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 - 11/08/2010 |
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Greetings! |
I'm happy to introduce our Client in the Spotlight for February, Marc Ensign, CEO of Sound-n-Vision. Marc lives in Emerson, NJ with his wife and their two children. Please be sure to read about Marc.
I want to apologize that our email did not get sent out on time this week. It took us a little longer than usual to get everything prepared. I'll do my best to get back on track next week. Please accept my apologies. |
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Market Commentary |

Typically the news of a 9% national unemployment rate would send US financial markets into a panic. But when that exact number was announced last Friday (2/04/11) by the government, it was not cause for alarm. The nation's jobless rate has not been below 9% since April 2009 and it reached a high of 10.1% in October 2009, but somehow the stock market has pieced all this data together and concluded that there is more right than wrong with our economy today. The S&P 500 is up +4.4% YTD (total return) through the close of trading last week, having gained +2.7% in its last 5 trading days. The stock index finished the week at 1311, its highest closing value since 6/25/08, i.e., its best post-financial crisis close (source: BTN Research).
Casual stock market watchers frequently read too much into the events that dominate the headlines during a week, convinced that problematic world events (e.g., violent protests of the 30-year rule of Egyptian President Hosni Mubarak) or challenging domestic events (e.g., a 7th major snowstorm during this winter season that caused the cancellation of nearly 19,000 airline flights) must have a negative impact on stock values. Ultimately, all those headlines become background noise to the efforts of US corporations to make money (source: BTN Research).
What is of concern however is the looming presence of inflation in multiple countries worldwide. The fear is that rising inflation, seen most dramatically in expanding commodity prices, will force the hand of central banks to raise interest rates to slow down overheated economies (source: Federal Reserve) |
Notable Numbers |

1. UP IN THE AIR - The world's airlines lost $16.0 billion in 2008, lost $9.9 billion in 2009, but bounced back to earn $15.1 billion of profits in 2010. The airlines are projected to earn $9.1 billion of profits in 2011 (source: International Air Transport Association). 2. LESS THAN AVERAGE- $12 billion of new municipal bonds were issued nationwide in January 2011, just a third of the monthly average of $36 billion of new municipal issues that occurred in 2010 (source: Thomson Reuters).
3. AT THE END OF LAST YEAR- The average price of a new home sold in the USA in December 2010 was $291,400, its highest monthly average since July 2008 (source: Commerce Department).
4. SUPER PRICES- The most expensive Super Bowl ticket (face value price, not the price paid through a ticket broker) for Super Bowl # 1 in Los Angeles (1967) was $12. The most expensive ticket for Super Bowl # 45 in Dallas (2011) is $1,200. The increase in Super Bowl ticket prices from $12 in 1967 to $1,200 in 2011 is equal to +11.0% compounded per year for 44 years (source: Super Bowl). |
Client Spotlight - Februrary 2011
Marc Ensign, Sound-n-Vision |
Our client in the "Spotlight" for Februrary is Marc Ensign, CEO of Sound-n-Vision. Marc & his wife Aimee, live in Emerson, NJ with their two children. Q. What is Sound-n-Vision? A. We are a full service Internet marketing company that specializes in professional website design and results driven search engine optimization. Our purpose is to give anyone with a dream the ability to succeed online! Q. What makes you different from your competitors? A. We give our clients goals and dreams the respect they deserve and we get them the results they need. We care more about our clients business than any other web design company out there will. We get to know their companies inside and out and do everything possible to assure they succeed. We are not just their web designer we are their partner and their family. Q. What is search engine optimization and is it necessary? A. Search engine optimization is consistant work that is done to improve the visibility of your website on the search engines. Our search engine programs have gotten our clients in the top 10 of all of the major search engines on hundreds and in some cases thousands of different keywords. Mark Twain wrote that there is no difference between a person that can't read and a person that can but doesn't. The same holds true for your website...there is no difference between having a website that is not properly optimized and showing up on the search engines and not having a website at all. Yes, it's necessary! Q. Are there any industries or companies that you aren't able to work with? A. Only ones that are not interested in growing. Our clients range from local roofing companies to fortune 500 companies to musicians and artists to ice cream manufactures to state run organizations and everything in between. We even have a client that sells Prawns! That's right, PRAWNS! Q. Where can we see some of your work? A. You can see our portfolio and other information on our services by going to www.sound-n-vision.com Q. What is your contact info? A. Marc D. Ensign Sound-n-Vision 19 Spear Road Suite 107 Ramsey, NJ 07446 Phone: 201.773.4953 Ext. 301 Fax: 201.773.4133 E-mail: marc@sound-n-vision.com Website: www.sound-n-vision.com
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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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