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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Thursday, November 08, 2007
Tech slumps
Stocks finished lower Thursday but a late rally helped stop the bleeding. Federal Reserve Chairman Ben Bernanke said that while the most recent data suggest a "resilient" economy, growth should slow "noticeably" this quarter and into 2008 as the housing slump intensifies. The tech sector took the largest hit, falling almost 2%, mainly fueled by Bernanke's words. On a better note First Solar Inc. went up over $57, and increase of 34.29%, and crude-oil futures barely budged which has been a rarity here of late.
DJIA -33.73 Nasdaq -52.76 S&P 500 -0.85