We don’t know what markets will do today–they’re down so far–but in the previous 6 days stocks, represented by the S&P 500 Index of large American companies, dropped 12.03%. This is of course a big decline, but how far does this set investors back? Well, to be precise, ...
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I’m resisting the urge to begin this brief post with a pun on “T’was the Night Before Christmas.” In any case, today’s half-day of trading stocks sold off strongly again, cementing this December as one of the worst on record (since 1931 to be precise). When the market closed at 1pm today the ...
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Below is a review of market sectors in the fourth quarter of 2016 jointly written by our investment team. Energy Energy stocks were the best performers for the year, posting gains of 25%. In the fourth quarter, the energy sector was up 8%. Over 100 oil and gas produces have declared ...
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Should a wealth manager spend his time picking stocks or picking funds that pick stocks? I pose the question because at O’Brien Greene we pick stocks (and bonds and other publicly traded securities like real estate investment trusts or REITs) for our clients, and we think that this is a ...
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The other day I posted on some of the highlights of Apple’s recent quarter, and now that its earnings report is out, we know just how well the company did. The gist, as the Wall Street Journal reports, is that compared to the previous year Apple sold considerably more iPhones at higher ...
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