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 J. PINK ASSOCIATES, Inc.,
FINANCIAL ADVISORS
555 Taxter Rd. Suite 190 Ph- (914)524-7770
Elmsford, NY 10523 Fax- (914)524-7771
500 Summit Lake Dr. Suite 120 Valhalla, NY 10595 |
Weekly Market Review
for the week of - 01/03/2011 |
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| Greetings! |
First, I would like to take a moment to personally wish you a Happy New Year. I hope you had a wonderful holiday season.
As you may know, each year we adopt a theme for the year that is meant to help us serve our clients better. Last year was to "make each client feel like our only client". This year is the year of education. We have received feedback from clients, friends and prospective clients telling us they want seminars to help them better digest what's going on in the investment world and how it relates to them. Therefore, I am asking for some guidance from you. Please tell me what you want to learn about, where/ how you want to learn it. How long should each class run? How many classes per year are you interested in? Are these classes something that should be offered only to JPA clients or should they be open to anyone?
I look forward to your guidance. Thanks in advance. |
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Market Commentary |
 Whether a US stock investor was looking back or looking forward as 2010 turned to 2011, the view was positive. The S&P 500 stock index gained +15.1% (total return result including the reinvestment of dividends) in calendar year 2010, well ahead of the index's 50-year average (i.e., 1961-2010) of +9.7% per year. 2011 is the 3rd year of President Obama's 4-year term that began in January 2009. The S&P 500 has been positive on a total return basis during each of the last 17 "presidential 3rd years." The last time the S&P 500 was negative during a "presidential 3rd year" was 1939 or 72 years ago. The average annual performance of the stock index during a "presidential 3rd year" since 1950 (note that there have been 15 "presidential 3rd years" since 1950) is a gain of +22.0% (source: BTN Research).
The 388,000 weekly jobless claims reported last Thursday (12/30/10) by the government was the lowest number nationally since July 2008 or 2 ½ years ago. The total, which represents initial claims by out-of-work Americans for unemployment benefits, had ranged between 400,000 to 500,000 per week throughout 2010, peaking at 504,000 during one week in mid-August last year (source: Department of Labor). |
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Notable Numbers | |
1. +1,000% GAIN - Over the last 312 months (26 years) through 12/31/10, the S&P 500 is up +1,086% (total return), or an annualized +10.0% per year. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the US stock market (source: BTN Research).
2. UP vs. DOWN - The split between "up" and "down" days for the S&P 500 stock index over the last 50 years (i.e., 1961-2010) is 53% "up" and 47% "down." The split during calendar year 2010 was 57/43 (source: BTN Research).
3. MISSING THE BEST DAYS- The total return for the S&P 500 was +15.1% (total return) in calendar year 2010. If you missed the 3 best percentage gain days last year, your total return gain falls to +3.4% (source: BTN Research).
4. MISSING THE WORST DAYS - The total return for the S&P 500 was +15.1% (total return) in calendar year 2010. If you missed the 3 worst percentage gain days last year, your total return gain rises to +28.1% (source: BTN Research).
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Client Spotlight - 2010 Recap
Here is a recap of our Clients in the Spotlight for 2010 | |
March, 2010 Butch Gilbert - Effective Electric (914) 737-2651  April, 2010 Joe Ruggiero - Dom & Vinnie's Restaurant www.DomNVinnie.com DomBVinnie@yahoo.com (914) 476-6666 Click here to read Joe's Spotlight 
May, 2010 Jo Ann Burns - J. Burns Bookkeeping, Inc. www.JBurnsBookkeeping.com JBurns@JBurnsBookkeeping.com (914) 909-1575 Click here to read Jo Ann's Spotlight 
June, 2010 Michael Getman - The Law office of Michael Getmen, PLLC www.WestchesterWillsLawyer.com MGetmanESQ@optonline.com (914) 220-5475 Click here to read Michael's Spotlight  July, 2010 Al Torre - Torre Lumber www.TorreLumberAndMasonSupply.com TorreLumber@Optonline.net (914) 969-1111 Click here to read Al's Spotlight 
September, 2010 Maria Bonet - Kidville, Scarsdale www.Kidville.com/scarsdale Maria@MyKidville.com (914) 600-5544 Click here to read Maria's Spotlight 
October, 2010 Anne Miller - Chiron Associates, Inc. www.AnneMiller.com AMiller@AnneMiller.com Click here to read Anne's Spotlight 
November, 2010 Chris Vernia - Double Image Sounds & Entertainment, Bounce the party place www.DoubleImageOnline.com www.BounceThePartyPlace.com Chris@DoubleImageDJs.com (914) 773-1950 Click here to read Chris' Spotlight |
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As always, if there's anything we can help you with, please feel free to call the office anytime.
I hope you have a great week.
Sincerely,
John
John W. Pink, Sr.
J. Pink Associates, Inc.,
Financial Advisors
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At J. Pink Associates, we do comprehansive financial planning and wealth management for families and small businesses by getting to know the unique details of your financial
world and thoughtfully crafting a strategy to identify and support your goals.
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This material represents as assessment of the market and economic environment as a specific point in time and is not intended to be a forecast of future events, or a guarantee of future events, or a guaranteew of future results. Forward-looking statements are subject to certain risks and uncertainties. Actual results, performance, or achievements may differ materially from those expressed or implied. Information is based on data gathered from what we believe are reliable sources. It is not guaranteed by NFP Securities, Inc. as to accuracy, does notpurport to be complete and is not intended to be used as a primary basis for investment decisions. It should also not be construed as advice meeting the particular investment needs of any investor. The indices mentioned are unmanaged and cannot be directly invested into. Part performance does not guarantee future results. The S&P 500 is an unmanaged index of 600 widely held stocks that is generally considered representative of the US stock market.
NFP Securities, Inc. does not provide legal or tax advice.
Securities and Investment Advisory Services offered through NFP Securities, INc. a Broker/Dealer, Member FINRA/SIPC and a Federally Registerd INvestment Advisor.
NFP Securities, Inc. does not offer tax or legal advice NFP Securities, Inc. is not affiliated with J. Pink Associates, Inc., Financial Advisors. |
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