US: +1 (877) 51 POWER 
Europe: +44 (0) 207 198 1634 Good morning. I sure hope it is for you because yesterday was another really, really lousy day for our 401K’s. The Dow lost 238 points, 1.4%, to 16,805, the S&P 500 dropped 26, 1.32%, to 1,946 and the Nasdaq ended down 71 points, 1.59%, to 4,422. All material losses. For well over a year I’ve […]
Good morning. The grief continued yesterday with equities continuing their descent. The Dow lost 28 points to 17,043, the S&P 500 fell 6 to 1,973 (now well below 2,000) and the Nasdaq dropped 12 to 4,493. Other than the fact the length (time) of this bull market is in record territory and “tired” and in […]
Good morning. What can one say other than it was an outstanding day for stocks and your 401K! The Dow closed up 109 points at 17,266 and the S&P 500 gained 10 to 2,011. The Nasdaq didn’t close at a new record high but was the biggest percentage gainer on the day closing up 31 […]
Good morning. A second straight lousy day for our 401K’s. The Dow lost 98 points, its biggest one day drop in a month, to 17,014, the S&P 500 fell 13 and back below 2,000 to 1,988 and the Nasdaq really got whacked closing down 40 points, 0.9%, to 4,552. Investors had little economic news to […]
Good morning. Equities started the day nicely higher after Mario Draghi of the ECB announced the central bank was cutting its benchmark interest rate to a record low, from 0.15% to 0.05% (seriously? A 0.1% drop ain’t going to help or hurt my portfolio) and planned to purchase asset-backed securities (now THAT will have an […]
