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Michael Johnston: For many investors, March 9, 2009 was a major turning point; on that day the Dow Jones Industrial Average closed below 6,550, capping a disastrous stretch that had erased billions of dollars from portfolios around the world. Fortunately, that proved to be the low point of the recent Read more…
Michael Johnston: Though the year is still very young, 2012 has gotten off to a promising start for investors. Major stock indexes have generally climbed higher throughout the first few weeks thanks Read more…
On whipsaw price action, stocks rallied strongly after early session selling, to close near the highs of the day. The day began with the market gapping higher followed by sharp selling in the first half hour of trade. However, stocks recovered quickly and rallied virtually the entire day and surged into the close. Read more…
In impressive style, stocks bounced back from early losses to post solid gains on higher trade. The day started off slowly for the market but caught a bid around lunch time and never looked back all the way to the close. All five major indices closed higher on the session. The small-cap Russell 2000 Read more…
David Fry: Our goal in this profile is to help investors wade through the many competing ETF offerings available. Using our long experience as an ETF publication, and nearly 40 years in the investment business, we can help select those ETFs that matter and may or may not be repetitive. Read more…
NYSE:FXD, NYSE:IYC, NYSE:RCD, NYSE:RTH, NYSE:VCR, NYSE:XLY, NYSE:XRT, PMR
David Zeiler: Holiday retail sales – which account for almost 40% of retail revenue, worth $453 billion in sales last year – are in jeopardy.
Consumer spending continues to be restrained by an unemployment rate that has stayed above 9% for 26 of the past 28 months. Read more…
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