Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Friday, January 06, 2006

What a Week!!

The first week of 2006 started off with a bang. Tech companies came out of the shoot like a bullet, with NASDAQ gaining over 100 points in this first week. That puts this index up 4.5% so far this year. Not bad for a weekly return!! The Dow also showed signs of life, despite the automakers, gaining nearly 3/4%, while the broader S&P 500 put in a nice showing of almost 1%. The Consumer Electronics Show in Las Vegas gave clues to future tech winners. Everyone is still trying to one-up Apple and its Ipod. Intel is set to unveil Viiv, and Microsoft is ready with a new Windows upgrade called Vista. Could "V" stand for victory? Not everyone had good news today. Martha Stewart's conviction was upheld... a good thing she already served her time. Dow +77.16 +0.71% NASDAQ +28.75 +1.26% S&P 500 +11.97 +0.9%