First Trust COVID-19 Tracker

Fight For COVID-19 Freedom Update Despite rising cases, recent data suggests the U.S. is responding well to the pandemic. As of Mid-July the number reporting Covid-19 positive was starting to fall and hospitals were operating around the 66% occupancy level. The death rate as a share of hospitalizations has increased a bit, but it remains close […]

First Trust COVID-19 TRACKER

First Trust Portfolios has done an excellent job of providing many additional data points regarding the progress we have made in the fight against COVID-19. We hope this helps in your understanding of the economic and market recovery underway. Click on the image below for addition detail.

2019 IRA Contribution Deadline Has Been Extended

Due to the coronavirus tax filing extension, there’s still time to make a regular IRA contribution for 2019. You have until your tax return due date (not including extensions) to contribute up to $6,000 for 2019 ($7,000 if you were age 50 or older on December 31, 2019). For most taxpayers, the contribution deadline for […]

Market Update, Monday the 30th

First, some good news in the number of new cases. The John Hopkins Coronavirus Resource Center reported a drop in the total number of daily cases from 67.4k cases on Friday to 59.4k on Saturday. We now know that President Trump has extended the social distancing guidelines in the U.S. until the end of April. The newest […]

Collateral Damage

I have become aware of new information about what may be preventing the REPO market from operating properly.  Despite emergency Fed intervention, the REPO market continues to have trouble meeting cash demands.  It may not be a liquidity problem after all, it appears to be a problem with collateral. The following example from Fed Governor […]

Dightman Capital – Q4 Outlook

U.S. stocks have experienced a strong recovery in 2019 but the increase in volatility the last several months is a concern.  If stock indexes can hold current gains, they will deliver solid double-digit returns for the year despite sputtering trade progress with China and political turmoil in Washington DC.  While political developments can lead to […]

A Divided Market

There are clearly opposite views on the market right now.  After a fabulous day for all three indexes yesterday, not to mention the performance of many leading stocks, some commentators remain committed to the idea we are headed for a recession. A week ago, recession fears were plastered on the front pages of all the […]

Q2 2019 Market & Economic Review

Volatility returned to the U.S. stock market during the second quarter of 2019.  By the end of May, broad U.S. stock indexes were below levels from the start of April.  The S&P 500 actually traded below its 200 day moving average before a rally kicked off in June which ultimately delivered gains for the quarter. […]

Will A Trade War Take Down The U.S. Stock Market?

What is the biggest risk? The U.S. stock market is under pressure on concerns over US/China trade talks.  Last week stocks attempted a recovery, but a breakdown in trade talks has increased selling pressure this week. Given the circumstances, U.S. stocks have held up well.  The topic is not new; the market has had time […]