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
Friday, June 30, 2006
By the Hair on My Chinny-chin-chin!
We almost ended the month on a good note. About an hour before close, the Dow was up more than 20 points, but trading in that last hour proved that investors are still a little concerned about inflation. The market ended down by the skin of its teeth!
The good news is, despite yesterday's rate increase, all the market averages are up for this month. The blue-chip average is up about 0.8%, the S&P 500's index is up more than two points, and the Nasdaq's index is up more than four points. What a relief to end this roller-coaster month on a few good notes!
DJIA: -40.58
Nasdaq: -2.29
S&P 500: -2.66