Further June Gains
In This Issue
The Week on Wall Street
Stocks advanced for a second straight week. The S&P 500 benchmark rose 0.47%; the Nasdaq Composite, 0.70%; the Dow Jones Industrial Average, 0.41%. Overseas shares, as tracked by the MSCI EAFE developed markets index, added 0.20%.[1][2]
The market seemed to put its recent preoccupation with trade issues aside, with attention shifting to this week's Federal Reserve monetary policy meeting. Traders in futures markets now believe the Fed will make a rate cut in July, so its June policy statement will be of great interest.[3]

Oil Prices Rollercoaster
Attacks on vessels in the Strait of Hormuz, the busy oil shipping channel, helped to push the price of West Texas Intermediate crude 2.2% higher Thursday, just a day after a 4% fall. Even so, WTI crude lost 2.7% in five days, closing Friday at $52.51 on the New York Mercantile Exchange.[4]

Investors wondered at mid-week if tensions in the Persian Gulf region would soon impact oil output and transport. Looking beyond the short term, however, the International Energy Agency reduced its 2020 projection for global oil demand.[5]  

Households Bought More in May
Retail sales rose 0.5% last month, according to the Department of Commerce. Across the year ending in May, they advanced 3.2%. The previously announced 0.2% April retreat was revised into a 0.3% gain.[6]

These numbers affirm strong household spending this spring. Consumer spending accounts for roughly two-thirds of the nation's gross domestic product.

What's Ahead
In terms of news, Wednesday offers what may prove to be the biggest economic event of the week: a Federal Reserve policy statement and press conference.

Wednesday: The Federal Reserve concludes a 2-day policy meeting, with Fed chair Jerome Powell addressing the media afterward.
Friday: The National Association of Realtors releases data on May existing home sales.

Source: Econoday / MarketWatch Calendar, June 14, 2019
The Econoday and MarketWatch economic calendars list upcoming U.S. economic data releases (including key economic indicators), Federal Reserve policy meetings, and speaking engagements of Federal Reserve officials. The content is developed from sources believed to be providing accurate information. The forecasts or forward-looking statements are based on assumptions and may not materialize. The forecasts also are subject to revision.

Tuesday: Jabil (JBL)
Wednesday: Kraft Heinz (KHC), Oracle (ORCL)
Thursday: Kroger (KR), Red Hat (RHT), Darden Restaurants (DRI)
Friday: CarMax (KMX)

Source: Zacks.com, June 14, 2019
Companies mentioned are for informational purposes only. It should not be considered a solicitation for the purchase or sale of the securities. Any investment should be consistent with your objectives, time frame and risk tolerance. The return and principal value of investments will fluctuate as market conditions change. When sold, investments may be worth more or less than their original cost. Companies may reschedule when they report earnings without notice.

"The best preparation for tomorrow is doing your best today."

- H. Jackson Brown, Jr.
Veg-Out Salad

Serves 8


  • 1 cup red cabbage, shredded
  • 1 large yellow bell pepper
  • 1 large orange bell pepper
  • 1 large red bell pepper
  • 1 English cucumber
  • 10 oz. yellow/red cherry tomatoes
  • 1 medium carrot
  • 5 green onions
  • ½ cup parsley, chopped
  • 2 Tbsp. fresh dill
  • 4 Tbsp. sunflower oil (you can use olive oil or avocado oil)
  • 2 Tbsp. white wine vinegar (red wine vinegar or balsamic vinegar are good replacements)
  • 1 tsp. Kosher salt, to taste
  • ¼ to ½ tsp. freshly ground black pepper, to taste
  • 2 cloves garlic, pressed

  1. Begin by prepping the vegetables. Shred 1 cup red cabbage, cut the bell peppers, and slice the English cucumber. Cut the vegetables into similar thinness and sizes. Peel and grate 1 medium carrot, halve cherry tomatoes, chop green onions (green part only), and finely chop parsley and dill.
  2. Gently toss the vegetables in a large bowl.
  1. Mix the oil, white wine vinegar, salt, and fresh ground black pepper, then add chopped garlic cloves. 
  2. Whisk the dressing until it comes together then pour over salad (be careful to not overdress).  
  3. Refrigerate the salad for about 2 hours to give it time to absorb the dressing. 
  4. Serve and enjoy.
Recipe adapted from Olga in the Kitchen[7]

Do Something Golf-Related Every Day

Whether it's working on your swing, your chip, or your short game, this 30-day challenge is a great idea for any golfer looking to improve their game.
First, which area of the game do you struggle with the most? Do you miss a lot of midrange putts? Are you uncomfortable with a wedge around the green? Whatever it is, it's time to commit to practicing the weakest part of your game every day at home.
Ten minutes or less doesn't sound like a lot, but you'll be shocked how it adds up over time.
That's not to say you shouldn't try to do a 30- to 40-minute session at the driving range - those are important too. The point here is to reduce the gaps in time between when you are practicing.

Tip adapted from Practical Golf[9]

Independence Day - Offices Closed

Our offices will close at noon on Wednesday, July 3rd,
and will be closed all day Thursday, July 4th
in observance of the Independence Day Holiday.
We will return to normal business hours on
Friday, July 5th, at 8:00am Central.
Have a Blessed & Safe 4th of July
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Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values.
Diversification does not guarantee profit nor is it guaranteed to protect assets.
International investing involves special risks such as currency fluctuation and political instability and may not be suitable for all investors.

The Standard & Poor's 500 (S&P 500) is an unmanaged group of securities considered to be representative of the stock market in general.
The Dow Jones Industrial Average is a price-weighted average of 30 significant stocks traded on the New York Stock Exchange and the NASDAQ. The DJIA was invented by Charles Dow back in 1896.
The Nasdaq Composite is an index of the common stocks and similar securities listed on the NASDAQ stock market and is considered a broad indicator of the performance of stocks of technology companies and growth companies.
The MSCI EAFE Index was created by Morgan Stanley Capital International (MSCI) that serves as a benchmark of the performance in major international equity markets as represented by 21 major MSCI indices from Europe, Australia, and Southeast Asia.

The 10-year Treasury Note represents debt owed by the United States Treasury to the public. Since the U.S. Government is seen as a risk-free borrower, investors use the 10-year Treasury Note as a benchmark for the long-term bond market.
Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance.
Past performance does not guarantee future results.
You cannot invest directly in an index.
Consult your financial professional before making any investment decision.
Fixed income investments are subject to various risks including changes in interest rates, credit quality, inflation risk, market valuations, prepayments, corporate events, tax ramifications and other factors.
These are the views of Platinum Advisor Strategies, LLC, and not necessarily those of the named representative, Broker dealer or Investment Advisor, and should not be construed as investment advice. Neither the named representative nor the named Broker dealer or Investment Advisor gives tax or legal advice. All information is believed to be from reliable sources; however, we make no representation as to its completeness or accuracy. Please consult your financial advisor for further information.
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[1] www.wsj.com/market-data

[2] quotes.wsj.com/index/XX/990300/historical-prices

[3] www.cnbc.com/2019/06/14/stock-market-middle-east-tensions-weigh-china-data-in-focus.html

[4] www.marketwatch.com/story/oil-prices-steady-as-market-keeps-watch-on-strait-of-hormuz-after-tanker-attacks-2019-06-14

[5] www.marketwatch.com/story/oil-prices-steady-as-market-keeps-watch-on-strait-of-hormuz-after-tanker-attacks-2019-06-14

[6] www.cnbc.com/2019/06/14/retail-sales-may-2019.html

[7] www.olgainthekitchen.com/all-veggie-salad/

[8] www.irs.gov/newsroom/dos-and-donts-for-taxpayers-who-get-a-letter-from-the-irs

[9] practical-golf.com/practice-every-day-take-30-day-challenge/

[10] www.sleepfoundation.org/sleep-tools-tips/healthy-sleep-tips

[11] www.greeneatz.com/foods-carbon-footprint.html

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