Continuation

PUBLISHED Jul 3, 2023, 1:15:52 AM        SHARE

img
imgTom Hamilton

June 30, 2023 – This market continues to “Climb The Wall of Worry” since the confirmed breakout in early May. We’ve made it through the Bank Failure scare that happened a mire 2 months ago and many folks remain concerned about banks, inflation, the economy geo-political risks (i.e. Russia & China) and our domestic politics. There’s plenty to worry about but . . . employment is high, inflation is easing and (so far) the rest appears to be contained. This market IS pricing in a “soft landing” for the economy.

History does confirm that stocks actually can go higher with interest rates increasing and our recent ultra-low rates were just not “normal” nor sustainable. Overall the market breath continues to improve; that is more stocks are participating in the general climb higher. New Highs are overtaking New Lows; the Advance / Decline ratios are improving too. Clearly a wild card event could throw a loop and this market is susceptible to news in a significant way; all is not “sweetness & light”, that’s true. But if we wait for a sure thing, we’ll be closer to the next market top that a bottom. With reward comes risk, such is life. I am expecting a minor pullback early next week. It should be on light volume.

As a reminder: The US stock markets are open on Monday, July 3, but will close early at 1pm EDT. Those in the US, have a Happy & Safe 4th of July. Take Care and have a good week. …. Tom ….

Chart by www.StockCharts.com



Sound investments
don't happen alone

Find your crew, build teams, compete in VS MODE, and identify investment trends in our evergrowing investment ecosystem. You aren't on an island anymore, and our community is here to help you make informed decisions in a complex world.

More Reads
Is American Express Stock a Buy?
Image

American Express is not a “set it and forget it” stock. If American Express stops growing its payment network, you need to stop what you’re doing and check out its competitors.

Dividend Income Summary: Lanny’s April 2023 Summary
Image

This is what dividend investing is all about! Investing in dividend stocks allows YOU to earn dividend income, the best passive income stream! Bias, you better believe it.

Leggett & Platt: A Beaten Down Dividend King
Image

This Dividend King has had a rough 52 weeks. Over the last 52 weeks, Leggett & Platt (LEG) is down 15% of the last 52 weeks and down 23% over the last 5 years.

Lowe’s (LOW): A Worthy Dividend King
Image

If you are looking for a high-quality dividend growth company, you will be very interested in our next undervalued stock. Today we will be discussing Lowe’s Companies, a Dividend King.

Recent Stock Purchase April 2023
Image

As you know by now I make a stock purchase every single month no matter what is going on in the world and despite the doom and gloom headlines.

Looking into the JEPI ETF Hype… What is this ETF?!
Image

There is an ETF in this dividend investing, social media driven world at the moment. No, today’s video isn’t about Charles Schwab’s SCHD! Today’s video is about the premium income ETF – JEPI from JPMorgan Chase. This high yielding, almost 10%, ETF has garnered the attention of many investors portfolio.

Is Caterpillar a Buy?
Image

Caterpillar is an industrial company best known for its construction equipment. Some lesser known components of its business are diesel engines, mining equipment, and financing.

3 Dividend Kings for Long-Term Investors
Image

There are no better stocks for long-term dividend growth and creating passive income than the Dividend Kings. They have stood the test of time.

3 Bank Stocks for 2023
Image

Some banks, such as Silicon Valley Bank (SIVBQ), Credit Suisse, and so on, have recently made the news due to the problems they experienced.

The Best Long-Term Stocks To Buy In 2023
Image

Investing in long-term stocks helps one avoid most of the drama that the mainstream media loves to cover on Wall Street.

VOO vs. QQQ: Which ETF is a Better for the Long-Term?
Image

VOO and QQQ track different indices, the popular S&P 500 Index and Nasdaq-100, respectively. But they have some overlap, and both are extremely popular.

TD Bank Is A Top 10 North American Bank
Image

‘It’s common for people to say “I’m going to wait until the dust has settled.” But it is when the knives are falling and the people are most terrified that the best bargains are available – if you wait until the dust settles, the bargains are gone.’

Texas Instruments (TXN): Strong Performance, but Trading at a Premium
Image

Texas Instruments is the leader of the pact and one of the best in the industry. The company is off to strong start in 2023.

Recent Stock Purchase March 2023
Image

As you know by now I make a stock purchase every single month no matter what is going on in the world and despite the doom and gloom headlines.

Recent Stock Purchase/Sale February 2023
Image

As you know by now I make a stock purchase every single month no matter what is going on in the world and despite the doom and gloom headlines.

Dividend Income Update January 2023
Image

It’s dividend income update time. One of my favorite times of the month as I get to review my previous month of passive income received from my dividend income portfolio.

Is AES a Buy
Image

Considering buying AES stock? Learn about their operations, potential for growth, and risks involved before making any investment decisions.

Is EIX a Buy?
Image

Get expert analysis on EIX (Edison International) to determine if it's a good buy. Analyze financials, market trends, and future prospects to invest wisely.

ED Stock Forecast
Image

Get the latest ED stock forecast and analysis, including price predictions, news, and expert insights. Stay informed about the performance of Consolidated Edison, Inc., and make informed investment decisions with our comprehensive stock market data and forecasts.

Dividend Safety Analysis: Franklin Resources (BEN)
Image

The firm is a Dividend Aristocrat and Dividend Champion with 42 years of increases, which makes it interesting to dividend growth investors. The dividend has been raised continuously since 1981.

Resources for Publishers
Resources for New Investors
Boosted with BossCoin
Financial Literacy Leaders
user_profile
Tom Hamilton
user_profile
Wise Intelligent
user_profile
Mark Robertson
user_profile
Kevin Matthews II
user_profile
Akeiva Ellis
user_profile
Brendan Dale
user_profile
Kenneth Chavis IV
user_profile
Sharita Humphrey