Stocks started off down, but fought back and ended with a gain. Why?? Because there was no auto bailout yesterday, but there is a rumor of a bailout today. Bonds improved slightly.
There was no change in the Dollar and in gasoline. Oil dropped slightly, as did Gold.
In the news today…..
Retail Sales fell 1.8% in November. [...]
Stocks fell today as the auto industry bailout stalled in Congress. Bonds sort of went sideways.
The big mover today was a massive fall in the value of the Dollar against everything except the Yen. The traders are beginning to believe that the Dollars are being printed too many, too fast, and it will reflect on [...]
Stocks moved all over the place today – ending up 70 points – more or less the same as moving sideways.
Bonds were stable also. Short treasury bonds are very stable. Longer term bonds are now “in question” given the governments commitment to long term spending, bailouts, and other forms of printing money.
Oil, gasoline and the [...]
Stocks were off today the entire day as US industry continues to disappoint with poor financial results. FEDEX, for example, has reduced its forecast as shipping has fallen off in the last month alone.
Bonds was where the action was. While the 10 Year Treasury showed some gains (decrease in interest rates), the short end was [...]
Stocks jumped again today by 299 points, and 10 Year Treasury bonds are holding around 2 3/4%.
The Dollar lost more ground today – in conjunction with the stock jump up.
Oil remains tame as does gasoline prices.
Gold gained $17 today – ending at $769/ounce – still a buy.
In the news today….
There are two credit markets in [...]
Stocks fell today – kind of a see-saw going on the last couple of days – falling 215 points.
Bonds continued their dramatic rise – a decrease in interest rates. Most bond players think that the bond market is set for some sort of correction soon as there has been a truly dramatic, dramatic rise in [...]
The stock market had another gaining day – up 173 points. Most of the news today has already been discounted – so it didn’t have any great impact.
Bonds moved sideways as the bond market anticipates another reduction in the Fed Funds rate later this month.
Everything else moved sideways.
In the news today….
Jobs lost in November was [...]
Stocks gained some of yesterday’s losses – ending up 270 points. Just trading moving the market today.
Bonds continued their record breaking increase in value – but only a little gain today.
The Dollar fell a little today, and gold gained back some of yesterday’s loss – based on the stock market movement.
Oil and gasoline were the [...]
Stocks tumbled today after last week’s record setting gains – the greatest since 1932. Today, stocks gave back half of those gains in one day. The confirmation of the recession today gave impetus that it’s real folks – not just news people talking up the negatives of the economy.
Bonds soared today with the 10 Year [...]