by Thomas Mullooly on January 9, 2012
Podcast January 9, 2012
Even though the Standard & Poor’s 500 Index was essentially flat (up less than one percent) in 2011, we witnessed the most volatility in recent memory. However, the volatility might NOT be coming from the daily news that so many feel are driving the markets. In Bear markets (and we are in a secular bear market in 2012), there is (often) a tremendous increase in volatility. But the strange phenomenon about bear markets is they typically finish where they began. We also spend time in the podcast discussing why Mullooly Asset Management does not make market predictions and why predictions about the economy and predictions about the stock market are usually a waste of time.
We encourage our readers and listeners to our podcast to consult with their investment adviser before making a decision to buy or sell any investment.
And if you are relying on a podcast for specific investment advice, you are making a huge mistake. Please speak with an investment adviser before making ANY investment decisions.
If you do not have an investment adviser in the New Jersey or New York area, we encourage you to contact Mullooly Asset Management at 732-223-9000 or through our website.
Under no circumstances should any of the content discussed on this podcast be considered investment advice.
The Mullooly Asset Management Podcast can be found below. The Podcast can also be found on iTunes. Go to the iTunes Store and simply search for “mullooly.” Under no circumstances should the information contained in this blog or podcast be considered investment advice.
Thank you for listening. We welcome your comments and questions.
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by Thomas Mullooly on November 1, 2011
After a good run in late October, the last day of October AND now the first day of November are off to a thud. What’s happening?
There is a significant difference between the market action in late July – early August and now. The drop in August was enough to break support lines. But at the present time, we are operating in a positive trend… a big difference. While the market carries a long-term negative (bearish) outlook, there will be times where the short and intermediate term is positive.
If you are relying on a blog post for specific investment advice, you are making a huge mistake. Please speak with an investment adviser before making ANY investment decisions.
If you do not have an investment adviser, we encourage you to contact Mullooly Asset Management at 732-223-9000, or through our website. Under no circumstances should the content discussed here to be considered specific investment advice.
For example, in 2008, we had similar long term bearish market tones, but yet we had a sustained three month rally starting in late spring that made (guys like me) scratch our heads. I would also add the following:
Past performance may not be indicative of future results. Therefore, no current or prospective client should assume that the future performance of any specific investment or investment strategy will be profitable or equal to past performance levels.
All investment strategies have the potential for profit or loss. Changes in investment strategies, contributions, or withdrawals may materially alter the performance of your portfolio. Different types of investments involve varying degrees of risk, and there can be no assurance that any specific investment will either be suitable or profitable for an investor’s portfolio.
Here is a snapshot of what is happening right now:
Be sure to get in touch with us if you questions regarding the overall game plan.
Positive Trend Can Be Your Friend
by Thomas Mullooly on November 1, 2011
After a good run in late October, the last day of October AND now the first day of November are off to a thud. What’s happening?
There is a significant difference between the market action in late July – early August and now. The drop in August was enough to break support lines. But at the present time, we are operating in a positive trend… a big difference. While the market carries a long-term negative (bearish) outlook, there will be times where the short and intermediate term is positive.
If you are relying on a blog post for specific investment advice, you are making a huge mistake. Please speak with an investment adviser before making ANY investment decisions.
If you do not have an investment adviser, we encourage you to contact Mullooly Asset Management at 732-223-9000, or through our website. Under no circumstances should the content discussed here to be considered specific investment advice.
For example, in 2008, we had similar long term bearish market tones, but yet we had a sustained three month rally starting in late spring that made (guys like me) scratch our heads. I would also add the following:
Past performance may not be indicative of future results. Therefore, no current or prospective client should assume that the future performance of any specific investment or investment strategy will be profitable or equal to past performance levels.
All investment strategies have the potential for profit or loss. Changes in investment strategies, contributions, or withdrawals may materially alter the performance of your portfolio. Different types of investments involve varying degrees of risk, and there can be no assurance that any specific investment will either be suitable or profitable for an investor’s portfolio.
Here is a snapshot of what is happening right now:
Be sure to get in touch with us if you questions regarding the overall game plan.
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