It was another exciting week on Wall Street as the majority of stocks continued to befuddle the most pessimistic pundits as stocks close up. During the holiday-shortened week, stocks took their cue from better-than-expected earnings reports and some unexpectedly strong economic data. It was the ‘bulls’ third-straight weekly win for the month of January and it’s the best start for …
Stocks Continue to Move Northward…
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 …
“What’s Different About the Wealthy? They’re Patient…”
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 as Stocks Start the New Year to the Upside
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 for 2011
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 …