Newsletter and Blog

We are finally seeing the COVID spikes over the holidays being reacted to adversely in the markets Monday with a selloff that is stretching the indexes downward over 1% by midday.

As we are all preparing for this holiday and year-end festivities, the markets are also digesting headlines. We have an impending vote on another round of stimulus in the US of 900B.

After opening the week with moderate losses amid rising COVID-19 infections, stocks turned higher as investor sentiment was buoyed by the resumption of fiscal stimulus negotiations. As lawmakers discussed various proposals, stocks managed to grind higher.

We are seeing global markets rebound nicely and a Vaccine take center stage again, giving us all optimism for 2021.

This past week has been interesting. We are seemingly seeing a rotation out of Megatech and the stay-at-home investments and into the once recently shunned investments such as small cap value, energy and other areas.

Well, this weekend was quite the busy one for information and the election. We finally saw what we felt would happen, which was a Biden win. I know it's not over yet, but the election cycle is now behind many of us and we can now move on for the love of everything sacred!