Q: What is notable about the recent equity market rally? A: Per a recent article in the Wall Street Journal (WSJ), “A broader group of companies has fueled the recent climb to records”. Q: 2024 Cryptomania: What is FOMO and how does it relate to record highs in Bitcoin as well as other cryptocurrencies? A: Fear of missing out compels …

Q: How long can the current rally in U.S. equity markets last? A: Historically, equity market rallies tend to last longer than expected. For example, Alan Greenspan declared that the markets were experiencing “irrational exuberance” in 1996 and the rally continued to the year 2000. Q: What could this week’s trading in retail stocks indicate this week? A: Anemic 2024 …

Q: Where are some of the most impressive gains for 2024 in the equity markets, so far, and what unique ability was required to find them? A: One example, the S&P 500 Index is up over 6% in just 2 months. The unique ability to hunt for bargains during market declines during 2022 and 2023 was a key to enjoying …

Dallas Business Journal: “Dallas-Fort Worth comes to terms with its status as nation’s No. 2 financial hub. Dallas-Fort Worth has added 59.2K financial jobs since the end of 2019. On track to surpass 400,000 financial services jobs in 2025 or sooner. Dallas Mayor Eric Johnson: “Right now the smart money is on Dallas, Texas-a land of genuine opportunity where attracting …

Q: Are stocks too expensive for investors right now? A: 24 times trailing earnings vs. an average of 20 times. Price to earnings growth is slightly below the 10-year average. “PappaDean” McGowan points out that the universe of publicly traded stocks is shrinking at about $3 trillion per year. Q: What consumer categories have massive inflation recently? A: In January …

Q:  What is “Capitulation” buying in the financial markets. A:  After extraordinary rallies in an investment sector or asset class, investors left behind finally begin to buy in to avoid missing out. Often, the resulting capitulation buying rally marks a peak price for the asset. Q:  What are some examples of dangerous overpricing in the equity markets for investors? A:   1970s    “Nifty Fifty”        1990s    “Dot-Com” …

Q: What was a positive surprise for U.S. investor’s this week? A: The growth rate spiked to 4.2% for the 1st Quarter of 2024 according to the Atlanta Federal Reserve’s GDPNow growth model. Q: What can Caterpillar shares tell investors about a potential booming global economy? A: Caterpillar’s most recent earnings report showed 12% revenue growth and a 40% spike …

Q: Net Zero Carbon Emissions? Q: Bitcoin Exchange Traded Funds (ETFs) = $1.5 Million Per Coin? Q: Cannabis Stocks? Q: Does Real Estate Always Goes Up? Q: Are Investors Better Off Now Than 2019? Q: Is There an “Artificial Intelligence (AI) Supercycle?” Q: What Type of Performance Have McGowanGroup Clients Seen Over the Last 22 Years?   Headline Round Up …

Q: Should investors buy Bitcoin Exchange Traded Funds (ETFs)? A: So far, the premise of massive money flows into Bitcoin driven by the launch of ETFs has not come to fruition. The charts below for Fidelity and BlackRock ETFs illustrate that point for now. Q: Why are the equity markets “smooshy” year to date? A: The McGowanGroup sees three factors …

Q: What was this week’s news regarding the major Bitcoin Drama? A: Monday Bitcoin spiked to near $48k per coin when a seemingly authentic tweet from the SEC’s X account announced approval of Spot Bitcoin Exchange Traded Funds (ETFs). A short time later, the SEC tweeted that their X account had been hacked & the previous message was unauthorized. At …