This week on “Money Talks” Managing Associate K.C. Smith, CFP®, and Senior Associate Jarrett McKenzie, CFP®, CWS®, join Director of Research Troy Harmon, CFA, CVA, to discuss the market’s moves during the week. K.C. leads the hosts on a case study on net unrealized appreciation that investors may have if they own their company’s stock in their 401(k) or qualified retirement plan. The experts round out the show answering listeners’ questions on NASDAQ vs. ICE, Short-Term Cash Reserves and Virtus Investment Partners.
Managing Associate K.C. Smith, CFP®, Senior Associate Jarrett McKenzie, CFP®, CWS®, and Troy Harmon, CFA, CVA, discuss owning company stock in your qualified retirement plan and how net unrealized appreciation rules can provide a significant tax savings.
The S&P 500 and NASDAQ Composite inched to fresh highs Monday, lifted by gains in technology and energy shares. A new record close from Apple boosted the indexes, which spent much of the day in negative territory before popping higher in the final minutes of trading. Energy firms were the best-performing sector in the S&P 500, adding 0.7% as oil prices climbed. Declines in industrial-metals prices weighed on materials producers, limiting gains. Materials shares in the S&P 500 fell 0.9% as copper prices slipped after weak economic data from China raised concerns about slowing demand from the world’s largest consumer of the metal. Declines in shares of Walt Disney and Boeing dragged down the Dow Jones Industrial Average on Wednesday. The Consumer Discretionary sector faces another test Friday, when monthly retail sales data are due. Some analysts said it could also help clarify whether recent signs of cooling economic growth are temporary, as the Federal Reserve has suggested. U.S. stock indexes pulled back Thursday, as disappointing earnings reports put pressure on shares of consumer-discretionary companies. Major indexes initially headed toward one of their biggest declines of the month as retail stocks slid, then pared losses heading into the afternoon. Consumer-discretionary shares in the S&P 500 fell 0.6%, posting the biggest decline among the index’s 11 sectors, after retail giants including Macy’s and Kohl’s posted tepid quarterly results. Investors sold shares of brick-and-mortar retailers, pressuring U.S. stocks and contributing to the S&P 500’s first weekly decline in a month. Disappointing retail earnings abounded during the week, and retail sales improved slightly less than anticipated in April, according to the Commerce Department on Friday. Treasury yields and the dollar edged lower Friday, after a closely watched measure of underlying U.S. inflation came in soft. When excluding food and energy prices, the consumer-price index, which measures what Americans pay for everything from vegetables to new vehicles, rose 1.9% in April from the prior year, the first time it has been below 2% since October 2015, the Labor Department reported.
The “Money Talks” experts answer listeners’ questions on NASDAQ as a stock holding, short-term cash reserves, and Virtus Investment Partners.
This week on “Money Talks” Director of Research Troy Harmon, CFA, CVA, and his team, Research Analysts Nick Antonucci, CVA, and Jacob Keen, discuss the market’s moves during the week. The analysts explore a case study on investing in alternative assets. They discuss the types of alternative assets that average investors may consider if they understand the investment risks involved. The experts round out the show answering listeners’ questions on owning stock options vs. stocks; what “actively managed funds” means and “kid-friendly” stock picks: Hasboro, Activision Blizzard and World Wrestling Entertainment.
Led by Director of Research, Troy Harmon, CFA, CVA, the Henssler Research Analysts, Nick Antonucci, CVA, and Jacob Keen discuss alternative investments and whether or not they are appropriate for average investors.
A climb in technology shares buoyed U.S. stocks, boosting the Nasdaq Composite to a fresh record on Monday. The gains lifted Apple, Google-parent Alphabet, Microsoft, Amazon.com and Facebook to records, the first time those companies—the five largest by market capitalization—all reached highs on the same day. The gains in the tech heavyweights came as investors are analyzing signs of lethargic domestic growth. U.S. factory activity expanded at a slower pace in April, the Institute for Supply Management said Monday, while Americans’ spending was flat in March for the second consecutive month, according to the Commerce Department. The following day, U.S. stock indexes edged higher, as gains in shares of industrial companies offset losses in the energy sector. Stocks have mostly climbed over the past two weeks, supported by earnings reports pointing to corporate strength. With more than two-thirds of S&P 500 companies having reported, firms are on track to post their best results since the third quarter of 2011. Corporate news drove swings in individual stocks on Tuesday while leaving major indexes little changed. The Dow Jones Industrial Average, the U.S. dollar and government-bond yields edged higher Wednesday after the Federal Reserve held interest rates unchanged. Major indexes pared early losses after the Fed’s announcement, which some investors and analysts said signaled the central bank is looking past recent signs of tepid economic growth and holding course toward raising interest rates in June. The S&P 500 inched higher Thursday, as gains in shares of consumer companies offset a slide in the energy sector. Commodity prices slid across the board, putting pressure on shares of energy companies. Metals slid amid concerns about Chinese demand for commodities such as steel and iron. Solid corporate earnings and a slightly stronger-than-expected April jobs report lifted the S&P 500 and Nasdaq Composite to fresh records on Fridays. Hiring data released by the Labor Department on Friday bolstered the case that the broader economy is strengthening after weak signals earlier this year. Still, many investors brushed off concerns about the U.S. economy’s soft first-quarter patch and this past week the Federal Reserve suggested it is committed to tightening monetary policy. Friday’s jobs report encouraged more confidence in the stock market, some investors and analysts said. Nonfarm payrolls rose by a seasonally adjusted 211,000 in April from the prior month.
The “Money Talks” experts answer listeners’ questions on the difference between owning stock options versus individual stocks; what “actively managed funds” means, and our opinions on Hasbro, Activision Blizzard and World Wrestling Entertainment.
This week on “Money Talks”, Principal Bil Lako, CFP®, and Director of Research Troy Harmon, CFA, CVA, discuss Trump’s proposed tax plan and the market’s moves during the week. The hosts delve into a case study about how simple mistakes in estate planning can cause trouble and cost your heirs time and money. The experts round out the show answering listeners’ questions on DNP Select Income Fund and Teva Pharmaceutical Industries.
Principal Bil Lako, CFP®, and Director of Research Troy Harmon, CFA, CVA, explore some of the problems with do-it-yourself estate planning and the simple mistakes that can cost an estate money.