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Monthly Archives: November 2017

S&P 500, Nasdaq close at record highs on earnings, holiday shopping optimism

Individuals who cannot master their emotions are ill-suited to profit from the investment process. – Benjamin Graham The stock market has historically been strong during Thanksgiving week and it did not disappoint investors this past week. Fueled by optimism that this will be a strong holiday shopping season, both the S&P 500 Index and the […]

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S&P 500 closes modestly lower despite continued strong earnings

I have probably purchased fifty hot tips in my career, maybe even more. When I put them all together, I know I am a net loser. – Charles Schwab Even though the Dow Jones Industrial Average and the S&P 500 Index posted their first two-week losing streak since August, the stock market showed its resiliency […]

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S&P 500 winning streak snapped over tax reform uncertainty

In this business if you’re good, you’re right six times out of ten. You’re never going to be right nine times out of ten. – Peter Lynch After eight consecutive weeks of gains, investors decided to take some profits last week as both the S&P 500 Index and the Dow Jones Industrial Average closed modestly […]

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Strong momentum powers S&P 500 to record high

Individuals who cannot master their emotions are ill-suited to profit from the investment process. – Benjamin Graham Driven by continued strong momentum by the market’s best-performing stocks, all three of the major stock averages closed at record high levels last week. It was the eighth consecutive weekly gain for the Dow Jones Industrial Average and […]

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