May Ends with a Retreat



Table of Contents



Featured Article: May Ends with a Retreat


Economic Calendar


Recipe of the Week: Hot Ramen Bowl


Tax Tips


Golf Tips


Healthy Lifestyle


Green Living


May Ends with a Retreat

The Week on Wall Street
Stocks struggled during a 4-day market week as the U.S.-China trade standoff continued to weigh on the minds of market participants.

From the Friday, May 24 close to the Friday, May 31 close, the S&P 500 retreated 2.62%; the Nasdaq Composite, 2.41%; the Dow Jones Industrial Average, 3.01%. The MSCI EAFE index of overseas stocks dipped just 1.47% in a week. , >

Trade is dominating the conversation in the financial markets, with developments steadily unfolding. Wednesday, China’s state.…

Read More

“Wormable” Microsoft flaw: What you need to do

Welcome to your May Savvy Cybersecurity newsletter. A lot happened in the cyber security world this month. Read on to learn more about:

  • Why Microsoft users need to update their devices immediately
  • A scam targeting businesses that has nearly doubled in the last year
  • Why hospitals are growing more concerned about connected devices
  • And much more

”Wormable” Microsoft Flaw: What you need to do

Microsoft has announced a major security flaw in its Windows software that rivals the WannaCry worm that infected thousands of devices in 2017. Microsoft warns that this vulnerability is especially dangerous because it requires no user interaction. In other words, once one device is infected it can quickly spread to another vulnerable computer on its own.

Read More

Trade Tensions Linger



Table of Contents



Featured Article: Trade Tensions Linger


Economic Calendar


Recipe of the Week: “Ice Cream Truck” Ice Cream Sandwich


Tax Tips


Golf Tips


Healthy Lifestyle


Green Living


Trade Tensions Linger

The Week on Wall Street
Stocks drifted lower last week as investors considered the possibility that the world’s two largest economies might take some time to resolve key trade issues.

The S&P 500 retreated 1.17%; the Nasdaq Composite, 2.29%; the Dow Jones Industrial Average, 0.69%. The concern over trade was felt elsewhere: the overseas developed markets benchmark, the MSCI EAFE, also lost 1.41% in five sessionsp>

A compromise on tariffs between the U.S. and China did not seem forthcoming last week. Negotiations appeared stalled.…

Read More

Trade News Moves the Market



Table of Contents



Featured Article: Trade News Moves the Market


Economic Calendar


Recipe of the Week: Red and White Roasted Potatoes


Tax Tips


Golf Tips


Healthy Lifestyle


Green Living


Higher Tariffs Take Effects

The Week on Wall Street
Stocks fell sharply at the start of last week over trade tensions, then recovered with help from strong earnings and indications that U.S.-China trade talks would continue. Even so, the major indices had a down week..

At midweek, Secretary of the Treasury Steven Mnuchin told reporters that he expected the U.S. to …

Read More

Higher Tariffs Take Effect



Table of Contents



Featured Article: Higher Tariffs Take Effect


Economic Calendar


Recipe of the Week: Garlicky Dill Pickles


Tax Tips


Golf Tips


Healthy Lifestyle


Green Living


Higher Tariffs Take Effects

The Week on Wall Street
As we noted recently, Wall Street has a wandering eye. Last week, it focused on the new tariff threats in the ongoing U.S.-China trade dispute. Stocks fell across five trading sessions: the Dow Jones Industrial Average lost 2.12%, the S&P 500, 2.18%; the Nasdaq
.

At 12:01 a.m. Friday, duties on $200 billion worth of Chinese products coming to the U.S. rose from 10% to …

Read More

Major Indices Have a Mixed Week



Table of Contents



Featured Article: Major Indices Have a Mixed Week


Economic Calendar


Recipe of the Week: Cheeseburger Sliders with Secret Sauce


Tax Tips


Golf Tips


Healthy Lifestyle


Green Living


Major Indices Have a Mixed Week

The Week on Wall Street
Stocks were up and down last week, and the three major benchmarks ended up little changed after five trading days. The S&P 500 rose 0.20% for the week; the Nasdaq Composite, 0.22%. The Dow Jones Industrial Average declined 0.14%.
.

While the Fed was not expected to make a move, some investors wondered if its latest policy statement might hint at the possibility of a rate cut later this year. No such hint appeared…

Read More

S&P 500 Reaches a New Peak



Table of Contents



Featured Article: S&P 500 Reaches a New Peak


Economic Calendar


Recipe of the Week: The Best Cream of Mushroom Soup


Tax Tips


Golf Tips


Healthy Lifestyle


Green Living


S&P 500 Reaches a New Peak

The Week on Wall Street
Stocks returned to record territory, with both the S&P 500 and the Nasdaq Composite closing at historic highs.

Last month, Wall Street fixated on trade, reacting to even the slightest hint of progress in U.S.-China negotiations. This month, the trade talks have taken a back seat, and the fixation is on earnings.

Anxieties about a possible earnings recession may be fading. So far, first-quarter results for S&P 500 firms are 5.3% above expectations; that compares to a 5-year average of 4.8%…

Read More

“Tidying Up” Cyber Security Edition

Welcome to your April Savvy Cybersecurity newsletter. As always, we saw many cybersecurity happenings this month including breaches at Microsoft, Toyota and Facebook. Read on to learn more about those as well as:

  • Why you need to update your Verizon Fios router now
  • A new Social Security scam making the rounds
  • How Android users can boost their password security
  • And much more

Why you need to update your Verizon Fios router now

Verizon Fios routers are susceptible to being hacked, according to security company Tenable. The company discovered that new Verizon Fios Quantum Gateway routers were being distributed with a flaw that could allow hackers to take control of an entire wireless network and all the connected devices.

Read More

A Mild Week for the Market





Table of Contents



Featured Article: A Mild Week for the Market


Economic Calendar


Recipe of the Week: Spectacular Blood Orange Tart with Toasted Meringue


Tax Tips


Golf Tips


Healthy Lifestyle


Green Living



A Mild Week for the Markets

The Week on Wall Street
A short and relatively placid trading week wrapped up Thursday, with the major indices turning in mixed performances. The S&P 500 retreated 0.08%, the Nasdaq Composite advanced 0.17%, and the Dow Jones Industrial Average gained 0.56%.;

Nothing really catalytic emerged to drive the market last week, and volumes were low.

More than 78% of S&P 500 firms reporting so far this earnings season have surpassed analyst expectations, according to FactSet. Since guidance tends to be conservative, there is the possibility that more companies …

Read More

The Q1 Earnings Season Begins





Table of Contents



Featured Article: The Q1 Earnings Season Begins


Economic Calendar


Recipe of the Week: Cauliflower Rice Pilaf


Tax Tips


Golf Tips


Healthy Lifestyle


Green Living



Gains Conclude a Great Quarter

The Week on Wall Street
Stocks broke out of a narrow range on Friday following news that two major banks grew their bottom line in the first quarter. For the week, the S&P 500 rose 0.79%; the Nasdaq Composite, 0.91%. The Dow Jones Industrial Average improved 0.50;

Turning to overseas stocks, the MSCI EAFE index declined 0.09%;

The market spent much of the week in a lull as investors waited for earnings season to begin. Wall Street is paying close attention to both guidance and profit margins …

Read More