Stocks surged late in the day as oil prices continued to fall. Bond interest rates continued to increase. Oil prices are the big story, as they continue to fall. Yesterday, there was a big battle between the two buyers and sellers of oil, and this could be an indication of a blow off in the [...]
Stocks made a very fast, very steady increase in values today, ending up 277 points. Everything is right in the garden. Oh so you think. Bonds crashed today as interest rates increased, as inflation raised its ugly head in an unmistakable, and real way. Oil and gasoline continued their fall, and encouraged stocks to continue [...]
Stocks fell 200 points at the market open, but ended down only 97 points at the close. Bonds continued their decrease in interest rates. Gold and the Euro continued their march upward, but only a little. Oil and gasoline fell off, big time, with stock market pundits hoping this would turn the market around, and [...]
Stocks were down most of the day, ending down 45 points. The Fannie/Freddie bailout announced Sunday emphasized that the housing market meltdown is not yet over regarding US economic financial impacts. Bonds gained value with interest rates falling – a decent sign that the bond market did not see the Fannie/Freddie rescue as bringing discredit [...]
Stocks crashed today on the bad news coming out of Fannie Mae and Freddie Mac (see analysis below). The market cracked falling below the 11,000 level, then regaining its entire loss to show a slight profit, and then falling again, ending off 128 points. Bonds lost one week’s worth of gains, and increased its 10 [...]
Markets were all over the place today with stocks ending up 82 points. Bonds continued their lowered interest rates. Gold hit a near term high at $942. The Dollar continued to decline a little. Oil came back with a vengeance, jumping up $5.60. Looks like the long traders pulled out a ‘bull trap’ the beginning [...]
Stocks started out falling, then made steam on the positive side, and spent the rest of the day in a massive meltdown, down 237 points – wiping out yesterday’s large gains. Why would stocks act to strangely? Well, today stocks are anticipating the profit declarations coming out starting tomorrow, and are anticipating that companies just [...]
Stocks jumped up 152 points today, and exhibited jubilation over the meltdown of commodity prices. Bonds continued to be a “safe haven” for the commodity money, and amazingly continued its rapid increase in value (decrease in interest rates). Oil and gasoline have collapsed in the last 2 days (over $9), and who knows what tomorrow [...]
Stocks moved up over 100 points in the morning, but ended down 56 points at the close. Not enough good news out there to support a rally, and there is an abundance of bad news. Bonds increased in value as they continued to play their “safe haven” role. Oil was off about $5 during the [...]
Stocks rose out of pure boredom, up 73 points. Bonds moved sideways, as did oil and gasoline. Today was a short session so Wall St. could get home to get ready for the fireworks tomorrow. Happy 3rd of July. Gold fell $13 today as people took their profits from the recent major run-up in gold. [...]
