Markets Experience Cold Start to 2015

The S&P 500 was down almost 3% in January as a variety of negative factors dominated headlines throughout the month. The month began with concerns about Greek elections and falling oil, and neither of those concerns really abated as the month progressed. The January 25th Greek elections, won by a leftist party that is opposed […]

December Volatility — All About that Basin

The markets closed out 2014 with a seesaw of volatility, much like we saw in October — and might be faced with again throughout 2015. The S&P 500 was down only a fraction of 1% for the month, but was down over 4.6% at one point in mid-December before rallying into the end of the […]

Impact of Capital Gains and Dividends on Mutual Fund Share Prices

December is usually the time of year when we get concerned calls from clients asking why their mutual funds “dropped” on a day where the market was positive. Most often, there is a simple explanation for this phenomenon: the payment of capital gains and/or dividends. Capital gains and dividends that are generated within mutual funds […]

Investors Thankful for Strong Market in November

The market’s strong rally to close October continued into November, albeit at a much more moderate pace, as the S&P 500 gained about 2.5% for the month. Compared to recent months, November lacked a lot of attention-grabbing headlines and saw a lot less overall volatility. One area that did experience quite a bit of choppiness […]

Ways to Play “Bad” Earnings from “Good” Companies

Investors have relentlessly bashed the likes of McDonalds, IBM, Coca Cola, etc. lately for lackluster (to put it lightly) earnings and forward guidance suggesting such companies (stocks) are un-ownable.  To view such companies through the single prism of equity ownership is a very short sighted investment philosophy.  Simply adjusting your strategy along the capital structure […]