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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Wednesday, January 17, 2007
Apple A Star
Apple is the star of the month, it seems. It announced a surge in profit and revenue, as iPod's were shipped all over the world (21 million shipments) as Christmas presents. I know several were shipped to Clinton, MS...one came to my house!
The Dow reached an all-time intraday high, but traders backed off at the end of trading, leaving us just slightly behind. The Fed's beige-book report is to thank.
J.P. Morgan posted a 68% increase in quarterly net income, and AMR had its first "good" year since 2000. Despite the nasty weather, it's feeling good on Wall Street. Now, if I can just figure out how to use my iPod...
DJIA: -5.44
Nasdaq: -18.36
S&P 500: -1.28