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Monthly Archives: February 2014

Mixed economic data weighs on stocks

My two rules of investing: Rule one – never lose money. Rule two – never forget rule one. – Warren Buffett In a holiday-shortened week that was marked by mixed economic data, both the S&P 500 Index and the Dow Jones Industrial Average closed down slightly, ending a two-week winning streak. The previous week was […]

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Stocks surge on earnings, Yellen comments

I don’t think there is any other quality so essential to success of any kind as the quality of perseverance. It overcomes almost everything, even nature. – John D. Rockefeller Despite weak economic data last week, the stock market posted its second consecutive weekly gain and has now recovered almost all that it had lost […]

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Stocks climb on weak jobs report

  Look at market fluctuations as your friend rather than your enemy. Profit from folly rather than participate in it. – Warren Buffett   After a disappointing employment report in December, a bigger than expected decline in durable goods orders for December and a weak ISM manufacturing index to start the week, investors were beginning […]

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Emerging market fears grip market

Buy when everyone is selling and hold when everyone else is buying. This is not merely a catchy slogan. It is the very essence of successful investments. – J. Paul Getty, Anglo-American industrialist who founded Getty Oil Company, named by Fortune magazine as the richest living American in 1957 Not since May 2012 has the […]

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