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Monthly Archives: December 2015

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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