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So far Pence Wealth has created 113 blog entries.

Maybe Two More Quarters of Positive Earnings

2023-11-27T14:27:44-08:00

Maybe Two More Quarters of Positive EarningsDryden Pence, Chief Investment Officer at Pence Capital, discusses earnings season and the outlook for the next few quarters.(Source: Schwab Network)11/17/202311/17/2023 Disclosure: Pence Capital Management, LLC (“PCM”) is an investment adviser registered with the State of California that provides institutional level portfolio consultancy services to certain Unit Investment Trust (UIT) product sponsors, as well as, asset management model development offered through LPL Financial LLC’s (“LPL Financial'') Manager Select program. PCM’s Chief Investment Officer is Dryden Pence. Dryden Pence is a registered representative with and securities and advisory services offered through LPL Financial, a [...]

Maybe Two More Quarters of Positive Earnings2023-11-27T14:27:44-08:00

Inflation Environment Continues but No Major Recession

2023-11-27T14:24:01-08:00

Inflation Environment Continues but No Major Recession Dryden Pence, Chief Investment Officer at Pence Capital, talks about inflation and the next steps from the federal reserve. He also states why there will be no major recession. (Source: Schwab Network) 11/17/2023 Disclosure: Pence Capital Management, LLC (“PCM”) is an investment adviser registered with the State of California that provides institutional level portfolio consultancy services to certain Unit Investment Trust (UIT) product sponsors, as well as, asset management model development offered through LPL Financial LLC’s (“LPL Financial'') Manager Select program. PCM’s Chief Investment Officer is Dryden Pence. Dryden [...]

Inflation Environment Continues but No Major Recession2023-11-27T14:24:01-08:00

Don’t Expect To See Any Fed Cuts In The Near Future

2023-11-16T15:17:21-08:00

Don't Expect to See Any Fed Cuts In The Near Future Pence Wealth Management President Laila Pence discusses her outlook for the U.S. Markets, Investment Strategy, and the future of fed rate cuts. (Source:  Bloomberg Daybreak: Australia) 11/13/2023 Disclosure: The opinions expressed are for general information purposes only and are not intended to provide specific advice or recommendations for any individual. To determine which strategies or investments may be suitable for you, consult the appropriate qualified professional prior to making any decision. All performance referenced is historical and is no guarantee of future results. All indices [...]

Don’t Expect To See Any Fed Cuts In The Near Future2023-11-16T15:17:21-08:00

Daily Market Report | 11/14/2023

2023-11-16T14:49:28-08:00

Daily Market Report | 11/14/2023 US FINANCIAL MARKET S&P 500 Up 2% as Yields Tumble After CPI Surprise: Markets Wrap - Bloomberg, 11/14/2023 Stocks climbed while bond yields sank as an unexpected inflation slowdown bolstered bets the Federal Reserve’s aggressive hiking cycle is now over — and its next move will be a cut in mid-2024. More than 95% of the S&P 500 companies rose, with the gauge up 2%. The Nasdaq 100 rose 2.2%. The Dow Jones Industrial Average rose 1.5%. Tesla led gains in megacaps and Nvidia extended its rally into a [...]

Daily Market Report | 11/14/20232023-11-16T14:49:28-08:00

You Buy Body Armor That Saves Soldiers Lives

2023-11-16T14:49:16-08:00

Dryden Pence to Americans: You Buy Body Armor That Saves Soldiers’ Lives Dryden Pence, chief investment officer with Pence Capital Management The Claman Countdown to salute U.S. Veterans and provide insight on the Federal Reserve’s move. (Source:  Fox Business) 11/13/2023 Disclosure: Pence Capital Management, LLC (“PCM”) is an investment adviser registered with the State of California that provides institutional level portfolio consultancy services to certain Unit Investment Trust (UIT) product sponsors, as well as, asset management model development offered through LPL Financial LLC’s (“LPL Financial'') Manager Select program. PCM’s Chief Investment Officer is Dryden Pence. Dryden [...]

You Buy Body Armor That Saves Soldiers Lives2023-11-16T14:49:16-08:00

[Season 4 Ep.8] Pence Market Insights

2023-11-16T14:49:52-08:00

[Season 4 Ep.8] Market Update Podcast The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. Historical performance is no guarantee of future results. All indices are unmanaged and may not be invested into directly. This information is not intended to be substitute for specific individualized tax advice. We suggest that you discuss your specific tax issues with a qualified tax advisor. The economic forecasts set forth may not develop as predicted and there can be no guarantee that strategies [...]

[Season 4 Ep.8] Pence Market Insights2023-11-16T14:49:52-08:00

Jobs Reports Shows ‘More Normalized’ Growth

2023-11-16T14:51:39-08:00

Jobs Report Shows ‘More Normalized’ Growth Dryden Pence, chief investment officer with Pence Capital Management says the October jobs report from the U.S. Labor Department, which reflected slowing job growth, shows that the U.S. is shifting to a “more normalized job growth distribution and probably a more normalized unemployment rate." (Source: Reuters) 11/03/2023 Disclosure: Pence Capital Management, LLC (“PCM”) is an investment adviser registered with the State of California that provides institutional level portfolio consultancy services to certain Unit Investment Trust (UIT) product sponsors, as well as, asset management model development offered through LPL Financial LLC’s [...]

Jobs Reports Shows ‘More Normalized’ Growth2023-11-16T14:51:39-08:00

Daily Market Report | 11/02/2023

2023-11-02T12:17:48-07:00

Daily Market Report | 11/02/2023 US FINANCIAL MARKET Tech Giants Lead Stock Gains as Bond Yields Slide: Markets Wrap - Bloomberg, 11/2/2023 Stocks rose and bond yields fell on speculation the Federal Reserve is done with interest-rate hikes. The pound gained after the Bank of England ruled out any possibility of letting up on its fight against inflation for the foreseeable future. The S&P 500 added about 1.5%, heading toward is best day since August. The Nasdaq 100 advanced for a fifth straight session. Tesla led gains in megacaps, rallying 5%. Qualcomm, the largest [...]

Daily Market Report | 11/02/20232023-11-02T12:17:48-07:00

Daily Market Report | 10/31/2023

2023-11-02T11:51:46-07:00

Daily Market Report | 10/31/2023 US FINANCIAL MARKET Wall Street ‘Yawns’ at Economic Data in Fed Run-Up: Markets Wrap - Bloomberg, 10/31/2023 Wall Street is heading toward the end of a jittery month, with stocks fluctuating and bonds mixed. The yen slumped after the Bank of Japan made only minor changes to its policy settings. Traders took the latest economic data in stride on the eve of the Federal Reserve decision. The S&P 500 edged higher, but was still on track for a third monthly drop — its longest losing streak since March 2020. [...]

Daily Market Report | 10/31/20232023-11-02T11:51:46-07:00

Daily Market Report | 10/30/2023

2023-10-30T10:18:30-07:00

Daily Market Report | 10/30/2023 US FINANCIAL MARKET Oil Falls 3% as Weekend Jitters Ease; Stocks Rise: Markets Wrap - Bloomberg, 10/30/2023 Stocks rose around the world, oil fell 3% while Treasuries retreated as Israel’s ground incursion into Gaza appeared less extensive than some investors had feared. The S&P 500 traded off session highs, while still halting a three-day slide that drove the gauge to oversold levels. Facebook parent Meta Platforms led gains in the beaten-down megacap space, though Tesla bucked that trend — dropping 3%. Ten-year US yields rose six basis points to [...]

Daily Market Report | 10/30/20232023-10-30T10:18:30-07:00