Stocks Close Down as Santa Drops a Lump of Coal in our Stockings

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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 …

One Big Monster Stock Market Rally

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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 …

A Turkey of a Week as Indexes Close Down

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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 …

Sovereign Debt Worries Send Equities Lower

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European Debt The story for stocks continues to be pretty much the same that it has for some time now. Worries over the growing European sovereign debt issue have equities falling lower and lower, albeit on thin trading volume. Even with some better than expected economic news in the U.S., it wasn’t enough to convince investors to begin buying stocks, …

Another Rocky Week Sends Stocks Slightly Higher

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Last week proved to be another volatile and emotionally driven one, as stocks continued to show signs of increased volatility. The latest worry was the country of Italy and its possibility of defaulting on its debt. The story in Italy is basically the same as the story in Greece, except that it’s much larger which means that it’s potentially far worse. …

Stocks Have Best Month in 25 Years

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Stocks Surge Stocks surged this past week thanks to a new plan to resolve the European sovereign debt crisis, as well as data showing that our own U.S. economy expanded by some 2.5% in the third quarter, which is the fastest tally by far this year. Stocks have now surged some 17% since October 3 and are just a slight …

“On The Record with Donald Rice”

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Read the interview of Money Management Services President and CEO, Donald R. Rice, published in The Birmingham News, revealing who he is and how his one email to U.S. Representative Spencer Bachus landed him face to face with the Congressman discussing how proposed legislation… AudreaAudrea attended the University of Alabama in Tuscaloosa, where she majored in one of the first …