Weekly Market Update

Newsletter | January 15 2018

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Weekly News

and Updates

Santa Delivered a Late Gift to Wall Street...

And it was a gift that just kept on giving because the Santa rally only lasted until the second trading day of the year, but the Dow closed out last week with back-to-back 200 point gains. The NASDAQ and the Russell 2000 are already up more than 5% for the year and the Dow and S&P 500 are up more than 4%. For the Dow, it eclipsed the previous fastest 1000 point Dow move of 24 trading days to get from 20k to 21k - we just did it in 23 days from 24k to 25k.

Basically, the year started as a turbo-charged version of 2017 with many of the same themes still present ...

"Concentrate all your thoughts upon the

work at hand. The sun's rays do not burn

until brought to a focus."

- Alexander Graham Bell

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Insight. Integrity. Invested in Your Future.

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Horizon Financial Services, LLC is a team of financial advisors who provide comprehensive financial planning. We invest time in building lasting, personal relationships. It is our belief that your long-term financial success requires a solid financial plan and our time-tested commitment to you.

Investment advisory services are offered through Horizon Financial Services, LLC, a North Carolina State Registered Investment Advisor. Insurance Products are offered through New Horizon Financial Services, Inc. Horizon Financial Services, LLC and New Horizon Financial Services, Inc are affiliated companies.

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