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Chris Perras, CFA®, Chief Investment Officer of Oak Harvest Financial Group shares his insight into the markets based on 25 years experience. Advisory services are provided through Oak Harvest Investment Services, LLC, a registered investment adviser. Insurance services are provided through Oak Harvest Insurance Services, LLC, a licensed insurance agency.
Episodes
Thursday Dec 29, 2022
Thursday Dec 29, 2022
On December 16th, we released a podcast warning that our call for a 4th quarter rally should be running into resistance in both price and time due to 4 things. One, more Federal Reserve hawkish talk would be forthcoming, 2-chart technicals, 3-stock buybacks slowing into year end, and 4- year end tax loss selling by individuals.. Well, someone out there might have seen the same things we did. We’ve sold off hard since mid that week.