discuss Q3 gains, despite market seasonality impacting investors.

During the second hour, the Money Wise guys talk 401(k) rollovers. Don’t miss it! You can tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Send us your feedback online: https://pinecast.com/feedback/moneywise/4562998c-965e-4ede-b8e3-6096255bf11a

Reflecting on 9/11, Will Inflation Force the Fed's Hand?, Tax Policy Problems, and Your 401(k) Rollover

Sat, 11 Sep 2021 14:53:26 -0000

Over the weekend we reflected on the sobering tragedy that took place on September 11, 2001. Each year that passes, the impact gets a little farther away, but we will never forget about the lives lost and the people who took those lives. We all take a pause to memorialize this somber day and those who perished that day.

The markets too, have taken a pause this past week with Wall Street observing the 20th anniversary of 9/11 on Friday in the heart of New York City. The DOW, S&P, and NASDAQ were all down this last week, but it is important to remember that those markets are all up in the double digits year to date. Trading volume is low at the outset of September but that is likely due to the labor day weekend and the 9/11 memorial weekend.

The Federal Reserve has been hinting there won't be much change to interest rates anytime soon. But there is a possibility that the high inflation rate may force their hand to raise rates.

The producer price index has increased dramatically year over year to date. Much of this is due to the supply chain constraints that are a direct result of the slow return of workers to the labor force. While the additional federal unemployment benefits have been discontinued as of September 1, we will likely see the return to the workforce ramp up but it may take several months to see it have a positive impact on the supply chain.

To find out more, take a listen to this weekend's episode.

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August Recap & The ‘Are You Ready for Retirement’ Quiz

Sun, 05 Sep 2021 16:00:51 -0000

Episode Notes

Jeff, Joe, and Kyle are back this week, with Jeff kicking off the show with last week’s market recap. The Dow was down, while the S&P 500 and the NASDAQ were up. They also recap the month of August, which showed all three indexes up. All three remain in the black YTD also. The S&P 500 and the NASDAQ both reached several all-time highs last week. The guys also discuss the continuing churn in the market, a slight increase we’re seeing in interest rates, wage inflation, and the disappointing job numbers for August.

During the second hour, the Money Wise guys share their “Are You Ready for Retirement” Quiz. Don’t miss it! You can tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Send us your feedback online: https://pinecast.com/feedback/moneywise/967e7489-16d3-48da-80fa-4ac24e705ba9

Geopolitical Risk & The RIA vs. Broker Debate

Sat, 28 Aug 2021 16:00:50 -0000

Episode Notes

Jeff and Joe kick off this week’s show with their traditional market recap from the past week. The Dow was up, as were the S&P 500 and the NASDAQ. All three indexes are in the black YTD. The Money Wise guys reflect on a solid week for the markets, and the Friday rally that came even in the face of rising geopolitical risk that is still playing out. With the waters always a bit murky in the investment ocean, they share their take on how investors should handle ever-present uncertainty.

During the second hour, the Money Wise guys discuss a topic on many investors’ minds: Registered Investment Advisor vs. Broker. Don’t miss the details! Tune in for the full discussion at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Send us your feedback online: https://pinecast.com/feedback/moneywise/ac821e49-7c03-47bc-abd0-464aaafae75e

Staying Out of the ‘Feelings Corner’ & Examining Investor Psychology

Sat, 21 Aug 2021 16:00:35 -0000

Episode Notes

Jeff, Joe, and Kyle are back this week, kicking off the show by recapping last week’s market movements. The Dow Jones was down slightly, as was the S&P 500 and the NASDAQ. All three indexes remain in the positive YTD, though they seem to be feeling the effects of the summer doldrums that are typical for August. The Money Wise guys remind us that August’s lighter volume creates higher volatility days, and Jeff enters “the feelings corner” momentarily, only to remind us that following your emotions leads to bad financial decision-making. The guys also share their predictions for the short-term and beyond.

During the second hour, the Money Wise guys discuss Investor Psychology. You don’t want to miss it! Tune in for the full discussion at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Send us your feedback online: https://pinecast.com/feedback/moneywise/03c9d6b6-c12d-43fb-a541-ce8cddcbed5a

The Market’s Summer Slog & The Best Investment Advice Ever

Sun, 15 Aug 2021 16:00:53 -0000

Episode Notes

Joe and Kyle kick-off the show with last week’s market recap, which saw the Dow Jones up on the week with a record close on Friday and the S&P 500 also up with a record close on Friday. The NASDAQ was very slightly down. All three indexes remain up YTD. We seem to be entering the summer slog, where we can expect low volatility and a very narrow margin of stocks pushing the market higher. If you have a higher level of cash sitting on the sidelines, the Money Wise guys suggest moving slowly and deliberately as you build stock positions in your portfolio. The guys share interesting market history, including the “stock market cha-cha” of 2014-2015. They also discuss why they are more cautious in their optimism for the market at the moment.

During the second hour, the Money Wise guys share the Best Investment Advice Ever. You don’t want to miss it! Tune in for the full discussion at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Send us your feedback online: https://pinecast.com/feedback/moneywise/4591411d-41a1-4720-8c84-d98b9dfb4b16

Barbell Portfolios & Equity Index Annuities

Sat, 07 Aug 2021 16:00:44 -0000

Episode Notes

Jeff, Joe, and Kyle begin by sharing last week’s market recap, which saw the Dow Jones up, S&P 500 up, and the NASDAQ up. All three indexes remain up YTD, and both the Dow and S&P 500 closed last Friday at all-time highs. The guys discuss barbell portfolios, and how to keep your portfolio moving forward in a market that’s moving sideways. Plus, they discuss the progression of the markets this year, what changed in the second quarter, and what we’re seeing with regard to overall portfolio performance in the first five weeks of the third quarter. Plus, Joe brings statistical color to the growth versus value differential discussion, and the guys explain what’s driving the S&P 500’s earnings at the moment.

In the second hour, the Money Wise guys dig into Equity Index Annuities. You don’t want to miss the details! Tune in for the full discussion at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

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Correction Questions & Lower Returns Take High Toll on Retirement

Sat, 31 Jul 2021 16:00:00 -0000

Episode Notes

Jeff, Joe, and Kyle kick off the show with last week’s market recap. The Dow, the S&P 500, and the NASDAQ were all down on the week, though all three were up for the month of July. It was also the sixth month in a row that the S&P 500 has been positive. This is leaving some investors with questions about whether there’s a significant corrective move forthcoming. The Money Wise guys discuss the possibilities and remind us that, even if a correction is on the horizon, not all corrections lead to a multi-year bear market as we’ve seen in the last few decades.

This week’s topic for the second hour of the show is: Lower Returns Take High Toll on Retirement. You won’t want to miss it! Tune in for the full discussion at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Send us your feedback online: https://pinecast.com/feedback/moneywise/e7dda2f8-7d3f-4af4-a4ed-6d48ded63bba

A Wild Wall Street Week & 5 Things Every Portfolio Should Have

Sat, 24 Jul 2021 16:00:07 -0000

Episode Notes

Jeff, Joe, and Kyle are back this week with more straight-talk on the markets, starting off the show with a recap of the major indexes last week. The Dow Jones, the S&P 500, and the NASDAQ were all up last week, and all three remain in the black YTD, too. The Money Wise guys discuss the wild week Wall Street experienced and how congressional subcommittee testimony and televised talking heads contributed to a flurry of selling - followed by a rally later in the week. Plus, the guys discuss TINA scenarios and what the Delta variant may mean for Wall Street.

During the second hour of the show, the Money Wise guys share the five things every portfolio should have. You can tune in for the full discussion at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Send us your feedback online: https://pinecast.com/feedback/moneywise/44ccb8f7-7b57-4df1-a1e3-d2a6be81ee31

Inflation Frustration & Retiree Spending Rules

Wed, 14 Jul 2021 16:00:00 -0000

Episode Notes

Joe and Kyle steer the ship without Jeff this week, starting off by sharing last week’s market recap. The Dow Jones, the S&P 500, and the NASDAQ were all down last week, with the NASDAQ falling the furthest at 1.87%. All three indexes remain up YTD. Inflation is impacting the market, particularly in the tech sector, and Jerome Powell’s testimony to Congress was not clear on whether this period of inflation will be transitory. The guys also discuss potential wage inflation and getting unemployed workers back into the workforce once extended unemployment benefits run out.

During the second hour of the show, the Money Wise guys focus on investor education. This week’s topic is retiree spending rules. You can tune in for the full discussion at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Send us your feedback online: https://pinecast.com/feedback/moneywise/20af555a-7ed6-45e2-a781-4cd7d22ab53e

The Week of the Treasury Market & Ten Retirement Myths

Sun, 11 Jul 2021 16:00:52 -0000

Episode Notes

Jeff, Joe, and Kyle begin the show as always with a market recap for the prior week. They also share year-to-date numbers for the Dow Jones, the S&P 500, and the NASDAQ, all of which are up YTD. The guys discuss “the week of the Treasury market” and continuously dropping interest rates, with a discussion about what the bond market is trying to tell us at the moment. They also dig into whether the COVID-19 Delta variant is impacting the market.

During the second hour of the show, the Money Wise guys are talking retirement. Specifically, they bust ten common retirement planning myths. You can tune in for the full discussion at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Send us your feedback online: https://pinecast.com/feedback/moneywise/f298ea49-f09b-4a7c-880a-8dd51b110dfd

Growth’s Comeback & Your Retirement Readiness Quiz

Sat, 03 Jul 2021 16:00:54 -0000

Episode Notes

With all three major indexes up last week - and closing at all-time highs on Friday - Jeff, Joe, and Kyle begin the show by evaluating performance numbers for the second quarter of the year. They also share year-to-date updates for the Dow Jones, the S&P 500, and the NASDAQ, discuss how each has outperformed expectations thus far in 2021, and look ahead to what’s next. Should we be concerned about how quickly the markets are bouncing back? What can we expect as far as returns in July? Will the Fed’s Jackson Hole Symposium in August create choppy waters for investors? The guys explore these questions and more, along with a continued look at growth versus value stocks.

During the second hour, the Money Wise guys share a helpful quiz for near-retirees: Are You Ready for Retirement? You can tune in for the full discussion at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Send us your feedback online: https://pinecast.com/feedback/moneywise/a4734be8-d446-47d0-ad4e-5002a4fe04f7

Quantitative Easing, Tapering & RIAs vs. Stock Brokers

Sat, 26 Jun 2021 16:00:39 -0000

Episode Notes

Jeff, Joe, and Kyle begin with a rundown of last week’s important market movements. It was smooth sailing across the major indexes, with the Dow Jones up, the S&P 500 up, and the NASDAQ up. All three remain solidly in the black YTD. The guys spar about Federal Reserve Chairman Jerome Powell’s testimony before Congress and its possible impact on the markets last week. They also discuss whether the rate of increase in inflation over the last few months is a trend, or whether it will reverse in the coming months. The guys also touch on July’s tendency to produce market gains throughout history and what we can expect from the Fed with regard to quantitative easing and tapering.

In the second hour, the Money Wise guys share the differences between a registered investment advisor and a stockbroker. You can tune in for the full discussion at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Send us your feedback online: https://pinecast.com/feedback/moneywise/53ce933c-913b-4427-b3fe-471e0e802520

Never Count the NASDAQ Out & Improving Investor Behavior

Sat, 19 Jun 2021 16:00:26 -0000

Episode Notes

Jeff, Joe and Kyle start the show with a rundown of last week’s market movements, where all three major indexes were down. The Dow lost 1,190 points on the week, the S&P 500 was down 81 points, and the NASDAQ was down 39 points. The Money Wise guys explain why you can never count the NASDAQ out, as we’re seeing a sudden burst of energy that has put the Dow’s outperformance for the year to an end. The guys discuss whether this reversal is due to the most recent Federal Reserve meeting and the potential for interest rate increases in 2022. They also discuss the decision investors must make about the type of relationship they prefer to have with their investment manager.

In the second hour, the Money Wise guys dive into the topic of investor psychology and how to improve investor behavior. They share tips on how you can avoid letting your human psyche become a roadblock to your financial future, sharing data points along the way. You can tune in for the full discussion at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Send us your feedback online: https://pinecast.com/feedback/moneywise/66ed8703-c76a-48a2-badf-e7f7c8c8f3b5

Continued Market Rotation & The Best Investment Advice Ever

Sat, 12 Jun 2021 16:00:12 -0000

Episode Notes

The Money Wise guys begin this week’s show with a market recap, showing the Dow Jones was down last week, while the S&P 500 and the NASDAQ were both up. They highlight that the S&P closed at an all-time high at the end of the week. All three indexes remain up YTD, with the NASDAQ making a big turnaround thus far in the month of June. Jeff and Kyle discuss the role of interest rates and inflation on large-cap tech stocks and others and examine what the May Consumer Price Index surge may mean. The guys also share inflation data and what we can expect from the forthcoming Federal Reserve Board meeting.

In the second hour, the Money Wise guys share their best investment advice ever. You don’t want to miss this one! Be sure to tune in for the full discussion and visit davidsoncap.com to learn more about the Money Wise guys or to take advantage of a portfolio review and analysis with Davidson Capital Management.

Send us your feedback online: https://pinecast.com/feedback/moneywise/3afc17f4-4fe5-422b-986c-050fb8f3f95f

A Perversion of the Markets & Annuity Concerns

Sat, 05 Jun 2021 16:00:09 -0000

Episode Notes

Jeff, Joe, and Kyle kick off the show by digging into last week’s numbers from Wall Street. The Dow Jones, the S&P 500, and the NASDAQ were all up. These three indexes remain in the black year-to-date, as well, with the Dow leading the indexes for the second quarter. The primary news of the week was the release of May’s employment numbers, which were a bit below expectations, though not as far below as April’s numbers. The guys discuss what this means for the Federal Reserve, and why we saw a perversion of the markets. They also revisit their concerns about meme stocks and cryptocurrency and warn listeners about the inherent risks of gambling on these stocks.

In the second hour, the Money Wise guys continue their investor education focus with a deep discussion of their serious concerns about annuities. Be sure to tune in for the full discussion and visit davidsoncap.com to learn more about the Money Wise guys or to take advantage of a portfolio review and analysis with Davidson Capital Management.

Send us your feedback online: https://pinecast.com/feedback/moneywise/aa54700f-982e-40af-ad65-d4cb09104aae

Meme Stock Warnings and the Toll of Lower Returns on Retirement Funds

Sat, 29 May 2021 16:00:03 -0000

Episode Notes

Jeff, Joe, and Kyle begin the show with a recap of the past week’s numbers from Wall Street. Kyle shares his concerns about so-called “meme stocks” being more like speculative gambling than investing, and the guys discuss how the financial entertainment press is irresponsible in their reporting on the risk involved with these types of investments. They also revisit last week’s discussion of cryptocurrency and how to make smart alternative investments without taking too much risk in dangerous asset classes.

In the second hour, the Money Wise guys continue exploring investor education topics. They discuss how lower returns are taking a high toll on investors’ retirement funds. Be sure to tune in for the full discussion and visit davidsoncap.com to learn more about the Money Wise guys or to schedule a portfolio review and analysis with Davidson Capital Management.

Send us your feedback online: https://pinecast.com/feedback/moneywise/05d94818-2796-47d7-a9f3-6b67b024ccc0

Cryptocurrency Shows its Volatility & Five Things Every Portfolio Should Have

Sat, 22 May 2021 16:30:00 -0000

Episode Notes

Jeff and Joe kick off the show with a rapid-fire review of last week’s numbers from Wall Street. The Dow was down 174 points, the S&P 500 was down 18 points, and the NASDAQ was up 41 points. All three indexes remain up year-to-date. The big news of the week was Bitcoin being down nearly 50% from its high about one month ago, providing an example of the extreme volatility of cryptocurrency. The guys review the two main reasons for this downward movement and explain why they view cryptocurrency as a gamble rather than as an investment.

In the second hour, the Money Wise guys focus on investor education and share the five things every portfolio should have. Tune in for all the details and visit davidsoncap.com to learn more about the Money Wise guys or to schedule a portfolio review and analysis.

Send us your feedback online: https://pinecast.com/feedback/moneywise/fbf9f8d1-0936-4da2-99d8-45d7c2287441

You Never Go Broke Taking a Profit & Retiree Spending Rules

Sun, 16 May 2021 01:30:00 -0000

Episode Notes

Jeff and Kyle review the past week’s market numbers, noting that May is often a difficult month as many investors follow the old adage of “sell in May, go away.” However, TYD numbers are still above average and a shorter-term pullback is likely more of a trade and not a trend. The Money Wise guys share the numbers that are truly important to focus on as we continue through the second quarter of the year, and they discuss some of the portfolio moves they’ve recently made. The guys also revisit previous discussions of growth versus value and the trends they’re seeing.

In the second hour, Jeff and Kyle dig into retiree spending rules, with the guidance you don’t want to miss. Tune in for all the details and head over to davidsoncap.com to learn more about the Money Wise guys or to schedule a portfolio review and analysis.

Send us your feedback online: https://pinecast.com/feedback/moneywise/e9a0457e-74d4-4742-b35c-d54b8ddbacd1

Selling the Rumor vs. Selling the News and 10 Myths of Retirement Planning

Sun, 09 May 2021 01:30:28 -0000

Episode Notes

Jeff, Joe, and Kyle begin this week’s show with a review of last week’s numbers from Wall Street and updated annualized numbers. The guys discuss the fact that big cap tech companies are showing exceptionally strong earnings, with their stock prices reacting only modestly. Could it be because investors are anticipating higher capital gains taxes in 2022, and selling based on rumors rather than news? They also discuss growth versus value stocks and how we may be seeing a year that is all about value for investors.

In the second hour, the Money Wise guys discuss 10 myths of retirement planning. You don’t want to miss it! Tune in for all the details and head over to davidsoncap.com to learn more about the Money Wise guys.

Sell in May, Go Away?

Sun, 02 May 2021 01:30:25 -0000

Episode Notes

As always, the guys kick off the show with last week’s numbers from Wall Street. The Dow was down, the S&P 500 was essentially flat, and the NASDAQ was down. In YTD numbers, all three of these indexes remain up. We’re in an overbought condition, so it remains to be seen whether the old adage will hold: “Sell in May, go away.” Will it pan out to be true after the kind of run we’ve seen in Q1? The U.S. economy is gaining more steam as we continue to recover, and the market has reacted well. The domestic market is looking a bit safer in the short term, but it’s still important to have international and emerging market exposure in the long term -- with the right level of allocation.

The Money Wise guys also cover news from the Federal Open Market Committee (FOMC) meeting and earnings trends that show an economy with a fuller head of steam. They also focus on investor education and mitigating downside losses. Tune in for full details, and head over to davidsoncap.com to learn more about the Money Wise guys.

The Difference Between a Registered Investment Advisor and Broker

Sat, 24 Apr 2021 14:05:13 -0000

As always, Jeff, Joe, and Kyle kick off this week’s episode by taking time to discuss the past week’s market trends, why they’re trending the way they are, and what it all could mean. Though we tried to end the week on a positive, the Dow, S&P 500, and the NASDAQ found themselves showing volatility and ultimately, losing steam by the end of the week. This downtrend can mostly be accredited to the Capital Gains Tax Increase presented by President Biden on Thursday. Since everyone knew that this increase was coming, however, the markets shouldn’t have reacted to this news at all, and yet, we saw it react in big and small ways - the men get into why this is so and what we can expect in the upcoming weeks.

Later in the show, there are many different factors you should consider when choosing a financial investment advisor. Perhaps the most important factor, however, is whether or not your advisor is legally obligated to make investment decisions that are in your best interest. This legal obligation is referred to as a fiduciary duty, which is a fancy term that simply means an advisor is required by law to offer financial and investing advice that’s best for the client, not the firm. The Money Wise Guys spend some time discussing this legal obligation and how it’s applied to Registered Investment Advisors (RIAs) and broker-dealers. Depending on your financial situation and your long-term financial goals, you might want to reconsider who you’re entrusting with your money.

Send us your feedback online: https://pinecast.com/feedback/moneywise/c2fe7f6f-61df-4978-bd7d-fd88cd62d002

Market Performance, Earnings Season, and Investor Psychology

Sun, 18 Apr 2021 01:30:00 -0000

Episode Notes

In this episode, Jeff, Joe, and Kyle share last week’s Wall Street numbers, as well as year-to-date performance. The Dow, S&P 500, and NASDAQ are all up, and the Dow and the S&P 500 closed at all-time highs last Friday. They discuss whether there’s a correction on the horizon, as well as how big tech stocks, like Apple, are going to react as we enter earnings season for the first quarter. The guys also spar about the rate at which inflation may be accelerating, and the outlook for the Biden Administration’s infrastructure plan.

In the second hour, the Money Wise guys focus on investor education with a discussion about investor psychology. They share the types of bias that can lead to poor investment decisions, and warn about the danger of over-weighing information from the news media. Tune in for all the details, and head over to davidsoncap.com to learn more about the Money Wise guys.

Long Term Investing and the Best Investment Advice Ever

Sat, 10 Apr 2021 22:04:02 -0000

The DOW is up by 2% and the S&P up by 2.7% and the NASDAQ is up by 3.1%. With a record high for the S&P at the close of this week and YTD numbers up substantially, it may be time to start picking up more of the blue-chip stocks which have been undervalued recently and are likely to come up in the near future. We think that the Fed will keep interest rates low and the stimulus bills and other legislation will likely cause a fair bit of inflation in the coming year. So what does this mean for investors? Stocks, for the moment and typically, are your best bet for growth and long-term bonds are your best bet for protection. With inflation on the rise, asset allocation is the key to long-term performance. I know we say it over and over again, but it’s true. Stay in the game, stay strong, and think long-term.

2021 First Quarter Recap, Growth vs. Value, and the Biden Infrastructure Proposal

Sun, 04 Apr 2021 22:40:42 -0000

2021 First Quarter Recap, Growth vs. Value, and the Biden Infrastructure Proposal

In this week’s episode, the Money Wise guys recap market performance for the first quarter of 2021, including the biggest out-performance of the Dow over the NASDAQ since 2002. They also discuss growth versus value, and whether it is a short-term trade or a trend with a more prolonged rotation toward value stocks. With April being consistent as one of the best months for stock investing over the past one hundred years, the guys will also take a look at whether there is potential for higher PE stocks to gain momentum in the second quarter.

Jeff, Joe, and Kyle also review what Snowmaggedon taught us about supply chain management and the dangers of a just-in-time inventory system, as well as what parts of the Biden infrastructure plan may be investable. They round out the episode by examining what all these factors could mean for how you should position your portfolio through the rest of 2021. Tune in for all the details!

Don't forget to subscribe to our podcast wherever you listen to your podcasts and visit our website for updates and resources on investment management and the markets.

Lower Returns Take High Toll On Retirement

Sun, 28 Mar 2021 23:47:13 -0000

Jeff, Joe, and Kyle kick off this week’s episode of Money Wise by taking some time to get into the numbers and how lower returns could have a deep impact on your retirement if careful planning isn’t considered. Currently, it seems that the four big horsemen of stocks are underperforming – Apple, Google, Amazon are all in the negative with Microsoft being the only one that is hanging on. With the stock market trends doing a complete 180 from how they looked last year, what does this mean for your portfolio and retirement? And how long can we expect this trend to continue? Tune in this week to find out!

Value Stocks Have Become Momentum Stocks

Mon, 22 Mar 2021 02:26:44 -0000

This week on Money Wise, Jeff is on vacation so it’s just Joe and Kyle to get into the market commentary. At the moment, the Dow Jones Industrial average was down just over 150 points, the S&P 500 was down 30 points, and the NASDAQ was down just over 104 points – all without dividends. While it is a role reversal to see the Dow outperforming NASDAQ, this isn’t necessarily something to be scared of and is most likely a consequence of businesses opening back up after the pandemic. Ultimately, this is what portfolio management is about – being prepared for the ups and the downs of the market so that the various trends and trades don’t threaten your big money picture.

At Davidson, we care about making sure that your portfolio is well rounded with the proper amount of risk for your unique financial situation. This can be a difficult and tedious process, which is why we are taking the time this week to talk about portfolio management and the 5 things every portfolio should have if you want to be successful with your investments. Tune in to find out what those key things are!

Retiree Spending Rules

Sun, 14 Mar 2021 18:44:09 -0000

As always, we begin this episode with a brief market commentary where we bring you up to date on the current market trends and what they might mean for your investments. The NASDAQ is up over 3% this week, leading us to ask ourselves, is this a trend or is this just a trade? While money has been leaving NASDAQ as of late, the reason being is still unknown – it could be that investors are allocating their funds elsewhere or it could be from trading big-name NASDAQ stocks. Davidson Capital discusses the various reasons behind why the DOW is outperforming NASDAQ as it has and what that might mean for your investment strategy and future retirement spending.

10 Myths of Retirement Planning

Sun, 07 Mar 2021 03:08:44 -0000

10 Myths of Retirement Planning

Higher Interest Rates Effect on Stocks

Mon, 01 Mar 2021 01:27:45 -0000

February 27, 2021 /Novice Investors/Are You Ready For Retirement Quiz?

Registered Investment Adviser vs. Stock Broker

Tue, 16 Feb 2021 22:15:40 -0000

February 13, 2021 Market Commentary/

Investor Psychology

Mon, 08 Feb 2021 20:52:16 -0000

February 6, 2021 Market Commentary/

Best Investment Advice Ever

Sun, 31 Jan 2021 01:13:52 -0000

January 30, 2021 Robinhood Traders/Market Commentary/

Equity Index Annuities

Sun, 24 Jan 2021 04:07:03 -0000

January 23, 2021 Market Commentary/

Portfolio Changes

Sat, 16 Jan 2021 23:08:51 -0000

January 16, 2021 Market Commentary/Lower Returns Take High Toll on Retirement