Ryan Detrick
About That Dow 9-Day Win Streak…
“However beautiful the strategy, you should occasionally look at the results.” – Winston Churchill How about that? As soon as we released our Mid-Year Outlook and talked about this bull market broadening out the rest of this year, with other areas besides just technology and communications leading, we find the Dow up nine days in …
Ryan Detrick
July 21, 2023
Yes, There Were Clues That ’23 Would Be a Big Year for Stocks
“You can learn a lot by looking.” -Hall of Fame catcher Yogi Berra Stocks had one of their best starts to a year ever after six months in 2023 and the fun has only continued so far in July. If you’ve followed us since late last year then you know that we expected a good …
Ryan Detrick
July 19, 2023
Shake It Off, Bears! This is a Swift Economy, and We’re Just Living In It
“Despite the slowing recovery in tourism in the region overall, one contact highlighted that May was the strongest month for hotel revenue in Philadelphia since the onset of the pandemic, in large part due to an influx of guests for the Taylor Swift concerts in the city,” -Philadelphia Federal Reserve Bank The economy has surprised …
Ryan Detrick
July 14, 2023
Here We Go Again
“Here I go again on my own. Going down the only road I’ve ever known.” -Here I Go Again by Whitesnake One of the main reasons we came into 2023 overweight equities (when everyone else was talking recessions and bear markets) was the over-the-top negativity. Rarely is the crowd and obvious trade right when it …
Ryan Detrick
July 11, 2023
Here Comes the Carson Investment Research Midyear Outlook
What a first half it has been, with stocks having one of their best starts to a year ever and the economy defying many by avoiding the most broadcast recession of all-time. We came into this year saying good things could happen and it wasn’t very well received, as nearly everyone on tv was talking …
Ryan Detrick
July 7, 2023
Why July Brings the Bulls
“I am an optimist because I don’t see the point in being anything else.” -Abraham Lincoln And with that, the first half of the year is a wrap. What can we say other than all those calls for a recession and new bear market lows sure didn’t play out. We were one of the only …
Ryan Detrick
June 30, 2023
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