[embedyt] https://www.youtube.com/watch?v=YtGPwbjO1FU[/embedyt] Everyone wants to “bet” on the winning horse at the racetrack. Everyone wants to make the winning bet in the casino or maybe one day win the Lottery.  Some gamblers will even go so far as putting their entire “winnings on one number on the roulette wheel on their way out of the…

No Stock Talk this week – It’s Earnings Reporting Week! Watch Chris Perras’ update here: [embedyt] https://www.youtube.com/watch?v=SbcwNK9fSLc[/embedyt]

I am Chris Perras, Chief Investment Officer at Oak Harvest Financial Group, we are a retirement planning and investment management advisor located in Houston Texas. Welcome to our 2nd Half 2023 Market Outlook, YouTube, Stock Talk “Keeping you connected to your money”.  Its title is a follow up to our first half piece. I’m making…

[embedyt] https://www.youtube.com/watch?v=iwYFknCTGfU[/embedyt] For the last few weeks, with the markets having rallied almost exactly 8 months off the October 2022 lows, we’ve discussed our view that with FOMO, the fear of missing out setting in June, it was our teams view that it was finally time for the markets to top out for summer. 2…

[embedyt] https://www.youtube.com/watch?v=CsfVJa5PNag[/embedyt]   If you are a client or prospect of OHFG, you might wonder what members of the investment team here do on weekends or even on a holiday like Father’s Day.  This CIO sleeps in until 6AM on Sunday and wakes up thinking about our clients, the markets, and “what’s next”. He then…

[embedyt] https://www.youtube.com/watch?v=YMwJ_6vHtyg[/embedyt] In the early 2000’s a prominent investment management firm launched an advertising campaign that irks me today as much as it did back then.  It’s title, “…the Right way to invest”.  The advertiser stated this emphatically and confidentiality as if there was one and only one way to invest and they had the…

[embedyt] https://www.youtube.com/watch?v=xleAjeg0h3Q[/embedyt] The OHFG investment team laid out our first half out look back in late 2022.  Back then we called for declining volatility in the first half of 2023, a return to growth stocks over value stocks, and a rally back to 4300ish on the S&P500.  Back then and almost weekly, the rhetoric by…

[embedyt] https://www.youtube.com/watch?v=Z0zX_7mcOJE[/embedyt] The OHFG investment team laid out our first half out look back in late 2022.  Back then, the rhetoric was “inflation was out of control”; we were headed into a 1h23 recession; and the S&P500 would retest its October 2022 lows, call it 3500, shortly.  Strategist after strategist proclaimed the recession was eminent. …

[embedyt] https://www.youtube.com/watch?v=Dhk0orAl9R0[/embedyt] At an August 12th, 1986 news conference then President Ronald Reagan gave a speech on the perils of big government. He stated, the following, “The nine most terrifying words in the English language are: I’m from the Government, and I’m here to help”. Here is a brief cut from that speech.https://www.reaganfoundation.org/media/128649/newsconference2.mp4 Before we…

[embedyt] https://www.youtube.com/watch?v=H86DLuio7P8[/embedyt]   Retail investors around the world turn on the financial news channels and listen to strategist we have never met; we read newsletters written by writers who have never managed money; young investors scour Redit chat boards for ideas from people that have no names; and we often subscribe to investor services, sometimes…