Stacey

Home/Stacey Nickens

About Stacey Nickens

This author has not yet filled in any details.
So far Stacey Nickens has created 114 blog entries.

The Stock Market This Week: October 19-23

2020-10-19T15:46:46-05:00October 19th, 2020|Blog|

The Stock Market This Week: October 19-23 By: Stacey Nickens Earnings Reports Economic News: The NAHB Housing Market Index increased to a record-breaking 85 for October as homebuilders continue to have confidence in the housing market. On Monday, major indexes declined due to pessimism around fiscal stimulus. The Dow Jones fell 1.4%. The S&P 500 [...]

The Stock Market This Week: October 12-16

2020-10-16T15:40:49-05:00October 14th, 2020|Blog|

The Stock Market This Week: October 12-16 By: Stacey Nickens Earnings Reports: Earnings reports from banks have been mixed this week. JPMorgan Chase, Citigroup, Morgan Stanley, and Goldman Sachs reported better-than-expected earnings. However, JPMorgan Chase accompanied their positive earnings by reiterating the helpfulness of fiscal stimulus. JPMorgan pointed out that banks may face higher defaults moving [...]

Positions I’m Watching: Petmed Express (PETS)

2020-10-14T16:17:01-05:00October 14th, 2020|Blog|

Positions I'm Watching: Petmed Express (PETS) By: Stacey Nickens October is National Adopt a Shelter Dog Month. In honor of that, ELM3 decided to sponsor a local shelter pup, Roxbury. Along those lines, you may also consider reviewing positions in the company, Petmed Express (PETS). PETS sells pet medications and supplies to consumers and offers [...]

Positions I’m Watching: Summit Materials (SUM)

2020-10-14T16:14:46-05:00October 14th, 2020|Blog|

Positions I'm Watching: Summit Materials (SUM) By: Stacey Nickens We are heading into third quarter earnings season, and analysts expect a steep decline in many company's earnings. FactSet predicts the S&P 500 will report a 20.5% decline in earnings; however, this is a smaller decline than was initially predicted. The earnings improvement is due to [...]

Financial Advisor Checklist

2020-10-14T16:07:51-05:00October 14th, 2020|Blog|

Financial Advisor Checklist By: Stacey Nickens In the Fall, nature sheds its dead weight in order to prepare for the Spring growing season. Similarly, Fall and Winter are fantastic times to clean up your finances in order to better prepare for your future. Working with a Financial Advisor can significantly help you in this planning [...]

Social Security Tips: Market Timing and Claiming Social Security

2020-10-14T16:09:57-05:00October 14th, 2020|Blog|

Social Security Tips: Market Timing and Claiming Social Security By: Stacey Nickens Today is National Savings Day, and with this in mind, I want us to think about your retirement savings withdrawal strategy. Many of you may be familiar with the 4% Withdrawal Rule. According to this rule, you should try to withdraw no more [...]

Social Security Benefit Increase for 2021

2020-10-14T16:11:06-05:00October 14th, 2020|Blog|

Social Security Benefit Increase for 2021 By: Stacey Nickens On Tuesday, the Social Security Administration announced their cost-of-living adjustment for 2021. Recipients' benefits will increase by 1.3%, which amounts to an average monthly increase of $20. CNBC estimates that the average Social Security benefit will increase to $1,543 from $1,523. Additionally, the average disabled workers' [...]

The Stock Market This Week: October 5-9

2020-10-09T16:49:58-05:00October 7th, 2020|Blog|

The Stock Market This Week: October 5-9 By: Stacey Nickens On Monday, major indexes rose after President Donald Trump said he would be leaving the hospital. The S&P 500 rose 1.8% and exceeded the 3400 level during daily trading. This is the first time the index has passed the 3400 level since mid-September. The Dow [...]