Tag Archives: financial advisor

05 Nov

Dow Breaks 36,000 Amid Strong Economic Reports

November 5th, 2021 Market bulls celebrated another milestone this week, breaking the 36,000 level for the first time ever. The level first grabbed headlines when the aptly titled “Dow 36,000” hit bookstores in October 1999 during the height of the dot.com boom. In the book, the authors argued the index was undervalued and was poised…

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30 Oct

Investors Ain’t Afraid of No Ghost

October 29th, 2021 Despite its frightening reputation, October served up more treats than tricks for investors as we closed the last trading week of the month. Another strong batch of Q3 earnings results, combined with optimism that Congress was inching closer to finalizing a combined $2.8 trillion spending package, managed to push markets higher for…

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22 Oct

Earnings Drive Markets to Record Highs

October 22nd, 2021 Strong Q3 earnings reports and year-end optimism propelled the S&P 500 to a new high this week. Electric vehicle maker Tesla was among the key reports this week. The company reported record revenue and profits in spite of ongoing supply chain challenges in the automotive industry. Bullish sentiment was also on display…

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