Meets You & Your Life

On President’s Day we remember all our past Presidents, but I still like to honor our first President and his humility, character and wisdom which he brought to public service at a critical time in our history.

A better understanding of what is going on in the market results from digging deeper than the performance of major indexes. By the end of January all eleven major industry sectors are in a positive trend.

The curtain has dropped on 2022 and what a challenging year it was. The old saw “as January goes so goes the year” was certainly true for 2022.

After a seven week run, the Dow attained its highest level in seven months. The index rallied 20% off the bottom that was set on October 13th and has recovered about 62% of its year-to-date losses.

Our veterans deserve nothing less than our respect with grateful hearts for the price they have paid for our freedom. Thank a veteran today!

After four failed rallies this year, the October rally is the fifth attempt to recover from this year’s bear market. We see some encouraging signs, but only time will tell if this October rally holds.