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, July 20, 2006
What Rally?
Yesterday's trend of a slight increase did not continue today, despite our best and highest hopes. Apparently, earnings reports are what caused investors to pull back today, mainly Intel's earnings, which were so low it caused Intel to drop 7.5%. Other than Intel, techonology stocks were mostly high, with Apple Computer surging 12% and Motorola coming up to 7%.
The situation in the Middle East is getting scarier, and the markets have felt it, too. Crude oil rose again today, topping out at $73.08 per barrel.
DJIA: -83.32
Nasdaq: -41.29
S&P 500: -10.68