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Monthly Archives: July 2016

Stocks edge higher on earnings, manufacturing data

It would be wonderful if we could avoid the setbacks with timely exits, but nobody has figured out how to predict them. – Peter Lynch For the fourth consecutive week, the S&P 500 Index posted a gain and in the process set a new record closing high of 2,175 while the Dow Jones Industrial Average […]

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S&P 500 hits an all-time high on earnings, economic data

To achieve satisfactory investment results is easier than most people realize; to achieve superior results is harder than it looks. – Benjamin Graham Both the Dow Jones Industrial Average and the S&P 500 Index hit all-time highs last week, making the lows reached four days after the Brexit vote seem like a distant memory. Since […]

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S&P 500 near all-time high on strong jobs data for June

I never make a prediction that can be proved wrong in 24 hours. – Louis Rukeyser Worries that the weak May employment report could be an ominous sign of a slowing U.S. economy were eliminated on Friday as the June jobs report far exceeded everybody’s expectations. As a result, the S&P 500 Index soared over […]

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Stocks soar as investors rethink Brexit vote

More money has been lost trying to anticipate and protect from corrections than actually in them. – Peter Lynch Investors had second thoughts about the effects of the Brexit vote on global stock markets last week and decided that there won’t be any immediate consequences. All of the major U.S. stock averages rallied at least […]

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