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Category Archives: Economy

Stocks gain on economic data, stable oil prices

With enough insider information and a million dollars, you can go broke in a year. – Warren Buffett Stronger than expected economic data and oil prices that stabilized above $30 a barrel helped propel all of the major stock averages higher for the second consecutive week. Early in the week, the International Energy Agency said […]

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S&P 500 rebounds as oil prices rise

Politicians like to tell people what they want to hear – and what they want to hear is what won’t happen. – Paul Samuelson All of the major stock averages rebounded last week to post healthy gains but whether or not this momentum will continue is questionable. Much of the strength in stock prices was […]

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Fed Chair Yellen fails to calm investors, stocks close lower

You shouldn’t own common stocks if a 50% decrease in their value in a short period of time would cause you acute distress. – Warren Buffett Both the Dow Jones Industrial Average and the S&P 500 Index snapped a 5-day losing streak on Friday but it wasn’t enough for stocks to overcome posting modest losses […]

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Stocks fall on weak economic data, recession fears

Every once in a while, the market does something so stupid it takes your breath away. – Jim Cramer The January employment report released on Friday could be viewed both positively and negatively but investors chose the latter, sending the S&P 500 Index lower by almost 2%. The government reported that 151,000 new jobs had […]

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Stocks rally after Bank of Japan cuts interest rates

While it might seem that anyone can be a value investor, the essential characteristics of this type of investor – patience, discipline and risk-aversion – may well be genetically determined. – Seth Klarman, American billionaire who founded one of the world’s largest hedge funds After languishing in the red for most of the week, the […]

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Stocks close higher as oil prices rebound

You don’t need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the guy with the 130 IQ. – Warren Buffett If you like the thrill, excitement and terrifying ups and downs of a roller coaster ride, then the action in the stock market last week […]

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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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