State of the Union Preview Jeffrey Kleintop, CFA Chief Market Strategist LPL Financial Highlights President Obama’s State of the Union (SOTU), scheduled for Tuesday, January 24, is unlikely to be a big market mover. In fact, most SOTU speeches see less than a 1% move in the stock market on the following day. However, the [...]
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Stock Market’s Flat 2011 May Suggest Booming 2012 Jeffrey Kleintop, CFA Chief Market Strategist LPL Financial Highlights During the last trading day of 2011, volatility drove the S&P 500 down in the final seconds to leave the Index unchanged from where it started the year and the total return at a mere 2%. There have [...]
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Black Friday Caps a Dark Week for Investors Jeffrey Kleintop, CFA Chief Market Strategist LPL Financial Highlights It was a black Friday for investors as the holiday week closed with the S&P 500 turning in its worst performance during the week of Thanksgiving since 1932. Fear gripped the market that the risk of a default [...]
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Kicking the Cannes Jeffrey Kleintop, CFA Chief Market Strategist LPL Financial Highlights Stock market volatility was driven by last week’s political brinkmanship derailing plans to secure funding support from China and other countries for the European debt rescue plan, kicking the implementation of the plan down the road well past the G20 meeting in Cannes. [...]
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LPL Financial Weekly Market Commentary for November 15, 2011
by Rose Greene, CFP on November 15, 2011
The Best Year-End Strategy May be to Invest by the Book Jeffrey Kleintop, CFA Chief Market Strategist LPL Financial Highlights All of the time-worn stock market trading axioms based on the calendar actually were worth following this year, including the “January effect”, “sell in May and go away” and October the “bear killer” month. This [...]
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