On Thursday, November 9, 2017, I had the pleasure of being asked to address the attendees of the Dorsey Wright Point and Figure Institute. I spent the approximate length of a TED talk (17 minutes) talking about tools. Specifically, I addressed how we use the tools...
If you’re a football fan, like I am, you know that the Green Bay Packers suffered a major blow to their season last Sunday. The Packers star quarterback, Aaron Rodgers, suffered a broken collarbone early in Sunday’s game, and will most likely miss the rest of this...
A client wrote in and asked, "Do you think the market is due for a correction?" Here was my reply: Short answer: Are we due for a correction? Probably. Longer answer: Let’s start with defining the term “correction.” A correction is usually a 5-10% pull-back in the...
"The meanest reversion is the one that refuses to revert in a timely enough fashion." - Josh Brown I recently had a conversation with a friend who I play fantasy baseball with. We like to bounce ideas off each other, and occasionally commiserate when things don't work...
Game of Thrones is one of the most popular shows on TV. I was a little late to the game, but hopped on the bandwagon in 2016 and haven't looked back. One of my favorite moments from the show was an exchange between Daenerys Targaryen and Tyrion Lannister....
Mullooly Asset Management, Inc. is a Registered Investment Advisory firm. We focus on investment management and financial planning for our clients. There is a world of difference between brokers and advisors. Sometimes (it seems) only advisors are aware of these...
There are many differences between ETF's and mutual funds. In their purest form, they are both baskets of stocks. But the similarities seem to fade quickly beyond that. We will cover the difference between exchange-traded funds and mutual funds, when it comes to the...
There needs to be a discovery period between advisor and prospective client. It should be conducted almost as an interview. Both advisor and prospective client NEED to find out if the relationship will be a good match. Each situation will be different, but here are a...
Down on the NJ Shore, we've recently learned a new saying, "Thursday is the new Friday." That's because we see the traffic backed up in each direction all along Route 35 in Monmouth County now on Thursdays in summer. This used to happen just on Friday afternoons in...
When trying to identify competitive advantages in life, we often look at the issue straight on. For example, we could outsmart our peers, be more creative than them, have better information, or just get luckier. All are possible, but may not be feasible or within our...
