Welcome to the blog of Senior Financial Advisors, Inc. We will be uploading articles that are relevant to the current market situation, so keep checking in. We’re glad to have you reading along.
Stocks treaded water last week amid fading prospects for a stimulus bill, fears of a second wave of COVID-19 cases, and increasing political and regulatory pressures on Big Tech companies.The Dow Jones Industrial Average added just 0...
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Think Twice About Cancelling Credit Cards You No Longer UseIt may seem like a good idea to close credit card accounts you no longer use to avoid annual fees or if you’re not benefiting from reward programs during the pandemic....
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Stocks staged a powerful rally last week, riding a wave of optimism over the prospect of the passage of a new fiscal stimulus bill.The Dow Jones Industrial Average rose 3.27%, while the Standard & Poor’s 500 increased 3.84%....
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Stocks advanced last week, propelled by hopes that legislators may reach an agreement for a new fiscal stimulus package and optimism generated by a few corporate deal announcements and initial public offerings.The Dow Jones Industrial...
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Stocks were mixed last week as worries that stretched from Washington D.C., where prospects of a new fiscal stimulus bill dimmed, to Europe, which saw an increase of new COVID-19 cases.The Dow Jones Industrial Average declined 1.75%,...
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Stocks slipped as the technology sector remained under pressure and a mid-week announcement by the Federal Reserve failed to inspire investors.The Dow Jones Industrial Average declined 0.03%, while the Standard & Poor’s 500...
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Stocks traveled a volatile path last week as investors appeared concerned about the upcoming elections, an uncertain economy, and more delays with additional fiscal stimulus.The Dow Jones Industrial Average slid 1.66%, while the...
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A late week sell-off sent stocks broadly lower as investors took some profits after stocks reached all-time highs earlier in the week.The Dow Jones Industrial Average slid 1.82%, while the Standard & Poor’s 500 slumped 2.31%...
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Stocks advanced relentlessly last week on positive COVID-19 developments, encouraging economic data, and a supportive policy shift in the Fed’s approach to its target inflation rate.The Dow Jones Industrial Average increased by...
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Weekly Recap August 17-21, 2020 RecapRecord-Setting WeekLow-Volatility Winning Streak ExtendedThe S&P 500 completed its fourth straight weekly advance, it’s longest winning streak of the year. Favorable economic data in...
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5 Ways You Can Protect Against the Growing Number of Tax Scams in 2020Just when you thought you had enough to be concerned with, the Internal Revenue Service (IRS) revealed it’s annual "Dirty Dozen" list of tax scams in July,...
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Click to check out the Weekly Recap for August 3rd-7th.
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The consumer will shape the Economic Recovery. Click the link to see how.
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Click to find out what the Rest of 2020 is predicted to look like.
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Strong Week, Be Cautious
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Click here to view Cetera's Brief on what's to come.
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Recent panic caused by the spread of the coronavirus (COVID-19) has led to a stock market decline and has many investors feeling anxious. While portfolios will see ups and downs and this is a normal part of investing, the recent...
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