March 2020 Newsletter

Backdrop, What We Know, Don’t Know, Current Management Strategy and Expectations in a Year A few days ago, I sent you a March 9th report from Credit Suisse Research describing their analysis of S&P 500 earnings for 2020. After accounting for disruptions from the Corona virus and the collapse of pricing in oil, they have concluded the S&P 500 will … Read More

February 2020 Newsletter

Welcome to the month and year of the first palindrome in over 909 years. 02/02/2020 was the first world calendar palindrome since 11/11/1111. If you’re struggling to understand the significance of these historic events, there may be none. This itself is an important recognition as most of our observations may include novelty without importance or, like failed impeachment, the significance … Read More


News on the new SECURE ACT of 2019 As some of you may have heard, there is a new tax act which was signed into law by President Trump on December 20, 2019. This affects you. Why? Beginning January 2020, the prohibition of contributions to a traditional IRA account by individuals who have reached the age 70 ½ is repealed.(Section … Read More

December 2019 Newsletter

Merry Christmas By Vaughn Woods, CFP, MBA Merry Christmas? That’s what Credit Suisse is predicting for 2020. If they are correct, it’s a scenario that sets up a grand year for investors and may spell the last leg up before the end of this economic cycle. You’ve heard me say this, but again, the two best times to invest are … Read More

September 2019 Newsletter

Portfolio Strategy September 2019 By Vaughn Woods, CFP, MBA With Great Britain and the European Union in flat to recessionary growth and for fear of spillover into the U.S. economy, the Federal Reserve is expected to announce still lower interest rates in September. The 30-year Treasury bond is already yielding just 1.98% (a record low) and the 10-year bond yields … Read More

August 2019 Newsletter

Back to the basics. Ok. It’s time to discuss the value of using the John Wooden basics of basketball as an investment strategy. As you may know, John Wooden was the greatest head coach of men’s college basketball of all time. His coaching acumen started as a player. At just 5’ 10” tall, he was the first player to be … Read More

May Newsletter

Chaos is currency. Tariffs are just one strategy. Think tanks oppose think tanks in a fight for dominant world hegemony. The democratic industrial nations are experiencing a growing existential threat from Chinese mercantilism.  A trade deal with China was never meant to be anything other than an armistice between two very different economic business models- now butting heads. The Thucydides … Read More

March 2019 Economics and Strategy Update

Economics and Strategy Update The latest U.S. Equity Strategy from Credit Suisse put the year-end price target of the S&P 500 at approximately 3,022 or roughly 7.2% higher than the current 2,819 price on the SPY (SPDR S&P 500 ETF).  The last time I introduced 2019 year-end values for the S&P 500 was October of 2018.  At the time Credit … Read More

March 2019 Newsletter

Overbought to Oversold By Vaughn Woods   After more than two months of an overbought setting the overbought/oversold oscillator is back to oversold territory by a pinch. This scenario may become more pronounced though at this time volatility measures are very tame. With the markets somewhat exhausted on the buy side it is easy to predict a short-term correction of … Read More

December 2018 Newsletter

Market Correction and Posture Leading into 2019 As of Monday, December 17, 2018 the major market indexes, including the S&P 500 index are testing their previous 12-month lows. Fundamentally the economy appears strong enough to engage in correction tests of 10-15% without flashing signs of a recession. However, from a technically standpoint, it’s important that the S&P 500 remains above … Read More