So you've found an investment advisor you're potentially interested in working with, sounds great. What are the important questions you need to ask him or her before getting started? As an advisor, I know a few questions that investors absolutely need to ask....
Why Increased Job Creation Hasn’t Inspired More Spending
We've definitely seen an increase in job creation recently. This is generally a good economic sign: more jobs being created means consumers are more willing to spend money, thus stimulating the economy. We haven't seen this lately though, leaving many to wonder what's...
Federal Reserve Vice Chairman Stanley Fischer
Stanley Fischer is the Vice Chairman of the Federal Rserve under Janet Yellen. Fischer is no slouch - he was recently the Governor of the Bank of Israel. Previously, Fischer was first Deputy Managing Director of the IMF. After the IMF, he served as Vice-Chairman of...
Federal Reserve Preparing to Raise Interest Rates
In early 2015, we see the Federal Reserve preparing to raise interest rates. Well, they are trying to prepare Wall Street for the "raising of the rates." Quick story: When the kids were very young, one of our lads in particular would repeatedly fly into an epic...
Crude Oil Chart February 2015: which way?
The Crude Oil chart over the past six months (since August 2014) has been in a free fall. The question now, is the crude oil chart merely glancing off the third floor awning (on the way to a splat on the sidewalk)? Or is crude oil forming a base that might become a new floor?
Fee-Based Advisors: Working for You or Their Firm?
"Fee-based...fee-only...same thing, right?". We've heard this before, and if it sounds correct to you then the brokerage industry's obfuscation has succeeded. Just last week, Tom and Brendan discussed why you need to ask how your advisor is compensated. With so many...

Why Sector Relative Strength is Important
Relative strength is a topic we enjoy discussing at Mullooly Asset Management. Relative strength measures how one security is doing compared to another. Through research provided by our friends at Dorsey Wright and Associates, we can determine the relative strength of...
Why You Need to Ask How Your Advisor is Compensated
Let's lay out a hypothetical situation here: You haven't been feeling well and decide that a trip to your doctor is in order. After describing your symptoms to the doctor, they decide to prescribe you Drug A for treatment. You thank the doctor, fill your prescription...

Why We Aren’t in the Prediction Business
Earlier this week we were supposed to have a storm of historic proportions. Here in Monmouth County, NJ the experts were calling for 20-24 inches of snow. People flooded the grocery stores for milk, bread and other essentials. As you're likely well aware, the...
Exchange Traded Notes (ETNs): Know What You Own
The SPDR S&P 500 ETF (SPY) began trading in January of 1993. That was the first exchange traded fund, and we've seen quite the evolution since then. Flash forward 22 years and ETFs have become a market fixture. From ETFs we've seen another exchange traded product...