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...
Trading volume was light on the market today, as investors have been gearing up for Black Friday. However, this didn’t stop the bull from sending market indices into new record highs, a phrase that has become pretty common place in recent headlines.
The Nasdaq passed 4,000 today, while the S&P...
On the first trading day of September some discouraging news on manufacturing in the U.S. led to some nervous movements by investors. The ISM (Institute for Supply Management) manufacturing survey fell to 49.4 in August when it was expected at 52. Any reading below 50 is a sign of...
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 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,...
U.S. stocks finished down slightly for the second day in a row, after oil prices struggled in early trading.
U.S. crude stockpiles grew by an astounding 7.7 million barrels last week, according to the American Petroleum Institute (API). This was more than expected and contributed to another drop in oil...
After a four week winning streak the markets are now down in each of the first two sessions of the week after a mixed today Tuesday. Dow components led decliners with telecom issues and McDonalds leading the slide. The fast food giant fell 4.5% after reporting lower than expected...
Stocks showed gains on the second trading day of the week despite the fact that the U.S. manufacturing sector contracted in November, dropping to its worst levels in over 6 years when the American economy was still in the middle of a debilitating recession. The latest report by the...
The S&P 500 and Dow Jones Industrial average have dominated the news over the past several weeks because of volatile fluctuations in both indices since the U.K. Brexit vote, but today the NASDAQ took some of the stock headlines after posting a gain of over one percent. The Dow...
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...
