Stocks resumed their upward trend to make you think the bottom has been hit, and the worst if over, and you will make money in the stock market for the rest of your life. Good luck. Bonds also increased in interest rates, and as the 10 Year Treasury exceeds 3%, the influence on other interest [...]
Stocks were up most of the day, but ended even. As did bonds. In fact, bonds have been going sideways for the past month. The Dollar went sideways too, and oil and gasoline went up slightly. Gold fell $8 today. In the news today….. AIG Bonuses – that’s the big news today. AIG is paying [...]
This is a two day economyguy. Stocks finished the week with the best gains in a long time. Everything is rosy and everyone thinks the rally will go on forever. In reality this is just a bear market correction, and will trap some happy bull thinkers. Bonds moved sideways both days. The dollar moved sideways [...]
Stocks moved sideways today – kind of boring. Bond interest rates fell today – good for bonds, and you. The Dollar lost somewhat. Oil and gasoline fell as consumptions concerns gripped the market. Gold gained back some of its recent loss, and remains a good buy. In the news today…. None of economic interest. [...]
Stocks jumped today with the largest gain in many months. Financial stocks, especially banks, lead the way. Citibank said it was profitable for the first two months of 2009, and that was the headline impetus. Bond interest rates rose again, and the Dollar gained also. Oil and gasoline fell slightly. Gold fell again, and is [...]
Stocks lost some more ground, and are in striking distance of recent lows. Bond interest rates rose as concern about the supply of future bond offerings hit the market. The Dollar moved sideways today. Oil went higher on potential oil supply cuts in the Middle East. Gasoline just went sideways today. Gold fell $25 today [...]
Stocks opened up, spent most of the day WAY down, and ended up 33 points. I call this moving sideways. Bonds moved sideways too, as did the Dollar. Oil and gasoline rose a little. Gold gained $14, and is coming back. Gold continues to be a “buy”. Unemployment Rate – rose to 8.1% from 7.6%. [...]
Stocks crumbled again today hitting new recent lows. The Dow went down 281 points today. Bonds were a safe haven play, so interest rates fell significantly. The Dollar gained a small amount as England and Europe (ECB) dropped their interest rates, making the dollar more favorable as an investment. In addition, the dollar is currently [...]
Stocks finally went up today, based on news that China is considering it’s own stimulus package. If you believe a rumor like that would move the market, I have bridge to sell to you. Bonds increased in interest rates again, and this is much more dangerous to the future economy than where the stock market [...]
Stocks fell again today – it just seems to only know how to go down. Obama said it was a good time to buy stocks – and everyone ran for the door – you see people are fairly smart. Bonds and the Dollar went sideways. Oil and gasoline rose a little – just enough to [...]
