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Category Archives: Economy

S&P 500 Index ends week above 1900

  Experience taught me a few things. One is to listen to your gut, no matter how good something sounds on paper. The second is that you’re generally better off sticking with what you know. And the third is that sometimes your best investments are the ones you don’t make. – Donald Trump Better than […]

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Mixed economic data leaves stocks flat

Bull markets are born on pessimism, grown on skepticism, mature on optimism and die on euphoria. – Sir John Templeton After climbing to within three points of 1,900 and an all-time high earlier in the week, the S&P 500 succumbed to a fear of heights and profit taking on Thursday and ended the week exactly […]

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DJIA ends week at record high but Nasdaq declines

I guess I should warn you, if I turn out to be particularly clear, you’ve probably misunderstood what I’ve said. – Alan Greenspan, American economist who served as Chairman of the Federal Reserve from 1987 to 2006 The stock market finally ended its string of losing Fridays with a gain as the Dow Jones Industrial […]

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Stock market posts modest gains as Ukraine worries persist

If I’d only followed CNBC’s advice, I’d have a million dollars today. Provided I’d started with a hundred million dollars. – Jon Stewart In a pattern that is becoming all too familiar, the stock market failed to build on its momentum and closed lower in its final session on Friday but managed to record a […]

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Stocks edge lower on rising Ukraine tensions

Markets can remain irrational longer than you can remain solvent. – John Maynard Keynes What looked like a positive week for the stock market came to screeching halt on Friday as the major averages all suffered steep losses. Stocks were poised to finish higher for the second consecutive week but rising tensions between the Ukrainian […]

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Stocks rebound on economic data, earnings

Everyone has the brainpower to make money in stocks. Not everyone has the stomach. If you are susceptible to selling everything in a panic, you ought to avoid stocks and mutual funds altogether. – Peter Lynch All of the major stock averages rallied more than 2% last week as economic data continued to show signs […]

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Momentum stocks lead market sell-off

Risk comes from not knowing what you are doing. – Warren Buffett Continued weakness in so-called momentum stocks in sectors such as technology, the Internet, social media and biotechnology spread to the broad market last week as all the major averages fell by more than 2%. There was really no place to hide as earnings […]

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Stocks advance on better jobs report

An investment in knowledge pays the best interest. – Benjamin Franklin Despite a huge sell-off in stocks on Friday that saw the technology-laden Nasdaq Composite Index lose more than 2.5% and the S&P 500 Index drop more than 1%, stocks generally were able to close higher for the week. In a pattern recently that has […]

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Overseas equities rebound on growth prospects

It is better to hang out with people better than you. Pick out associates whose behavior is better than yours and you will drift in that direction. – Warren Buffett  In a rather lackluster week that saw stocks surrender gains after starting strong, the broad-based S&P 500 Index finished virtually flat while the technology-laden Nasdaq […]

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Stocks higher despite Yellen’s remarks

To be a successful business owner and investor, you have to be emotionally neutral to winning and losing. Winning and losing are just part of the game, – Robert Kiyosaki, American investor and self-help author, author of Rich Dad Poor Dad, the best-selling personal finance book of all time In her first Federal Open Market […]

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