Stocks ended the week roughly where they began as investors digested a mixed set of new economic data. The Dow Jones Industrial Average gained 0.12%, while the Standard & Poor’s 500 slipped 0.16%. The Nasdaq Composite index fell...
Read More
Monday, September 11, 2023
Concerns that the Fed may raise interest rates soured investor sentiment, sending stocks lower in a holiday-shortened trading week. The Dow Jones Industrial Average slipped 0.75%, while the Standard & Poor’s 500 declined 1.29%....
Read More
Falling bond yields–spurred by weak economic data–helped lift stocks to weekly gains. The Dow Jones Industrial Average advanced 1.43%, while the Standard & Poor’s 500 gained 2.50%. The Nasdaq Composite index...
Read More
Monday, August 28, 2023
Stocks fluctuated last week, jostled by fitful bond yields and headline news, before ending strongly following Fed Chair Powell’s comments on the monetary outlook. The Dow Jones Industrial Average slipped 0.45%, while the...
Read More
Monday, August 21, 2023
Stocks extended their August declines last week as higher yields and weak economic data out of China soured investor sentiment. The Dow Jones Industrial Average lost 2.21%, while the Standard & Poor’s 500 retreated 2.11%. The...
Read More
Monday, August 14, 2023
Positive inflation data failed to lift stocks from their August doldrums last week as economic data and a ratings downgrade soured investor sentiment. The Dow Jones Industrial Average added 0.62%, while the Standard & Poor’s 500...
Read More
Monday, August 7, 2023
Stocks retreated last week as bond yields increased following the Treasury's announcement indicating “a larger-than-expected funding need” and a downgrade in the federal government’s debt rating. The Dow Jones...
Read More
Monday, July 31, 2023
A Friday surge pushed stocks solidly into positive territory last week, ignited by cooling in an inflation gauge closely tracked by the Federal Reserve. The Dow Jones Industrial Average advanced 0.66%, while the Standard &...
Read More
Monday, July 24, 2023
Stocks moved to the rhythm of earnings season last week, initially rising on positive earnings surprises and faltering later in the week on key earnings disappointments. The Dow Jones Industrial Average rose 2.08%, while the...
Read More
Monday, July 17, 2023
Better-than-expected updates last week on consumer and wholesale price inflation buoyed investor sentiment, driving stocks higher and lower bond yields. The Dow Jones Industrial Average rose 2.29%, while the Standard &...
Read More
Monday, July 10, 2023
Rising concerns about further rate hikes sent stocks lower to kick off the second half of trading.The Dow Jones Industrial Average lost 1.96%, while the Standard & Poor’s 500 retreated 1.16%. The Nasdaq Composite index...
Read More
Monday, July 3, 2023
Stocks posted gains for the week to close out a stellar month, aided by positive economic data and reports that all major banks had passed the Federal Reserve’s annual stress test.The Dow Jones Industrial Average gained 2.02%,...
Read More
Monday, June 26, 2023
Stocks took a breather last week as investors digested the previous week’s surge and the month-to-date solid gains.The Dow Jones Industrial Average lost 1.67%, while the Standard & Poor’s 500 fell 1.39%. The Nasdaq...
Read More
Monday, June 19, 2023
Stocks climbed last week as reassuring inflation data boosted investor hopes that the rate-hike cycle was nearing an end amid fresh economic data pointing to continued economic resilience.The Dow Jones Industrial Average rose 1.25%,...
Read More
Monday, June 12, 2023
A late-week rally sent stocks into positive territory, with the S&P 500 index closing just shy of the 4,300 mark.The Dow Jones Industrial Average gained 0.34%, while the Standard & Poor’s 500 added 0.39%. The Nasdaq Composite...
Read More
Monday, June 5, 2023
Stocks surged higher in the closing days of a holiday-shortened trading week, ignited by a political resolution on raising the debt ceiling and a strong employment report.The Dow Jones Industrial Average rose 2.02%, while the Standard...
Read More
Monday, May 29, 2023
Markets moved in sync last week with perceived movement in debt ceiling talks, weakening early in the week and then surging on news of progress. A solid quarterly report and guidance from a mega-cap technology company helped with...
Read More
Monday, May 22, 2023
Stocks rallied last week, propelled by growing optimism over reaching a deal on raising the debt ceiling and avoiding a technical debt default by the U.S.The Dow Jones Industrial Average edged 0.38% higher, while the Standard &...
Read More
Monday, May 15, 2023
Stocks were mixed last week as good inflation news was offset by mounting debt ceiling concerns and rekindled regional banking fears.The Dow Jones Industrial Average lost 1.11%, while the Standard & Poor’s 500 slipped 0.29%. The...
Read More
Monday, May 8, 2023
A Friday rebound, triggered by a big tech company’s earnings beat and a strong jobs report, shaved much of the week’s accumulated losses.The Dow Jones Industrial Average fell 1.24%, while the Standard & Poor’s 500...
Read More
Monday, May 1, 2023
Strong earnings from several mega-cap technology companies offset renewed regional banking jitters and weak economic data, leaving stocks higher for the week.The Dow Jones Industrial Average gained 0.86%, while the Standard &...
Read More
Monday, April 24, 2023
Stocks remained resilient last week amid mixed earnings reports, hawkish Fed-speak, and lingering recession fears, closing out the five trading days with small losses.The Dow Jones Industrial Average slipped 0.23%, while the Standard &...
Read More
Tuesday, April 18, 2023
April is Financial Awareness Month. Many of us wish we did a better job teaching our children about money. When they become adults it is even more critical they they make wise decisions. Lest, you'll end up supporting them using your...
Read More
Monday, April 17, 2023
The combination of an improving inflation outlook resulted in a week of uneven, albeit positive, performance, in which cyclical and financial stocks rallied while technology, real estate, and utilities lagged. The Dow Jones...
Read More
Thursday, April 13, 2023
Recently, you may have seen reports that the so-called “depletion date” for Social Security was adjusted. This refers to the predicted date when the long-running program will no longer be able to pay full benefits.Barring...
Read More
Monday, April 10, 2023
Stocks ended a shortened week of trading mixed amid revived recession fears on Wall Street triggered by weak economic data.The Dow Jones Industrial Average gained 0.63%, while the Standard & Poor’s 500 slipped 0.10%. The Nasdaq...
Read More
Monday, April 3, 2023
Stocks rallied last week on receding fears of a widening banking crisis, led by resurging investor interest in technology and communication services names.The Dow Jones Industrial Average gained 3.22%, while the Standard & Poor’s...
Read More
Wednesday, March 29, 2023
With so much of our lives spent online, it’s sad to think of losing the important stuff. Pictures of your kids and grandkids; Personal items like cherished emails, texts, and voicemails from loved ones; Or the notes for that book...
Read More
Monday, March 27, 2023
Modest gains in major market indices masked sharp volatility amid the uncertainty arising from mixed messages emanating from public officials and revived banking fears. The Dow Jones Industrial Average gained 1.18%, while the Standard...
Read More
Monday, March 20, 2023
Amid the reverberations of two U.S. banks being taken over by regulators and the spread of uncertainty to European banks, stocks trended higher last week on the strength of the technology sector.The Dow Jones Industrial Average was...
Read More
Monday, March 13, 2023
Stocks tumbled last week as investors reconsidered their interest rate expectations after Fed Chair Powell’s Congressional testimony that rates may need to go higher. Stocks also were rattled when a west coast bank was placed...
Read More
Thursday, March 9, 2023
Jerome Powell would be terrible to have in your book club. He would always reveal how the book would end.When the Fed Chair spoke following the Fed meeting in February, he said, “we’re in the early stages of...
Read More
Monday, February 27, 2023
Concerns over a firmer monetary policy were heightened by fresh economic data, touching off a climb in bond yields and a slide in stock prices last week.The Dow Jones Industrial Average skidded 2.99%, while the Standard & Poor’s...
Read More
Monday, February 20, 2023
Growing concerns about further interest rate hikes, prompted by fresh economic data, reversed early-week gains and left stocks mixed for the week.The Dow Jones Industrial Average slipped 0.13%, while the Standard & Poor’s 500...
Read More
Monday, February 13, 2023
Stocks drifted lower as a week of mixed earnings reports and resurgent worries over Fed monetary policy dragged on investor sentiment. The Dow Jones Industrial Average slipped 0.17%, while the Standard & Poor’s 500 declined...
Read More
Monday, February 6, 2023
Stocks were mixed last week following better-than-expected corporate reports and increasing optimism over a slowdown in interest rates.The Dow Jones Industrial Average edged lower, slipping -0.15%. The Standard & Poor’s 500 rose...
Read More
Thursday, February 2, 2023
January 30 to February 3, 2023, is Identity Theft Awareness Week. Anytime is a good time to tighten up your identity security, but if you haven’t been as careful as you intended, consider this your annual reminder. Here are a few...
Read More
Wednesday, February 1, 2023
Who wins the race? The tortoise or the hare? We all know this fable and the message is slow and steady wins the race, right? Does slow and steady always win the race? One of the things I love about financial...
Read MoreJanuary 30 to February 3, 2023, is Identity Theft Awareness Week. Anytime is a good time to tighten up your identity security, but if you haven’t been as careful as you intended, consider this your annual reminder. Here are a few...
Read More
Monday, January 30, 2023
Stocks added to their early 2023 gains amid a busy stream of mixed corporate earnings results and conflicting economic data.The Dow Jones Industrial Average gained 1.81%, while the Standard & Poor’s 500 added 2.47%. The Nasdaq...
Read More
Monday, January 23, 2023
Stocks showed mixed results last week as recession fears resurfaced in response to weak economic data and a tepid start to a new corporate earnings season. The Dow Jones Industrial Average skidded 2.70%, while the Standard &...
Read More
Tuesday, January 17, 2023
Stocks rallied last week thanks to fresh confirmation of inflation’s cooling trend and growing optimism that an inflation slowdown may provide the Fed with space to ease up on future rate hikes.The Dow Jones Industrial Average...
Read More
Monday, January 9, 2023
A strong Friday rally triggered by fresh signs of moderating inflation pushed stocks into positive territory to begin the new year. The Dow Jones Industrial Average rose 1.46%, while the Standard & Poor’s 500 advanced 1.45%....
Read More
Tuesday, January 3, 2023
In a holiday-shortened week, erratic trading left stocks marginally down for the week.The Dow Jones Industrial Average lost 0.17%, while the Standard & Poor’s 500 slipped 0.14%. The Nasdaq Composite index fell 0.30%. The MSCI...
Read More
Monday, December 19, 2022
Hawkish comments by the Fed and weak economic data heightened investors’ recession concerns and sent stocks lower last week.The Dow Jones Industrial Average lost 1.66%, while the Standard & Poor’s 500 retreated 2.08%. The...
Read More
The financial markets are complex systems. They can move from one event to the next so quickly that it's hard to know what’s driving prices.For example, look at the roundtrip oil prices in the chart below.Oil prices surged to...
Read More
Monday, December 12, 2022
Recession fears and concerns that the Fed may consider a longer rate-hike cycle sent stocks lower for the week.The Dow Jones Industrial Average dropped 2.77%, while the Standard & Poor’s 500 fell 3.37%. The Nasdaq Composite index...
Read More
Wednesday, October 26, 2022
I’ve always been a little cautious when people say, “it’s different this time.” But the table below suggests the Fed is approaching 2022’s inflation differently than other financial events in recent...
Read More
Friday, October 7, 2022
The details regarding the one-time student loan debt relief program are a little fluid. We are trying to keep abreast of the changes. Keep checking back and we will post updates as we get them.
Read More
Tuesday, March 8, 2022
I want it now! When we want something most of us can run right out and get it or order it online and get it tomorrow. Delayed gratification can be really rewarding. Listen to Gary share an inspiring story story about delayed gratification.
Read More
Thursday, January 27, 2022
To increase your chances of success with regard to financial wellness you need a plan and a goal. Hear what Gary Seibel and David DeRosa have to say as they continue their discussion regarding spending plans.
Read More
Tuesday, January 11, 2022
Gary and David continue their discussion regarding Financial Wellness. In this episode they discuss expenses. Knowing where your money comes from is important, knowing where it all goes should not be a mystery. Where does it all go?
Read More
Tuesday, January 4, 2022
David DeRosa and Gary Seibel talk about the first step for creating a spending plan. Give us a call to help you start your journey to financial wellness.
Read More
Monday, December 27, 2021
Gary Seibel and David DeRosa share some tips on Financial Wellness - in this video they discuss budgeting or as David prefers, Spending Plan.
Read More
Wednesday, November 10, 2021
We are inundated with marketing messages everyday. If that isn't bad enough, we are goaded by banks and credit card companies to use credit cards to buy the stuff the marketers are selling. Are credit cards a super amazing convenience...
Read More
Friday, October 29, 2021
Let me talk to you a little bit about financial wellness. Financial wellness isn't just about having lots of money or having all the investment advice put into a shell and being able to listen to it like you can with a shell from the...
Read More
Wednesday, May 5, 2021
Will your retirement dreams match your reality?That's perhaps the most critical question to ask people who are currently retired. Was your retirement what you expected, or was it something else?For more than 30 years, the Employee...
Read More
Monday, April 26, 2021
Non-fungible tokens, or NFTs, have been the recipient of the latest buzz. NFTs are digital files attached to blockchain codes. If you know anything about digital currencies, you’re probably aware that these blockchain codes are...
Read More
Thursday, January 21, 2021
The personal savings rate in the United States, which is the amount of income left after taxes and household spending, has reached some significant milestones.In April, when much of the country stayed home to avoid the COVID-19...
Read More
Wednesday, December 9, 2020
The start of the holiday shopping season can provide important clues about the economy's state and, more importantly, overall consumer confidence. So far, the results have been a “mixed bag” with empty malls and busy...
Read More
Monday, November 2, 2020
It should come as no surprise that the economy is the most crucial issue in the upcoming election.But here's something that may surprise you. More than 90% of investors say they plan to change their portfolio in the 12 months...
Read More
Saturday, October 31, 2020
The upcoming election is prompting some people to reconsider their investment strategy.In fact, 45% of consumers with $100,000 or more investable assets expect to make changes to their portfolio due to the upcoming 2020 presidential...
Read More
Wednesday, October 28, 2020
It’s a startling statistic.45% of consumers with $100,000 or more investable assets expect to make changes to their investments due to the upcoming 2020 presidential election.1Second-guessing your investment strategy is natural,...
Read More
Monday, October 26, 2020
It should come as no surprise to hear the economy is the top issue for voters in the 2020 election. Nearly 8 in ten voters say that the economy will be very important to them when they cast their votes.1But when voters say...
Read More
Tuesday, October 6, 2020
Stocks advanced last week, propelled by hopes that legislators may reach an agreement for a new fiscal stimulus package and optimism generated by a few corporate deal announcements and initial public offerings.The Dow Jones Industrial...
Read More
Thursday, August 20, 2020
A client recently asked me about stock splits. He asked if there was a possibility that one of the smaller pharmaceutical companies in the race for a COVID-19 vaccine would be a good company to invest in. His thinking was that if...
Read More
An “eye-popping” $2 trillion in cash has been stashed in deposit accounts at U.S. banks since the COVID-19 pandemic first hit the country in January.1This surge of money into banks has no precedent in history.Several...
Read More
Friday, June 12, 2020
Do you know the enemy? Do you have the right weapons to fight the enemy? Mitch Tapson gives us insight into an enemy that we need to overcome as we plan for our financial future.
Read More
Wednesday, May 20, 2020
Here at Cardinal Investment Group we get questions all the time. A client asked an unusual question that really got me thinking. The question was inspired by recent market conditions however, the answer really applies to all market...
Read More
As I’m sure you know, the $2 trillion “Coronavirus Aid, Relief, andEconomic Security” (“CARES”) Act was recently signed into law.The CARES Act is designed to help those most impacted by theCOVID-19...
Read More
Thursday, February 13, 2020
Currency of Love In the spirit of Valentine’s Day we are going to discuss a different type of investing – investing in relationships, specifically our loved ones. What is the balance of your bank account? How about the rate...
Read More
Wednesday, January 8, 2020
New Year's Resolutions So what’s it going to be this year? Have you made a New Year’s resolution this year? Do you make New Year’s resolutions? Why do we make New Year’s resolutions? The custom has roots in...
Read More
The Markets (as of market close December 13, 2019) Positive developments finally arrived in the ongoing trade war between the United States and China. Last Friday, President Trump announced phase one of a trade deal with China. The...
Read More
The Markets (as of market close December 6, 2019) Market performance was uneven last week, culminating in some of the benchmark indexes closing in the black while a few lost value by week's end. A strong jobs report and guarded...
Read More
Tuesday, December 3, 2019
It's that time of year. Time to reflect and raise a cheer. We would love to see you in person, during this holiday season! Please join us at our Christmas Open House.
Read More
The Markets (as of market close November 29, 2019) The holiday-shortened week was a good one for investors as they were encouraged by the growing likelihood of "phase one" in the resolution of the trade war between China and the...
Read More
Tuesday, November 26, 2019
Back in 1621, when the Wampanoag Nation and Pilgrams sat down and had a feast together, it was about much more than a simple meal. It was about two groups of individuals working together and celebrating a harvest. The Wampanoag and...
Read More
The Markets (as of market close November 22, 2019) The market's run of weekly gains ended last week as each of the benchmark indexes listed here lost value. Once again, trade concerns may have prompted investors to pull back from...
Read More
The Markets (as of market close November 15, 2019) The large caps of the Dow and S&P 500 surged last week. The Dow reached 28000 for the first time in its history while the S&P 500 posted solid gains for the sixth consecutive week....
Read More
Monday, November 18, 2019
A Wealth of Thanks We are so fortunate to live in the United States. This year I traveled to Africa and was able to see firsthand the disparity and the reality of poverty. For a time in my career, I lived in Mexico. There again, the...
Read More
The Markets (as of market close November 8, 2019) The Dow hit a new record high last week, and each of the benchmark indexes listed here posted solid gains as investors received encouraging news on the trade front. Both the United...
Read More
Saturday, November 9, 2019
On the 11th month, at the 11th day, on the 11th hour in 1918, the deadliest war in world history ended. It is estimated that between 15 to 19 million soldiers died on both sides of the conflict.
Read More
Wednesday, November 6, 2019
This is the first article in a series expressing gratitude Someone has said that if you want to find gratitude, look for it in the dictionary. I would imagine all of us, if we were honest, would confess that we complain, and gripe more...
Read More
The Markets (as of market close November 1, 2019) A better-than-expected jobs report and strong third-quarter earnings from some major companies drove stock prices higher for the fourth consecutive week. The S&P 500 and the Nasdaq...
Read More
Wednesday, October 30, 2019
As Fire Prevention Month comes to a close, we want to remind you to take a moment to think about fire safety. The purpose of Fire Prevention Month is to raise awareness or remind us about fire safety and help ensure your home and...
Read More
The Markets (as of market close October 25, 2019) Solid corporate earnings reports and encouraging signs on the trade war front spurred stocks higher last week. The S&P 500 reached its second highest closing value by last Friday,...
Read More
The Markets (as of market close October 18, 2019) For the second week in a row, each of the benchmark indexes listed here (except for the Dow) posted gains last week. Stocks got a boost from some strong third-quarter earnings reports...
Read More
The Markets (as of market close October 11, 2019) Last week, President Trump said the United States and China had reached a "substantial, phase-one" agreement to resolve the trade war between the economic giants. Essentially, the...
Read More
Thursday, October 10, 2019
Life is an evolution – and today I will tell you how I have evolved Have any of you had a day in your life when something happened to you that changed your life forever? I have had several very significant days, some good, some...
Read More
The Markets (as of market close October 4, 2019) Stocks and long-term bond yields fell again last week as fears of an economic slowdown, both here and abroad, worried investors. Despite a solid labor report, unfavorable reports from...
Read More
Wednesday, October 2, 2019
“Your position has been eliminated.” This phrase has become all too common. Each year about 20 million Americans lose their job through layoffs - more than 1 out of 10. The reasons vary and most of the time have little to...
Read More
The Markets (as of market close September 27, 2019) Each of the benchmark indexes listed here lost value for the second consecutive week, with the S&P 500, the Dow, and the Nasdaq sinking to levels not seen since August. Investors...
Read More
Wednesday, September 25, 2019
Don't get denied by your medical provider. Make sure you have the new Medicare card. The deadline is ...
Read More
The Markets (as of market close September 20, 2019) Following three consecutive weekly gains, stocks closed down last week. Despite another drop in interest rates, news that a Chinese delegation involved in trade negotiations would be...
Read More
The Markets (as of market close September 13, 2019) Stocks continue to rebound from their August declines, posting gains for the third week in a row. Each of the benchmark indexes listed here increased in value, led by the small caps...
Read More
The Markets (as of market close September 6, 2019) Stocks climbed last week following positive rhetoric from high-ranking Chinese officials who plan to meet for another round of trade discussions in Washington next month. This is...
Read MoreCOUNTDOWN TO COLLEGE Tip: Parlez-vous Francais? Many universities like to see multiple years of foreign language on a transcript. Source: Collegeapps.about.com, March 11, 2016 Most parents want to give their children the best...
Read More
The Markets (as of market close August 30, 2019) Stocks rebounded last week after China's Ministry of Commerce indicated that China had no immediate intention to respond to President Trump's latest threat of an additional round of...
Read More
Tuesday, August 27, 2019
If a Roth is good why not look at the Mega Roth? We have been fans of the Roth IRA for most savers for many years because they grow tax free. Unfortunately, the IRS limits who can contribute to a Roth IRA and they also limit how much...
Read More
The Markets (as of market close August 23, 2019) Stock gains enjoyed earlier last week were lost by week's end on ramped-up trade war rhetoric from the White House. Stocks surged earlier in the week on favorable earnings reports from...
Read More
The Markets (as of market close August 16, 2019) Volatility is the best term to describe stocks last week. Despite a Friday surge, each of the benchmark indexes listed here fell for the third consecutive week. Wednesday proved to be...
Read More
The Markets (as of market close August 9, 2019) Fearful that the ongoing trade war between the United States and China could slow economic growth at home and abroad, investors have pulled money from stocks and adopted a "wait-and-see"...
Read More
The Markets (as of market close August 2, 2019) Not even a strong labor report could save stocks from tumbling last week, likely in response to President Trump's tweet that he intended to raise tariffs on an additional $300 billion...
Read More
The Markets (as of market close July 26, 2019) Strong earnings reports plus a favorable gross domestic product report were enough to boost stocks last week. The S&P 500 notched a new record high last week, as did the Nasdaq. The GDP...
Read More
The Markets (as of market close July 19, 2019) Each of the benchmark indexes listed here closed last week in the red. Energy stocks dropped as oil prices fell. Stocks in communication services and transportation also declined,...
Read More
The Markets (as of market close July 12, 2019) Both the Dow and the S&P 500 reached new record highs last week. The Dow surged past 27000 for the first time, while the S&P 500 surpassed the 3000 threshold. Anticipated testimony from...
Read More
The Markets (as of market close July 5, 2019) Last week, June's labor report was strong enough to likely prompt the Fed to hold interest rates at their current level (and forestall a rate cut). Feeding off the latest labor figures,...
Read More
The Markets (as of market close June 28, 2019) With a strong close last Friday, stocks recovered most of the losses endured earlier last week. Only the Russell 2000 posted a weekly gain, and has climbed over 16% year-to-date. The...
Read More
The Markets (as of market close June 21, 2019) Stocks enjoyed another week of strong growth as investors were encouraged by the Fed's decision to keep interest rates unchanged and hope for a resolution to the ongoing trade war between...
Read More
The Markets (as of market close June 14, 2019) While not as robust as the prior week, stocks still managed to post gains for the second week in a row. Last week started off with a bang for the benchmark indexes listed here, only to...
Read More
The Markets (as of market close June 7, 2019) Markets rebounded nicely last week on hopes that the Federal Reserve Board will cut interest rates in the near future. Early in the week, chairman Jerome Powell said the Fed was closely...
Read More
Treasury yields fell to their lowest level in 2019, gold prices soared, oil prices fell, trade tensions wore on investors' nerves, and stocks fell again last week. Mounting trade tensions between the United States and China, an...
Read More
The Markets (as of market close May 24, 2019) With last week's loss, the Dow suffered its longest weekly losing streak since 2011. Trade tensions between the United States and China seem to be taking a toll on investors' patience....
Read More
The Markets (as of market close May 17, 2019) Investors were heading for the hills early last week as stocks suffered their worst day on Monday following China's announcement that it would impose an additional $60 billion in...
Read More
The Markets (as of market close May 10, 2019) Only a late rally last Friday saved the benchmark indexes from their worst week of the year. As it was, each of the indexes listed here fell at least 2.12%, with the Global Dow and the...
Read More
The Markets (as of market close May 3, 2019) Stocks "labored" for much of last week only to rally following a strong employment report. That report, coupled with the Fed holding interest rates steady, gave investors the confidence to...
Read More
The Markets (as of market close April 26, 2019) The S&P 500 and Nasdaq reached record highs last week on the heels of an unexpectedly strong GDP report. Tech shares got a boost from strong quarterly earnings reports from a major...
Read More
The Markets (as of market close April 19, 2019) Stocks moved very little during the holiday-shortened week (markets were closed in observance of Good Friday). The large caps of the Dow inched up a little over 0.5%, while the S&P 500...
Read More
Gail Murdoch, CFP, President of Cardinal Investment Group, welcomes David DeRosa to the firm where he will serve as a financial advisor. David DeRosa joins Cardinal Investment Group in Conway Cardinal Investment Group has announced...
Read MoreThe Markets (as of market close April 12, 2019) Trading was fairly light last week as investors await the start of quarterly corporate earnings reports. With several large corporations reporting lower-than-expected profits, investors...
Read More
The Markets (as of market close April 5, 2019) Stocks marked a second consecutive week of solid gains, led by the small caps of the Russell 2000 and the tech-heavy Nasdaq. The S&P 500 recorded seven consecutive days of gains through...
Read More
The Markets (as of market close March 29, 2019) Stocks rebounded last week to close the final week of March and the first quarter of 2019 in the black. Each of the benchmark indexes listed here gained over 1.0% for the week, except...
Read More
The Markets (as of market close March 22, 2019) Last week started well for investors as stock indexes continued to climb on the heels of the prior week's robust performance. However, reports of a weakening global economy prompted a...
Read More
The Markets (as of market close Mar. 15, 2019) Tech shares were bullish last week, leading the way for what turned out to be a very strong performance in the market. The tech-heavy Nasdaq outperformed each of the other benchmark...
Read More
The Markets (as of market close March 8, 2019) The benchmark indexes listed here suffered their worst showing last week since December. Hardest hit was the Russell 2000, which fell over 4.0%. Unsettling global economic news had...
Read More
The Markets (as of market close March 1, 2019) The momentum stocks have enjoyed since the beginning of the year waned some last week as investors took time to consider economic and trade developments. The tech-heavy Nasdaq gained the...
Read More
The Markets (as of market close Feb. 22, 2019) The benchmark indexes listed here posted modest gains last week, led by the small caps of the Russell 2000. With another weekly gain, the Dow has enjoyed its longest streak in almost 25...
Read More
The Markets (as of market close February 15, 2019) Stocks extended their streak last week, as each of the benchmark indexes listed here posted gains of atleast 2.0%. Positive developments in the trade talks between the United States...
Read More
The Markets (as of market close February 8, 2019) Most of the benchmark indexes listed here posted gains for the seventh consecutive week. Only the Global Dow lagged behind. Utilities and information technology shares performed well...
Read More
The Markets (as of market close Feb. 1, 2019) The benchmark indexes listed here rose for the week, particularly last Wednesday and Thursday. Strong corporate earnings reports, especially in the communication services sector, helped...
Read More
The Markets (as of market close Jan. 25, 2019) Last week did not start off well in the market. However, stocks rebounded on Friday, recouping much of the value lost earlier in the week. Nevertheless, stocks ended last week relatively...
Read More
The Markets (as of market close Jan. 18, 2019) Rhetoric that trade tensions between the United States and China may be easing helped quell investors’ concerns, prompting a stock market rally last week. The large caps of the S&P...
Read More
The Markets (as of market close Jan. 11, 2019) For the third straight week, stocks posted positive returns by the close of last week. Each of the indexes listed here gained at least 2.40%, with the small caps of the Russell 2000...
Read More
The Markets (as of market close Jan. 4, 2019) Stocks posted solid gains by the close of the first week of the new year. A favorable jobs report helped push the benchmark indexes listed here higher last Friday, as stocks recovered from...
Read More
The Markets (as of market close Dec. 28, 2018) A crazy week of market swings finally closed with each of the benchmark indexes listed here posting gains for the first time in three weeks. Christmas Eve (Monday) saw stocks drop...
Read MoreThe Markets (as of market close Dec. 21, 2018) The tech-heavy Nasdaq had been the only benchmark index to have exceeded its 2017 closing value. That is no longer the case, as an 8.36% drop last week put the Nasdaq more than 8.0% below...
Read More
The Markets (as of market close Dec. 14, 2018) A market correction refers to a decline in a stock or index of at least 10% following a temporary high price. After last week’s losses, the Dow, S&P 500, and Nasdaq are entering...
Read More
The Markets (as of market close Dec. 7, 2018) Losses in technology and health-care stocks accounted for much of last week’s market drop. The tech-heavy Nasdaq and the small caps of the Russell 2000 suffered the largest declines,...
Read MoreThe Markets (as of market close Nov. 23, 2018) Trading volume may have been slower than usual during the Thanksgiving holiday week, but that didn’t stop the downward spiral for stocks. Tumbling oil prices, which fell to their...
Read More
The Markets (as of market close Nov. 23, 2018) Trading volume may have been slower than usual during the Thanksgiving holiday week, but that didn’t stop the downward spiral for stocks. Tumbling oil prices, which fell to their...
Read MoreThe Markets (as of market close Nov. 16, 2018) Volatility best describes last week in the market, as each of the benchmark indexes listed here lost value. Apparently, investors may be having trepidations about ongoing business growth...
Read MoreThe Markets (as of market close Nov. 2, 2018) Stocks posted a solid week of returns for the first time in several weeks, pulling all but one of the major benchmark indexes listed here into positive territory for the year to date. A...
Read More
The Markets (as of market close Oct. 26, 2018) The benchmark indexes suffered another sharp decline last week. Each of the indexes listed here lost value, led by the Global Dow. The S&P 500 and the Nasdaq could be nearing a correction...
Read MoreThe Markets (as of market close October 19, 2018) After a sweat-inducing ride on Wall Street last week, several earnings reports helped ease some of the pain in domestic large caps by Friday’s close. The Dow managed to see a 0...
Read More
The Markets (as of market close October 12, 2018) Despite a surge at the end of the week, stocks plummeted last week. Each of the benchmark indexes listed here lost value, led by the small caps of the Russell 2000, which fell over 5...
Read More
The Markets (as of market close Oct. 5, 2018) Another tough week on Wall Street as stocks and long-term bond prices fell, pushing yields higher. While each of the benchmark indexes listed here lost value last week, the large caps of...
Read More
The Markets (as of market close Sept. 28, 2018) Rising interest rates and ramped-up trade wars put a damper on stocks last week. While not unanticipated, the Fed raised the federal funds target rate 25 basis points and intimated that...
Read More
The Markets (as of market close Sept. 21, 2018) Performance of the benchmark indexes listed here was a mixed bag last week. Large caps of the Dow and S&P 500 outperformed the tech stocks of the Nasdaq and the small caps of the Russell...
Read MoreThe Markets (as of market close Sept. 14, 2018) Tech and foreign stocks led the way as the market rebounded from the prior week’s decline. The prospect of renewed trade talks between China and the United States eased investor...
Read MoreThe Markets (as of market close September 7, 2018) Apparently a strong labor report, which included increasing wages, wasn’t enough to quell investors’ fears as stocks plummeted last week. President Trump’s threat to...
Read More
The Markets (as of market close August 24, 2018) Despite a week that included yet more tariff trepidations and negative headlines on the political front, investors celebrated last Friday as several indexes hit new highs. The S&P 500...
Read More
The Markets (as of market close August 17, 2018) The large caps of the Dow and S&P 500 got a boost from a tentative agreement between the United States and China to settle their trade dispute by November. Strong corporate earnings...
Read More
The Markets (as of market close August 10, 2018) Despite the continued strength shown in corporate earnings reports, investors reeled in their enthusiasm last week, sending the large caps of both the S&P 500 and the Dow plummeting....
Read MoreThe Markets (as of market close August 3, 2018) Tech and mid-cap stocks performed best last week following strong second-quarter corporate earnings reports. Led by the Nasdaq, each of the benchmark indexes listed here posted gains...
Read MoreThe Markets (as of market close July 27, 2018) Tech stocks and small caps took a hit last week as both the Nasdaq and Russell 2000 lost value. The large caps of both the S&P 500 and the Dow closed in positive territory following a...
Read MoreThe Markets (as of market close July 20, 2018) Last week stocks held their own for the most part, with the Dow and S&P 500 posting marginal gains. The tech-heavy Nasdaq fell slightly, while the small caps of the Russell 2000 gained...
Read MoreStocks posted gains for the second week in a row following some good corporate earnings reports. Each of the indexes listed here improved, except for the small caps of the Russell 2000, which dipped less than a half a point....
Read More
The Markets (as of market close July 6, 2018) A positive labor report may have been enough to offset investor concerns about the tit-for-tat tariff war between the United States and its trade partners as stocks posted positive returns...
Read More