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Tech stocks power market higher, but trade issues remain unresolved

People hear a tip on a bus on some stock. They’ll put half their life savings in it before sunset and wonder why they lose money in the market. – Peter Lynch All three of the major stock averages posted solid gains last week but the results could have been even better were it not […]

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S&P 500, Nasdaq Composite hit record highs on continued strong earnings

Speculation is an effort, probably unsuccessful, to turn a little money into a lot. Investment is an effort, which should be successful, to prevent a lot of money from becoming a little. – Fred Schwend Jr., American stock broker turned author and best known for his book, Where Are the Customers’ Yachts? Both the S&P […]

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S&P 500 closes higher on optimism over U.S. and China trade talks

One of my greatest complaints about forecasters is that they seem to ignore their own records. The amazing thing to me is that these people will go on making predictions with a straight face, and the media will continue to carry them. – Howard Marks The Dow Jones Industrial Average brushed aside worries over Turkey’s […]

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S&P 500 closes modestly lower after plunge in Turkey’s currency

It’s waiting that helps you as an investor, and a lot of people just can’t stand to wait. If you didn’t get the deferred-gratification gene, you’ve got to work very hard to overcome that. – Charlie Munger The major stock averages were headed for solid gains last week before news broke on Friday that the […]

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S&P 500 closes higher for fifth consecutive week on strong earnings

There are two kinds of forecasters: those who don’t know, and those who don’t know they don’t know. – John Kenneth Galbraith The Nasdaq Composite Index snapped its two-week losing streak as Apple topped earnings and revenue expectations while the S&P 500 Index closed higher for the fifth consecutive week on continued strong corporate earnings […]

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Strong earnings lift S&P 500 higher, but Facebook’s weak outlook hurts tech sector

Anything can happen in stock markets and you ought to conduct your affairs so that if the most extraordinary events happen, that you’re still around to play the next day. – Warren Buffett In the busiest week of the second quarter earnings season, the major stock averages closed mixed as the Dow Jones Industrial Average […]

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S&P 500 closes flat as strong earnings offset by trade war fears

It would be wonderful if we could avoid the common setbacks with timely exits. – Peter Lynch It was a tug of war last week between second quarter corporate earnings reports on one side and continued talk of increased tariffs and trade war fears on the other side. When the markets finally closed on Friday, […]

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Stocks overcome trade war fears to post solid gains

Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future. – Warren Buffett The stock market overcame persistent trade war fears last week to post solid gains as the second quarter earnings season began. The Dow Jones Industrial Average managed to climb back above the 25,000 level, the […]

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Major stock averages post gains as strong jobs report trumps trade war fears

People who succeed in the stock market also accept periodic losses, setbacks and unexpected occurrences. Calamitous drops do not scare them out of the game. – Peter Lynch In a holiday-shortened week, all three major stock averages rebounded with the technology-laden Nasdaq Composite Index turning in the best performance with a gain of over 2%. […]

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Stocks close lower on continued trade war fears

The intelligent investor is a realist who sells to optimists and buys from pessimists. – Benjamin Graham The Dow Jones Industrial Average was poised to end the second quarter with a gain of nearly 300 points on Friday but the rally fizzled in the last hour of trading and the index managed a gain of […]

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