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, February 15, 2011
Tuesday
Stocks fell today after the latest round of economic data added to investors' inflation worries. The Dow Jones Industrial Average dropped .34%, its biggest one-day decline since January 28. Exxon Mobil led the Dow's decline with a drop of $1.94. The oil giant said it added 3.5 million barrels of oil equivalent, led by natural-gas projects, to its proved reserves last year, replacing more than 200% of its production for 2010. Because the report showed Exxon finding far less oil than natural gas, it was seen as a sign that the company could be heading towards a less profitable business model. DJIA -41.55 Nasdaq -12.83 S&P 500 -4.31.