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
Tuesday, August 15, 2006
2% Tuesday
The beaten up NASDAQ gained more than 2% today. Large caps had a good day, as well, just not quite as good. Retail numbers were good, with Wal Mart and Home Depot reporting brisk sales. Wal Mart's net income was down, but revenue was up 11%. Inflation numbers came in, and they were tame. The one dark spot on the day was housing. With mortgage rates easing up and inventories high, real estate is looking weak, the lowest it's been in 6 years. Maybe, it's tech's turn!
Dow +132.39 NASDAQ +45.97 (+2.22%) S&P 500 +17.37