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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Monday, May 22, 2006
A Yo-Yo Day
First they were up. Then they were down. Then they were up again. Then they finished down. It was a yo-yo day on Wall Street, as investors tried to gauge the winds of inflation. Hurricane forecasters predicted another big year, but tempered that with "not as bad as last year." Thank goodness! Oil fell into the $67 range, but that didn't help. The Nervous Nellies are concerned about inflation heating up and other areas cooling down. Wal Mart decided to pull out of red hot South Korea. They can't compete. Go figure! NASDAQ was the biggest loser, dropping nearly 1% on the day. I'm just waiting for the bounce.
Dow -18.73
NASDAQ -21.02
S&P 500 -4.96