Tim Reazor
Chief Investment Strategist
NorAm Asset Management
I’m bullish on silver because of the chart pattern that is taking shape. After a recent spike higher silver is consolidating and digesting the recent gains. The numbers 1, 2 and 3 represent potential price targets.
I love this chart pattern. Whether it is a stock, metal or commodity that sports a consolidation at recent highs there are several ways to potentially make money from this set up.
The easiest thing to do is just to buy shares of SLV. You could also design a put credit spread around SLV at 1 standard deviation. What I prefer in this situation, because the options are not that expensive, is buying Delta 70 calls for August, September or October.
Let’s examine a chart of SLV the silver ETF. It closed Monday at $20.17. If you’re going to buy calls you know that you’re buying a depreciating asset. You can offset the decay by selling put credit spreads every week to offset the decay or go theta positive.
I’m going to cover this set up in great detail during a webinar today July 8th at 7 PM central. I’ll show you how to harvest potential gains along the way, set price targets, sell credit spreads for income and how to overall manage this trade.
I made a short video this past weekend that explains other concepts I’ll be teaching you today. Click this link to watch the video – http://noramassetmanagement.com/whats-trending/weekend-video-update-12/
If you want to learn more about my rules based approach to investing the webinar is complimentary. During the webinar you’ll receive a current watch-list of leading stocks and fresh credit spread ideas that may be suitable for your account.
To register for the webinar please click this link http://noramassetmanagement.com/
We were just about at capacity for the June 26th webinar, so we’ve expanded the room for the class this evening. Feel free to invite any groups or individuals that you feel would benefit from the information, and be sure to bring your questions! I won’t end the webinar until all of your questions are answered.
I hope this helps you find success.
Best Regards,
Tim
The information presented is for educational and entertainment purposes only. Opinions and information expressed are based upon information considered reliable. However, factors are constantly changing and should not be relied upon. You need to do and verify your own research.
Moreover, no reader or listener should assume that any information or discussion presented serves as personalized investment advice from NorAm Asset Management, Inc. or from any other investment professional, and is not an offer of solicitation for the sale or purchase of any specific securities, investments, or investment strategies. You need to have your own, individual investment advice suitable for your personal situation.
Investments involve risk and unless otherwise stated are not guaranteed.
Tim Reazor
Chief Investment Strategist
NorAm Asset Management
Anyone can get you into a stock. You’ll only thrive in the market if you have a set of defined sell rules. Your sell rules maximize profits and minimize losses. Very few investors ever take the time necessary to define what will get them out of stocks or the overall market. I’m betting you’ve heard this or have heard some variation of this before.
I’m betting that market cycle after market cycle you make the same mistakes with the stocks you buy. You’re certainly not alone. I talk to thousands of investors every year. The most common mistake this year seems to be the round-trip. The round-trip is when you have a profit in your stock and you watch the profit dissipate as the price falls back to where you purchased the stock.
This problem is easily fixed. Most people associate selling or sell rules with something negative such as taking a loss on a stock. You should have rules that prevent major losses; you should also have rules that allow you to maximize gains.
I’m going to teach you exactly how to maximize your gains during a webinar on Tuesday July 8th at 7 PM central. I use a combination of hard and fast sell rules mixed in with Fibonacci work to keep me in leading stocks. It’s these rules that have kept us in leaders such as CLR, FANG and SLB since the 1st week of April.
I made a short video this weekend that explains this concept plus the other topics I’ll be teaching you on Tuesday. Click this link to watch the video – http://noramassetmanagement.com/whats-trending/weekend-video-update-12/
If you want to learn more about my rules based approach to investing the webinar is complimentary. During the webinar you’ll receive a current watch-list of leading stocks and fresh credit spread ideas that may be suitable for your account.
To register for the webinar please click this link http://noramassetmanagement.com/
We were just about at capacity for the June 26th webinar, so we’ve expanded the room for the class on the 8th. Feel free to invite any groups or individuals that you feel would benefit from the information, and be sure to bring your questions! I won’t end the webinar until all of your questions are answered.
I hope this helps you find success.
Best Regards,
Tim
The information presented is for educational and entertainment purposes only. Opinions and information expressed are based upon information considered reliable. However, factors are constantly changing and should not be relied upon. You need to do and verify your own research.
Moreover, no reader or listener should assume that any information or discussion presented serves as personalized investment advice from NorAm Asset Management, Inc. or from any other investment professional, and is not an offer of solicitation for the sale or purchase of any specific securities, investments, or investment strategies. You need to have your own, individual investment advice suitable for your personal situation.
Investments involve risk and unless otherwise stated are not guaranteed.
Tim Reazor
Chief Investment Strategist
NorAm Asset Management
I now realize that anyone who uses the words fiat currency in their daily dialogue is covering up their own shortcomings in regards to making money in stocks.
You’re damned no matter what you do. Some pundits don’t want you to enter the markets because they’re too high. Other pundits tell you not to enter the markets because Armageddon is coming and you had better be prepared. And sadly there is another set of charlatans out there who just can’t admit that they’ve been wrong… since 2009.
I’ve written about this nonsense before http://noramassetmanagement.com/articles/leading-offthe-reason-why-you-lose-money-in-the-markets/ but now I want to help you navigate the “Shiffery” a full month into the uptrend.
Let me be clear. I’m not a perma-bull; I’m not a perma-bear. I’m a rules based investor who is flexible. I rely on rules to get me in to markets and stocks and I rely on rules to get me out. I’m an investor who uses both fundamentals and technicals to serve my firm’s clients. My discipline is my comfort. My edge comes from my process. I don’t fall prey to mic’d up hucksters of modern day snake oil.
Why am I so passionate about this topic? These people cost you money. They arm themselves with self-serving facts and sell you fear. The more hyper they are, the louder they scream the more they think you’ll listen. They don’t respect you. If they did they wouldn’t scare you… they’d educate you. They’d give you a plan and a way forward. Anyone who instills the fear of God in you isn’t your friend.
Think about it…. How many folks do you roll with bully you with words or scare you into inaction? I’m betting not many. So why do you listen, why do you hang on, why do you let yourself get Peter’d or Shiffed day in and day out?
In the no…
Herein lies my point. These misguided masters of mayhem scare you into doing nothing – or worse the wrong thing. Has anyone on TV or radio talked you into the absolutely wrong strategy this spring and now into summer? Yet your children still need to go to school and your still need to retire with dignity. If you keep listening to these people you’ll be part of the “no” club… no gains and no investible money.
One day when you’re feeling frisky ask one of these bunker buddies when their personal Armageddon is coming. Then ask them how you can make money with their information. Ask them about timing. Ask them when you are supposed to hunker down and when should you pull your head from the sand.
While you’re waiting for one of these guys to cross the moat they’ve dug to protect themselves from our economy to give you an answer… I’ll tell you what I think.
I believe that they’re scared. The markets are humbling. They teach me something everyday they are opened. Sometime I’m wrong. Sometimes I’m right. I roll with the punches because I have a defined ever-evolving process. I love the challenge that comes with admitting that I don’t know what’s going to happen from day to day – that’s why I have rules and my rules protect profits and minimize losses.
For example my rules had the firm enter QQQ and SPY the last week of May. My rules also had us enter GMCR and BIDU the first week of June. These investments are now up 4.11%, 2.55%, 2.01% and 8.60% respectively.
Our rules also helped us enter CLR, FANG and SLB the 1st week of April. Those stocks are now up 26.84%, 28.16% and 19.69% respectively.
To the stock gods I am not talking our book. I’m making a point. We have a record and I’m not afraid to talk about it. Ask a bunker buddy for his record of helping families grow their wealth. For the record we’re far from perfect. If we could get our early entry into GLOG back (we sold for a loss) trust me we would.
If you want to learn more about rules bases investing I’ll be hosting a complimentary webinar on Tuesday July 8th at 7PM central. I use a defined process to enter the markets and clearly defined sell rules to maximize gains and minimize losses. To register for this workshop please click this link to register http://noramassetmanagement.com/
Anyone can attend the workshop on the 8th. If you know anyone who is interested in stocks or markets please do pass along my newsletter and the invitation to the webinar.
I’m a self-admitted stock nerd. Every weekend I produce a video for my fellow stock nerds and market enthusiasts. If you’d like to watch it please click this link – http://noramassetmanagement.com/videos/weekend-video-update-11/
I hope this helps you find success.
Best Regards,
Tim
The information presented is for educational and entertainment purposes only. Opinions and information expressed are based upon information considered reliable. However, factors are constantly changing and should not be relied upon. You need to do and verify your own research.
Moreover, no reader or listener should assume that any information or discussion presented serves as personalized investment advice from NorAm Asset Management, Inc. or from any other investment professional, and is not an offer of solicitation for the sale or purchase of any specific securities, investments, or investment strategies. You need to have your own, individual investment advice suitable for your personal situation.
Investments involve risk and unless otherwise stated are not guaranteed.
Tim Reazor
Chief Investment Strategist
NorAm Asset Management
I’m going to be direct. I like the way bonds are setting up again. Before I invest/trade in TLT I look at bond futures for a signal. Take a look at this chart of 30-year U.S. Treasury Bond Futures. This is bullish price action. We’ve climbed off the lows and now bonds are building up energy as they move sideways for a potential move higher.
So what’s the play?
I take my signal from the futures market, but I use TLT to capitalize on this information. Take a look at TLT. It’s appears to be setting up to challenge the recent $115.19 high. There are a number of things you can do with this information.
Before I go on in full disclosure we’ve held TLT for clients since the first week of April.
Back to what you can do with this information. One of the easiest things you can do is buy TLT shares and sell them once you hit a price target. The more adventurous might wish to purchase Delta 70 calls with a 45-60 day time frame. You’ll want to start scaling out as you start to encroach on your first set of price targets. You don’t want to hold these calls to expiry.
You have to know how to set price targets before you ever enter a trade or investment. You have to know what keeps you in and what gets you out to the upside and downside. Just as important you have to develop the skillset that allows you to know when to hold through a sideways move or small pullback.
I’ll be hosting a complimentary webinar on Tuesday July 8th at 7PM central that covers exactly what I described above. If you’d like to learn how to invest and trade in this manner please use this link to register for the class –
http://noramassetmanagement.com/
I’m a self-admitted stock nerd. Every weekend I produce a video for my fellow stock nerds and market enthusiasts. If you’d like to watch it please click this link – http://noramassetmanagement.com/videos/weekend-video-update-11/
I hope this helps!
Best Regards,
Tim
The information presented is for educational and entertainment purposes only. Opinions and information expressed are based upon information considered reliable. However, factors are constantly changing and should not be relied upon. You need to do and verify your own research.
Moreover, no reader or listener should assume that any information or discussion presented serves as personalized investment advice from NorAm Asset Management, Inc. or from any other investment professional, and is not an offer of solicitation for the sale or purchase of any specific securities, investments, or investment strategies. You need to have your own, individual investment advice suitable for your personal situation.
Investments involve risk and unless otherwise stated are not guaranteed.
Tim Reazor
Chief Investment Strategist
NorAm Asset Management
This is my first newsletter since our big workshop on the 26th. No matter how many classes I teach I always learn more from the people I meet then I ever give them. Thursday was no different. From audience questions I can figure out what is top of mind and hopefully help. With that said here is something that may be on the top of your mind. I’ll paraphrase a question I received and the answer I provided.
Q – My stock isn’t taking off. I thought it was a leader when I got into it. I’ve been in it for a while and it’s trading sideways. How do I know when to let it go?
A – This question was asked in reference to our Schlumberger (SLB) position. SLB drifted up, but really didn’t go anywhere. Then after weeks of being in SLB it raced higher and it now a 20% gainer – so how did we hold it and not fold it like Kenny Rodgers? We entered the stock where the red arrow is placed.
This is a patience question. I’ve lost more money selling early and I’m betting you have too. But then there is the flipside where you’re watching everything else go up without you while you sit in your sideways mover praying for it to go up.
Here’s what I use to help me “Kenny Rogers” my stocks in regards to sideways movers.
The answer lies in the industry sub-groups. SLB’s subgroup was rising and it gave me the confidence to hold it. If the industry sub-group started to slip I would have most likely sold it. A falling sub-group indicates last of institutional demand for the stocks in the group. If the mutual funds, pension funds and hedge funds are pulling out then I don’t want to be the last one holding stocks in the group.
We talked about practical information like this for two and a half hours on Thursday the 26th. I truly loved the class. The only issue I had was our webcast. It was terrible. The sound worked and then the sound dropped as soon as I started.
Because of technological shortcomings I’m going to host a fresh webinar on Tuesday July 8th at 7 PM central. I’m going to cover the same topics I covered on the 26th except I’ll have updated charts and a brand new watch-list for you.
If you’d like to attend this webinar please register here – http://noramassetmanagement.com/
I’m a self-admitted stock nerd. Every weekend I produce a video for my fellow stock nerds and market enthusiasts. If you’d like to watch it please click this link – http://noramassetmanagement.com/videos/weekend-video-update-11/
One last note for today… Danny and I announced some really big news on our radio show this weekend. If you missed it please click this link to listen – http://www.thewallstreetshuffle.com/category/podcasts/
I hope this helps you enjoy a fantastic market week!
Best Regards,
Tim
The information presented is for educational and entertainment purposes only. Opinions and information expressed are based upon information considered reliable. However, factors are constantly changing and should not be relied upon. You need to do and verify your own research.
Moreover, no reader or listener should assume that any information or discussion presented serves as personalized investment advice from NorAm Asset Management, Inc. or from any other investment professional, and is not an offer of solicitation for the sale or purchase of any specific securities, investments, or investment strategies. You need to have your own, individual investment advice suitable for your personal situation.
Investments involve risk and unless otherwise stated are not guaranteed.
Tim Reazor
Chief Investment Strategist
NorAm Asset Management
If you’re going to invest and trade these markets you need more than a plan. You need to equip yourself for the psychological warfare your about to wage on yourself.
That’s right… you’re not battling the markets you’re battling your urges, emotions and fears. The market doesn’t know who you are. The market doesn’t care about your family. The market merely exists and you need to learn how to operate within its confines.
Did you sell a leading stock this morning only to watch it recover later on in the trading session? Did you panic and buy puts or worse sell short because the market was surely going to retreat after that horrible Q1 GPD number. Days like Wednesday can destroy your P&L (profit and loss) if you’re not mentally equipped with the proper tools.
You already know that the markets aren’t logical. What you need to know is how to combat this illogical beast to gain a mental edge. Once you’re able to achieve a mental edge you’ll finally start to consistently succeed. You’ll notice more wins and less losing trades. Your loses will also be smaller too.
Gaining a mental edge isn’t easy, but it is achievable. I’m going to show you how to gain this edge during a complementary workshop tonight, Thursday June 26th at 7PM. I’ll teach you the techniques you need to stay sane and find success. If you want to learn how please join me on this evening at 7. I’ll also be teaching you two specific strategies that will help you grow your account.
Seating is limited. If you’d like to attend please click this link to RSVP – http://noramassetmanagement.com/workshop/
Best Regards,
Tim
The information presented is for educational and entertainment purposes only. Opinions and information expressed are based upon information considered reliable. However, factors are constantly changing and should not be relied upon. You need to do and verify your own research.
Moreover, no reader or listener should assume that any information or discussion presented serves as personalized investment advice from NorAm Asset Management, Inc. or from any other investment professional, and is not an offer of solicitation for the sale or purchase of any specific securities, investments, or investment strategies. You need to have your own, individual investment advice suitable for your personal situation.
Investments involve risk and unless otherwise stated are not guaranteed.
Tim Reazor
Chief Investment Strategist
NorAm Asset Management
After the ugly reversal Tuesday in leading stocks and in the indexes everyone wants to know… Is this the big sell-off? Before you dump everything and buy puts let’s talk.
Most of the stocks that I track as well as the SPY & QQQ indexes have breached their 8-day exponential moving averages. This means that a quick trip to their 21-day EMA is most likely in order. A trip to the 21-day isn’t catastrophic for your stocks. As long you didn’t buy extended you should be able to hold through a mild pullback. I expect stocks and indexes to find support at the 21-day and then resume higher.
If the pullback accelerates into a selloff I have a plan. You should have one too! What if what I think about support at the 21-day is wrong? You have to always assume you’re wrong and have a plan.
Most investors that I meet have trouble selling. This is especially true in down markets or markets that are about to decline. It seems crazy on the surface that an investor would have trouble selling a stock that is going down in a down market. As crazy as it sounds we’ve all been there.
How many times have you reasoned, while your stocks are going down, that nothing has changed at the core of the companies you own? You sell yourself on the fact that it’s the market and not your stocks – because they’re the best of the best – you just know that they will come back in time. You watch as a 15% gain becomes a 10%er and then a 10% gain goes flat. You reason that you really didn’t lose anything – you’re flat on the trade. I disagree – you lost 15% because you didn’t harvest your profits.
Before this happens to you – again – write down your selling rules. Write down your plan of action that dictates what you’ll do incase your stocks should falter.
I’ll be conducting a complementary workshop this Thursday June 26th at 7PM that will give you this plan of attack. I’ll teach you how to sell to maximize your gains and minimize your losses. If you want to learn how please join me on Thursday evening at 7. I’ll also be teaching you two specific strategies that will help you grow your account.
Seating is limited. If you’d like to attend please click this link to RSVP – http://noramassetmanagement.com/workshop/
Best Regards,
Tim
The information presented is for educational and entertainment purposes only. Opinions and information expressed are based upon information considered reliable. However, factors are constantly changing and should not be relied upon. You need to do and verify your own research.
Moreover, no reader or listener should assume that any information or discussion presented serves as personalized investment advice from NorAm Asset Management, Inc. or from any other investment professional, and is not an offer of solicitation for the sale or purchase of any specific securities, investments, or investment strategies. You need to have your own, individual investment advice suitable for your personal situation.
Investments involve risk and unless otherwise stated are not guaranteed.
Tim Reazor
Chief Investment Strategist
NorAm Asset Management
I like to buy what I call “seller’s market” stocks. This means that I like to identify stocks that are in high demand. The “sellers market” comes from the real estate field. If you have three homes for sale in your neighborhood and 20 buyers then you’re in a sellers market. This is a dream scenario for all home sellers, but this doesn’t have to be a dream in the stock market.
The theory behind buying stocks that are in high demand is simple… as demand rises so will price. Everyday sellers market stocks appear. You just have to know how to spot them before they make a major price advance. You have to know how to set up the proper screens and train your eyes. The type of stocks that I’m talking about contains a mix of accelerating fundamentals and technicals. These stocks are also at or near their 52-week or all-time highs.
I’ll be conducting a complementary workshop this Thursday June 26th at 7PM that will show you how to identify these stocks. If you want to learn how please join me on Thursday evening at 7. I’ll also be teaching you two specific strategies that will help you grow your account.
Seating is limited. If you’d like to attend please click this link to RSVP – http://noramassetmanagement.com/workshop/
Best Regards,
Tim
The information presented is for educational and entertainment purposes only. Opinions and information expressed are based upon information considered reliable. However, factors are constantly changing and should not be relied upon. You need to do and verify your own research.
Moreover, no reader or listener should assume that any information or discussion presented serves as personalized investment advice from NorAm Asset Management, Inc. or from any other investment professional, and is not an offer of solicitation for the sale or purchase of any specific securities, investments, or investment strategies. You need to have your own, individual investment advice suitable for your personal situation.
Investments involve risk and unless otherwise stated are not guaranteed.
Tim Reazor
Chief Investment Strategist
NorAm Asset Management
I follow something called the put/call ratio very closely. This ratio measures the amount of puts being bought for every call. Generally if the ratio is “high” more puts are being bought. This signifies fear or bearishness in the markets. If the ratio is “low” more calls are being bought and investors are bullish.
The put/call ratio is a contrary indicator. To me this means that the masses are usually wrong. In investing if everyone is thinking in the same manner the exact opposite tends to occur. If everyone is bearish who is left to sell? The same tends to hold true when everyone is bullish.
If the ratio is higher than 1.0 I pay close attention. This means that the masses are bearish and we’re very close to a bottom. If the ratio reaches .05/.06 then the masses are bullish and we’ll most likely pullback.
This is a secondary indicator. Just because the ratio is low doesn’t mean that the market has to pull back. With that said I still pay close attention this number.
At the start of Friday’s trading day the ratio was .06. This means that the masses are bullish. By the end of Friday the ratio was .07.
My studies indicate that when we reach a level of extreme bullishness the markets tend to pull back for about three to five sessions.
To see a detailed explanation of this topic, where I think markets are headed in general and to see my watch-list for this week please watch this video – http://noramassetmanagement.com/videos/weekend-video-update-10/
If you want greater clarity in regards to how to invest / trade, the psychology that is holding you back + detailed information on generating weekly income please listen to this week’s “Your Money” Radio Show – http://www.thewallstreetshuffle.com/category/podcasts/
Break free of fear…
By defining a process for stocks, bonds and commodities while adding the markets direction I can add a level of predictability and consistency to my portfolio growth. You can do this too. If you want to learn how please join me on Thursday June 26th at 7 PM. I’ll be teaching you two specific strategies that will help you grow your account.
Seating is limited. If you’d like to attend please click this link to RSVP – http://noramassetmanagement.com/workshop/
I hope this helps you!
Best Regards,
Tim
The information presented is for educational and entertainment purposes only. Opinions and information expressed are based upon information considered reliable. However, factors are constantly changing and should not be relied upon. You need to do and verify your own research.
Moreover, no reader or listener should assume that any information or discussion presented serves as personalized investment advice from NorAm Asset Management, Inc. or from any other investment professional, and is not an offer of solicitation for the sale or purchase of any specific securities, investments, or investment strategies. You need to have your own, individual investment advice suitable for your personal situation.
Investments involve risk and unless otherwise stated are not guaranteed.
Fear is a reaction. Courage is a decision – Sir Winston Churchill
The reason why you lose money in the markets…
How many newsletters/newspapers do you read in an attempt to gain an edge in the markets? Of all of your sources of information how many of them truly help you make money? Be honest.
I saw a newsletter this morning that absolutely infuriated me. It was well written and slick looking. The subscription peddler opened up with big Greek words and a parable at the beginning so you knew that the author was smart. He then continued to scare you. Telling you why you shouldn’t be in market. He didn’t hit you on the head with a mallet about this… he was subtle in his placing of fear in you. He predicted a big downturn in the market, but offered no specifics to when. He offered no trigger to this soon to come catastrophic event. The only thing he offered in the beginning paragraph was fear. Then he did what all-good charlatans do… he hid behind the work of someone else. He went on to publish several pages of work that was not his own to support his claims. This way if his big prediction comes true he can claim it. If his predation falls flat he can hide behind the research he quoted.
This type of fear-mongering hucksterism infuriates me. It should infuriate you too. These authors of hype don’t respect you as a reader. They want to control you with fear. They don’t want to teach you how to really make money in the markets. They want to sell you grade “B” research that plays on your emotions. All they seem to care about is the fees they collect from you monthly.
When you respect someone you educate him or her. You don’t scare them. Teach them what you know. Call it naiveté, but I trust you’ll want to become my client because of my knowledge and ability to grow your account. You’ll trust in my defined process. I believe in rules based investing. Hunches are for gamblers – successful investing requires discipline and a defined plan.
You can see my approach and documented record by going to http://noramassetmanagement.com/ click on the philosophy tab and articles tab once on the website.
Back to you….
How many of you consume these hype newsletters that I described above? Do you read them because you agree with the author? This is called confirmation bias. You feel empowered because someone who you think is smart and educated agrees with you. This makes you feel good. So what do you do next? You set up trades / investments that are in tune with your confirmed thought process.
So what happens next? You miss the turn higher in the markets. You’re so worried about a crash that you miss the start of the move – debating with anyone who will listen why this won’t last. I’m betting that many of you missed the move higher in March of 2009 based on fear as well.
Take a look at the charts below of the S&P 500 and NASDAQ. We’ve been in an uptrend since the last week of May. Do you have rules that get you back in or do you let fear-peddlers drive your market decision-making?
You need rules that get you into the market and stocks and rules that get you out. When this uptrend ends and it will end I have a defined exit strategy.
There is comfort in rules and safety in discipline.
Where I placed the arrow is where we re-entered the market in the terms of QQQ and SPY. This also marks the time started to prepare our next two growth stock purchases.
You’ll continue to lose money in the market if you continue to subscribe to fear. You’ll always be reactionary. You may get one right once in awhile. I’m betting that once in awhile isn’t good enough for you. What you crave is consistency and predictability.
Break free of fear…
By defining a process for stocks, bonds and commodities while adding the markets direction I can add a level of predictability and consistency to my portfolio growth. You can do this too. If you want to learn how please join me on Thursday June 26th at 7 PM. I’ll be teaching you two specific strategies that will help you grow your account.
Seating is limited. If you’d like to attend please click this link to RSVP – http://noramassetmanagement.com/workshop/
I hope this helps you!
Best Regards,
Tim
The information presented is for educational and entertainment purposes only. Opinions and information expressed are based upon information considered reliable. However, factors are constantly changing and should not be relied upon. You need to do and verify your own research.
Moreover, no reader or listener should assume that any information or discussion presented serves as personalized investment advice from NorAm Asset Management, Inc. or from any other investment professional, and is not an offer of solicitation for the sale or purchase of any specific securities, investments, or investment strategies. You need to have your own, individual investment advice suitable for your personal situation.
Investments involve risk and unless otherwise stated are not guaranteed.
