Hindsight is a Beautiful Thing – Weekly Market Watch
“Sell in May and go away” is an old Wall Street adage. It actually originated in England as “sell in May and go away” until St. Leger’s Day which was in mid September. Its roots are in historical stock market performance data that show something like 80%+ of total historical stock markets gains have been achieved during the months of November through April. This May it... Read More
Fear Confidence – Weekly Market Watch
FEAR CONFIDENCE As much as markets are about fundamentals, they are about confidence. Confidence or the lack thereof is what is driving the markets down. Confidence is about trust which is built upon credibility and competence, competency of corporate management and competency of governments. Our government is now seeking to create new legislation that will effectively address the problems caused by... Read More
Volatility Means Down – Weekly Market Watch
Volatility is definitely back, and that typically means that the market is going down, right? Volatility can be up or down but investors only become nervous when it is going down. We enjoyed weeks of consistent up markets, often dramatic, but this was not volatility, this is the way it is supposed to be. Volatility returns in order to shake you out of your shoes and make you do things that are totally... Read More
HLB Gross Collins to host Impact of Health Care Reform on Employers
HLB Gross Collins, P.C. will host The Impact of Health Care Reform on Employers on June 8, 2010. This event is presented by HLB Gross Collins, P.C. and special guest Congressman Phil Gingrey, M.D. This will be a breakfast seminar held at the Cobb Energy Performing Arts Centre. For more information, email Lane Bassham. Read More
SEC Mandates RIA Surprise Examinations
New surprise examination requirement for RIAs are in effect. Many Registered Investment Advisors will be affected by this and need to take action to comply. As of March 12, 2010, new amendments in regards to the Investment Advisers Act of 1940 Custody Rule are in effect. The changes will have a significant impact on custody practices of many private investment funds and their managers. The amended... Read More
What are the two most difficult things to do in investing?
What is the normal thought process when the stock market is exploding upward? Buy, Buy, Buy! If I don’t buy now, I am going to miss this run up. Unfortunately the average investor waits until the market has gone up to the point that it is due for a correction when they are buying. The most difficult thing to do is to sell when the market or a stock is high. On the contrary, the other most... Read More
HLBGC to Host Seminar on Government Contracting
Government Contracting The Good, the Bad and the Ugly Federal agencies are outsourcing over 90% of their work. To the civilian entrepreneur, this could represent additional work outside of the commercial market. There are some key steps that MUST be accomplished when competing for Government contracts. May 19, 2010 8:00 AM – 10:00 AM Continental breakfast included At the office of HLB Gross Collins,... Read More
Market Watch – Is the Euphoria Over?
…For Now The equity market has rallied relentlessly for 12 of the last 14 months. But now it is facing headwinds that perhaps will be cause for another equity correction. How deep, no-one knows. During this 14 month rally, corrections have occurred just as the quarterly earnings season winds down, which is precisely where we are right now. Will this pattern continue? Make no mistake about it,... Read More
Is Buy and Hold the Best Investment Strategy?
Academic studies show that you should not attempt to time the market; you may miss the good times if you do. This is the buy and hold proponent’s favorite argument. Yet there is more to this study that offers another, very important point of view. An investment in the S&P 500 Index for the period 1990 to 2008 in a buy and hold mode returned 5.0% annualized, yet if you missed only the 40... Read More