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Stock Market Update Monday, November 12th, 2018

Well that was quick. After being up nicely in November, stocks have erased most of the month’s gains following back-to-back-to-back losses. Things were rocky from the start today. After a lower open, stocks continued to slide all morning long. There was … Continue reading

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Here’s what to expect this week…

Stocks had a nice week in spite of a pullback on Thursday and Friday. On Monday, stocks kicked off the week with a win. Tuesday was a winning day for stocks as well, with traders focused on the midterm elections. … Continue reading

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Fed leaves rates unchanged | Stock Market Update Thursday, November 8th, 2018

With the mid-term elections behind us and the major indices trading at November highs, stocks were bound to take a bit of a breather. And today was the day. After a slightly lower open, stocks traded sideways for most of the … Continue reading

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Stock Market Update Wednesday, November 7th, 2018

The midterm elections are behind us. And with Democrats controlling the House, we have a split Congress (which was expected). But traders don’t seem to care. Stocks rallied all day long, closing at session highs. — RECOMMENDED — Learn How … Continue reading

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Here are two big tax breaks you shouldn’t overlook

The IRS allows up to $500,000 of the gain from the sale or exchange of property owned and used as a principal residence for at least two of the five years before the sale. There are many ways to reduce … Continue reading

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Dow rises 100 points as energy and financials jump

Stocks were mostly higher on Monday, led by sharp gains in energy and financials. However, investors were also bracing for the upcoming U.S. midterm elections. The Dow Jones Industrial Average gained more than 100 points as Chevron shares jumped 2.5 … Continue reading

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Ranks of 401(k), IRA millionaires swell as average retirement account balances hit new high

Do you want the good news first about the state of your retirement savings? Or the bad news? The good news, according to a Fidelity Investments analysis of the third quarter of 2018, is that average retirement account balances have … Continue reading

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Stock Market Update Thursday, November 1st, 2018

Stocks kicked off the month of November with a win today. The major indices began the day slightly higher, then pulled back in early trading. But after the dip, President Trump helped lift stocks with a tweet saying that talks with China are … Continue reading

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Stock Market Update Wednesday, October 31st, 2018

Stocks finished higher for the 2nd day in a row today. An overnight rally put the major indices in a nice position at the open. With a late morning move and another push higher in the afternoon, the major indices were … Continue reading

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Dow up more than 400 points!

Stocks bounced back today. And with today’s gains, the S&P and DOW are back in positive territory for the week. The major indices were on the move early this morning with a nice rally to start the day. But 30 minutes into the trading … Continue reading

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