Showing posts with label Weekly Market Review. Show all posts
Showing posts with label Weekly Market Review. Show all posts

Thursday, December 10, 2015

December 7, 2015 Weekly Market Review from Maier & Associates Financial Group

The first week of December proved quite volatile, with some of the major indexes listed here rallying on Friday to close ahead of the week before. Some of the upward movement from investors may have come in response to another good jobs report and the fact that the economy is stable enough to warrant a likely interest rate increase when the Fed meets later this month. The S&P 500, Dow, and Nasdaq registered marginal gains week-on-week, while the Russell 2000 and the Global Dow lost value. With additional stimulus measures announced by the European Central Bank, it will be interesting to see the effect they have on European stocks in the coming weeks.

The price of gold (COMEX) rebounded after several weeks of trending downward, selling at $1,085.80 by late Friday afternoon compared to $1,056.10 a week earlier. Crude oil (WTI) prices fell, selling at $40.14 per barrel by week's end. The national average retail regular gasoline price decreased to $2.059 per gallon on November 30, 2015, $0.035 below the previous week's price of $2.094 per gallon, and $0.719 below a year ago.


December 7, 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.

Follow Us: FacebookTwitterGoogle +

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.

Follow Us: FacebookTwitterGoogle +

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.

Follow Us: FacebookTwitterGoogle +

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.

Follow Us: FacebookTwitterGoogle +

Thursday, September 17, 2015

September 14, 2015 Weekly Market Update from Maier & Associates Financial Group

The stock market rebounded nicely from the prior week's sell-off with each of the major indexes listed here posting positive gains last week. The Nasdaq was the leader, increasing 2.96% ahead of the previous week's close, followed by the S&P 500 and the Dow. Nevertheless, market uncertainty abounds, as investors anxiously await news from this week's Federal Reserve policymakers' meeting relative to a potential interest rate hike.

The price of gold (COMEX) dropped again, selling at about $1,107.90 by late Friday afternoon compared to $1,122.30 a week earlier. Crude oil (WTI) prices remained relatively the same, selling at $44.78/barrel by week's end. The national average retail regular gasoline price decreased to $2.437 per gallon on September 7, 2015, $0.073 under the previous week's price of $2.510 per gallon and $1.02 below a year ago.
September 14, 2015 Weekly Market Update 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.

Follow Us: FacebookTwitterGoogle +

Wednesday, August 19, 2015

August 17, 2015 Weekly Market Update from Maier & Associates Financial Group

Stocks moved slightly ahead of last week. Both the large-cap S&P 500 and Dow posted modest gains by week's end as did the small-cap Russell 2000. The Nasdaq was relatively flat posting only a 0.09% gain week-on-week. The Global Dow, possibly influenced by the generally slumping Chinese economy coupled with that government's devaluation of the yuan, finished the week in negative territory.

The price of gold (COMEX) rebounded from last week, selling at about $1,113.20 by late Friday afternoon. Prices for crude oil (WTI) fell to a level not seen since early 2009, selling at $42.18/barrel by week's end. The national average retail regular gasoline price decreased to $2.629 per gallon on August 10, 2015, $0.060 less than last week's price and $0.876 below a year ago.

August 17, 2015 Weekly Market Update 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.

Follow Us: FacebookTwitterGoogle +

Wednesday, August 12, 2015

August 11, 2015 Weekly Market Update from Maier & Associates Financial Group

It could be the result of an impending interest rate hike in September, or slumping oil prices, or lackluster earnings reports from some major companies, or it could be just summer doldrums, but the stock market definitely languished this past week as it has for most of the summer. The Dow continued its losing streak, falling over 300 points by week's end. The S&P 500 and Nasdaq followed the trend as well. but the week's biggest loser was the small-cap Russell 2000, which dropped 31 points, or over 2.5%.

Possibly in response to the increasing likelihood that interest rates are going up in the near term, the price of gold (COMEX) fell a bit compared to last week, selling at about $1,093.00 by late Friday afternoon. Prices for crude oil (WTI) continued spiraling downward, selling at $43.75/barrel by week's end. The national average retail regular gasoline price decreased to $2.689 per gallon on August 3, 2015, $0.056 less than last week's price and $0.826 below a year ago.


August 11, 2015 Weekly Market Update 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.

Follow Us: FacebookTwitterGoogle +

Friday, August 7, 2015

August 3, 2015 Weekly Market Update from Maier & Associates Financial Group

The stock markets rebounded last week amid a tepid report from the Federal Open Market Committee seemingly halting talk of an imminent interest rate hike – although every indication points to some rate movement before the end of the year. Nevertheless, each of the major U.S. indexes showed improvement over last week. Both the large-cap Dow (121 points) and S&P 500 (24 points) posted gains, as did Nasdaq, which jumped almost 40 points. Even the Global Dow showed improvement.

On the other hand, the price of gold (COMEX) continued to hover around $1,095.00 as the demand remained weak. Crude oil (WTI) saw some upward movement early in the week, but ended up losing value – selling at $46.77/barrel as of late afternoon Friday. The national average retail regular gasoline price was $2.745 per gallon on July 27, 2015, $0.057 less than last week's price and $0.794 below a year ago.


August 3, 2015 Weekly Market Update from Maier & Associates Financial Group


August 3, 2015 Weekly Market Update 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.

Follow Us: FacebookTwitterGoogle +