Lean on Me
David Jackson knows just how much the stock market’s cascading losses have shaken some investors. The financial planner with Waddell & Reed Financial Services in Kansas City, Missouri, recently...
View ArticleIs The Stock Market Rebound Real?
A six-week rally in the stock market is creating new optimism among investors. Since its low on March 9, the Dow Jones Industrial Average has jumped 24%. Better-than-expected earnings reports from...
View ArticleI’m No Fortuneteller
One of the odd things about being a financial specialist is that I have a lot more conviction in my long-term expectations than in my short-term ones. People have a hard time understanding this,...
View ArticleThe Globetrotter
Kenneth Holley cringed last winter every time he heard someone on the television news compare the current U.S. recession to the Great Depression of the 1930s. “They went too far,” says Holley....
View ArticleLooking to Jump Back Into Stocks? Now May Be the Right Time
Lately, I’ve been feeling left out of the party. (And, no, it’s not because my bosses are busy whooping it up this week in Orlando at the Black Enterprise Golf & Tennis Challenge.) It has...
View ArticleOne Year After the Fall of Lehman
On Sept. 15, 2008, Lehman Brothers Holdings Inc. filed for Chapter 11 bankruptcy protection. It was also one year ago today that changed Wall Street, my street, and your street. Lehman’s shares...
View ArticleWhere To Invest In 2010
"Invest in industries that didn't take part in last year's run up," says Eugene Profit of Profit Capital Management. (Photo by Welton B. Doby III) Tea leaves, tarot cards, roots, potions, and Mattel’s...
View ArticleUncoventional Wisdom
Downes (Photo by Lonnie C. Major) How good a stock picker is Quintano Downes? The 13-year Wall Street veteran equities trader did such a stellar job for clients in his three years running Haven...
View ArticleOil Tumbles As Stock Market Stumbles
NEW YORK (AP) — Oil prices dropped Thursday to the lowest level in a month after a government report showed the country continues to use less energy than last year, raising doubts about the strength of...
View ArticleObama Bank Plan Uncertainty Weighs On Markets
LONDON (AP) — European and U.S. stock markets fell sharply for the second day running Thursday amid ongoing fears about tighter monetary policy in China and uncertainty over President Barack Obama’s...
View ArticleStock Futures Falling; Market Set To Resume Slide
NEW YORK (AP) — Stocks are set to extend their slide Friday, following the worst two-day stretch the market has seen since June. Stock futures fell as better than expected earnings from General...
View ArticleHow The Major Stock Indexes Fared On Friday
The stock market suffered its worst setback in more than 10 months as investors rejected President Barack Obama’s plans to restrict big banks and earnings reports that just weren’t good enough. The Dow...
View ArticleHappy Anniversary, Investors!
One year ago this week, on March 9, 2009, the Standard & Poor’s 500 hit a 12-year low of 672.88 as it reached its lowest point during the most recent economic recession. Since that time, the...
View ArticlePoll of the Week
One year ago this week, the Standard & Poor’s 500 hit a 12-year low of 672.88 as it reached its lowest point during the most recent economic recession. Since that time, the S&P 500 is up 69%....
View ArticleLong-Term Investing to Create the Future You Deserve
In today’s unpredictable environment, far too many of us operate in survival mode, suffering from myopia when it comes to planning for our financial future. Sadly, I’ve found an overwhelming number of...
View ArticleCatch the International Flight
Living and traveling abroad gave Dominique Moore a firsthand view of overseas investment opportunities. (Photo by Kevin Allen) First, the good news. The stock market crash of 2008 lasted through March...
View ArticleTalking Points: Stock Market Rise & Fall After Inaugural Years
Stocks, as measured by the S&P 500 Index, posted a gain of 23.5% in the first year of Barack Obama’s presidency. It was the sixth best performance of a head of state—regardless of party—since...
View ArticleIn the News: 50 Cent Tweets His Way to a Possible SEC Investigation
50 Cent's recent tweets may result in an SEC investigation (Photo by Lonnie C. Major) Curtis “50 Cent” Jackson knows a thing or two about the influence of technology, announcing the release of his...
View ArticleThe Stock Market Rally Lives On. But Can It Continue?
March 9, 2011 marks the second anniversary of the stock market rally. The Dow Jones Industrial Average has gained more than 86% since it closed at 6,547.05 on March 9, 2009, the crisis low-point....
View ArticleForget Fear
In 2010 the stock market finished its second above-average year in a row. By year’s end, the S&P 500 Index had gained 93% from the March 9, 2009 market low. Clearly, we’ve witnessed a strong...
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