Independent Investment Management designed to protect and grow your wealth.
JIM CARLTON
Managing Director
Chief Investment Officer
Friends
It’s a big earnings week with Google (Alphabet) announcing
their earnings after the close today and Apple after the close tomorrow. Google
shares posting new all-time highs today would seem to be in a precarious
position going into the release, while Apple has also had quite an advance so
far in 2019. It will be interesting to see if those stocks are fully pricing in
good news, or can the companies exceed expectations enough to actually push
shares higher?
As for today, things were mainly quiet, and by the close the
Dow Jones Industrial Average was up 10 points to finish the day at 26,554. The
S&P 500 was up 3 points to close at 2,943. Gold was down $6 to trade at
$1,282 per ounce, while oil was up $.32 to trade at $63.62 per barrel WTI.
Earnings are front and center at the moment, just at the
moment stocks are touching all-time new highs. A bit of a high bar for
Corporate America to clear just when things were supposed to be getting more
difficult for them. Should be an interesting week. Stay tuned.
Jim
Jim
10200 Grogan’s Mill Road, Suite 340
The Woodlands, TX 77380
(281) 298-2700 Phone
(877) 824-4299 Toll Free
(281) 298-2760 Fax
[email protected] www.chjwealthmanagement.com
Investment Advisory offered through Carlton, Hofferkamp & Jenks Wealth Management, LLC (“CHJ”).
*Numbers and figures sourced from the following: Bloomberg.com, CNBC.com and Finance.Yahoo.com.
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which investment(s) may be appropriate for you, consult your financial advisor prior to investing. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and cannot be invested into directly.
CHJ Wealth Management,
10200 Grogan’s Mill Road,
Suite 340
The Woodlands, TX 77380