Sat08292015

Business & Real Estate

Look for another wild week

The Dow Jones industrial average finished up 0.2 percent last week following Friday’s 211.79-point rally.

Last week started ugly for investors, with a computer glitch shutting down the New York Stock Exchange for several hours, United Airlines grounding its planes, Greece failing to agree to anything, China losing market stature and a 10 percent quick correction hitting the U.S. market.

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The plot thickens in Greece

Stock market averages in the U.S. have teetered back-and-forth on the recent headlines out of Greece. Sunday’s referendum is sure to generate more turmoil, as Greek voters defied Europe and rejected a bailout offer from creditors.

For the first time since 2010, the Dow Jones industrial average declined in the first half of the year, and the Standard & Poor’s 500 index experienced its worst first-half showing in five years. Last week, the Dow fell 1.21 percent to 17,730.11.

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Greece plays into short week

With the dog days of summer approaching, investors face a short workweek – the markets are closed Friday in observance of Independence Day.

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Another flat week for Dow

Stocks fell in another seesaw week, erasing any weekly gains on fears that Greece won’t reach a debt deal.

Investors are staying on the sidelines until the U.S. Federal Reserve meets this week. Investors are edgy and hope that the meeting will provide clues on the timing of an interest-rate hike. An increase in rates will tighten the flow of easy money and raise borrowing costs for companies.

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Prepare for a positive market

Last week’s stock activity was like a seesaw: up and down. When the news was lackluster, the market rallied. When the news was good, the market dropped 160 points because weekly jobless claims hit close to a 15-year low.

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Is the sell-off a wake-up call?

The most effective stock planning can’t determine every outcome, because bad days arrive on the stock market that make you check your cash position. Last week provided a great example.

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Be prepared for a correction

The stock market is exhibiting some weird behavior these days, with volatility and new highs by the day without a correction.

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