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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

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...

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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...

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...