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Today’s Market Highlights

Today’s Market Highlights

U.S. Home Sales Post Surprise June Decline.  Sales of newly-constructed homes declined by 8.4% in June to an annualized rate of 350,000, missing the consensus forecast for 372,000.  The decline was led by a 60% record high sales plunge in the northeast region....

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Crafting a successful business plan

Crafting a successful business plan

Banks and other investors will want to know you have a financial plan for you and your intended fledgeling company before they will be willing to partner with you, so what should you put into your first drafts in order to come up with a winning design?

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Supreme Court Stuns Wall Street

Supreme Court Stuns Wall Street

Supreme Court Stuns Wall Street by Upholding Core Healthcare Reform Mandate.  Contrary to widespread expectation, the justices ruled in a 5-4 decision that the reform measure’s “individual mandate” that forces all Americans to buy health insurance or pay a penalty fee...

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Today’s Market Action

Today’s Market Action

The S&P 500 opened modestly higher as investors welcomed a smaller-than-expected annual decline in home prices, sending homebuilder company shares sharply higher.  Equities pared early gains after a reading of consumer confidence fell to a five-month low, with...

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Market Action

Market Action

In spite of the come-to-be-expected volatility last week, stocks were generally up, with the S&P 500 higher 1.3% for the period. The primary theme continued to be the tough situation in Europe, so Friday’s surge upward appeared to be supported by investor...

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A Vacation from Your Finances?

A Vacation from Your Finances?

There’s No Such Getaway You can get away from your job, your home, and your neighbor’s barking dog, but your finances follow you wherever you go. So, it makes sense to review your financial situation at least annually to find out where you stand and whether you need...

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Today’s Market Action

Today’s Market Action

U.S. stocks are extending losses after the latest economic data showed factory orders fell in April for a second month, adding to evidence that U.S. economic growth is slowing.  The S&P 500, the U.S. benchmark equity index is now down 10% from its 2012 peak of...

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