We are passionate about Planning & Wealth, and talk a lot about it – get to know us through our weekly “Random Gleanings”
NVIDIA : Will it Continue? A Look at the World's Hottest Stock
Regardless of whether you think Artificial Intelligence will be the biggest technological revolution of all-time, the downfall of humanity, or somewhere in between the topic and participating stocks have sucked up all the oxygen in the stock market and financial media over the last 12-18 months. While there have been plenty of companies/stocks that have benefited from the AI hype, none compare to the meteoric rise of NVIDIA. Maker of the preeminent microchips that meet the enormous processing need and speed of AI technology, NVIDIA (NVDA) has grown from a market cap of $280B, to the fourth largest stock in the US with a $1.8T (👈TRILLION!!) market cap… in 16 months! WHOA!
In this week’s episode Chris & Jesse take a look at the current King of Stocks, NVIDIA in advance of their much anticipated earnings call, scheduled for Feb 21 after the market close. Additionally, the guys discuss Tuesday’s inflation print (CPI) that came in a bit hotter than expected, and close it out discussing who you should have been rooting for in the Super Bowl based on the coincident indicator of past years when either the 49ers or Chiefs have won (note: Coincident indicators are not predictive… just fun!).
Chapters:
0:00 – Subscriber Shout-out & Intro
0:39 – NVIDIA – Let's take a Look
1:20 – NVIDIA – Surpassing the Giants
3:32 – NVIDIA – Historical Comps??
9:03 – CPI Inflation Update
10:49 – CASH: Good News (?) of High Inflation
12:36 – Super Bowl (Coincident) Indicator
13:12 – Super Bowl Commercial Review
14:35 – THANKS! Subscribe, Like & Share
#NVDA #NVIDIA $NVDA #CPI #inflation #peratio #valuation #superbowl #superbowlcommercials #fed #cash
All opinions expressed by Jesse Hansford and Chris Beard are solely their own opinions and do not reflect the opinion of Professional Planning & Wealth. This podcast is for informational purposes only, and should not be relied upon for any investment decisions. Clients of Professional Planning & Wealth may retain positions in the securities discussed in this podcast.
Roth Conversions: How Future Tax Brackets Might Impact?
In honor of October being Financial Planning Month, Jesse Hansford and Chris Beard (both CFP® Professionals), dedicate the first half of the episode sharing thoughts on why a Roth Conversion may make sense for you to consider – especially before the end of 2025! Following this, they discuss the topics that caught their eye through their research or perusing financial thinkers around the web.
#rothira #rothconversion #financialplanning
Random Gleanings: 3 Phases of Market Recovery
This week Chris introduces the idea of 3 Phases of a Market Sell-off and it's Recovery. The framework as proposed is Phase 1: Get Out of the Way, Phase 2: Get Your Buying List Ready, Phase 3: Birds are Singing Again . Watch/Listen the guys work through this framework and send your thoughts (info@proplanwealth.com) as to what phase we are in… Phase 1 still? or Phase 2? I think it's safe to say the Birds aren't Singing in the markets…. yet.
Please Enjoy, Subscribe and Share!
Get a better look at the charts we share at our Random Gleanings Insights page on our website – https://proplanwealth.com/random-gleanings
529 to Roth IRA?: Start the Clock
Happy New Year! We hope 2024 is off to a fast start for you, and you have laid out some plans to ensure this year ends with you in a better spot than you are today! Because that is our wish for you, and we tend to think in terms of plans ourselves, in this first RG episode we have a planning-oriented idea that is hot off the press given a recent law change. If you like the idea of lowering your state tax bill (based on your home state laws) and AVOIDING taxes on future distributions… we have a cool idea to share. Read on or watch the episode.
#529 #RothIRA #investing #tax #taxfree
Random Gleanings: Markets – Current Concerns & Forward Returns
Earnings Season starts in earnest and June CPI is announced this week… what can we expect? What about when the Fed meets later in the month? There are reasons to believe some aspects of inflation may start to cool off, but one big reason that the Fed cannot stop raising rates to slow the economy is JOBS.
Closing the episode, the fellas plant a seed of optimism in a challenging news cycle around the wise investment quote, "When it comes time to buy, you won't want to." Stay tuned, we'll be doing our best to keep you informed along the way!
Please enjoy, share and subscribe! If you want to talk with the PP&W team about your own Financial Plan or investments reach out – info@proplanwealth.com.
THANKS!
YIELD CURVE just inverted last week! What does this mean!?
Recorded on Halloween, the Random Gleanings tandem of Chris Beard & Jesse Hansford offer some thoughts on the "tricks and treats" of this current market environment.
Kicking off with the "treats" the guys talk through the reporting of decent Q3 earnings (so far, anyway), and seasonality being the best it gets in a four year presidential cycle.
Moving on to the "tricks" (or at least trick-y aspect) of the present economic set-up is a pretty strong suggestion that fed funds rate stays higher for longer than many may be bargaining for and a recognition that the alarm bell has officially rung on the "recession count-down clock" – an inversion of the 90 day / 10 year treasury yields.
Tune in for these topics along with supporting charts in this week's Random Gleanings. (Want a closer look at the charts? Email us at info@proplanwealth.com for a copy of our written version with charts included.)
Enjoy, Subscribe & Share!
Thanks!
The Debt Ceiling: What Happened Last Time?
As we come to the close of April, Chris Beard, CFP & Jesse Hansford, CFP chew through three primary topics on this week’s Random Gleanings:
1. Home Prices broke their 7 month streak of declines by seeing price increases in February
2. Inflation… what if it stays higher for longer?
3. Debt Ceiling Debate… what can we learn from what happened with the 2011 Debt Debacle?
0:00 – Intro
0:25 – Home Prices… Price declines? Not so fast.
1:39 – Inflation… Higher for Longer?
6:00 – Debt Ceiling Debate… What happened in 2011?
9:39 – Closing Comments – Big Tech Earnings, Regional Bank Concerns