For 2011, the DJIA closed at 12,218, up +5.5%. The Nasdaq closed at 2,605, down -1.8%. The S&P 500 finished exactly where it began the year, closing at 1,258
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For 2010, the DJIA was up 11.0% (closing at 11,578), the S&P 500 was up 12.8% (closing at 1,258) and the Nasdaq was up 16.9% (closing at 2,653). We endured a
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Numerous market records were set during the first decade of the new millennium, including the price of Gold: $1,217.40 December 2009, Oil: $147.27 July 2008
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We hope the real lesson of 2008 is clear: “Buy-and-Hold” as a reliable strategy in every market does not work. Either you exited stocks early in 2008 – or wish
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Last year's annual report ended with a question: "Is this 1995-1999 all over again, the last time the Fed ended a series of interest rate hikes? Or will the
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We are in the late stages of a 4-year bull cycle that began in October 2002. This is the 5th longest bull market in the past 75 years. This is the 2nd longest
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The ride was anything but smooth. The Nasdaq staggered through 4 major swings: -13% from January to May; +16% from May to August; -8% from August to mid-October
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Measured from the October 2002 low, the current bull market is now 26 months old. How have BCN Advantage clients faired? First, it’s important to remember our
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On May 1st, standing on the deck of an aircraft carrier streaming through the Atlantic, President Bush declared an end to "major military operations" in Iraq
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The market has been so bad for so long, the numbers read like a history lesson: The Nasdaq fell 39.3% in 2000, 21.1% in 2001, and 31.5% in 2002. At the October
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We are, to say the least, extremely pleased with our 2001 performance. In the throes of a brutal bear market, we outperformed a passive buy & hold strategy by
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No, we are not happy with our 2000 performance. But before we get to the missteps, here’s a quick look at what we got right:
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