Stocks fell again today. They started up, as per the last few days, but couldn’t maintain the gain. Stocks are hitting new lows. Today’s excuse was poor health care companies – probably lamenting the President’s impact on their future.
Bonds moved sideways, and maintained their high interest rates. The Dollar moved sideways.
Oil and gasoline soared today [...]
Stocks went way down today, recovered to positive territory, and ended down 80 points. Bank worries continued to be a key worry.
Bonds lost ground (increase interest rates), as future inflation and supply of bonds weighed on the market
The Dollar gain as did Oil and gasoline (on increased demand recently in gasoline.) Gold went sideways today.
In [...]
Stocks retraced their loss from yesterday – almost. The bears are taking their profits.
Bonds moved sideways, and the Dollar lost some ground.
Oil and gasoline moved a little higher, on the higher stock market.
Gold lost $26 today as profit taking hit the market, and people took some of their gains off the table.
In the news today…..
Consumer [...]
Stocks – have you read the newspaper this morning asking if we had hit the bottom, and stocks would only go up in perpetuity? The answer is NO. Stocks closed down, in their current bear cycle, 251 points. The bears are eating the bulls alive.
No change in the bond market. The Dollar strengthened a little [...]
Stocks fell as much as 200 points today, and ended down 100 points. We are seeing a meltdown of stocks as people are just full of frustration about the future, and the government’s lack of a “for sure” plan to fix this mess.
Bonds were a safe haven again today, as value increased (interest rates fell).
The [...]
Stocks tried to rally this morning, but the general consensus of the President’s Mortgage Relief Plan is that it stinks. So, the market went down, down down. It ended down 90 – not much right?? Well, here’s the problem. Three months ago we had a low of 7552. Today, the market closed at 7465 – [...]
Stocks moved sideways today – not a ringing endorsement of the President’s Mortgage Rescue plan. Bonds gave up value (increased in interest rates again.)
The Dollar strengthened again on Euro weakness.
Oil and gasoline both gave up ground again today. Great for us as consumers. Let’s hope it continues in a downward direction – but this would [...]
Stocks fell dramatically today on the feeling that our economic future stinks. We fell through that important 7800 Dow level, ending at 7552, so we are now in a new bear phase of the stock market. Did you really believe all those bulls talking on TV last week?Bonds gained in value as there was hope [...]
Happy Valentine’s Day
Stocks today moved all over the place, and ended down 82 points – closer to the support level of 7800.
Bonds and Gold both gave up some of their recent “safe haven” gains as people took their gains before the weekend.
The Dollar moved sideways again.
Oil moved up a lot as people again took profits [...]
Stocks went sideways today, but spent most of the day testing its recent lows. Bonds continued to be a “safe haven” for money, with interest rates declining. The Dollar went sideways.
Oil and gasoline both fell. Oil a lot, and gasoline just one cent. Oil is testing its lows, and gasoline is 35% higher than its [...]