COVID-19: The road ahead for markets
By David Nelson, CFA CMT It took less than seven trading sessions for the S&P 500 to fall from an all-time high to a full-blown correction, now off 12.76% from the February 19th close. Fears that the coronavirus which first broke out in Wuhan an industrial city in the Hubei province of China has wreaked […]
Apple Warns
Commentary: Coming into Monday futures were up modestly as markets in Europe seemed to be taking their cue from China’s strong performance. Government leaders indicate they will do whatever it takes to support the economy considering the pandemic that has swept the nation. At 4PM Monday Apple warned that they won’t be able to make […]
Opportunity Zones – Lifeline for the community or tax break for the rich?
By Brandon Lacoff and David Nelson CFA “The American people have been scammed…” says Representative Rashida Talaib (D-MI). A vocal critic of the President, the Congresswoman has introduced legislation (H.R. 5252) to strike down Trump’s Opportunity Zone (“OZ”) program established under the 2017 Tax Cuts and Jobs Act. Confident in its ability to succeed where […]
New Year’s Eve look at 2020
Where to invest in 2020. New Year’s Eve with Fox Business anchor Charles Payne and Divine Capital Markets head Dani Divine.
STOP THE PRESSES!
By David Nelson, CFA CMT Maybe it’s the fact that former New York City Mayor Mike Bloomberg announced he was joining a crowded Democratic field to run for President. It could be the media is more focused on the Patriots Cowboy Sunday match up or the monster ticket sales for Disney’s long awaited Frozen II. Nevertheless, […]