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.
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Thursday, February 02, 2006
Thursday Clouds are Temporary
Amazon is under pressure after a large promotional effort, yet sales continue to increase 17%. Compared to the 43% drop in profits, however, they were unable to pull out a good day on the market.
Year-end reports continue to be announced, and the Dow dropped .93% after one report showed a decline in worker productivity for the 2005 fourth quarter.
Cloudy reports are only temporary, however, as retailers reported excellent sales for January, thanks to gift cards and warm weather. Wal-Mart led the way, with a 4.7% increase in sales. Speaking of the retail giant, did you know you can keep a wishlist handy for your relatives? Check out wishes to start your online Wal-Mart wishlist!
DJIA: -101.97
Nasdaq: -28.99
S&P 500: -11.62