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.
Monday, December 31, 2007
Last day of 2007
Markets wound down at the end of 2007, but stocks closed the year safely in the black despite the months of credit-market strife. In a session characterized by thin volume, stocks weakened as investors who had waited until the last possible minute for a year-end bounce swallowed their losses for tax purposes, according to Fred Dickson, chief market analyst at D.A. Davidson. For the year the Dow rose 6.4%, Nasdaq 9.8%, and S&P 500 3.5%. Investors are hoping that the new year, which won't kick-off until Wednesday on the stock market, will bring solid gains. Have a fun and SAFE new year's holiday.
DJIA -101.05 Nasdaq -22.18 S&P 500 -10.13