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Latest News2020-05-28T23:13:02-07:00
508, 2022

Daily Market Report | 08/5/2022

By |August 5th, 2022|Categories: Daily Market Report|

Daily Market Report | August 5, 2022 US FINANCIAL MARKET U.S. Stocks Pare Losses After Initial Drop on Jobs Report – Wall Street Journal, 8/5/2022 U.S. stocks pared losses Friday after initially tumbling on a surprisingly strong jobs report. The jobs report dashed hopes of the Federal Reserve shifting away from its plan of interest-rate increases anytime soon. Investors had come to widely [...]

508, 2022

Daily Market Report | 08/4/2022

By |August 5th, 2022|Categories: Daily Market Report|

Daily Market Report | August 4, 2022 US FINANCIAL MARKET Stocks Edge Lower as Earnings Roll In – Wall Street Journal, 8/4/2022 U.S. stocks turned lower in early Thursday trading as investors considered a fresh batch of corporate earnings reports and the number of Americans applying for unemployment benefits increased. The S&P 500 shed 0.4% early Thursday. The technology-focused Nasdaq Composite fell 0.5% [...]

308, 2022

Daily Market Report | 08/3/2022

By |August 3rd, 2022|Categories: Daily Market Report|

Daily Market Report | August 3, 2022 US FINANCIAL MARKET Stocks Rise on Services Data, Earnings – Wall Street Journal, 8/3/2022 U.S. stocks rose Wednesday as investors considered another wave of corporate earnings reports and after a key reading on the services sector hit a three-month high. The S&P 500 rose 1.1%, recouping losses after it fell Tuesday. The Dow Jones Industrial Average [...]

208, 2022

Daily Market Report | 08/2/2022

By |August 2nd, 2022|Categories: Daily Market Report|

Daily Market Report | August 2, 2022 US FINANCIAL MARKET Stock Indexes Decline Ahead of Pelosi’s Taiwan Visit – Wall Street Journal, 8/2/2022 U.S. and global stocks fell Tuesday on fears that U.S. House Speaker Nancy Pelosi’s planned visit to Taiwan could heighten tensions between Beijing and Washington and add geopolitical risk to investors’ already muted outlook. The S&P 500 fell 0.4% in [...]

208, 2022

Daily Market Report | 08/1/2022

By |August 2nd, 2022|Categories: Daily Market Report|

Daily Market Report | August 1, 2022 US FINANCIAL MARKET Stocks Slip to Kick Off August Trading – Wall Street Journal, 8/1/2022 U.S. stocks fell to start a new month of trading, after major indexes finished July with their best month since 2020. The S&P 500 declined 0.1% Monday, while the Dow Jones Industrial Average traded edged 0.1% lower. The technology-focused Nasdaq Composite [...]

108, 2022

[Season 3 Ep.10] Pence Market Insights

By |August 1st, 2022|Categories: Podcast|Tags: , |

[Season 3 Ep.10] 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 [...]

1907, 2022

Laila Pence on Bloomberg Radio (07/19/2022)

By |July 19th, 2022|Categories: Interviews, News Coverage, Pence Insights|Tags: |

Laila Pence on Bloomberg Radio (07/19/2022) Laila Pence, President at Pence Wealth Management, discusses her markets outlook. She spoke with hosts Doug Krizner and Paul Allen on "Bloomberg Daybreak Asia." July 19, 2022 Click Here to Listen Pence Wealth Management, Inc. (“PWM”) is a financial services practice within LPL Financial LLC (“LPL Financial”) comprised of multiple financial professionals that provide a series [...]

1407, 2022

Daily Market Report | 07/14/2022

By |July 14th, 2022|Categories: Daily Market Report|

Daily Market Report | July 14, 2022 US FINANCIAL MARKET Dow Falls 400 Points, With Stocks Sliding as Banks Kick Off Earnings Season – Wall Street Journal, 7/14/2022 U.S. stocks fell, putting the S&P 500 on course for its fifth consecutive day of losses, as earnings reports from financial behemoths spotlighted concerns about the economic outlook. The S&P 500 dropped 1.3% in late-morning [...]

1307, 2022

Daily Market Report | 07/13/2022

By |July 13th, 2022|Categories: Daily Market Report|

Daily Market Report | July 13, 2022 US FINANCIAL MARKET Stocks Fall As Inflation Accelerates – Wall Street Journal, 7/13/2022 Stocks dropped and bond yields rose Wednesday after fresh data showed inflation reached a new four-decade high last month, strengthening expectations that the Federal Reserve will continue tightening monetary policy aggressively. The S&P 500 fell 1%, while the Dow Jones Industrial Average declined [...]

1207, 2022

Daily Market Report | 07/12/2022

By |July 12th, 2022|Categories: Daily Market Report|

Daily Market Report | July 12, 2022 US FINANCIAL MARKET Stocks Wobble, Oil Falls on Growth Concerns – Wall Street Journal, 7/12/2022 Fears about a recession on the horizon weighted on oil and bond yields, while stocks moved between small gains and losses, continuing a volatile stretch for global markets. The S&P 500 was recently up 0.1% Tuesday, a day after the benchmark [...]

1107, 2022

Daily Market Report | 07/11/2022

By |July 11th, 2022|Categories: Daily Market Report|

Daily Market Report | July 11, 2022 US FINANCIAL MARKET Stocks Turn Lower Ahead of Earnings Season – Wall Street Journal, 7/11/2022 U.S. stocks declined as earnings season is set to kick off this week, spurring concerns about the impact of inflation on corporate profits. The S&P 500 fell 0.9% as the broad-market index started the week off on a negative note. The [...]

807, 2022

Daily Market Report | 07/08/2022

By |July 8th, 2022|Categories: Daily Market Report|

Daily Market Report | July 8, 2022 US FINANCIAL MARKET Stocks Turn Higher as Jobs Growth Remains Strong – Wall Street Journal, 7/8/2022 U.S. stocks pared early losses and edged higher after the monthly jobs report beat expectations, heading toward strong weekly gains. The S&P 500 added 0.3% in recent trading, a day after the benchmark index jumped 1.5% to log a fourth [...]

807, 2022

Daily Market Report | 07/07/2022

By |July 8th, 2022|Categories: Daily Market Report|

Daily Market Report | July 7, 2022 US FINANCIAL MARKET U.S. Stocks Advance as Jobless Claims Rise – Wall Street Journal, 7/7/2022 U.S. stocks rose Thursday, lifted by gains across the S&P 500. The broad index rose 1.2%, while the Dow Jones Industrial Average climbed 0.9%, or about 270 points. The tech-heavy Nasdaq Composite Index gained 1.7%. Ten of the S&P 500’s 11 [...]

607, 2022

Daily Market Report | 07/06/2022

By |July 6th, 2022|Categories: Daily Market Report|

Daily Market Report | July 6, 2022 US FINANCIAL MARKET Stock Markets Waver Ahead of Fed Minutes – Wall Street Journal, 7/6/2022 U.S. stocks wobbled ahead of minutes from the Federal Reserve that will be scrutinized for insights into the state of the economy and the central bank’s efforts to tame inflation through interest-rate increases. The S&P 500 fell 0.2% early Wednesday after [...]

507, 2022

Daily Market Report | 07/05/2022

By |July 5th, 2022|Categories: Daily Market Report|

Daily Market Report | July 5, 2022 US FINANCIAL MARKET Stocks Slide As Investors Worry About Slowing Economic Growth – Wall Street Journal, 7/5/2022 U.S. stocks fell in early trading as worries about slowing economic growth overshadowed optimism about the possibility of the U.S. rolling back tariffs on some Chinese products. The S&P 500 fell 1.9% Tuesday to start the trading week after [...]

107, 2022

Daily Market Report | 07/01/2022

By |July 1st, 2022|Categories: Daily Market Report|

Daily Market Report | July 1, 2022 US FINANCIAL MARKET Stocks Retreat After Worst Start to Year in Decades – Wall Street Journal, 7/1/2022 U.S. stocks moved lower to start the second half of the year, deepening the week’s losses, as fears mount that the Federal Reserve’s efforts to tame inflation could tip the economy into a recession. The S&P 500 lost 0.2% [...]

107, 2022

[Season 3 Ep.9] Pence Market Insights

By |July 1st, 2022|Categories: Podcast|Tags: , |

[Season 3 Ep.9] 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 [...]

3006, 2022

LAILA PENCE RECOGNIZED AS ONE OF BARRON’S 2022 TOP WOMEN FINANCIAL ADVISORS

By |June 30th, 2022|Categories: Press Release|Tags: |

LAILA PENCE RECOGNIZED AS ONE OF BARRON'S 2022 TOP WOMEN FINANCIAL ADVISORS We are excited to announce that Barron’s has included Laila Pence in the list of 2022 America’s Top Women Financial Advisors1 . She is honored to receive this recognition from Barron’s. Laila was included in this prestigious ranking every year since 2008. Our team would like to thank all our clients for their support. The [...]

3006, 2022

Daily Market Report | 06/30/2022

By |June 30th, 2022|Categories: Daily Market Report|

Daily Market Report | June 30, 2022 US FINANCIAL MARKET Stocks Fall on Final Trading Day of Grueling Quarter – Wall Street Journal, 6/30/2022 U.S. stocks tumbled on the final day of a brutal quarter for markets, weighed down by losses among shares of everything from banks to oil producers. The S&P 500 fell 1.4%. The Dow Jones Industrial Average was down 1.2%, [...]

2906, 2022

Daily Market Report | 06/29/2022

By |June 29th, 2022|Categories: Daily Market Report|

Daily Market Report | June 29, 2022 US FINANCIAL MARKET U.S. Stocks Waver as Central Bankers Hold Panel – Wall Street Journal, 6/29/2022 U.S. stocks rose on Wednesday as investors digested comments from central bankers at a panel in Europe that provided insight into their views on the economy, inflation and the path of monetary policy. The S&P 500 added 0.2%, after the [...]

2706, 2022

Daily Market Report | 06/27/2022

By |June 27th, 2022|Categories: Daily Market Report|

Daily Market Report | June 27, 2022 US FINANCIAL MARKET Stocks Waver as Investors Weigh Rate-Hike Fears – Wall Street Journal, 6/27/2022 U.S. stocks bobbled Monday as major indexes tried to hold gains from last week’s rally on milder expectations for Federal Reserve interest-rate increases. The S&P 500 bounced around, recently trading up about 0.2%. The Dow Jones Industrial Average edged up 0.2%, [...]

1706, 2022

[Season 3 Ep.8] Pence Market Insights

By |June 17th, 2022|Categories: Podcast|Tags: , |

[Season 3 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. The economic forecasts set forth may not develop as predicted and there [...]

1706, 2022

Daily Market Report | 06/17/2022

By |June 17th, 2022|Categories: Daily Market Report|

Daily Market Report | June 17, 2022 US FINANCIAL MARKET U.S. Stocks Wobble as Volatile Trading Persists – Wall Street Journal, 6/17/2022 U.S. stocks wavered Friday, with major indexes extending the whipsaw moves that have injected fresh volatility into markets this week. The S&P 500 was recently down 0.8%. The Dow Jones Industrial Average lost 0.9%, while the Nasdaq Composite was about flat. [...]

1606, 2022

Daily Market Report | 06/16/2022

By |June 16th, 2022|Categories: Daily Market Report|

Daily Market Report | June 16, 2022 US FINANCIAL MARKET Stock Market Drops as Post-Fed Rally Fades – Wall Street Journal, 6/16/2022 U.S. stocks tumbled Thursday, undoing the prior day’s gains as volatility continued to rock the market. The S&P 500 fell 3.5%, while the Dow Jones Industrial Average dropped 2.8%, or more than 800 points. The tech-heavy Nasdaq Composite slumped 4.2%. Major [...]

1506, 2022

Daily Market Report | 06/15/2022

By |June 15th, 2022|Categories: Daily Market Report|

Daily Market Report | June 15, 2022 US FINANCIAL MARKET U.S. Stocks Rise Ahead of Fed Rate Decision – Wall Street Journal, 6/15/2022 U.S. stocks were higher Wednesday ahead of the Federal Reserve’s decision on interest rates, while European markets advanced after the European Central Bank said it would shield weaker economies from rising borrowing costs. The S&P 500 climbed 1.0% in morning [...]

1406, 2022

Daily Market Report | 06/14/2022

By |June 14th, 2022|Categories: Daily Market Report|

Daily Market Report | June 14, 2022 US FINANCIAL MARKET Stocks Slip After Early Gains – Wall Street Journal, 6/14/2022 U.S. stock indexes were mostly lower Tuesday, following earlier gains a day after the S&P 500 closed in a bear market for the first time since 2020. The S&P 500 slid 0.2% in morning trading, after the broad market index tumbled 3.9% on [...]

1306, 2022

Daily Market Report | 06/13/2022

By |June 13th, 2022|Categories: Daily Market Report|

Daily Market Report | June 13, 2022 US FINANCIAL MARKET S&P 500 Falls Into Bear-Market Territory as Stocks Drop – Wall Street Journal, 6/13/2022 The S&P 500 started the week in bear market territory, while global stocks tumbled and bond yields jumped as fears over inflation rattled investors around the world. The S&P fell 3.8% in morning trading Monday. If the loss holds [...]

1006, 2022

Daily Market Report | 06/10/2022

By |June 10th, 2022|Categories: Daily Market Report|

Daily Market Report | June 10, 2022 US FINANCIAL MARKET U.S. Stocks Drop as Inflation Persists – Wall Street Journal, 6/10/2022 U.S. stocks fell sharply on Friday after new data showed that inflation accelerated in May. The S&P 500 was recently down 2.4%. The Dow Jones Industrial Average declined 675 points, or 2.1%, while the Nasdaq Composite dropped about 3%. U.S. stock benchmarks [...]

906, 2022

Daily Market Report | 06/09/2022

By |June 9th, 2022|Categories: Daily Market Report|

Daily Market Report | June 9, 2022 US FINANCIAL MARKET Stocks Edge Down After ECB Sets Plan to Raise Rates – Wall Street Journal, 6/9/2022 U.S. stock benchmarks wavered as investors digested the European Central Bank’s plan to begin increasing interest rates next month. The S&P 500 fell 0.6% in early trading Thursday and the Dow Jones Industrial Average slipped 0.5%. The technology-focused [...]

806, 2022

Daily Market Report | 06/08/2022

By |June 8th, 2022|Categories: Daily Market Report|

Daily Market Report | June 8, 2022 US FINANCIAL MARKET Stocks Edge Lower as Investors Fret About Stagflation Risks – Wall Street Journal, 6/8/2022 U.S. stocks slipped Wednesday morning as investors parsed an ambivalent outlook for the global economy and awaited key data about inflation. The S&P 500 was down 0.3%, while the blue-chip Dow Jones Industrial Average weakened 0.4%. The technology-heavy Nasdaq [...]

706, 2022

Daily Market Report | 06/07/2022

By |June 7th, 2022|Categories: Daily Market Report|

Daily Market Report | June 7, 2022 US FINANCIAL MARKET Stocks Edge Up Despite Retail Worries – Wall Street Journal, 6/7/2022 U.S. stock indexes ticked higher Tuesday, reversing earlier losses after a profit warning from Target cast a pall over the retail sector. The S&P 500 rose 0.4%, building on Monday’s 0.3% gain. The Nasdaq Composite climbed 0.7%, and the Dow Jones Industrial [...]

606, 2022

Daily Market Report | 06/06/2022

By |June 6th, 2022|Categories: Daily Market Report|

Daily Market Report | June 6, 2022 US FINANCIAL MARKET Stock Market Opens Higher After Weekly Loss – Wall Street Journal, 6/6/2022 U.S. stocks rose on Monday, at least temporarily changing direction after more than two months of volatility and losses. Investors are watching economic data closely for clues about the Federal Reserve’s path for raising interest rates. Fears that the Fed could [...]

306, 2022

Daily Market Report | 06/03/2022

By |June 3rd, 2022|Categories: Daily Market Report|

Daily Market Report | June 3, 2022 US FINANCIAL MARKET U.S. Stocks Slide After Jobs Report - Wall Street Journal, 6/3/2022 U.S. stocks dropped Friday after the latest employment report showed the U.S. labor market added jobs at a strong but slower clip in May. The S&P 500 slipped 1% in morning trading, while the Dow Jones Industrial Average fell 156 points, or [...]

106, 2022

Daily Market Report | 06/01/2022

By |June 1st, 2022|Categories: Daily Market Report|

Daily Market Report | June 1, 2022 US FINANCIAL MARKET Stock Indexes Dip in Choppy Trading – Wall Street Journal, 6/1/2022U.S. stock indexes retreated in morning trading, suggesting stocks may start June with losses after capping a volatile trading month.The S&P 500 fell 0.6% Wednesday, with all three major U.S. indexes handing back early gains. The Dow Jones Industrial Average was off 0.7%, while the technology-focused Nasdaq [...]

106, 2022

[Season 3 Ep.7] Pence Market Insights

By |June 1st, 2022|Categories: Podcast|Tags: , |

[Season 3 Ep.7] 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. The economic forecasts set forth may not develop as predicted and there [...]

3105, 2022

Daily Market Report | 05/31/2022

By |May 31st, 2022|Categories: Daily Market Report|

Daily Market Report | May 31, 2022 US FINANCIAL MARKET Stocks Fall, Oil Prices Gain as EU Commits to Partial Russian Crude Ban – Wall Street Journal, 5/31/2022 U.S. stocks fell on Tuesday, resuming their downward trajectory after last week’s rally, while a pledge among European Union leaders to curb oil purchases from Russia lifted crude prices. Crude prices climbed after EU leaders [...]

2705, 2022

Daily Market Report | 05/27/2022

By |May 27th, 2022|Categories: Daily Market Report|

Daily Market Report | May 27, 2022 US FINANCIAL MARKET Stocks Open Higher, Pointing to Weekly Gain for Major Indexes – Wall Street Journal, 5/27/2022 All three major indexes headed into Friday’s session with solid gains for the week, a sharp reversal from a stretch of weekly losses. Many pointed to strong earnings this week as a reason for the optimism, with stores [...]

2605, 2022

Daily Market Report | 05/26/2022

By |May 26th, 2022|Categories: Daily Market Report|

Daily Market Report | May 26, 2022 US FINANCIAL MARKET Stocks Open Higher Ahead of Tech Earnings – Wall Street Journal, 5/26/2022 U.S. stocks ticked up ahead of earnings from large technology companies and after minutes from the Federal Reserve reduced some investors’ concerns about aggressive measures to tame inflation. Minutes released on Wednesday by the Fed showed that policy makers were in [...]

2505, 2022

Daily Market Report | 05/25/2022

By |May 25th, 2022|Categories: Daily Market Report|

Daily Market Report | May 25, 2022 US FINANCIAL MARKET Stocks Edge Higher Ahead of Fed Minutes – Wall Street Journal, 5/25/2022 U.S. stocks edged up ahead of the release of minutes from the Federal Reserve’s most recent policy meeting, which will be combed for details on the path of coming interest-rate rises. After briefly opening lower, stock indexes turned green in early [...]

2405, 2022

Daily Market Report | 05/24/2022

By |May 24th, 2022|Categories: Daily Market Report|

Daily Market Report | May 24, 2022 US FINANCIAL MARKET Stocks Drop in Volatile Trading – Wall Street Journal, 5/24/2022 U.S. stock indexes moved lower and a selloff in technology stocks deepened, as growing investor concerns about the outlook for economic growth weighed on the market. The S&P 500 fell 1.5% Tuesday morning, while the Dow Jones Industrial Average lost 0.5%. The tech-heavy [...]

2305, 2022

Daily Market Report | 05/23/2022

By |May 23rd, 2022|Categories: Daily Market Report|

Daily Market Report | May 23, 2022 US FINANCIAL MARKET Stocks Start the Week Higher After Nearing Bear Market – Wall Street Journal, 5/23/2022 U.S. stocks rose in morning trading, as the S&P 500 pushed away from bear-market territory after flirting with such levels in a volatile trading session Friday. The broad-market benchmark jumped 1.2% Monday. At one point Friday, the S&P 500 [...]

2005, 2022

Daily Market Report | 05/20/2022

By |May 20th, 2022|Categories: Daily Market Report|

Daily Market Report | May 20, 2022 US FINANCIAL MARKET U.S. Stock Market Turns Negative, Extending Recent Losses – Wall Street Journal, 5/20/2022 U.S. stocks slipped Friday, extending recent losses that have major indexes on track for their longest streak of weekly declines in more than two decades. The Dow Jones Industrial Average declined 108 points, or 0.3%, to 31144. The Nasdaq Composite [...]

1905, 2022

Daily Market Report | 05/19/2022

By |May 19th, 2022|Categories: Daily Market Report|

Daily Market Report | May 19, 2022 US FINANCIAL MARKET Stock Markets Fall as Bear Market Looms Over S&P 500 – Wall Street Journal, 5/19/2022 U.S. stocks resumed their declines Thursday on growing worries of an economic slowdown that sent investors into the haven of government bonds. The S&P 500 fell 0.7%, putting the index close to bear market territory—market shorthand for a [...]

1805, 2022

Daily Market Report | 05/18/2022

By |May 18th, 2022|Categories: Daily Market Report|

Daily Market Report | May 18, 2022 US FINANCIAL MARKET Retail Earnings Drive Stock Market Decline – Wall Street Journal, 5/18/2022 U.S. stock indexes fell Wednesday after major retailers reported that rising costs and sluggish sales were weighing on profits, putting Wall Street on course to extend the year’s volatility. The Dow Jones Industrial Average fell more than 600 points in morning trading, [...]

1705, 2022

Daily Market Report | 05/17/2022

By |May 17th, 2022|Categories: Daily Market Report|

Daily Market Report | May 17, 2022 US FINANCIAL MARKET Stocks Rise Ahead of Powell Talk – Wall Street Journal, 5/17/2022 U.S. stock indexes climbed Tuesday as investors snapped up beaten-down shares in technology, banking and other sectors. The S&P 500 rose 1.4% in morning trading, while the Dow Jones Industrial Average added 0.9%. The tech-heavy Nasdaq Composite jumped 1.7%, rebounding after it [...]

1305, 2022

[Season 3 Ep.6] Pence Market Insights

By |May 13th, 2022|Categories: Podcast|Tags: , |

[Season 3 Ep.6] 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. The economic forecasts set forth may not develop as predicted and there [...]

1305, 2022

Daily Market Report | 05/13/2022

By |May 13th, 2022|Categories: Daily Market Report|

Daily Market Report | May 13, 2022 US FINANCIAL MARKET U.S. Stocks Rise After Brutal Trading Week – Wall Street Journal, 5/13/2022 U.S. stocks were higher Friday after a punishing week of losses across major indexes. The S&P 500 rose 2.3% in early trading. The Dow Jones Industrial Average added 480 points, or 1.5%, and the Nasdaq Composite climbed 3.4%. All three indexes [...]

1205, 2022

Daily Market Report | 05/12/2022

By |May 12th, 2022|Categories: Daily Market Report|

Daily Market Report | May 12, 2022 US FINANCIAL MARKET Stocks Wobble as Inflation Weighs on Markets – Wall Street Journal, 5/12/2022 U.S. stocks wavered between small gains and losses Thursday, extending a streak of volatility in a market driven by worries that the Federal Reserve will hamper growth in its effort to bring inflation under control. The S&P 500 slipped 0.2% after [...]

1105, 2022

Daily Market Report | 05/11/2022

By |May 11th, 2022|Categories: Daily Market Report|

Daily Market Report | May 11, 2022 US FINANCIAL MARKET Stocks Climb on Inflation Data – Wall Street Journal, 5/11/2022 Stocks swung between gains and losses Wednesday after fresh data showed inflation eased slightly in April but not as much as economists expected. The S&P 500 rose 0.4% in morning trading. The index snapped a three-day losing streak Tuesday, hitting pause on a [...]

1005, 2022

Daily Market Report | 05/10/2022

By |May 10th, 2022|Categories: Daily Market Report|

Daily Market Report | May 10, 2022 US FINANCIAL MARKET U.S. Stocks Turn Lower, Extending Selloff – Wall Street Journal, 5/10/2022 U.S. stock indexes rebounded early Tuesday, before dropping back into negative territory, following three days of punishing declines. The S&P 500 was recently down 0.5% in morning trading, a day after the broad index slumped 3.2% to its lowest level for the [...]

1005, 2022

[Season 3 Ep.5] Pence Market Insights

By |May 10th, 2022|Categories: Podcast|Tags: , |

[Season 3 Ep.5] 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. The economic forecasts set forth may not develop as predicted and there [...]

905, 2022

Daily Market Report | 05/9/2022

By |May 9th, 2022|Categories: Daily Market Report|

Daily Market Report | May 9, 2022 US FINANCIAL MARKET Stocks Slide, Extending Year’s Losses – Wall Street Journal, 5/9/2022 A broad selloff in U.S. stocks accelerated Monday, leaving investors with few places to shelter from the market’s tumult. The S&P 500 fell 1.9%, adding to losses after closing out its longest streak of weekly declines since 2011. The Nasdaq Composite tumbled 2.1% [...]

605, 2022

Daily Market Report | 05/6/2022

By |May 6th, 2022|Categories: Daily Market Report|

Daily Market Report | May 6, 2022 US FINANCIAL MARKET Wall St tumbles again as strong jobs growth fuels rate hike fears - Reuters, 5/6/2022 U.S. stock indexes extended losses for a second day at the open on Friday as elevated U.S. Treasury yields dragged growth shares after stronger-than-expected jobs data amplified investor fears of bigger interest rate hikes to tame surging prices. [...]

505, 2022

Daily Market Report | 05/5/2022

By |May 5th, 2022|Categories: Daily Market Report|

Daily Market Report | May 5, 2022 US FINANCIAL MARKET Dow Slides Nearly 1,000 Points as Investors Reassess Fed Comments – Wall Street Journal, 5/5/2022 U.S. stocks fell sharply, with technology stocks leading the way, as investors assessed the implications of Federal Reserve’s most aggressive tightening of monetary policy in more than two decades. The S&P 500 dropped 3.4% as losses accelerated in [...]

405, 2022

Daily Market Report | 05/4/2022

By |May 4th, 2022|Categories: Daily Market Report|

Daily Market Report | May 4, 2022 US FINANCIAL MARKET Stocks Fall Ahead of Fed Decision – Wall Street Journal, 5/4/2022 Technology stocks slid Wednesday, putting pressure on the broader market ahead of the Federal Reserve’s interest-rate decision. The S&P 500 fell 0.6% in morning New York trading. The tech-focused Nasdaq Composite Index shed 1.5%, while the Dow Jones Industrial Average was down [...]

305, 2022

Daily Market Report | 05/3/2022

By |May 3rd, 2022|Categories: Daily Market Report|

Daily Market Report | May 3, 2022 US FINANCIAL MARKET U.S. Stocks Turn Higher Ahead of Fed Meeting – Wall Street Journal, 5/3/2022 U.S. stock indexes rose Tuesday morning as investors geared up for the Federal Reserve’s policy decision this week and evaluated a batch of earnings. The S&P 500 climbed 0.8%, sustaining the momentum from a late rally that lifted stocks on [...]

2904, 2022

Daily Market Report | 04/29/2022

By |April 29th, 2022|Categories: Daily Market Report|

Daily Market Report | April 29, 2022 US FINANCIAL MARKET U.S. Stocks Slide After Amazon Posts Quarterly Loss – Wall Street Journal, 4/28/2022 A tumble in shares of Amazon.com and other technology stocks helped push the S&P 500 lower Friday and toward its worst month since March 2020. The S&P 500 fell 1% shortly after the opening bell. The Dow Jones Industrial Average [...]

2204, 2022

Daily Market Report | 04/22/2022

By |April 22nd, 2022|Categories: Daily Market Report|

Daily Market Report | April 22, 2022 US FINANCIAL MARKET U.S. Stocks Open Lower, Bond Yields Stabilize After Hawkish Powell Comments – Wall Street Journal, 4/22/2022 U.S. stocks opened lower and a selloff in government bonds stabilized Friday, after the latest sign that the Federal Reserve will tighten monetary policy aggressively to fight inflation. This week’s steep rise in government bond yields showed [...]

2104, 2022

Daily Market Report | 04/21/2022

By |April 21st, 2022|Categories: Daily Market Report|

Daily Market Report | April 21, 2022 US FINANCIAL MARKET Tech Stocks Open Higher After Record Tesla Profit – Wall Street Journal, 4/21/2022 Stocks rose in early trading as Tesla shares jumped and investors awaited comments from Federal Reserve Chairman Jerome Powell on the world economy. Tesla reported $3.3 billion in quarterly profits late Wednesday, its highest profit to date. AT&T shares added [...]

2004, 2022

Daily Market Report | 04/20/2022

By |April 20th, 2022|Categories: Daily Market Report|

Daily Market Report | April 20, 2022 US FINANCIAL MARKET U.S. Stocks Waver Ahead of Major Earnings – Wall Street Journal, 4/20/2022 U.S. stocks were mixed as investors assessed the impact of higher inflation on corporate earnings and ahead of more results from major companies. The S&P 500 rose 0.2% in early afternoon Wednesday, a day after the broad-market index closed up 1.6%. [...]

1804, 2022

Daily Market Report | 04/18/2022

By |April 18th, 2022|Categories: Daily Market Report|

Daily Market Report | April 18, 2022 US FINANCIAL MARKET U.S. Stocks Open Higher as Treasury Yields Keep Climbing - Wall Street Journal, 4/18/2022 U.S. stocks hovered around the flatline on Monday, while the 10-year Treasury yield continued its upward march following a three-day holiday weekend. The S&P 500 was up 0.2% in morning trading, while the Dow Jones Industrial Average ticked up [...]

1404, 2022

Daily Market Report | 04/14/2022

By |April 14th, 2022|Categories: Daily Market Report|

Daily Market Report | April 14, 2022 US FINANCIAL MARKET U.S. Stocks Mixed Amid Wave of Bank Earnings Reports – Wall Street Journal, 4/14/2022 The Dow Jones Industrial Average rose, boosted by solid earnings from component companies, while the S&P 500 and Nasdaq Composite fell as investors looked for clues on how soaring inflation and signs of slowing growth were expected to affect [...]

1304, 2022

Daily Market Report | 04/13/2022

By |April 13th, 2022|Categories: Daily Market Report|

Daily Market Report | April 13, 2022 US FINANCIAL MARKET Stocks Waver as Earnings Season Kicks Off – Wall Street Journal, 4/13/2022 U.S. stock indexes notched slight gains in early trading as the first earnings reports from major companies began to roll in and investors considered the highest inflation in four decades. The S&P 500 was up less than 0.4% on Wednesday morning, [...]

1204, 2022

Daily Market Report | 04/12/2022

By |April 12th, 2022|Categories: Daily Market Report|

Daily Market Report | April 12, 2022 US FINANCIAL MARKET Stocks Climb After Inflation Data – Wall Street Journal, 4/12/2022 U.S. stock indexes climbed and a selloff in government bonds reversed, after inflation data showed that consumer prices rose at a four-decade-high rate in March. The S&P 500 rose 0.6%, the Dow Jones Industrial Average edged up 0.3% and the technology-heavy Nasdaq Composite [...]

1104, 2022

Daily Market Report | 04/11/2022

By |April 11th, 2022|Categories: Daily Market Report|

Daily Market Report | April 11, 2022 US FINANCIAL MARKET U.S. Stocks Slide as Bond Yields Climb – Wall Street Journal, 4/11/2022 U.S. stocks dropped and oil prices slid Monday as Covid-19 shutdowns in China added to the uncertainty investors face in a period of rising interest rates. The S&P 500 fell 0.8%, while the Dow Jones Industrial Average slipped 0.3%, or about [...]

804, 2022

Daily Market Report | 04/8/2022

By |April 8th, 2022|Categories: Daily Market Report|

Daily Market Report | April 8, 2022 US FINANCIAL MARKET U.S. Stocks Waver, Bonds Extend Selloff – Wall Street Journal, 4/8/2022 U.S. stocks wobbled and government bonds extended their selloff Friday as investors assessed the latest signals about Federal Reserve policy and the war in Ukraine. The S&P 500, which dropped in early trading, was recently up 0.2%. The broad-market index closed up [...]

704, 2022

Daily Market Report | 04/7/2022

By |April 7th, 2022|Categories: Daily Market Report|

Daily Market Report | April 7, 2022 US FINANCIAL MARKET Stocks Lose Ground as Bonds Extend Fed-Driven Selloff – Wall Street Journal, 4/7/2022 U.S. stocks retreated in morning trading as investors digested the possibility of more aggressive monetary tightening by the Federal Reserve and monitored the war in Ukraine. The S&P 500 ticked down 0.3% Thursday, a day after the benchmark gauge fell [...]

704, 2022

LAILA PENCE RECOGNIZED IN FORBES AS A 2022 BEST-IN-STATE WEALTH ADVISOR

By |April 7th, 2022|Categories: Press Release|Tags: |

LAILA PENCE RECOGNIZED IN FORBES AS A 2022 BEST-IN-STATE WEALTH ADVISOR We are pleased to share with you that Laila Pence, President of Pence Wealth Management, have been named to Forbes’ 2022 Best-In-State Wealth Advisors list. This national recognition is extremely exciting and humbling, and it’s a reflection of the entire Pence Wealth Management teams’ effort and success over this past year. Laila would also like to [...]

604, 2022

Laila Pence on Bloomberg Radio (04/05/2022)

By |April 6th, 2022|Categories: Interviews, News Coverage, Pence Insights|Tags: |

Laila Pence on Bloomberg Radio (04/05/2022) April 5, 2022 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. The economic forecasts set forth may not develop as [...]

604, 2022

Pence Wealth Management President on Markets

By |April 6th, 2022|Categories: Interviews, News Coverage, Pence Insights|Tags: |

Pence Wealth Management President on Markets Pence Wealth Management, Inc. (“PWM”) is a financial services practice within LPL Financial LLC (“LPL Financial”) comprised of multiple financial professionals that provide a series of services including personal investment advisory, third party managed advisory and brokerage services. PWM is an investment adviser registered with the State of California to provide financial planning services. The financial professionals [...]

604, 2022

Daily Market Report | 04/6/2022

By |April 6th, 2022|Categories: Daily Market Report|

Daily Market Report | April 6, 2022 US FINANCIAL MARKET Tech Stocks Fall, Bond Yields Rise Ahead of Fed Minutes – Wall Street Journal, 4/6/2022 Technology stocks declined as bond yields hit their highest level in three years and investors awaited more details about the Federal Reserve’s plan to raise interest rates. The S&P 500 slipped 1.2% in morning trading Wednesday. The benchmark [...]

604, 2022

Daily Market Report | 04/5/2022

By |April 6th, 2022|Categories: Daily Market Report|

Daily Market Report | April 5, 2022 US FINANCIAL MARKET Stocks Wobble; Oil Ticks Higher – Wall Street Journal, 4/5/2022 U.S. stock indexes slipped while oil prices rose Tuesday as investors assessed what a fresh round of sanctions against Russia might look like. The S&P 500 fell 0.5% and the Dow Jones Industrial Average edged down 0.1%, a day after the indexes were [...]

404, 2022

Industrial & Material Sectors On The Move: DE, VMC, LMT, RTX, LHX

By |April 4th, 2022|Categories: Interviews, News Coverage, Pence Insights|Tags: |

Industrial & Material Sectors On The Move: DE, VMC, LMT, RTX, LHX 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. Any company names noted herein are for educational [...]

404, 2022

Daily Market Report | 04/4/2022

By |April 4th, 2022|Categories: Daily Market Report|

Daily Market Report | April 4, 2022 US FINANCIAL MARKET U.S. Stocks Waver, Oil Prices Rise – Wall Street Journal, 4/4/2022 U.S. stocks swung between small gains and losses and oil prices rose Monday in volatile trading as investors monitored Russia’s war with Ukraine. The S&P 500 was less than 0.1% higher in early trading and the tech-focused Nasdaq Composite Index gained 0.8% [...]

104, 2022

Daily Market Report | 04/1/2022

By |April 1st, 2022|Categories: Daily Market Report|

Daily Market Report | April 1, 2022 US FINANCIAL MARKET Stocks, Bond Yields Rise After Jobs Report – Wall Street Journal, 4/1/2022 U.S. stocks wobbled to start the second quarter following a solid employment report that showed the country’s jobless rate returning to pre-pandemic levels. The S&P 500 bounced around the flatline Friday, recently rising 0.1%, and the Dow Jones Industrial Average slipped [...]

3103, 2022

Daily Market Report | 03/31/2022

By |March 31st, 2022|Categories: Daily Market Report|

Daily Market Report | March 31, 2022 US FINANCIAL MARKET Stocks Slip as U.S. Eyes Reserve Release – Wall Street Journal, 3/31/2022 Stocks and oil prices dropped Thursday as President Biden prepares a substantial release of oil reserves to staunch soaring energy prices and inflation. The S&P 500 edged 0.1% lower, after closing down 0.6% Wednesday. The Nasdaq Composite Index fell 0.1%, and [...]

3003, 2022

Daily Market Report | 03/30/2022

By |March 30th, 2022|Categories: Daily Market Report|

Daily Market Report | March 30, 2022 US FINANCIAL MARKET Stocks Open Lower as Oil Prices Rise – Wall Street Journal, 3/30/2022 U.S. stocks fell and oil prices climbed, as concerns about rising commodity prices and uncertain progress in cease-fire talks between Russia and Ukraine weighed on investors. The S&P 500 slipped 0.2% in early trading Wednesday, while the tech-focused Nasdaq Composite Index [...]

2803, 2022

Daily Market Report | 03/28/2022

By |March 28th, 2022|Categories: Daily Market Report|

Daily Market Report | March 28, 2022 US FINANCIAL MARKETStocks Waver as Bond Yields Tick Lower – Wall Street Journal, 3/28/2022U.S. stocks wavered and bond yields remained near their highest level in three years with investors preparing for a campaign of interest-rate increases from the Federal Reserve.The S&P 500 was up about 0.1% in morning trading Monday. Last week, U.S. stocks rebounded for a second consecutive [...]

2503, 2022

[Season 3 Ep.4] Pence Market Insights

By |March 25th, 2022|Categories: Podcast|Tags: , |

[Season 3 Ep.4] 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. The economic forecasts set forth may not develop as predicted and there [...]

2503, 2022

Daily Market Report | 03/25/2022

By |March 25th, 2022|Categories: Daily Market Report|

Daily Market Report | March 25, 2022 US FINANCIAL MARKET Stocks Edge Up Amid Ukraine Concerns – Wall Street Journal, 3/25/2022 U.S. stock indexes mostly rose Friday at the open, putting them on track for a second consecutive week of gains. Investors have been piling into U.S.-listed companies in recent sessions, suggesting that many are gaining confidence that the economy will weather the [...]

2403, 2022

Daily Market Report | 03/24/2022

By |March 24th, 2022|Categories: Daily Market Report|

Daily Market Report | March 24, 2022 US FINANCIAL MARKET Stocks Edge Higher After Wednesday’s Selloff – Wall Street Journal, 3/24/2022 U.S. stocks inched higher, putting Wall Street indexes on course to recoup some of Wednesday’s losses, while oil prices hovered near recent highs. The S&P 500 rose 0.3% in early trading Thursday, a day after slumping 1.2%. The tech-focused Nasdaq Composite Index [...]

2303, 2022

Daily Market Report | 03/23/2022

By |March 23rd, 2022|Categories: Daily Market Report|

Daily Market Report | March 23, 2022 US FINANCIAL MARKET U.S. Stocks Decline, Oil Prices Jump – Wall Street Journal, 3/23/2022 U.S. stocks opened lower, as concerns about rising energy prices, supply shortages and inflation rattled investors once again. Major U.S. stock indexes jumped Tuesday, as investors shrugged off worries that inflation will push the nation’s economy into a recession. On Wednesday, however, [...]

2203, 2022

Daily Market Report | 03/22/2022

By |March 22nd, 2022|Categories: Daily Market Report|

Daily Market Report | March 22, 2022 US FINANCIAL MARKET U.S. Stocks Rise After Powell Says Fed Is Ready to Be More Aggressive – Wall Street Journal, 3/22/2022 U.S. stocks rose and government-bond yields jumped Tuesday, as investors continued to digest Federal Reserve Chairman Jerome Powell’s more aggressive tone on reining in inflation. The morning’s moves had all three U.S. indexes up at [...]

2103, 2022

Daily Market Report | 03/21/2022

By |March 21st, 2022|Categories: Daily Market Report|

Daily Market Report | March 21, 2022 US FINANCIAL MARKET Dow Industrials Move Lower After Last Week’s Rally – Wall Street Journal, 3/21/2022 U.S. stocks edged lower and oil prices rose after major indexes notched their strongest week since November 2020. The S&P 500 traded down less than 0.1% Monday in early trading. The tech-focused Nasdaq Composite Index declined 0.6% and the Dow [...]

1703, 2022

Daily Market Report | 03/17/2022

By |March 17th, 2022|Categories: Daily Market Report|

Daily Market Report | March 17, 2022 US FINANCIAL MARKET Stocks Waver After Rally on Fed Interest Rate Hike – Wall Street Journal, 3/17/2022 U.S. stock indexes wavered Thursday morning as traders refocused on the Ukraine war, which has driven up energy prices and threatened to hamper the global economy’s recent growth. The S&P 500 was down 0.2% in morning trading, after the [...]

1603, 2022

Daily Market Report | 03/16/2022

By |March 16th, 2022|Categories: Daily Market Report|

Daily Market Report | March 16, 2022 US FINANCIAL MARKET Stocks Open Higher Ahead of Anticipated Fed Rate Rise – Wall Street Journal, 3/16/2022 U.S. stocks gained in early trading and bond yields rose ahead of an expected interest-rate increase from the Federal Reserve, and technology stocks led a blistering rebound in Chinese markets after supportive comments from Beijing policy makers. The S&P [...]

1503, 2022

BARRON’S RECOGNIZES LAILA PENCE AS ONE OF 2022 AMERICA’S TOP 1200 FINANCIAL ADVISORS

By |March 15th, 2022|Categories: Press Release|Tags: , |

BARRON’S RECOGNIZES LAILA PENCE AS ONE OF 2022 AMERICA’S TOP 1200 FINANCIAL ADVISORS   We are excited to announce that Barron’s has included Laila Pence in the list of 2022 America’s Top 1200 Financial Advisors1 . She is honored to receive this recognition from Barron’s. Laila was included in this prestigious ranking every year since 2014. Our team would like to thank all our clients for their support. [...]

1503, 2022

[Season 3 Ep.3] Pence Market Insights

By |March 15th, 2022|Categories: Podcast|Tags: , |

[Season 3 Ep.3] 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. The economic forecasts set forth may not develop as predicted and there [...]

1503, 2022

Daily Market Report | 03/15/2022

By |March 15th, 2022|Categories: Daily Market Report|

Daily Market Report | March 15, 2022 US FINANCIAL MARKET Oil Prices Slide Below $100, Stocks Rise – Wall Street Journal, 3/15/2022 Oil prices and Chinese stocks slumped after Beijing imposed sweeping Covid-19 lockdowns, while U.S. stock indexes advanced higher ahead of the start of a cycle of interest-rate rises from the Federal Reserve. The S&P 500 rose 1.3% in morning trading Tuesday, [...]

1403, 2022

Daily Market Report | 03/14/2022

By |March 14th, 2022|Categories: Daily Market Report|

Daily Market Report | March 14, 2022 US FINANCIAL MARKET Stocks Rise, Oil Falls as Investors Track Ukraine Negotiations – Wall Street Journal, 3/14/2022 Stocks climbed and oil prices tumbled Monday, easing fears that a surge in commodity prices could stall the U.S. economy as investors awaited a likely interest-rate increase by the Federal Reserve later this week. Investors said positive comments from [...]

903, 2022

Daily Market Report | 03/09/2022

By |March 9th, 2022|Categories: Daily Market Report|

Daily Market Report | March 9, 2022 US FINANCIAL MARKET Stocks Surge, Oil Falls, Extending Volatility Amid Ukraine War – Wall Street Journal, 3/9/2022 U.S. stocks jumped and oil prices dropped Wednesday, extending a volatile spell as investors track the economic fallout of the war in Ukraine. The S&P 500 rose 2.2%, while the technology-focused Nasdaq Composite Index added 2.7%. The Dow Jones [...]

903, 2022

War Stories: What Top Financial Advisors Are Advising Clients About Ukraine

By |March 9th, 2022|Categories: Interviews, News Coverage, Pence Insights|Tags: |

War Stories: What Top Financial Advisors Are Advising Clients About Ukraine Read Full Article Laila Pence is a registered representative with and securities and advisory services offered through LPL Financial, a Registered Investment Advisor, Member FINRA/SIPC. Financial planning offered through Pence Wealth Management, a Registered Investment Advisor. Pence Wealth Management, Inc. (“PWM”) is a financial services practice within LPL Financial [...]

803, 2022

Daily Market Report | 03/08/2022

By |March 8th, 2022|Categories: Daily Market Report|

Daily Market Report | March 8, 2022 US FINANCIAL MARKET Oil Jumps, Stocks Fall After Dow Enters Correction – Wall Street Journal, 3/8/2022 U.S. stocks resumed their slide on Tuesday while bond yields and oil prices rose, a day after fears of oil inflation pushed the Dow Jones Industrial Average into a correction. The S&P 500 fell 0.8% and the blue-chip Dow Jones [...]

703, 2022

Daily Market Report | 03/07/2022

By |March 7th, 2022|Categories: Daily Market Report|

Daily Market Report | March 7, 2022 US FINANCIAL MARKET Stocks Open Lower After Oil Hits $130 a Barrel – Wall Street Journal, 3/7/2022 U.S. stocks and global equity indexes dropped as the threat of a potential ban on Russian oil imports spurred a surge in energy prices that investors worry could smother economic growth, especially in Europe. In individual stocks, Occidental Petroleum [...]

403, 2022

Daily Market Report | 03/04/2022

By |March 4th, 2022|Categories: Daily Market Report|

Daily Market Report | March 4, 2022 US FINANCIAL MARKET U.S. Stocks Fall After Russia Shells Ukrainian Nuclear Plant – Wall Street Journal, 3/4/2022 U.S. stocks and global equity indexes fell as investor concerns mounted about Russia’s intensifying military campaign in Ukraine. Russian shelling in southern Ukraine, which caused a fire at a nuclear power plant, intensified fears among investors Friday morning about [...]

303, 2022

Daily Market Report | 03/03/2022

By |March 3rd, 2022|Categories: Daily Market Report|

Daily Market Report | March 3, 2022 US FINANCIAL MARKET Stocks Turn Lower; Oil Briefly Tops $116 – Wall Street Journal, 3/3/2022 U.S. stocks and oil prices turned lower Thursday as investors assessed how a recent jump in commodities prices is likely to affect inflation and the Federal Reserve’s monetary policy. The S&P 500 ticked down 0.5% in morning trading Thursday after advancing [...]

203, 2022

Daily Market Report | 03/02/2022

By |March 2nd, 2022|Categories: Daily Market Report|

Daily Market Report | March 2, 2022 US FINANCIAL MARKET Oil Tops $110, Stocks Move Higher as Investors Eye Ukraine – Wall Street Journal, 3/2/2022 U.S. stocks rose, while oil prices jumped, as investors watched for updates from Ukraine and parsed testimony on the Federal Reserve’s plans to raise interest rates. The S&P 500 added 0.7% in morning trading Wednesday, a day after [...]

103, 2022

Daily Market Report | 03/01/2022

By |March 1st, 2022|Categories: Daily Market Report|

Daily Market Report | March 1, 2022 US FINANCIAL MARKET Stocks Fall, Oil Again Tops $100 Amid Sanctions – Wall Street Journal, 3/1/2022 U.S. stock indexes fell and bond yields slipped, while oil prices rose to multiyear highs, as Russia’s invasion of Ukraine continued to whipsaw through markets. The S&P 500 fell 0.7% early Tuesday. The blue-chip Dow Jones Industrial Average fell 1.1%, [...]

2802, 2022

Daily Market Report | 02/28/2022

By |February 28th, 2022|Categories: Daily Market Report|

Daily Market Report | February 28, 2022 US FINANCIAL MARKET Stocks Fall, Oil Leaps as Ukraine Crisis Deepens – Wall Street Journal, 2/28/2022 U.S. stocks slid, oil prices jumped and Russian authorities scrambled to keep a grip on domestic markets, as investors rushed to adjust to geopolitical developments including new sanctions against Russia. The S&P 500 index dropped 1.3% in early Monday trading, [...]

2502, 2022

[Season 3 Ep.2] Pence Market Insights

By |February 25th, 2022|Categories: Podcast|Tags: , |

[Season 3 Ep.2] 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. The economic forecasts set forth may not develop as predicted and there [...]

2502, 2022

Market Impacts Of Russian Invasion Of Ukraine

By |February 25th, 2022|Categories: Interviews, News Coverage, Pence Insights|Tags: |

Market Impacts Of Russian Invasion Of Ukraine 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. Any company names noted herein are for educational purposes only and [...]

2402, 2022

Daily Market Report | 02/24/2022

By |February 24th, 2022|Categories: Daily Market Report|

Daily Market Report | February 24, 2022 US FINANCIAL MARKET Russian Attack on Ukraine Roils Markets – Wall Street Journal, 2/24/2022 Investors pushed down stocks and lifted the prices of oil, gold and government bonds, after Russian missiles and airstrikes hit Ukraine’s capital, Kyiv, and more than a dozen other cities across the country. The Dow Jones Industrial Average fell about 630 points, [...]

2302, 2022

Daily Market Report | 02/23/2022

By |February 23rd, 2022|Categories: Daily Market Report|

Daily Market Report | February 23, 2022 US FINANCIAL MARKET U.S. Stocks Flat After S&P 500 Enters Correction – Wall Street Journal, 2/23/2022 U.S. stocks edged higher at the open a day after concerns over the Ukraine crisis helped push the S&P 500 into correction territory. The U.S. stock benchmark rose 0.2% Wednesday, a day after closing down more than 10% from its [...]

2202, 2022

Daily Market Report | 02/22/2022

By |February 22nd, 2022|Categories: Daily Market Report|

Daily Market Report | February 22, 2022 US FINANCIAL MARKET U.S. Stocks Wobble After Russian Troops Enter Ukraine – Wall Street Journal, 2/22/2022 U.S. stocks recouped much of their early losses Monday as investors assessed the ramifications of European sanctions on Russia for sending troops into two breakaway areas of Ukraine. The S&P 500 was recently down 0.2%, off from its session lows, [...]

1802, 2022

Daily Market Report | 02/18/2022

By |February 18th, 2022|Categories: Daily Market Report|

Daily Market Report | February 18, 2022 US FINANCIAL MARKET Stocks Waver After Steep Selloff, as Ukraine Tensions Mount – Wall Street Journal, 2/18/2022 The S&P 500 rose but remained on course for a weekly loss as investors tracked the escalating violence in Ukraine and considered the future path of U.S. monetary policy. The broad U.S. stock index advanced 0.1% Friday at the [...]

1702, 2022

U.S Stocks Tumble, Bonds Rally In Flights-To-Safety Bid

By |February 17th, 2022|Categories: Interviews, News Coverage, Pence Insights|Tags: |

U.S Stocks Tumble, Bonds Rally In Flights-To-Safety Bid Pence Wealth Management, Inc. (“PWM”) is a financial services practice within LPL Financial LLC (“LPL Financial”) comprised of multiple financial professionals that provide a series of services including personal investment advisory, third party managed advisory and brokerage services. PWM is an investment adviser registered with the State of California to provide financial planning services. The [...]

1702, 2022

Daily Market Report | 02/17/2022

By |February 17th, 2022|Categories: Daily Market Report|

Daily Market Report | February 17, 2022 US FINANCIAL MARKET Stocks, Oil Fall as Russia Said to Continue Its Troop Buildup – Wall Street Journal, 2/17/2022 Intensifying geopolitical tensions weighed on stocks and bond yields Thursday, chipping away at major indexes’ gains for the week. The S&P 500 fell 1.4%, while the Dow Jones Industrial Average slipped 1.3%. The tech-focused Nasdaq Composite Index [...]

1602, 2022

Addressing a Potential Conflict in Ukraine

By |February 16th, 2022|Categories: Pence Perspective|

Addressing a Potential Conflict in Ukraine Markets have been moved in recent days on increasing tensions between the United States and Russia, with Western estimates of over 130,000 Russian troops positioned outside of Ukraine at time of writing. Bottom line is that we will get an answer on the Ukraine question soon. Temperatures in Kiev typically increase quite a bit in March, melting snow in continental [...]

1602, 2022

Daily Market Report | 02/16/2022

By |February 16th, 2022|Categories: Daily Market Report|

Daily Market Report | February 16, 2022 US FINANCIAL MARKET Stocks Drop as Investors Seek Clarity on Ukraine – Wall Street Journal, 2/16/2022 U.S. stocks resumed their slide and crude oil rallied on Wednesday, with investors squeezed between the latest readings on inflation, the economy and the Ukraine. The Dow Jones Industrial Average fell 0.6%, the S&P 500 lost 0.6% and the Nasdaq [...]

1502, 2022

Daily Market Report | 02/15/2022

By |February 15th, 2022|Categories: Daily Market Report|

Daily Market Report | February 15, 2022 US FINANCIAL MARKET Stocks Rise, Oil Drops as Investors Eye Ukraine and Russia – Wall Street Journal, 2/15/2022 U.S. stock indexes opened higher and European indexes rallied, following days of losses, while energy prices slumped and bonds sold off, after Russia said it had pulled back some troops from the Ukrainian border. The S&P 500 rose [...]

1402, 2022

Daily Market Report | 02/14/2022

By |February 14th, 2022|Categories: Daily Market Report|

Daily Market Report | February 14, 2022 US FINANCIAL MARKET Dow, S&P 500 Fall, Bond Yields Tick Up on Fear of Ukraine War – Wall Street Journal, 2/14/2022 The Dow Jones Industrial Average and S&P 500 fell on Monday as investors assessed the possibility of war between Russia and Ukraine. The Dow fell 342 points, or about 1%, in morning trading. The S&P [...]

1402, 2022

FORBES/SHOOK RECOGNIZES LAILA PENCE AS #5 OF 2022 AMERICA’S TOP WOMAN WEALTH ADVISORS IN THE NATION AND #1 BEST-IN-STATE SOUTHERN CALIFORNIA

By |February 14th, 2022|Categories: Press Release|Tags: |

FORBES/SHOOK RECOGNIZES LAILA PENCE AS #5 OF 2022 AMERICA’S TOP WOMAN WEALTH ADVISORS IN THE NATION AND #1 BEST-IN-STATE SOUTHERN CALIFORNIA   We are excited to announce that Forbes has included Laila Pence in the list of 2022 America’s Top Women Wealth Advisors for both National1 and Best-In-State Southern California2. She is honored to receive both recognitions from Forbes. This will be Laila’s 6th consecutive time to be included [...]

1102, 2022

Daily Market Report | 02/11/2022

By |February 11th, 2022|Categories: Daily Market Report|

Daily Market Report | February 11, 2022 US FINANCIAL MARKET Stocks Waver After Inflation Data – Wall Street Journal, 2/11/2022 U.S. stocks wavered and bond yields moved down Friday, as investors continued to assess how the Federal Reserve might react to the latest strong inflation report. The S&P 500 recently traded up less than 0.1%, a day after the broad index fell 1.8%. [...]

1002, 2022

Daily Market Report | 02/10/2022

By |February 10th, 2022|Categories: Daily Market Report|

Daily Market Report | February 10, 2022 US FINANCIAL MARKET Stocks Slide, Bond Yields Rise After Inflation Data – Wall Street Journal, 2/10/2022 Stocks slipped and bond yields rose after data showed another acceleration in inflation, taking it to a new-four-decade high. The S&P 500 fell 0.4% after bouncing back from earlier losses of more than 1%. The Dow Jones Industrial Average and [...]

902, 2022

Pence Perspective | Commentary Ep. 3

By |February 9th, 2022|Categories: Pence Insights, Pence Perspective|Tags: |

Pence Perspective | Commentary Ep 3 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. The economic forecasts set forth may not develop as predicted and there can [...]

902, 2022

Daily Market Report | 02/09/2022

By |February 9th, 2022|Categories: Daily Market Report|

Daily Market Report | February 9, 2022 US FINANCIAL MARKET U.S. Stocks Move Higher, Extending Rally – Wall Street Journal, 2/9/2022 U.S. stocks rose and government-bond yields fell Wednesday following a recent climb, potentially easing some pressure on technology shares. The S&P 500 rose 1.1% shortly after the opening bell. The broad index rose Tuesday as investors snapped up shares of companies across [...]

802, 2022

Daily Market Report | 02/08/2022

By |February 8th, 2022|Categories: Daily Market Report|

Daily Market Report | February 8, 2022 US FINANCIAL MARKET Bond Yields Rise, Stocks Waver Amid Earnings – Wall Street Journal, 2/8/2022 U.S. stocks wavered Tuesday as investors digested another round of earnings reports. A generally positive earnings season has provided support for stocks. With results in from about 60% of S&P 500 companies, analysts expect profits rose 30% in the fourth quarter [...]

702, 2022

Daily Market Report | 02/07/2022

By |February 7th, 2022|Categories: Daily Market Report|

Daily Market Report | February 7, 2022 US FINANCIAL MARKET U.S. Stocks Inch Higher Amid Earnings – Wall Street Journal, 2/7/2022 The S&P 500 edged higher Monday amid earnings from major companies including Hasbro and Tyson Foods, building on last week’s strong gains. The broad stock-market gauge added 0.3%. The Nasdaq Composite climbed around 1%. The Dow Jones Industrial Average hugged the flatline [...]

402, 2022

Daily Market Report | 02/04/2022

By |February 4th, 2022|Categories: Daily Market Report|

Daily Market Report | February 4, 2022 US FINANCIAL MARKET Stocks Waver After Jobs Report, Tech Selloff – Wall Street Journal, 2/4/2022 U.S. stocks wavered in choppy trading Friday after the January jobs report beat expectations, putting investors on edge about the path of monetary tightening by the Federal Reserve. The S&P 500 recently fell 0.1%. The tech-focused Nasdaq Composite gained 0.5%. The [...]

302, 2022

Daily Market Report | 02/03/2022

By |February 3rd, 2022|Categories: Daily Market Report|

Daily Market Report | February 3, 2022 US FINANCIAL MARKET Stocks Fall as Disappointing Meta Profit Weighs on Tech – Wall Street Journal, 2/3/2022 Major U.S. stock indexes tumbled on Thursday, dragged down by technology and social-media companies, as investors hammered shares of Facebook owner Meta Platforms after a disappointing earnings report. The tech-focused Nasdaq Composite Index slid 1.6% in morning trading. The [...]

202, 2022

Daily Market Report | 02/02/2022

By |February 2nd, 2022|Categories: Daily Market Report|

Daily Market Report | February 2, 2022 US FINANCIAL MARKET Tech Stocks Rise on Strong Earnings From Google Parent – Wall Street Journal, 2/2/2022 The Nasdaq Composite Index rose 0.9% in early trading after Google parent Alphabet reported a surge in profit. Stocks have staged a recovery in recent days after the worst month since the pandemic began. With earnings season about halfway [...]

202, 2022

[Season 3 Ep.1] Pence Market Insights

By |February 2nd, 2022|Categories: Podcast|Tags: , |

[Season 3 Ep.1] 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. The economic forecasts set forth may not develop as predicted and there [...]

3101, 2022

Daily Market Report | 01/31/2022

By |January 31st, 2022|Categories: Daily Market Report|

Daily Market Report | January 31, 2022 US FINANCIAL MARKET Stocks Edge Higher on Final Day of Tumultuous Month – Wall Street Journal, 1/31/2022 The S&P 500 rose Monday but remained on track to close out its worst month since March 2020 as expectations for higher interest rates weigh on stocks. The broad U.S. stock index added 0.2% in early trading, while the [...]

2801, 2022

Daily Market Report | 01/28/2022

By |January 28th, 2022|Categories: Daily Market Report|

Daily Market Report | January 28, 2022 US FINANCIAL MARKET Stocks Waver, on Track for Fourth Weekly Loss – Wall Street Journal, 1/28/2022 Stocks wavered on Friday, with the Dow Jones Industrial Average and the S&P 500 on track for their fourth straight weekly loss, as investors parsed earnings from Chevron, Caterpillar and other big-name companies. The Dow was down 87 points, or [...]

2701, 2022

Daily Market Report | 01/27/2022

By |January 27th, 2022|Categories: Daily Market Report|

Daily Market Report | January 27, 2022 US FINANCIAL MARKET U.S. Stocks Move Higher After Wild Ride – Wall Street Journal, 1/27/2022 U.S. stocks traded higher as economic growth data came in stronger than expected, and investors parsed more earnings from major companies. The economy grew at an annualized rate of 6.9% last quarter, the biggest one-year jump since 1984. Economists had forecasted [...]

2601, 2022

Daily Market Report | 01/26/2022

By |January 26th, 2022|Categories: Daily Market Report|

Daily Market Report | January 26, 2022 US FINANCIAL MARKET Stocks Move Higher Ahead of Fed Meeting Today – Wall Street Journal, 1/26/2022 U.S. stocks posted strong gains ahead of a Federal Reserve announcement that is expected to provide more clarity on coming interest-rate increases—the prospect of which has spooked markets this year. The S&P 500 added 0.9% in morning trading Wednesday. The [...]

2501, 2022

Daily Market Report | 01/25/2022

By |January 25th, 2022|Categories: Daily Market Report|

Daily Market Report | January 25, 2022 US FINANCIAL MARKET Stocks Tumble in Wake of Turbulence on Wall Street – Wall Street Journal, 1/25/2022 U.S. stocks opened lower, putting markets on course for another day of bumpy trading, as investors awaited the Federal Reserve’s policy meeting and parsed a docket of earnings. The S&P 500 fell 1.6% early Tuesday, while the technology-heavy Nasdaq [...]

2401, 2022

Daily Market Report | 01/24/2022

By |January 24th, 2022|Categories: Daily Market Report|

Daily Market Report | January 24, 2022 US FINANCIAL MARKET S&P 500 Drops to Correction Territory Amid Market Fall Stocks, oil and cryptocurrencies fell, continuing the market’s bruising start to the year, as investors prepared for a Federal Reserve meeting and tracked tensions between the West and Russia over the military buildup on the border with Ukraine. The S&P 500 fell 2.4% in [...]

2101, 2022

Daily Market Report | 01/21/2022

By |January 21st, 2022|Categories: Daily Market Report|

Daily Market Report | January 21, 2022 US FINANCIAL MARKET Stocks Waver as Investors Cut Risk – Wall Street Journal, 1/21/2022 Stocks wavered Friday as investors grappled with the prospect of higher interest rates and disappointing results from popular consumer tech stocks. The S&P 500 and the Dow Jones Industrial Average pared some earlier losses. The S&P 500 fell 0.1%, while the Dow [...]

2001, 2022

Daily Market Report | 01/20/2022

By |January 20th, 2022|Categories: Daily Market Report|

Daily Market Report | January 20, 2022 US FINANCIAL MARKET Stocks Rise After Nasdaq Enters Correction – Wall Street Journal, 1/20/2022 U.S. stocks rose early Thursday, paring some of the sharp losses that have come as investors reposition their portfolios, spooked by the prospect of tightening monetary policy and slowing growth. The Nasdaq Composite Index rose 1.6%, a day after a late tech [...]

1801, 2022

Daily Market Report | 01/18/2022

By |January 18th, 2022|Categories: Daily Market Report|

Daily Market Report | January 18, 2022 US FINANCIAL MARKET Stocks Fall as Bond Yields Hit Two-Year High - Wall Street Journal, 1/18/2022 U.S. stock indexes fell Tuesday and bond yields hit two-year highs, as investors fretted over whether the Federal Reserve will hike interest rates more quickly and aggressively than expected. Investors, coming off a holiday weekend that had closed markets on [...]

1401, 2022

Daily Market Report | 01/14/2022

By |January 14th, 2022|Categories: Daily Market Report|

Daily Market Report | January 14, 2022 US FINANCIAL MARKET Stocks Fall Amid Bank Earnings – Wall Street Journal, 1/14/2022 U.S. stocks fell Friday following lackluster earnings reports from some of the country’s biggest banks and weaker-than-expected economic data, deepening a winter selloff. All three major indexes opened Friday lower, briefly recovered from their early-session lows, then fell again. The S&P 500 was [...]

1301, 2022

Daily Market Report | 01/13/2022

By |January 13th, 2022|Categories: Daily Market Report|

Daily Market Report | January 13, 2022 US FINANCIAL MARKET Stocks Open Higher After Jobless Claims, Inflation Data – Wall Street Journal, 1/13/2022 U.S. stocks and bond yields crept higher after fresh data on inflation and the labor market provided a mixed picture of the economic recovery. The S&P 500 added 0.2% after the broad-market index closed up 0.3% Wednesday. The Nasdaq Composite [...]

1201, 2022

Daily Market Report | 01/12/2022

By |January 12th, 2022|Categories: Daily Market Report|

Daily Market Report | January 12, 2022 US FINANCIAL MARKET Stocks Open Higher as Inflation Picks Up – Wall Street Journal, 1/12/2022 Stocks rose and bond yields retreated, despite data showing inflation at its highest level since 1982, with investors betting that price pressures might be peaking. The S&P 500 gained 0.6%, putting the broad U.S. stock index on pace for a second [...]

1101, 2022

Daily Market Report | 01/11/2022

By |January 11th, 2022|Categories: Daily Market Report|

Daily Market Report | January 11, 2022 US FINANCIAL MARKET Stocks Open Lower Ahead of Powell Confirmation Hearing – Wall Street Journal, 1/11/2022 U.S. stock indexes fell and the bond yield rally paused ahead of testimony from Jerome Powell in which the Federal Reserve chairman is set to be grilled by lawmakers on inflation and interest rates. Most of the stock market fell [...]

1001, 2022

Daily Market Report | 01/10/2022

By |January 10th, 2022|Categories: Daily Market Report|

Daily Market Report | January 10, 2022 US FINANCIAL MARKET Tech Stocks Tumble, Extending Last Week’s Losses – Wall Street Journal, 1/10/2022 Technology stocks tumbled on Monday as government bond yields continued to rise, signaling that investors expect the Federal Reserve to move quickly in raising interest rates. The tech-heavy Nasdaq Composite Index slid 2.6%. The benchmark last week posted its biggest one-week [...]

801, 2022

From Egypt to the American Dream: How Laila Pence Defied All Odds

By |January 8th, 2022|Categories: Interviews, News Coverage, Pence Insights|Tags: |

From Egypt to the American Dream: How Laila Pence Defied All Odds By Mona Abdou January 8, 2022 Read Full Article Laila Pence is a registered representative with and securities and advisory services offered through LPL Financial, a Registered Investment Advisor, Member FINRA/SIPC. Financial planning offered through Pence Wealth Management, a Registered Investment Advisor. Pence Wealth Management, Inc. [...]

701, 2022

Daily Market Report | 01/07/2022

By |January 7th, 2022|Categories: Daily Market Report|

Daily Market Report | January 7, 2022 US FINANCIAL MARKET Stocks Edge Slightly Lower After Jobs Report – Wall Street Journal, 1/7/2022 U.S. stocks fell and Treasury yields jumped after the monthly jobs report, capping a volatile week to kick off the new year. The S&P 500 slipped 0.5%, after closing down 0.1% in Thursday’s choppy session. The Nasdaq Composite Index shed 1.1% [...]

601, 2022

Daily Market Report | 01/06/2022

By |January 6th, 2022|Categories: Daily Market Report|

Daily Market Report | January 6, 2022 US FINANCIAL MARKET Stocks Fall as Tech Selloff Worsens – Wall Street Journal, 1/6/2022 Technology stocks continued to fall at the open, as the prospect of interest rate rises briefly pushed Treasury yields to their highest levels since the start of the pandemic. All three major U.S. stock indexes sank in recent trading after whipsawing early [...]

501, 2022

Daily Market Report | 01/05/2022

By |January 5th, 2022|Categories: Daily Market Report|

Daily Market Report | January 5, 2021 US FINANCIAL MARKET Stocks Waver Ahead of Fed Minutes – Wall Street Journal, 1/5/2022 U.S. stocks wavered in early trading Wednesday with investors looking ahead to minutes from the Federal Reserve’s recent policy meeting in the hope of gleaning fresh clues about plans to wean markets off pandemic-era stimulus measures. The S&P 500 hovered around the [...]

401, 2022

Daily Market Report | 01/04/2022

By |January 4th, 2022|Categories: Daily Market Report|

Daily Market Report | January 4, 2021 US FINANCIAL MARKET S&P 500, Dow Industrials Higher – Wall Street Journal, 1/4/2022 The S&P 500 and Dow Jones Industrial Average pushed higher Tuesday after ending the first trading day of 2022 at records. The broad U.S. stock index rose 0.2%, while the Dow industrials climbed 0.8%, with both indexes building on records set Monday. The [...]

301, 2022

Daily Market Report | 01/03/2022

By |January 3rd, 2022|Categories: Daily Market Report|

Daily Market Report | January 3, 2021 US FINANCIAL MARKET U.S. Stocks Open Higher on First Trading Day of 2022 – Wall Street Journal, 1/3/2022 U.S. stocks opened 2022 with tepid gains as investors monitored cases of the Omicron variant of Covid-19 and other factors that could weigh on stocks this year. The S&P 500 gained 0.4% in early Monday trading. The index [...]

3112, 2021

Daily Market Report | 12/31/2021

By |December 31st, 2021|Categories: Daily Market Report|

Daily Market Report | December 31, 2021 US FINANCIAL MARKET Stocks Waver as Year Nears End – Wall Street Journal, 12/31/2021 U.S. stocks were little changed on the last trading day of 2021, indicating a quiet finish in a year of repeated records on Wall Street on low interest rates and the rollout of Covid-19 vaccines. The S&P 500 traded around the flatline [...]

3012, 2021

Daily Market Report | 12/30/2021

By |December 30th, 2021|Categories: Daily Market Report|

Daily Market Report | December 30, 2021 US FINANCIAL MARKET Stocks Drift Higher as Investors Weigh Jobs Data – Wall Street Journal, 12/30/2021 U.S. stocks edged higher Thursday as fresh data indicated that a recent uptick in Covid-19 infections hasn’t led to a surge in layoffs. The S&P 500 ticked up 0.2% after the broad-market index climbed to a record a day earlier. [...]

2912, 2021

Daily Market Report | 12/29/2021

By |December 29th, 2021|Categories: Daily Market Report|

Daily Market Report | December 29, 2021 US FINANCIAL MARKET U.S. goods trade deficit hits a record in November – Reuters, 12/29/2021 The U.S. trade deficit in goods mushroomed to a record in November as imports surged and exports slipped. The goods trade deficit widened last month by 17.5% to $97.8 billion from $83.2 billion in October, the Commerce Department said on Wednesday. [...]

2212, 2021

Daily Market Report | 12/22/2021

By |December 22nd, 2021|Categories: Daily Market Report|

Daily Market Report | December 22, 2021 US FINANCIAL MARKET Stocks Up Slightly After S&P 500 Rally – Wall Street Journal, 12/22/2021 The S&P 500 edged higher Wednesday as major U.S. indexes advanced with investors continuing to evaluate the risks posed by the Omicron variant of Covid-19. The U.S. equity benchmark rose 0.3% in morning trading, adding to Tuesday’s jump of 1.8%. The [...]

2112, 2021

Daily Market Report | 12/21/2021

By |December 21st, 2021|Categories: Daily Market Report|

Daily Market Report | December 21, 2021 US FINANCIAL MARKET Stocks Rise, Recouping Some Losses After Selloff – Wall Street Journal, 12/21/2021 U.S. stocks climbed Tuesday, resuming the seesaw action that has become markets’ signature since the emergence of the Omicron Covid-19 variant. Investors have a mix of concerns heading into the end of the year. The rise in Omicron cases could prolong [...]

2012, 2021

Daily Market Report | 12/20/2021

By |December 20th, 2021|Categories: Daily Market Report|

Daily Market Report | December 20, 2021 US FINANCIAL MARKET Stocks, Oil Prices Fall on New Covid-19 Curbs – Wall Street Journal, 12/20/2021 The Dow Jones Industrial Average fell more than 600 points on Monday as investors worried that a rise in Omicron Covid-19 cases would stall economic growth and add pressure to inflation. The Dow was down 1.7% in morning trading, continuing [...]

1512, 2021

Daily Market Report | 12/15/2021

By |December 15th, 2021|Categories: Daily Market Report|

Daily Market Report | December 15, 2021 US FINANCIAL MARKET Stocks Slip, Oil Falls Ahead of Fed Decision – Wall Street Journal, 12/15/2021 U.S. stocks fell ahead of a highly-anticipated Federal Reserve policy decision that is expected to clarify the central bank’s plans to unwind stimulus measures. The S&P 500 declined 0.3% in Wednesday morning trading, bringing the U.S. stock benchmark’s losses this [...]

1412, 2021

Daily Market Report | 12/14/2021

By |December 14th, 2021|Categories: Daily Market Report|

Daily Market Report | December 14, 2021 US FINANCIAL MARKET S&P 500, Nasdaq Extend Monday’s Losses – Wall Street Journal, 12/14/2021 U.S. stocks traded lower Tuesday ahead of the Federal Reserve’s two-day policy meeting, which is expected to end with the central bank signaling a faster wind-down of its bond-buying program. The S&P 500 fell 1% Tuesday morning. The index also declined Monday, [...]

1312, 2021

Daily Market Report | 12/13/2021

By |December 13th, 2021|Categories: Daily Market Report|

Daily Market Report | December 13, 2021 US FINANCIAL MARKET Stocks Down Ahead of Federal Reserve Decision – Wall Street Journal, 12/13/2021 U.S. stock indexes retreated ahead of a busy week of central-bank decisions in major economies. The S&P 500 fell 0.4% in Monday morning trading, after the benchmark gauge closed last week at its 67th record high of 2021. The Dow Jones [...]

1212, 2021

Pence Perspective | Commentary Ep. 2

By |December 12th, 2021|Categories: Pence Insights, Pence Perspective|Tags: |

Pence Perspective | Commentary Ep 2 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. The economic forecasts set forth may not develop as predicted and there [...]

1012, 2021

Daily Market Report | 12/10/2021

By |December 10th, 2021|Categories: Daily Market Report|

Daily Market Report | December 10, 2021 US FINANCIAL MARKET Stocks Open Higher After Inflation Nears 40-Year High – Wall Street Journal, 12/10/2021 U.S. share benchmarks and oil prices gained after fresh inflation data piqued investors’ hopes that price rises may be nearing a peak. The index retreated Thursday but was on track for its strongest week of gains since February. Labor Department [...]

912, 2021

Daily Market Report | 12/09/2021

By |December 9th, 2021|Categories: Daily Market Report|

Daily Market Report | December 9, 2021 US FINANCIAL MARKET Stocks, Oil Prices Fall on Omicron Restrictions – Wall Street Journal, 12/9/2021 U.S. stocks edged down as investors assessed weekly jobless claims data and the latest global restrictions to limit the spread of the Omicron variant. The S&P 500 retreated 0.4% at the market open after closing up 0.3% Wednesday. The Dow Jones [...]

912, 2021

Douglas Frazier RECOGNIZED AS ONE OF LPL FINANCIAL’S TOP FINANCIAL ADVISORS

By |December 9th, 2021|Categories: Press Release|Tags: , |

Douglas Frazier RECOGNIZED AS ONE OF LPL FINANCIAL'S TOP FINANCIAL ADVISORS Newport Beach, CA — November 18, 2021 – Douglas Frazier, an independent LPL Financial advisor at Pence Wealth Management in Newport Beach, today announced his inclusion in LPL’s Director’s Club. With more than 17,000 LPL-affiliated advisors nationwide, LPL awards this distinction to select advisors based on their business success*. “On behalf of LPL, I congratulate Douglas [...]

812, 2021

[Season 2 Ep.8] Pence Market Insights

By |December 8th, 2021|Categories: Podcast|Tags: , |

[Season 2 Ep.8] Market Update Podcast Laila Pence: (00:00) Welcome everyone to today's podcast. Today is December 2nd, and this is season two, episode eight. We have, as usual, a lot to cover, especially with this new virus and the market volatility. So I'm going to get started. We have a full schedule. We're going to start by talking about the virus and what's going [...]

812, 2021

Daily Market Report | 12/08/2021

By |December 8th, 2021|Categories: Daily Market Report|

Daily Market Report | December 8, 2021 US FINANCIAL MARKET Dow, S&P 500 Open With Muted Gains – Wall Street Journal, 12/8/2021 U.S. stocks wavered in early trading with investors assessing the effects of the Omicron variant on the economy. The S&P 500 gained 0.1% Wednesday morning, a day after the benchmark index posted its biggest one-day jump since March and closed just [...]

712, 2021

Pence Perspective | Q4 2021

By |December 7th, 2021|Categories: Pence Perspective|

Pence Perspective | Q4. 2021 Download Here Bottom Line Up Front A wave of stimulus, a wave of savings, and a wave of demand are about to collide with a wave of COVID-19, a wave of supply chain and labor disruptions and a wave of inflation. We will frequently hear about waves, surges, and many other analogies but the bottom-line is that a rising tide lifts [...]

712, 2021

Daily Market Report | 12/07/2021

By |December 7th, 2021|Categories: Daily Market Report|

Daily Market Report | December 7, 2021 US FINANCIAL MARKET Stock Futures, Oil Gain on Omicron Optimism – Wall Street Journal, 12/7/2021 The U.S. stock market started another day of strong gains, as the S&P 500 and oil prices rose on hopes that Omicron would prove less damaging to the economy than feared.. Vir Biotechnology’s shares gained more than 5% in premarket trading [...]

612, 2021

Daily Market Report | 12/06/2021

By |December 6th, 2021|Categories: Daily Market Report|

Daily Market Report | December 6, 2021 US FINANCIAL MARKET Stocks and Oil Rise on Hopes of Milder Covid Variant – Wall Street Journal, 12/6/2021 U.S. stock indexes mostly ticked up as investors assessed early indicators that the Omicron Covid-19 variant may be causing milder illness than previously feared, while bitcoin and other cryptocurrencies edged up from weekend lows. A small study of [...]

312, 2021

Daily Market Report | 12/03/2021

By |December 3rd, 2021|Categories: Daily Market Report|

Daily Market Report | December 3, 2021 US FINANCIAL MARKET Stocks Give Up Early Gains After Jobs Report – Wall Street Journal, 12/3/2021 Major U.S. indexes gave up their strong early gains and turned lower, setting them on track to finish a bumpy week on Wall Street with losses. The S&P 500 slipped 0.5%, dragged down by shares of tech companies. The index [...]

212, 2021

Daily Market Report | 12/02/2021

By |December 2nd, 2021|Categories: Daily Market Report|

Daily Market Report | December 2, 2021 US FINANCIAL MARKET Stocks Rise After Omicron-Driven Selloff – Wall Street Journal, 12/2/2021 U.S. stocks climbed Thursday after a seesaw day driven by uncertainty about the potential impact of the Omicron Covid-19 variant. The S&P 500 edged up 0.7%, indicating the broad-market index may recoup some losses. The Dow Jones Industrial Average rose 1.1%, while the [...]

112, 2021

Daily Market Report | 12/01/2021

By |December 1st, 2021|Categories: Daily Market Report|

Daily Market Report | December 1, 2021 US FINANCIAL MARKET Stocks Rebound as Seesaw Moves on Omicron Continue – Wall Street Journal, 12/1/2021 U.S. stocks and oil prices rose, clawing back some losses sparked by worries over the Omicron variant and the unwinding of Federal Reserve stimulus. Investors have little to go on as they assess whether the variant will lead to renewed [...]

3011, 2021

Daily Market Report | 11/30/2021

By |November 30th, 2021|Categories: Daily Market Report|

Daily Market Report | November 30, 2021 US FINANCIAL MARKET Stocks, Oil Drop on Omicron Variant Concerns – Wall Street Journal, 11/30/2021 U.S. stock indexes fell and investors sheltered in government bonds after drugmakers raised concerns that Covid-19 vaccines might not work as well against the new Omicron strain. The S&P 500 declined 0.4%, and the Dow Jones Industrial Average fell 0.7%, or [...]

2911, 2021

Daily Market Report | 11/29/2021

By |November 29th, 2021|Categories: Daily Market Report|

Daily Market Report | November 29, 2021 US FINANCIAL MARKET Stocks Rise as Investors Weigh Omicron Variant – Wall Street Journal, 11/29/2021 U.S. stocks and oil prices recouped some losses from Friday’s selloff, with investors betting the impact of the Omicron Covid-19 variant will be less profound than initially feared. The S&P 500 gained 1% in morning trading Monday. The index suffered its [...]

2411, 2021

Daily Market Report | 11/24/2021

By |November 24th, 2021|Categories: Daily Market Report|

Daily Market Report | November 24, 2021 US FINANCIAL MARKET Stocks Fall Ahead of Fed Minutes – Wall Street Journal, 11/24/2021 U.S. stocks weakened Wednesday as investors awaited minutes from the Federal Reserve’s latest meeting. The S&P 500 edged down 0.2%, while the blue-chip Dow Jones Industrial Average weakened 0.3%, or about 110 points. The Nasdaq Composite Index fell 0.2%. That puts the [...]

2311, 2021

Daily Market Report | 11/23/2021

By |November 23rd, 2021|Categories: Daily Market Report|

Daily Market Report | November 23, 2021 US FINANCIAL MARKET Stocks Waver, Bond Yields Rise After Powell Nomination – Wall Street Journal, 11/23/2021 U.S. stocks toed the flat line while bond yields rose Tuesday in the wake of Jerome Powell’s nomination to continue as Federal Reserve chairman. The S&P 500 ticked down 0.2%, while the Dow Jones Industrial Average was essentially flat. The [...]

2211, 2021

Daily Market Report | 11/22/2021

By |November 22nd, 2021|Categories: Daily Market Report|

Daily Market Report | November 22, 2021 US FINANCIAL MARKET Stocks Open Higher as Investors Greet Powell Nomination Announcement – Wall Street Journal, 11/22/2021 U.S. stocks opened higher following the news that President Biden would nominate Jerome Powell for a second term as chairman of the Federal Reserve. The decision, revealed Monday before the stock market opened, ended a guessing game over who [...]

1911, 2021

Daily Market Report | 11/19/2021

By |November 19th, 2021|Categories: Daily Market Report|

Daily Market Report | November 19, 2021 US FINANCIAL MARKET Stocks Waver as Bond Yields, Oil Drop – Wall Street Journal, 11/19/2021 U.S. stocks were mixed Friday and investors piled into the safety of the dollar and government bonds after fresh Covid-19 restrictions in Europe clouded prospects for the global economic recovery. The S&P 500 opened flat, after the index closed at an [...]

1811, 2021

Daily Market Report | 11/18/2021

By |November 18th, 2021|Categories: Daily Market Report|

Daily Market Report | November 18, 2021 US FINANCIAL MARKET Stocks Tick Lower, Retreating Farther From Highs – Wall Street Journal, 11/18/2021 U.S. stocks turned lower in morning trading despite strong earnings from Macy’s and Kohl’s and unemployment data that showed the labor market is continuing to recover. The S&P 500 ticked down 0.1% after the broad-market index closed down 0.3% Wednesday. The [...]

1711, 2021

Daily Market Report | 11/17/2021

By |November 17th, 2021|Categories: Daily Market Report|

Daily Market Report | November 17, 2021 US FINANCIAL MARKET Stocks Open Modestly Lower After Target, Lowe’s Earnings – Wall Street Journal, 11/17/2021 U.S. stocks were muted after earnings from Target, TJX Cos. and Lowe’s before the opening bell. The S&P 500 was nearly 0.1% lower in early trading Wednesday. The broad market index rose Tuesday, leaving it just short of last week’s [...]

1611, 2021

Daily Market Report | 11/16/2021

By |November 16th, 2021|Categories: Daily Market Report|

Daily Market Report | November 16, 2021 US FINANCIAL MARKET Stocks Edge Higher as Retail Sales Grow – Wall Street Journal, 11/16/2021 U.S. stocks rose on Tuesday after a report on consumer spending raised hopes for the holiday-sales season, despite the bite in consumers’ wallets from inflation. The Dow Jones Industrial Average rose 0.4%, and the S&P 500 rose 0.3%, a day after [...]

1511, 2021

Daily Market Report | 11/15/2021

By |November 15th, 2021|Categories: Daily Market Report|

Daily Market Report | November 15, 2021 US FINANCIAL MARKET Stock Indexes Open Higher While Bond Yields Recover – Wall Street Journal, 11/15/2021 U.S. stocks rose to start the week, with investors continuing to bet that companies can withstand inflation pressures. The S&P 500 added 0.2% in early trading Monday. The broad market index finished last week with slim losses, snapping a five-week [...]

1211, 2021

Daily Market Report | 11/12/2021

By |November 12th, 2021|Categories: Daily Market Report|

Daily Market Report | November 12, 2021 US FINANCIAL MARKET Stocks Rise but Remain on Track to Snap Weekly Win Streak – Wall Street Journal, 11/12/2021 Major U.S. indexes edged higher in early trading Friday but remained on track to snap a five-week winning streak, knocked by concerns about high levels of inflation. Stocks retreated this week after data showed inflation rose to [...]

1111, 2021

Daily Market Report | 11/11/2021

By |November 11th, 2021|Categories: Daily Market Report|

Daily Market Report | November 11, 2021 US FINANCIAL MARKET Stocks Claw Back Some Ground After Inflation Readout – Wall Street Journal, 11/11/2021 U.S. stocks rose Thursday, rebounding from Wednesday’s selloff that came after an inflation reading hit a three-decade high. The S&P 500 rose 0.2% in recent trading, reversing direction after finishing Wednesday with its largest decline in more than a month. [...]

1011, 2021

Daily Market Report | 11/10/2021

By |November 10th, 2021|Categories: Daily Market Report|

Daily Market Report | November 10, 2021 US FINANCIAL MARKET Stocks Decline, Bond Yields Rise After Inflation Hits 30-Year High – Wall Street Journal, 11/10/2021 Stocks fell after data showing that U.S. inflation hit a three-decade high added to investors’ concerns about price pressures in the global economy. The S&P 500 dropped 0.2% a day after the broad U.S. stock index ended an [...]

1011, 2021

The Flight To Quality Will Look Different This Time Around

By |November 10th, 2021|Categories: Interviews, News Coverage, Pence Insights|Tags: |

The Flight To Quality Will Look Different This Time Around Read Full Article Dryden Pence serves as chief investment officer for Pence Capital Management and runs Pence Wealth Management. He has been a contributor to The Smarter Investor since 2019. Formally trained as an economist, Dryden received a bachelor’s degree in economics from Harvard University in 1982. That same year, [...]

911, 2021

Daily Market Report | 11/9/2021

By |November 9th, 2021|Categories: Daily Market Report|

Daily Market Report | November 9, 2021 US FINANCIAL MARKET Stocks Fall Back Slightly After Notching Records – Wall Street Journal, 11/9/2021 The S&P 500 fell 0.3% Tuesday, after the benchmark index closed at an all-time high for the eighth consecutive session—the longest streak of records since 1997. If the index were to close higher again Tuesday, it would be the longest record [...]

811, 2021

Daily Market Report | 11/8/2021

By |November 8th, 2021|Categories: Daily Market Report|

Daily Market Report | November 8, 2021 US FINANCIAL MARKET Stocks Open Higher; Tesla Shares Fall – Wall Street Journal, 11/8/2021 U.S. stocks climbed toward fresh records, while Tesla shares fell after a Twitter poll run by Chief Executive Elon Musk urged him to sell a chunk of his stock. The S&P 500 rose 0.2% in Monday morning trading. The broad market index [...]

511, 2021

Daily Market Report | 11/5/2021

By |November 5th, 2021|Categories: Daily Market Report|

Daily Market Report | November 5, 2021 US FINANCIAL MARKET Stocks Open Higher After Jobs Report – Wall Street Journal, 11/5/2021 U.S. stocks rose Friday after Labor Department data showed job growth rebounded in October following a summer slowdown. The S&P 500 ticked up 0.5% in early trading, while the Dow Jones Industrial Average was up 0.5%, or 158 points. The tech-heavy Nasdaq [...]

411, 2021

Daily Market Report | 11/4/2021

By |November 4th, 2021|Categories: Daily Market Report|

Daily Market Report | November 4, 2021 US FINANCIAL MARKET Stocks Waver As Investors Digest Fed News – Wall Street Journal, 11/4/2021 U.S. stocks were mixed Thursday, with investors still digesting the Federal Reserve’s latest update on stimulus spending and interest rates. The S&P 500 rose 0.4% in morning trading, and the tech-focused Nasdaq Composite gained 0.8%. The Dow Jones Industrial Average slipped [...]

311, 2021

Daily Market Report | 11/3/2021

By |November 3rd, 2021|Categories: Daily Market Report|

Daily Market Report | November 3, 2021 US FINANCIAL MARKET S&P 500 Pauses Ahead of Fed; Meme Stocks Jump – Wall Street Journal, 11/3/2021 Broad U.S. stock indexes were quiet early Wednesday ahead of a Federal Reserve meeting, but below the surface a fresh frenzy broke out among meme stocks popular with individual investors. The S&P 500 and the Dow Jones Industrial Average [...]

211, 2021

Daily Market Report | 11/2/2021

By |November 2nd, 2021|Categories: Daily Market Report|

Daily Market Report | November 2, 2021 US FINANCIAL MARKET Stocks Edge Higher After Wall Street Records – Wall Street Journal, 11/2/2021 U.S. stocks rose Tuesday, as the Federal Reserve began its two-day policy meeting against a backdrop of sharpening inflation concerns. Tesla shares slipped after Chief Executive Elon Musk said on Twitter that the electric car maker hasn’t yet signed a deal [...]

111, 2021

Daily Market Report | 11/1/2021

By |November 1st, 2021|Categories: Daily Market Report|

Daily Market Report | November 1, 2021 US FINANCIAL MARKET Dow Briefly Jumps Above 36000 – Wall Street Journal, 11/1/2021 U.S. stocks edged higher to start the month as investors awaited fresh earnings and clarity later in the week on the Federal Reserve’s interest-rate plans. The Dow Jones Industrial Average briefly jumped above 36000 Monday morning, hitting 36009.74 in the first 15 minutes [...]

111, 2021

OC LEADER BOARD: THE NEXT NORMAL IS ABNORMAL

By |November 1st, 2021|Categories: Interviews, News Coverage, Pence Insights|Tags: |

OC LEADER BOARD: THE NEXT NORMAL IS ABNORMAL Read Full Article The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.  Laila Pence is a registered representative with and securities and advisory services offered through LPL Financial, a Registered Investment Advisor, Member FINRA/SIPC. Financial planning offered [...]

2910, 2021

Pence Perspective Commentary | OCT 2021

By |October 29th, 2021|Categories: Pence Insights, Pence Perspective|Tags: |

Pence Perspective Commentary | OCT. 2021 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. The economic forecasts set forth may not develop as predicted and there [...]

2910, 2021

Daily Market Report | 10/29/2021

By |October 29th, 2021|Categories: Daily Market Report|

Daily Market Report | October 29, 2021 US FINANCIAL MARKET Disappointing Apple, Amazon Earnings Help Drag Stocks Lower – Wall Street Journal, 10/29/2021 A selloff in shares of Apple and Amazon.com dragged major U.S. indexes down Friday after the companies’ quarterly earnings showed that even the biggest winners of the Covid-19 pandemic haven’t been unscathed by supply-chain problems and tight labor markets. Investors [...]

2810, 2021

Daily Market Report | 10/28/2021

By |October 28th, 2021|Categories: Daily Market Report|

Daily Market Report | October 28, 2021 US FINANCIAL MARKET U.S. Stocks Rise With Earnings in Focus – Wall Street Journal, 10/28/2021 U.S. stocks rose Thursday, buoyed by a string of solid earnings reports. The S&P 500 advanced 0.6%. The Dow Jones Industrial Average added 0.5%, and the Nasdaq Composite gained 0.6%. Forecast-beating results have helped ease investors’ worries that supply-chain difficulties would [...]

2810, 2021

Can You Hold My Attention? The Derek Bruton Podcast

By |October 28th, 2021|Categories: Interviews, Pence Insights|

Can You Hold My Attention? The Derek Bruton Podcast It’s always fun to have an accomplished advisor on the show. It’s more fun and interesting to have an advisor who has defied the odds to reach success. But it’s most enjoyable to have that advisor on my show just as she was named one of the top 100 advisors in the country by Barron's!  Laila [...]

2810, 2021

Pence Wealth Management’s Laila Pence on the Future of Cultural and Gender Diversity

By |October 28th, 2021|Categories: Interviews, News Coverage, Pence Insights|Tags: |

Pence Wealth Management’s Laila Pence on the Future of Cultural and Gender Diversity Read Full Article The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.  Laila Pence is a registered representative with and securities and advisory services offered through LPL Financial, a Registered Investment Advisor, [...]

2710, 2021

Daily Market Report | 10/27/2021

By |October 27th, 2021|Categories: Daily Market Report|

Daily Market Report | October 27, 2021 US FINANCIAL MARKET Stocks Waver as Big Earnings Reports Roll In – Wall Street Journal, 10/26/2021 Stocks wavered between small gains and losses Wednesday as investors examined earnings results from more of the biggest U.S. companies. The S&P 500 fell less than 0.1%, a day after the broad stocks gauge closed at an all-time high for [...]

2610, 2021

Daily Market Report | 10/26/2021

By |October 26th, 2021|Categories: Daily Market Report|

Daily Market Report | October 26, 2021 US FINANCIAL MARKET U.S. Stocks Open Higher on Earnings Optimism – Wall Street Journal, 10/25/2021 U.S. stocks opened higher Tuesday amid a bumper day of earnings from some of America’s largest corporations, including major technology names. The Dow Jones Industrial Average added 98 points, or 0.2%, shortly after the opening bell while the S&P 500 rose [...]

2510, 2021

Daily Market Report | 10/25/2021

By |October 25th, 2021|Categories: Daily Market Report|

Daily Market Report | October 25, 2021 US FINANCIAL MARKET Stocks Creep Up Ahead of Tech Earnings – Wall Street Journal, 10/25/2021 U.S. stocks edged up Monday ahead of a big week of earnings from major technology companies. Stocks flitted between small gains and losses in early trading, but the major indexes were all up slightly by late morning. The S&P 500 ticked [...]

2510, 2021

[Season 2 Ep.7] Pence Market Insights

By |October 25th, 2021|Categories: Podcast|Tags: , |

[Season 2 Ep.7] Market Update Podcast Laila Pence: (00:00) Well, hello, everyone. Welcome to our podcast. Today is Thursday, October 21, and we have a lot to cover today. We'll first cover inflation and then I'll cover the proposed tax law changes. We will talk about earnings, cover a market update and then some year-end tax planning. Then, we'll try to answer some of the [...]

2210, 2021

Daily Market Report | 10/22/2021

By |October 22nd, 2021|Categories: Daily Market Report|

Daily Market Report | October 22, 2021 US FINANCIAL MARKET Stocks Waver After S&P 500 Record – Wall Street Journal, 10/22/2021 U.S. stocks wavered Friday but headed toward a third consecutive week of gains. Stocks have risen in recent days after strong earnings results from some of the biggest U.S. corporations. Most S&P 500 companies that have reported earnings have beat analysts’ expectations, [...]

2110, 2021

Daily Market Report | 10/21/2021

By |October 21st, 2021|Categories: Daily Market Report|

Daily Market Report | October 21, 2021 US FINANCIAL MARKET Stocks Waver Amid Earnings, Jobless Data – Wall Street Journal, 10/21/2021 U.S. stock indexes wavered Thursday, as investors parsed another batch of earnings reports and data on the labor market. The S&P 500 hovered near the flatline, on pace to close reverse six-sessions of gains a day after the broad stocks gauge closed [...]

2010, 2021

Daily Market Report | 10/20/2021

By |October 20th, 2021|Categories: Daily Market Report|

Daily Market Report | October 20, 2021 US FINANCIAL MARKET Stocks Edge Higher Amid Big Tech Earnings – Wall Street Journal, 10/20/2021 U.S. stocks rose amid corporate results that are providing insight into the effects on the technology industry of inflation and supply-chain disruptions, including from the global chip shortage. Shares of Verizon climbed 2% after the telecommunications giant raised its full-year outlook. [...]

1910, 2021

Can you afford to quit your job?

By |October 19th, 2021|Categories: Interviews, News Coverage, Pence Insights|Tags: |

Can you afford to quit your job? If you were looking to buy a new car in today’s market, Dryden Pence says ‘if you can wait, you should’. In Young Money by Lauren Young Dryden offers advice on the best model to buy when the time is right. October 19, 2021 Read Full Article Pence Wealth Management (“PWM”) [...]

1910, 2021

Daily Market Report | 10/19/2021

By |October 19th, 2021|Categories: Daily Market Report|

Daily Market Report | October 19, 2021 US FINANCIAL MARKET U.S. Stocks Rise as Companies Report Earnings – Wall Street Journal, 10/19/2021 U.S. stocks rose as investors parsed earnings reports for insight into how companies are coping with inflation and supply-chain disruptions. Shares of Johnson & Johnson rose 2.3% after the company logged a larger profit in its third quarter than a year [...]

1810, 2021

Daily Market Report | 10/18/2021

By |October 18th, 2021|Categories: Daily Market Report|

Daily Market Report | October 18, 2021 US FINANCIAL MARKET Stocks Fall After Weak China Growth Data – Wall Street Journal, 10/18/2021 U.S. stocks edged lower at the open Monday after data showed that China’s economic growth slowed sharply in the third quarter, and investors weighed the risk to global growth from stickier-than-anticipated inflation, supply-chain problems and heightened demand for energy. The S&P [...]

1510, 2021

Daily Market Report | 10/15/2021

By |October 15th, 2021|Categories: Daily Market Report|

Daily Market Report | October 15, 2021 US FINANCIAL MARKET Stocks Rise as Investors Digest Earnings – Wall Street Journal, 10/15/2021 U.S. stocks rose Friday, heading toward weekly gains following a strong streak of earnings reports. A strong batch of earnings from healthcare companies and banks including Morgan Stanley and Citigroup has buoyed the market in recent days. Of the 35 companies on [...]

1410, 2021

Working Wardrobes hosts record-breaking Annual Gala

By |October 14th, 2021|Categories: News Coverage, Press Release|Tags: |

Working Wardrobes hosts record-breaking Annual Gala Read Full Article Laila Pence is a registered representative with and securities and advisory services offered through LPL Financial, a Registered Investment Advisor, Member FINRA/SIPC. Financial planning offered through Pence Wealth Management, a Registered Investment Advisor. Pence Wealth Management (“PWM”) is a sophisticated financial services practice within LPL Financial, LLC (“LPL Financial”) comprised of [...]

1410, 2021

Daily Market Report | 10/14/2021

By |October 14th, 2021|Categories: Daily Market Report|

Daily Market Report | October 14, 2021 US FINANCIAL MARKET Stocks Climb As Major Banks Report Earnings – Wall Street Journal, 10/14/2021 U.S. stocks jumped Thursday, bolstered by better-than-expected earnings and economic data that helped ease investor concerns about inflation pressures and a slowdown in growth. The S&P 500 climbed for a second day, adding 1.3%. The Dow Jones Industrial Average rose about [...]

1310, 2021

Consumer Price Index Takeaways

By |October 13th, 2021|Categories: Interviews, News Coverage, Pence Insights|Tags: |

Consumer Price Index Takeaways What should investors take away from the CPI report, and what is the latest on inflation data? Dryden Pence says that 3rd quarter earnings are going to be positive. The panel then weighs in on the sectors that are performing well and not so well in the current market conditions. Nicole Petallides 1: (00:00) Greg McBride is with us, Senior Vice [...]

1310, 2021

Daily Market Report | 10/13/2021

By |October 13th, 2021|Categories: Daily Market Report|

Daily Market Report | October 13, 2021 US FINANCIAL MARKET Stocks Waver Amid Inflation Data, Major Earnings – Wall Street Journal, 10/13/2021 U.S. stocks wavered after fresh consumer-price data boosted the view that the recent bout of elevated inflation might last longer. The consumer-price index rose a seasonally adjusted 0.4% in September, a faster pace than in the previous month, and at a [...]

1110, 2021

Laila Pence on Bloomberg Daybreak Asia (10/11/2021)

By |October 11th, 2021|Categories: Interviews, News Coverage, Pence Insights|Tags: |

Laila Pence on Bloomberg Daybreak Asia (10/11/2021) Laila Pence on Bloomberg Daybreak to discuss current events, market outlook and the market. Speaker 1: (00:00) Let's bring in Laila Pence, who is the president of Pence Wealth Management. It's great to have you with us. So, how do you characterize the price pressures that we're seeing? Laila Pence: (00:12) Well, you know, it's to be expected [...]

1110, 2021

Daily Market Report | 10/11/2021

By |October 11th, 2021|Categories: Daily Market Report|

Daily Market Report | October 11, 2021 US FINANCIAL MARKET Stocks Waver in Early Trading; Oil Tops $80 – Wall Street Journal, 10/11/2021 U.S. stock indexes were mixed in early trading, while prices for crude oil and natural gas extended their climb. Third-quarter earnings season will kick off this week, and investors are awaiting insight into the impact of stickier-than-anticipated inflation, brought on [...]

810, 2021

Daily Market Report | 10/08/2021

By |October 8th, 2021|Categories: Daily Market Report|

Daily Market Report | October 8, 2021 US FINANCIAL MARKET Stocks Waver After Jobs Report – Wall Street Journal, 10/8/2021 U.S. stocks wavered after a disappointing monthly employment report showed the economic recovery remains uneven. The S&P 500 ticked up 0.2% shortly after the opening bell, after futures shifted between small gains and losses. The broad index has risen for three straight sessions, [...]

710, 2021

Laila Pence Luncheon Presentation (2021) | 24th Annual Pence Wealth Luncheon

By |October 7th, 2021|Categories: Pence Insights, Pence Perspective|

Laila Pence Luncheon Presentation (2021) Laila Pence, CFP® discusses potential tax changes, planning strategies and how it could change your retirement plan for the next future. Dryden Pence (00:00): I get to introduce my wife, which is really kind of fun. And for gentlemen out there, you know, if you ever get the opportunity to introduce your wife then it's a very, it's a very [...]

710, 2021

Bill McManus Luncheon Presentation (2021) | 24th Annual Pence Wealth Luncheon

By |October 7th, 2021|Categories: Pence Insights, Pence Perspective|

Bill McManus Luncheon Presentation (2021) Bill McManus, CIMA® (nationally recognized speaker) discusses the latest research from the MIT AgeLab on how Covid has changed our world, our lifestyle, how we work, how we live and retire. Laila Pence (00:00): Alright, I have the pleasure of introducing our next speaker, Bill McManus. You know, he, he was here a few years ago and he received such [...]

710, 2021

Dryden Pence Luncheon Presentation (2021) | 24th Annual Pence Wealth Luncheon

By |October 7th, 2021|Categories: Pence Insights, Pence Perspective|

Dryden Pence Luncheon Presentation (2021) Dryden Pence discusses our market outlook and how changes in governmental policy and human behavior will affect interest rates, inflation and investment opportunities worldwide. Bill Boggs (00:01): I have the distinct privilege to introduce our next speaker, but first, just a quick introduction. My name is Bill Boggs. Previous to coming to Pence Wealth Management, I was a senior financial [...]

710, 2021

Daily Market Report | 10/07/2021

By |October 7th, 2021|Categories: Daily Market Report|

Daily Market Report | October 7, 2021 US FINANCIAL MARKET Stocks Rise After Proposed Debt-Limit Extension – Wall Street Journal, 10/7/2021 Major U.S. indexes rose after Republicans lawmakers offered a short-term debt-limit extension, helping stave off immediate concerns about a possible government default. All 11 major sectors of the S&P 500 were green in early-morning trading, pushing the broad benchmark up 1.5%. The [...]

610, 2021

Daily Market Report | 10/06/2021

By |October 6th, 2021|Categories: Daily Market Report|

Daily Market Report | October 6, 2021 US FINANCIAL MARKET Stocks Fall in Fresh Selloff on Wall Street – Wall Street Journal, 10/6/2021 U.S. stocks fell Wednesday, dragged lower by broad losses across everything from shares in airlines to technology stocks. The S&P 500 dropped about 1.2% at the open. The tech-focused Nasdaq Composite Index also fell 1.2%, while the Dow Jones Industrial [...]

510, 2021

Daily Market Report | 10/05/2021

By |October 5th, 2021|Categories: Daily Market Report|

Daily Market Report | October 5, 2021 US FINANCIAL MARKET Stocks Open Higher After Selloff; Oil Rally Builds – Wall Street Journal, 10/5/2021 U.S. stocks rose on Tuesday, a day after a selloff among some of America’s biggest technology firms dragged down broader indexes, while investors also contended with booming energy prices. The S&P 500 rose 1.2%, while the tech-heavy Nasdaq Composite Index [...]

410, 2021

Daily Market Report | 10/04/2021

By |October 4th, 2021|Categories: Daily Market Report|

Daily Market Report | October 4, 2021 US FINANCIAL MARKET Stocks Fall as Investors Weigh Debt Ceiling, Evergrande – Wall Street Journal, 10/4/2021 U.S. stocks opened the week lower, as bond yields ticked up and investors weighed uncertainty about the debt ceiling and indebted property developer China Evergrande Group. The S&P 500 dropped 1.2%, dragged down by shares of technology companies. The broad [...]

110, 2021

Daily Market Report | 10/01/2021

By |October 1st, 2021|Categories: Daily Market Report|

Daily Market Report | October 1, 2021 US FINANCIAL MARKET Stocks Slip to Start the Fourth Quarter - Wall Street Journal, 10/1/2021 U.S. stocks slipped Friday on the first day of a new month and a new quarter, as the market continued to struggle with the collection of issues that drove it down earlier in the week. The Dow Jones Industrial Average—which snapped [...]

3009, 2021

Investment Solutions Roundtable: Asset Manager Insights on Biden’s Build Back Better Plan

By |September 30th, 2021|Categories: Interviews, News Coverage, Pence Insights|Tags: |

Investment Solutions Roundtable: Asset Manager Insights on Biden’s Build Back Better Plan Read Full Article 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 [...]

3009, 2021

Daily Market Report | 09/30/2021

By |September 30th, 2021|Categories: Daily Market Report|

Daily Market Report | September 30, 2021 US FINANCIAL MARKET Stocks Wobble but Stay on Track for Quarterly Gains Despite Recent Selloff – Wall Street Journal, 9/30/2021 U.S. stocks wavered Thursday, on pace to end the volatile month of September on a choppy note. All three major indexes started the day higher but wobbled as the session continued. The S&P 500 recently hugged [...]

2909, 2021

Daily Market Report | 09/29/2021

By |September 29th, 2021|Categories: Daily Market Report|

Daily Market Report | September 29, 2021 US FINANCIAL MARKET Stock Market Steadies After Rout – Wall Street Journal, 9/29/2021 U.S. stocks rose Wednesday, a day after surging energy prices and rising bond yields triggered the biggest rout on Wall Street in months. The benchmark S&P 500 gained 0.6%, stabilizing after it closed down 2% Tuesday in its worst one-day performance since May. [...]

2709, 2021

Daily Market Report | 09/27/2021

By |September 27th, 2021|Categories: Daily Market Report|

Daily Market Report | September 27, 2021 US FINANCIAL MARKET Stocks Waver; Oil Prices Near Three-Year High – Wall Street Journal, 9/27/2021 U.S. stocks wobbled in early trading Monday, bond yields rose and oil hit its highest level in nearly three years, as investors bet on further economic reopening, but remained concerned about supply-chain disruptions. Global benchmark Brent crude gained 1.9% and traded [...]

2309, 2021

LAILA PENCE RECOGNIZED AS ONE OF BARRON’S 2021 TOP 100 INDEPENDENT FINANCIAL ADVISORS

By |September 23rd, 2021|Categories: Press Release|Tags: |

LAILA PENCE RECOGNIZED AS ONE OF BARRON'S 2021 TOP 100 INDEPENDENT FINANCIAL ADVISORS We are excited to announce that Barron’s has included Laila Pence in the list of the 2021 Top 100 Independent Financial Advisors*. She is honored to receive this recognition from Barron’s – a publisher covering U.S. financial information, market developments and relevant statistics. This will be Laila’s 10th consecutive time to be included in [...]

2309, 2021

Daily Market Report | 09/23/2021

By |September 23rd, 2021|Categories: Daily Market Report|

Daily Market Report | September 23, 2021 US FINANCIAL MARKET U.S. Stocks Rise Despite Jitters Over China Evergrande – Wall Street Journal, 9/23/2021 U.S. stocks rose, pointing to gains for major indexes as investors remained upbeat that trouble with property giant China Evergrande Group can be contained. The S&P 500 rose 1.2% Thursday morning, a day after a Federal Reserve policy update sent [...]

2209, 2021

Daily Market Report | 09/22/2021

By |September 22nd, 2021|Categories: Daily Market Report|

Daily Market Report | September 22, 2021 US FINANCIAL MARKET U.S. Stocks Rise as Investors Await Fed Decision – Wall Street Journal, 9/22/2021 U.S. stocks bounced higher Wednesday, shaking off the volatility that gripped the market earlier this week, as concerns over property developer China Evergrande Group started to ease and investors awaited an update from the Federal Reserve on its plans to [...]

2109, 2021

Daily Market Report | 09/21/2021

By |September 21st, 2021|Categories: Daily Market Report|

Daily Market Report | September 21, 2021 US FINANCIAL MARKET U.S. Stocks Wobble After Global Market Selloff – Wall Street Journal, 9/21/2021 U.S. stocks pared back early gains Tuesday, struggling to rebound after fears about China’s property sector helped fuel a global selloff in stocks and commodities. The Dow Jones Industrial Average was up 47 points, or 0.1%, to 34017. The S&P 500 [...]

2009, 2021

Daily Market Report | 09/20/2021

By |September 20th, 2021|Categories: Daily Market Report|

Daily Market Report | September 20, 2021 US FINANCIAL MARKET Stock Market Falls on Chinese Property Fears – Wall Street Journal, 9/20/2021 U.S. stocks fell in early trading, pointing to an extension of recent losses on Wall Street as concerns regarding China’s indebted property sector rippled into global markets. The S&P 500 dropped 1.6% Monday, after the broad stocks gauge posted its biggest [...]

1709, 2021

Two e-commerce stores best for exposure before the holiday season

By |September 17th, 2021|Categories: Interviews, News Coverage, Pence Insights|Tags: |

Two e-commerce stores best for exposure before the holiday season Dryden Pence, Pence Wealth Management Chief Investment Officer, says consumers should watch Amazon and Shopify to start their holiday shopping. September 20, 2021 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 [...]

1709, 2021

Daily Market Report | 09/17/2021

By |September 17th, 2021|Categories: Daily Market Report|

Daily Market Report | September 17, 2021 US FINANCIAL MARKET Stock Point to Lackluster Finish for Week; Oil Pulls Back – Wall Street Journal, 9/17/2021 U.S. stocks fell in early trading as fresh data on consumer sentiment was slightly below expectations, pointing to a subdued end to a choppy week in markets. This week brought the first sign of inflation easing and an [...]

1609, 2021

Daily Market Report | 09/16/2021

By |September 16th, 2021|Categories: Daily Market Report|

Daily Market Report | September 16, 2021 US FINANCIAL MARKET Stocks Fall as Investors Parse Data, Market Decline in China – Wall Street Journal, 9/16/2021 The S&P 500 declined as investors weighed mixed signals in the latest U.S. economic data and a stock-market pullback in China. The number of Americans who applied for first-time unemployment benefits rose in the week ended Sept. 11 [...]

1409, 2021

Daily Market Report | 09/14/2021

By |September 14th, 2021|Categories: Daily Market Report|

Daily Market Report | September 14, 2021 US FINANCIAL MARKET Stocks Decline After Inflation Slows – Wall Street Journal, 9/14/2021 Stocks fell on Tuesday after fresh data showed that inflation climbed at a slower pace than economists expected in August. The S&P 500 declined 0.3% in morning trading. The Dow Jones Industrial Average lost more than 200 points, or 0.6%. The technology-heavy Nasdaq [...]

1309, 2021

Daily Market Report | 09/13/2021

By |September 13th, 2021|Categories: Daily Market Report|

Daily Market Report | September 13, 2021 US FINANCIAL MARKET Stocks Pare Gains After Streak of Losses – Wall Street Journal, 9/13/2021 U.S. stocks rose Monday, led by a run-up in shares of energy firms, as the S&P 500 and Dow Jones Industrial Average mounted recoveries following last week’s slump. Energy stocks led the S&P 500, rising 3.3% to help the benchmark bounce [...]

1009, 2021

Daily Market Report | 09/10/2021

By |September 10th, 2021|Categories: Daily Market Report|

Daily Market Report | September 10, 2021 US FINANCIAL MARKET Stocks Waver; Metals Rally on Hopes of Reduced U.S.-China Tensions – Wall Street Journal, 9/10/2021 U.S. stocks wavered on Friday and remained on track to end a choppy week with losses. The S&P 500 ticked up less than 0.1%. The benchmark index on Thursday fell for a fourth consecutive session, marking its longest [...]

909, 2021

Daily Market Report | 09/09/2021

By |September 9th, 2021|Categories: Daily Market Report|

Daily Market Report | September 9, 2021 US FINANCIAL MARKET Stocks Rise As Jobless Claims Fall – Wall Street Journal, 9/9/2021 U.S. stock indexes rose Thursday after jobless claims hit a new pandemic low, while Hong Kong stocks took a leg down after Chinese authorities pressed ahead with online-gaming restrictions. The S&P 500 and the Dow Jones Industrial Average both added 0.3% after [...]

809, 2021

Daily Market Report | 09/08/2021

By |September 8th, 2021|Categories: Daily Market Report|

Daily Market Report | September 8, 2021 US FINANCIAL MARKET Stocks Waver as Nasdaq Fades From Record – Wall Street Journal, 9/8/2021 U.S. stocks wobbled Wednesday on investors’ concerns that Covid-19 cases remain elevated and uncertainty about when central banks may dial back easy-money policies. Stocks have lost steam in recent days as investors assessed the rise in coronavirus cases and a weaker-than-expected [...]

709, 2021

Daily Market Report | 09/07/2021

By |September 7th, 2021|Categories: Daily Market Report|

Daily Market Report | September 7, 2021 US FINANCIAL MARKET Stocks Mixed at the Opening – Wall Street Journal, 9/7/2021 The S&P 500 edged lower Tuesday, leaving the U.S. stock benchmark hovering close to its record after the long holiday weekend. The broad equity gauge ticked down 0.3%, adding to its drift downward Friday after the Labor Department’s employment report showed the pace [...]

309, 2021

Daily Market Report | 09/03/2021

By |September 3rd, 2021|Categories: Daily Market Report|

Daily Market Report | September 3, 2021 US FINANCIAL MARKET Stocks Open Lower After Weak Jobs Report – Wall Street Journal, 9/3/2021 U.S. stocks inched lower ahead of the holiday weekend, although the S&P 500 remained on track to post modest weekly gains. The S&P 500 fell 0.1% shortly after the opening bell. The broad index finished at a record Thursday, its 54th [...]

209, 2021

Daily Market Report | 09/02/2021

By |September 2nd, 2021|Categories: Daily Market Report|

Daily Market Report | September 2, 2021 US FINANCIAL MARKET U.S. Stocks Rise After Economic Data – Wall Street Journal, 9/2/2021 U.S. stocks rose after fresh data on the labor market and the trade balance showed that the economic recovery remains on track. Jobless claims, a proxy for layoffs, dropped to 340,000, reaching a new pandemic low. The Fed signaled that the labor [...]

109, 2021

Daily Market Report | 09/01/2021

By |September 1st, 2021|Categories: Daily Market Report|

Daily Market Report | September 1, 2021 US FINANCIAL MARKET Stocks Tick Higher, Building on August’s Gains – Wall Street Journal, 9/1/2021 The S&P 500 hovered near a record to start the month, building on strong gains from August and its longest winning streak since January 2018. Stocks have risen over the summer, buoyed by expectations that the economic recovery would enable corporate [...]

3108, 2021

Daily Market Report | 08/31/2021

By |August 31st, 2021|Categories: Daily Market Report|

Daily Market Report | August 31, 2021 US FINANCIAL MARKET Stocks Open Lower After S&P 500 Notches Record – Wall Street Journal, 8/31/2021 U.S. stocks slipped Tuesday but were on track to end the month higher as major indexes wrapped up trading for August. The S&P 500 fell 0.1%, a day after the broad index notched its 53rd record close of the year. [...]

3008, 2021

Daily Market Report | 08/30/2021

By |August 30th, 2021|Categories: Daily Market Report|

Daily Market Report | August 30, 2021 US FINANCIAL MARKET Stocks Rise After S&P 500, Nasdaq Hit Records – Wall Street Journal, 8/30/2021 The S&P 500 pushed further into record territory Monday after ending last week at an all-time high. The broad U.S. stock index rose 0.3%, while the tech-heavy Nasdaq Composite advanced 0.6%. The Dow Jones Industrial Average, meanwhile, ticked down 0.2%. [...]

2708, 2021

Daily Market Report | 08/27/2021

By |August 27th, 2021|Categories: Daily Market Report|

Daily Market Report | August 27, 2021 US FINANCIAL MARKET Stocks Rise Ahead of Powell Comments – Wall Street Journal, 8/27/2021 Stocks rose at the open Friday as investors awaited Federal Reserve Chairman Jerome Powell’s speech at Jackson Hole, seeking clues about when the central bank might start to scale back its easy-money policies. In the bond market, the yield on 10-year Treasury [...]

2608, 2021

Daily Market Report | 08/26/2021

By |August 26th, 2021|Categories: Daily Market Report|

Daily Market Report | August 26, 2021 US FINANCIAL MARKET Stocks Pause After S&P 500,Nasdaq Records – Wall Street Journal, 8/26/2021 U.S. stocks ticked lower Thursday, suggesting that the S&P 500 and Nasdaq Composite Index will retreat from record levels. Money managers say their focus is largely on comments expected from Federal Reserve officials on Friday that could offer cues on the central [...]

2608, 2021

Laila Pence in Forbes 2021 America’s Top Wealth Advisors

By |August 26th, 2021|Categories: Press Release|Tags: |

FORBES RECOGNIZES LAILA PENCE AS ONE OF AMERICA’S TOP WOMAN ADVISOR (2021) We are excited to announce that Forbes has included Laila Pence in the list of the 2021 Top Wealth Advisors*. She is honored to receive this recognition from Forbes – a publisher covering original content on finance, industry, investing and marketing topics. This will be Laila’s 6th consecutive time to be included in the rankings since her [...]

2508, 2021

Daily Market Report | 08/25/2021

By |August 25th, 2021|Categories: Daily Market Report|

Daily Market Report | August 25, 2021 US FINANCIAL MARKET Stocks Pause After S&P 500, Nasdaq Hit Records – Wall Street Journal, 8/25/2021 U.S. stocks opened mixed on Wednesday, as major indexes continued to trade near record levels. Investors appeared to be holding off on making any big new bets going into the end of the week, ahead of fresh insights from Federal [...]

2408, 2021

Daily Market Report | 08/24/2021

By |August 24th, 2021|Categories: Daily Market Report|

Daily Market Report | August 24, 2021 US FINANCIAL MARKET Stocks Open Higher, With S&P 500 Poised for Record Close – Wall Street Journal, 8/24/2021 U.S. stocks rose Tuesday, putting the S&P 500 on pace for another record close as the approval of Pfizer’s Covid-19 vaccine continued to lift sentiment. The full approval from U.S. regulators for the Covid-19 vaccine from Pfizer and [...]

2308, 2021

Daily Market Report | 08/23/2021

By |August 23rd, 2021|Categories: Daily Market Report|

Daily Market Report | August 23, 2021 US FINANCIAL MARKET Stocks Open Higher Ahead of Economic Data – Wall Street Journal, 8/23/2021 U.S. stocks edged up Monday boosted by technology stocks as investors awaited more signals from the Federal Reserve. Investors are largely focused on the Federal Reserve’s annual economic policy symposium later this week, awaiting fresh cues on when policy makers may [...]

2008, 2021

Daily Market Report | 08/20/2021

By |August 20th, 2021|Categories: Daily Market Report|

Daily Market Report | August 20, 2021 US FINANCIAL MARKET Stocks Rise, But on Track to Erase August’s Gains – Wall Street Journal, 8/20/2021 U.S. stocks edged higher Friday, but headed toward weekly losses after a bumpy stretch of trading. The Dow Jones Industrial Average rose about 120 points, or 0.4%, to 34965 shortly after the opening bell. The S&P 500 added 0.5%, [...]

2008, 2021

Opportunities In FAANG Stocks: Why Netflix (NFLX) Is The Riskiest FAANG Stock

By |August 20th, 2021|Categories: Interviews, News Coverage, Pence Insights|Tags: |

Opportunities In FAANG Stocks: Why Netflix (NFLX) Is The Riskiest FAANG Stock Is this a good time to buy the dip on Amazon (AMZN)? Dryden Pence, Chief Investment Officer at Pence Capital Management, and Doug Astrop, Managing Partner at Exponential Investment Partners, discuss this, as well as opportunities in FAANG stocks. They also talk about regulatory risks for FAANG stocks and why Netflix (NFLX) is [...]

1908, 2021

Daily Market Report | 08/19/2021

By |August 19th, 2021|Categories: Daily Market Report|

Daily Market Report | August 19, 2021 US FINANCIAL MARKET U.S. Stocks Hug Flatline as Oil and Copper Drop – Wall Street Journal, 8/19/2021 U.S. stocks were mixed Thursday, while oil and copper prices retreated and the dollar hit a nine-month high as investors weighed the likely reduction in stimulus measures by the Federal Reserve and rising Covid-19 cases. In one bright sign [...]

1808, 2021

Daily Market Report | 08/18/2021

By |August 18th, 2021|Categories: Daily Market Report|

Daily Market Report | August 18, 2021 US FINANCIAL MARKET Stocks Waver Ahead of Fed Minutes – Wall Street Journal, 8/18/2021 U.S. stocks traded mostly lower Wednesday ahead of the release of minutes from the Federal Reserve’s July policy meeting. Minutes from the Fed meeting, due at 2 p.m. ET, will offer more indications of when the central bank may begin scaling back [...]

1708, 2021

Daily Market Report | 08/17/2021

By |August 17th, 2021|Categories: Daily Market Report|

Daily Market Report | August 17, 2021 US FINANCIAL MARKET U.S. Stocks Open Lower After Retail Sales Data – Wall Street Journal, 8/17/2021 U.S. stocks slid Tuesday, retreating from a stretch of all-time highs as weaker-than-expected retail sales and concerns about the Delta variant of the coronavirus weighed on investor optimism. The S&P 500 fell 0.6%, while Dow Jones Industrial Average lost about [...]

1608, 2021

Pence Perspective | Q3 2021

By |August 16th, 2021|Categories: Pence Perspective|

Pence Perspective | Q3. 2021 Download Here Intro In today’s world it’s easy to get wrapped up in the 24-hour news cycle. Networks and news outlets are designed around viewership and the human brain is psychologically wired for a greater sensitivity to negative news. In 2014, Russian news site City Reporter decided to conduct a social experiment and only reported good news to its readers for [...]

1608, 2021

Daily Market Report | 08/16/2021

By |August 16th, 2021|Categories: Daily Market Report|

Daily Market Report | August 16, 2021 US FINANCIAL MARKET Stocks Open Lower After Dow, S&P Records – Wall Street Journal, 8/16/2021 U.S. stocks opened lower Monday and oil prices fell after data showed a slowdown in China’s economy. Stocks have ground higher in thin summer trading, buoyed by a bumper set of quarterly earnings reports from American companies. However, investors remain wary [...]

1308, 2021

Daily Market Report | 08/13/2021

By |August 13th, 2021|Categories: Daily Market Report|

Daily Market Report | August 13, 2021 US FINANCIAL MARKET Stocks Rise After S&P 500, Dow Hit Records – Wall Street Journal, 8/13/2021 U.S. stocks climbed Friday, putting major indexes on course to end a muted week close to record highs, as investors drew confidence from a blockbuster round of earnings. The broad gauge of large-cap stocks climbed Thursday to its 47th all-time [...]

1208, 2021

Daily Market Report | 08/12/2021

By |August 12th, 2021|Categories: Daily Market Report|

Daily Market Report | August 12, 2021 US FINANCIAL MARKET U.S. Stocks Waver After Jobs Data – Wall Street Journal, 8/12/2021 U.S. stocks were mixed ahead of a series of earnings reports and after fresh labor-market data provided insight on the pace of the recovery. Vaccine makers rose after reports that the Food and Drug Administration is close to approving Covid-19 booster shots. [...]

1108, 2021

Daily Market Report | 08/11/2021

By |August 11th, 2021|Categories: Daily Market Report|

Daily Market Report | August 11, 2021 US FINANCIAL MARKET Stocks Open Higher After Inflation Data – Wall Street Journal, 8/11/2021 U.S. stocks edged higher and Treasury yields ticked lower Wednesday after the release of inflation data for July. The U.S. consumer-price index rose 5.4% in July from a year earlier. The Federal Reserve is betting that elevated inflation readings will be temporary, [...]

1008, 2021

Daily Market Report | 08/10/2021

By |August 10th, 2021|Categories: Daily Market Report|

Daily Market Report | August 10, 2021 US FINANCIAL MARKET Stocks Rise at the Opening as Investors Await Fed Clues – Wall Street Journal, 8/10/2021 U.S. stock futures rose slightly at the opening Tuesday as investors awaited clues from Federal Reserve officials about plans to ease stimulus measures. Kansas City Southern rose over 6% after Canadian Pacific Railways raised its bid to buy [...]

908, 2021

Daily Market Report | 08/09/2021

By |August 9th, 2021|Categories: Daily Market Report|

Daily Market Report | August 9, 2021 US FINANCIAL MARKET S&P 500 Holds Steady While Oil Slides – Wall Street Journal, 8/9/2021 U.S. stocks hovered close to record highs, but a tumble in oil prices and a brief slump in gold and silver prices signaled investor unease about the strength of the economic recovery. Global oil benchmark Brent crude dropped 3.8% to $68.04, [...]

508, 2021

Daily Market Report | 08/05/2021

By |August 5th, 2021|Categories: Daily Market Report|

Daily Market Report | August 5, 2021 US FINANCIAL MARKET Stocks Rise as Jobless Claims Drop – Wall Street Journal, 8/5/2021 U.S. stock edged up Thursday as investors weighed a decline in jobless claims against data showing that the trade deficit widened. Fresh data Thursday showed the U.S. trade deficit widened to $75.7 billion in June, more than economists had forecast, as Americans [...]

408, 2021

Daily Market Report | 08/04/2021

By |August 4th, 2021|Categories: Daily Market Report|

Daily Market Report | August 4, 2021 US FINANCIAL MARKET Stocks Slide, Bonds Rally on Weak Jobs Data – Wall Street Journal, 8/4/2021 U.S. stock indexes slipped and government bonds rallied Wednesday after data showed that the private sector added fewer jobs than economists expected in July, fueling concerns that the rebound may be faltering. A report from ADP showed that 330,000 jobs [...]

408, 2021

Stocks rise, futures steady as China concerns ease: markets wrap

By |August 4th, 2021|Categories: News Coverage, Pence Insights|Tags: |

Stocks rise, futures steady as China concerns ease: markets wrap August 4, 2021 The delta strain is exacerbating concerns that the rebound from the pandemic is losing steam. 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 [...]

408, 2021

As Recovery Optimism Takes Center Stage, Asian Markets are Mostly Up.

By |August 4th, 2021|Categories: News Coverage, Pence Insights|Tags: |

As Recovery Optimism Takes Center Stage, Asian Markets are Mostly Up. August 4, 2021 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.  The economic forecasts set forth may [...]

308, 2021

Daily Market Report | 08/03/2021

By |August 3rd, 2021|Categories: Daily Market Report|

Daily Market Report | August 3, 2021 US FINANCIAL MARKET U.S. Stocks Climb Amid Earnings Optimism – Wall Street Journal, 8/3/2021 U.S. stocks edged higher Tuesday as investors assessed the latest string of corporate earnings reports. Solid economic data and earnings have helped bolster investors’ optimism that stocks can continue to grind higher following an already strong rally this year. Shares of Under [...]