Nancy Lottridge Anderson, Ph.D., CFA, and her staff offer expert advice and personal service. We offer our services on an hourly or retainer basis for our clients. Our services include account management, stock and economic research, retirement planning, and 401k slate analysis. We manage investment accounts of any size and tailor the portfolio to meet your specific needs. For clients of ours, we are available to help with any financial situation you face.
Independent, Fee-Only Financial Advisor
Thursday, October 27, 2005
Judging Thursday
Stocks swooned today, despite positive earnings from some big-name companies. Maybe, it was the decision by Harriet Miers to withdraw her name from consideration for the Supreme Court. While this does not have a direct impact on stock prices, it's all about confidence, and confidence in 1600 Pennsylvania is waning. Oil stocks continue to be the big winners, with Exxon reporting an increase in earnings of 75%! Wow, can you say "windfall?" The Dow and the S&P 500 fell over 1% on the day, while NASDAQ dropped about 1.7%. Microsoft posted good news for the beleagured tech sector, with an increase of 24%. COME ON FRIDAY!
Dow -115.03
NASDAQ -36.24
S&P 500 -12.48