20 08, 2018

Finding Your Purpose: Roles & Goals

2018-08-20T11:46:50+00:00 By |Categories: Retirement Coaching|

From the desk of Lori Aufderhar, Summit's Director of Operations/Retirement Coach: I was Dr. So-and-so, now who am I? When we are working, we get so caught up in who we are and what we do. We then judge each other and ourselves accordingly. Once retired – who am I now? What is my purpose? [...]

20 08, 2018

Market Update: Turkey Currency Crisis

2018-08-20T11:13:37+00:00 By |Categories: Market Update|

Daily Insights Earnings season tracker got a little bit better over the past week. S&P 500 Index earnings growth is now tracking to +24.6% year over year for the second quarter, a solid 4% above June 30 expectations and 0.2% above the prior week. Revenue growth is tracking to +9.4% year over year, well ahead of the [...]

13 08, 2018

What Happened to Sell in May?

2018-08-13T11:55:52+00:00 By |Categories: Economy|

The S&P 500 Index is up approximately 8% since May when we were bombarded with warnings to “Sell in May and Go Away.” Remember, the worst six months of the year historically have taken place from May through October, while the other six months are the best. As we noted at the time though (in [...]

13 08, 2018

Longest Bull Market Ever

2018-08-13T11:51:57+00:00 By |Categories: Economy|

Don’t look now, but on August 22, 2018, this current bull market will top the 1990s bull market as the longest ever. However, be aware that the 1990s bull market saw the S&P 500 Index gain 417%, while the current bull market is up approximately 320%—so you can’t call this the greatest bull market…yet. “Age [...]

13 08, 2018

Market Update: Impressive earnings season enters final stretch

2018-08-13T11:42:52+00:00 By |Categories: Market Update|

Daily Insights Impressive earnings season enters final stretch.With more than 90% of S&P 500 Index companies having reported second quarter results, year-over-year earnings growth for the index is tracking to an impressive +24.4%, nearly 4% above expectations as of June 30. Also impressive, revenue growth is tracking to +9.3%, an unusually large 1%-plus upside surprise. Beat rates [...]

13 08, 2018

Twice As Nice

2018-08-13T11:37:24+00:00 By |Categories: Retirement Coaching|

From the desk of Lori Aufderhar, Summit's Director of Operations/Retirement Coach: It’s twice as much fun when you share time with a friend or family member. Get out and get active instead of making plans to meet for food or beverages - how about meeting for a bike ride, a round of golf, or a [...]

6 08, 2018

Under the influence

2018-08-06T12:01:28+00:00 By |Categories: Retirement Coaching|

From the desk of Lori Aufderhar, Summit's Director of Operations/Retirement Coach: What are you under the influence of? Not of alcohol or drugs - who or what influences you? Who do you have in your life and how are they affecting you? Negative Nellie or Positive Patti? He could tell every time she hung out [...]

6 08, 2018

Top Sectors in August Based on Seasonal Patterns

2018-08-06T11:41:48+00:00 By |Categories: Economy|

Are you looking for a strategy that may give your portfolio a boost during what’s historically been one of the weakest months of the year for stocks? Well, our seasonal analysis in the LPL Chart of the Day highlights specific sectors and industry groups within the S&P 500 Index that have consistently outperformed the benchmark [...]

6 08, 2018

Are Only a Few Stocks Really Leading Us Higher?

2018-08-06T11:36:07+00:00 By |Categories: Economy|

One of the more popular narratives we’ve heard this year is that only a few large stocks are pulling the overall market higher. We don’t agree with this assessment, and have cited several metrics over the last few months that showed market participation has been broad and eventual new highs in the S&P 500 Index [...]

6 08, 2018

Market Update: S&P 500 on its hottest streak of the year

2018-08-06T11:25:52+00:00 By |Categories: Market Update|

Daily Insights Excellent Q2 earnings. With 404 S&P 500 Indexcompanies having reported second quarter 2018 earnings results, a solid 79% have exceeded earnings targets, delivering robust 23.5% year-over-year growth on a nearly 3% upside surprise. Revenue growth of 9.2% is a solid 1.1% above expectations as of quarter end. Though the amount of earnings upside is typical, [...]

30 07, 2018

Market Update: Earnings Season Rolls Along

2018-07-30T12:30:13+00:00 By |Categories: Market Update|

Daily Insights Earnings season rolls along. The current earnings season has been marked by very strong growth, limited upside, and resilient estimates. With 265 S&P 500 index companies having reported, earnings growth is tracking to a solid +22.6% year over year, about 2% above June 30 estimates, with an impressive 82% of companies having beaten estimates. Revenue [...]

30 07, 2018

A Place of Peace: Home

2018-08-03T13:18:07+00:00 By |Categories: Retirement Coaching|

From the desk of Lori Aufderhar, Summit's Director of Operations/Retirement Coach: Home … a place to return after work or vacation. A place to feel protected from the storms of life. A place to relax, where you’ve got all the comforts of life around you. When you get home, how do you feel? Do you [...]

30 07, 2018

August Preview: A Month for the Bears?

2018-07-30T12:04:22+00:00 By |Categories: Economy|

The surprise summer rally continues, as the S&P 500 Index is on pace to gain for a fourth consecutive month. In fact, should July close in the green, over the past 21 months, the S&P 500 has closed higher all but three times. Here is the catch: The calendar is something we should not ignore, [...]

25 07, 2018

Go Big or Don’t At All

2018-07-25T10:10:36+00:00 By |Categories: Uncategorized|

Nathan Krampe, CFP spent time with Naveen Jain, serial entrepreneur about his latest endeavors into healthcare. Naveen had some pointed things to say regarding starting something big versus starting small. https://www.youtube.com/watch?v=zjEhQ75zt0w

23 07, 2018

Social Security Benefits You Need to Know

2018-07-23T12:58:31+00:00 By |Categories: Estate Planning, Taxes|

Section 6: Social Security Benefits You Need to Know According to a study from the Center on Budget and Policy Priorities, without Social Security income, the estimated poverty rate among seniors would be expected to spike above 40%.1 With Social Security income, however, the senior poverty rate is less than 9%.2 For such an important [...]

23 07, 2018

Cut It In Half

2018-07-23T11:29:57+00:00 By |Categories: Retirement Coaching|

From the desk of Lori Aufderhar, Summit's Director of Operations/Retirement Coach: It’s pretty, but I don’t want to wear it. Desserts that is. Very tempting but I’d rather fit into the pretty dress than wear the results of the tempting dessert or fancy beverage. Cut it in half and get: -Half the calories -Share it [...]