Monday, November 30, 2015

November 23, 2015 Weekly Market Review from Maier & Associates Financial Group

Despite the terrorist attacks in Paris and Mali, stocks climbed higher by the close of last week. Investors may have been influenced by favorable earnings reports from some large companies and the feeling that the impending Fed interest rate hike may be a sign the government believes the economy is on a definite upswing. The S & P 500 and the Dow saw significant gains, rising 3.27% and 3.35%, respectively. Nasdaq continues to be a consistent performer, closing last week up almost 8% year-to-date.

The price of gold (COMEX) decreased, selling at $1,077.30 by late Friday afternoon compared to $1,083.20 a week earlier. Crude oil (WTI) prices gained, selling at $41.46 per barrel by week's end. The national average retail regular gasoline price decreased to $2.178 per gallon on November 16, 2015, $0.057 below the previous week's price of $2.235 per gallon, and $0.716 below a year ago.


November 23, 2015 Weekly Market Review from Maier & Associates Financial Group

Maier & Associates Financial Group is here to help!

At Maier & Associates, we are committed to helping you manage your finances as you strive to achieve your financial goals today, tomorrow, and many years down the road. Your financial success is important to us, which is why we create a wealth management strategy designed to meet your personal financial goals and dreams. Visit our website at http://maierandassociates.com/ or simply give us a call at (800) 282-4503.

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Monday, November 23, 2015

November 16, 2015 Weekly Market Review from Maier & Associates Financial Group

November 16, 2015 – Stocks fell sharply this week, possibly in anticipation of the Federal Reserve's impending interest rate hike, maybe as soon as next month. The Dow lost a little over 665 points, or 3.71%, closing the week at 17245.24. The S&P 500 fell 3.63%, and the Nasdaq, which has been a consistent gainer, dropped over 4%. Last week's declines follow an October during with equities climbed out of a summer slump to register positive gains year-to-date. Those gains have dissipated for the most part, with only the Nasdaq ahead of last year.

The price of gold (COMEX) decreased, selling at $1,083.90 a week earlier. Crude oil (WTI) prices fell, selling at $40.73 per barrel by week's end. The national average retail regular gasoline price increased to $2.235 per gallon on November 9, 2015, $0.011 over the previous week's price of $2.224 per gallon, but still $0.706 below a year ago.

November 16, 2015 Weekly Market Review from Maier & Associates Financial Group

Maier & Associates Financial Group is here to help!

At Maier & Associates, we are committed to helping you manage your finances as you strive to achieve your financial goals today, tomorrow, and many years down the road. Your financial success is important to us, which is why we create a wealth management strategy designed to meet your personal financial goals and dreams. Visit our website at http://maierandassociates.com/ or simply give us a call at (800) 282-4503.

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Tuesday, November 3, 2015

October 28, 2015 Weekly Market Review from Maier & Associates Financial Group

October 28, 2015 – Below are three financial facts that you might find interesting:

Fact #1
New orders for durable goods – turbines, trucks and other products designed to last at least three years – declined a seasonally adjusted 1.2% in September from a month earlier, the Commerce Department reported.

Fact #2
Nearly 54 million Americans are now doing freelance work, according to a new study conducted by Upwork.com, and an estimated 60% of them made the jump by choice, an increase of 7% from last year.

Fact #3
In Hong Kong, the average annual rent for a square foot of office space in a high-rise building is $255.50 compared to approximately $153 a square foot in New York City.


October 28, 2015 Weekly Market Review from Maier & Associates Financial Group

Maier & Associates Financial Group is here to help!

At Maier & Associates, we are committed to helping you manage your finances as you strive to achieve your financial goals today, tomorrow, and many years down the road. Your financial success is important to us, which is why we create a wealth management strategy designed to meet your personal financial goals and dreams. Visit our website at http://maierandassociates.com/ or simply give us a call at (800) 282-4503.

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