Stonecreek Wealth Advisors, Inc. A Fee-only Registered Investment Advisor firm in Salt Lake City, Utah, providing Wealth Management Services : We offer institutional level investment portfolios that you can’t get with a Financial Planner, Financial Advisor, or an ordinary Investment Advisor.

Follow us on Linkedin
1-801-545-0696 contact us

September, 2010

Weekly Free Market Update for September 27, 2010

Presented by Mark Lund, The Investor Coach.

WEEKLY QUOTE
“Successful people ask better questions, and as a result, they get better answers.”
– Anthony Robbins

EXISTING HOME SALES IMPROVE
The National Association of Realtors reported that existing home sales rose 7.6% in August, a rebound from July’s record low. Separately, the Commerce Department said new home sales were flat in August (and 28.9% below year-ago levels). The inventory of unsold new homes decreased 1.4% last month to 206,000 – the smallest number since August 1968.1

MARKET SEES UPSIDE IN DURABLE GOODS DATA
Overall durable goods orders declined 1.3% in August, but that was better than the 1.4% drop forecast by economists polled by Briefing.com. Minus transportation orders, durable goods orders were up 2.0% last month, far better than the 0.5% rise analysts expected. That news helped fuel a 198-point DJIA rally on Friday.2

ECONOMISTS SAY RECESSION DONE; BUFFETT SAYS NO
The National Bureau of Economic Research now says the “Great Recession” ended in June 2009. But Warren Buffett disagrees. Last week, the “oracle of Omaha” told CNBC: “I think we’re in a recession until real per capita GDP gets back up to where it was before … we’re not gonna be out of it for a while, but we will get out of it.”3,4

LEADING INDICATORS ADVANCE 0.3% IN AUGUST
Last month, the Conference Board’s Leading Economic Indicators Index had its best increase since May. This is the second monthly advance in a row for the LEI.5

GOLD TOPS $1,300 FRIDAY
The Federal Reserve hinted at more quantitative easing last week, which helped gold futures. Gold rose above $1,300 in intraday trading Friday on the COMEX and settled at $1,298.10 per ounce. Silver ended the week at another 30-year peak: $21.40 per ounce after a 2.8% weekly advance.6

DOW PUSHES TOWARD 11,000
The DJIA advanced for a fourth straight week, closing Friday at 10,860.26. On the week, it advanced a healthy 2.38%. The S&P 500? Up +2.05% last week to 1,148.64 at Friday’s close. The NASDAQ? Up +2.83% last week to finish at 2,381.22 Friday.7

COMING NEXT WEEK: Tuesday, a new Case-Shiller home prices report & the Conference Board’s Consumer Confidence Index; Thursday, the third 2Q GDP estimate & initial claims; Friday, August consumer spending, the University of Michigan’s final September consumer sentiment survey, the September ISM manufacturing index & new auto sales and construction spending figures.

% CHANGE

Y-T-D

1-YR CHG

5-YR AVG

10-YR AVG

DJIA

+4.14

+11.88

+0.85

+0.05

NASDAQ

+4.94

+12.98

+2.50

-3.64

S&P 500

+3.01

+9.31

-1.10

-2.02

REAL YIELD

9/24 RATE

1 YR AGO

5 YRS AGO

10 YRS AGO

10 YR TIPS

0.81%

1.64%

1.74%

4.03%

Source: cnbc.com, bigcharts.com, ustreas.gov, bls.gov – 9/24/107,8,9,10
Indices are unmanaged, do not incur fees or expenses, and cannot be invested into directly.
These returns do not include dividends.

WEEKLY RIDDLE
I have no heart or mind, but I do have two legs. Yet they only touch the ground when I am not carrying things around. What am I?

Last week’s riddle:
It is passed from hand to hand and pocket to pocket, yet whoever takes it doesn’t know it. Whoever knows it doesn’t want it. And whoever makes it makes sure never to mention it. What is it?

Last week’s answer:
Counterfeit money.

Citations.
1 – marketwatch.com/story/new-home-sales-flat-in-august-2010-09-24 [9/24/10]
2 – thestreet.com/story/10870879/1/stock-market-story-sept-24.html [9/24/10]
3 – fool.com/investing/general/2010/09/20/so-long-recession.aspx [9/20/10]
4 – fool.com/investing/general/2010/09/24/warren-buffett-this-recession-aint-over.aspx [9/24/10]
5 – theatlantic.com/business/archive/2010/09/leading-indicators-improve-in-august/63452/ [9/23/10]
6 – bloomberg.com/news/2010-09-24/silver-climbs-to-30-year-high-beating-gold-with-its-26-advance-this-year.html [9/24/10]
7 – cnbc.com/id/39348037 [9/24/10]
8 – bigcharts.marketwatch.com/historical/default.asp?detect=1&symbol=DJIA&close_date=9%2F24%2F09&x=0&y=0 [9/24/10]
8 – bigcharts.marketwatch.com/historical/default.asp?detect=1&symbol=COMP&close_date=9%2F24%2F09&x=0&y=0 [9/24/10]
8 – bigcharts.marketwatch.com/historical/default.asp?detect=1&symbol=SPX&close_date=9%2F24%2F09&x=0&y=0 [9/24/10]
8 – bigcharts.marketwatch.com/historical/default.asp?detect=1&symbol=DJIA&close_date=9%2F23%2F05&x=0&y=0 [9/24/10]
8 – bigcharts.marketwatch.com/historical/default.asp?detect=1&symbol=COMP&close_date=9%2F23%2F05&x=0&y=0 [9/24/10]
8 – bigcharts.marketwatch.com/historical/default.asp?detect=1&symbol=SPX&close_date=9%2F23%2F05&x=0&y=0 [9/24/10]
8 – bigcharts.marketwatch.com/historical/default.asp?detect=1&symbol=DJIA&close_date=9%2F25%2F00&x=0&y=0 [9/24/10]
8 – bigcharts.marketwatch.com/historical/default.asp?detect=1&symbol=COMP&close_date=9%2F25%2F00&x=0&y=0 [9/24/10]
8 – bigcharts.marketwatch.com/historical/default.asp?detect=1&symbol=SPX&close_date=9%2F25%2F00&x=0&y=0 [9/24/10]
9 – ustreas.gov/offices/domestic-finance/debt-management/interest-rate/real_yield.shtml [9/24/10]
9 – ustreas.gov/offices/domestic-finance/debt-management/interest-rate/real_yield_historical.shtml [9/24/10]
10 – treasurydirect.gov/instit/annceresult/press/preanre/2000/ofm11200.pdf [7/12/00]

This material was prepared by Peter Montoya Inc., and does not necessarily represent the views of the presenting Representative’s Broker/Dealer. This information should not be construed as investment advice. The Dow Jones Industrial Average is a price-weighted index of 30 actively traded blue-chip stocks. The NASDAQ Composite Index is an unmanaged, market-weighted index of all over-the-counter common stocks traded on the National Association of Securities Dealers Automated Quotation System. The Standard & Poor’s 500 (S&P 500) is an unmanaged group of securities considered to be representative of the stock market in general. It is not possible to invest directly in an index. NYSE Group, Inc. (NYSE:NYX) operates two securities exchanges: the New York Stock Exchange (the “NYSE”) and NYSE Arca (formerly known as the Archipelago Exchange, or ArcaEx®, and the Pacific Exchange). NYSE Group is a leading provider of securities listing, trading and market data products and services. The New York Mercantile Exchange, Inc. (NYMEX) is the world’s largest physical commodity futures exchange and the preeminent trading forum for energy and precious metals, with trading conducted through two divisions – the NYMEX Division, home to the energy, platinum, and palladium markets, and the COMEX Division, on which all other metals trade. All information is believed to be from reliable sources; however we make no representation as to its completeness or accuracy. All economic and performance data is historical and not indicative of future results. Market indices discussed are unmanaged. Investors cannot invest in unmanaged indices. The publisher is not engaged in rendering legal, accounting or other professional services. If other expert assistance is needed, the reader is advised to engage the services of a competent professional. Please consult your Financial Advisor for further information. Additional risks are associated with international investing, such as currency fluctuations, political and economic instability and differences in accounting standards.

Weekly Free Market Update for September 20, 2010

Presented by Mark Lund, The Investor Coach.

WEEKLY QUOTE
“It is good to have an end to journey toward; but it is the journey that matters, in the end.”
– Ursula Le Guin

CPI, PPI RISE MODESTLY
According to the Labor Department, the Consumer Price Index rose 0.3% in August while the Producer Price Index advanced 0.4%. You can chalk up the increase to energy prices, especially summer gasoline prices: consumer energy costs rose 2.3% last month, and energy costs for producers went up 2.2%. Yet core CPI was flat in August, while core PPI increased just 0.1%. Over the last 12 months of data, core CPI and core PPI have respectively risen 0.9% and 1.3%.1,2

CONSUMER SENTIMENT SINKS TO 13-MONTH LOW
The final Reuters/University of Michigan consumer sentiment survey for September read 66.6, the lowest figure since August 2009 and way below the 70.0 forecast by economists polled by MarketWatch. The drop likely reflects consumer reaction to stock market and unemployment data earlier in the month.3

SMALL BUSINESS JOBS BILL CLEARS SENATE
Last Wednesday, the Senate voted 61-38 in favor of a measure that would create a $30 billion fund to encourage small business loans at community banks. The legislation would also offer business owners an immediate expensing deduction and give the self-employed a chance to deduct health care costs from self-employment tax on their 2010 federal returns. The Small Business Jobs Act is widely expected to pass in the House and become law.4,5

GOLD & SILVER RALLY TO IMPRESSIVE HEIGHTS
Gold settled at an all-time record close of $1,277.50 per ounce on the COMEX Friday. The precious metal gained 2.5% last week. Silver futures settled at a peak unseen since 1980 on Friday – $20.82 per ounce.6

SEPTEMBER DEFIES EXPECTATIONS
Historically, September has been lousy for stocks – but not in the last few years. So keep your fingers crossed: the Dow has advanced 4.5% over the past three weeks.  The three major U.S. indices logged nice weekly gains from September 13-17, as follows: DJIA, +1.39% to 10,607.85; S&P 500, +1.45% to 1,125.59; NASDAQ, +3.26% to 2,315.61.7

COMING NEXT WEEK: Tuesday, a Fed rate decision + August housing starts & building permits. Thursday, the latest initial claims numbers + August existing home sales & the Conference Board’s leading indicators index. Friday, August new home sales & durable goods orders.

% CHANGE

Y-T-D

1-YR CHG

5-YR AVG

10-YR AVG

DJIA

+1.72

+8.42

-0.0006

-0.19

NASDAQ

+2.05

+8.88

+1.44

-3.79

S&P 500

+0.94

+5.64

-1.81

-2.21

REAL YIELD

9/17 RATE

1 YR AGO

5 YRS AGO

10 YRS AGO

10 YR TIPS

1.00%

1.62%

1.73%

4.03%

Source: cnbc.com, bigcharts.com, ustreas.gov, bls.gov – 9/17/107,8,9,10
Indices are unmanaged, do not incur fees or expenses, and cannot be invested into directly.
These returns do not include dividends.

WEEKLY RIDDLE
It is passed from hand to hand and pocket to pocket, yet whoever takes it doesn’t know it. Whoever knows it doesn’t want it. And whoever makes it makes sure never to mention it. What is it?

Last week’s riddle:
Where does today come before yesterday?

Last week’s answer:
In the dictionary.

Citations.
1 – marketwatch.com/story/us-aug-cpi-up-03-core-rate-unchanged-2010-09-17 [9/17/10]
2 – marketwatch.com/story/wholesale-prices-climb-04-in-august-2010-09-16-847400 [9/16/10]
3 – marketwatch.com/story/us-sept-consumer-sentiment-falls-to-666-2010-09-17-1015520 [9/17/10]
4 – washingtonpost.com/wp-dyn/content/article/2010/09/16/AR2010091600568.html [9/16/10]
5 – seattletimes.nwsource.com/html/nationworld/2012920552_smallbiz171.html [9/16/10]
6 – marketwatch.com/story/gold-futures-climb-to-new-heights-2010-09-17 [9/17/10]
7 – cnbc.com/id/39236921 [9/17/10]
8 – bigcharts.marketwatch.com/historical/default.asp?detect=1&symbol=DJIA&close_date=9%2F17%2F09&x=0&y=0 [9/17/10]
8 – bigcharts.marketwatch.com/historical/default.asp?detect=1&symbol=COMP&close_date=9%2F17%2F09&x=0&y=0 [9/17/10]
8 – bigcharts.marketwatch.com/historical/default.asp?detect=1&symbol=SPX&close_date=9%2F17%2F09&x=0&y=0 [9/17/10]
8 – bigcharts.marketwatch.com/historical/default.asp?detect=1&symbol=DJIA&close_date=9%2F16%2F05&x=0&y=0 [9/17/10]
8 – bigcharts.marketwatch.com/historical/default.asp?detect=1&symbol=COMP&close_date=9%2F16%2F05&x=0&y=0 [9/17/10]
8 – bigcharts.marketwatch.com/historical/default.asp?detect=1&symbol=SPX&close_date=9%2F16%2F05&x=0&y=0 [9/17/10]
8 – bigcharts.marketwatch.com/historical/default.asp?detect=1&symbol=DJIA&close_date=9%2F18%2F00&x=0&y=0 [9/17/10]
8 – bigcharts.marketwatch.com/historical/default.asp?detect=1&symbol=COMP&close_date=9%2F18%2F00&x=0&y=0 [9/17/10]
8 – bigcharts.marketwatch.com/historical/default.asp?detect=1&symbol=SPX&close_date=9%2F18%2F00&x=0&y=0 [9/17/10]
9 – ustreas.gov/offices/domestic-finance/debt-management/interest-rate/real_yield.shtml [9/17/10]
9 – ustreas.gov/offices/domestic-finance/debt-management/interest-rate/real_yield_historical.shtml [9/17/10]
10 – treasurydirect.gov/instit/annceresult/press/preanre/2000/ofm11200.pdf [7/12/00]

This material was prepared by Peter Montoya Inc., and does not necessarily represent the views of the presenting Representative’s Broker/Dealer. This information should not be construed as investment advice. The Dow Jones Industrial Average is a price-weighted index of 30 actively traded blue-chip stocks. The NASDAQ Composite Index is an unmanaged, market-weighted index of all over-the-counter common stocks traded on the National Association of Securities Dealers Automated Quotation System. The Standard & Poor’s 500 (S&P 500) is an unmanaged group of securities considered to be representative of the stock market in general. It is not possible to invest directly in an index. NYSE Group, Inc. (NYSE:NYX) operates two securities exchanges: the New York Stock Exchange (the “NYSE”) and NYSE Arca (formerly known as the Archipelago Exchange, or ArcaEx®, and the Pacific Exchange). NYSE Group is a leading provider of securities listing, trading and market data products and services. The New York Mercantile Exchange, Inc. (NYMEX) is the world’s largest physical commodity futures exchange and the preeminent trading forum for energy and precious metals, with trading conducted through two divisions – the NYMEX Division, home to the energy, platinum, and palladium markets, and the COMEX Division, on which all other metals trade. All information is believed to be from reliable sources; however we make no representation as to its completeness or accuracy. All economic and performance data is historical and not indicative of future results. Market indices discussed are unmanaged. Investors cannot invest in unmanaged indices. The publisher is not engaged in rendering legal, accounting or other professional services. If other expert assistance is needed, the reader is advised to engage the services of a competent professional. Please consult your Financial Advisor for further information. Additional risks are associated with international investing, such as currency fluctuations, political and economic instability and differences in accounting standards.

Weekly Free Market Update for September 13, 2010

Presented by Mark Lund, The investor Coach.

WEEKLY QUOTE
“The secret of being boring is to say everything.”
– Voltaire

OBAMA PROPOSES NEW TAX CREDITS
Last week, President Obama recommended three new tax measures to Congress and the American people – an extension of the Bush-era tax cuts for all but the wealthiest Americans, an immediate deduction for any capital investment that companies make during 2010 or 2011, and a permanent and expanded R&D credit for businesses. In response, Senate Minority Leader Mitch McConnell (R-KY) called it “a last-minute, cobbled-together stimulus bill” that would not improve a “complete lack of confidence” on Main Street in Democratic Party economic policy.1,2

TRADE DEFICIT SHRINKS 14%
A report from the Commerce Department says that America’s trade deficit narrowed to $42.8 billion in July, $7 billion less than the June figure. This is a good sign for 3Q growth. It was the biggest month-over-month reduction since February 2009. The report also noted a 1.8% jump in exports, the best monthly gain seen in that category since August 2008.3

WHOLESALE INVENTORIES GROW
Surpassing forecasts, wholesale stockpiles increased by 1.3% in July. That is the best month in two years for this indicator. Durable goods stockpiles maintained by wholesalers increased by 1.0%, and the inventory-to-sales ratio reached its best level since February 2010.4

BEIGE BOOK OFFERS MIXED NEWS
The Federal Reserve’s latest snapshot of economic conditions in its 12 districts found “economic growth at a modest pace” in five of them: Kansas City, Dallas, San Francisco, St. Louis and Minneapolis. “Positive developments or net improvements” were also noted in the Boston and Cleveland districts. No improvement was seen in the New York, Richmond, Atlanta, Philadelphia or Chicago districts.5

SHORT WEEK BRINGS ANOTHER ADVANCE
In the four market days following Labor Day, the S&P 500 rose 0.46% to 1,109.56. The Dow stayed positive for 2010, rising another 0.14% resulting in a Friday close of 10,462.77. As for the NASDAQ, it gained 0.39% to pull up to 2,242.48 at the closing bell Friday. It was a week of thin volume and mild economic “weather” with no great impact on Wall Street. As of Friday’s close, the S&P 500 was up about 5.7% for the month; the NASDAQ and DJIA were respectively up about 4.5% and 6.1% for September. Next week, we have the latest retail sales and industrial output reports and new CPI and PPI data.6

% CHANGE

Y-T-D

1-YR CHG

5-YR AVG

10-YR AVG

DJIA

+0.33

+8.68

-0.40

-0.65

NASDAQ

-1.18

+7.60

+0.62

-4.24

S&P 500

-0.50

+6.27

-2.13

-2.55

REAL YIELD

9/10 RATE

1 YR AGO

5 YRS AGO

10 YRS AGO

10 YR TIPS

1.02%

1.59%

1.64%

4.03%

Source: cnbc.com, bigcharts.com, ustreas.gov, bls.gov – 9/10/106,7,8,9
Indices are unmanaged, do not incur fees or expenses, and cannot be invested into directly.
These returns do not include dividends.

WEEKLY RIDDLE
Where does today come before yesterday?

Last week’s riddle:
The name of a particular insect is six letters long. You can lop off the last three letters from its name and end up with the name of another insect. What is this six-letter word?

Last week’s answer:
Beetle.


Citations.
1 – cnbc.com/id/39096574 [9/10/10]
2 – content.usatoday.com/communities/theoval/post/2010/09/obama-pitches-new-plan-for-roads-runways-and-rail-lines/1 [9/6/10]
3 – thestreet.com/story/10856254/1/us-trade-deficit-narrows-14-in-july.html [9/9/10]
4 – bloomberg.com/news/2010-09-10/wholesale-inventories-in-u-s-rise-the-most-in-two-years-on-demand-rebound.html [9/10/10]
5 – npr.org/blogs/thetwo-way/2010/09/08/129728343/economy-had-widespread-summer-slowdown-fed-reserve [9/8/10]
6 – cnbc.com/id/39102559 [9/10/10]
7 – bigcharts.marketwatch.com/historical/default.asp?detect=1&symbol=DJIA&close_date=9%2F10%2F09&x=0&y=0 [9/10/10]
7 – bigcharts.marketwatch.com/historical/default.asp?detect=1&symbol=COMP&close_date=9%2F10%2F09&x=0&y=0 [9/10/10]
7 – bigcharts.marketwatch.com/historical/default.asp?detect=1&symbol=SPX&close_date=9%2F10%2F09&x=0&y=0 [9/10/10]
7 – bigcharts.marketwatch.com/historical/default.asp?detect=1&symbol=DJIA&close_date=9%2F9%2F05&x=0&y=0 [9/10/10]
7 – bigcharts.marketwatch.com/historical/default.asp?detect=1&symbol=COMP&close_date=9%2F9%2F05&x=0&y=0 [9/10/10]
7 – bigcharts.marketwatch.com/historical/default.asp?detect=1&symbol=SPX&close_date=9%2F9%2F05&x=0&y=0 [9/10/10]
7 – bigcharts.marketwatch.com/historical/default.asp?detect=1&symbol=DJIA&close_date=9%2F11%2F00&x=0&y=0 [9/10/10]
7 – bigcharts.marketwatch.com/historical/default.asp?detect=1&symbol=COMP&close_date=9%2F11%2F00&x=0&y=0 [9/10/10]
7 – bigcharts.marketwatch.com/historical/default.asp?detect=1&symbol=SPX&close_date=9%2F11%2F00&x=0&y=0 [9/10/10]
8 – ustreas.gov/offices/domestic-finance/debt-management/interest-rate/real_yield.shtml [9/10/10]
8 – ustreas.gov/offices/domestic-finance/debt-management/interest-rate/real_yield_historical.shtml [9/10/10]
9 – treasurydirect.gov/instit/annceresult/press/preanre/2000/ofm11200.pdf [7/12/00]

This material was prepared by Peter Montoya Inc., and does not necessarily represent the views of the presenting Representative’s Broker/Dealer. This information should not be construed as investment advice. The Dow Jones Industrial Average is a price-weighted index of 30 actively traded blue-chip stocks. The NASDAQ Composite Index is an unmanaged, market-weighted index of all over-the-counter common stocks traded on the National Association of Securities Dealers Automated Quotation System. The Standard & Poor’s 500 (S&P 500) is an unmanaged group of securities considered to be representative of the stock market in general. It is not possible to invest directly in an index. NYSE Group, Inc. (NYSE:NYX) operates two securities exchanges: the New York Stock Exchange (the “NYSE”) and NYSE Arca (formerly known as the Archipelago Exchange, or ArcaEx®, and the Pacific Exchange). NYSE Group is a leading provider of securities listing, trading and market data products and services. The New York Mercantile Exchange, Inc. (NYMEX) is the world’s largest physical commodity futures exchange and the preeminent trading forum for energy and precious metals, with trading conducted through two divisions – the NYMEX Division, home to the energy, platinum, and palladium markets, and the COMEX Division, on which all other metals trade. All information is believed to be from reliable sources; however we make no representation as to its completeness or accuracy. All economic and performance data is historical and not indicative of future results. Market indices discussed are unmanaged. Investors cannot invest in unmanaged indices. The publisher is not engaged in rendering legal, accounting or other professional services. If other expert assistance is needed, the reader is advised to engage the services of a competent professional. Please consult your Financial Advisor for further information. Additional risks are associated with international investing, such as currency fluctuations, political and economic instability and differences in accounting standards.

Weekly Free Market Update for September 7, 2010

Presented by Mark Lund, The Investor Coach.

WEEKLY QUOTE
“Pleasure may come from illusion, but happiness can come only of reality.”
– Sebastien-Roch Nicolas De Chamfort

JOBLESS RATE RISES, AND SO DO STOCKS
Friday, the Labor Department reported 9.6% unemployment in August. While that was no improvement from July’s 9.5% mark, there was some good news within the report – news that helped the Dow to a triple-digit Friday gain. First of all, the private sector hired 67,000 new workers – more than the 41,000 analysts expected. Economists polled by Briefing.com feared the report would show a net loss of 107,000 jobs; instead, that net reduction was just 54,000. Job losses for June and July were also revised downward by the Labor Department.1,2

CONSUMER SPENDING UP 0.4%
Personal spending had been flat in June, so investors welcomed the change of pace in July. Personal income rose 0.2% in July, with private sector salaries and wages up 0.5%. The personal savings rate declined to 5.9% from June’s 6.2% mark, implying that more after-tax income had been spent.3

ISM INDICES SIGNAL EXPANSION
The Institute for Supply Management’s manufacturing sector index went to 56.3 in August from 55.5 in July. ISM’s August service sector index came in at 51.5, below the 53.5 forecast by economists polled by Reuters. Anything above 50 means growth, yet this is down from the 54.3 mark of July. The index’s employment barometer fell to 48.2 and its new orders gauge fell to 52.4 from 56.7 in July. 4

CONFERENCE BOARD GAUGES MORE OPTIMISM
The Conference Board Consumer Confidence Index rose to 53.5 in August, a notable increase from the 51.0 of July. Peering deeper into the survey, the CB’s index of present conditions slipped to 24.9 in August from 26.4 in July, but its index of future expectations improved from 67.5 all the way to 72.5.5

HOME PRICES RISE FOR THIRD STRAIGHT MONTH
The June edition of the Case-Shiller Home Price Index revealed a 1.0% gain – the third monthly advance for the index, which studies prices of existing homes in 20 metropolitan areas. Only one of those 20 areas saw prices decrease: Las Vegas.6

DOW GOES BACK IN THE BLACK
September got off to a nice start on Wall Street – the three major U.S. indices all gained ground. The DJIA advanced 2.93% last week to settle at 10,447.93 Friday. The NASDAQ soared 3.72% to 2,233.75, and the S&P 500 topped the 1,100 level with a 3.75% weekly gain (it closed at 1,104.50 Friday).7

% CHANGE

Y-T-D

1-YR CHG

5-YR AVG

10-YR AVG

DJIA

+0.19

+11.81

+0.00001

-0.70

NASDAQ

-1.56

+12.63

+0.87

-4.72

S&P 500

-0.95

+10.09

-1.86

-2.74

REAL YIELD

9/3 RATE

1 YR AGO

5 YRS AGO

10 YRS AGO

10 YR TIPS

1.09%

1.69%

1.59%

4.03%

Source: cnbc.com, bigcharts.com, ustreas.gov, bls.gov – 9/3/107,8,9,10
Indices are unmanaged, do not incur fees or expenses, and cannot be invested into directly.
These returns do not include dividends.

WEEKLY RIDDLE
The name of a particular insect is six letters long. You can lop off the last three letters from its name and end up with the name of another insect. What is this six-letter word?

Last week’s riddle:
A woman walking along a canal sees a boat full of people, yet there isn’t a single person on board. How could this be?

Last week’s answer:
Everyone aboard the boat is married.

Citations.
1 – cnbc.com/id/38988946 [9/3/10]
2 – briefing.com/Investor/Public/Calendars/EconomicCalendar.htm [9/3/10]
3 – online.wsj.com/article/SB10001424052748703369704575461293945190712.html [8/31/10]
4 – marketwatch.com/story/services-growth-slows-in-august-ism-says-2010-09-03-102400 [9/3/10]
5 – conference-board.org/press/pressdetail.cfm?pressid=3997 [8/31/10]
6 – marketwatch.com/story/us-home-prices-rose-10-in-june-2010-08-31?dist=countdown/ [8/31/10]
7 – cnbc.com/id/38996210 [9/3/10]
8 – bigcharts.marketwatch.com/historical/default.asp?detect=1&symbol=DJIA&close_date=9%2F3%2F09&x=0&y=0 [9/3/10]
8 – bigcharts.marketwatch.com/historical/default.asp?detect=1&symbol=COMP&close_date=9%2F3%2F09&x=0&y=0 [9/3/10]
8 – bigcharts.marketwatch.com/historical/default.asp?detect=1&symbol=SPX&close_date=9%2F3%2F09&x=0&y=0 [9/3/10]
8 – bigcharts.marketwatch.com/historical/default.asp?detect=1&symbol=DJIA&close_date=9%2F2%2F05&x=0&y=0 [9/3/10]
8 – bigcharts.marketwatch.com/historical/default.asp?detect=1&symbol=COMP&close_date=9%2F2%2F05&x=0&y=0 [9/3/10]
8 – bigcharts.marketwatch.com/historical/default.asp?detect=1&symbol=SPX&close_date=9%2F2%2F05&x=0&y=0 [9/3/10]
8 – bigcharts.marketwatch.com/historical/default.asp?detect=1&symbol=DJIA&close_date=9%2F1%2F00&x=0&y=0 [9/3/10]
8 – bigcharts.marketwatch.com/historical/default.asp?detect=1&symbol=COMP&close_date=9%2F1%2F00&x=0&y=0 [9/3/10]
8 – bigcharts.marketwatch.com/historical/default.asp?detect=1&symbol=SPX&close_date=9%2F1%2F00&x=0&y=0 [9/3/10]
9 – ustreas.gov/offices/domestic-finance/debt-management/interest-rate/real_yield.shtml [9/3/10]
9 – ustreas.gov/offices/domestic-finance/debt-management/interest-rate/real_yield_historical.shtml [9/3/10]
10 – treasurydirect.gov/instit/annceresult/press/preanre/2000/ofm11200.pdf [7/12/00]

This material was prepared by Peter Montoya Inc., and does not necessarily represent the views of the presenting Representative’s Broker/Dealer. This information should not be construed as investment advice. The Dow Jones Industrial Average is a price-weighted index of 30 actively traded blue-chip stocks. The NASDAQ Composite Index is an unmanaged, market-weighted index of all over-the-counter common stocks traded on the National Association of Securities Dealers Automated Quotation System. The Standard & Poor’s 500 (S&P 500) is an unmanaged group of securities considered to be representative of the stock market in general. It is not possible to invest directly in an index. NYSE Group, Inc. (NYSE:NYX) operates two securities exchanges: the New York Stock Exchange (the “NYSE”) and NYSE Arca (formerly known as the Archipelago Exchange, or ArcaEx®, and the Pacific Exchange). NYSE Group is a leading provider of securities listing, trading and market data products and services. The New York Mercantile Exchange, Inc. (NYMEX) is the world’s largest physical commodity futures exchange and the preeminent trading forum for energy and precious metals, with trading conducted through two divisions – the NYMEX Division, home to the energy, platinum, and palladium markets, and the COMEX Division, on which all other metals trade. All information is believed to be from reliable sources; however we make no representation as to its completeness or accuracy. All economic and performance data is historical and not indicative of future results. Market indices discussed are unmanaged. Investors cannot invest in unmanaged indices. The publisher is not engaged in rendering legal, accounting or other professional services. If other expert assistance is needed, the reader is advised to engage the services of a competent professional. Please consult your Financial Advisor for further information. Additional risks are associated with international investing, such as currency fluctuations, political and economic instability and differences in accounting standards.



Get Mark's New Book

The Effective Investor Book

Exclusive Offer!
Sign up for a free consultation with Stone Creek Wealth Advisors & receive Mark Lunds new book "The Effective Investor" for free!


Sign Up Now!