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
Thursday, July 26, 2007
Credit worries
Widening credit-market worries forced the major indexes down about 2% each on Thursday. Many banks have been hurt by having to take loans onto their balance sheets instead of passing them on to outside investors. Apple shares rose 6.4% after the company reported a 73% profit rise on sales of Macintosh computers. Though it was a down day, it maybe should be viewed as a buying opportunity in the long run because earnings have been coming in better than expected.
DJIA -311.50 Nasdaq -48.83 S&P 500 -35.43