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Category Archives: Oil Prices

Post-election rally in stocks stalls as S&P 500 falls 1%

You don’t need to be an expert in order to achieve satisfactory investment returns. But if you aren’t, you must recognize your limitations and follow a course certain to work reasonably well. Keep things simple and don’t swing for the fences. When promised quick profits, respond with a quick ‘no’. – Warren Buffett Both the […]

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S&P 500 closes at record high on post-election optimism

The index fund is a sensible, serviceable method for obtaining the market’s rate of return with absolutely no effort and minimal expense. Index funds eliminate the risks of individual stocks, market sectors and manager selection, leaving only stock market risk. – John Bogle For the third consecutive week, all three of the major stock averages […]

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Election fears weigh on stocks, S&P 500 down 1.9%

The most common cause of low prices is pessimism – sometimes pervasive, sometimes specific to a company or industry. We want to do business in such an environment, not because we like pessimism but because we like the prices it produces. – Warren Buffett The S&P 500 Index fell nearly 2% last week and was […]

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Stocks post modest gains on positive earnings reports

It takes twenty years to build a reputation and five minutes to ruin it. – Warren Buffett The S&P 500 Index snapped a two-week losing streak with a modest gain as investors sifted through a plethora of quarterly earnings reports and economic data. The Nasdaq Composite Index posted the biggest gain of the major stock […]

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Stocks edge higher on optimism over Deutsche Bank

In almost every walk of life, people buy more at lower prices; in the stock market they seem to buy more at higher prices. – James Grant The stock market was taken on a roller coaster ride last week and when the ride stopped on Friday, the S&P 500 Index had managed to eke out […]

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Stocks drop over 2% on Fed rate hike fears

The broker said the stock was “poised to move.” Silly me, I thought he meant up. – Randy Thurman, CFP, CPA and noted author and one of the nation’s most trusted investment advisors In a week marked by few quarterly earnings reports and even fewer pieces of economic data, stocks plummeted more than 2% on […]

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Stocks edge higher but July retail sales disappoint

The key to making money in stocks is not to get scared out of them. – Peter Lynch The dog days of summer have set in and the major stock averages reflected the August doldrums last week as trading volume was light and stocks were little changed. Although stocks edged slightly higher for the week, […]

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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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Weak GDP growth, tech earnings send stocks lower

Commodities tend to zig, when the equity markets zag. – Jim Rogers Both the S&P 500 Index and the Dow Jones Industrial Average ended the week on a sour note and closed lower by more than 1% as several factors seemed to unnerve investors. The technology-laden Nasdaq Composite Index dropped even more as disappointing earnings […]

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