NetWorth Radio Advance Report - February 12, 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 February 12, 2018.

Advance Report

Radio Show

Thursday’s 1000 point drop in the Dow completed the official definition of a correction, defined as an equity market drop of 10% or more.
To put this in perspective, U.S. blue chip indexes, the Dow and S&P 500 first reached current levels in late November. This week’s charts show 1000 point, 4% swings in the Dow almost each trading session. We used the Dow “Mini” futures to show a drop to near the 200 day moving average near 23,000. Trading was defined as “the battle of the machines” as end of day drops and overnight drops indicate institutional sell and buy programs kicking in often while most of slept.
This week’s program dives into the most important questions this week in a fast pace educational tour of global market activity with portfolio strategy discussion.
What is rebalancing?
How did rebalancing contribute to the correction?
What does this tell us about 2018 strategy?
What is a range bound market?
What are the risks in equity and bonds going forward?
Dow Jones Industrial Average Futures Index (Close on 1/26/2018 – 02/09/2018) 

-Courtesy of Bloomberg LP

Dow Jones Industrial Average Index (Approx. 4 months)

-Courtesy of Bloomberg LP

 C.B.O.E. 10 Year Treasury Note Yield Index (Approx. 4 years)

-Courtesy of Bloomberg LP

 VelocityShares Daily Inverse VIX Short Term E.T.N. (Approx. 1 year, 3 months)

-Courtesy of Bloomberg LP

Headline Round Up!


*Correction! Risks?
*Gone to Texas: Over a Half Million New Residents Moving Here Each Year.
*Energy Updates: Brazoria County Booming Over LNG Terminals Exporting Plastic Pellets, Ethane By Product.
*Houston We Have a Labor Shortage! 45% Raises in Construction Plus Energy Bounce Back.
*Texas Unemployment Just 3.9%.
*FedEx and UPS Watch Out: Amazon’s Going to Eat Some of Your Lunch Too!
*No Government Shut Down.
*Bad Day for Richest: $100 Billion Gone in a Day.
*Hedgie Wedgie! Many Hedge Funds Got it Wrong. Alternatives Warning.
*Machines and Algorithms Go Bonkers.
*Thank You Donald! Twitter Turns a Profit.
*Snap Update.
*Robo Advisors Websites Crash: Wealth Front, Betterment, Vanguard, and Schwab.
*At Your Service! Service Industry Expansion 10 Year High.

 

Profit Report:


*What is the VIX and what are the dangers in derivative exchange traded notes and funds?
*Wisdom from Bob Doll and Ray Dalio this week.
*Pension updates: Biggest Deficits. Guidance for the future investing and interest rates.
*This week’s featured research from ClearBridge on income investing.
*Cryptocurrency dangers?
*What did Bob Doll say that can help us plan strategy.

 

Featured Research Solutions:


Investors are invited to improve decision making with a comprehensive tour of global economics, indicators, and actual results.
*ClearBridge on Energy Income Investing – Dangers and Potential Rewards.

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