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Category Archives: Economy

Jobs report sends S&P 500 to record high

Do not buy the hype from Wall Street and the press that stocks always go up. There are long periods when stocks do nothing and other investments are better. – Jim Rogers Records are made to be broken and after breaking through technical resistance at the 1,850 level on the S&P 500 Index, this broad-based […]

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Stocks gain on Yellen remarks, S&P 500 at all-time high

I think you have to learn that there’s a company behind every stock and there’s only one real reason why stocks go up. Companies go from doing poorly to doing well or small companies grow to large companies. – Peter Lynch After knocking on the door for several weeks, the S&P 500 Index finally broke […]

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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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Weak growth in China sinks stocks

When stocks are attractive, you buy them. Sure, they can go lower. I’ve bought stocks at $12 that went to $2 but then, they later go to $30. You just don’t know when you can find the bottom. – Peter Lynch, American businessman and stock investor, research consultant at Fidelity Investments and former manager of […]

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Market little changed after earnings

Most people give up just when they are about to achieve success. They quit on the one-yard line. They give up at the last minute of the game one-foot from the winning touchdown. – Henry Ross Perot, American businessman and real estate developer In a fairly volatile week that saw the S&P 500 Index reach […]

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December employment report disappoints investors

The markets generally are unpredictable, so that one has to have different scenarios. The idea that you can actually predict what’s going to happen contradicts my way of looking at the market. – George Soros, American business magnate, investor and philanthropist In a surprise announcement that caught most market observers and investors off guard, the […]

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Stock market begins new year in the red

The older I get, the more I see a straight path where I want to go. If you’re going to hunt elephants, don’t get off the trail for a rabbit. – T. Boone Pickens, American business magnate and financier, corporate raider and takeover specialist during the 1980s After finishing the year at an all-time high […]

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