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Blog

What’s on our mind? You can read about it in our blog. Whether it’s ideas from the industry or emerging trends, you can read about it here. And once in a while, we may throw in a movie review or some other surprise. So keep checking in. We’re glad to have you reading along. Click Here to View Older Posts

Tuesday, June 13, 2023

Here’s a riddle. “I’m a two-word phrase that we heard almost every day for two years, but it has dropped from almost all economic talk in 2023?”Answer: Supply chain.As you can see from the accompanying chart,...

Monday, June 12, 2023

A lot has changed since my last market update. The market has rallied nicely YTD and last week it was declared that the Bear Market was over since the S&P 500 has rallied 20% off the October lows of last year. Today all major averages...

Tuesday, May 16, 2023

Stocks were mixed last week as good inflation news was offset by mounting debt ceiling concerns and rekindled regional banking fears.The Dow Jones Industrial Average lost 1.11%, while the Standard & Poor’s 500 slipped 0.29%. The...

Monday, May 8, 2023

A Friday rebound, triggered by a big tech company’s earnings beat and a strong jobs report, shaved much of the week’s accumulated losses.The Dow Jones Industrial Average fell 1.24%, while the Standard & Poor’s 500...

Wednesday, April 26, 2023

Are your financial goals well-defined? While "I want to have lots of money" may sound like a great goal, it's just too vague. How much is "lots?" If you don’t know … how will you know when you have it? And will the...

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Tuesday, March 14, 2023

Since I wrote last, there has been considerable change in the financial markets. 2022 was a year that saw the Fed raise rates at the fastest rate in Fed history. The consequential effect on the Stock Market was considerably negative....

Monday, February 6, 2023

After a very difficult 2022, 2023 is certainly starting out on a much more positive note. All the major averages reside above their short, intermediate, and long-term trend lines. It has been over a year since all three have traded...

Wednesday, January 18, 2023

The Internal Revenue Service has released new limits for the coming year. After months of high inflation and financial uncertainty, some of these cost-of-living-based adjustments have reached near-record levels.Individual Retirement...

Friday, November 4, 2022

McDonough Capital Management is proud to announce the newest addition to the team, Samantha Mosca. She will be assuming the responsibilities of Client Service Manager and is responsible for managing day-to-day operations to ensure...

Wednesday, September 21, 2022

Believe me, everyone on Wall Street wants inflation to go away, or at least shrink back to below 2%, a level we enjoyed not so long ago.But Tuesday's Consumer Price Index report showed it might be some time before we see 2% again....

Wednesday, September 7, 2022

The overhang of Fed Chair Powell’s Jackson Hole speech the previous week carried over into last week as investors recalibrated stock valuations amid a seemingly more assertive monetary policy stance.The Dow Jones Industrial...

Wednesday, August 31, 2022

Since my last update, Chairman Powell last week used the “pain” word, to describe the likely outcome near term to continued Fed tightening. He said further: “These are the unfortunate costs of reducing inflation. But...

Wednesday, August 24, 2022

Have you heard? The Inflation Reduction Act was signed into law on Tuesday, August 16. While the $430 billion package includes many provisions, I thought I’d highlight three key areas where you may benefit the most.Tax credits...

Wednesday, August 17, 2022

Have you ever heard the expression, "What's the smart money doing?""Smart money" is an expression that often refers to experts and suggests that well-informed people have a better perspective on current events and what actions to take....

Wednesday, August 10, 2022

The market is showing continued signs of improvement for the time being. All major averages are trading above their short and intermediate term trend lines but below their long term trend lines. CPI numbers just came out and the...

Monday, August 1, 2022

Since my last market update, the market news has finally begun to improve somewhat. As we all know, the market up until around 2 weeks ago was suffering through the worst start since 1970, over 50 years. (Longer than I have been in...

Tuesday, July 5, 2022

As we all likely know by now, the first half performance of the market in 2022 was the worst since 1970.  Rising Oil/Gas prices, Commodity Inflation, rising interest rates, war in Ukraine, along with many other factors have...

Thursday, June 23, 2022

Like it or not, taxes are a way of life. They fund great things like roads, libraries and parks, but nobody wants to pay more than they absolutely have to. We often get questions like, “How can I balance my tax obligations with...

Wednesday, June 8, 2022

Stocks posted solid gains for the week, buoyed by the release of Fed meeting minutes and upbeat earnings from mid-size and discount retailers.The Dow Jones Industrial Average jumped 6.24%, while the Standard & Poor’s 500 advanced...

Tuesday, April 19, 2022

Tuesday, April 12, 2022

Wednesday, April 6, 2022

Monday, March 28, 2022

Monday, March 7, 2022

Tuesday, March 1, 2022

Thursday, November 11, 2021

On November 11, we honor the bravery and sacrifice of those who have served America in the armed forces. It is also a time to appreciate the commitment of our active military personnel and their dedicated families. Let us honor their...

Tuesday, July 27, 2021

For The Fourth Year In A Row McDonough Capital Management has been selected for the 2020 Best of Orlando Award in the INVESTMENT ADVISOR category by the Orlando Award Program. Each year, the Orlando Award Program identifies companies...

Monday, March 29, 2021

We hope this message finds you well. McDonough Capital Management has some great news! McDonough Capital Management is proud to announce the newest addition to the team, Evan McDonough. He will be assuming the responsibilities of...

Wednesday, February 10, 2021

Today is Wednesday February 10 and it is 6:30am. As a trend follower, all trend lights are flashing green as all major averages are trading above their respective short, intermediate and long term trend lines. The year thus far is...

Monday, February 1, 2021

Today is February 1, 2021 and it is 6am. I have received several calls in the past week asking me about the recent events surrounding the run up in certain heavily shorted stocks like GameStop, AMC and Nokia. I want to give everyone my...

Wednesday, December 30, 2020

Today is Wednesday December 30 and it is 6am. As we close out 2020 and I wrap up my 33rd year in the business, I can honestly say from a personal and professional standpoint, this has been the most challenging and unusual years that I...

Tuesday, November 24, 2020

Today is Tuesday November 24 and it is 3:30pm If you have been reading my market updates, having gotten through October, you have seen that I have continued to remain bullish on the overall market prospects despite all of the negative...

Thursday, November 19, 2020

Today is Monday November 16 and it is 11am. As the market continues to progress, the trends remain our friends. All major averages are trading above the short, intermediate, and long-term trend lines. The Dow and the S&P 500 averages...

Monday, November 9, 2020

Today is Monday November 9 and it is 7:30am. Dow Futures, S&P Futures and Global Stocks are soaring premarket on just announced Covid Vaccine News. Pfizer just announced that their Covid – 19 Vaccine is more than 90% effective in...

Thursday, November 5, 2020

Today is November 4 and it is 6 am September and October delivered the seasonal results we have come to expect. These months tend to be seasonally weak and they did not disappoint this year. On the six month cycle, November to April...

Thursday, October 1, 2020

Today is October 1 and it is 6am. First let’s talk about the trends. Short term we have undergone a correction for the month of September. From a seasonal standpoint, this is not unexpected as September and October tend to be two...

Monday, August 17, 2020

Today is Monday August 17 and it is 6 am. All major averages remain above their respective short, intermediate and long term trend lines. From a trend analysis standpoint, all lights are flashing green. I have gotten several questions...

Friday, July 31, 2020

It is Friday July 31 at 6am. As I write this quick update, I can’t help but notice the contrast of the Tech CEO’s Congressional Testimony this week versus the big four (Apple, Amazon, Facebook, Google) actual earnings...

Friday, July 24, 2020

Today is Friday July 24 and it is 6am. For the past several months, I have been discussing the differencebetween the economy and the market. Many clients are telling me theycan’t understand why the market continues its steady...

Wednesday, June 24, 2020

Today is Monday June 22 and its 6am As a trend follower, both the S&P 500 and the NASDAQ are all trading above their short, intermediate and long term trend lines. The Dow is trading above its short and intermediate term trend lines...

Friday, May 8, 2020

Whether they stay at home or work for a company, moms rarely have just one job. They’re event planners, coaches, interior designers, chefs, art directors, judges (and juries), housekeepers, maintenance supervisors, network...

Wednesday, May 6, 2020

It is with great pleasure that I want to introduce the newest member of the McDonough Capital Team, Shannon McDonough. She will be assuming the responsibilities of Operations Manager. As many of you may know Shannon attended Rollins...

Friday, April 24, 2020

Today is Friday, April 24 and it is 6 AM. A second fiscal stimulus program targeting small business and hospitals is on the verge of passing. This will pump an additional half a billion dollars into these targeted...

Monday, April 20, 2020

Today is Monday, April 20 and it is 6 AM. Friday we saw a continuation of the rally off the recent market lows. The current bounce appears more and more like a V bottom.As I mentioned many updates ago, V bottoms have...

Wednesday, April 15, 2020

If you have ever been flattened by a rogue wave while fishing or sunbathing on the shore, you probably recognize the emotional responses that have accompanied the pandemic wave crashing across the United States – shock, anxiety,...

Tuesday, March 17, 2020

Don’t rely on luck. You don’t have to be Irish to celebrate St. Patrick’s Day! Although it was originally a Catholic holy day honoring the patron saint of Ireland, St. Patty’s has evolved into a secular...

Monday, March 16, 2020

Today is Monday, March 16 and it is 5 AM. The Incredible Hulk Roller Coaster at Universal Studios has nothing on current market gymnastics. The following chart shows the daily price fluctuation for the Dow Average...

Friday, March 13, 2020

Today is Friday, March 13 and it is 9 AM. As I sit hear writing today’s update, I see that Dow Futures are limit up pre market. Yesterday was the single largest point decline in Dow History and the 4th largest...

Tuesday, March 10, 2020

Today is Tuesday, March 9 and it is 11 AM. I wanted to put out a quick update given the increased market volatility of late. Volatility has spiked and fear of the corona virus is carrying the market lower. Last week I...

Tuesday, March 10, 2020

In late February, concern that efforts to contain Coronavirus Disease 2019 (a.k.a. COVID-19) might result in slower global economic growth disrupted global markets. Share prices fell as economists and financial analysts revised growth...

Friday, March 6, 2020

Coronavirus 101: The Basics The coronavirus, which is now officially called Coronavirus Disease 2019 (COVID-19), has received a lot of attention. Since the outbreak began in China, late in 2019, the disease and efforts to understand...

Tuesday, March 3, 2020

Today is Tuesday, March 3 and it is 4 PM. I wanted to give everyone a quick update now that the Fed has stepped in to support the market with a surprise 1/2% interest rate cut. Last week’s market pull back...

Wednesday, January 15, 2020

In 2019, a Pew Research Center survey reported many Americans were pessimistic about the future. Their worries included the national debt, the gap between the rich and the poor, and automation.1 Martin Luther King was sometimes...

Friday, December 13, 2019

Today is a good day for the global markets as our major averages continue to climb into new high territory for the most part. Two significant reasons for the market celebration is progress high territory for the most part. Two significan...

Monday, December 2, 2019

You’ve probably never asked your adult children and younger relatives whether they have security software on their computers and devices. Why would you? They’re digital natives, born with keyboards under their fingertips....

Tuesday, November 12, 2019

Today is Tuesday, November 12 and it is 3:00 PM. From a trend standpoint, all major averages are trading above their short, intermediate and long term trend lines. A far cry from the news we hear daily about impending...

Friday, September 6, 2019

The past 3 trading sessions have gone a long way in repairing some of the damage done to the major averages during the month of August. So much so that we are within striking distance of establishing new all-time highs for all major...

Tuesday, August 6, 2019

I wanted to touch base with everyone to give you an update on recent market developments. As you all know, China’s currency devaluation, as a reaction to increased tariffs, triggered a sizeable market sell off yesterday. Virtually all...

Tuesday, July 23, 2019

First as I enter my 33rd year in practice, I wanted to thank every one of our clients from the bottom of my heart for your continued support and confidence. We feel a great deal of gratitude for the relationships we...

Wednesday, July 3, 2019

For The Third Year In A Row McDonough Capital Management has been selected for the 2019 Best of Orlando Award in the INVESTMENT ADVISOR category by the Orlando Award Program. Each year, the Orlando Award Program identifies companies...

Thursday, June 20, 2019

Americans are passionate about taxes. We have reason to be. In recent years, Americans have spent more on taxes than on food, clothing, and housing combined. The Tax Foundation estimates Americans will pay $3.4 trillion to the federal...

Wednesday, May 29, 2019

China Trade continues to dominate the current market psychology as developing news and tweets in this area seem to drive intraday market direction. Washington seems to be playing hardball with China. “We’re not ready to...