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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Tuesday, June 13, 2006
Another Day...
Markets started off in positive territory but gave up those gains (and then some) by the end of the day. While talk of inflation appears to be the culprit, the very things that are spurring the talk are getting hit. High-flying gold prices dropped by $30 today, while oil fell below $70 a barrel. Normally, that's good news. But, today, investors are still skittish. If we can get past the next Fed meeting and this proposed rate hike, things should calm down a bit. Meanwhile, I'm in the buying crowd. If you're fully invested, now is the time to keep your head down and stay the course. We're not through the turbulence yet.
DJ 30 -86.44
NASDAQ -18.85
S&P 500 -12.72