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
Monday, August 03, 2009
Monday's Results
Today was a really good day in our markets. We saw the highest levels since November on our indices. This can be contributed to several different things. The rally is due to strong bank profits and hopes for rising demand in raw materials. Also, it was helped by solid gains in all of its commodity-producing components. We were also being steered by strong earnings from United Kingdom banks HSBC and Barclays as well as better-than-expected readings on industrial activity in China, Britain, and the United States. Locally, we do not know the numbers yet, but the sales tax holiday seemed to really be a hit! I went out on Saturday, and it was nuts with all of the people out and about! It felt really good to see people going out and spending their money on local retailers. DJIA +114.95 S&P 500 +15.15 NASDAQ +30.11