Left Brain Thinking

Are you a high net worth investor looking to stay ahead of the curve in the age of AI? Here's your inside track on how artificial intelligence is transforming enterprise software—and where forward-thinking investors are putting capital to work right now. In this episode, Brian Dress (Director of Research at Left Brain Wealth Management) sits down with our CEO & Chief Investment Officer Noland Langford to share powerful insights from the 2025 SaaStr Conference in San Mateo, California. We dive into:   How AI is reshaping the competitive landscape for software companies   The next wave of tech innovation—and how to invest before Wall Street catches up   Why growth is slowing in some areas and accelerating in others   Standout companies like Rubrik, HubSpot, and ServiceNow—and what they reveal about the future   Our proven process for identifying high-conviction investment opportunities Left Brain Wealth Management works closely with high net worth individuals and families who are serious about growth, innovation, and proactive wealth strategy.   Schedule your complimentary introductory call with us today: https://m.levitate.ai/67de35-5y0b8m?landing=true  Like this content? Don't forget to LIKE, SHARE, and SUBSCRIBE, and click the bell to get notified when new market insights drop.

0:00 Intro 1:20 Should You Make Changes Post-Election? 2:42 Topic 1: Preparing for a New Administration 5:20 Should You Be Looking at Financials? 8:34 Questioning International Investment Exposure 11:03 Where Can We Expect Outperformance and Underperformance in 2025? 14:39 Topic 2: Talking Interest Rates 19:05 What's New for Left Brain in 2025 New year, new us! We are excited to come to you with the first video of 2025 and in a brand new format. Our plan is to bring you videos of a higher production quality, but there will be some hiccups along the way. We beg your pardon for less than stellar audio on our first effort from our brand new studio! We welcome your feedback on the new format, so please leave a comment below! In this week's Jarvis® Update, CEO Noland Langford and Director of Research, Brian Dress, discuss trends and strategies in 2025. We look to address a question we've been hearing often "Should You Make Changes to Your Portfolio with a New Administration on the Way in to the White House?" If you're familiar with the Left Brain philosophy, we seek not to mix our investing with our politics. Noland and Brian look at a few areas of potential outperformance (and underperformance) in a new political environment. We close out the video with a discussion on the interest rate environment, along with what you can expect from Left Brain in 2025! Get on Brian's calendar directly to discuss a plan for Build, Grow, and Preserve Your Wealth using our calendar link Website: https://leftbrainwm.com/ Email Brian at briand@leftbrainwm.com for details on how you might position your portfolio to take advantage of key trends in 2025 and beyond! DISCLAIMER: This report contains views and opinions which, by their very nature, are subject to uncertainty and involve inherent risks. Predictions or forecasts, described or implied, may prove to be wrong and are subject to change without notice. All expressions of opinion included herein are subject to change without notice. Predictions or forecasts described or implied are forward-looking statements based on certain assumptions which may prove to be wrong and/or other events which were not taken into account may occur. Any predictions, forecasts, outlooks, opinions, or assumptions should not be construed to be indicative of the actual events which will occur. Investing involves risk, including the possible loss of principal. The opinions and data in this report have been obtained from sources believed to be reliable; neither Left Brain nor its affiliates warrant the accuracy or completeness of such and accept no liability for any direct or consequential losses arising from its use. In addition, please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients, may have positions in one or more of the securities discussed in this communication. Please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients may take positions or effect transactions contrary to the views expressed in this communication based upon individual or firm circumstances. Any decision to effect transactions in the securities discussed within this communication should be balanced against the potential conflict of interest that Left Brain, its principals, employees, agents, affiliates, and advisory clients has by virtue of its investment in one or more of these securities. Past performance is not indicative of future performance. The price of securities can and will fluctuate, and any individual security may become worthless. A high or favorable rating, rating outlook, gauge, or similar opinion is not indicative of future performance, and no user should rely on any such rating, rating outlook, gauge, or similar opinion to predict performance or potential for return. Future performance may not equal projected or forecasted performance or potential for return. All ratings and related analysis, as well as data, statistics, analysis, and opinions contained herein are solely statements of opinion and are not statements of fact or recommendations to purchase, hold, or sell any security or make any other investment decisions. This report may contain “forward-looking” information that is not purely historical in nature. Such information may include, among other things, projections, and forecasts. There is no guarantee that any forecasts made will materialize. Reliance upon information herein is at the sole discretion of the reader. THE REPORT IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT REPRESENTATION OR WARRANTY OF ANY KIND.

0:00 Intro 0:56 Recapping the Year for the Market's Best Performers 2:28 How to Respond When Your Stocks are Up Significantly 3:59 Topic 1: Debunking "Too High, Too Fast" 13:39 Topic 2: Alternatives if You Can't Stomach Staying Long 16:40 Bonus: Another Income Idea In speaking with clients over the last few weeks, one theme keeps coming up in discussions. Many of their portfolio stocks have made sharp, quick moves higher, prompting two key questions: "Are these stocks too high, too fast? Should I sell?" In this week's Jarvis® Update, CEO Noland Langford and Director of Research, Brian Dress, do their best to debunk the myth of "too high, too fast". We look at 5 stocks early in the video, 4 of which have seen stock prices increase by more than 100% in 2024 alone. Noland looks back on his considerable experience as both an advisor and an investor to share wisdom he's learned over the years in how to deal with such fortuitous circumstance. He urges investors to allow the "magic" of their best growth stocks to play in their favor. The takeaway: stocks that move high often have a great chance to continue their strong performance over the years. We have a keen understanding from working with investors that our optimistic viewpoint doesn't fit with every personality. For those investors, we offer an alternative, diving deeper into our income securities project, which we have been building diligently over the last six months. For those who make it to the end of the video, we cover one of our favorite income securities, which we wrote up this week. If you still have cash building up in checking, savings, CDs, or elsewhere on the sidelines, now is the time to consider finding it a new place to grow. Contact us for some ideas of how you can reallocate those funds more productively. Get on Brian's calendar directly to discuss a plan for Build, Grow, and Preserve Your Wealth at Brian's Levitate Calendar Website: https://leftbrainwm.com/ Email Brian at briand@leftbrainwm.com for details. DISCLAIMER: This report contains views and opinions which, by their very nature, are subject to uncertainty and involve inherent risks. Predictions or forecasts, described or implied, may prove to be wrong and are subject to change without notice. All expressions of opinion included herein are subject to change without notice. Predictions or forecasts described or implied are forward-looking statements based on certain assumptions which may prove to be wrong and/or other events which were not taken into account may occur. Any predictions, forecasts, outlooks, opinions, or assumptions should not be construed to be indicative of the actual events which will occur. Investing involves risk, including the possible loss of principal. The opinions and data in this report have been obtained from sources believed to be reliable; neither Left Brain nor its affiliates warrant the accuracy or completeness of such and accept no liability for any direct or consequential losses arising from its use. In addition, please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients, may have positions in one or more of the securities discussed in this communication. Please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients may take positions or effect transactions contrary to the views expressed in this communication based upon individual or firm circumstances. Any decision to effect transactions in the securities discussed within this communication should be balanced against the potential conflict of interest that Left Brain, its principals, employees, agents, affiliates, and advisory clients has by virtue of its investment in one or more of these securities. Past performance is not indicative of future performance. The price of securities can and will fluctuate, and any individual security may become worthless. A high or favorable rating, rating outlook, gauge, or similar opinion is not indicative of future performance, and no user should rely on any such rating, rating outlook, gauge, or similar opinion to predict performance or potential for return. Future performance may not equal projected or forecasted performance or potential for return. All ratings and related analysis, as well as data, statistics, analysis, and opinions contained herein are solely statements of opinion and are not statements of fact or recommendations to purchase, hold, or sell any security or make any other investment decisions. This report may contain “forward-looking” information that is not purely historical in nature. Such information may include, among other things, projections, and forecasts. There is no guarantee that any forecasts made will materialize. Reliance upon information herein is at the sole discretion of the reader. THE REPORT IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT REPRESENTATION OR WARRANTY OF ANY KIND.

0:00 Intro 0:59 Market Update 3:29 Topic 1: Outlook for New Administration Policy 8:09 Topic 2: Investment Opportunities in the New Administration 11:27 BKLN -- Another Income Security The US Election is past and we have a definitive winner. There are plenty of implications for health policy, foreign policy, and beyond, but today we are focusing on the implications for our listeners and their investments. The 2 main messages we want to stress are (1) Don't Do Anything Rash and (2) Don't Mix Your Politics with Your Investments! In this week's Jarvis® Update, CEO Noland Langford and Director of Research, Brian Dress, cover the changes we expect to see in fiscal policy (taxes and spending), along with the regulatory regime. We expect to see a lighter environment for regulation, along with an administration more favorable to mergers & acquisitions, which is ultimately shareholder friendly. We also touch briefly on what sectors we expect to perform well in the coming Presidential administration. The episode closes out with yet another income security idea, which you need to watch to the end for the reveal. With interest rates on a bit of a rollercoaster in 2024, we have an idea that should perform well in a rising interest rate, due to its investment in floating rate debt. We know some of you were holding money on the sidelines waiting for the outcome of the election. With that uncertainty behind us, it's time to put those funds to work. If you still have cash building up in checking, savings, CDs, or elsewhere, let us know. As interest rates drop, you are taking on more reinvestment risk and we have some ideas of how you can reallocate those funds. Get on Brian's calendar directly to discuss a plan for Build, Grow, and Preserve Your Wealth and put cash to work at Brian's calendar To check out our website, head over to https://leftbrainwm.com/ If you would like more information about our model portfolios, now available for purchase, head to https://leftbrainwm.com/report Email Brian at briand@leftbrainwm.com for details. DISCLAIMER: This report contains views and opinions which, by their very nature, are subject to uncertainty and involve inherent risks. Predictions or forecasts, described or implied, may prove to be wrong and are subject to change without notice. All expressions of opinion included herein are subject to change without notice. Predictions or forecasts described or implied are forward-looking statements based on certain assumptions which may prove to be wrong and/or other events which were not taken into account may occur. Any predictions, forecasts, outlooks, opinions, or assumptions should not be construed to be indicative of the actual events which will occur. Investing involves risk, including the possible loss of principal. The opinions and data in this report have been obtained from sources believed to be reliable; neither Left Brain nor its affiliates warrant the accuracy or completeness of such and accept no liability for any direct or consequential losses arising from its use. In addition, please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients, may have positions in one or more of the securities discussed in this communication. Please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients may take positions or effect transactions contrary to the views expressed in this communication based upon individual or firm circumstances. Any decision to effect transactions in the securities discussed within this communication should be balanced against the potential conflict of interest that Left Brain, its principals, employees, agents, affiliates, and advisory clients has by virtue of its investment in one or more of these securities. Past performance is not indicative of future performance. The price of securities can and will fluctuate, and any individual security may become worthless. A high or favorable rating, rating outlook, gauge, or similar opinion is not indicative of future performance, and no user should rely on any such rating, rating outlook, gauge, or similar opinion to predict performance or potential for return. Future performance may not equal projected or forecasted performance or potential for return. All ratings and related analysis, as well as data, statistics, analysis, and opinions contained herein are solely statements of opinion and are not statements of fact or recommendations to purchase, hold, or sell any security or make any other investment decisions. This report may contain “forward-looking” information that is not purely historical in nature. Such information may include, among other things, projections, and forecasts. There is no guarantee that any forecasts made will materialize. Reliance upon information herein is at the sole discretion of the reader. THE REPORT IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT REPRESENTATION OR WARRANTY OF ANY KIND.

0:00 Intro 0:53 A Look Back at the Year to Date 3:52 Topic 1: Investing Around the US Election 7:49 Topic 2: Earnings Season in Full Swing 13:01 Topic 3: BONUS -- Income Securities We know there are jitters among investors as we move swiftly toward the US Presidential #election. Volatility has kicked up over the last 6 weeks, especially as regards #interestrates. In this week's Jarvis® Update, CEO Noland Langford and Director of Research, Brian Dress, cover our thoughts on the election. You won't hear us pontificating on matters political, but we do share historical data suggesting that the ultimate result of the election is unlikely to make a substantial difference in long-term return expectations. We also give you our view into the 3rd quarter #earningseason as it continues to unfold. We heard very constructive reports from major tech companies in Netflix (NFLX), ServiceNow (NOW), and Tesla (TSLA). We share thoughts on a few other names, including United Parcel Service (UPS) and a couple blasts from the past in General Electric (GE) and International Business Machines (IBM). The episode closes out with a bonus Topic 3. As interest rates have drifted lower in 2024, we have been on the hunt for new avenues for income. This has led us to closed-end funds and Brian shares one of our favorites. If you still have cash building up in checking, savings, CDs, or elsewhere, let us know. As interest rates drop, you are taking on more reinvestment risk and we have some ideas of how you can reallocate those funds. Get on Brian's calendar directly to discuss a plan for Build, Grow, and Preserve Your Wealth at https://m.levitate.ai/67de35-5y0b8m?landing=true Be sure to check out Noland's Notes, our yearly piece looking back on 2023 and with our expectations for 2024: https://leftbrainwm.com/notes To check out our website, head over to https://leftbrainwm.com/ If you would like more information about our model portfolios head to https://leftbrainwm.com/report. Email Brian at briand@leftbrainwm.com for details. DISCLAIMER: This report contains views and opinions which, by their very nature, are subject to uncertainty and involve inherent risks. Predictions or forecasts, described or implied, may prove to be wrong and are subject to change without notice. All expressions of opinion included herein are subject to change without notice. Predictions or forecasts described or implied are forward-looking statements based on certain assumptions which may prove to be wrong and/or other events which were not taken into account may occur. Any predictions, forecasts, outlooks, opinions, or assumptions should not be construed to be indicative of the actual events which will occur. Investing involves risk, including the possible loss of principal. The opinions and data in this report have been obtained from sources believed to be reliable; neither Left Brain nor its affiliates warrant the accuracy or completeness of such and accept no liability for any direct or consequential losses arising from its use. In addition, please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients, may have positions in one or more of the securities discussed in this communication. Please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients may take positions or effect transactions contrary to the views expressed in this communication based upon individual or firm circumstances. Any decision to effect transactions in the securities discussed within this communication should be balanced against the potential conflict of interest that Left Brain, its principals, employees, agents, affiliates, and advisory clients has by virtue of its investment in one or more of these securities. Past performance is not indicative of future performance. The price of securities can and will fluctuate, and any individual security may become worthless. A high or favorable rating, rating outlook, gauge, or similar opinion is not indicative of future performance, and no user should rely on any such rating, rating outlook, gauge, or similar opinion to predict performance or potential for return. Future performance may not equal projected or forecasted performance or potential for return. All ratings and related analysis, as well as data, statistics, analysis, and opinions contained herein are solely statements of opinion and are not statements of fact or recommendations to purchase, hold, or sell any security or make any other investment decisions. This report may contain “forward-looking” information that is not purely historical in nature. Such information may include, among other things, projections, and forecasts. There is no guarantee that any forecasts made will materialize. Reliance upon information herein is at the sole discretion of the reader. THE REPORT IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT REPRESENTATION OR WARRANTY OF ANY KIND.

0:00 Intro 0:54 Preview 2:11 Topic 1: Deferred Compensation 8:06 Topic 2: After-Tax Contribution to Retirement Plans 12:45 Topic 3: Net Unrealized Appreciation (NUA) So you're an executive at work with an excellent benefit plan. Have you sat down with a professional to make sure you are taking full advantage of every aspect of your plan? This edition of Fundamentals of Investing is the second installment of our "Employee Benefits" series. Working with corporate executives is one of our specialties at Left Brain and there are a lot of aspects to it that you may not have considered. In episode 2, we cover the pieces of your employee benefits package beyond your equity comp. CEO Noland Langford lays out his views of how to build wealth using these three workplace benefits: (1) Deferred Compensation (2) After-Tax Contribution to Retirement Plans (3) Net Unrealized Appreciation (NUA) Each carries its own intricacies and your HR department is unlikely to be able to give you advice on how best to manage these benefits. In the latest Fundamentals of Investing series, CEO Noland Langford gives you a crash course on how these benefit plans work and some of the techniques he has used for clients over the years. Helping clients manage these crucial investment decisions has been a specialty of Left Brain since the firm's founding in 2014. We want to stress that going it alone in managing your employee benefits package could cost you a significant amount of money in the long run, both in taxes and in investment losses. If you are looking for guidance, we would urge you to contact Brian Dress using the information below to set up an initial consultation. Get on Brian's calendar directly to discuss a plan for Build, Grow, and Preserve Your Wealth and maximize your employee benefits at Our Calendar You can call Brian Dress at (630) 547-3316 or email at briand@leftbrainwm.com To check out our website, head over to https://leftbrainwm.com/ DISCLAIMER: This report contains views and opinions which, by their very nature, are subject to uncertainty and involve inherent risks. Predictions or forecasts, described or implied, may prove to be wrong and are subject to change without notice. All expressions of opinion included herein are subject to change without notice. Predictions or forecasts described or implied are forward-looking statements based on certain assumptions which may prove to be wrong and/or other events which were not taken into account may occur. Any predictions, forecasts, outlooks, opinions, or assumptions should not be construed to be indicative of the actual events which will occur. Investing involves risk, including the possible loss of principal. The opinions and data in this report have been obtained from sources believed to be reliable; neither Left Brain nor its affiliates warrant the accuracy or completeness of such and accept no liability for any direct or consequential losses arising from its use. In addition, please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients, may have positions in one or more of the securities discussed in this communication. Please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients may take positions or effect transactions contrary to the views expressed in this communication based upon individual or firm circumstances. Any decision to effect transactions in the securities discussed within this communication should be balanced against the potential conflict of interest that Left Brain, its principals, employees, agents, affiliates, and advisory clients has by virtue of its investment in one or more of these securities. Past performance is not indicative of future performance. The price of securities can and will fluctuate, and any individual security may become worthless. A high or favorable rating, rating outlook, gauge, or similar opinion is not indicative of future performance, and no user should rely on any such rating, rating outlook, gauge, or similar opinion to predict performance or potential for return. Future performance may not equal projected or forecasted performance or potential for return. All ratings and related analysis, as well as data, statistics, analysis, and opinions contained herein are solely statements of opinion and are not statements of fact or recommendations to purchase, hold, or sell any security or make any other investment decisions. This report may contain “forward-looking” information that is not purely historical in nature. Such information may include, among other things, projections, and forecasts. There is no guarantee that any forecasts made will materialize. Reliance upon information herein is at the sole discretion of the reader. THE REPORT IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT REPRESENTATION OR WARRANTY OF ANY KIND.

0:00 Intro 1:04 Importance of Optimizing Your Stock Compensation 1:52 Topic 1: Employee Stock Purchase Plans (ESPPs) 7:35 Topic 2: Restricted Stock Units (RSUs) 11:06 Topic 3: Stock Options Does your benefits plan at work include equity (stock) compensation? If so, there are a lot of nuances and techniques about how best to take advantage of these plans, which can have a large impact on your ability to grow your family's wealth. There are three main forms of employee stock compensation: (1) Employee Stock Purchase Plans (ESPPs) |(2) Restricted Stock Units (RSUs) (3) Stock Options Each carries its own intricacies and your HR department is unlikely to be able to give you advice on how best to manage these benefits. In the latest Fundamentals of Investing series, CEO Noland Langford gives you a crash course on how these benefit plans work and some of the techniques he has used for clients over the years. Helping clients manage these crucial investment decisions has been a specialty of Left Brain since the firm's founding in 2014. We want to stress that going it alone in managing your stock compensation package could cost you a significant amount of money in the long run, both in taxes and in investment losses. If you are looking for guidance, we would urge you to contact Brian Dress using the information below to set up an initial consultation. Get on Brian's calendar directly to discuss a plan for Building, Growing, and Preserving Your Wealth as you make the most of your employee benefit package. You can call Brian Dress at (630) 547-3316 or email at briand@leftbrainwm.com To check out our website, head over to https://leftbrainwm.com/ DISCLAIMER: This report contains views and opinions which, by their very nature, are subject to uncertainty and involve inherent risks. Predictions or forecasts, described or implied, may prove to be wrong and are subject to change without notice. All expressions of opinion included herein are subject to change without notice. Predictions or forecasts described or implied are forward-looking statements based on certain assumptions which may prove to be wrong and/or other events which were not taken into account may occur. Any predictions, forecasts, outlooks, opinions, or assumptions should not be construed to be indicative of the actual events which will occur. Investing involves risk, including the possible loss of principal. The opinions and data in this report have been obtained from sources believed to be reliable; neither Left Brain nor its affiliates warrant the accuracy or completeness of such and accept no liability for any direct or consequential losses arising from its use. In addition, please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients, may have positions in one or more of the securities discussed in this communication. Please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients may take positions or effect transactions contrary to the views expressed in this communication based upon individual or firm circumstances. Any decision to effect transactions in the securities discussed within this communication should be balanced against the potential conflict of interest that Left Brain, its principals, employees, agents, affiliates, and advisory clients has by virtue of its investment in one or more of these securities. Past performance is not indicative of future performance. The price of securities can and will fluctuate, and any individual security may become worthless. A high or favorable rating, rating outlook, gauge, or similar opinion is not indicative of future performance, and no user should rely on any such rating, rating outlook, gauge, or similar opinion to predict performance or potential for return. Future performance may not equal projected or forecasted performance or potential for return. All ratings and related analysis, as well as data, statistics, analysis, and opinions contained herein are solely statements of opinion and are not statements of fact or recommendations to purchase, hold, or sell any security or make any other investment decisions. This report may contain “forward-looking” information that is not purely historical in nature. Such information may include, among other things, projections, and forecasts. There is no guarantee that any forecasts made will materialize. Reliance upon information herein is at the sole discretion of the reader. THE REPORT IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT REPRESENTATION OR WARRANTY OF ANY KIND.

0:00 Intro 1:02 Why Noland is at SaaStr this year 1:40 Topic 1: Recapping 2024 SaaStr 5:24 Topic 2: Trends and Takeaways from SaaStr Software companies and, consequently, software stocks, have been on a rollercoaster ride over the last three years. Rising interest rates and the emergence of AI are just two of the many challenges facing the software industry. In this week's Jarvis® Update, we take a slightly different direction than in our normal videos. CEO Noland Langford joins Director of Research, Brian Dress, live from the 2024 SaaStr Conference in San Mateo, CA. SaaStr is a huge gathering of both leading and emerging software-as-a-service (SaaS) companies from all over the world. Noland is clear that he is attending the conference to look for new investment opportunities for Left Brain clients. Growth is central to the Left Brain strategy and finding new avenues to deliver growth is always a high priority for us. Noland shares some of the companies that surprised and impressed him most in face-to-face meetings. He also covers themes that seem to be universal in the software business today. We close out the episode with a lengthy discussion of how AI is impacting the software business, for better or worse. Topic 1: Recapping the SaaStr Conference Topic 2: Trends and Takeaways from SaaStr We happen to think growth is important for investors in all phases of life. To hear how we are incorporating what we've learned at SaaStr for our clients, get in touch with us using the contact info below. Get on Brian's calendar directly to discuss a plan for Build, Grow, and Preserve Your Wealth and to find longer-term rates of return on your cash, along with avenues of growth here. To check out our website, head over to https://leftbrainwm.com/ If you would like more information about our model portfolios head to https://leftbrainwm.com/report. Email Brian at briand@leftbrainwm.com for details. DISCLAIMER: This report contains views and opinions which, by their very nature, are subject to uncertainty and involve inherent risks. Predictions or forecasts, described or implied, may prove to be wrong and are subject to change without notice. All expressions of opinion included herein are subject to change without notice. Predictions or forecasts described or implied are forward-looking statements based on certain assumptions which may prove to be wrong and/or other events which were not taken into account may occur. Any predictions, forecasts, outlooks, opinions, or assumptions should not be construed to be indicative of the actual events which will occur. Investing involves risk, including the possible loss of principal. The opinions and data in this report have been obtained from sources believed to be reliable; neither Left Brain nor its affiliates warrant the accuracy or completeness of such and accept no liability for any direct or consequential losses arising from its use. In addition, please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients, may have positions in one or more of the securities discussed in this communication. Please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients may take positions or effect transactions contrary to the views expressed in this communication based upon individual or firm circumstances. Any decision to effect transactions in the securities discussed within this communication should be balanced against the potential conflict of interest that Left Brain, its principals, employees, agents, affiliates, and advisory clients has by virtue of its investment in one or more of these securities. Past performance is not indicative of future performance. The price of securities can and will fluctuate, and any individual security may become worthless. A high or favorable rating, rating outlook, gauge, or similar opinion is not indicative of future performance, and no user should rely on any such rating, rating outlook, gauge, or similar opinion to predict performance or potential for return. Future performance may not equal projected or forecasted performance or potential for return. All ratings and related analysis, as well as data, statistics, analysis, and opinions contained herein are solely statements of opinion and are not statements of fact or recommendations to purchase, hold, or sell any security or make any other investment decisions. This report may contain “forward-looking” information that is not purely historical in nature. Such information may include, among other things, projections, and forecasts. There is no guarantee that any forecasts made will materialize. Reliance upon information herein is at the sole discretion of the reader. THE REPORT IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT REPRESENTATION OR WARRANTY OF ANY KIND.

0:00 Intro 0:49 Market Recap 1:59 Topic 1: 2nd Quarter Earnings Review 8:36 Topic 2: Is This a Market in Transition? With 2nd quarter earnings moving toward a close, we are taking inventory of trends developing in the overall markets. Where information technology and communications services were the sectors dominating in the first half of 2024, we are starting to see some new trends developing, as interest rates begin to crest and move lower. In this week's Jarvis® Update, CEO Noland Langford and Director of Research, Brian Dress, discuss some of the most market-moving earnings over the past week, including from major players like Nvidia (NVDA), Salesforce.com (CRM), and CrowdStrike (CRWD). We also note the change in market leadership that has occurred over the past 3 months, as the move in interest rates has been to the benefit of highly interest rate sensitive sectors of the market like real estate and utilities. Topic 1: 2nd Quarter Earnings Review Topic 2: Is this a Market in Transition? If you have cash building up in checking, savings, CDs, or elsewhere, let us know. We have been working on a new strategy to generate return on cash you have on the sidelines. Don't hesitate to reach out using the contact info below! Get on Brian's calendar directly to discuss a plan for Build, Grow, and Preserve Your Wealth at https://m.levitate.ai/67de35-5y0b8m?landing=true Be sure to check out Noland's Notes, our yearly piece looking back on 2023 and with our expectations for 2024: https://leftbrainwm.com/notes To check out our website, head over to https://leftbrainwm.com/ If you would like more information about our model portfolios head to https://leftbrainwm.com/report. Email Brian at briand@leftbrainwm.com for details. DISCLAIMER: This report contains views and opinions which, by their very nature, are subject to uncertainty and involve inherent risks. Predictions or forecasts, described or implied, may prove to be wrong and are subject to change without notice. All expressions of opinion included herein are subject to change without notice. Predictions or forecasts described or implied are forward-looking statements based on certain assumptions which may prove to be wrong and/or other events which were not taken into account may occur. Any predictions, forecasts, outlooks, opinions, or assumptions should not be construed to be indicative of the actual events which will occur. Investing involves risk, including the possible loss of principal. The opinions and data in this report have been obtained from sources believed to be reliable; neither Left Brain nor its affiliates warrant the accuracy or completeness of such and accept no liability for any direct or consequential losses arising from its use. In addition, please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients, may have positions in one or more of the securities discussed in this communication. Please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients may take positions or effect transactions contrary to the views expressed in this communication based upon individual or firm circumstances. Any decision to effect transactions in the securities discussed within this communication should be balanced against the potential conflict of interest that Left Brain, its principals, employees, agents, affiliates, and advisory clients has by virtue of its investment in one or more of these securities. Past performance is not indicative of future performance. The price of securities can and will fluctuate, and any individual security may become worthless. A high or favorable rating, rating outlook, gauge, or similar opinion is not indicative of future performance, and no user should rely on any such rating, rating outlook, gauge, or similar opinion to predict performance or potential for return. Future performance may not equal projected or forecasted performance or potential for return. All ratings and related analysis, as well as data, statistics, analysis, and opinions contained herein are solely statements of opinion and are not statements of fact or recommendations to purchase, hold, or sell any security or make any other investment decisions. This report may contain “forward-looking” information that is not purely historical in nature. Such information may include, among other things, projections, and forecasts. There is no guarantee that any forecasts made will materialize. Reliance upon information herein is at the sole discretion of the reader. THE REPORT IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT REPRESENTATION OR WARRANTY OF ANY KIND.

0:00 Intro 0:45 Market Recap 2:23 Topic 1: Market Rally is Broadening 7:52 Topic 2: Previewing 2nd Quarter Earnings As summer rolls on, we are coming into the most important time in the investment calendar: Earnings Season In this week's Jarvis® Update, CEO Noland Langford and Director of Research, Brian Dress, cover the change in the markets since the latest Federal Reserve meeting. We have seen two specific sectors of the market gain steam since Chairman Powell signaled that the first rate cut could be coming soon. We also take a quick look at the earnings from financial companies that have already come in. Noland shares some of the themes he will be watching over the coming few weeks, as earnings start to trickle in from the tech sector. Finally, we speak about the phenomenon over the last couple years that we have seen play out before and during earnings season. Topic 1: Market Rally Broadening Topic 2: Previewing 2nd Quarter Earnings If you have cash building up in checking, savings, CDs, or elsewhere, let us know. We have been working on a new strategy to generate return on cash you have on the sidelines. Don't hesitate to reach out using the contact info below! Get on Brian's calendar directly to discuss a plan for Build, Grow, and Preserve Your Wealth at https://m.levitate.ai/67de35-5y0b8m?landing=true Be sure to check out Noland's Notes, our yearly piece looking back on 2023 and with our expectations for 2024: https://leftbrainwm.com/notes To check out our website, head over to https://leftbrainwm.com/ If you would like more information about our model portfolios head to https://leftbrainwm.com/report. Email Brian at briand@leftbrainwm.com for details. DISCLAIMER: This report contains views and opinions which, by their very nature, are subject to uncertainty and involve inherent risks. Predictions or forecasts, described or implied, may prove to be wrong and are subject to change without notice. All expressions of opinion included herein are subject to change without notice. Predictions or forecasts described or implied are forward-looking statements based on certain assumptions which may prove to be wrong and/or other events which were not taken into account may occur. Any predictions, forecasts, outlooks, opinions, or assumptions should not be construed to be indicative of the actual events which will occur. Investing involves risk, including the possible loss of principal. The opinions and data in this report have been obtained from sources believed to be reliable; neither Left Brain nor its affiliates warrant the accuracy or completeness of such and accept no liability for any direct or consequential losses arising from its use. In addition, please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients, may have positions in one or more of the securities discussed in this communication. Please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients may take positions or effect transactions contrary to the views expressed in this communication based upon individual or firm circumstances. Any decision to effect transactions in the securities discussed within this communication should be balanced against the potential conflict of interest that Left Brain, its principals, employees, agents, affiliates, and advisory clients has by virtue of its investment in one or more of these securities. Past performance is not indicative of future performance. The price of securities can and will fluctuate, and any individual security may become worthless. A high or favorable rating, rating outlook, gauge, or similar opinion is not indicative of future performance, and no user should rely on any such rating, rating outlook, gauge, or similar opinion to predict performance or potential for return. Future performance may not equal projected or forecasted performance or potential for return. All ratings and related analysis, as well as data, statistics, analysis, and opinions contained herein are solely statements of opinion and are not statements of fact or recommendations to purchase, hold, or sell any security or make any other investment decisions. This report may contain “forward-looking” information that is not purely historical in nature. Such information may include, among other things, projections, and forecasts. There is no guarantee that any forecasts made will materialize. Reliance upon information herein is at the sole discretion of the reader. THE REPORT IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT REPRESENTATION OR WARRANTY OF ANY KIND.

0:00 Intro 1:54 Topic 1: Common Scams 5:38 Topic 2: Ways to Secure Your Money (and Data) 10:32 Topic 3: Ways Left Brain is Protecting You 15:57 Key Takeaways Have you or anyone you know been caught up in financial online scams? It's much more common than you may think! Securing money, data, and our clients' digital footprints has become one of the biggest priorities for Left Brain in the age of technology and artificial intelligence. Every day, the threat is becoming more sophisticated and more than a few clients of ours have been targeted over the past few years. Having your financial life compromised can cost you hundreds of thousands of dollars, so you can't afford not to take precautions in this area! In the latest Fundamentals of Investing series, we give you an accounting of the most common scams we have seen in our interactions with clients and through our extensive research on the subject. CEO Noland Langford gives some simple tips and techniques for securing your money and also, your data, which is gold in the digital age. There are a few small changes you can make to your routine that can pay huge dividends in the long run, ensuring that you don't fall prey to any of the latest scams. Finally, Noland and Director of Research, Brian Dress, discuss some of the concrete steps we are making as a firm at Left Brain designed to help protect your money and your data and keep you safe in world full of "bad guys" trying to separate you from your wealth. Get on Brian's calendar directly to discuss a plan for Build, Grow, and Preserve Your Wealth and protect your money and data at https://m.levitate.ai/67de35-5y0b8m?landing=true To check out our website, head over to https://leftbrainwm.com/ Email Brian at briand@leftbrainwm.com to discuss whether you have a sufficient plan for safeguarding your wealth, both from the "bad guys" and from gyrations in the market. DISCLAIMER: This report contains views and opinions which, by their very nature, are subject to uncertainty and involve inherent risks. Predictions or forecasts, described or implied, may prove to be wrong and are subject to change without notice. All expressions of opinion included herein are subject to change without notice. Predictions or forecasts described or implied are forward-looking statements based on certain assumptions which may prove to be wrong and/or other events which were not taken into account may occur. Any predictions, forecasts, outlooks, opinions, or assumptions should not be construed to be indicative of the actual events which will occur. Investing involves risk, including the possible loss of principal. The opinions and data in this report have been obtained from sources believed to be reliable; neither Left Brain nor its affiliates warrant the accuracy or completeness of such and accept no liability for any direct or consequential losses arising from its use. In addition, please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients, may have positions in one or more of the securities discussed in this communication. Please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients may take positions or effect transactions contrary to the views expressed in this communication based upon individual or firm circumstances. Any decision to effect transactions in the securities discussed within this communication should be balanced against the potential conflict of interest that Left Brain, its principals, employees, agents, affiliates, and advisory clients has by virtue of its investment in one or more of these securities. Past performance is not indicative of future performance. The price of securities can and will fluctuate, and any individual security may become worthless. A high or favorable rating, rating outlook, gauge, or similar opinion is not indicative of future performance, and no user should rely on any such rating, rating outlook, gauge, or similar opinion to predict performance or potential for return. Future performance may not equal projected or forecasted performance or potential for return. All ratings and related analysis, as well as data, statistics, analysis, and opinions contained herein are solely statements of opinion and are not statements of fact or recommendations to purchase, hold, or sell any security or make any other investment decisions. This report may contain “forward-looking” information that is not purely historical in nature. Such information may include, among other things, projections, and forecasts. There is no guarantee that any forecasts made will materialize. Reliance upon information herein is at the sole discretion of the reader. THE REPORT IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT REPRESENTATION OR WARRANTY OF ANY KIND.

0:00 Intro 1:02 Market Recap 2:23 Topic 1: Bull is Roaring, But the Rally is Narrowing 8:04 Topic 2: Interest Rates, Inflation, and the Consumer As summer begins, we are back with you with a market update video for the first time in the last six weeks. In this week's Jarvis® Update, CEO Noland Langford and Director of Research, Brian Dress, discuss the current state of things and developments since we last released a video. There is an awful lot to discuss this week. Since markets bottomed in mid-April, the S&P 500 is up roughly 10%, while the tech-heavy NASDAQ is up 15%. But not everything is participating -- weakness in small caps, value, industrials, energy, materials, and software mean that despite an overall bull market, the rally appears to be narrowing. In Topic 2 we discuss everyone's favorite topic we've been hoping to jettison for years now -- interest rates and inflation. We also chat about the fact that the consumer is feeling the squeeze from high inflation. Topic 1: Bull Roaring, Rally Narrowing Topic 2: Interest Rates, Inflation, Consumers If you would like to learn more about our how to take advantage of the current bull market, don't hesitate to reach out using the contact info below! Get on Brian's calendar directly to discuss a plan for Build, Grow, and Preserve Your Wealth at https://m.levitate.ai/67de35-5y0b8m/60-minute-meeting Be sure to check out Noland's Notes, our yearly piece looking back on 2023 and with our expectations for 2024: https://leftbrainwm.com/notes To check out our website, head over to https://leftbrainwm.com/ If you would like more information about our model portfolios head to https://leftbrainwm.com/report. Email Brian at briand@leftbrainwm.com for details. DISCLAIMER: This report contains views and opinions which, by their very nature, are subject to uncertainty and involve inherent risks. Predictions or forecasts, described or implied, may prove to be wrong and are subject to change without notice. All expressions of opinion included herein are subject to change without notice. Predictions or forecasts described or implied are forward-looking statements based on certain assumptions which may prove to be wrong and/or other events which were not taken into account may occur. Any predictions, forecasts, outlooks, opinions, or assumptions should not be construed to be indicative of the actual events which will occur. Investing involves risk, including the possible loss of principal. The opinions and data in this report have been obtained from sources believed to be reliable; neither Left Brain nor its affiliates warrant the accuracy or completeness of such and accept no liability for any direct or consequential losses arising from its use. In addition, please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients, may have positions in one or more of the securities discussed in this communication. Please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients may take positions or effect transactions contrary to the views expressed in this communication based upon individual or firm circumstances. Any decision to effect transactions in the securities discussed within this communication should be balanced against the potential conflict of interest that Left Brain, its principals, employees, agents, affiliates, and advisory clients has by virtue of its investment in one or more of these securities. Past performance is not indicative of future performance. The price of securities can and will fluctuate, and any individual security may become worthless. A high or favorable rating, rating outlook, gauge, or similar opinion is not indicative of future performance, and no user should rely on any such rating, rating outlook, gauge, or similar opinion to predict performance or potential for return. Future performance may not equal projected or forecasted performance or potential for return. All ratings and related analysis, as well as data, statistics, analysis, and opinions contained herein are solely statements of opinion and are not statements of fact or recommendations to purchase, hold, or sell any security or make any other investment decisions. This report may contain “forward-looking” information that is not purely historical in nature. Such information may include, among other things, projections, and forecasts. There is no guarantee that any forecasts made will materialize. Reliance upon information herein is at the sole discretion of the reader. THE REPORT IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT REPRESENTATION OR WARRANTY OF ANY KIND.

0:06 Is Real Estate Really "Passive"? 2:20 What About Vacancy? 3:39 More Hidden Costs 5:53 Four Passive Investment Alternatives to Real Estate Should you invest in real estate? As advisors, this is one of the most frequently asked questions we hear from clients and other investors. Most important when answering this question is really understanding your goals: are you looking for cash flow? price appreciation? are you in it to own a business? Without answering this fundamental question, it's hard to develop an investment strategy that makes sense. In the latest Fundamentals of Investing series, we give our analysis of real estate as an investment. In Part 2 of the series, CEO Noland Langford talks more about the hidden costs of real estate investing. We ask the question "Is Real Estate Investing Really 'Passive'?" and talk about the perils around vacancy. Finally, Director of Research, Brian Dress, leads a discussion of 4 alternative investments to real estate that are truly passive -- that is, offer similar or better returns to real estate, without the headaches that come along with the property management business. Get on Brian's calendar directly to discuss a plan for Build, Grow, and Preserve Your Wealth at https://m.levitate.ai/67de35-5y0b8m?landing=true To check out our website, head over to https://leftbrainwm.com/ Email Brian at briand@leftbrainwm.com to discuss whether real estate investing or a more markets-based strategy would be a better fit for your goals. DISCLAIMER: This report contains views and opinions which, by their very nature, are subject to uncertainty and involve inherent risks. Predictions or forecasts, described or implied, may prove to be wrong and are subject to change without notice. All expressions of opinion included herein are subject to change without notice. Predictions or forecasts described or implied are forward-looking statements based on certain assumptions which may prove to be wrong and/or other events which were not taken into account may occur. Any predictions, forecasts, outlooks, opinions, or assumptions should not be construed to be indicative of the actual events which will occur. Investing involves risk, including the possible loss of principal. The opinions and data in this report have been obtained from sources believed to be reliable; neither Left Brain nor its affiliates warrant the accuracy or completeness of such and accept no liability for any direct or consequential losses arising from its use. In addition, please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients, may have positions in one or more of the securities discussed in this communication. Please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients may take positions or effect transactions contrary to the views expressed in this communication based upon individual or firm circumstances. Any decision to effect transactions in the securities discussed within this communication should be balanced against the potential conflict of interest that Left Brain, its principals, employees, agents, affiliates, and advisory clients has by virtue of its investment in one or more of these securities. Past performance is not indicative of future performance. The price of securities can and will fluctuate, and any individual security may become worthless. A high or favorable rating, rating outlook, gauge, or similar opinion is not indicative of future performance, and no user should rely on any such rating, rating outlook, gauge, or similar opinion to predict performance or potential for return. Future performance may not equal projected or forecasted performance or potential for return. All ratings and related analysis, as well as data, statistics, analysis, and opinions contained herein are solely statements of opinion and are not statements of fact or recommendations to purchase, hold, or sell any security or make any other investment decisions. This report may contain “forward-looking” information that is not purely historical in nature. Such information may include, among other things, projections, and forecasts. There is no guarantee that any forecasts made will materialize. Reliance upon information herein is at the sole discretion of the reader. THE REPORT IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT REPRESENTATION OR WARRANTY OF ANY KIND.

0:00 Intro 2:24 What Are Your Goals? 5:10 Hidden Costs of Rental Ownership 6:55 Pros of Real Estate Investing 8:00 Cons of Real Estate Investing Should you invest in real estate? As advisors, this is one of the most frequently asked questions we hear from clients and other investors. Most important when answering this question is really understanding your goals: are you looking for cash flow? price appreciation? are you in it to own a business? Without answering this fundamental question, it's hard to develop an investment strategy that makes sense. In the latest Fundamentals of Investing series, we give our analysis of real estate as an investment. In Part 1 of the series, CEO Noland Langford covers some of the hidden costs of real estate investing and goes through his list of pros and cons of purchasing rental properties. Director of Research, Brian Dress, shares our cash flow analysis of the true cash returns of owning rental units. Please tune in next week to Part 2 of the series. Noland will speak more about the challenges of executing a rental portfolio strategy, while offering some alternative asset classes that may provide similar or better returns without the headaches around the rental business. Get on Brian's calendar directly to discuss a plan for Build, Grow, and Preserve Your Wealth at https://m.levitate.ai/67de35-5y0b8m/60-minute-meeting To check out our website, head over to https://leftbrainwm.com/ Email Brian at briand@leftbrainwm.com to discuss whether real estate investing or a more markets-based strategy would be a better fit for your goals. DISCLAIMER: This report contains views and opinions which, by their very nature, are subject to uncertainty and involve inherent risks. Predictions or forecasts, described or implied, may prove to be wrong and are subject to change without notice. All expressions of opinion included herein are subject to change without notice. Predictions or forecasts described or implied are forward-looking statements based on certain assumptions which may prove to be wrong and/or other events which were not taken into account may occur. Any predictions, forecasts, outlooks, opinions, or assumptions should not be construed to be indicative of the actual events which will occur. Investing involves risk, including the possible loss of principal. The opinions and data in this report have been obtained from sources believed to be reliable; neither Left Brain nor its affiliates warrant the accuracy or completeness of such and accept no liability for any direct or consequential losses arising from its use. In addition, please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients, may have positions in one or more of the securities discussed in this communication. Please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients may take positions or effect transactions contrary to the views expressed in this communication based upon individual or firm circumstances. Any decision to effect transactions in the securities discussed within this communication should be balanced against the potential conflict of interest that Left Brain, its principals, employees, agents, affiliates, and advisory clients has by virtue of its investment in one or more of these securities. Past performance is not indicative of future performance. The price of securities can and will fluctuate, and any individual security may become worthless. A high or favorable rating, rating outlook, gauge, or similar opinion is not indicative of future performance, and no user should rely on any such rating, rating outlook, gauge, or similar opinion to predict performance or potential for return. Future performance may not equal projected or forecasted performance or potential for return. All ratings and related analysis, as well as data, statistics, analysis, and opinions contained herein are solely statements of opinion and are not statements of fact or recommendations to purchase, hold, or sell any security or make any other investment decisions. This report may contain “forward-looking” information that is not purely historical in nature. Such information may include, among other things, projections, and forecasts. There is no guarantee that any forecasts made will materialize. Reliance upon information herein is at the sole discretion of the reader. THE REPORT IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT REPRESENTATION OR WARRANTY OF ANY KIND.

0:00 Intro 1:34 Market Recap 2:56 Topic 1: Earnings Review -- Things Have Been Changing 6:22 Topic 2: Practical Ways to Respond to the Market Correction We are smack dab in the middle of the earnings season. Results so far have been mixed and we've seen a few extreme negative reactions. What has us somewhat concerned is the state of the consumer. Having read earnings results from McDonalds (MCD), Etsy (ETSY), Tesla (TSLA), and specifically Starbucks (SBUX), there is evidence that the consumer is stretched. In this week's Jarvis® Update, CEO Noland Langford and Director of Research, Brian Dress, cover the latest earnings reports, both in tech and in consumer-related stocks. Rising interest rates continue to throw a wrench in investors' plans Topic 2 covers some practical tips on how we think investors should approach the latest market correction. Noland closes out the video with one of his favorite income stocks, which has an annual dividend yield of 8.4%! But you'll have to watch all the way to the end to get that name! Topic 1: Earnings Reports -- Things Appear to be Changing Topic 2: Practical Tips to Deal with the Latest Market Correction If you would like to learn more about our income strategies and other market thoughts, don't hesitate to reach out using the contact info below! Get on Brian's calendar directly to discuss a plan for Build, Grow, and Preserve Your Wealth at https://m.levitate.ai/67de35-5y0b8m/60-minute-meeting Be sure to check out Noland's Notes, our yearly piece looking back on 2023 and with our expectations for 2024: https://leftbrainwm.com/notes To check out our website, head over to https://leftbrainwm.com/ If you would like more information about our model portfolios head to https://leftbrainwm.com/report. Email Brian at briand@leftbrainwm.com for details. DISCLAIMER: This report contains views and opinions which, by their very nature, are subject to uncertainty and involve inherent risks. Predictions or forecasts, described or implied, may prove to be wrong and are subject to change without notice. All expressions of opinion included herein are subject to change without notice. Predictions or forecasts described or implied are forward-looking statements based on certain assumptions which may prove to be wrong and/or other events which were not taken into account may occur. Any predictions, forecasts, outlooks, opinions, or assumptions should not be construed to be indicative of the actual events which will occur. Investing involves risk, including the possible loss of principal. The opinions and data in this report have been obtained from sources believed to be reliable; neither Left Brain nor its affiliates warrant the accuracy or completeness of such and accept no liability for any direct or consequential losses arising from its use. In addition, please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients, may have positions in one or more of the securities discussed in this communication. Please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients may take positions or effect transactions contrary to the views expressed in this communication based upon individual or firm circumstances. Any decision to effect transactions in the securities discussed within this communication should be balanced against the potential conflict of interest that Left Brain, its principals, employees, agents, affiliates, and advisory clients has by virtue of its investment in one or more of these securities. Past performance is not indicative of future performance. The price of securities can and will fluctuate, and any individual security may become worthless. A high or favorable rating, rating outlook, gauge, or similar opinion is not indicative of future performance, and no user should rely on any such rating, rating outlook, gauge, or similar opinion to predict performance or potential for return. Future performance may not equal projected or forecasted performance or potential for return. All ratings and related analysis, as well as data, statistics, analysis, and opinions contained herein are solely statements of opinion and are not statements of fact or recommendations to purchase, hold, or sell any security or make any other investment decisions. This report may contain “forward-looking” information that is not purely historical in nature. Such information may include, among other things, projections, and forecasts. There is no guarantee that any forecasts made will materialize. Reliance upon information herein is at the sole discretion of the reader. THE REPORT IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT REPRESENTATION OR WARRANTY OF ANY KIND.

0:00 Intro 1:15 Market Recap 3:01 Topic 1: Earnings Season -- The Antidote for the Macro Malaise? 8:52 Topic 2: A Tax-Efficient Income Strategy It's been some time since we've heard any substantial news about companies and their microeconomics. That's about to change, as we move into earnings season. Markets have struggled over the past few weeks, as investors look away from business fundamentals and fixate on macroeconomic factors like strife in Israel and Iran, along with interest rates that have been creeping up over the last couple months. In this week's Jarvis® Update, CEO Noland Langford and Director of Research, Brian Dress cover the recent phenomenon that markets have tended to drift lower between earnings seasons, while finding strength when investors are more focused on business fundamentals. We close out the video in Topic 2, sharing a concept of a tax-efficient income strategy, punctuated by a discussion of our Income Security of the Month! Topic 1: Earnings Season -- The Antidote for the Macro Malaise? Topic 2: Tax-Efficient Income Strategy If you would like to learn more about our strategies for putting your finances in order in 2024 and getting excess cash working for you, get in touch using the links below! Get on Brian's calendar directly to discuss a plan for Build, Grow, and Preserve Your Wealth at https://m.levitate.ai/67de35-5y0b8m/60-minute-meeting To check out our website, head over to https://leftbrainwm.com/ If you would like more information about our model portfolios head to https://leftbrainwm.com/report. Email Brian at briand@leftbrainwm.com for details. DISCLAIMER: This report contains views and opinions which, by their very nature, are subject to uncertainty and involve inherent risks. Predictions or forecasts, described or implied, may prove to be wrong and are subject to change without notice. All expressions of opinion included herein are subject to change without notice. Predictions or forecasts described or implied are forward-looking statements based on certain assumptions which may prove to be wrong and/or other events which were not taken into account may occur. Any predictions, forecasts, outlooks, opinions, or assumptions should not be construed to be indicative of the actual events which will occur. Investing involves risk, including the possible loss of principal. The opinions and data in this report have been obtained from sources believed to be reliable; neither Left Brain nor its affiliates warrant the accuracy or completeness of such and accept no liability for any direct or consequential losses arising from its use. In addition, please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients, may have positions in one or more of the securities discussed in this communication. Please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients may take positions or effect transactions contrary to the views expressed in this communication based upon individual or firm circumstances. Any decision to effect transactions in the securities discussed within this communication should be balanced against the potential conflict of interest that Left Brain, its principals, employees, agents, affiliates, and advisory clients has by virtue of its investment in one or more of these securities. Past performance is not indicative of future performance. The price of securities can and will fluctuate, and any individual security may become worthless. A high or favorable rating, rating outlook, gauge, or similar opinion is not indicative of future performance, and no user should rely on any such rating, rating outlook, gauge, or similar opinion to predict performance or potential for return. Future performance may not equal projected or forecasted performance or potential for return. All ratings and related analysis, as well as data, statistics, analysis, and opinions contained herein are solely statements of opinion and are not statements of fact or recommendations to purchase, hold, or sell any security or make any other investment decisions. This report may contain “forward-looking” information that is not purely historical in nature. Such information may include, among other things, projections, and forecasts. There is no guarantee that any forecasts made will materialize. Reliance upon information herein is at the sole discretion of the reader. THE REPORT IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT REPRESENTATION OR WARRANTY OF ANY KIND.

0:00 Intro 2:19 Market Recap 4:25 Topic 1: Winners and Losers in 2024 8:31 Topic 2: Previewing the Rest of 2024 The first quarter of the year is now in the books and, boy, did it fly by! After a strong 2023, we have seen an excellent start to the year in markets, with both the S&P 500 and the NASDAQ Composite up double digits. In this week's Jarvis® Update, CEO Noland Langford and Director of Research, Brian Dress, review the past three markets. We cover the winners and losers, both and the sector/industry level, as well as the top 5 and bottom 5 performing stocks in the entire market. Based on the data we compiled, we can unabashedly say we are in the midst of a bull market. We close out the video in Topic 2, discussing our projections for the rest of the year (and beyond). Finally, Noland has some words of wisdom for those with large piles of cash sitting on the sidelines. Hint: it is probably time to consider doing something! Topic 1: Winners and Losers of 2024 (So Far) Topic 2: Previewing the Rest of 2024 If you would like to learn more about our strategies for putting your finances in order in 2024 and getting involved with the bull market, get in touch using the links below! Get on Brian's calendar directly to discuss a plan for Build, Grow, and Preserve Your Wealth at https://m.levitate.ai/67de35-5y0b8m/60-minute-meeting To check out our website, head over to https://leftbrainwm.com/ If you would like more information about our model portfolios head to https://leftbrainwm.com/report. Email Brian at briand@leftbrainwm.com for details. DISCLAIMER: This report contains views and opinions which, by their very nature, are subject to uncertainty and involve inherent risks. Predictions or forecasts, described or implied, may prove to be wrong and are subject to change without notice. All expressions of opinion included herein are subject to change without notice. Predictions or forecasts described or implied are forward-looking statements based on certain assumptions which may prove to be wrong and/or other events which were not taken into account may occur. Any predictions, forecasts, outlooks, opinions, or assumptions should not be construed to be indicative of the actual events which will occur. Investing involves risk, including the possible loss of principal. The opinions and data in this report have been obtained from sources believed to be reliable; neither Left Brain nor its affiliates warrant the accuracy or completeness of such and accept no liability for any direct or consequential losses arising from its use. In addition, please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients, may have positions in one or more of the securities discussed in this communication. Please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients may take positions or effect transactions contrary to the views expressed in this communication based upon individual or firm circumstances. Any decision to effect transactions in the securities discussed within this communication should be balanced against the potential conflict of interest that Left Brain, its principals, employees, agents, affiliates, and advisory clients has by virtue of its investment in one or more of these securities. Past performance is not indicative of future performance. The price of securities can and will fluctuate, and any individual security may become worthless. A high or favorable rating, rating outlook, gauge, or similar opinion is not indicative of future performance, and no user should rely on any such rating, rating outlook, gauge, or similar opinion to predict performance or potential for return. Future performance may not equal projected or forecasted performance or potential for return. All ratings and related analysis, as well as data, statistics, analysis, and opinions contained herein are solely statements of opinion and are not statements of fact or recommendations to purchase, hold, or sell any security or make any other investment decisions. This report may contain “forward-looking” information that is not purely historical in nature. Such information may include, among other things, projections, and forecasts. There is no guarantee that any forecasts made will materialize. Reliance upon information herein is at the sole discretion of the reader. THE REPORT IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT REPRESENTATION OR WARRANTY OF ANY KIND.

0:00 Intro 2:18 Market Recap 4:36 Topic 1: Bitcoin "Mooning" but It's Not the Only Growth Engine 7:19 Topic 2: Ways to Take Advantage of the Bull Market Bitcoin has been dominating the news in recent weeks and with good reason: it's been up more than 60% in the first few months of 2024. But we can't help but notice other trends that are driving huge returns in the conventional stock market -- Artificial Intelligence (AI), Cybersecurity, and Digital Transformation. In this week's Jarvis® Update, CEO Noland Langford and Director of Research, Brian Dress, cover three of the stocks that we follow closely that have posted returns in excess of Bitcoin since January 1. You'll have to watch the whole video to hear about these "super winners". Noland also discusses his view, informed by the experience of his 25 years in the investment business -- a few of these "super winners" can not just improve your returns, but they can also change your standard of living! We close the video talking about some specific personal finance moves that you can make in order to take full advantage of the bull market that is underway here in 2024! Topic 1: Bitcoin "Mooning", but AI is the "Real Deal" Growth Engine Topic 2: Ways to Take Advantage of the Bull Market Left Brain Clients: Don't Forget to Save the Date of Saturday, May 11 for Our Annual State of the Union at the Naperville Morton's! If you would like to learn more about our strategies for putting your finances in order in 2024 and getting involved with the bull market, get in touch using the links below! Get on Brian's calendar directly to discuss a plan for Build, Grow, and Preserve Your Wealth at https://m.levitate.ai/67de35-5y0b8m/60-minute-meeting To check out our website, head over to https://leftbrainwm.com/ If you would like more information about our model portfolios head to https://leftbrainwm.com/report Email Brian at briand@leftbrainwm.com for details. DISCLAIMER: This report contains views and opinions which, by their very nature, are subject to uncertainty and involve inherent risks. Predictions or forecasts, described or implied, may prove to be wrong and are subject to change without notice. All expressions of opinion included herein are subject to change without notice. Predictions or forecasts described or implied are forward-looking statements based on certain assumptions which may prove to be wrong and/or other events which were not taken into account may occur. Any predictions, forecasts, outlooks, opinions, or assumptions should not be construed to be indicative of the actual events which will occur. Investing involves risk, including the possible loss of principal. The opinions and data in this report have been obtained from sources believed to be reliable; neither Left Brain nor its affiliates warrant the accuracy or completeness of such and accept no liability for any direct or consequential losses arising from its use. In addition, please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients, may have positions in one or more of the securities discussed in this communication. Please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients may take positions or effect transactions contrary to the views expressed in this communication based upon individual or firm circumstances. Any decision to effect transactions in the securities discussed within this communication should be balanced against the potential conflict of interest that Left Brain, its principals, employees, agents, affiliates, and advisory clients has by virtue of its investment in one or more of these securities. Past performance is not indicative of future performance. The price of securities can and will fluctuate, and any individual security may become worthless. A high or favorable rating, rating outlook, gauge, or similar opinion is not indicative of future performance, and no user should rely on any such rating, rating outlook, gauge, or similar opinion to predict performance or potential for return. Future performance may not equal projected or forecasted performance or potential for return. All ratings and related analysis, as well as data, statistics, analysis, and opinions contained herein are solely statements of opinion and are not statements of fact or recommendations to purchase, hold, or sell any security or make any other investment decisions. This report may contain “forward-looking” information that is not purely historical in nature. Such information may include, among other things, projections, and forecasts. There is no guarantee that any forecasts made will materialize. Reliance upon information herein is at the sole discretion of the reader. THE REPORT IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT REPRESENTATION OR WARRANTY OF ANY KIND.

0:00 Intro 2:19 Market Recap 3:43 Topic 1: Giving the Bull Market Some Context 9:50 Topic 2: Action Steps for Investors in Early 2024 We continue to see evidence that the US stock market is in bull territory. This week we dive deeper into the data of 2024's first two months as we look to see what are the true drivers of the bull market thus far. At the same time, even though we are moving swiftly into March (and Spring soon, hopefully), there is still time for investors to take stock of their financial plan and to take some simple steps to improve their situations. In this week's Jarvis® Update, CEO Noland Langford and Director of Research, Brian Dress discuss some moves you can make with your retirement accounts. This week we are stressing reviewing one type of financial contract that we know many clients and other investors are holding -- annuities. Since interest rates have risen over the last two years, there may be a great opportunity for annuity holders to "refinance" their contracts to something more favorable! Make sure you get in touch with your advisor if you are holding an annuity written 5 years ago or longer. Topic 1: Giving Some Context to the Bull Market Topic 2: Action Steps for Investors in Early 2024 If you would like to learn more about our strategies for getting your finances in order in 2024, get in touch using the links below! Get on Brian's calendar directly to discuss a plan for Build, Grow, and Preserve Your Wealth at https://m.levitate.ai/67de35-5y0b8m/60-minute-meeting To check out our website, head over to https://leftbrainwm.com/ If you would like more information about our model portfolios head to https://leftbrainwm.com/report. Email Brian at briand@leftbrainwm.com for details. DISCLAIMER: This report contains views and opinions which, by their very nature, are subject to uncertainty and involve inherent risks. Predictions or forecasts, described or implied, may prove to be wrong and are subject to change without notice. All expressions of opinion included herein are subject to change without notice. Predictions or forecasts described or implied are forward-looking statements based on certain assumptions which may prove to be wrong and/or other events which were not taken into account may occur. Any predictions, forecasts, outlooks, opinions, or assumptions should not be construed to be indicative of the actual events which will occur. Investing involves risk, including the possible loss of principal. The opinions and data in this report have been obtained from sources believed to be reliable; neither Left Brain nor its affiliates warrant the accuracy or completeness of such and accept no liability for any direct or consequential losses arising from its use. In addition, please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients, may have positions in one or more of the securities discussed in this communication. Please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients may take positions or effect transactions contrary to the views expressed in this communication based upon individual or firm circumstances. Any decision to effect transactions in the securities discussed within this communication should be balanced against the potential conflict of interest that Left Brain, its principals, employees, agents, affiliates, and advisory clients has by virtue of its investment in one or more of these securities. Past performance is not indicative of future performance. The price of securities can and will fluctuate, and any individual security may become worthless. A high or favorable rating, rating outlook, gauge, or similar opinion is not indicative of future performance, and no user should rely on any such rating, rating outlook, gauge, or similar opinion to predict performance or potential for return. Future performance may not equal projected or forecasted performance or potential for return. All ratings and related analysis, as well as data, statistics, analysis, and opinions contained herein are solely statements of opinion and are not statements of fact or recommendations to purchase, hold, or sell any security or make any other investment decisions. This report may contain “forward-looking” information that is not purely historical in nature. Such information may include, among other things, projections, and forecasts. There is no guarantee that any forecasts made will materialize. Reliance upon information herein is at the sole discretion of the reader. THE REPORT IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT REPRESENTATION OR WARRANTY OF ANY KIND.

0:00 Intro 2:16 Market Recap 5:00 Personal Finance Corner: IRAs and Roth Conversions 6:16 Topic 1: NASDAQ 1990s -- A History Lesson 11:18 Topic 2: Earnings Season -- Trends Are Emerging Earnings season is coming to a close and a conclusion is emerging -- we are looking at the early stages of a bull market! In this week's Jarvis® Update, CEO Noland Langford and Director of Research, Brian Dress get out the neon spandex and fanny packs for a look down memory lane back to the 1990s. Specifically, we cover the bull run in the 90s that occurred in the NASDAQ where the index rose by more than 500% in a five year period. Noland gives you his thoughts of the similarities and differences between today's market and the one we saw in the late 90s. Noland also shares some of the conclusions he has, now that most companies have reported their earnings for the quarter. We have seen some impressive upside moves from companies reporting strong results, which bolsters the bull case! Topic 1: NASDAQ 1990s -- A History Lesson Topic 2: Earnings Season -- Trends are Emerging If you would like to learn more about our strategies for taking advantage of a budding bull market, get in touch using the links below! Get on Brian's calendar directly to discuss a plan for Build, Grow, and Preserve Your Wealth at https://m.levitate.ai/67de35-5y0b8m/60-minute-meeting To learn more about Left Brain and how we help clients, head over to https://leftbrainwm.com/ If you would like more information about our model portfolios head to https://leftbrainwm.com/report Email Brian at briand@leftbrainwm.com for details. DISCLAIMER: This report contains views and opinions which, by their very nature, are subject to uncertainty and involve inherent risks. Predictions or forecasts, described or implied, may prove to be wrong and are subject to change without notice. All expressions of opinion included herein are subject to change without notice. Predictions or forecasts described or implied are forward-looking statements based on certain assumptions which may prove to be wrong and/or other events which were not taken into account may occur. Any predictions, forecasts, outlooks, opinions, or assumptions should not be construed to be indicative of the actual events which will occur. Investing involves risk, including the possible loss of principal. The opinions and data in this report have been obtained from sources believed to be reliable; neither Left Brain nor its affiliates warrant the accuracy or completeness of such and accept no liability for any direct or consequential losses arising from its use. In addition, please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients, may have positions in one or more of the securities discussed in this communication. Please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients may take positions or effect transactions contrary to the views expressed in this communication based upon individual or firm circumstances. Any decision to effect transactions in the securities discussed within this communication should be balanced against the potential conflict of interest that Left Brain, its principals, employees, agents, affiliates, and advisory clients has by virtue of its investment in one or more of these securities. Past performance is not indicative of future performance. The price of securities can and will fluctuate, and any individual security may become worthless. A high or favorable rating, rating outlook, gauge, or similar opinion is not indicative of future performance, and no user should rely on any such rating, rating outlook, gauge, or similar opinion to predict performance or potential for return. Future performance may not equal projected or forecasted performance or potential for return. All ratings and related analysis, as well as data, statistics, analysis, and opinions contained herein are solely statements of opinion and are not statements of fact or recommendations to purchase, hold, or sell any security or make any other investment decisions. This report may contain “forward-looking” information that is not purely historical in nature. Such information may include, among other things, projections, and forecasts. There is no guarantee that any forecasts made will materialize. Reliance upon information herein is at the sole discretion of the reader. THE REPORT IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT REPRESENTATION OR WARRANTY OF ANY KIND.

0:00 Intro  1:59 Market Recap 4:26 Topic 1: Making the Right Moves for 2024 7:59 Topic 2: Earnings Season in Full Swing 13:47 Noland Makes his Super Bowl Pick The beginning of the year is the best time to make adjustments to your financial plan. This week we wanted to cover some of the most simple, yet effective techniques that we often recommend to clients. In this week's Jarvis® Update, CEO Noland Langford and Director of Research, Brian Dress discuss some key moves you can make with your retirement accounts at the beginning of the year. We also do a quick dive into the beginning of earnings season and Noland shares some of his conclusions after having read a number of the earnings calls coming from some of the world's biggest and most important companies. Finally, Noland shares with us his Super Bowl pick. Evidently Noland has correctly picked 9 of the last 10 Super Bowl winners (Please Note: this is not audited by any third party, so tail the pick at your own risk!) Topic 1: Doing the Right (Financial) Stuff in 2024 Topic 2: Earnings Season in Full Swing If you would like to learn more about our strategies for getting your finances in order in 2024, get in touch using the links below! Get on Brian's calendar directly to discuss a plan for Build, Grow, and Preserve Your Wealth at https://m.levitate.ai/67de35-5y0b8m/60-minute-meeting To check out our website, head over to https://leftbrainwm.com/ If you would like more information about our model portfolios head to https://leftbrainwm.com/report. Email Brian at briand@leftbrainwm.com for details. DISCLAIMER: This report contains views and opinions which, by their very nature, are subject to uncertainty and involve inherent risks. Predictions or forecasts, described or implied, may prove to be wrong and are subject to change without notice. All expressions of opinion included herein are subject to change without notice. Predictions or forecasts described or implied are forward-looking statements based on certain assumptions which may prove to be wrong and/or other events which were not taken into account may occur. Any predictions, forecasts, outlooks, opinions, or assumptions should not be construed to be indicative of the actual events which will occur. Investing involves risk, including the possible loss of principal. The opinions and data in this report have been obtained from sources believed to be reliable; neither Left Brain nor its affiliates warrant the accuracy or completeness of such and accept no liability for any direct or consequential losses arising from its use. In addition, please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients, may have positions in one or more of the securities discussed in this communication. Please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients may take positions or effect transactions contrary to the views expressed in this communication based upon individual or firm circumstances. Any decision to effect transactions in the securities discussed within this communication should be balanced against the potential conflict of interest that Left Brain, its principals, employees, agents, affiliates, and advisory clients has by virtue of its investment in one or more of these securities. Past performance is not indicative of future performance. The price of securities can and will fluctuate, and any individual security may become worthless. A high or favorable rating, rating outlook, gauge, or similar opinion is not indicative of future performance, and no user should rely on any such rating, rating outlook, gauge, or similar opinion to predict performance or potential for return. Future performance may not equal projected or forecasted performance or potential for return. All ratings and related analysis, as well as data, statistics, analysis, and opinions contained herein are solely statements of opinion and are not statements of fact or recommendations to purchase, hold, or sell any security or make any other investment decisions. This report may contain “forward-looking” information that is not purely historical in nature. Such information may include, among other things, projections, and forecasts. There is no guarantee that any forecasts made will materialize. Reliance upon information herein is at the sole discretion of the reader. THE REPORT IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT REPRESENTATION OR WARRANTY OF ANY KIND.

0:00 Intro  2:20 Market Recap 4:39 Topic 1: Putting the Macro Behind Us (For Good) 7:59 Topic 2: What Makes Us Optimistic for 2024 The investing year of 2023 has been a rollercoaster, but we look to be ending the year out on a positive note. Interest rates and inflation have dominated the conversation, but with Federal Reserve Chairman Jerome Powell's press conference this week, it seems evident that the Fed is done with interest rate increases for the current cycle. In this week's Jarvis® Update, CEO Noland Langford and Director of Research, Brian Dress discuss our improving view of the market through the Left Brain lens. With the topics of interest rates and inflation now in the rear-view mirror, we are able to look through the windshield -- we think the next few years could be potentially prosperous for investors that have their money in the market. We know there has been a sharp and swift move in markets, which has caused some investors to wonder "Am I too late to participate?" Noland shares his views that he thinks the rally may just be beginning and now is a great time for investors to get involved, both in bonds and stocks! Topic 1: Putting the Macro Behind Us (For Good) Topic 2: What Makes Us Optimistic for 2024 If you would like to learn more about our full list of turnaround candidates and discuss whether they could be a fit for your portfolio as we move into 2024, get in touch with us using the information below. We love speaking with new investors! Get on Brian's calendar directly to discuss a plan for Build, Grow, and Preserve Your Wealth at https://m.levitate.ai/67de35-5y0b8m/60-minute-meeting To check out our new website, head over to https://leftbrainwm.com/ If you would like more information about our model portfolios head to https://leftbrainwm.com/report. Email Brian at briand@leftbrainwm.com for details. DISCLAIMER: This report contains views and opinions which, by their very nature, are subject to uncertainty and involve inherent risks. Predictions or forecasts, described or implied, may prove to be wrong and are subject to change without notice. All expressions of opinion included herein are subject to change without notice. Predictions or forecasts described or implied are forward-looking statements based on certain assumptions which may prove to be wrong and/or other events which were not taken into account may occur. Any predictions, forecasts, outlooks, opinions, or assumptions should not be construed to be indicative of the actual events which will occur. Investing involves risk, including the possible loss of principal. The opinions and data in this report have been obtained from sources believed to be reliable; neither Left Brain nor its affiliates warrant the accuracy or completeness of such and accept no liability for any direct or consequential losses arising from its use. In addition, please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients, may have positions in one or more of the securities discussed in this communication. Please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients may take positions or effect transactions contrary to the views expressed in this communication based upon individual or firm circumstances. Any decision to effect transactions in the securities discussed within this communication should be balanced against the potential conflict of interest that Left Brain, its principals, employees, agents, affiliates, and advisory clients has by virtue of its investment in one or more of these securities. Past performance is not indicative of future performance. The price of securities can and will fluctuate, and any individual security may become worthless. A high or favorable rating, rating outlook, gauge, or similar opinion is not indicative of future performance, and no user should rely on any such rating, rating outlook, gauge, or similar opinion to predict performance or potential for return. Future performance may not equal projected or forecasted performance or potential for return. All ratings and related analysis, as well as data, statistics, analysis, and opinions contained herein are solely statements of opinion and are not statements of fact or recommendations to purchase, hold, or sell any security or make any other investment decisions. This report may contain “forward-looking” information that is not purely historical in nature. Such information may include, among other things, projections, and forecasts. There is no guarantee that any forecasts made will materialize. Reliance upon information herein is at the sole discretion of the reader. THE REPORT IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT REPRESENTATION OR WARRANTY OF ANY KIND.

Investor sentiment has been weak in the second half of 2023, but things have certainly changed for the better in November. Interest rates seem to have topped and we are moving toward the time for the traditional "Santa Claus rally". In this week's Jarvis® Update, CEO Noland Langford and Director of Research, Brian Dress take a look back on the last three years in the market, which have been challenging for both growth and income investors alike. With that said, difficult times seem to have set the stage for a potentially profitable time for investors in 2024 and beyond. In this week's second topic, we leave all those challenges behind and take a look forward into 2024 (and beyond). Noland first gives us his views on what constitutes a turnaround candidate and then shares two of his favorite ideas for 2024 with viewers to close out this week's show. Topic 1: A Trip Down Memory Lane (2020-2023) Topic 2: What We Are Looking for in Turnaround Candidates for 2024 If you would like to learn more about our full list of turnaround candidates and discuss whether they could be a fit for your portfolio as we move into 2024, get in touch with us using the information below. We love speaking with new investors! Get on Brian's calendar directly to discuss a plan for Build, Grow, and Preserve Your Wealth at https://m.levitate.ai/67de35-5y0b8m/60-minute-meeting To check out our new website, head over to https://leftbrainwm.com/ If you would like more information about our model portfolios head to https://leftbrainwm.com/report Email Brian at briand@leftbrainwm.com for details. DISCLAIMER: This report contains views and opinions which, by their very nature, are subject to uncertainty and involve inherent risks. Predictions or forecasts, described or implied, may prove to be wrong and are subject to change without notice. All expressions of opinion included herein are subject to change without notice. Predictions or forecasts described or implied are forward-looking statements based on certain assumptions which may prove to be wrong and/or other events which were not taken into account may occur. Any predictions, forecasts, outlooks, opinions, or assumptions should not be construed to be indicative of the actual events which will occur. Investing involves risk, including the possible loss of principal. The opinions and data in this report have been obtained from sources believed to be reliable; neither Left Brain nor its affiliates warrant the accuracy or completeness of such and accept no liability for any direct or consequential losses arising from its use. In addition, please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients, may have positions in one or more of the securities discussed in this communication. Please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients may take positions or effect transactions contrary to the views expressed in this communication based upon individual or firm circumstances. Any decision to effect transactions in the securities discussed within this communication should be balanced against the potential conflict of interest that Left Brain, its principals, employees, agents, affiliates, and advisory clients has by virtue of its investment in one or more of these securities. Past performance is not indicative of future performance. The price of securities can and will fluctuate, and any individual security may become worthless. A high or favorable rating, rating outlook, gauge, or similar opinion is not indicative of future performance, and no user should rely on any such rating, rating outlook, gauge, or similar opinion to predict performance or potential for return. Future performance may not equal projected or forecasted performance or potential for return. All ratings and related analysis, as well as data, statistics, analysis, and opinions contained herein are solely statements of opinion and are not statements of fact or recommendations to purchase, hold, or sell any security or make any other investment decisions. This report may contain “forward-looking” information that is not purely historical in nature. Such information may include, among other things, projections, and forecasts. There is no guarantee that any forecasts made will materialize. Reliance upon information herein is at the sole discretion of the reader. THE REPORT IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT REPRESENTATION OR WARRANTY OF ANY KIND.

0:00 Intro  0:56 Who Needs an Estate Plan? 1:35 Mistake #1: Not Defining Your Goals 4:23 Mistake #2: Not Getting Beneficiaries Right 5:42 "Five by Five" Power in a Trust 8:11 Mistake #3: Not Considering Your Liabilities 9:57 Mistake #4: Not Updating Your Estate Plan 11:01 Mistake #5 : Going it Along (and Procrastinating!) When you ultimately pass away, do you want to determine who receives your assets and how? Or would you rather the government or someone else make the decisions? If your answer to this question was "Yes", then you need an estate plan. To avoid family disharmony, it is important to draw out your estate plan in a way that you know will be executed according to your wishes! In our latest "Fundamentals of Investing" video, our VP of Investments and personal finance expert Freddy Garcia joined Director of Research, Brian Dress, to discuss the 5 most common mistakes we see in estate planning. As advisors, we have seen many terrible outcomes for folks who don't have their estate plan in order. Especially with those investors who decide to "go it alone" and not seek professional help with this important life decision, we see procrastination as a huge problem. Often times, life changes like divorce, the death of a beneficiary, or the addition of grandchildren makes changes to the estate plan crucial. Since one of the biggest problems in estate planning is that the average inheritance is spent down in 2 years, it's logical that people would want to pass down assets in a way that they won't be frittered away frivolously. To that end, Freddy covers some strategies that can help you make sure your wishes are followed to a T. To learn more about how to create an estate plan that works for you and your family, set time directly on Brian's calendar, call us at (630) 547-3316, or email at briand@leftbrainwm.com DISCLAIMER: This report contains views and opinions which, by their very nature, are subject to uncertainty and involve inherent risks. Predictions or forecasts, described or implied, may prove to be wrong and are subject to change without notice. All expressions of opinion included herein are subject to change without notice. Predictions or forecasts described or implied are forward-looking statements based on certain assumptions which may prove to be wrong and/or other events which were not taken into account may occur. Any predictions, forecasts, outlooks, opinions, or assumptions should not be construed to be indicative of the actual events which will occur. Investing involves risk, including the possible loss of principal. The opinions and data in this report have been obtained from sources believed to be reliable; neither Left Brain nor its affiliates warrant the accuracy or completeness of such and accept no liability for any direct or consequential losses arising from its use. In addition, please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients, may have positions in one or more of the securities discussed in this communication. Please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients may take positions or effect transactions contrary to the views expressed in this communication based upon individual or firm circumstances. Any decision to effect transactions in the securities discussed within this communication should be balanced against the potential conflict of interest that Left Brain, its principals, employees, agents, affiliates, and advisory clients has by virtue of its investment in one or more of these securities. Past performance is not indicative of future performance. The price of securities can and will fluctuate, and any individual security may become worthless. A high or favorable rating, rating outlook, gauge, or similar opinion is not indicative of future performance, and no user should rely on any such rating, rating outlook, gauge, or similar opinion to predict performance or potential for return. Future performance may not equal projected or forecasted performance or potential for return. All ratings and related analysis, as well as data, statistics, analysis, and opinions contained herein are solely statements of opinion and are not statements of fact or recommendations to purchase, hold, or sell any security or make any other investment decisions. This report may contain “forward-looking” information that is not purely historical in nature. Such information may include, among other things, projections, and forecasts. There is no guarantee that any forecasts made will materialize. Reliance upon information herein is at the sole discretion of the reader. THE REPORT IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT REPRESENTATION OR WARRANTY OF ANY KIND.

0:00 Intro 2:19 Market Recap 5:03 Topic 1: How to Respond to Global Crises 8:45 Topic 2: Earnings Season is Finally Here! 15:05 Bonus Topic: End of Year Tax Management We continue to experience jittery markets in the month of October, with two major stories continuing to dominate the headlines -- rising interest rates and the raging conflict in Israel and the Gaza Strip. In this week's Jarvis® Update, CEO Noland Langford and Director of Research, Brian Dress discuss the Left Brain philosophy of how we react as investors to major global events like those the world is currently experiencing. While we do take into account major world events, we note that most of the time, we see temporary price changes in securities and often how we want to use the opportunity to add market exposure, rather than to panic sell! Noland was audibly excited to discuss our second topic this week -- the beginning of the 3rd quarter earnings season. We cover two of the past week's biggest and most important reports -- Tesla (TSLA) and Netflix (NFLX). We close out with a bonus topic -- tax management. By the time you send your documents off to your accountant in early 2024, it will be too late to do anything about lowering your tax bill; now is the time to act. Noland mentions a couple strategies that we are currently pursuing for clients and that may help you come tax time in April! Topic 1: How to Respond to Global Events Topic 2: Earnings Season is (finally) here! If you are feeling jittery about the markets and your portfolio, reach out and we can set up a time to talk in more detail about taking advantage of market weakness to serve your long-term financial plan! To check out our new website, head over to https://leftbrainwm.com/ If you would like more information about our model portfolios head to https://leftbrainwm.com/report Email Brian at briand@leftbrainwm.com for details. Get on Brian's calendar directly to discuss a plan for Build, Grow, and Preserve Your Wealth at https://m.levitate.ai/67de35-5y0b8m/60-minute-meeting DISCLAIMER: This report contains views and opinions which, by their very nature, are subject to uncertainty and involve inherent risks. Predictions or forecasts, described or implied, may prove to be wrong and are subject to change without notice. All expressions of opinion included herein are subject to change without notice. Predictions or forecasts described or implied are forward-looking statements based on certain assumptions which may prove to be wrong and/or other events which were not taken into account may occur. Any predictions, forecasts, outlooks, opinions, or assumptions should not be construed to be indicative of the actual events which will occur. Investing involves risk, including the possible loss of principal. The opinions and data in this report have been obtained from sources believed to be reliable; neither Left Brain nor its affiliates warrant the accuracy or completeness of such and accept no liability for any direct or consequential losses arising from its use. In addition, please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients, may have positions in one or more of the securities discussed in this communication. Please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients may take positions or effect transactions contrary to the views expressed in this communication based upon individual or firm circumstances. Any decision to effect transactions in the securities discussed within this communication should be balanced against the potential conflict of interest that Left Brain, its principals, employees, agents, affiliates, and advisory clients has by virtue of its investment in one or more of these securities. Past performance is not indicative of future performance. The price of securities can and will fluctuate, and any individual security may become worthless. A high or favorable rating, rating outlook, gauge, or similar opinion is not indicative of future performance, and no user should rely on any such rating, rating outlook, gauge, or similar opinion to predict performance or potential for return. Future performance may not equal projected or forecasted performance or potential for return. All ratings and related analysis, as well as data, statistics, analysis, and opinions contained herein are solely statements of opinion and are not statements of fact or recommendations to purchase, hold, or sell any security or make any other investment decisions. This report may contain “forward-looking” information that is not purely historical in nature. Such information may include, among other things, projections, and forecasts. There is no guarantee that any forecasts made will materialize. Reliance upon information herein is at the sole discretion of the reader. THE REPORT IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT REPRESENTATION OR WARRANTY OF ANY KIND.

September is closing out in markets just the way it started -- poorly. This week, we examine the various reasons why investors appear to be on edge. It should come as little surprise that interest rates are at the heart of the angst. In this week's Jarvis® Update, CEO Noland Langford and Director of Research, Brian Dress discuss some of the green shoots we do see in the markets, including the reemergence of oil, the beginning of M&A in the tech world, and the fact that we are starting to see IPOs coming back to market. We preview the upcoming 3rd quarter earnings season and the general topics that we will be watching when companies beginning the earnings reporting process here in a couple weeks. We close out with a short look at the lighter side of the news this week. Since Brian is a die-hard Chiefs fan, we would be remiss if we didn't discuss the most important news in the world this week: the budding romance between All-Pro Tight End Travis Kelce and international superstar, Taylor Swift. We welcome any Swifties that surf through to our video to learn a bit about investing! Topic 1: What the **** is Going On Lately? Topic 2: Our Expectations for Q4 If you are feeling jittery about the markets and your portfolio, reach out and we can set up a time to talk in more detail about taking advantage of market weakness to serve your long-term financial plan! To check out our new website, head over to https://leftbrainwm.com/ If you would like more information about our model portfolios head to https://leftbrainwm.com/report Email Brian at briand@leftbrainwm.com for details. Get on Brian's calendar directly to discuss a plan for Build, Grow, and Preserve Your Wealth at https://m.levitate.ai/67de35-5y0b8m/60-minute-meeting DISCLAIMER: This report contains views and opinions which, by their very nature, are subject to uncertainty and involve inherent risks. Predictions or forecasts, described or implied, may prove to be wrong and are subject to change without notice. All expressions of opinion included herein are subject to change without notice. Predictions or forecasts described or implied are forward-looking statements based on certain assumptions which may prove to be wrong and/or other events which were not taken into account may occur. Any predictions, forecasts, outlooks, opinions, or assumptions should not be construed to be indicative of the actual events which will occur. Investing involves risk, including the possible loss of principal. The opinions and data in this report have been obtained from sources believed to be reliable; neither Left Brain nor its affiliates warrant the accuracy or completeness of such and accept no liability for any direct or consequential losses arising from its use. In addition, please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients, may have positions in one or more of the securities discussed in this communication. Please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients may take positions or effect transactions contrary to the views expressed in this communication based upon individual or firm circumstances. Any decision to effect transactions in the securities discussed within this communication should be balanced against the potential conflict of interest that Left Brain, its principals, employees, agents, affiliates, and advisory clients has by virtue of its investment in one or more of these securities. Past performance is not indicative of future performance. The price of securities can and will fluctuate, and any individual security may become worthless. A high or favorable rating, rating outlook, gauge, or similar opinion is not indicative of future performance, and no user should rely on any such rating, rating outlook, gauge, or similar opinion to predict performance or potential for return. Future performance may not equal projected or forecasted performance or potential for return. All ratings and related analysis, as well as data, statistics, analysis, and opinions contained herein are solely statements of opinion and are not statements of fact or recommendations to purchase, hold, or sell any security or make any other investment decisions. This report may contain “forward-looking” information that is not purely historical in nature. Such information may include, among other things, projections, and forecasts. There is no guarantee that any forecasts made will materialize. Reliance upon information herein is at the sole discretion of the reader. THE REPORT IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT REPRESENTATION OR WARRANTY OF ANY KIND.

This week our CEO Noland Langford sat down with an old friend of the show, Chuck Jaffe, for a good old-fashioned stock talk. Noland starts out the show giving a review of 2023 year-to-date, noting the top-heavy nature of the market over the past 9 months. He mentions that he is looking for opportunities in small and mid-cap stocks, both of which have underperformed in 2023. Noland discussed some of his favorite ideas in the current market, including DraftKings (DKNG) and two of his best ideas in the oil services and drilling industry: Schlumberger (SLB) and Transocean (RIG). Chuck closes out the show by running Noland through a gauntlet of five stocks in the Lightning Round, giving you the Left Brain view on some of the stocks on listeners' minds. We want to thank Chuck and his team for hosting Noland on the show this week. To learn more about the show, "Money Life with Chuck Jaffe", head over to moneylifeshow.com To set time directly on our calendar for a no-cost, no-obligation consultation with one of our Left Brain advisors, head over to Book Time to Speak with a Left Brain advisor

This week we switch gears from our usual market recap videos to bring you the latest in our Fundamentals of Investing series, discussing a topic that is relevant to literally all families -- Life Insurance. Most of us know Life Insurance is an essential building block of a comprehensive financial plan, but there are so many options and potential pitfalls that going it alone is a dangerous strategy. In this week's Jarvis® Update, we welcome VP of Investments, Freddy Garcia, our resident financial planning expert, to cover some of the major mistakes he has seen investors make over his 26 years of financial planning and advisory experience. As we talk our way though the common errors that folks make with insurance, we come to some key conclusions: (1) Don't procrastinate, as a single split second event could leave your family in need of a life insurance benefit (2) Don't go it alone -- this is a complicated field, but there are also many novel strategies that can help your family and minimize their tax burden (3) Always review what you have -- life changes, insurance companies change, beneficiaries change. It's not good enough just to buy a policy and stick it in the drawer for decades! If you are looking to get on top of your insurance situation and achieve peace of mind, both for yourself and your loved ones, please get in touch with us to schedule a meeting! You never know when you will need it. https://m.levitate.ai/67de35-5y0b8m/60-minute-meeting Call Brian directly at (630) 547-3316. DISCLAIMER: This report contains views and opinions which, by their very nature, are subject to uncertainty and involve inherent risks. Predictions or forecasts, described or implied, may prove to be wrong and are subject to change without notice. All expressions of opinion included herein are subject to change without notice. Predictions or forecasts described or implied are forward-looking statements based on certain assumptions which may prove to be wrong and/or other events which were not taken into account may occur. Any predictions, forecasts, outlooks, opinions, or assumptions should not be construed to be indicative of the actual events which will occur. Investing involves risk, including the possible loss of principal. The opinions and data in this report have been obtained from sources believed to be reliable; neither Left Brain nor its affiliates warrant the accuracy or completeness of such and accept no liability for any direct or consequential losses arising from its use. In addition, please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients, may have positions in one or more of the securities discussed in this communication. Please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients may take positions or effect transactions contrary to the views expressed in this communication based upon individual or firm circumstances. Any decision to effect transactions in the securities discussed within this communication should be balanced against the potential conflict of interest that Left Brain, its principals, employees, agents, affiliates, and advisory clients has by virtue of its investment in one or more of these securities. Past performance is not indicative of future performance. The price of securities can and will fluctuate, and any individual security may become worthless. A high or favorable rating, rating outlook, gauge, or similar opinion is not indicative of future performance, and no user should rely on any such rating, rating outlook, gauge, or similar opinion to predict performance or potential for return. Future performance may not equal projected or forecasted performance or potential for return. All ratings and related analysis, as well as data, statistics, analysis, and opinions contained herein are solely statements of opinion and are not statements of fact or recommendations to purchase, hold, or sell any security or make any other investment decisions. This report may contain “forward-looking” information that is not purely historical in nature. Such information may include, among other things, projections, and forecasts. There is no guarantee that any forecasts made will materialize. Reliance upon information herein is at the sole discretion of the reader. THE REPORT IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT REPRESENTATION OR WARRANTY OF ANY KIND.

The first few weeks of August have been fairly dismal across markets. But we saw some quite impressive earnings reports out of a few AI-related names this week in Nvidia (NVDA), Splunk (SPLK), and Snowflake (SNOW). This got us to thinking we should share part of the discipline of long-term investing with our followers. Just because stock prices are down temporarily, doesn't mean that we should knee-jerk sell our stocks! In this week's Jarvis® Update, CEO Noland Langford and Director of Research, Brian Dress cover our thoughts on the conclusion of earnings season, along with our thoughts of how best to handle emotions related to short-term fluctuations in the stock market. Noland keeps it simple: Don't Look at Your Statement so much! Topic 1: Earnings Season Closes Out Topic 2: Why We Don't Knee Jerk Sell Into Weakness With that in mind, if you are still sitting on cash in the bank, now is the time to get invested with stock prices down (temporarily in our view), as we expect a strong market in the second half of 2023. Reach out and we can set up a time to talk in more detail! To check out our new website, head over to https://leftbrainwm.com/ If you would like more information about our research service, head to https://leftbrainwm.com/report. Email Brian at briand@leftbrainwm.com for details. Get on Brian's calendar directly to discuss a plan for the new bull market at https://m.levitate.ai/67de35-5y0b8m/60-minute-meeting DISCLAIMER: This report contains views and opinions which, by their very nature, are subject to uncertainty and involve inherent risks. Predictions or forecasts, described or implied, may prove to be wrong and are subject to change without notice. All expressions of opinion included herein are subject to change without notice. Predictions or forecasts described or implied are forward-looking statements based on certain assumptions which may prove to be wrong and/or other events which were not taken into account may occur. Any predictions, forecasts, outlooks, opinions, or assumptions should not be construed to be indicative of the actual events which will occur. Investing involves risk, including the possible loss of principal. The opinions and data in this report have been obtained from sources believed to be reliable; neither Left Brain nor its affiliates warrant the accuracy or completeness of such and accept no liability for any direct or consequential losses arising from its use. In addition, please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients, may have positions in one or more of the securities discussed in this communication. Please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients may take positions or effect transactions contrary to the views expressed in this communication based upon individual or firm circumstances. Any decision to effect transactions in the securities discussed within this communication should be balanced against the potential conflict of interest that Left Brain, its principals, employees, agents, affiliates, and advisory clients has by virtue of its investment in one or more of these securities. Past performance is not indicative of future performance. The price of securities can and will fluctuate, and any individual security may become worthless. A high or favorable rating, rating outlook, gauge, or similar opinion is not indicative of future performance, and no user should rely on any such rating, rating outlook, gauge, or similar opinion to predict performance or potential for return. Future performance may not equal projected or forecasted performance or potential for return. All ratings and related analysis, as well as data, statistics, analysis, and opinions contained herein are solely statements of opinion and are not statements of fact or recommendations to purchase, hold, or sell any security or make any other investment decisions. This report may contain “forward-looking” information that is not purely historical in nature. Such information may include, among other things, projections, and forecasts. There is no guarantee that any forecasts made will materialize. Reliance upon information herein is at the sole discretion of the reader. THE REPORT IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT REPRESENTATION OR WARRANTY OF ANY KIND.

Markets were positively buoyant in the first 7 months of the year, with the S&P 500 gaining roughly 17% on the way to August 1. But in the last couple weeks we have seen a slight correction across the market. With that in mind, along with the inflation data, as well as the rising interest rate environment, we are starting to hear concerns from investors that perhaps the bull market could be over before it started. In this week's Jarvis® Update, CEO Noland Langford and Director of Research, Brian Dress, give our answer to the question: "is the bull market intact?" Spoiler alert: we answer in the affirmative and realize that corrections of 5-10% are normal in the context of any bull market. A few shaky days in the markets are not enough to shake our conviction in the positive direction we have seen in a few key areas in the market. Noland covers his 3 favorite segments of the market: (1) Digital Transformation, (2) Artificial Intelligence, and (3) Digital Advertising. Finally, Noland covers some thoughts he has for investors wondering how to deal with rising interest rates, especially as regards decisions in real estate. Topic 1: The State of Our Bull Market Call Topic 2: How Investors Should Respond to Rising Interest Rates With that in mind, if you are still sitting on cash in the bank, now is the time to get invested, as we expect a strong market in the second half of 2023. Reach out and we can set up a time to talk in more detail! To check out our new website, head over to https://leftbrainwm.com/ If you would like more information about our research service, head to https://leftbrainwm.com/report Email Brian at briand@leftbrainwm.com for details. Get on Brian's calendar directly to discuss a plan for the new bull market at https://m.levitate.ai/67de35-5y0b8m/60-minute-meeting DISCLAIMER: This report contains views and opinions which, by their very nature, are subject to uncertainty and involve inherent risks. Predictions or forecasts, described or implied, may prove to be wrong and are subject to change without notice. All expressions of opinion included herein are subject to change without notice. Predictions or forecasts described or implied are forward-looking statements based on certain assumptions which may prove to be wrong and/or other events which were not taken into account may occur. Any predictions, forecasts, outlooks, opinions, or assumptions should not be construed to be indicative of the actual events which will occur. Investing involves risk, including the possible loss of principal. The opinions and data in this report have been obtained from sources believed to be reliable; neither Left Brain nor its affiliates warrant the accuracy or completeness of such and accept no liability for any direct or consequential losses arising from its use. In addition, please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients, may have positions in one or more of the securities discussed in this communication. Please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients may take positions or effect transactions contrary to the views expressed in this communication based upon individual or firm circumstances. Any decision to effect transactions in the securities discussed within this communication should be balanced against the potential conflict of interest that Left Brain, its principals, employees, agents, affiliates, and advisory clients has by virtue of its investment in one or more of these securities. Past performance is not indicative of future performance. The price of securities can and will fluctuate, and any individual security may become worthless. A high or favorable rating, rating outlook, gauge, or similar opinion is not indicative of future performance, and no user should rely on any such rating, rating outlook, gauge, or similar opinion to predict performance or potential for return. Future performance may not equal projected or forecasted performance or potential for return. All ratings and related analysis, as well as data, statistics, analysis, and opinions contained herein are solely statements of opinion and are not statements of fact or recommendations to purchase, hold, or sell any security or make any other investment decisions. This report may contain “forward-looking” information that is not purely historical in nature. Such information may include, among other things, projections, and forecasts. There is no guarantee that any forecasts made will materialize. Reliance upon information herein is at the sole discretion of the reader. THE REPORT IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT REPRESENTATION OR WARRANTY OF ANY KIND.

Tax day was just 3 months ago, but we think now is the time to start thinking about how to be tax-efficient for next year! In this week's Jarvis® Update, CEO Noland Langford and Director of Research, Brian Dress, cover our three favorite tax strategies for investors, along with a fourth bonus strategy that is one of Noland's favorites! Before we get to taxes, we cover the improving market conditions and our outlook for the 2nd half of 2023 and where we see opportunities continuing to develop. To be clear, we are optimistic that we are in the early stages of a bull market. With that in mind, if you are still sitting on cash in the bank, now is the time to get invested, as we expect a strong market in the second half of 2023. Reach out and we can set up a time to talk in more detail! Topic 1: Outlook for the 2nd Half of 2023 Topic 2: The Top 3 Tax Strategies for Investors To check out our new website, head over to https://leftbrainwm.com/ There you can sign up to receive our weekly emails and also schedule a free portfolio review with us. If you would like more information about our research service, head to https://leftbrainwm.com/report. This week we are out with The Chosen, our favorite stock and bond opportunity for each fiscal quarter. Email Brian at briand@leftbrainwm.com for details. Get on Brian's calendar directly to discuss a plan for the new bull market at https://calendly.com/briandress DISCLAIMER: This report contains views and opinions which, by their very nature, are subject to uncertainty and involve inherent risks. Predictions or forecasts, described or implied, may prove to be wrong and are subject to change without notice. All expressions of opinion included herein are subject to change without notice. Predictions or forecasts described or implied are forward-looking statements based on certain assumptions which may prove to be wrong and/or other events which were not taken into account may occur. Any predictions, forecasts, outlooks, opinions, or assumptions should not be construed to be indicative of the actual events which will occur. Investing involves risk, including the possible loss of principal. The opinions and data in this report have been obtained from sources believed to be reliable; neither Left Brain nor its affiliates warrant the accuracy or completeness of such and accept no liability for any direct or consequential losses arising from its use. In addition, please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients, may have positions in one or more of the securities discussed in this communication. Please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients may take positions or effect transactions contrary to the views expressed in this communication based upon individual or firm circumstances. Any decision to effect transactions in the securities discussed within this communication should be balanced against the potential conflict of interest that Left Brain, its principals, employees, agents, affiliates, and advisory clients has by virtue of its investment in one or more of these securities. Past performance is not indicative of future performance. The price of securities can and will fluctuate, and any individual security may become worthless. A high or favorable rating, rating outlook, gauge, or similar opinion is not indicative of future performance, and no user should rely on any such rating, rating outlook, gauge, or similar opinion to predict performance or potential for return. Future performance may not equal projected or forecasted performance or potential for return. All ratings and related analysis, as well as data, statistics, analysis, and opinions contained herein are solely statements of opinion and are not statements of fact or recommendations to purchase, hold, or sell any security or make any other investment decisions. This report may contain “forward-looking” information that is not purely historical in nature. Such information may include, among other things, projections, and forecasts. There is no guarantee that any forecasts made will materialize. Reliance upon information herein is at the sole discretion of the reader. THE REPORT IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT REPRESENTATION OR WARRANTY OF ANY KIND.

We've been as out front as anyone stating our view that we are in the early days of a bull market. This week we cover one of the biggest turnaround sectors of 2023 -- travel. Whether it be airlines, cruise lines, hotels, or anything tangentially related to travel, it seems to be working. Strength in a consumer sector like travel has us asking: "What Recession?" In this week's Jarvis® Update, CEO Noland Langford and Director of Research, Brian Dress, name a couple of our favorite travel stocks. But before that, we step back for a more general topic -- why we select individual stocks rather than passively investing in index funds. We run through a few facts and figures about the 8th wonder of the world -- compounding. If you are still sitting on cash in the bank, now is the time to get invested, as we expect a strong market in the second half of 2023. Reach out and we can set up a time to talk in more detail! Topic 1: Why We Pick Individual Stocks Topic 2: Travel Stocks -- What Recession? To check out our new website, head over to https://leftbrainwm.com/ There you can sign up to receive our weekly emails and also schedule a free portfolio review with us. If you would like more information about our research service, head to https://leftbrainwm.com/report This week we are offering a special for those interested in becoming a subscriber and receiving 6-8 new stock reports per month and access to our library of 100s of reports. If you subscribe in the next 7 days, you can lock in a $99/month rate ($299 regular price). Email Brian at briand@leftbrainwm.com for details. Get on Brian's calendar directly to discuss a plan for the new bull market at https://calendly.com/briandress DISCLAIMER: This report contains views and opinions which, by their very nature, are subject to uncertainty and involve inherent risks. Predictions or forecasts, described or implied, may prove to be wrong and are subject to change without notice. All expressions of opinion included herein are subject to change without notice. Predictions or forecasts described or implied are forward-looking statements based on certain assumptions which may prove to be wrong and/or other events which were not taken into account may occur. Any predictions, forecasts, outlooks, opinions, or assumptions should not be construed to be indicative of the actual events which will occur. Investing involves risk, including the possible loss of principal. The opinions and data in this report have been obtained from sources believed to be reliable; neither Left Brain nor its affiliates warrant the accuracy or completeness of such and accept no liability for any direct or consequential losses arising from its use. In addition, please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients, may have positions in one or more of the securities discussed in this communication. Please note that Left Brain, including its principals, employees, agents, affiliates, and advisory clients may take positions or effect transactions contrary to the views expressed in this communication based upon individual or firm circumstances. Any decision to effect transactions in the securities discussed within this communication should be balanced against the potential conflict of interest that Left Brain, its principals, employees, agents, affiliates, and advisory clients has by virtue of its investment in one or more of these securities. Past performance is not indicative of future performance. The price of securities can and will fluctuate, and any individual security may become worthless. A high or favorable rating, rating outlook, gauge, or similar opinion is not indicative of future performance, and no user should rely on any such rating, rating outlook, gauge, or similar opinion to predict performance or potential for return. Future performance may not equal projected or forecasted performance or potential for return. All ratings and related analysis, as well as data, statistics, analysis, and opinions contained herein are solely statements of opinion and are not statements of fact or recommendations to purchase, hold, or sell any security or make any other investment decisions. This report may contain “forward-looking” information that is not purely historical in nature. Such information may include, among other things, projections, and forecasts. There is no guarantee that any forecasts made will materialize. Reliance upon information herein is at the sole discretion of the reader. THE REPORT IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT REPRESENTATION OR WARRANTY OF ANY KIND. Left brain Wealth Management DISCLAIMS ALL EXPRESS AND IMPLIED WARRANTIES WITH RESPECT TO THE REPORT, INCLUDING, BUT NOT LIMITED TO, ANY WARRANTIES OF ACCURACY, TIMELINESS, COMPLETENESS, MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE. The Report is current only as of the date set forth herein. Left Brain Wealth Management has no obligation to update the Report, or any material or content set forth herein.

It's certainly been a tough road the last 18 months, but finally we see the clouds beginning to part in markets. We have seen great strength in the growth areas of the market, sure, but things are beginning to widen out and we are ready to make that the call that we are finally back into bull market territory! In this week's Jarvis® Update, CEO Noland Langford and Director of Research, Brian Dress, answer affirmatively that we are looking at the very beginning stages of a bull market. Of course this creates a dilemma for those investors who have been sitting on the sidelines in cash, CDs, and in other "low risk" instruments. We provide some thoughts for those investors wondering whether or not it is too late to get involved in the market rally. (Spoiler alert: we think it is not!) If you are still sitting on cash in the bank, now is the time to get invested, as we expect a strong market in the second half of 2023. Reach out and we can set up a time to talk in more detail! Topic 1: It's Looking Like a Bull Market Topic 2: What to Do if You are Still Sitting on the Sidelines To check out our new website, head over to https://leftbrainwm.com/ We would appreciate your feedback! There you can sign up to receive our weekly emails and also leave your information with us if you would like to schedule a free portfolio review with us. If you would like more information about our research service, head to https://leftbrainwm.com/report Get on Brian's calendar directly to discuss a plan for the new bull market at https://calendly.com/briandress

Boy, are we glad to put the debt ceiling fiasco behind us! Markets have started to gain steam, both from the resolution of the debt ceiling, but even more because of the continued emergence of AI as an investment theme. In this week's Jarvis® Update, we cover the new market dynamic we seem to be seeing, especially in the world's largest growth stocks. From there, CEO Noland Langford and Director of Research, Brian Dress, discuss the massive divergence we are seeing in performance between the world's 10 biggest companies and everything else. The S&P 500, a market-weighted index, is up more than 10% Year-to-Date, while the RSP, the equal-weighted S&P index, is up just a fraction of a percent. We give you our thoughts on whether this dynamic will continue. We are starting to become more bullish on both the stock and bond markets and we are as optimistic as we have been in some time. If you are still sitting on cash in the bank, now is the time to get invested, as we expect a strong market in the second half of 2023. Reach out and we can set up a time to talk in more detail! Topic 1: Market Divergence is Getting Extreme Topic 2: Artificial Intelligence Dominates the Conversation To check out our new website, head over to https://leftbrainwm.com We would appreciate your feedback! Get signed up to our mailing list to receive all of our investment content (video and written) to your inbox every Saturday morning: https://leftbrainir.com/jarvisnewsletter For a portfolio review and to learn more about our growing list of fixed income investment opportunities that we are locking in as interest rates start to fall https://leftbrainir.com/free-portfolio-review Get on Brian's calendar directly to discuss a plan for market recovery at https://calendly.com/briandress  

Markets are starting to heat up as earnings season slowly winds down. In this week's Jarvis® Update, we answer the question that is on many investors' minds as things start to firm up in the financial markets: Is it time to shift from defense to offense? CEO Noland Langford and Director of Research, Brian Dress, answer that question in the affirmative, as they cover the market events of the past week. We are fully aware of the negative news flow out there, including issues with regional banks and a constant drumbeat calling for an imminent recession. As Brian notes in today's video, everything points to a recession except the data! We cover the latest earnings, as well as the opportunity we think is created by the enormous divergence between megacap tech stocks and everything else in the market! If you are looking for looking for a strategy to position yourself in the market recovery that appears to be taking shape, don't hesitate to reach out and we can set up a time to talk in more detail! Topic 1: The Market Climbs a Wall of Worry Topic 2: Let's Talk About Some Good News Get signed up to our mailing list to receive all of our investment content (video and written) to your inbox every Saturday morning: https://leftbrainwm.com/newsletter For a portfolio review and to learn more about our growing list of fixed income investment opportunities that we are locking in as interest rates top out https://leftbrainwm.com/contact-us#call-back Get on Brian's calendar directly to discuss a plan for market recovery at https://calendly.com/briandress

An awful lot happened over the past week in the markets. The week started with another banking wind down in First Republic Bank. But by the end of the week, markets showed excellent resilience, especially after a very strong Friday. In this week's Jarvis® Update, we briefly cover the macroeconomic events of the banking crisis and this week's Federal Reserve rate hike announcement. From there, CEO Noland Langford and Director of Research, Brian Dress, dig into the week's torrent of earnings reports. We talk through a handful of earnings reports and our thoughts, along with a pattern that we have seen in a number of the releases. Many companies we have reviewed announced pretty solid 1st quarter earnings, but decreased guidance led to a number of negative reactions in companies with strong businesses. The takeaway is that stock reactions to earnings are often random. What matters the most is the ongoing trajectory of a business, more than a snapshot in time. If you still have cash sitting in the bank, now is the time to act to get something locked in with a higher return for a longer duration. Reach out and we can set up a time to talk in more detail! Topic 1: The Macro Comes Roaring Back into Focus Topic 2: Earnings Season Rages On Get signed up to our mailing list to receive all of our investment content (video and written) to your inbox every Saturday morning: https://leftbrainir.com/jarvisnewsletter For a portfolio review and to learn more about our growing list of fixed income investment opportunities that we are locking in as interest rates start to fall https://leftbrainir.com/free-portfolio-review Get on Brian's calendar directly to discuss a plan for market recovery at https://calendly.com/briandress  

This week's market action was pretty boring. But after a volatile first three months of the year, we are actually happy to see calmer waters in the stock market seas! All the major indexes were up at least a fraction of a percent this week, with the small cap Russell 2000 index showing outperformance and gaining more than 2% in value over the last week. What's more, we saw the VIX (the volatility index) tick below 18 this week. We haven't seen that low of a volatility print in some time now, suggesting that investors are becoming more comfortable with the market environment. On this week's episode, CEO Noland Langford and Director of Research, Brian Dress, discuss the week's market events. We have noticed that despite the volatility of the year, where we are seeing steadiness is in the bond markets. Credit spreads have remained narrow in the face of all the recession talk you hear in the media, which suggests to us that things are looking up for 2023 and beyond. We are moving swiftly into the teeth of earnings season, which began with earnings reports from the world's major banks. Noland shares with us some of the areas he will be watching as we process the deluge of earnings -- tech (specifically the "FANG" stocks), along with financials and small to mid-cap stocks. Topic 1: A Boring Market -- But Boring Can Be Good Topic 2: Preview of the Q1 Earnings Season Get signed up to our mailing list to receive all of our investment content (video and written) to your inbox every Saturday morning: https://leftbrainir.com/jarvisnewsletter If you still have cash sitting in the bank, now is the time to act to get something locked in with a higher return for a longer duration. Reach out and we can set up a time to talk in more detail! For a portfolio review and to learn more about our growing list of fixed income investment opportunities that we are locking in as interest rates start to fall https://leftbrainir.com/free-portfolio-review Get on Brian's calendar directly to discuss a plan for market recovery at https://calendly.com/briandress

The first quarter in the markets has been anything but dull. We've seen volatility in interest rates, Federal Reserve rate hikes, and a mini-banking crisis, but we've still weathered the storm. We are as optimistic as ever, but also with the understanding the prices may not move up in a straight line from here. The opportunities both in growth stocks and in fixed rate securities are still plentiful, but we see interest rates starting to fall, which means the chance to lock in 7-8% annual return in quality corporate bonds won't be here for much longer. Take a listen to our first quarter review and the thoughts of CEO Noland Langford and Director of Research, Brian Dress, for the rest of 2023 (and beyond). We welcome your thoughts in the comments and we'd be happy to answer any questions. If you still have cash sitting in the bank, now is the time to act to get something locked in with a higher return for a longer duration. Reach out and we can set up a time to talk in more detail! Topic 1: First Quarter in Review Topic 2: Outlook for the Rest of 2023 (and Beyond) Get signed up to our mailing list to receive all of our investment content (video and written) to your inbox every Saturday morning: https://leftbrainir.com/jarvisnewsletter For a portfolio review and to learn more about our growing list of fixed income investment opportunities that we are locking in as interest rates start to fall https://leftbrainir.com/free-portfolio-review Get on Brian's calendar directly to discuss a plan for market recovery at https://calendly.com/briandress

It's March Madness, but with this week's news, it's hard to tell if we are talking basketball or the banking industry! On this week's Jarvis® Update, CEO Noland Langford and Director of Research, Brian Dress, discuss the failures of Silicon Valley Bank and Signature Bank, along with the troubles at First Republic (FRC). We first give our thoughts on how investors with money particularly in regional and community banks should proceed in light of the news. The most important thing is first to make sure your bank is FDIC insured and second, if you have cash over and above the level of FDIC insurance, you should consider decreasing the concentration of your savings in one institution. We think, however, that think banking mini-crisis creates opportunity for investors. First of all, we think this episode marks the end of the Fed's rate hiking cycle. We may see one more rate increase next week, but clearly the pace of rate hikes has created a structural problem in the banking industry that means rate increases cannot go on forever. With rates moving lower (the 2-year US Treasury rate dropped from over 5% to under 4% in just one week!), we are starting to see outperformance in growth and tech stocks. The NASDAQ has consistently performed better than the other indexes in the past few weeks. Now is certainly not the time for panic. Rather, we are rolling up our sleeves and looking for opportunities, not only in growth stocks. But also we are liking the chances we are seeing to lock in very generous rates of return in corporate bonds before rates start falling again in late 2023. Topic 1: A Good Old-Fashioned Bank Run -- Should We Expect Contagion? Topic 2: Growth Finds Its Footing Get signed up to our mailing list to receive all of our investment content (video and written) to your inbox every Saturday morning: https://leftbrainir.com/jarvisnewsletter For a portfolio review and to learn more about our growing list of fixed income investment opportunities and to hear how we are responding in client accounts to this banking "mini-crisis" head to https://leftbrainir.com/free-portfolio-review Get on Brian's calendar directly to discuss a plan for market recovery at https://calendly.com/briandress  

Earnings season is so crucially important to investors that adhere to a philosophy of investing in the best businesses. Sometimes earnings reports come out and disappoint the market, causing a stock to fall 10, 20, 30% or more immediately. When a stock you own does this, it can be such a crushing and demoralizing blow. The question then becomes: What should you do when your stock flames out after earnings? On this week's Jarvis® Update, CEO Noland Langford and Director of Research, Brian Dress, cover the some of the latest earnings reports and give you some real world examples of how to answer this question in practice in the context of your portfolio. We discuss the earnings coming out of some of the companies we follow, including Snowflake (SNOW), Box (BOX), Pure Storage (PSTG), and Teladoc Health (TDOC). In the video, we go through the process we use to determine whether it is time to Buy More, Hold Tight, or Sell, Sell, Sell. Remember, being a long-term investor means sifting through the short-term noise to find the true trajectory that the BUSINESS is on. If the business is doing well, eventually the stock will follow! Topic 1: Are Earnings Misses Macroeconomic-Driven or Business Specific? Topic 2: What Should You Do When Earnings Miss the Mark? Get signed up to our mailing list to receive all of our investment content (video and written) to your inbox every Saturday morning: https://leftbrainir.com/jarvisnewsletter For a portfolio review and to learn more about our growing list of fixed income investment opportunities, to get more of our detailed thoughts after earnings, and to hear about our stock bounce back list for 2023, head to https://leftbrainir.com/free-portfolio-review Get on Brian's calendar directly to discuss a plan for market recovery at https://calendly.com/briandress

Are you one of the lucky ones that have had cash building up in your checking or savings accounts over the past few years? With interest rates on the rise, there are plenty of ways to take advantage to outpace the rate of interest that your bank is paying you in those accounts. Our CEO Noland Langford and Director of Research, Brian Dress, sat down for a conversation on the best ways you can take advantage of the high class problem of cash building up in your bank accounts. There is a definite order of operations to how you should put cash to work: (1) Pay off any outstanding credit card debt (2) Fill your emergency fund (3) Contribute to your retirement accounts (4) The "Beyond" category -- finding investment vehicles to generate a return, especially in the bond market We end with a bonus discussion of whether it makes sense to pay off your mortgage if you have money burning a hole in your pocket. Spoiler alert: it depends! We would love to help you answer the question of "What Should I Do with Cash in the Bank?" Check the links below to learn how to contact us and have a much broader conversation on how to take better advantage of your strong financial position. Get on Brian's calendar directly to discuss a game plan for how to deploy your excess cash at https://calendly.com/briandress For a portfolio review and to learn more about our growing list of fixed income investment opportunities and our stock bounce back list for 2023, head to https://leftbrainir.com/free-portfolio-review  Get signed up to our newsletter list: https://leftbrainir.com/jarvisnewsletter Sign up for our research service to receive this month's "The Chosen" report and access our library of 100s of full length stock reports at https://leftbrainir.com/subscribe  

Those of you who have followed us for some time know that we are strict adherents to fundamental analysis. And the most important time for fundamental analysts is earnings season. We stand smack in the middle of earnings, moving toward the end, and we have some interesting conclusions. In 2022, we saw negative stock price reactions to earnings almost exclusively, no matter if the business developments were good, bad, or indifferent. What has changed this year is that we are starting to see the opposite reaction to earnings. Even when business is fair to middling, we have seen some very positive earnings reactions. This suggests to us that the bar for results has been lowered by investors. This change in sentiment and reaction is often the signal of a new bull market. On this week's Jarvis® Update, CEO Noland Langford and Director of Research, Brian Dress, cover the some of the latest earnings reports, particularly in the world of growth stocks. We saw a few double-digit gains in stock price after earnings this week, the types of moves we haven't seen since the last bull market. In this installment, we cover the earnings from some of the companies we follow closely, including Airbnb (ABNB), InMode (INMD), and The Trade Desk (TTD), all of which impressed. We also cover some of the less impressive reports and the fact that they didn't send the stocks into a tailspin, as they would've in 2022. Topic 1: The End of the Valuation Reset Topic 2: "Better Than Feared" is Better Than the Alternative Get signed up to our mailing list to receive all of our investment content (video and written) to your inbox every Saturday morning: https://leftbrainir.com/jarvisnewsletter For a portfolio review and to learn more about our growing list of fixed income investment opportunities and our stock bounce back list for 2023, head to https://leftbrainir.com/free-portfolio-review Get on Brian's calendar directly to discuss a plan for market recovery at https://calendly.com/briandress  

With the important February Federal Reserve meeting now behind us, it certainly feels like the mood of investors has changed dramatically. As investors begin coming to the understanding that inflation appears to be in check, there has been a pronounced rotation from the value stocks that dominated 2022 into the types of growth stocks that have struggled in recent years. On this week's Jarvis® Update, CEO Noland Langford and Director of Research, Brian Dress, cover the market's developments in the wake of the latest Fed interest rate increase and commentary from Fed chair Jerome Powell that indicated that the Fed could potentially slow down the pace of rate increases in 2023. Noland's take is that as investors, we may be done spending our time worrying about the Fed's next move and we can return to paying attention to actual developments at the business level. We also discuss some of the earnings reports that are starting to trickle in and take note of the market's reaction to these reports. We observe that regardless of whether earnings reports have been strong or weak, it so far appears that investors are taking these results in stride. When we start to see positive reactions to negative news, that is one sign that we may be close to the next bull market. Topic 1: The Fed and Inflation Topic 2: A Violent Market Rotation Get signed up to our newsletter list: https://leftbrainir.com/jarvisnewsletter Sign up for our research service to receive this month's "The Chosen" report and access our library of 100s of full length stock reports at https://leftbrainir.com/subscribe For a portfolio review and to learn more about our growing list of fixed income investment opportunities and our stock bounce back list for 2023, head to https://leftbrainir.com/free-portfolio-review Get on Brian's calendar directly to discuss a plan for market recovery at https://calendly.com/briandress  

There is plenty of market uncertainty remaining in the air, as we move into 2023 and turn the page on a putrid 2023. There are a number of big questions left unanswered with respect to the direction of markets (stocks, bonds, and otherwise). On this week's Jarvis® Update, CEO Noland Langford and Director of Research, Brian Dress, ask and answer the key questions on our minds as we evaluate the best investment positioning for the coming year. We also discuss some of our favorite sectors and asset classes for 2023 and beyond. It could be a challenging year for the overall market, but there are plenty of pockets where we think investors can find strong performance over the next 12 months. Topic 1: The Biggest Investing Questions of 2023 Topic 2: Our Thoughts on Investment Strategy for the Next Year Get signed up to our newsletter list: https://leftbrainir.com/jarvisnewsletter Sign up for our research service to receive this month's "The Chosen" report and access our library of 100s of full length stock reports at https://leftbrainir.com/subscribe For a portfolio review and to learn more about our growing list of fixed income investment opportunities and our stock bounce back list for 2023, head to https://leftbrainir.com/free-portfolio-review Get on Brian's calendar directly to discuss a plan for market recovery at https://calendly.com/briandress

The momentum the markets had built in recent weeks was derailed over the past few days, as fears again began to creep in ahead of next week's Federal Reserve meeting. Despite the negative price action we saw over the past five days of trading, we remain bullish for investors' prospects into 2023. CEO Noland Langford and Director of Research, Brian Dress, discuss the reasons we remain constructive on the markets, both stocks and bonds. As we have discussed in the past few months, market leadership is likely to shift, as investors are clearly valuing profits much more than they are revenue growth at any price. We cover the opportunity for investors who haven't yet done so to add exposure to energy stocks, which have pulled back significantly over the past few weeks. We think this is the opportunity investors underweight energy may have been waiting for. Finally, we again emphasize the urgency for people with money in the bank to get the cash invested before the Fed reverses course and starts lowering rates, which we think is very possible to happen in 2023. Topic 1: The Week in Review Topic 2: A Sneak Peek into 2023 Get signed up to our newsletter list: https://leftbrainir.com/jarvisnewsletter Sign up for our research service to receive this month's "The Chosen" report and access our library of 100s of full length stock reports at https://leftbrainir.com/subscribe For a portfolio review and to learn more about our growing list of fixed income investment opportunities and our stock bounce back list for 2023, head to https://leftbrainir.com/free-portfolio-review Get on Brian's calendar directly to discuss a plan for market recovery at https://calendly.com/briandress

Investors have been keying on inflation all year to determine the direction of markets. Finally this week we got some good news on that front, as the 7.7% print on the Consumer Price Index (CPI) came in below expectations. We saw one of the strongest market days in recent memory on Thursday after the report, with the NASDAQ gaining more than 7% in a single trading session! Plenty more to talk about this week. Earnings continued rolling in, including from a couple of our favorite companies in Axon Enterprise ($AXON) and EPAM Systems ($EPAM). CEO Noland Langford shares his views on these very strong earnings releases. We would be remiss if we didn't mention the developments in the cryptocurrency space. We saw the blowup of high-profile crypto exchange at FTX, which caused an extreme loss of confidence in the space. We have long cautioned investors to avoid crypto and this is just another data point to support our argument. At the same time, we know some investors are always drawn to speculative investments with upside. We close out this week's show with some alternative investment ideas for the more intrepid investors among us. There are plenty of ways to invest for upside in the public regulated markets, especially with many stocks for quality companies down 50-80% from their all time highs! Topic 1: A Changing Inflation Picture Topic 2: Crypto Blows Up -- What Are Some Alternatives? A reminder of our webinar on Thursday, November 17 at 4pm Central, for our clients, friends, and other investors. We will cover opportunities in the bond markets to take advantage of higher interest rates, including CDs, municipal bonds, and high quality corporate bonds. To reserve your spot, head to https://www.eventbrite.com/e/fortune-makers-income-investment-opportunities-in-todays-markets-tickets-461714670007 Get signed up to our newsletter list: https://leftbrainir.com/jarvisnewsletter Sign up for our research service to receive this month's "The Chosen" report and access our library of 100s of full length stock reports at https://leftbrainir.com/subscribe For a portfolio review and to learn more about our growing list of fixed income investment opportunities, head to https://leftbrainir.com/free-portfolio-review Get on Brian's calendar directly at https://calendly.com/briandress  

Things in the markets are finally starting to look up! We've cut a pessimistic figure over the last few months, and with good reason, but there seem to be signs that it could be time to become positive on investing again. This week CEO Noland Langford and Director of Research, Brian Dress, cover many of the major earnings reports of the week, including from Alphabet ($GOOGL), ServiceNow ($NOW), Shopify ($SHOP), Facebook ($META), Enphase Energy ($ENPH) and many more. The conclusion we are drawing is that as markets do begin to recover is that market leadership is likely to be different than in the last bull market. Large cap tech firms like Amazon and Microsoft may continue to underperform and we are focusing our attention more on opportunities in small and mid-cap stocks. We close out the episode talking bonds again. We know that investors are starting to see CDs offering interest rates of approximately 4% out in the market, but we think investors should be focusing on investment grade corporate bonds, where rates are more like 7%, default risk is low, and where bondholders can maintain liquidity, in contrast to the way CDs tie up your funds. Topic 1: Earnings -- Beat Down Companies Regain Footing Topic 2: Train Leaving the Station on High Quality Bonds? Get signed up to our newsletter list: https://leftbrainir.com/jarvisnewsletter Sign up for our research service to receive this month's "The Chosen" report and access our library of 100s of full length stock reports at https://leftbrainir.com/subscribe For a portfolio review and to learn more about our growing list of fixed income investment opportunities, head to https://leftbrainir.com/free-portfolio-review Get on Brian's calendar directly at https://calendly.com/briandress You can reach Brian at (630) 547-3316 or at briand@leftbrainwm.com

Markets have floundered for most of 2022, but this week we moved again back to our favorite time of the year -- Earnings Season for the just-ended 3rd quarter. What we have heard more than anything from investors over the past few months is the question: "are we close to the bottom in markets?" Our honest answer to that question continues to be "no." In short, market volatility is too high and interest rates are too persistent in their rise for us to turn bullish in markets. This week CEO Noland Langford and Director of Research, Brian Dress, cover some of the most important earnings reports of the week, including Netflix (NFLX), Tesla (TSLA), the financial, and semiconductor companies like Lam Resources (LRCX). We close out the show with our advice of the signs necessary for the markets to put in a durable bottom. We continue to be short-term cautious, but optimistic for the future and, accordingly, we continue to build our shopping list of stocks and bonds for when markets do finally begin to firm. Topic 1: Earnings -- It Begins Topic 2: What Would Be Signs of a Stabilizing Market? Get signed up to our newsletter list: https://leftbrainir.com/jarvisnewsletter Sign up for our research service to receive this month's "The Chosen" report at https://leftbrainir.com/subscribe For a portfolio review and to learn more about our growing list of fixed income investment opportunities, head to https://leftbrainir.com/free-portfolio-review Get on Brian's calendar directly at https://calendly.com/briandress You can reach Brian at (630) 547-3316 or at briand@leftbrainwm.com

With inflation running consistently above 8%, cash sitting in our bank accounts is losing purchasing power quickly! At the same time, both stocks and bonds have fallen throughout 2022. The flipside of downside in markets is opportunity. The opportunities we are seeing are coming mostly in the fixed income markets and in individual bonds, where we are finding a number of investment grade securities where investors can lock in annual yields of 6-8%, coming close to combating the inflation that's hitting your pocketbook at the store, the pump, and everywhere else. This week CEO Noland Langford and Director of Research, Brian Dress, discuss what types of securities we want to avoid in the current bear market. After getting the negative news out of the way, the cover some of the areas where we do favor putting money to work: fixed return securities, high dividend shares like those associated with pipeline operators, and select small and mid cap shares, an area where we have seen consistent outperformance over the past 3 months. We close out the show talking about one particular company that stands on the border between small and mid-cap and operates in a sector where we favor an overweight: healthcare. That stock is InMode (INMD). Topic 1: What Investments to Avoid Topic 2: Cash in the Bank -- Keeping Up with Inflation Get signed up to our newsletter list: https://leftbrainir.com/jarvisnewsletter Sign up for our research service to receive this month's "The Chosen" report at https://leftbrainir.com/subscribe For a portfolio review and to learn more about our growing list of fixed income investment opportunities, head to https://leftbrainir.com/free-portfolio-review Get on Brian's calendar directly at https://calendly.com/briandress You can reach Brian at (630) 547-3316 or at briand@leftbrainwm.com

If we like energy and bonds, why not energy bonds? We love the synergy between two of our favorite segments of the investment markets today, as we see opportunities to lock in passive income streams in the fixed income markets as interest rates continue to rise. In the last couple weeks, we have seen impressive outperformance out of the energy markets. However, because of some issues with liquidity in the credit markets, we have seen the prices of energy bonds drop, even as the corresponding stocks rally! This week CEO Noland Langford and Director of Research, Brian Dress, discuss the fact that this divergence between energy stocks and energy bonds creates a very investible situation for investors waiting to put money to work. In our first topic, we discuss the urgency for investors to lock in generous income streams with high quality bonds. We don't think the opportunity will last forever, as interest rates will peak when the Federal Reserve ultimately and inevitably ends its regime of higher and higher interest rates. We share an example bond from the energy sector with you in our second topic. We like the opportunity to lock in 7% annual return for the next 4 years, with some capital appreciation possibilities which make the strategy tax efficient. Topic 1: Are We Close to the Top in Rates? Topic 2: Energy and Energy Bonds -- A Continued Theme Get signed up to our newsletter list: https://leftbrainir.com/jarvisnewsletter Sign up for our research service to receive this month's "The Chosen" report at https://leftbrainir.com/subscribe For a portfolio review and to learn more about our growing list of fixed income investment opportunities, head to https://leftbrainir.com/free-portfolio-review Get on Brian's calendar directly at https://calendly.com/briandress You can reach Brian at (630) 547-3316 or at briand@leftbrainwm.com

When is the right time to sell? This is a question we address in this week's Jarvis® Update, one that has been on the mind of many investors as markets continue to struggle. This week CEO Noland Langford and Director of Research, Brian Dress, cover the fact that macroeconomic conditions like interest rates and inflation, along with the Federal Reserve, are driving everything in this market. Our second topic is "When to Sell?". When we look at an investment, we want to see four major characteristics: (1) accelerating sales and profits, (2) reasonable valuation, (3) positive stock price action, and (4) some catalyst on the horizon. We take a look at a company we've covered for many years, Nvidia (NVDA) in the context of these characteristics. Noland explains that NVDA is 0 for 4 on these metrics and, thus, it's probably time to sell. Even if a stock is already down significantly, we still need to look at things through this prism. Topic 1: Macroeconomic Picture: Driving All Markets Topic 2: When to Sell -- A Case Study: Nvidia (NVDA) Get signed up to our newsletter list: https://leftbrainir.com/jarvisnewsletter Sign up for our research service to receive this month's "The Chosen" report at https://leftbrainir.com/subscribe For a portfolio review and to learn more about our growing list of fixed income investment opportunities, head to https://leftbrainir.com/free-portfolio-review Get on Brian's calendar directly at https://calendly.com/briandress You can reach Brian at (630) 547-3316 or at briand@leftbrainwm.com