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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Friday, July 27, 2007
A penny short
Crude-oil futures rose $2.07 to $77.02, a penny off its record closing high of $77.03 set in July 2006. The markets rallied around mid-morning but could not hold on in the afternoon. "Credit spreads continue to widen, so the fear is still out there," said Stephen Sachs, director of trading at Rydex Investments. Monday and Tuesday are going to be interesting to see, to see if this trend continues or there is stabilization and growth on the horizon. Have a great weekend.
DJIA -208.10 Nasdaq -37.10 S&P 500 -23.71