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Market & Portfolio Review: 2-3-21

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Taking Advantage of Wall Street Stupidity

After a week of wild and bizarre moves within a narrow group of stocks, investors are trying to make sense of it all figure out the next steps. For those investors with a disciplined and data-driven investment process, the noise of last week was irrelevant and merely provided long term investors a great moment to buy America’s leading innovators on sale and take advantage of Wall Street stupidity, yet again.

In this week’s market update, we will review how the Reddit short cover panic impacted markets, how reliable our indicators were, and potential next steps for investors. We will also provide investors with an update on U.S. vaccine progress, what it means for the economic recovery, and overall portfolio positioning. Lastly, we will wrap up our review by comparing investor fund flow data to asset price performance and what the correlation, or lack thereof, between the two may mean for stock market conditions moving forward.

The information here is presented by licensed professionals and not specific to any individual’s personal circumstances. Investment advisory services offered through LifePro Asset Management, LLC, a registered investment adviser. Investments involve risk and are not guaranteed. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment or investment strategy will be profitable or equal any historical performance. Discussion of any specific stocks are based on objective, non-performance criteria and such discussion neither serves as a recommendation nor as the receipt of, or a substitute for, personalized advice. Due to various factors, including changing market conditions, such discussion of positions and/or recommendations may no longer be reflective of current position(s) and/or recommendation(s). Moreover, no client or prospective client should assume that any such discussion serves as the receipt of, or a substitute for, personalized advice from Advisor, or from any other investment professional. Forward-looking statements such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan,” are based on management’s views and assumptions at the time such statements were originally made and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. LifePro Asset Management does not undertake any obligation to correct or update any forward-looking statements on the LPAM Site.

Robert Reaburn

Robert Reaburn

Robert Reaburn is the Executive Vice President and Head of Wealth Management at LifePro Asset Management. He works with financial advisors building diverse financial portfolios that best empower their clients with a lifetime of financial security.

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