Calabash Asset Management LLC, North Potomac, MD (2026)

01/03/2024

We are kicking off 2024 with tips on financial wellness! While many of us start off the year with resolutions to budget better and save more, how can we actually protect and build wealth?

One of the most important topics we talk to our clients about is diversifying their portfolio 💰

Diversifying your investment portfolio is a crucial strategy to manage risk and potentially improve returns over the long term. In other words: don’t put all your eggs in one basket 🪺

This involves spreading your investments across different asset classes and securities to reduce the impact of any one investment's poor performance.

Feel free to share this tip with your network to help them on their financial wellness journey. And stay tuned for part two coming soon!

12/22/2023

Wishing you a joyful holiday season and a prosperous New Year! 🌟

As the year draws to a close, we extend our warmest wishes for a peaceful and happy holiday season. We hope your season is filled with happiness and quality time with loved ones.

Have any fun plans this holiday season? We would love to hear them - share in the comments below ⬇️

11/22/2023

Do you know what we love most about Thanksgiving? It's the only day "Leg Day" takes on a new meaning 😄 As you prep for a marathon of eating delicious food, remember we're so grateful for your support. Wishing you a joyful Thanksgiving! 🦃

PS: We're taking a break on Nov 23-24 and will be back on Nov 27.

Do you have a favorite food you like to make for Thanksgiving? Let us know in the comments ⬇️

11/18/2021

Record high levels for stocks boosted by stronger-than-expected October retail sales, solid January-quarter outlooks from giants such as Walmart (WMT), Target (TGT) and Home Depot (HD) and consistently improving labor market data suggest robust holiday spending should drive economic growth over the fourth quarter.
U.S. equity futures are moving higher Thursday, while oil prices slumped and Treasury bond yields eased, as markets looked away from inflation pressures and into the underlying strength of the American consumer heading into the fast-approaching holiday season.
Nvidia (NVDA) shares surged higher in pre-market trading after the chipmaker posted stronger-than-expected third quarter earnings and gave an upbeat near-term outlook.
Cisco Systems (CSCO) shares slumped lower in pre-market trading after posting weaker-than-expected first quarter sales and cautioning on supply chain hits to its hardware business in the months ahead.
Global oil prices extended declines following reports that U.S. President Joe Biden has asked other major world leaders to authorize the release of petroleum reserves to boost global supplies and offset the impact of OPEC production cuts. Learn more at CalabashAsset.com

11/15/2021

Calabash Market View
As we head into the final throes of the third quarter earnings season, U.S. equity futures are moving while Treasury bond yields are easing and the dollar is slowly giving back some of last week's gains. Investors are betting on accelerated tightening from the Federal Reserve
Futures contracts tied to the Dow Jones Industrial Average are indicating a 130 point opening gain while those linked to the S&P 500 are priced for a 12.5 point move to the upside.
Boeing BA shares jumped higher in pre-market trading amid reports that after authorities in China are edging closer to lifting their two-and-a-half year ban on the 737 MAX.
Royal Dutch Shell RDS.A shares jumped higher in pre-market trading after Europe's biggest oil company said it would move its corporate headquarters, as well as its main share listing, to London.
Elon Musk to Bernie - "Want me to sell more stock, Bernie? Just say the word" after Sanders demanded “the extremely wealthy pay their fair share" of taxes." Tesla (TSLA) shares slipped lower in pre-market trading amid yet another suggestion that founder and CEO Elon Musk is preparing to sell stock in the clean energy car company. Learn more at CalabashAsset.com

08/04/2021

Stock futures fluctuated Wednesday as Wall Street monitored earnings reports and the spread of the delta variant of COVID-19 across the globe and awaited U.S. jobs data later in the week.
Earnings season has been strong so far with about 87% of S&P 500 companies reporting earnings and revenue beats. About 70% of the S&P 500 now has reported earnings.
The spread of the COVID-19 delta strain has renewed fears that governments could reinstitute lockdowns and stall the economic recovery. A surge of the virus in China was the broadest since the world's second-largest economy controlled its initial outbreak last year.
Today we expect earnings reports from the following companies; General Motors (GM), CVS Health (CVS), Uber Technologies (UBER), Booking Holdings (BKNG), Roku (ROKU), Kraft Heinz (KHC), Electronic Arts (EA) and Etsy (ETSY). Learn more at http://ow.ly/BM3A50FKbQU

07/30/2021

Stock futures are mostly lower as surging cases of the Delta coronavirus variant clouds the growth outlook. An internal document from the U.S. Centers for Disease Control and Prevention has suggested the Delta coronavirus variant surging across the U.S. appears to cause more severe illness and spread as easily as chickenpox.
http://ow.ly/y7S350FGYLt (AMZN) shares traded lower Friday after the online retail giant posted stronger-than-expected second quarter earnings after the closing bell Thursday but revenue numbers that fell shy of Wall Street forecasts.
Today we expect to see earnings reports from the following companies; Procter & Gamble (PG), Exxon Mobil (XOM), Chevron (CVX), AbbVie (ABBV), Caterpillar (CAT) and Colgate-Palmolive (CL).
Robinhood (HOOD) shares traded lower in premarket trading Friday after finishing its first trading day as a public company on Thursday down more than 8%.
Tesla (TSLA) shares traded lower on Friday after reports that some Tesla owners could get $625 each to settle claims that an over-the-air update pushed to their Model S electric sedans in May 2019 reduced their battery's charging speed. Learn more at http://ow.ly/6GqL50FGYLs

07/16/2021

Breakfast at Calabash Asset Management LLC
Optimism about the economic recovery has been tempered this week by concerns growth could stall as variants of the COVID-19 virus spread. Stock futures, however, rose modestly Friday as investors monitored quarterly earnings for the effect inflation might be having on businesses.
Today we expect to see earnings reports from the following companies; Charles Schwab ( SCHW), State Street (STT), Kansas City Southern (KSU) and First Horizon (FHN).
Shares of Moderna (MRNA) were rising nearly 7% in premarket trading Friday after it was announced the vaccine maker would join the S&P 500 index. The stock was rising 6.69% early Friday to $277.04. The stock has gained almost 149% so far in 2021.
Moderna will replace Alexion Pharmaceuticals (ALXN) in the S&P 500 on July 21, according to S&P Dow Jones Indices, the manager of the index. Alexion is being acquired by AstraZeneca (AZN).
Shares of F45 Training Holdings (FXLV), a fitness franchise backed by actor Mark Wahlberg, turned in a muted performance Thursday in its market debut.
After rising as much as 11% on Thursday, the stock lost most of those gains and ended at $16.20, just 1.25% above the initial public offering price of $16. Learn more at http://ow.ly/8uyc50FxlUG

07/01/2021

Breakfast at Calabash Asset Management LLC
The third quarter kicks off today with stock futures pointing higher and we look toward the release of the U.S. jobs report for indications of the economy's recovery.
The strong showing for equities has been led largely by assurances from the Federal Reserve that it will remain accommodative by keeping interest rates low for a while longer as the economy rebounds from the coronavirus pandemic.
Today we expect earnings reports from the following Walgreens Boots Alliance (WBA), McCormick (MKC), Acuity Brands (AYI) and Simply Good Foods (SMPL).
Ford ( F) edged higher early Thursday after halting production at the Michigan factory that recently began building its Bronco SUV for a lack of parts and curtailing production at eight additional factories due to the global semiconductor shortage.
Didi Global (DIDI), the Chinese ride-hailing giant, was rising sharply in premarket trading Thursday following its less-than-spectacular Wall Street debut on Wednesday.
Semiconductor maker Micron Technology (MU) issued an earnings and sales forecast for its fiscal fourth quarter above Wall Street estimates and said it was selling its fabrication plant in Utah for Texas Instruments TXN for $1.5 billion. Learn more at http://ow.ly/hVQD50Fmyrg

06/29/2021

Breakfast at Calabash Asset Management LLC
Will this new coronavirus Delta variant hurt the economic recovery and re-opening? Stock Investors are slightly concerned as futures wobbled a day after the S&P 500 and Nasdaq closed at record highs.
Facebook (FB) edged higher in premarket trading Tuesday after a judge dismissed two antitrust suits filed by the federal government and by a group of states against the social media giant.
Facebook closed more than 4% higher on Monday at $355.64 and its market value crossed $1 trillion.

Cathie Wood's ARK Invest will partner with 21Shares U.S. LLC to file for the launch of the ARK 21Shares Bitcoin ETF. ARK and 21Shares are joining a crowded field of competitors vying to be the first U.S. bitcoin ETF approved, according to David Dierking of ETF Focus.

Morgan Stanley (MS) doubled its quarterly dividend to 70 cents a share, the first of the big U.S. banks to do so after the banks passed the Federal Reserve's stress tests and were freed from restrictions on paying dividends and buying back stock. Learn more at http://ow.ly/nhVb50FkKuw

06/24/2021

Breakfast at Calabash Asset Management LLC
Stock futures are trading higher this Thursday morning as the Federal Reserve assured it will continue to support the economy. With the inflation goals near, the Federal Reserve may start to raise rates in 2022 and begin the tapering process.
Today we expect to see earnings reports from the following companies Nike (NKE), BlackBerry (BB), FedEx (FDX), Accenture (ACN), Carnival (CCL), Rite Aid (RAD) and Darden Restaurants (DRI).
Tesla (TSLA) was rising in premarket trading Thursday, a day after shares of the electric vehicle maker rose 5.3% for their best day in more than two months. The stock rose 2.87% to $675.40 in premarket trading Thursday.
John McAfee, the tech eccentric who founded the antivirus software company McAfee MCFE, was found dead Wednesday in a jail outside Barcelona. Learn more at http://ow.ly/9aAj50FhxzG

06/22/2021

Stocks look to be trending modestly lower this Tuesday ahead of testimony from Federal Reserve Chairman Jerome Powell, who is expected to tell Congress the economy has shown "sustained improvement" but that the recovery has accelerated inflation.
"Widespread vaccinations have joined unprecedented monetary and fiscal policy actions in providing strong support to the recovery. Indicators of economic activity and employment have continued to strengthen, and real GDP this year appears to be on track to post its fastest rate of increase in decades," Powell said in written comments ahead of a House panel hearing Tuesday.
Korn Ferry (KFY), the management consulting firm, is expected to post quarterly earnings on Tuesday.
Bitcoin fell to below $32,000 early Tuesday, raising the prospects for a steeper selloff if the world's largest cryptocurrency breaches $30,000.
Torchlight Energy Resources (TRCH) extended gains Tuesday after jumping to a record high in the previous session as the oil and natural gas developer was touted on retail trading forums as a potential short squeeze. Learn more at http://ow.ly/K8bB50FfJIJ

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