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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Monday, March 19, 2007
Go Figure
Markets suddenly took off today, but it's difficult to tell what the catalyst was. Homebuilders are still in the doldrums, pointing to the problems in the subprime area. The Federal Reserve is meeting this week. Doesn't that mean uncertainty? There is news of a few mergers swirling about, but there doesn't seem to be any one thing that caused the buying spree. Of course, that's the same way I felt when things were tanking just a few weeks ago. Maybe, we're just in a period of volatility, but the markets are displaying strength throughout it all. I don't care WHY it went up. I'm just delighted it did. All indexes added almost 1%.
DJIA +115.76 NASDAQ +21.75 S&P 500 15.11