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 09, 2010
Going Against the Flow
The news today didn't bode well for stocks. The report on personal income for 2009 indicated a decline, but that was 2009. Two high profile CEOs stepped aside, HP and Sara Lee. McDonald's earnings jumped, but it's McDs. Doesn't that mean we're rushing back to cheap food? The only bright spot was the talk of the latest IPO-- for Skype. Despite all the negative news, stocks gained nicely. Does this mean better days are ahead?
DJIA +45.19
NASDAQ +17.22
S&P 500 +6.15