Ryan Detrick
Some Bad News and Some Good News
“A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty.” – Winston Churchill We noted last week that stocks fell during the normally bullish Santa Claus Rally (SCR) period and why this potentially could be a troublesome sign. Well, we have some more bad news, but don’t worry, we …
Ryan Detrick
January 9, 2024
Santa Didn’t Come, What Now?
“Plans are useless, but planning is everything.” President Dwight D. Eisenhower First things first, stocks fell during the historically bullish Santa Claus Rally (SCR) period. You can read all about the SCR in Here Comes The Santa Claus Rally. The absence of an SCR may be a minor warning sign stocks are due for a …
Ryan Detrick
January 4, 2024
Welcome to ’24!
Happy New Year and welcome to the very first Facts vs Feelings episode of 2024! In this episode, Ryan Detrick, Chief Market Strategist at Carson Group & Sonu Varghese, VP, Global Macro Strategist at Carson Group analyze market trends and the outlook for 2024. They discuss the recent market rally, the role of inflation and …
Ryan Detrick
January 3, 2024
Top Charts of 2023
What a year it has been! The economy surprised, the consumer remained resilient, stocks soared to new highs, and even bonds are looking at a nice year thanks to a late innings rally. Just like everyone called it 😉 As you are reading this I’m hopefully enjoying a nice break the final week of the …
Ryan Detrick
December 28, 2023
Here Comes the Santa Claus Rally🎅❄🎄🎁🦌
“If Santa should fail to call, bears may come to Broad and Wall.” —Yale Hirsh One of the little-known facts about the Santa Claus Rally (SCR) is that it isn’t the entire month of December; it’s actually only seven days. Discovered in 1972 by Yale Hirsch, creator of the Stock Trader’s Almanac (carried on now …
Ryan Detrick
December 21, 2023
Four More Reasons ’24 Should Be a Good One for the Bulls
“Investing is like dieting. It is simple, but not easy.” Warren Buffett, Chairperson at Berkshire Hathaway It was a year ago this week that we moved to overweight equities and we’ve been there ever since. Obviously, this wasn’t a very popular call, as nearly everyone else on Wall Street was expecting a recession and the …
Ryan Detrick
December 20, 2023
Discussing NDR’s 2024 Outlook with Ed Clissold
With 2024 just around the corner, there are big uncertainties for the U.S. economy regarding inflation, interest rates, political uncertainty, and a possible recession. How can investors navigate this complex and volatile environment? What are the sectors to look at? In this episode, Ryan Detrick, Chief Market Strategist at Carson Group & Sonu Varghese, VP, …
Ryan Detrick
December 20, 2023
All About Dow New Highs
“Don’t count the days, make the days count.” -Muhammad Ali In the face of many worries, stocks have put together a historic year in ’23. To top things off, the Dow just hit a fresh new all-time high, its first new high since January 4, 2022. New Highs Happen More Than You Think Interestingly, …
Ryan Detrick
December 15, 2023
Good News is Good News
The U.S. economy has been showing signs of strength, despite the challenges posed by the pandemic and ever-evolving global uncertainties. One of the most encouraging indicators is the unemployment rate, which fell to 3.7% in November. What does this mean for the markets? What is the outlook for 2024? In this episode, Ryan Detrick, Chief …
Ryan Detrick
December 13, 2023
Some More Good News for Bulls
“Never bet on the end of the world. It never ends, and if it does, who will you settle the trade with?” -Art Cashin, Managing Director at UBS After one of the best months in history last month, the good news is we still see potentially bullish times coming. Here are a few things that …
Ryan Detrick
December 7, 2023