US markets closed mostly in green as retail sales rise

14 May 2013 Evaluate

The US markets closed mostly higher on Monday, with S&P 500 edging to record high after data showed a rise in retail sales and investors mulling over when the Federal Reserve may begin to scale back its $85-billion-a-month bond-buying program. Americans boosted purchases in April on a wide range of retail goods, apparently taking advantage of lower gas prices and better weather. The Commerce Department reported that retail sales rose a seasonally adjusted 0.1% last month. Consumers are the main driver of US growth and retail sales account for a big chunk of their spending. Improved retail sales in April seemed to indicate the economy has not cooled off as much as other data suggest. Sales have been up and down in the first four months of 2013, largely because of fluctuating gasoline prices, but they generally signal mild economic growth. Besides, business inventories were flat in March at a seasonally adjusted $1.64 trillion, the Commerce Department stated. That’s a 4.5% gain from the same period in 2012. Sales dropped 1.1% in March, and the year-on-year gain was 1.8%. The inventory-to-sales ratio rose to 1.29 from 1.28.

Meanwhile, Federal Reserve officials have mapped out a strategy for winding down an unprecedented $85 billion-a-month bond-buying program meant to spur the economy -- an effort to preserve flexibility and manage highly unpredictable market expectations. The Fed will cut its bond-buying program in careful and potentially halting steps, though the timing of when to start is still being debated. The Fed is eager to manage market expectations and prevent chaos.

The Dow Jones Industrial Average lost 26.81 points or 0.18 percent at 15,091.70, the S&P 500 added 0.07 points to 1,633.77 and the Nasdaq inched higher 2.21 points or 0.06 percent to 3,438.79.

Indian ADRs closed in red on Monday, Tata Motors was down 1.10%, ICICI Bank was down 0.50%, Tata Communications was down 0.23%, HDFC Bank was down 0.21% and Sterlite Industries was down by 0.17%.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Fiduciary-first advisory model.
As SEBI-registered IAs, we are legally and ethically bound to act in the best interests of our clients. We do not sell or distribute any financial products. This ensures our guidance is 100% unbiased and conflict-free.
Deep fundamental research + robust valuation discipline.
Built on more than 15 years of equity research, our framework combines quality assessment, intrinsic value estimation, and a sensible margin-of-safety approach.
Process—not predictions.
We don’t rely on guesswork or market timing. Instead, we focus on asset allocation, risk management, and long-term compounding.
Technology + Human Intelligence.
We believe a combination of both is essential for investing success. We constantly innovate and upgrade in-house tools, financial X-rays, and portfolio analytics so that our team of analysts and advisors are equipped with the best.
Partner with Clients.
We follow a DIWM (Do-It-With-Me) approach where we partner clients in setting goals, financial planning, educating on our investing process and share decision-enabling resources transparently with our clients who retain control on execution.

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

Investing in stocks, mutual funds, debt, and gold
Quality-at-Reasonable-Price way of investing in stocks
Constructing Direct Stock Portfolios with Core, Booster, and Amplifier stocks
A Mutual Fund Portfolio that delivers consistent out-performance and meaningful diversification (low overlap)
Periodic review and rebalancing
Clear Buy-Sell-Hold, and Position-sizing frameworks

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.