|
Hope all is well. The major U.S. stock indexes all posted gains of more than 1% and set new record highs amid mostly quiet trading. For the S&P 500, Friday produced the index’s tenth record closing price of 2021. I have broken down the news using this week's holidays.  Valentine's Day Elon Musk wants Bitcoin to be his Valentine. Bitcoin soared past $47,000, recording a roughly 24% gain for the week. Most of the surge came on Monday after electric vehicle maker Tesla disclosed that it had purchased $1.5 billion worth of bitcoin and will start accepting the cryptocurrency as a payment method for its cars.  Presidents Day On Saturday, the second impeachment trial of our 45th President ended with another acquittal. Now the 46th President and the Congress can get to work on helping the economy get back on track and perhaps we can gradually find common ground on that which divides us.  It was a Fat Tuesday for the NASDAQ. The NASDAQ, which outperformed the other major indexes and on Tuesday eclipsed the 14,000-point level for the first time to set another record high. Since a recent low on October 30, the NASDAQ has risen about 29%.
I am here to help at any time. If you would like to schedule a phone/web conference appointment, I have included a link to my calendar below and you can self schedule. https://booknow.appointment-plus.com/b8hh5y90/ Comments are closed.
|
Stephen Caruso
|
RSS Feed
STEPHEN CARUSO
President & Founder
Laurel Wealth Solutions
President & Founder
Laurel Wealth Solutions
|
Licensed Insurance Professional.
Stephen Caruso is an Investment Advisor Representative offering investment advisory services through Belpointe Asset Management, LLC, 125 Greenwich Avenue, Greenwich, CT 06830 (“Belpointe"). Belpointe is an investment adviser registered with the Securities and Exchange Commission (“SEC”). Registration with the SEC should not be construed to imply that the SEC has approved or endorsed qualifications or the services Belpointe Asset Management offers, or that or its personnel possess a particular level of skill, expertise or training. Insurance products are offered through Belpointe Insurance, LLC. Important disclosures related to Belpointe are available at http://www.belpointe.com. Additional information pertaining to Belpointe’s registration status, its business operations, services and fees and its current written disclosure statement is available on the SEC’s Investment Adviser public website at https://www.adviserinfo.sec.gov/.
AR-4241 | 18296-2018/12/11
Stephen Caruso is an Investment Advisor Representative offering investment advisory services through Belpointe Asset Management, LLC, 125 Greenwich Avenue, Greenwich, CT 06830 (“Belpointe"). Belpointe is an investment adviser registered with the Securities and Exchange Commission (“SEC”). Registration with the SEC should not be construed to imply that the SEC has approved or endorsed qualifications or the services Belpointe Asset Management offers, or that or its personnel possess a particular level of skill, expertise or training. Insurance products are offered through Belpointe Insurance, LLC. Important disclosures related to Belpointe are available at http://www.belpointe.com. Additional information pertaining to Belpointe’s registration status, its business operations, services and fees and its current written disclosure statement is available on the SEC’s Investment Adviser public website at https://www.adviserinfo.sec.gov/.
AR-4241 | 18296-2018/12/11