Russell Wayne, CFP®

About Russell Wayne, CFP®

This author has not yet filled in any details.
So far has created 130 blog entries.

Fasten Your Seat Belts

Given the acceleration of important developments in the U.S. and abroad, it’s no wonder that investors have been girding themselves against the impact of nonstop breaking news.  Although over time the stock market is primarily a reflection of changes in underlying fundamentals, day-to-day price action tends to be more of a psychological response than a […]

Rocky Road Ahead?

These days, it has become increasingly difficult to disconnect and turn aside from the nonstop barrage of news, some of which is exceedingly unpleasant.  What’s more, the level of business uncertainty has risen, a happenstance that never sits well with Wall Street.  That’s not a good sign for what lies ahead.

As summer arrives, folks tend […]

Much Ado, Little Progress

Not that long ago, the media often had to scratch around for developments that might hold the interest of its audience. Days and weeks would go by and from time to time we’d tune in to find out what was going on throughout this country and abroad.

That was then and this is now. Fast forward […]

Going Nowhere Fast

Despite numerous triple-digit market moves so far this year, there’s been no substantial progress since the end of 2017.  Lots of turbulence, but essentially no forward movement.

This isn’t really surprising since investors tend to react to what lies ahead, not to what’s going on at the moment.  So the well above average gains registered last […]

Flat Market Ahead?

Flat Market Ahead?

One of the truisms in investing is that periods of unusually broad gains are followed by years when more moderate increases are likely.  Most of us recall less than fondly that the decade from 2000-2010 was a span when market prices went nowhere, albeit with a fair amount of volatility along the way. […]

Can You Make Money In A Flat Market?

Yes, you can.  Although the gains for the S&P 500 over many decades past have averaged about 10%, that includes gains and losses in some years that are a multiple of that rate.  So a target of about 10% would be reasonably achievable for a long-term investor, but the long term would mean at least […]

A Ho-Hum Week

Although we’re well into the first-quarter earnings season, Wall Street seems more bored than not with the latest news.  Corporate profits overall are coming in ahead of estimates, but stock prices continue in the broadly fluctuating range that began in early February.

From this perspective, there really is no great reason for the market to move […]

Who is an Investment Adviser?

For years, the Wall Street community has had a field day offering the promise of a bright future while keeping largely mum about the kinds of profits it reaps from selling its broad array of great opportunities.  Those who have seen the movie, The Wolf of Wall Street, got a glimpse of the seamy underbelly […]

Zero-Sum Market

In the wake of nearly a year and a half of exceptionally stable and strong stock market activity, the beginning of February saw an unleashing of daily price movements not unlike what you would have expected from the awakening of a sleeping giant.  Three-quarters of the trading days since then have seen triple-digit changes and […]

Putting Volatility In Perspective

Now that typical daily market moves are in the hundreds of points on the Dow Jones Average, it will be helpful (and perhaps calming) to learn how today’s gyrations compare with those of the past.  As we review extensive historical data, we will learn that what now seems unusual is really a return to what […]