Stocks Were Down and Then Up, GDP and Earnings are Up, and Time to Vote

Posted in , , , , , , By David M. Smith

Enjoy this week's edition of The Friday Buzz.  I hope it's worthy of a few minutes of your time to wrap up your week and kick off the weekend. 

  • Stocks Recover Mid-Week:  The volatility continued in stocks this week.  On Monday all three major stock indexes were up strongly before reversing and ending the day down.  During trading Monday, all three major indexes, the Dow, NASDAQ, and S&P were in correction territory, which is defined as being 10% below their peak.  By Wednesday the S&P had finished up two consecutive days in a row for the first time for October. 

Thank you for taking the time to read The Friday Buzz.  Have a great weekend!

david-m-smith

About the Author David M. Smith

David is a Senior Financial Advisor and the firm’s Co-Chief Investment Officer. He has more than 20 years’ experience in the financial services industry and holds the highly respected Certified Investment Management Analyst™ and Certified Financial Planner™ designations; he is a Co-Managing Member of the firm.
Disclaimer and Disclosures: Past performance is no guarantee of future results. The information provided here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. Our opinions are subject to change without notice as market and economic conditions shift.