The first trading day of November was marked by continued negative economic news out of China and lower oil prices but the markets gained ground none the less. The Dow ventured into positive territory for the first time in 2015, while the S&P 500 closed above 2,100 for the...
Following a week of turbulence and volatility, Wall Street got off to another slow start Monday thanks to the continued decline of oil prices. As of 2 p.m., the Dow was down almost 100 points, as crude oil prices continued their decline—as low as $45.90 a barrel at one point. Goldman...
Wall Street barely avoided disaster this week, as the Dow fell below even for 2015. The Greece saga sent the markets to their worst day of 2015 on Monday, as the Dow lost 350 points. Investors certainly weren’t sorry to see this week end one day early…   ***DOW DOWN...
The last trading day of August had many investors pondering what September will bring to Wall Street.  The markets have been well known to suffer in Septembers of the past.  In fact its historically proven that the stock market has had its worst performances during the month of September....
And so the story goes… The stock market thrived for five years and finished at record heights in 2013, just to begin a familiar trend back down immediately following its bull market peak. Or at least that is what is running through the minds of investors as we come...
One of the cardinal rules mutual fund investors follow is the avoidance of ‘load’ fees—essentially, the sales charge associated with joining a fund.  Unfortunately, that leads these investors into perhaps a bigger mistake. That’s because they’re overlooking two more fees funds assess. One is covered in the prospectus, but the...
Up and down, up and down. If you didn't have the stomach for undulating turns on the stock market then this week might have prompted you to get off of the Wall Street ride.  Volatility was the name of the game this week with large up & down swings, but...
Stocks fell from their record highs today as comments from one of the Federal Reserve bank presidents spooked investors on Wall Street. New York Fed President William Dudley said that a September rate hike "is possible." Dudley told Fox Business Network- "I don't think my views have changed very much. I think...
U.S. stocks were slightly lower Tuesday, as stocks dropped following a worldwide drop in bond prices. At the start of Tuesday, 10-year benchmark Treasury notes had yields upwards of 2.3% for the first time in almost six months, reaching by far their highest point in 2015. European indices were lower...
The dollar was up again but oil was down, and so followed the markets today.  Consumer confidence continues to rise slowly which fuels the fire of another possible rate hike by the Fed. Eric Chemi wrote an interesting piece for CNBC today with the headline: "A Market Adrift, Tied To Nothing,...