Responsibly Managing Investment Accounts Over 25 Years
Although I’m based in Marin County my clients are from all over the San Francisco Bay Area, California, the rest of the U.S. and abroad. My clients are individuals, family trusts, businesses, business retirement plans, non-profits and foundations.
This blog is intended to help individual investors with simple and timely tips and important information on markets, investment management and financial planning.
The Rally Continues
October 10, 2011 Leave a comment
We’re up over 10% from the market lows of last week. Tuesday we sold off through this year’s market lows (on most indices) and it looked like we were going to sell off from there. But the market sniffed improvements in the European debt situation, which have materialized finally, and responded to not as bad as expected domestic economic news.
After a flat to slightly down Friday we are up nearly 3% on the S&P this morning. We’re nearing the top end of our previous trading range at 1200-ish on the S&P (currently1189.) Volume on this lift hasn’t been exceptional, but the rally still feels solid and could be setting us up for a positive Q4.
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Filed under Investment Management, Markets Commentary Tagged with market, stock