How’s 2014 Doing So Far?

January was a challenging month with the major indexes losing -6% in a two week period after a strong 4th quarter in 2013.  An important part of our risk management strategy includes identifying exit prices for every stock or fund in an account.  When we buy a position, to protect our accounts against a potentially large loss, we determine at what price we … [Read more...]

The Big Disconnect

The stock market is up strongly this year, but earnings growth has slowed to a crawl. Jurrien Timmer, director of Global Macro at Fidelity weighs in on what may be in store for 2014. Click the link below to find out what he has to say. 2014 Market Outlook   This report is a publication of Guelich Capital Management LLC, a registered investment … [Read more...]

How Long Will the Stock Rally Last?

October is historically a challenging month in the market.  This October was no exception as we entered the month with a shutdown of our government.  During this uncertain time the markets pulled back as one would expect, however, as the deadline for the Debt Ceiling increase approached, investors demonstrated optimism that some agreement would be reached.  … [Read more...]

Medicare Open Enrollment Time

October 15 until December 7, 2013 is open enrollment in Medicare for the 2014 Year.  Visit and enter your zip code to compare options. If you are already covered by Medicare this is the time to compare plans to see if you will benefit from a change in coverage in 2014.  Those who are Medicare eligible can choose between what is called … [Read more...]

October Sales Tax Holiday

If you are in the market for a new appliance, be sure to check this out right away.  Beginning today, October 11th, purchases of certain WaterSense and Energy Star qualified products are exempt from Virginia sales tax.  This tax holiday will last until midnight on Monday, October 14th.  Many items including, but not limited to dishwashers, refrigerators, … [Read more...]

How will Obamacare Affect the Economy and the Market?

Most conversations about how Obamacare will impact the economy focus on JOBS. There are two opposing views drawn on party-lines and both sides are passionate about their opinions. Opponents of this legislation claim that the law will encourage employers to reduce the work week to 29 hours or less and trim their workforce to stay under 50 full-time … [Read more...]

The Affordable Care Act and the Investor

For answers to some basic questions about who should visit the new Healthcare Exchanges on October 1st, check out our post.  Today we explore how Obamacare will impact investors. After all is said and done, there is no free lunch!  We all know that and we know that extending affordable insurance coverage to millions of Americans currently uninsured … [Read more...]

The Affordable Care Act is Here!

Also known as Obamacare, open enrollment for the Affordable Care Act is set to start on Tuesday, October 1st. This is one of the most politically charged issues of our time. As a financial advisor, my responsibility is to provide wise financial advice for my clients about the impact of this legislation. It is my intent to avoid politics in this presentation … [Read more...]

Fed Continues Bond Purchases Unabated

Federal Reserve Board voted Wednesday to continue their aggressive $85 billion per month bond-buying program with no tapering in sight.  In a 2:00 p.m. news conference they stated they want to see more evidence that the economy is strong enough to handle any reduction in the current stimulus program.  They hastened to add that they are poised to begin … [Read more...]

The Dow Drops 3 Big Names

The Wall Street Journal calls this the "biggest shake-up of the 30-stock index in almost a decade".  The three lowest priced stocks get bumped on September 20th on this price-weighted index.  The higher the stock price the more influence any given stock has on the price change in the Dow, so these three stocks have had little to do with the gains in the … [Read more...]