NetWorth Radio Advance Report - October 29, 2018

In this NetWorth Radio Advance Report, Spencer McGowan, President of McGowanGroup Asset Management, delivers financial news and intelligence with insights you can act on for October 29, 2018.

Advance Report

Radio Show

The October lows took the Dow total return for the year to near zero after falling below 25,000. The irony is that the Dow and S&P indexes recently hit a high with gains of about 10% for the year, when the Dow topped just below 27,000.
This amounts to a classic bull market head fake: suck your money in and spit it out!
This week’s program focuses on GOOD MATH for forward returns, BARGAINS, and, of course CASH FLOW strategies.

Alex’s Questions:

What should we do now?
Hey Spencer! What did you tell clients this week?

Spencer’s Questions:

Profit Diagnosis: Range Bound! Not a “Contagion?”
“Keep calm, carry on?”
Dow Jones Industrial Average Index (Approx. 10 Months)

-Courtesy of Bloomberg

NYSE F.A.N.G. Index (Approx. 10 Months)

-Courtesy of Bloomberg

CBOE 30 Year Treasury Bond Yield Index & Short Term Interest Rate (Approx. 5 Years)

-Courtesy of Bloomberg

World Interest Rate Probability for the United States Federal Funds Rate (11/8/2018 – 10/30/2019)

 

-Courtesy of Bloomberg

 

Headline Round Up!


 *Equity Smackdown!
*Texas 52 Week Lows: AT&T, Texas Instruments, Southwest Airlines, Trinity Industries, Torchmark, and Frost Bank?
*Southwest Great Report! Stock Falls?
*American Airlines BAD Report! Stock Rallies?
*Texas Capital Great Report! Stock Smashed? What does it mean? Range bound market finding its level? Housing market slowdown worries smoosh bank shares?
*Pending Home Sales Updates.
*Tesla Makes Money? Positive Cash Flow?
*Oil and Gas Updates!
*The Bong Arm of the Law: Koreans Can’t Toke with Canadians? Aroma and Taste Innovations.
*Financial Innovation: Alexa Buys and Sells for You! Speak clearly and turn her off during parties?

 

Profit Report!

*Trustee Boot Camp: Trusts, Social Security Numbers, Tax ID Numbers, and Estate Planning. Boots on the ground updates from real clients.

 

Research Round Up!


Investors are invited to improve decision making with a comprehensive tour of global economics, indicators, and actual results.
*Breaking Bad or Just Taking a Break???

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