Weekly Market Update through 12/03/10

as of December 3, 2010        
  Total Return
Index 12 months YTD QTD MTD
Stocks        
Russell 3000 16.22% 13.68% 8.49% 3.81%
S&P 500 13.61% 11.91% 7.72% 3.76%
DJ Industrial Average 12.81% 11.99% 6.08% 3.42%
Nasdaq Composite 20.48% 15.32% 9.66% 3.74%
Russell 2000 30.09% 22.29% 12.06% 4.05%
EAFE Index* 0.30% 2.32% 3.62% 5.36%
*EAFE index does not include dividends.        
         
Bonds        
Barclays US Aggregate 5.86% 6.97% NA -0.68%
Barclays Intermediate US Gov/Credit 5.56% 6.66% NA -0.53%
Barclays Municipal  3.98% 4.13% NA -0.26%
         
    Current   Prior
Commodity/Currency   Level   Level
         
Crude Oil    $89.24    $84.55
Natural Gas    $4.48    $4.42
Gold    $1,415.40    $1,364.10
Euro    $1.32    $1.31
         
         
RECOVERY!        
  Since 3/09/09      
Index  Total Return TR annualized    
Stocks        
Russell 3000 93.84% 46.38%    
S&P 500 87.79% 43.73%    
DJ Industrial Average 82.69% 41.47%    
Nasdaq Composite 107.87% 52.39%    
Russell 2000 125.60% 59.74%    
EAFE Index* 77.47% 39.13%    
*EAFE index does not include dividends.        

 

Mark A. Lewis

Research & Trading Associate

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Weekly Market Update through 11/26/10

as of November 26, 2010        
  Total Return
Index 12 months YTD QTD MTD
Stocks        
Russell 3000 11.87% 10.32% 5.29% 1.33%
S&P 500 9.27% 8.63% 4.56% 0.73%
DJ Industrial Average 8.90% 9.04% 3.29% 0.08%
Nasdaq Composite 19.73% 12.77% 7.23% 1.25%
Russell 2000 28.53% 18.43% 8.53% 4.26%
EAFE Index* 1.05% -0.71% 0.54% -2.90%
*EAFE index does not include dividends.        
         
Bonds        
Barclays US Aggregate NA 7.50% NA -0.76%
Barclays Intermediate US Gov/Credit NA 7.03% NA -0.86%
Barclays Municipal  NA 4.18% NA -2.21%
         
    Current   Prior
Commodity/Currency   Level   Level
         
Crude Oil    $84.55    $81.54
Natural Gas    $4.42    $4.14
Gold    $1,364.10    $1,354.50
Euro    $1.31    $1.36
         
         
RECOVERY!        
  Since 3/09/09      
Index  Total Return TR annualized    
Stocks        
Russell 3000 88.13% 44.47%    
S&P 500 82.28% 41.84%    
DJ Industrial Average 77.88% 39.83%    
Nasdaq Composite 103.26% 51.12%    
Russell 2000 118.49% 57.61%    
EAFE Index* 72.21% 37.22%    
*EAFE index does not include dividends.        

 

Mark A. Lewis

Research & Trading Associate

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Weekly Market Update through 11/19/10

as of November 19, 2010        
  Total Return
Index 12 months YTD QTD MTD
Stocks        
Russell 3000 14.36% 10.87% 5.81% 1.83%
S&P 500 11.45% 8.84% 4.75% 0.94%
DJ Industrial Average 10.68% 9.27% 3.48% 0.29%
Nasdaq Composite 18.53% 11.99% 6.40% 0.42%
Russell 2000 25.13% 16.76% 6.94% 2.68%
EAFE Index* 4.46% 2.85% 4.15% 0.58%
*EAFE index does not include dividends.        
         
Bonds        
Barclays US Aggregate 6.52% 7.51% NA -0.75%
Barclays Intermediate US Gov/Credit 6.13% 7.04% NA -0.85%
Barclays Municipal  4.35% 3.64% NA -2.72%
         
    Current   Prior
Commodity/Currency   Level   Level
         
Crude Oil    $81.54    $85.59
Natural Gas    $4.14    $3.81
Gold    $1,354.50    $1,362.90
Euro    $1.36    $1.36
         
         
RECOVERY!        
  Since 3/09/09      
Index  Total Return TR annualized    
Stocks        
Russell 3000 89.06% 45.23%    
S&P 500 82.65% 42.32%    
DJ Industrial Average 78.27% 40.31%    
Nasdaq Composite 101.74% 50.86%    
Russell 2000 115.37% 56.75%    
EAFE Index* 78.39% 40.37%    
*EAFE index does not include dividends.        

 

Mark A. Lewis

Research & Trading Associate

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Market Update through 11/12/10

 

as of November 12, 2010        
  Total Return
Index 12 months YTD QTD MTD
Stocks        
Russell 3000 14.54% 10.60% 5.55% 1.58%
S&P 500 12.53% 9.42% 5.32% 1.46%
DJ Industrial Average 12.76% 9.85% 4.06% 0.82%
Nasdaq Composite 18.38% 11.92% 6.42% 0.49%
Russell 2000 25.54% 16.22% 6.50% 2.32%
EAFE Index* 3.16% 3.18% 4.49% 0.91%
*EAFE index does not include dividends.        
         
Bonds        
Barclays US Aggregate 7.26% 7.77% NA -0.51%
Barclays Intermediate US Gov/Credit 7.10% 7.55% NA -0.38%
Barclays Municipal  6.65% 5.49% NA -0.98%
         
    Current   Prior
Commodity/Currency   Level   Level
         
Crude Oil    $85.59    $86.25
Natural Gas    $3.81    $4.08
Gold    $1,362.90    $1,389.20
Euro    $1.36    $1.39
         
         
RECOVERY!        
  Since 3/09/09      
Index  Total Return TR annualized    
Stocks        
Russell 3000 88.59% 45.90%    
S&P 500 83.61% 43.59%    
DJ Industrial Average 79.20% 41.53%    
Nasdaq Composite 101.74% 51.87%    
Russell 2000 114.41% 57.48%    
EAFE Index* 78.97% 41.42%    
*EAFE index does not include dividends.        

 

Mark A. Lewis

Research & Trading Associate

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Weekly Market Update through 11/05/10

as of November 5, 2010        
  Total Return
Index 12 months YTD QTD MTD
Stocks        
Russell 3000 19.04% 12.92% 7.77% 3.72%
S&P 500 17.26% 11.77% 7.59% 3.64%
DJ Industrial Average 17.50% 12.21% 6.29% 2.98%
Nasdaq Composite 23.76% 14.60% 8.97% 2.89%
Russell 2000 28.38% 18.98% 9.03% 4.75%
EAFE Index* 8.16% 5.74% 7.08% 3.41%
*EAFE index does not include dividends.        
         
Bonds        
Barclays US Aggregate 8.67% 8.63% NA 0.28%
Barclays Intermediate US Gov/Credit 8.43% 8.38% NA 0.39%
Barclays Municipal  7.75% 6.50% NA -0.05%
         
    Current   Prior
Commodity/Currency   Level   Level
         
Crude Oil    $86.25    $82.92
Natural Gas    $4.08    $3.93
Gold    $1,389.20    $1,349.80
Euro    $1.39    $1.38
         
         
RECOVERY!        
  Since 3/09/09      
Index  Total Return TR annualized    
Stocks        
Russell 3000 92.56% 48.39%    
S&P 500 87.55% 46.05%    
DJ Industrial Average 83.05% 43.93%    
Nasdaq Composite 106.57% 54.80%    
Russell 2000 119.50% 60.56%    
EAFE Index* 83.41% 44.10%    
*EAFE index does not include dividends.

Mark A. Lewis

Research & Trading Associate

       
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Charitable Giving Tips

I recently read a study by The Center on Philanthropy at Indiana University.  “The 2008 Study of High Net Worth Philanthropy,” sponsored by Bank of America, found that over 90 percent of households surveyed planned to make donations using cash and checks in the near future.  A little over 30 percent planned to donate securities.  

As you probably know, donating appreciated securities has tax advantages.  Sure, it is not as easy as writing a check.  With proper planning and some paperwork, you can lower your tax burden while providing the donation amount you already planned to give.  

It is important to consider the option this year if you had a major tax event.  Perhaps you converted from a traditional IRA to a Roth IRA.  Maybe you have a capital gain from a stock sale.  Donating appreciated securities could minimize the resulting tax burden.      

Such donations can also become part of long-term estate planning.  Do you want to provide a legacy for the charity or charities of your choice?  Do you want to donate a fixed sum every year?  Would you like for your children to be involved in charitable giving decisions? 

Your investment advisor can assist you with both your short-term and long-term charitable giving strategies.  If you are interested in donating securities this tax year, I urge you to contact your advisor soon.  It is best to submit securities donations as early as possible to ensure processing before December 31. 

Cristy Freeman, AAMS
Senior Operations Associate

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Roth Conversion

Time is running out for a 2010 Roth Conversion! The benefits of doing a conversion in 2010 is that you can (a) pay the tax at 2010 rates or (b) stretch the tax payments out to 2011 and 2012. A Roth account grows tax free just as any other retirement account, but there are no required minimum distributions and any withdrawals are tax free. The plan to have various pots of money in your retirement years with one being tax free could be a great benefit. For more information, check out our video located at www.parsecfinancial.com/video.html.

Barbara Gray, CFP®
Partner

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Weekly Market Update through 10/22/10

as of October 22, 2010        
  Total Return
Index 12 months YTD QTD MTD
Stocks        
Russell 3000 11.48% 8.71% 3.74% 3.74%
S&P 500 10.46% 7.80% 3.77% 3.77%
DJ Industrial Average 13.46% 9.10% 3.34% 3.34%
Nasdaq Composite 15.68% 10.12% 4.71% 4.71%
Russell 2000 16.17% 13.58% 4.08% 4.08%
EAFE Index* 1.44% 2.72% 4.02% 4.02%
*EAFE index does not include dividends.        
         
Bonds        
Barclays US Aggregate 8.44% 8.36% NA 0.39%
Barclays Intermediate US Gov/Credit 8.10% 7.89% NA 0.42%
Barclays Municipal  7.81% 6.93% NA 0.09%
         
    Current   Prior
Commodity/Currency   Level   Level
         
Crude Oil    $82.41    $82.88
Natural Gas    $3.28    $3.45
Gold    $1,343.30    $1,367.20
Euro    $1.40    $1.39
         
         
RECOVERY!        
  Since 3/09/09      
Index  annualized      
Stocks        
Russell 3000 46.30%      
S&P 500 44.12%      
DJ Industrial Average 42.68%      
Nasdaq Composite 52.61%      
Russell 2000 57.79%      
EAFE Index* 42.77%      
*EAFE index does not include dividends.        
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Weekly Market Update through 10/15/10

as of October 15, 2010        
  Total Return
Index 12 months YTD QTD MTD
Stocks        
Russell 3000 10.37% 8.13% 3.20% 3.20%
S&P 500 9.45% 7.15% 3.14% 3.14%
DJ Industrial Average 12.95% 8.34% 2.63% 2.63%
Nasdaq Composite 14.76% 9.64% 4.25% 4.25%
Russell 2000 14.27% 13.53% 4.03% 4.03%
EAFE Index* 1.80% 3.19% 4.50% 4.50%
*EAFE index does not include dividends.        
         
Bonds        
Barclays US Aggregate 8.44% 8.04% NA 0.09%
Barclays Intermediate US Gov/Credit 8.18% 7.72% NA 0.25%
Barclays Municipal  7.87% 6.87% NA 0.04%
         
    Current   Prior
Commodity/Currency   Level   Level
         
Crude Oil    $82.88    $82.68
Natural Gas    $3.45    $3.62
Gold    $1,367.20    $1,347.50
Euro    $1.40    $1.40
         
         
RECOVERY!        
  Since 3/09/09      
Index  annualized      
Stocks        
Russell 3000 46.49%      
S&P 500 44.20%      
DJ Industrial Average 42.67%      
Nasdaq Composite 52.96%      
Russell 2000 58.61%      
EAFE Index* 43.79%      
*EAFE index does not include dividends.        

 

Mark A. Lewis

Research & Trading Associate

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Weekly Market Update through 10/08/10

as of October 8, 2010        
  Total Return
Index 12 months YTD QTD MTD
Stocks        
Russell 3000 12.38% 7.03% 2.14% 2.14%
S&P 500 11.59% 6.13% 2.16% 2.16%
DJ Industrial Average 15.55% 7.79% 2.10% 2.10%
Nasdaq Composite 14.26% 6.66% 1.42% 1.42%
Russell 2000 15.65% 12.01% 2.64% 2.64%
EAFE Index* 2.75% 1.89% 3.18% 3.18%
*EAFE index does not include dividends.        
         
Bonds        
Barclays US Aggregate 8.47% 8.64% NA 0.64%
Barclays Intermediate US Gov/Credit 8.11% 8.18% NA 0.68%
Barclays Municipal  6.57% 6.96% NA 0.13%
         
    Current   Prior
Commodity/Currency   Level   Level
         
Crude Oil    $82.68    $81.80
Natural Gas    $3.62    $3.73
Gold    $1,347.50    $1,313.60
Euro    $1.39    $1.37
         
         
RECOVERY!        
  Since 3/09/09      
Index  annualized      
Stocks        
Russell 3000 46.22%      
S&P 500 43.97%      
DJ Industrial Average 42.82%      
Nasdaq Composite 51.10%      
Russell 2000 58.14%      
EAFE Index* 43.27%      
*EAFE index does not include dividends.        

 

Mark A. Lewis

Research & Trading Associate

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