Good morning, Stocks were pulled in different directions late last week. The market rallied after the Federal Reserve made it abundantly clear they are now dovish (accommodative) and that they are unlikely to raise interest rates at all this year. Things reversed Friday however, with stocks posting their worst day in over 2 ½ months (the Dow dropped 460 points), …
Good morning, Retirement means different things to different people – stopping work to relax, or to play hard, finding satisfaction from volunteering, or leaving work to care for a loved one, are just some examples. Whatever the case, retirement comes with multiple risks, including market risk, inflation risk, healthcare risk, long-term care risk, longevity risk (the risk of outliving your …
Good morning, Clocks recently sprang ahead for daylight saving time, but stock prices fell back. Stocks were down every day last week, and the major averages all ended down over 2% for the week. This snapped the NASDAQ Composite’s 10-week winning streak, and gave the Dow (only) its second weekly loss of the year. Weighing on the market were things …
Almost, but not quite… …the Dow Jones Industrial Average rose over 110 points last Friday, but it was not quite enough to put the index into positive territory for the week. The Dow ended with a weekly decline of .02% and in the process had its weekly winning streak snapped at 9. The other two major averages however, did post …
Good morning, The Dow Jones Industrial Average rallied over 180 points Friday on optimism over trade talks with China, and closed the week with a gain of .6 percent. This brings the Dow’s consecutive weekly winning streak to a total of 9, the longest such run since 1995, according to the Dow Jones Data Group. Additionally, the index finished back …
Good morning, The financial markets were closed yesterday in observance of President’s Day. Stocks will appreciate the day off to rest, after charging ahead Friday on increased hopes for a trade deal between the U.S. and China. The Dow Jones Industrial Average jumped over 440 points, or 1.7% Friday, while the Standard & Poor’s Index gained 1.1%. For the week …
Good morning, Well, it wasn’t much of a gain, but the .17% advance in the Dow Jones Industrial Average last week brought its consecutive weekly winning streak to 7. We mention the gain not because 7 is a lucky number, or because we began counting up the weekly winning streak at 5. Rather, the gain last week was notable because …
Good morning, For all of our football fans out there, and more specifically New England Patriots fans, the six in this title probably makes you think about six Super Bowl wins for Tom Brady, Bill Belichick (as head coach), and the Patriots. As much as we like to talk football, the six we are referencing here has to do with …
Good morning, The Dow Jones Industrial Average, the Standard & Poor’s 500 Index, and the NASDAQ Composite all ended last week with a Friday rally, gaining .75%, .85%, and 1.29% respectively. A generally positive earnings season so far, and expectations the Federal Reserve will likely be more accommodative in 2019 than originally thought, outweighed a government shutdown and worries over …
Good morning, The U.S. stock and bond markets are closed today in observance of Martin Luther King, Jr. Day. The stock market is getting a well-deserved day off to rest after a strong start to the year. The Dow Jones Industrial Average and the Standard & Poor’s 500 Index are both up about 6% so far this year, rebounding somewhat …
