Congratulations on Your Retirement…Now, Don’t Go Broke!

May 11, 2017 | posted in: Blog, Financial Insights, Uncategorized | by

Being newly retired is definitely a reason to celebrate — and spend — some of the hard-earned money you’ve saved over the years.
Yet with Americans living longer, experts say you need to plan for a retirement that could last 30 years or more. Add in ever-rising medical costs, mostly stagnant Social Security checks and all of a sudden that pile of cash doesn’t look so big. Authors Katie Young and Sharon Epperson lay out some rookie mistakes to avoid so that you don’t run out of money iin retirement. Click here to read the full article and view the video from CNBC.

NASDAQ 6000? What DOES that mean?

Did you know we hit another major market milestone recently? The NASDAQ Composite broke 6,000, 17 years after first reaching 5,000 in March 2000. So what does that mean? According to Burt White, Chief Investment Officer, and Jeffrey Buchbinder, CFA Market Strategist, of LPL Financial, “Although this milestone has sparked more bubble discussions in the media, we believe stocks are far from bubble territory. A comparison of the Nasdaq today versus March 2000 reveals much lower valuations and far less euphoric sentiment.” Read on to learn why, and why it matters. 

Is “Sell in May & Go Away” the Way To Go?

Happy May Day!
One of the most popular trading axioms is to “sell in May and go away,” as equity returns historically have been relatively poor during the six months from May to October and much better from November through April. Is it true? On the surface, it is.  But…is it?  Read more from LPL Research and Ryan Detrick, Senior Market Strategist, to find out!

The NBA, The Markets…And Plenty of PB&J!

April 27, 2017 | posted in: Blog, Financial Insights | by

As I began to write this blog post on the outlook for financial markets, I received a fun article from ESPN highlighting a surprising NBA-wide team tradition of featuring a variety of yummy peanut butter and jelly sandwiches for their player pre-game and post-game buffets. Who knew? There is actually a competition between teams regarding the creativity and quality of their PB&J offerings. For example, the world champion Cleveland Cavaliers’ scrumptious pre-tip-off PB&J line-up boasts artisanal breads, homemade grape and raspberry jellies, peanut and almond butter, Nutella and bananas.   Read More  »

Q1 2017 Earnings Preview: Double Digits?

The S&P 500 appears likely to produce double-digit year-over-year earnings growth for the first quarter, powered by energy’s rebound. Last year’s first quarter marked the trough of the earnings recession as S&P 500 earnings fell 5%, setting up an easy comparison. We have several reasons to be optimistic, including good macro data and resilient estimates.  Read more about those reasons from LPL Financial’s Burt White, Chief Investment Officer, and Jeffrey Buchbinder, CFA Market Strategist.

Q1 RECAP: STRONG START

April already? Time flies when you’re having fun!
Fixed income is off to a good start in 2017, with almost all sectors in positive territory for the year at the end of the first quarter. It was in many ways a reversal of the fourth quarter of 2016, with some election-driven trades unwinding, as longer-duration fixed income benefitted from markets that may have overshot their landing in the fourth quarter of 2016. Read more from LPL Financial’s Matthew E. Peterson Chief Wealth Strategist and Colin Allen, CFA Assistant Vice President.