Stocks moved upwards – by 190 points today. Not much sanity in the market – so I think there will be some surprises soon in the market.
Bonds continued their climb in interest rates. The Dollar moved sideways.
Gold, oil and gasoline all fell in price today. Gold continues to be a fantastic buy at this price.
In [...]
Stocks moved multiple hundred points up and down today, awaiting the FED announcement on a rate cut. Once that announcement was made, stocks fell like a stone, ending down just 74 points – basically a sideways move day (with volatility).
Bonds continued their upward trend in interest rates.
The Dollar lost more ground, and Gold gained some [...]
I was amazed today with the stock market. I’m sure this is a record of some sort, but I haven’t read that so far. The Dow was up 889 points – over 10% in one day. People just thought the market was oversold and there were too many bargains out there. BUT – they waited [...]
Stocks tried to go up today, after starting down. But in a last minute lemming leap, it fell over a cliff during the last 5 minutes to lose 204 points.
Bonds, the Dollar, Oil and Gasoline sort of went sideways today with a downward bias.
Gold continued its slow upward journey, increasing $13 in price today. [...]
Stock gyrated today from low to very low to low to moderately low, closing down 312 points. How low can you go? The reason? – the world is still scared about a worldwide recession. Bonds got clobbered today, rising in interest rates.
Gold and the Dollar had a modest rise.
Oil and gasoline continued their tumbling ways [...]
Stocks were way up, then way way down, and then ended up – up 172 points for the day. This volatility can make you dizzy.
Bonds continued their gains with lower interest rates – more bad news is expected soon.
The Dollar, Oil and gasoline moved sideways today.
Gold fell again – this time to $715. Buy with [...]
Stocks were hammered today as the pundits stated that corporate earnings aren’t coming in as high as they should be, and the future looks glum. Bonds rallied, and are on a major move downward in interest rates. The bond move is good news for the economy, as it’s stating that the government intervention is working [...]
Stocks fell 232 points today, and the reason?? – to take some of the profits made yesterday. What a fun market.
Bonds fell significantly in interest rates today, and I see this as an encouraging sign that the markets think the government actions are working, but slowly.
The Dollar went up significantly today against the Euro, but [...]
Stocks soared today, ending up 413 points. Everyone is thinking that the bad news is over. Don’t count on it.
Bonds, the Dollar and Gold went sideways today.
Oil and gasoline perked up a little, and are reacting to a threat of reduced oil production by OPEC.
In the news today….
Is the bad news over?? Here is [...]
Stocks were very volatile again today, and ended down 127 points. There was no change in bonds.
Gold hit the $750 mark today, and bounced off it, ending at $788. Gold is something to buy with both fists right now.
Gasoline and Oil rebounded slightly. It’s sure nice to watch gasoline prices coming down – and frustrating [...]