As seen in

Growth Report for Monday, November 17, 2014

RETAIL SALES REBOUND FROM SEPTEMBER SLUMP
The 0.3% October gain announced by the Commerce Department exactly offset the September decline. Below the headline number, core retail sales (minus auto buying) also rose 0.3% last month. Sales increased in 11 of 13 categories; online retailers saw a 1.9% boost to lead the pack. Annually, overall retail sales were up 4.1% from last October.1,2

MOOD OF U.S. HOUSEHOLDS BRIGHTENS
November’s initial University of Michigan consumer sentiment index came in at 89.4 on Friday – the best reading since July 2007. This represents a return to normal, in a sense – the index averaged a reading of 89 in the five years preceding the Great Recession. Economists polled by Bloomberg had anticipated only a minor rise to 87.5 from the final October mark of 86.9.1

CRUDE, GOLD & SILVER RALLY ON FRIDAY
Rising 2.1% on the COMEX trading day, gold ended the week at $1,185.60 an ounce, its best price since October 30. Silver futures climbed 4.4% Friday to a close of $16.31. NYMEX crude settled at $75.20, up 1.4% on the day with some investors sensing that OPEC may move to reduce output.3

S&P 500 SEES FOURTH STRAIGHT WEEK OF GAINS
Across five trading days without any momentous market swings, the index rose another 0.39% to a Friday settlement of 2,039.82. The Nasdaq (+1.21% to 4,688.54) and Dow (+0.36% to 17,634.74) also advanced during the week.4,5

THIS WEEK: Monday, Urban Outfitters and Tyson Foods report quarterly results; the Federal Reserve’s report on October industrial output also arrives. October’s Produce Price Index comes out Tuesday, plus earnings from Home Depot, TJX, PetSmart and La-Z-Boy. Minutes from last month’s Federal Reserve policy meeting appear on Wednesday, along with earnings from Keurig Green Mountain, Lowe’s, Target, J. M. Smucker, L Brands, Staples and Williams-Sonoma; additionally, the Census Bureau issues its report on October housing starts and building permits. Thursday, Wall Street considers the October Consumer Price Index, the October edition of the Conference Board’s leading indicator index, data on October existing home sales and earnings from Best Buy, Perry Ellis, Gap Inc. and Dollar Tree. Nothing major is scheduled for Friday.

% CHANGE Y-T-D 1-YR CHG 5-YR AVG 10-YR AVG
DJIA +6.38 +11.08 +14.34 +6.72
NASDAQ +12.26 +18.02 +23.25 +12.39
S&P 500 +10.36 +13.92 +17.31 +7.23
REAL YIELD 11/14 RATE 1 YR AGO 5 YRS AGO 10 YRS AGO
10 YR TIPS 0.43% 0.51% 1.31% 1.67%


Sources: online.wsj.com, bigcharts.com, treasury.gov – 11/14/145,6,7,8
Indices are unmanaged, do not incur fees or expenses, and cannot be invested into directly.
These returns do not include dividends.

WEEKLY QUOTE

“Let no man imagine that he has no influence. Whoever he may be, and wherever he may be placed, the man who thinks becomes a light and a power.”

– Henry George

WEEKLY TIP

Refrain from dipping into your retirement savings to pay college costs for your children. You don’t see any retirement scholarships or retirement financial aid out there.

WEEKLY RIDDLE

The more of these you take, the more of these you will likely leave behind. What are they?

Last week’s riddle:
My three eyes blink, and I give you commands. Although I can’t see, the changing colors in me prompt you to obey me with your wheels, feet and hands. What am I?

Last week’s answer:
A traffic light.

Citations.
1 – bloomberg.com/news/2014-11-14/michigan-u-s-consumer-sentiment-index-rises-to-89-4-from-86-9.html [11/14/14]
2 – haver.com/ [11/14/14]
3 – proactiveinvestors.com/companies/news/58175/gold-rallies-21-to-end-at-1185-wti-gains-14-to-7520-58175.html [11/14/14]
4 – fxstreet.com/news/forex-news/article.aspx?storyid=96804df6-0d9b-49b8-bc32-679c8bfed2c9 [11/14/14]
5 – markets.wsj.com/us [11/14/14]
6 – bigcharts.marketwatch.com/historical/default.asp?symb=DJIA&closeDate=11%2F14%2F13&x=0&y=0 [11/14/14]
6 – bigcharts.marketwatch.com/historical/default.asp?symb=COMP&closeDate=11%2F14%2F13&x=0&y=0 [11/14/14]
6 – bigcharts.marketwatch.com/historical/default.asp?symb=SPX&closeDate=11%2F14%2F13&x=0&y=0 [11/14/14]
6 – bigcharts.marketwatch.com/historical/default.asp?symb=DJIA&closeDate=11%2F13%2F09&x=0&y=0 [11/14/14]
6 – bigcharts.marketwatch.com/historical/default.asp?symb=COMP&closeDate=11%2F13%2F09&x=0&y=0 [11/14/14]
6 – bigcharts.marketwatch.com/historical/default.asp?symb=SPX&closeDate=11%2F13%2F09&x=0&y=0 [11/14/14]
6 – bigcharts.marketwatch.com/historical/default.asp?symb=DJIA&closeDate=11%2F15%2F04&x=0&y=0 [11/14/14]
6 – bigcharts.marketwatch.com/historical/default.asp?symb=COMP&closeDate=11%2F15%2F04&x=0&y=0 [11/14/14]
6 – bigcharts.marketwatch.com/historical/default.asp?symb=SPX&closeDate=11%2F15%2F04&x=0&y=0 [11/14/14]
7 – treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=realyield [11/14/14]
8 – treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=realyieldAll [11/14/14]

This information should not be construed as investment, tax or legal advice and may not be relied on for the purpose of avoiding any Federal tax penalty. The Dow Jones Industrial Average is a price-weighted index of 30 actively traded blue-chip stocks. The NASDAQ Composite Index is an unmanaged, market-weighted index of all over-the-counter common stocks traded on the National Association of Securities Dealers Automated Quotation System. The Standard & Poor’s 500 (S&P 500) is an unmanaged group of securities considered to be representative of the stock market in general. It is not possible to invest directly in an index. NYSE Group, Inc. (NYSE:NYX) operates two securities exchanges: the New York Stock Exchange (the “NYSE”) and NYSE Arca (formerly known as the Archipelago Exchange, or ArcaEx®, and the Pacific Exchange). NYSE Group is a leading provider of securities listing, trading and market data products and services. The New York Mercantile Exchange, Inc. (NYMEX) is the world’s largest physical commodity futures exchange and the preeminent trading forum for energy and precious metals, with trading conducted through two divisions – the NYMEX Division, home to the energy, platinum, and palladium markets, and the COMEX Division, on which all other metals trade. Additional risks are associated with international investing, such as currency fluctuations, political and economic instability and differences in accounting standards. All information is believed to be from reliable sources; however we make no representation as to its completeness or accuracy. All economic and performance data is historical and not indicative of future results. Market indices discussed are unmanaged. Investors cannot invest in unmanaged indices. The publisher is not engaged in rendering legal, accounting or other professional services. If assistance is needed, the reader is advised to engage the services of a competent professional. This material was prepared by MarketingLibrary.Net Inc., for Mark Lund, The 401k Advisor, Investor Coach and author of The Effective Investor. Mark offers investment advisory services through Stonecreek Wealth Advisors, Inc. an independent, fee-only, Registered Investment Advisor firm providing 401k consulting for small businesses and private investment management services for professional athletes and select individuals. Stonecreek is located in Salt Lake City, Murray, West Jordan, Sandy, Draper, South Jordan, Provo, Orem, Lehi, Highland, Alpine, American Fork all in Utah.

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