The Gamestop Short Squeeze- How and Why?

The Gamestop Short Squeeze- How and Why?

Feb 2, 2021

The recent news regarding GameStop, AMC, Blackberry, etc. has many individuals wondering, “What exactly is a Short Squeeze?” This blog post will explain from a high-level view what short selling is, what it means to be squeezed, and the major catalysts and results of the recent major events.

2020 Market Year-End Review

2020 Market Year-End Review

Jan 12, 2021

2020 Year-End Market Review: A Year That Surprised Everyone There is a high probability that you feel a sense of relief with the conclusion of 2020 after the hardships and pain some have endured due to Covid-19. To say 2020 was an eventful year is an understatement....
Understanding Sequence of Returns Risk

Understanding Sequence of Returns Risk

Dec 22, 2020

Here at Summit Financial, we believe the largest risk to a retirement income plan is the Sequence of Returns Risk. In this month’s blog, we will be discussing specifically what this risk is, the affects it can have on retirement, and how we can manage this risk...
Wills vs. Trusts: Estate Planning Essentials to Protect Your Legacy

Wills vs. Trusts: Estate Planning Essentials to Protect Your Legacy

Dec 20, 2020

This month, we will continue our discussion of estate planning techniques. Last time, we reviewed the differences between Per Capita and Per Stirpes designations. Those designations are important, but they are not the only estate planning tool you need to be aware of....
Market Commentary – December 2020

Market Commentary – December 2020

Dec 4, 2020

How the Markets are Performing After the Presidential Election After two months in a row of losses for the S&P 500 and DOW in September and October, election day in November immediately created a nice relief rally that we participated in at TD Ameritrade (Source: ...