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

Schwab’s State of Health

Schwab’s State of Health

Are you concerned about the potential banking crisis?  We are happy to announce that Schwab, our custodian for the majority of our investment accounts, is in great shape and...

read more
Special Market Update

Special Market Update

We closed out the QQQ (NASDAQ 100 ETF) long/short positions yesterday.  This morning we just sold RSP, ROBO and UBOT due to weakness in their respective sectors.  We are...

read more
EVs―The Next Big Thing

EVs―The Next Big Thing

EVs―The Next Big ThingAn Interesting EmailWe recently received an interesting email from a reader of our RFS website. Katie Griffin is a Senior Communications Specialist at...

read more
Happy Thanksgiving

Happy Thanksgiving

Thanksgiving is a time to appreciate what we value most, a time to cherish the many gifts we have, and the people that make life special. We can also be thankful that we...

read more
Veterans Day 2022

Veterans Day 2022

Join us in honoring Veterans Day and recognizing the deeply appreciated service of the U.S. military.

read more
6Lc_psgUAAAAAA9c7MediJBuq3wAxIyxDSt73c9j