Market Update

Markets Likely to Shrug Off Israel-Hamas Conflict Unless It Spreads

2023-10-11T12:56:32-07:00

Markets Likely to Shrug Off Israel-Hamas Conflict Unless It Spreads Dryden Pence, Chief Investment Officer at Pence Capital, discusses how the conflict between Israel and Hamas will affect U.S. investors and the opportunities in the Energy and Defense sectors driven by demand and backlogs. (Source:  Yahoo Finance) 10/10/2023 Disclosure: Pence Capital Management, LLC (“PCM”) is an investment adviser registered with the State of California that provides institutional level portfolio consultancy services to certain Unit Investment Trust (UIT) product sponsors, as well as, asset management model development offered through LPL Financial LLC’s (“LPL Financial'') Manager Select program. [...]

Markets Likely to Shrug Off Israel-Hamas Conflict Unless It Spreads2023-10-11T12:56:32-07:00

Chevron Produces More Oil than Kuwait

2023-10-03T12:38:55-07:00

Chevron Produces More Oil than Kuwait Dryden Pence, Chief Investment Officer at Pence Capital, says the dominance of Exxon Mobil and Chevron can make them a good long-term choice. He also believes the pullback and volatility is an opportunity to enter the market. (Source:  Schwab Network) 10/02/2023 Disclosure: Pence Capital Management, LLC (“PCM”) is an investment adviser registered with the State of California that provides institutional level portfolio consultancy services to certain Unit Investment Trust (UIT) product sponsors, as well as, asset management model development offered through LPL Financial LLC’s (“LPL Financial'') Manager Select program. PCM’s [...]

Chevron Produces More Oil than Kuwait2023-10-03T12:38:55-07:00

Anti-Obesity Drug Market – $2.8 Billion Value to $75 Billion by 2030

2023-09-22T10:25:02-07:00

Anti-Obesity Drug Market - $2.8 Billion Value to $75 Billion by 2030. Pence Wealth Management President Laila Pence discusses her outlook on the U.S. markets and economy highlighting AI, Construction, and Anti-Obesity drug market, which is expected to grow from a value of $2.8 Billion to $75 Billion by 2030. (Source:  Bloomberg Daybreak: Australia) 09/19/2023 Disclosure: The opinions expressed are for general information purposes only and are not intended to provide specific advice or recommendations for any individual. To determine which strategies or investments may be suitable for you, consult the appropriate qualified professional prior to [...]

Anti-Obesity Drug Market – $2.8 Billion Value to $75 Billion by 20302023-09-22T10:25:02-07:00

What Lies Ahead For The Magnificent 7 Stocks?

2023-09-06T14:50:24-07:00

What Lies Ahead For The Magnificent 7 Stocks? Dryden Pence, Chief Investment Officer at Pence Capital, says the next 3 quarters can still be positive for the magnificent 7 stocks - Tesla (TSLA), Apple (AAPL), Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), and Alphabet (GOOGL). (Source:  Schwab Network)  09/01/2023 Disclosure: Pence Capital Management, LLC (“PCM”) is an investment adviser registered with the State of California that provides institutional level portfolio consultancy services to certain Unit Investment Trust (UIT) product sponsors, as well as, asset management model development offered through LPL Financial LLC’s (“LPL Financial'') Manager Select program. [...]

What Lies Ahead For The Magnificent 7 Stocks?2023-09-06T14:50:24-07:00

U.S Market Wrap: Will The Bullish A.I. Trend Keep Up?

2023-09-01T14:01:35-07:00

U.S. Market Wrap: Will The Bullish A.I. Trend Keep Up? Laila Pence, President & Co-Founder, Pence Wealth Management shares her insights on market volatility and inflationary pressure expectations ahead of the Jackson Hole Economic Symposium, as well as bullishness in the AI space. Source: MoneyFM 98.3 08/24/2023 Disclosure: The opinions expressed are for general information purposes only and are not intended to provide specific advice or recommendations for any individual. To determine which strategies or investments may be suitable for you, consult the appropriate qualified professional prior to making any decision. All performance referenced [...]

U.S Market Wrap: Will The Bullish A.I. Trend Keep Up?2023-09-01T14:01:35-07:00

DISNEY LOOKS PROMISING, BUT WILL STRIKE DAMPEN PROGRESS?

2023-08-28T11:23:14-07:00

Disney Looks Promising, But Will Strike Dampen Progress? Pence Capital Management Chief Investment Officer Dryden Pence says, stock pricing is at the same level as 2020, and amusement park demand is there since “8-year-olds don’t really care about what’s going on with inflation”.  Source: Fox Business  Air Date: 08/23/2023 Disclosure: Pence Capital Management, LLC (“PCM”) is an investment adviser registered with the State of California that provides institutional level portfolio consultancy services to certain Unit Investment Trust (UIT) product sponsors, as well as, asset management model development offered through LPL Financial LLC’s (“LPL Financial'') Manager Select [...]

DISNEY LOOKS PROMISING, BUT WILL STRIKE DAMPEN PROGRESS?2023-08-28T11:23:14-07:00

CRUDE OIL DEMAND TO REMAIN HIGH

2023-08-28T10:22:51-07:00

Crude Oil Demand to Remain High Pence Capital Management Chief Investment Officer Dryden Pence says oil demand will remain high even with supply constraints, which will be supportive of higher pricing.  Source: Fox Business  Air Date: 08/23/2023 Disclosure: Pence Capital Management, LLC (“PCM”) is an investment adviser registered with the State of California that provides institutional level portfolio consultancy services to certain Unit Investment Trust (UIT) product sponsors, as well as, asset management model development offered through LPL Financial LLC’s (“LPL Financial'') Manager Select program. PCM’s Chief Investment Officer is Dryden Pence. Dryden Pence is a [...]

CRUDE OIL DEMAND TO REMAIN HIGH2023-08-28T10:22:51-07:00

EXXON MORE PROFITABLE THAN IT WAS IN 2021

2023-08-28T10:22:42-07:00

Exxon More Profitable Than It Was in 2021 Pence Capital Management Chief Investment Officer Dryden Pence says he likes Exxon and that “at 3.7 million barrels a day, they are actually a larger producer of oil than Iran”.  Source: Fox Business Air Date: 08/23/2023 Disclosure: Pence Capital Management, LLC (“PCM”) is an investment adviser registered with the State of California that provides institutional level portfolio consultancy services to certain Unit Investment Trust (UIT) product sponsors, as well as, asset management model development offered through LPL Financial LLC’s (“LPL Financial'') Manager Select program. PCM’s Chief Investment Officer [...]

EXXON MORE PROFITABLE THAN IT WAS IN 20212023-08-28T10:22:42-07:00

Are Technology Stocks Slipping? Is a Broader Market Rally Ahead?

2023-08-10T11:22:42-07:00

Are Technology Stocks Slipping? Is a Broader Market Rally Ahead? “We’re beginning to see a shift out of some of those ones that have really led and transforming into what we believe is a broader market rally” says Dryden Pence, Chief Investment Officer at Pence Capital Management. Source: Reuters 08/08/2023 Disclosure: Pence Capital Management, LLC (“PCM”) is an investment adviser registered with the State of California that provides institutional level portfolio consultancy services to certain Unit Investment Trust (UIT) product sponsors, as well as, asset management model development offered through LPL Financial LLC’s (“LPL Financial'') Manager [...]

Are Technology Stocks Slipping? Is a Broader Market Rally Ahead?2023-08-10T11:22:42-07:00

Path of Inflation Could Create Challenges for Fed – Are They Targeting 2% or Tolerating 3%?

2023-08-10T11:07:53-07:00

Path of Inflation Could Create Challenges for Fed - Are They Targeting 2% or Tolerating 3%? Inflation is continuing to fall but the pace of decline is slowing, and it could level off, said Pence Capital Management Chief Investment Officer Dryden Pence, adding that the Federal Reserve will face tough decisions as a result. Source: Reuters 08/08/2023 Disclosure: Pence Capital Management, LLC (“PCM”) is an investment adviser registered with the State of California that provides institutional level portfolio consultancy services to certain Unit Investment Trust (UIT) product sponsors, as well as, asset management model development offered [...]

Path of Inflation Could Create Challenges for Fed – Are They Targeting 2% or Tolerating 3%?2023-08-10T11:07:53-07:00