January 28, 2017: Roller Coaster

Today was pretty wide-ranging. We put together a number of ideas from the last few shows to highlight the uncertainty of this market. We talked about what could take it up and down, and how ultimately which direction would win was impossible to know. As I post this the market has been dropping because of the reaction to the new Executive Order on Refugees, as well as other policies. We aren’t even two weeks into this presidency and it is looking like a wild ride. One of our students remarked that the next 4 to 8 years would be like having a free ticket on a roller coaster. My response was that I wasn’t sure that any of us were tall enough to ride it.

Check out this week’s show here: 

Given this week’s topic we are going to be conducting a special class, “Making Money In Any Market”.  If you would like free tickets to this class, call 84-48-Income (844.846.2663) and tell them that you read about it on the Next Week In Stocks website. I hope to see you there!

If you would like to submit a question to the show, or to give us feedback, please send an email to:  phoenix@tradingacademy.com. Also, check out our sister show, “The Right Side Of The Trade” on the following stations:

◾Money Radio 1510 and 99.3: Thursdays and Saturdays at noon

◾1100 KFNX:  Wednesdays at 11am and Saturdays at 2pm

◾960 The Patriot:  Saturdays at 1pm

◾1360 KPXQ:  Saturdays at noon

Of course, you can always find “Next Week In Stocks” on:

◾550 KFYI: Saturdays at 1pm and Sundays at 4am

October 22, 2016: That’s Debatable…

Well, the final debate is in the books and nothing has really changed…

As I said before the first debate, Mr. Trump appears to be done. At that time there was still a chance that between WikiLeaks and health issues that HRC might not win (if she had to step aside), but I just didn’t see a path for DJT. I still don’t. I also think HRC will now weather anything, no matter how negative, between now and the election. In my opinion there is a 99% chance she will be the next President.

Given that, we spent this week looking at what was likely to happen to the economy w/HRC in charge. Short answer, it’s not pretty (FWIW, it wouldn’t be w/DJT either.)

Times have changed. Significant organic economic growth is gone and unlikely to return. We are simply creating the illusion of prosperity through debt. This means that investment strategies like Buy and Hold that worked in the 20th century are no longer viable. Stocks are likely provide meager returns, as are bonds for the next 10-20 years. I don’t see significant increases in interest rates or economic growth for years to come.

In this show we discussed the implications of all this for your retirement. If you missed it, check it this week’s show  here: 

Given this week’s topic I am going to be doing a special class, “Trading and Investing in the 21st Century”. I will be teaching this class personally. If you would like free tickets to the class, call 84-48-Income (844.846.2663) and tell them that you read about it on the Next Week In Stocks website. I hope to see you there!

If you would like to submit a question to the show, or to give us feedback, please send an email to:  phoenix@tradingacademy.com. Also, check out our sister show, “The Right Side Of The Trade” on the following stations:

◾Money Radio 1510 and 99.3: Thursdays and Saturdays at noon

◾1100 KFNX:  Thursdays at 3pm

◾960 The Patriot:  Saturdays at 1pm

◾1360 KPXQ:  Saturdays at noon

 

 

Of course, you can always find “Next Week In Stocks” on:

◾550 KFYI: Saturdays at 1pm and Sundays at 4am

August 27, 2016: Cristal Ball…

Warren Buffet once said, “I try to buy stock in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.” I would say the same thing about countries. This election and its aftermath is going to be a nightmare…

Today we pulled out the old crystal ball. We spent a little time talking about the deteriorating finances of the country, then we looked at what was coming. We talked about the Fed, stocks, bonds, oil and a little gold. In general, this market may hold up through the election, even through next spring (it also might not), but then it could get pretty ugly.

For more specifics, check out this week’s show here:

Given this week’s topic I am going to be doing a special class, “How And When To Use Options For Income, Wealth And Protection”. I will be teaching this class personally.If you would like free tickets to the class, call 84-48-Income (844.846.2663) and tell them that you read about it on the Next Week In Stocks website. I hope to see you there!

If you would like to submit a question to the show, or to give us feedback, please send an email to:  phoenix@tradingacademy.com. Also, check out our sister show, “The Right Side Of The Trade” on the following stations:

◾Money Radio 1510 and 99.3: Thursdays and Saturdays at noon

◾1100 KFNX:  Thursdays at 4pm

Of course, you can always find “Next Week In Stocks” on:

◾550 KFYI: Saturdays at 1pm and Sundays at 4am

May 21, 2016: First, Do No Harm

This week, Hillary announced that she was going to put First Laddie Bill in charge of the economy if she wins. She stated (as reported by ABC), “My husband, who I’m going to put in charge of revitalizing the economy, ’cause you know he knows how to do it,” Clinton told the crowd…

This got me to thinking about more than the odd grammar of that sentence. People give Bill Clinton the credit for the growth in the 1990’s, but does he really deserve it? The short answer is “no”. It was simply a decade when we took on debt and spent savings, drawing demand from the past and the future to the present, ultimately weakening the economy in the long run. To be fair, this wasn’t his fault, it was driven by cheap money from the Fed, not the President, but it wasn’t some economic miracle either. Today, we still have the cheap money, but not the debt capacity we had then, making even the illusion of prosperity today even more difficult, and the future more fraught. We discussed the likely lack of growth in the economy going forward, regardless of whom is elected this fall. We also spent a little time looking at the market and commenting on the implications of the fact that stocks continue to be unable to breakout to the upside. Finally, we talked about the possible implications of the release of the Fed minutes on Wednesday.

Check the show out here: 

Given this week’s topic we are going to be doing a special class, “Successfully Investing In A Falling Market”. If you would like free tickets to the class, call 84-48-Income (844.846.2663) and tell them that you read about it on the Next Week In Stocks website. I hope to see you there!

Click Here For Free CD Offer!

If you would like to submit a question to the show, or to give us feedback, please send an email to:  phoenix@tradingacademy.com. Also, check out our sister show, “The Right Side Of The Trade” on the following stations:

◾Money Radio 1510 and 99.3: Thursday and Saturday at noon

◾1100 KFNX:  Wednesday at 3pm

Of course, you can always find “Next Week In Stocks” on:

◾550 KFYI: Saturday at 1pm and Sunday at 4am

March 12, 2016: Non-Growing Pains

In today’s show I expanded last week’s discussion on retiring in a negative interest rate world to include achieving your financial goals in a no-growth world. If you can’t make money in bonds, and if stocks aren’t going up (because there is no growth), what can you do?

It is my opinion that real interest rates are likely to stay low for years, if not decades, and there will be little to no economic growth. Therefore it is unlikely that there will be much in the way of gains in stock prices. That doesn’t mean you can’t learn to manage your money successfully in that environment, but the classic buy and hold approach is unlikely to succeed.

I also talked a little politics and the election’s possible impact on the market. If you are easily offended, and/or drinking the Kool-Aid for any candidate, you might want to avoid the last segment of the show. If however you understand the world is not a “safe-space”, you can check out this week’s show here:

Given this week’s topic I am going to be doing a special class, “Achieving Your Financial Goals In A No Growth World”. I will be teaching this class personally. If you would like free tickets to the class, call 84-48-Income (844.846.2663) and tell them that you read about it on the Next Week In Stocks website. I hope to see you there!

Click Here For Free CD Offer!

If you would like to submit a question to the show, or to give us feedback, please send an email to:  phoenix@tradingacademy.com. Also, check out our sister show, “The Right Side Of The Trade” on the following stations:

◾Money Radio 1510 and 99.3: Thursday and Saturday at noon

◾1100 KFNX:  Wednesday at 3pm

Of course, you can always find “Next Week In Stocks” on:

◾550 KFYI: Saturday at 1pm and Sunday at 4am

March 5, 2016: Europe On -$5/Day

This week we covered many topics:  currency manipulation, growing jobs, tax policy and regulation; and that was just in the first segment!

Here is the bottom line. We are looking at years, if not decades of low real growth (and when properly defined, of real contraction) and the next step is likely to be negative interest rates. In that environment, how can you reach your financial goals? If bonds pay nothing (or charge you) and stocks grow 1% or less overall (for the last 15 years they’ve compounded at 2%, and that’s with a market at an all time high), traditional approaches like pensions, buy and hold, IRA’s, 401(k)’s, Mutual Funds, are unlikely to yield a comfortable, or even survivable retirement. Given that Social Security has been running a deficit since 2010, which will only get worse, I wouldn’t count on that either…

In the old days if you had a million dollars, you could put it in a CD, make 5% a year and have $50K/year to spend without drawing down your savings. To do the same thing going forward will likely require $5 million, and most people are totally unprepared for this world (plus, how far is $50K going to get you these days?) In this show we go through the assumptions and math behind these assertions. We also talked about the importance of 1940 on the S&P (we have now closed above) and the importance of 1990-1995 as the next level to watch. Finally we discussed why the market has been going up, and why you need to watch out for early April… Check this week’s show out here:

Given this week’s topic we are going to be doing a special class, “Financial Security In A World Of Negative Interest Rates”. If you would like free tickets to the class, call 84-48-Income (844.846.2663) and tell them that you read about it on the Next Week In Stocks website. I hope to see you there!

Click Here For Free CD Offer!

If you would like to submit a question to the show, or to give us feedback, please send an email to:  phoenix@tradingacademy.com. Also, check out our sister show, “The Right Side Of The Trade” on the following stations:

◾Money Radio 1510 and 99.3: Thursday and Saturday at noon

◾1100 KFNX:  Wednesday at 3pm

Of course, you can always find “Next Week In Stocks” on:

◾550 KFYI: Saturday at 1pm and Sunday at 4am

February 27, 2016: For Our Mutual Benefit

On Next Week In Stocks, we spend a lot of time talking about risk management. This week was no different. We went through a number of stocks and asked a very simple question, “If you own this stock, should you sell it now or should you hold”? The reality is that you should have made that decision before you bought, but the vast majority of retail traders never think this way.

In the markets, there is no certainty, only probability. You are going to be wrong sometimes, so you need to determine when you are going to get out of a stock (or any investment) before you buy. Again, very few investors think this way. They just assume that stocks will always come back. They don’t.

One of many problems with mutual funds is that you can’t really control when you get out; there is no real risk management. On this week’s show we discussed this and many other problems with these funds. We also talked a little politics. Check out this week’s show here: 

Given this week’s topic we are going to be doing a special class, “Outperforming Your Mutual Funds”. We will discuss alternatives to giving your money  these funds and hoping for the best. As we have discussed many times, the market is likely to be volatile, but unlikely to actually appreciate more than 1-2% a year for the next 10-20 years, given today’s valuations. Mutual funds are likely to do worse. If you would like free tickets to the class, call 84-48-Income (844.846.2663) and tell them that you read about it on the Next Week In Stocks website. I hope to see you there!

Click Here For Free CD Offer!

If you would like to submit a question to the show, or to give us feedback, please send an email to:  phoenix@tradingacademy.com. Also, check out our sister show, “The Right Side Of The Trade” on the following stations:

◾Money Radio 1510 and 99.3: Thursday and Saturday at noon

◾1100 KFNX:  Wednesday at 3pm

Of course, you can always find “Next Week In Stocks” on:

◾550 KFYI: Saturday at 1pm and Sunday at 4am