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1/11/12

Financial Planners Fort Myers— New 50 Day High for the S&P 500

Eric Marvin, CFP®


The S&P 500 closed yesterday at 1292.08, which was significant because we established a new 50-day high water mark and also took out the highs from last October.  With this in mind, keep an eye on the markets today as we will have the Federal Reserve Beige Book out this afternoon, which could give us an indication of their thought process on the economy.
Past performance is no guarantee of future results.  The S&P 500 is an unmanaged index.  Investors cannot invest directly in an index.

Eric Marvin, CFP®, CRPC®
JPT011112-082