So will the market correct itself this earnings season?

The S&P 500 fell below its 50-day moving average of 2,085.02 closing at 2081.18 and the Dow dipped below its 50-day moving average at 17826.30 when the markets closed on Friday.

Stock & Bond Market Update (4/13-4/17)

Stock Market Analysis

Following a positive prior week, stocks had a “sinking spell” last week when the Dow declined 1.8%. This brings its year to date return to a miniscule 0.02%. The broader S&P 500 Index has done only slightly better gaining slightly less than 1.1%. There is some evidence smaller and mid cap sized companies are doing somewhat better, with year to date returns of 2.80% for the S&P 600 Small Cap Index and approximately 4.4% for the S&P 400 Mid Cap Index.

The WSO Advantage

Every step of your career we have you covered. Our products & services are listed below:

Financial Modeling Training

Templates, M&A, LBO, Valuation, + more. Learn More.

Interview Prep Guides

50,000+ copies sold...for good reason. Learn More.

Resume Help from Actual Professionals

Polish Your CV to Land More Interviews. Learn More.

Find Your Perfect Mentor

Realistic Mock Interviews. Learn More.

Video Library: 100+ Hours

Industry Insight & Specific Guidance. Learn More.

Research 1,000s of Firms Free

Interviews, Compensation + more. Learn More.

WSO Job Board

Exclusive $100k+ Positions. Learn More.

Happy Hours & Free Webinars

Don't Miss Out! WSO in Your City. Learn More.

Olympic Athlete- MBA application

I've just started researching MBA programs and will really appreciate any feedback about my profile. I served in the military for a couple of years before being recruited to a varsity team in a Big Ten school and a had a very successful collegiate career and even competed in the Olympic games.

BIG NEWS: 2014 WSO Compensation Report is OUT!

Dear WSO Community,

I'm pleased to announce the release of the 2014 WSO Compensation Report! We had another great year with even MORE entries than last year (over 5,000)! It took many months of hard work and finally, it's here ...and it's still free :-)

Yes, that's right, access to the FULL 155 page 2014 WSO Compensation Report is 100% free. (up from 108 pages last year). This report contains thousands of data points across investment banking, private equity, hedge funds and management consulting.

The report cuts the data numerous ways including division, city, AUM and company type and can help you know if you are getting paid enough. In the 2014 version, we even have data on target vs. non-target schools, race, GPA and major. Where else can you find interesting insights like that?

Or if you are an employer, this report will give you an idea of what range you should be paying your employees.


Here's how you get access to the full 155 page report:

Business School Running Commentary - Part 3 - Pre-work and Summer Plans

It looks like we have another user posting some of their own stories leading up to b-school, so be sure to check it out - user is tOSUbuckeyes.

Upon accepting my offer to attend business school in the Fall, one of the first things I was tasked to complete is a set of pre-work courses around some basic business topics. These include accounting, finance, economics, as well as learning (aka breezing through) basic Excel formula skills assessments.

This post is intended to cover the topics in the online coursework for the benefit of the forums here. While I would assume many here are currently or have already completed similar coursework in undergrad, this will at least give a glimpse into what a “basic foundation” of business looks like when starting a MBA program. As a note, this is run through a website called and is used by a number of universities including Cornell, Tuck, and Georgetown. They mention it can take someone anywhere from 20-50 hours to complete all of the modules.

Here is the outline of the topics covered:

Webinar Rewind - Week in the life of a Macro Hedge Fund PM + Q&A

In case you missed our December 16th webinar entitled Week in the life of a Macro Hedge Fund PM, have no fear. The full recording of the webinar can be found below (free until Tuesday 10pm et when it goes into our video library). Do you want to a 1 on 1 mentoring session with Tim? Click below:


All rewinds will be on Monday / Wednesday / Friday.

And, as always, if you want to sign up to hear about upcoming webinars before they happen, sign up inside the post...

WSO NYC Happy Hour: Tuesday, April 28th, 7:30PM, Galway Hooker

The next NYC meetup is coming up soon! Join us for the first happy hour of the spring season! All are welcome. Repeat visitors encouraged!

Location: Galway Hooker Pub, please say "WallStreetOasis" at the door and the bouncers/staff will direct you to our room. Most likely we'll be in the billiards room (downstairs) or the Guinness room (upstairs)
7 E 36th street (between 5th Ave & Madison Ave)

IB INTERVIEW ALERT: NEW 2014 Version of WSO Investment Banking Prep Pack Released!

Another 100+ Questions Added...Now Over 500+:

We've sifted through 2 THOUSAND+ more questions submitted to the WSO Company Database this past year to make the IB Prep Pack even more killer. We've picked out another 100 questions based on new trends to bring the grand total to a whopping 500+ questions (nothing beats that).

The beauty of how we structure the IB Prep Pack is that both the technical and fit guides walk you through the most common beginner, intermediate and advanced questions while also giving you great sample answers. On top of that, we now also provide you with a MASSIVE appendix with the following banks below that allows you to see the type of interview questions being asked at various levels AT SPECIFIC FIRMS.

No other guide gives you a great foundation AND great company specific insight, so don't miss out before we bump the price!

Get the NEW IB Prep Pack Today


California job market thoughts

I'm about to graduate with my BS in economics, and me and my girlfriend are looking to move out to California later in the summer. I know SF is one of the bigger financial centers nowadays, but I was hoping to get a little more information on how it stacks up to NY and Chicago.

What motivates you?

What fuels your desire to become the best?

Do you care what motivates you i,e do you care if you are doing something for the right reasons?

Just interested in getting different perspectives.

Get Your Resume Reviewed by Industry Pros

Recruiting season is here make sure you're ready for it with a Finance Resume and/or Cover Letter Review from one of our expert resume reviewers. Need it done in a hurry? Expedited Service is available (72 hours or less*).

If you're not serious about breaking into Wall Street, you should honestly not waste your time reading any further. If you are serious, then you probably already know how competitive it is to land a job in finance and that every part of your application needs to shine. This starts with your resume.

The WSO Finance Resume Review service is an investment that will help you make that important first step to land the most coveted jobs on Wall Street. Our track record is flawless and we promise to give you a tailored experience in order to help you craft the best possible application.