New Changes to Lockheed Martin Empower 401k Plan

The Lockheed Martin Empower 401k plan underwent some major changes recently. The company has a subsidiary called LMIMCo “Lockheed Martin Investment Management Company” and they act as plan fiduciaries to the company 401k plan. LMIMCo added new investment...

Capital Gains Tax Proposal Impact to the Stock Market

President Biden is expected to announce a proposal to raise the captial gains tax rate on individuals with investment income greater than $1 million per year from roughly 20% to ~39%. This is nearly double the current rate and could have significant impacts on the...

S&P 500 Above 4000, Record Market Rally Continues

The S&P 500 broke 4000 and Q2 is off to fast start. Money is beginning to flow into Technology stocks, as the rally in reopening stocks slows. Investors are gearing up for a fast growing US economy and hot second half of 2021 as earnings expectations continue to...

Stock Market End of Quarter Re-balancing, What’s next?

The stock market remains volatile as we enter second quarter. Portfolio managers are re-balancing their holdings and positioning themselves for a re-opening US economy and end to the Coronavirus pandemic. Overall, markets continue to trade below their all time highs...

Tech Wreck & Rising Interest Rates, Stock Market Impacts

The 10 year treasury yield crept higher towards 1.63% this week and investors remain cautious towards technology stocks. High beta and speculative stocks are most sensitive to rising interest rates because it affects the capital asset pricing model calculations and...