The stock market was boring again today, just falling 49 points. The 10 year treasury bond market continued its sideways movement, and ended up just below 3.5%. The real action was everything else. Oil set a new high today!!!!!!!!!! Get used to permanently being gouged at the pump. Gold moved up sharply too. The Euro [...]
Stock market down 36 points, and no change in the bond market. How boring. The Dollar, oil and gasoline went sideways too. How boring. Gold fell $9, and is now a great buy again. In the news today…. The IMF said today that the amount of write offs from our lousy securities situation will be [...]
Hardly anything happened today. Very boring. Stocks moved absolutely sideways. Bonds continued their sideways move too, as did the Euro. Oil and gasoline stood out as the big moves about to smash through their all time highs. Are you sick and tired of paying those high gasoline prices, and being ripped off by the big [...]
Stocks moved sideways today, as did the Dollar. Bonds took a mighty leap up (decrease in interest rate) as the unemployment figures scared bond traders (but didn’t even concern stock players – another sign of how fickle stocks really are.) Oil and gasoline jumped up today. It looks like the speculators are active again. Could [...]
Stocks moved mostly sideways today as FED Chairman Bernanke continued his Congressional testimony. Bonds also lingered, and hardly moved anywhere. Gold was the biggest mover, but only moved up $10 to $910 an ounce. The Dollar moved sideways, as oil and gasoline slipped back just a little after yesterday’s massive jump in price. [...]
Stocks were calmed down by Bernanke’s comments today, and lost a little ground. Bonds also lost ground for the same reasons. Oil and Gasoline spiked upward today with Gasoline making the big drive upwards. Gold climbed back a little from its recent low, and ended at $900 per ounce. In the news today….. Bernanke made [...]
Stocks took off today on the news that the banks were finally being honest and getting the capital they really needed, and coming clean with their write off. I don’t buy all that hype. However, enough people did to push the DOW up 391 points. 10 Year Treasury Bonds lost ground and went up 0.11% [...]
