Despite three straight negative days, the S&P 500 Index eked out a gain for the week. Economic data and corporate earnings, specifically banks, provided optimism for the market that earnings season could be better than initially anticipated. However, the uncertainty that is growing into norms, such as fiscal stimulus, the presidential election, and COVID-19 outweighed […]
No matter where you are in your career, now is a great time to save for retirement. Whether you’re just starting out or approaching retirement, you have probably asked the question, “How much should I save for retirement?” Unfortunately, there’s no one true answer that fits everyone. Think of it as healthcare for your finances, […]
The S&P 500 Index closed in positive territory once again last week, continuing a strong start to October after a rocky September. Despite plenty of potentially market-moving events, the only words that mattered last week were “fiscal stimulus.” President Trump sent markets into a panic early in the week when he announced a stimulus bill […]
Last week marked the close of the third quarter and September trading. While the quarter ended with a strong positive return, we experienced some weakness in the final month. September marked the first negative month since the COVID-19 pandemic began in March. Last week may have offered a turning point as Congress restarted negotiations for […]
The S&P 500 Index finished the week in negative territory amid the potential resurgence of COVID-19 in the U.S. and uncertainty surrounding the additional fiscal stimulus. This marked the fourth consecutive week of losses for the S&P 500 Index. However, the Nasdaq Composite bucked the trend and finished the week higher after a technology rally […]
After six months of technology stocks dominating and investors wanting to jump on for the ride, we see what happens when momentum stocks reverse and lead the market lower. Last Friday marked three straight negative weeks for the S&P 500 Index, Nasdaq, and Dow Jones Industrial Average benchmarks. This is the first time all three […]
At the start of 2020, many people wished for a year of clarity. Like 20/20 vision? As painful as the pun may be, 2020 has turned out to be even more painful for some. Instead of spending time refocusing on how to move forward in life, it’s clear that the majority of us have been […]
Sep 17th, 2020
Allegheny Financial Group, a financial planning and investment management firm, was named one of the Top 10 Best Financial Advisors in Pittsburgh by AdvisoryHQ. It is the fifth consecutive year that Allegheny Financial Group has been named to the list. AdvisoryHQ cited several key factors attributing to Allegheny Financial Group’s selection in the list including, […]