Special Quarterly Update: Roller Coaster Q1 Ends Mixed

Weekly Update – April 4, 2016 After a rocky start to the year, most stocks ended the first quarter slightly higher, which is remarkable considering the negative sentiment that caused stocks to selloff in the early weeks of 2016. For the quarter, the S&P 500 gained 0.77%, the Dow grew 1.49%, and the NASDAQ fell [...]

April 4th, 2016|

Q4 GDP Revised Upward by Strong Consumer Spending

Weekly Update – March 28, 2016 Stocks ended the holiday-shortened week down, snapping their five-week winning streak. However, losses were mild amid low trading volume before the Easter weekend. For the week, the S&P 500 lost 0.67%, the Dow fell 0.49%, and the NASDAQ dropped 0.46%. Last week’s economic calendar was highlighted by the third [...]

March 28th, 2016|

Simple Tips to Make Tax Time Less Taxing

Tax time! Are we having fun yet? I'm teasing, of course... Even I don't like filing taxes and I'm a financial planner. Nothing can eliminate completely the stress most taxpayers feel when dealing with the IRS. However, there are plenty of ways you can make tax time easier on yourself. Some good news: the filing [...]

March 22nd, 2016|

Dow and S&P 500 Green for 2016

Weekly Update – March 21, 2016 After a historically rough start to the year, stocks finally rallied enough to put the S&P 500 and Dow in the green for the year. Extended weakness in the dollar—, which investors hope, could boost economic growth and corporate profits—contributed to the gains. For the week, the S&P 500 [...]

March 21st, 2016|

Bull Market Anniversary: What’s Changed in 7 Years?

Weekly Update – March 14, 2016 Stocks closed out their fourth week of gains as investors gained confidence from higher oil prices and aggressive moves by the European Central Bank. For the week, the S&P 500 rose 1.11%, the Dow grew 1.21%, and the NASDAQ added 0.67%. Last week marked the seventh anniversary of the [...]

March 14th, 2016|

Stocks Rally for Third Week

Weekly Update – March 7, 2016 Markets closed out a third week of gains, putting the Dow at a two-month high and erasing much of the year’s losses. Higher oil prices and an upbeat February jobs report contributed to the rally. For the week, the S&P 500 increased 2.67%, the Dow added 2.20%, and the [...]

March 7th, 2016|

Stocks End Higher for Second Week

Weekly Update – February 29, 2016 Markets closed out another solid week of gains on the back of higher oil prices and some positive economic data. For the week, the S&P 500 increased 1.58%, the Dow grew 1.51%, and the NASDAQ added 1.91%. Investors got their second look at fourth-quarter 2015 Gross Domestic Product (GDP) [...]

February 29th, 2016|

Protect Yourself from Tax-Related Identity Theft

Taxes are never far from our minds and with it comes with tax fraud. One particularly pernicious form of fraud is tax identity theft. Tax-related identity theft happens when someone uses sensitive personal information (like your Social Security number) and files a fraudulent tax return in your name to collect a refund. According to past [...]

February 25th, 2016|

Stocks Post Best Week of 2016 – Weekly Market Update

Markets closed out their best week of the year last week, buoyed by higher oil prices and positive economic data that reassured some recession worriers. For the week, the S&P increased 2.84%, the Dow grew 2.62%, and the NASDAQ added 3.85%. After tumbling for weeks, oil prices stabilized close to $30/barrel after several major oil [...]

February 22nd, 2016|

Are Recession Fears Just Hype? – Weekly Market Update

Weekly Update – February 16, 2016 Markets ended another volatile week lower despite a bounce in oil prices. For the week, the S&P 500 lost 0.81%, the Dow fell 1.43%, and the NASDAQ dropped 0.59%. Amid volatile stock prices and disappointing global economic news, you may have heard a lot of chatter on media networks [...]

February 16th, 2016|