Investing Caffeine
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Investing Caffeine tackles the complex issues of investing and financial planning, with the goal of educating and entertaining your mind. Welcome to Investing Caffeine, a blog written by professional money manager Wade W. Slome.
Investing Caffeine
3w ago
The AI Wave
The weather may be cold during winter, but stocks were scorching hot last month, fueled in part by the surge in performance from AI (Artificial Intelligence) stocks. More specifically, the Dow Jones Industrial Average was up +2.2% to 38,996. The S&P 500 surged +5.2% to 5,096. And the AI-heavy Nasdaq index climbed the most by +6.1% to 16,092.
Leading the bull market brigade higher was NVIDIA Corp (NVDA), which saw its stock launch higher by +29% for the month after reporting eye-popping quarterly revenues of $22 billion, more than tripling versus last year’s comparable quarter ..read more
Investing Caffeine
2M ago
The race into 2024 has begun, and the U.S. market is off to a quick start. The S&P 500 jumped out of the gates by +1.6%, and the technology and AI (Artificial Intelligence) – heavy NASDAQ index raced out by +1.2%. The bull market rally broadened out at the end of 2023, but 2024 returned to the leaders of last year’s pack, the Magnificent 7 (see also Mission Accomplished). Out front, in the lead of the Mag 7, is Nvidia with a +24% gain in January.
Inflation dropping (see chart below), the Federal Reserve signaling a decline in interest rates, low unemployment (3.7%), and healthy econo ..read more
Investing Caffeine
2M ago
Unlock valuable insights at our upcoming webinar:
The Keys to ’23 & What’s in Store for ’24!
Tuesday, January 30th at 12:00 PM
Join us by registering here:https://lnkd.in/gczn4CPN
Don’t miss out on the latest trends and expert discussions.
We will delve into a comprehensive market update. Register now ..read more
Investing Caffeine
2M ago
Wade Slome, President and Founder of Sidoxia Capital Management, recently had the pleasure of being featured on The Douglas Coleman Show hosted by Douglas Coleman.
Drawing from professional and personal life lessons, Wade shares his knowledge about navigating market trends, building investment strategies, and also discuss the books he has authored.
If you are interested in learning more about the books Wade has authored, please visit: https://www.sidoxia.com/wades-books ..read more
Investing Caffeine
2M ago
Wade Slome, President and Founder of Sidoxia Capital Management, recently had the pleasure of being featured on My Future Business hosted by Rick Nuske. Wade shares his knowledge about the financial markets, his investing philosophy, and experiences that have shaped both his professional career and personal life. Tune in to the interview below ..read more
Investing Caffeine
3M ago
You may have witnessed some fireworks on New Year’s Eve, but those weren’t the only fireworks exploding. The last two months of 2023 finished with a bang! More specifically, over this short period, the S&P 500 index skyrocketed +13.7%, NASDAQ +16.8%, and the Dow Jones Industrial Average +14.0%. The gains have been even more impressive for the cheaper, more interest-rate-sensitive small-cap stocks (IJR +21.8%), which I have highlighted for months (see also AI Revolution).
For the full year, the bull market was on an even bigger stampede: S&P 500 +24%, NASDAQ +43%, and Dow +14%.
Althoug ..read more
Investing Caffeine
4M ago
With all this potential recession talk that has lasted two years, you would expect a lump of coal to arrive in your Christmas stocking this year. But quite the contrary, Santa Claus appears to have arrived early this year as evidenced by the +8.9% spike in prices last month, the largest monthly increase in 10 years. The NASDAQ fared slightly better with a +10.7% rise, and the Dow Jones Industrial Average lagged by a tad with an +8.0% monthly increase.
Different prognosticators have suggested the recent surge in stock prices is a precursor for a “Santa Claus rally.” I do not consider myself a ..read more
Investing Caffeine
5M ago
The devastating damage to humanity from the Israeli-Hamas war that is in and around the Gaza strip should not be diminished or understated – innocent lives on both sides suffer in any conflict. However, the economic impact should not be overstated either. In other words, the hundreds of billions of dollars in financial stock market losses this month are not proportional to the Mideast economic losses incurred thus far.
To put the events in perspective, the population of Israel approximates 10 million people and the population located in the Gaza Strip is about two million people. There are mo ..read more
Investing Caffeine
6M ago
Consumer wallets and balance sheets remain flush with cash as employment remains near record-high levels. Cash in consumer wallets and money in the bank help the economy keep chugging along at a healthy clip. More specifically, as you can see in the chart below, the net worth of U.S. households has reached a record $154.3 trillion dollars in the most recent month, thanks to appreciation in stocks, gains in real estate, and relatively stable levels of debt.
Source: Calafia Beach Pundit
Unemployment Remains Low
In addition, the unemployment rate is sitting at 3.8 ..read more
Investing Caffeine
6M ago
Register now for our upcoming Zoom webinar, “Hot Summer, Hotter Market – Economic & Investment Update” presented by Wade W. Slome, CFA, CFP on Wednesday, September 27th @ 12:00 p.m.!
In order to ensure access to the webinar, please don’t forget to register:
CLICK HERE TO REGISTER
Thank you for choosing to join us. We can’t wait to see you on Wednesday, September 27th @ 12:00 p.m ..read more