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Major stock averages close mixed as tensions with Iran likely to escalate

You can line up more experts than you can shake a stick at, but none can predict with certainty what investors really want to know: How will the market do tomorrow, or next week, or next year? – John Neff After soaring in 2019, the major stock averages took a breather last week and closed […]

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Nasdaq tops 9,000 and S&P 500, Dow close at all-time highs

People who thought there was a bubble, and that prices were too high, find themselves questioning their own earlier judgements, and start to wonder whether fundamentals are indeed driving the price increase. – Robert J. Shiller In the holiday-shortened week, the stock market continued its climb higher into rarefied air as the Dow Jones Industrial […]

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Strong momentum propels stocks to record highs

When people discover they are no good at baseball or hockey, they put away their bats and their skates and they take up amateur golf or stamp collecting or gardening. But when people discover they are no good at picking stocks, they are likely to continue to do it anyway. – Peter Lynch What a […]

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Stocks rise as U.S. and China reach phase one trade agreement

I think that stocks have been this tremendous, tremendous equalizer for people in this country. Guys who can’t make a lot of money at their jobs have been able to make a lot of money in the stock market. – Jim Cramer There was no shortage of good news last week and, as a result, […]

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Stocks rally after strong jobs report to erase steep losses

A pessimist sees the difficulty in every opportunity, an optimist sees the opportunity in every difficulty. – Winston Churchill In a dramatic turnaround, the Dow Jones Industrial Average rallied 337 points on Friday and nearly erased a 370-point deficit from earlier in the week, closing lower by just 36 points or 0.1%. The S&P 500 […]

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S&P 500 closes strong November with gains on positive economic data

Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves. – Peter Lynch The stock market resumed its uptrend in the holiday-shortened week, making it gains in five of the last six weeks, as economic data was mostly favorable and optimism remained […]

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Stocks fall victim to profit-taking after posting all-time highs

When navigating the financial markets, the long-term investor must keep in mind the four basic dimensions of long-term return – reward, risk, cost and time – and must apply them to every asset class. Never forget that these four dimensions are remarkably interdependent. – John Bogle After reaching all-time highs the previous week, investors decided […]

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Trade deal optimism propels Dow over 28,000, a new all-time high

Other people’s fear is your friend, because it drives the price of stocks down. Your own fear is your enemy. – Warren Buffett The Dow Jones Industrial Average closed above 28,000 for the first time ever last week and in doing so, established a new all-time high. Both the S&P 500 Index and the Nasdaq […]

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Fed rate cut & strong jobs data send S&P 500 to record high

When it comes to investing, we want our money to grow with the highest rates of return, and the lowest risk possible. While there are no shortcuts to getting rich, there are smart ways to go about it. – Phil Town, hedge fund manager and author All three major stock averages closed at record highs […]

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Strong earnings, trade optimism lift S&P 500 close to its all-time high

What seems too high and risky to the majority generally goes higher and what seems low and cheap generally goes lower. – William O’Neil, American entrepreneur, stock broker and writer The S&P 500 Index closed higher for the third consecutive week and came within three points of its record high close set back on July […]

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