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
Monday, October 23, 2006
Up, Up, and Awaaaay!
Wal-Mart was up 3.9%, GM was up 5.5%, and the blue chip average flew waaaay beyond investors' expectations, ending over 114 points higher. The cause for all the positive numbers lately? Some say its new money coming into the market from mutual funds; others claim momentum-seeking hedge funds switching out of commodities into stocks and skeptical investors forced to cover short bets.
And Enron's Skilling was sentenced today to 24 1/4 years in prison for his part in the 2001 collapse of the company. Compare that to other Enron executives.
DJIA: +114.54
Nasdaq: +13.26
S&P 500: +8.42