Stocks Continue to Move Northward It was another interesting week in the market last week as stocks continue to move Northward even after Standard & Poor’s downgraded the credit ratings of France, Italy and seven other European countries on Friday, the U.S. stock market continued to trek even higher. These downgrades no doubt pose fresh challenges for Europe’s political leaders, and …
Read Andy’s article published by Advisor One discussing “How The Wealthy Have Endured Tough Times Through Extreme Patience and Emotional Control…” Patience. Who has any of that anymore, especially when our own government illustrates that we should be able to have anything and everything we want immediately! Credit cards have allowed people to spend money they don’t have, while easy …
Upward Movement to Begin the Year Stocks started off the New Year with an upward movement, thanks largely to better than anticipated economic data including a strong employment report this past Friday. Friday, the Labor Department said the unemployment rate fell to nearly a three-year low of 8.5%, from 8.7% in November – the fourth consecutive monthly decline. Although trading …
Stocks End Flat Stocks end flat for 2011 despite investors feeling they were on a roller coaster for much of 2011. The stock market ended a tumultuous year about right where it started. When all was said and done, despite record setting volatility, unexpected blows from the European Union, surprising triumphs in certain sectors, all the hullabaloo proved for naught. When …
Watch this Video here on the Federal Income Tax Landscape 2012 & 2013 – presented by Forefield.
Markets Closed Up Markets closed up as Santa finally arrived on Wall Street this past week, and it was certainly a nice and fitting finish to the holiday week. With a flourish of activity on the last day of trading before Christmas, we find that the Dow Jones Industrial Average is presently perched at a five-month high. And with ‘Comet’ and …
Stocks Close Down So much for the so-called ‘Santa Claus’ rally as stocks close down this past week as investors were treated to a big lump of coal in their stockings as all the major equity indexes were down on the week. Sentiment was particularly negative the first three days of trading for the past week as Moody’s Investors Service and Fitch …
Stocks Gain Stocks gain as the stock market managed to rack up a second consecutive week of gains even as the euro zone’s latest band aid to fix its debt crisis was met with timid responses. Hopes were high for another one of those last-minute, big-deal breakthroughs that would ultimately save the day for the European union, and by the …
Stock Market Rally It was one ‘heck’ of a stock market rally this past week, as equities had their best weekly showing since the fall of 2008. Thanks to strong retail data from black Friday; signs that the European leaders were moving towards a resolution of that continent’s debt crisis; and a better-than-expected employment report, stocks took off for the …
Indexes Close Down It was a ‘turkey’ of a week for all stock investors during the Thanksgiving holiday season, as indexes close down over the never-ending European-debt crisis, along with the congressional super-committee’s failure to reach an agreement on reducing the federal deficit. Stocks had their worst Thanksgiving week since 1942, the year the U.S. officially set the holiday at its current …
