Market Review and Trends
DOW : 13,895.98 Up 70.65(0.51%)
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  January 26, 2013
 
The S&P 500 rose 1.1 percent in the past week to 1502, its first close above 1500 since Dec. 10, 2007. The Dow was up 1.8 percent at 13,895, the highest level since Oct. 31, 2007, and just 1.9 percent away from its all-time high. The Nasdaq was up 0.5 percent at 3149, held back by big losses in Apple, which fell sharply on disappointing earnings news. Some analysts believe that big round numbers, like 1500 and 14,000 on the Dow are zones that could cause a mild pullback in stocks, or a pause in the not too distant future.
Stocks closed higher Friday, with the S&P 500 ending above 1,500 and logging its longest winning streak since November 2004, boosted by a batch of upbeat corporate earnings reports. All three major averages turned in their fourth-consecutive weekly gain. "Slowly but steadily, things have moved ......
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By Create Wealth Through Long-Term Investing and Short-Term Trading
I am 62 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and finally retired @ 60 from full-time job as employee on 1 Oct 2016. Single household income since 1995 with three children. Eldest son and daughter are now working and youngest son still in his 3nd year Uni in SUTD. I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that Panda or Koala in the investment world; but I am still surviving well in the wild. I am now executing my Three Taps solution model to maintain sustainable retirement income for life till 2038. Cheers!
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