All,
We are still on a “technical buy” – meaning we are staying in the markets. Please view the chart below. Green is good, red is bad, and we have a 45 degree trend line in play. Notice that today we have recovered the 50 day moving average, this is a good sign as it indicates a positive movement in the market. The farthest, right hand side green bar, crossing thru the thick Fuchsia line. Even though CV19 is still a major problem, and unemployment claims have gone up again this morning, many believe the worst may be behind us. Everyone has an opinion. Either way, the market is liking the prospects for a recovery, and partial state-by-state openings. Also, unless the deal falls apart at the last minute, another $425 billion small business stimulus package should pass the House today, having already passed the Senate.
I’m trying to not overload you with info, but just hit the high points.
As before, call me if you have any investment questions!!!
Jack
240 401 2355

Most Popular Financial Stories
Where Trillions Dwell
How Are Your Investments Doing Lately? Receive A Free, No-Obligation 2nd Opinion On Your Investment Portfolio > Where Trillions Dwell Back in the 1980s, a...
Heads Or Tails?
How Are Your Investments Doing Lately? Receive A Free, No-Obligation 2nd Opinion On Your Investment Portfolio > December 9, 2020 Our Mission Is To Create And Preserve...
Memorial Day
In honor of Memorial Day, we’d like to tell you a story about a man named Ben Salomon.Ben Salomon was a dentist. He went to school, got his degree, and started...
Special Market Update
First, I want to thank everyone for all the calls and emails. We are all doing great, and I hope all of you are safe and healthy. At the same time, I am humbled...
Breaking down the CARES Act
How Are Your Investments Doing Lately? Receive A Free, No-Obligation 2nd Opinion On Your Investment Portfolio > Our Mission Is To Create And Preserve Client Wealth...
From Jack Reutemann – Special Message
Dear clients, family and friends,As a follow-up to last Monday’s email, I want to thank the dozens of people who wrote back with praise and thanks. Last week saw...