Market news, retirement advice & planning tips.
Markets ended the first week of December with a bang, rallying for the seventh straight week, though the Nasdaq gave in to selling pressure and closed slightly down. Investors used…
KenDecember 9, 2014
After a choppy October, November was a very good month for stocks. Falling oil prices, new moves by central banks, and solid domestic fundamentals gave both the Dow and the…
KenDecember 1, 2014
Markets ended a sluggish week of trading slightly up, notching another record close for the S&P 500. For the week, the S&P 500 gained 0.39%, the Dow grew 0.35%, and…
KenNovember 18, 2014
Premium Content Starting next quarter, current clients will have exclusive access to premium content. Not a client? Use the form below this article to get started. Oil is hovering…
KenNovember 18, 2014
I mentioned on CNBC this past Friday that the Wall Street saying still persists….”Stocks take an escalator up (meaning a little at a time), and then take an elevator down.”…
KenNovember 10, 2014
Investors took advantage of a data-heavy week as the major averages rallied strongly, raising the Dow and the S&P 500 to new records. Upbeat economic reports and fresh hope for…
KenNovember 4, 2014
After several weeks of dismal performance, equities shook off their worries and rallied enthusiastically on solid quarterly earnings giving the S&P 500 its biggest weekly gain of the year. For…
KenOctober 27, 2014
There is an old Wall Street saying; “stocks go up on an escalator and come down on an elevator.” I think this market resembles how stocks went up a little…
KenOctober 20, 2014
Concerns about global growth caused markets to hit the brakes last week in a cloud of smoke and volatility, giving the S&P 500 and Nasdaq their worst week since May…
KenOctober 14, 2014
Stocks ended where they started at the beginning of this quarter even after some market stumbles in recent weeks that erased earlier gains. The choppy action continues with neither the…
KenOctober 6, 2014