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 30, 2009
Thursday
Today, we saw a big rally in our markets after two days of losses. In general, this rally is contributed to the fact that second quarter earnings continure to top estimates. In the Dow, today was the highest close since November 4. We are now up 40% from the 12 year closing low we reaching in March. Specifically, the rally was led by the 6.9% surge in General Electric. It looks like they may make it after all. Also, Motorola soard 9.4% with a $26 billion profit when analysts were expecting a loss. All is well in the world today, it seems! DJIA +83.74 S&P 500 +11.6 NASDAQ +16.54