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S&P 500 closes lower on global growth fears, falling oil prices

I have found that when the market’s going down and you buy funds wisely, at some point in the future, you will be happy. You won’t get there by reading. Now is the time to buy. – Peter Lynch In another volatile week for stocks, the S&P 500 Index closed lower again and officially entered […]

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S&P 500 tumbles 6% on China growth fears, volatility

No one’s ever achieved financial fitness with a January resolution that’s abandoned by February. – Suze Orman There is an old saying that as January goes, so goes the year and if last week is any indication, 2016 could be another difficult year for the stock market. Both the Dow Jones Industrial Average and the […]

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S&P 500 closes lower, ends year in red as oil prices slide

Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can’t buy what is popular and do well. – Warren Buffett In a fitting end to what could be described as a difficult and frustrating year for investors, the S&P 500 Index closed […]

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S&P 500 posts strong gains as oil prices move higher

Be always at war with your vices, at peace with your neighbors, and let each New Year find you a better person. – Benjamin Franklin In a relatively quiet, holiday-shortened week, Santa Claus made his appointed rounds on Christmas Eve and also paid a visit to Wall Street as stocks rebounded with strong gains. After […]

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Stocks relinquish gains after Fed rate hike

Maybe Christmas, he thought, doesn’t come from a store. Maybe Christmas…perhaps…means a little bit more. – Dr. Seuss from How the Grinch Stole Christmas What looked like an auspicious start to the week for stocks ended in a sea of red ink as the market Stgave back its gains to close slightly lower in volatile […]

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Stocks tumble on falling oil prices & Fed rate hike fears

Money has never made man happy, nor will it. There is nothing in its nature to produce happiness. The more of it one has the more one wants. – Benjamin Franklin In the aftermath of OPEC’s decision not to reduce oil production, the price of oil plunged last week to below $36 a barrel and […]

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Volatile week ends with S&P 500 virtually unchanged

In the long run, it’s not just how much money you make that will determine your prosperity. It’s how much of that money you put to work by saving it and investing it. – Peter Lynch The S&P 500 Index ended the week virtually unchanged but that does not tell the whole story as stocks […]

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Mixed economic data leaves S&P 500 flat

Cash combined with courage in a time of crisis is priceless. – Warren Buffett In a holiday-shortened week characterized by light trading and an absence of any significant market-moving economic data, the S&P 500 Index closed basically flat and has risen less than 1% for the month of November. For the most part, the economic […]

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Stocks rebound on FOMC minutes, strong retail earnings

Value investing is at its core the marriage of a contrarian streak and a calculator. – Seth Klarman, American billionaire who founded one of the world’s largest hedge funds The major stock averages rebounded strongly last week to recover most of what they had lost the previous week as investors embraced an all but certain […]

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Stocks tumble on weak retail sales data, earnings

  The underlying principles of sound investment should not alter from decade to decade, but application of these principles must be adapted to significant changes in the financial mechanisms and climate. – Benjamin Graham All good things must come to an end. That was never more evident than last week as Wall Street’s winning streak […]

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