W. Edward Newton Jr., CFP (R) | 13850 Ballantyne Corporate Place, Suite 500 | Charlotte, NC 28277 | 704-552-8689

 

2016 Downtrend Continues, Oil Below $30/brl...
         for Week Ending 1/15/2016

 

The majors continued their downtrend on week #2 of 2016 with the Dow down 358 pts or -2.19%, the S&P 500 fell 41 pts or -2.17%, and the NASDAQ slid 155 pts or -3.34%. On the energy front oil prices hit a 12-year low as they dipped below $30/barrel which impacted energy stocks. Given the volatile start to 2016 the Fed may hold for a while on any rate increase. We'll see soon at their Jan. 26-27 meeting. Have a good weekend! Ed.



If you have comments or questions on the information in these articles,
as usual feel free to call our offices.



.

 

 


 

"Like" us on our New Facebook FAN Page

 

Hi everyone!!  We've just created a business/fan page for our business.

 

If you want updates on tax or related subjects, click on this link and LIKE our page.
 

We'll post new relevant information on investments, retirement & financial planning that you can read and comment on.

 

Thank you in advance for "Liking" us!

 

 


 

As always you can call our offices if you have any questions about these or any other investment, retirement, financial planning issues, at 704-552-8689. 

 

Regards, W. Edward Newton Jr., CFP (R)

Certified Financial Planner

 

 

 

 

W. Edward Newton Jr., CFP | Certified Financial Planner

13850 Ballantyne Corporate Place, Suite 500 Charlotte, North Carolina 28277 Phone: (704) 552-8689 | Email: ednewton@newtoninvestments.com