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Category Archives: The Market

S&P 500, Nasdaq at record highs on strong jobs data

Your success in investing will depend, in part, on your character and guts, and in part on your ability to realize at the height of ebullience and the depth of despair alike, that this too shall pass. – John Bogle Both the S&P 500 Index and the Nasdaq Composite Index closed at record highs on […]

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Nasdaq jumps over 1% on strong technology earnings

The best investment you can make is an investment in yourself…The more you learn, the more you’ll earn. – Warren Buffett The S&P 500 Index had its weekly winning streak snapped at four as it closed slightly lower on weak trading volume but remains within two points of its all-time high. The best performing stock […]

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Stocks edge higher on earnings, manufacturing data

It would be wonderful if we could avoid the setbacks with timely exits, but nobody has figured out how to predict them. – Peter Lynch For the fourth consecutive week, the S&P 500 Index posted a gain and in the process set a new record closing high of 2,175 while the Dow Jones Industrial Average […]

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S&P 500 near all-time high on strong jobs data for June

I never make a prediction that can be proved wrong in 24 hours. – Louis Rukeyser Worries that the weak May employment report could be an ominous sign of a slowing U.S. economy were eliminated on Friday as the June jobs report far exceeded everybody’s expectations. As a result, the S&P 500 Index soared over […]

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Stocks soar as investors rethink Brexit vote

More money has been lost trying to anticipate and protect from corrections than actually in them. – Peter Lynch Investors had second thoughts about the effects of the Brexit vote on global stock markets last week and decided that there won’t be any immediate consequences. All of the major U.S. stock averages rallied at least […]

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Global stock markets fall after Brexit, S&P 500 loses 1.6% for week

If you want to have better performance than the crowd, you must do things differently than the crowd. – Sir John Templeton Fears that voters in the United Kingdom would choose to exit the European Union became a reality last week and the shocking result caused global stock market averages to fall. What looked like […]

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Stocks decline on Brexit, global growth fears

In Wall Street, the only thing that’s hard to explain is next week. – Louis Rukeyser Fears that the United Kingdom will vote on June 23rd to leave the European Union caused stocks to tumble last week as all of the major stock averages finished more than 1% lower. Investors sought refuge in U.S. government […]

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Major stock averages mixed ahead of FOMC meeting

Buy not on optimism, but on arithmetic. – Benjamin Graham After closing at a 52-week high of 2,119 on Wednesday, the S&P 500 fell about 1% during the last two trading days to end the week virtually flat. It looked like momentum would be enough to propel the benchmark index through the all-time closing high […]

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Stocks edge lower on weak May jobs report

Service to others is the rent you pay for your room here on earth. – Muhammad Ali The major stock averages ended the week close to the flat line as the weak May employment report almost certainly eliminated any chance that the Federal Reserve will raise interest rates at its meeting later this month. Based […]

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S&P 500 rises over 2% on strong economic data

What we learn from history is that people don’t learn from history. – Warren Buffett Despite increasing odds of a Federal Reserve interest rate hike over the next few months, stocks climbed more than 2% last week as economic data was better than expected. Investors have become more comfortable with the possibility of a rate […]

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