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
Tuesday, December 06, 2005
Holiday Tuesday
I headed out at lunch to pick up a few more items for decorating. Boy, was that a mistake! The shelves in Fred's were nearly bare. The lines in Target were extremely long. And the traffic... don't get me started. It's that time of year when the rush is on for gift-giving, decorating, and celebrating. I'm no Scrooge, but I can do without the crowds. I made it back to the office an hour and a half after venturing out, much worse for the wear.
Markets started exhuberant, with the Dow up more than 85 points during morning trading. Productivity numbers were better than expected, causing a flurry of activity. By the afternoon, the excitement had begun to wane. Oil prices dampened traders' spirits. Despite this, all indexes managed a positive day. An interesting note... KB Homes is planning to take New Orleans by storm (no pun intended). They will begin building new houses on a grand scale. There's hope for The Big Easy yet!
Dow +21.85
NASDAQ +3.12
S&P 500 +1.61