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
Tuesday, October 27, 2009
Today, most stocks declined after a strong Treasury auction showed there is still a healthy appetite for safer investments. However, the Dow rose as some of its more expensive components, like IBM, gained. Long-term Treasury futures reached their highest prices of the day following the auction of a record $44 billion in two-year notes, which saw a big-to-cover ration of 3.63, which is much stronger than previous auctions. The dollar was boosted because foreign participation in the auction was solid as well. While third-quarter earnings reports have largely beat Wall Street expectations, some investors are skittish after the Dow lost more than 100 points in each of the last two sessions. DJIA +14.21 S&P -3.54 NASDAQ -25.76
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