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Stocks fall on renewed Fed rate hike fears

What counts for most people in investing is not how much they know, but rather how realistically they define what they don’t know. – Warren Buffett Negative sentiment returned to the stock market last week as both the S&P 500 Index and the Dow Jones Industrial Average fell more than 3% after a mixed jobs […]

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Stocks plunge, rebound to end week slightly higher

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 The S&P 500 Index went on a roller coaster ride last week, plunging more than 12% from its 2015 highs on Tuesday only to finish the week in […]

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S&P 500 plunges on global growth fears

We have long felt that the only value of stock forecasters is to make fortune-tellers look good. – Warren Buffett What had been manageable losses for the major stock averages unexpectedly turned ugly on Friday as stocks plunged, contributing to a painful decline of 6% for the week. It was the biggest weekly point drop […]

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Stocks rally to close higher after China devalues currency

If you are not willing to own a stock for 10 years, do not even think about owning it for 10 minutes. – Warren Buffett An unexpected Chinese currency devaluation sent shock waves through the stock market last week but stocks were able to regain their footing and finished slightly higher by Friday’s close. In […]

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S&P 500 Index rebounds despite mixed earnings results

We want these assets to be productive. We buy them. We own them. To say we care only about the short term is wrong. What I care about is seeing these assets in the best hands. – Carl Icahn Despite weak earnings results from some bellwether companies last week, the S&P 500 Index managed to […]

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Stocks drop on global growth concerns, disappointing earnings

Know what you own, and know why you own it. – Peter Lynch Unlike the prior week that produced mostly positive earnings surprises, disappointing earnings this past week led to losses of between 2% and 3% for the major stock averages. While the S&P 500 Index lost just over 2%, the Dow Jones Industrial Average […]

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Stocks rally on Greece resolution, strong earnings

Invest in yourself. Your career is the engine of your wealth. – Paul Clitheroe A combination of positive overseas news involving Greece and China as well as a strong start to the second quarter earnings season caused U.S. stocks to post impressive gains last week. While the broad market as measured by the S&P 500 […]

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S&P 500 rallies to close flat amid global turmoil

The investor should have a definite selling policy for all his common stock commitments, corresponding to his buying techniques. – Benjamin Graham Despite a number of potential market-moving events last week that could have caused stocks to correct, both the S&P 500 Index and the Dow Jones Industrial Average barely budged. In a testament to […]

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Anxiety over Greece sinks stocks

There’s always been the position that the small investor has no chance against the big institutions. – Peter Lynch After falling about 2% on Monday on fears of a Greek default, both the S&P 500 Index and the Dow Jones Industrial Average recouped some of their losses and finished the week lower by about 1%. […]

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Stocks post modest losses as Greek drama weighs

That it is perfectly proper to buy stocks for speculation. There is no crime in that. When you buy stocks for speculation it is perfectly proper to take speculative factors into account, which are different from investment factors. – Benjamin Graham The major stock averages drifted lower last week as the specter of a Greek […]

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