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Category Archives: Economy

S&P 500 Index edges higher ahead of Fed meeting

Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it. – Warren Buffett Increased uncertainty over the strength of the economy and the possibility of an interest rate hike by the Federal Reserve continued to weigh on stocks last week but the S&P 500 Index still […]

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Stocks drop over 2% on Fed rate hike fears

The broker said the stock was “poised to move.” Silly me, I thought he meant up. – Randy Thurman, CFP, CPA and noted author and one of the nation’s most trusted investment advisors In a week marked by few quarterly earnings reports and even fewer pieces of economic data, stocks plummeted more than 2% on […]

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Stocks close modestly higher as Fed rate hike fears fade

Every portfolio benefits from bonds; they provide a cushion when the stock market hits a rough patch. But avoiding stocks completely could mean your investment won’t grow any faster than the rate of inflation. – Suze Orman The major stock averages closed modestly higher last week as a weaker than expected jobs report probably took […]

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Stocks post modest losses on Fed rate hike fears

Games are won by players who focus on the playing field – not by those whose eyes are glued to the scoreboard. – Warren Buffett Economic data and quarterly corporate earnings reports took a back seat last week to the speech on Friday by Fed Chair Janet Yellen at the Federal Reserve’s annual conference in […]

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Stock averages close flat in listless summer trading

As in roulette, same is true of the stock trader, who will find that the expense of trading weights the dice heavily against him. – Benjamin Graham After rising to all-time highs on Monday, the major stock averages fell back slightly and ended the week virtually flat as volume continued to remain relatively low. Lack […]

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Stocks edge higher but July retail sales disappoint

The key to making money in stocks is not to get scared out of them. – Peter Lynch The dog days of summer have set in and the major stock averages reflected the August doldrums last week as trading volume was light and stocks were little changed. Although stocks edged slightly higher for the week, […]

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S&P 500, Nasdaq at record highs on strong jobs data

Your success in investing will depend, in part, on your character and guts, and in part on your ability to realize at the height of ebullience and the depth of despair alike, that this too shall pass. – John Bogle Both the S&P 500 Index and the Nasdaq Composite Index closed at record highs on […]

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Nasdaq jumps over 1% on strong technology earnings

The best investment you can make is an investment in yourself…The more you learn, the more you’ll earn. – Warren Buffett The S&P 500 Index had its weekly winning streak snapped at four as it closed slightly lower on weak trading volume but remains within two points of its all-time high. The best performing stock […]

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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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