Ryan Detrick
Things I’ve Learned Working with Advisors
Next month will mark my one-year anniversary with Carson Group! I’ve had a blast this past year and I can honestly say it has been the most fun I’ve ever had. It has now been more than seven years that I’ve worked with Advisors and had you told me 10 years ago I’d do this …
Ryan Detrick
June 28, 2023
Why a Sunny Second Half of 2023 is Likely
Hello from cold and rainy Myrtle Beach! We are doing a family vacation in the second part of this week to North Myrtle Beach and we are stuck inside due to a ton of rain today. The next few days should be better, but I had some free time, so I decided to do a …
Ryan Detrick
June 23, 2023
Why Stocks Could Make a New High in 2023
“So you’re telling me there’s a chance.” -Lloyd Christmas in Dumb and Dumber What a run it has been, with the S&P 500 up about 15 percent for the year as of Father’s Day. We came into this year expecting stocks to gain a total return of between 12-15%, which at the time was far …
Ryan Detrick
June 20, 2023
Four Things the Bulls Need to Know
“The stock market is the only place where things go on sale, yet everyone runs out of the store screaming.” -Old stock market axiom Here are four things that have caught my attention over the past week. First up, you might have heard by now, but the S&P 500 moved into a new bull market, …
Ryan Detrick
June 16, 2023
Why Strong Stock Returns on Friday is Bullish
One of the most hated and despised rallies continued last week, with the S&P now up nearly 12% on the year and officially up more than 20% from the October lows. If you’ve been reading or listening to what the Carson Investment Research team has been saying, then you know we’ve been in the camp …
Ryan Detrick
June 13, 2023
Why Low Volatility Isn’t Bearish
“There is no such thing as average when it comes to the stock market or investing.” -Ryan Detrick You might have heard by now, but the CBOE Volatility Index (better known as the VIX) made a new 52-week low earlier this week and closed beneath 14 for the first time in more than three years. …
Ryan Detrick
June 8, 2023
Welcome to the New Bull Market
“If you torture numbers enough, they will tell you anything.” -Yogi Berra, Yankee great and Hall of Fame catcher Don’t shoot the messenger, but historically, it is widely considered a new bull market once stocks are more than 20% off their bear market lows. This is similar to when stocks are down 20% they are …
Ryan Detrick
June 6, 2023
The June Swoon?
Stocks did it again, as the S&P 500 gained 0.2% in the month of May, making it now 10 of the past 11 years that stocks finished green in May. Of course, it gained only 0.01% last year and only 0.25% this year, so the recent returns weren’t off the charts by any measure. Looking …
Ryan Detrick
June 1, 2023
Why a Strong First 100 Days Is a Good Thing
“It’s not how you start the season, it’s how you finish.” -Albert Pujols, 11-time All Star professional baseball player Can you believe it, today is the 100th trading day of the year. In the face of mounting worries about the economy, Fed policy, stubborn inflation, an earnings recession, the manufacturing recession, the war in Ukraine, …
Ryan Detrick
May 25, 2023
Two More Bullish Pieces of Evidence
“No amount of evidence will ever persuade an idiot.” -Mark Twain We been pointing out signs of an early cycle revival in the economy and many bullish signals that indeed suggest the upward trend in stocks since October is alive and well. Well, here’s a blog on two more things that recently triggered and both …
Ryan Detrick
May 23, 2023