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, October 03, 2006
Record Tuesday
It's back to pre-bubble bursting days, as the Dow hit a record high. Large-cap stocks are leading the pack right now. While the NASDAQ has made significant gains in the last quarter, don't expect the index to hit a record any time soon. It's still only halfway to the mark. Oil dropped below $60 a barrel, fueling the stock market. Consumer spending is strong, despite a cooling off in the real estate market, and this seems to be the driving force on Wall Street. Expect good numbers for the Christmas retail season, if this continues.
Dow +56.99 NASDAQ +6.05 S&P 500 +2.79