Eureka Wealth Management

12/08/2023

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Tis the season for Happy Holidays and year-end tax tips so you can enjoy your Christmas presents! There are many tax changes (and opportunities) headed our way. The Supreme Court is deciding on major changes to the tax code that could limit the “unlimited power” of Congress’s ability to tax, i...

08/14/2023

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Taking a contrarian view to that of major news outlets that bonds are now dull investments that no longer offer the safety it was known for after 40 years. With indicators showing a drop in US inflation, the Fed could very well be forced to raise interest rates again which would be bullish for Treas...

05/16/2023

Last month, I had the pleasure of attending the Market Technician Association Symposium in New York City. As an attendee of the association for over a decade, I was excited to reconnect with familiar faces and meet new professionals who share my passion for predicting market trends and learned valua...

04/24/2023

Investors have always been at risk of falling prey to scammers who try to steal their hard-earned money. However, with the advent of technology, scammers are becoming increasingly sophisticated in their tactics. One of the latest tools that scammers are using is artificial intelligence (AI). AI is b...

04/04/2023

The US was on track to reduce inflation after the Federal Reserve increased interest rates to almost 5% in a single year, at least until the sixth largest bank in the US suddenly couldn’t return deposits to account holders. This shock to the banking system forced the Biden Administration to provid...

02/17/2023

The worst might be behind us. An even better way to look at the market lately is to believe that there’s an enormous opportunity ahead of us! The scale of last year’s market correction was breathtaking to many investors. An area hit hard was the traditionally conservative asset class of bonds be...

11/04/2022

To the delight of every investor in the last decade, tech stocks were the golden goose of every winning portfolio, returning over 600% (QQQ index). This abruptly changed this year with the inevitable and eventual rise in US interest rates. Investors who didn’t diversify adequately felt the brunt o...

09/15/2022

The Federal Reserve once again spooked markets as August CPI data showed an increase (not a decrease, as expected) of 0.1%. Not a whole lot of extra inflation in my opinion but enough to send the Fed into a fritz as they may raise rates another .75-1% next week. August CPI is old news. But, is there...

08/08/2022

As the world returns to the office, after 2 years of working from home, more people are contemplating early retirement. But inflation and longer life expectancy may be hampering an expedited path toward this goal. What are some ways to “safely” meet retirement goals so there is no future worry? ...

05/09/2022

Markets went notably lower this week, marking its fifth consecutive week of declines. More notably, is that bonds didn’t do any better and had an unusually high correlation with stocks since the beginning of the year. The S&P 500 had a high watermark at the start of this year and is since down 13....

04/12/2022

Massive changes are headed our way. This isn’t hyperbole; it’s a thoughtful analysis based on the restriction of supply as a result of the Russian/Ukraine war along with 14 years of western monetary policy coming to a conclusion with the Fed raising interest rates. The combination of the two wil...

03/21/2022

With BBC’s Katty Kay on MSNBC this morning suggesting the possibility that Russia may launch a tactical nuclear warhead in the next couple of weeks, all bets are off with regard to the future of market stability, let alone peace and security that the world has enjoyed for the last 70 years. I almo...