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Monthly Archives: December 2014

Strong GDP growth lifts stocks to record highs

In this business if you’re good, you’re right six times out of ten. You’re never going to be right nine times out of ten. – Peter Lynch Stocks continued their positive momentum in the holiday-shortened week as the Dow Jones Industrial Average eclipsed the 18,000 level for the first time ever and remained solidly above […]

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Stocks surge on dovish Fed statement

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 After tumbling by 3.5% the previous week, the S&P 500 Index came roaring back last week and recouped almost all that it […]

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Plunging oil prices rattle the stock market

Your ultimate success or failure will depend on your ability to ignore the worries of the world long enough to allow your investments to succeed. It isn’t the head but the stomach that determines the fate of the stock-picker. – Peter Lynch After seven consecutive weeks of stock market gains, the major averages were overdue […]

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Strong employment data lifts Dow, S&P 500 to record highs

My experience indicates that most people who’ve accumulated a great deal of wealth haven’t had that as their goal at all. Wealth is only a by-product, not the original motivation. – Michael Milken The Dow Jones Industrial Average and the S&P 500 Index continued their torrid pace last week as both major averages closed at […]

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Dow closes at record high as oil prices tumble

If past history was all there was to the game, the richest people would be librarians. – Warren Buffett In a holiday-shortened week characterized by light trading volume and plunging oil prices, the Dow Jones Industrial Average and the S&P 500 Index eked out modest gains with the Dow closing at yet another record high. […]

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