In Observance of Labor Day Hudock Capital Group LLC will be closing at 4:00 PM Friday, August 30th and remain closed Monday, September 2nd 2024
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October Data Supports Stock Rally
Written by RiverFront Investment Group. Reprinted with permission from RiverFront Investment Group. Redistribution is prohibited.
Happy Veterans Day! From all of us at Hudock Capital Group, LLC, we want to say “Thank you” to our nation’s veterans. We want to let them know how much they mean to us. We recognize that they have given us gifts we can never repay. The gift of their time. The gift of their talents. The gift of their bodies, their minds, their strength, and their sacrifice.
Most of all, we want them to know:
We Will Never Forget
General Douglas MacArthur once said, “Old soldiers never die, they just fade away.” But it shouldn’t have to be that way—certainly not during a soldier’s own lifetime. The sad fact is that most of us probably spend more time thinking about celebrities than we do soldiers. But every time we close our eyes and think; every moment we take to read about, listen to, or even imagine what it was like to serve in the steamy jungles of Vietnam, the hard highlands of Korea, the brutal deserts of Iraq, or the rugged mountains of Afghanistan; every prayer we pray or song we sing …
All of it ensures that our veterans will never, ever fade away.
So this Veterans Day, let’s all take the time to say “Thank you” any way we can. Maybe it’s through a service project. Maybe it’s leaving a tray of cookies on the doorstep of the veteran down the street. Maybe it’s simply going to the library to check out a book on a conflict we don’t know much about.
But whatever we do, let’s all make a commitment to our veterans: that their deeds will never be forgotten. That they will never feel unappreciated. That they never fade away.
From all of us at Hudock Capital Group, we wish you—and any veterans in your life—a happy Veterans Day.
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Blockbuster Payroll Gains (Almost) Guarantee Fed Rate Hike
Written by Jeremy Siegel. Reprinted with permission from Jeremy Siegel. Redistribution is prohibited.
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Estimated 2015 operating earnings of the S&P 500 dropped nearly $2 last month to $109.11 after firms, although beating Q3 estimates, gave downward guidance on Q4 earnings. If these earnings are realized, 2015 earnings will be almost 4% under 2014 levels and not far from 2013 levels. At a closing S&P last night of 2079, this puts the market at 19.0 times 2015 earnings. 2016 earnings estimates also fell, but are probably still too high at $126.95. One can see from the graphs below that the fall in estimated operating and reported earnings is the most rapid by far in recent years.
Investor sentiment has understandably rebounded from 7 year low reached last month and now stands at -13.5. Stocks are only a few percent from their highs, but there is still enough bearishness to spur a rally if the profit outlook improves.
Written by Jeremy Siegel. Reprinted with permission from Jeremy Siegel. Redistribution is prohibited.
By Definition, Asset Allocation is Active
Written by RiverFront Investment Group. Reprinted with permission from RiverFront Investment Group. Redistribution is prohibited.
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Fed is Ready for December and so are the Markets
Written by Jeremy Siegel. Reprinted with permission from Jeremy Siegel. Redistribution is prohibited.
Stocks Rise To Resistance Written by RiverFront Investment Group. Reprinted with permission from RiverFront Investment Group. Redistribution is prohibited.
4th Quarter Outlook… Better
Written by RiverFront Investment Group. Reprinted with permission from RiverFront Investment Group. Redistribution is prohibited.
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Enough of the Fed! Slow Growth and Low Inflation Keeps Rates Low
Written by Jeremy Siegel. Reprinted with permission from Jeremy Siegel. Redistribution is prohibited.
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Earnings Should Bounce in 2016; More Thoughts on the Productivity Collapse
Written by Jeremy Siegel. Reprinted with permission from Jeremy Siegel. Redistribution is prohibited.