by NelsonCorp Wealth Management | Mar 28, 2023 | 4 Your Money
It’s time for 4 Your Money! John Nelson joins Local 4 News to talk about how usually increased interest rates are welcome news for banks, but not recently, and how the market is currently reacting.
by NelsonCorp Wealth Management | Mar 27, 2023 | Weekly Market Thoughts
OVERVIEW The U.S. stock market closed higher after a roller coaster type of week. The S&P 500 gained 1.39%, the Dow increased 1.18%, and the Nasdaq popped 1.66%. Growth stocks—up 1.59%—outpaced value stocks, which rose about 1%. Small caps lagged the...
by NelsonCorp Wealth Management | Mar 24, 2023 | Chart of the Week
There’s been a lot of stress in the banking system lately. So much so that recent data published by the Fed showed that a record $152.9 billion was borrowed from the Fed’s discount window last week, surpassing the $111 billion reached during the 2008 financial...
by NelsonCorp Wealth Management | Mar 23, 2023 | Indicator Insights
This week’s indicator uses the ratio of total Nasdaq volume to total NYSE volume to gauge sentiment in the stock market. The key takeaway is that the ratio is falling, a sign of increasing pessimism—which, from a contrarian perspective, could be a bullish...
by NelsonCorp Wealth Management | Mar 22, 2023 | Financial Focus
Tune in to this week’s episode of Financial Focus, where Nate Kreinbrink is joined by Andy Ferguson to explore the recent modifications in tax laws and shed light on the reasons behind the lower tax refunds this year.