Stocks fell today, but only 82 points. Bonds moved sideways, as did the Dollar.
Gold fell $13.
Oil and gasoline fell also, below $70/barrel.
In the news today…..
Consumer Confidence – fell last month. But, this is a flaky statistic, so I would ignore it. Stocks thought it was terrible, so the stock market fell on the news.
Home Prices [...]
Stocks went up 91 points today.
Bonds, the Dollar and Gold all moved sideways.
Oil and gasoline soared to near near-term highs – so the risk of rising energy is still upon us. It will take a dramatic decline in oil to relieve this risk.
In the news today….
Nothing worth talking about!!!!!!!
Here are the last numbers for today:
Dow [...]
Stocks moved sideways with a downward bias based on the increase US Savings Rate.
Bond interest rates continued their fall, and the 10 Year Treasury has now fallen 0.5% to 3.5%.
The Dollar lost about another cent today against the Euro.
Gold gained another $2, and finished above the magic $940 mark – let’s see if it can [...]
Bonds were a big mover today with lower interest rates. Stocks moved up on all the news, irrationally, of course.
The Dollar stood still
Oil and gasoline went back up into the $70/barrel range
Gold closed at the important technical barrier of $940/ounce.
In the news…..
Warren Buffett – was interviewed yesterday and announced there is no recovery in our [...]
Stocks and bonds moved sideways today.
The Dollar FELL dramatically against most currencies.
Oil and gasoline went up – and this was driven by the weak Dollar
Gold went up slightly – and this was driven by the weak Dollar.
In the news today…..
Existing Home Sales – rose 2.4%, the 3rd month in a row increase. Good news, but [...]
Stocks plummeted today, down 201 points. Perhaps reality is setting in.
Bonds gained dramatically (decreased interest rates) – a nice move for us.
The Dollar strengthened one cent against the Euro.
Oil and gasoline were hit again, and have come well of their recent highs. Sanity appears to be coming back into the oil price. My personal belief [...]
Stocks, bonds, the Dollar and Gold all moved sideways today.
Oil fell significantly, and more significantly, gasoline fell $0.11 today – a very large drop in price. The rationale that I saw was that people just aren’t driving as much this summer as last summer, and consumption is down.
In the news today…..
Stock Market Future – as [...]
Everything went sideways today, with stocks showing an upward bias most of the day.
Bonds were the single thing that jumped. The 10 Year Treasury interest rate increased by 0.19% – and enormous increase.
In the news today…..
Inflation – if you are interested in seeing the cause of inflation, and what’s coming toward us, click on [...]
Stocks moved sideways all day today, as did bonds with their slight bias toward lower interest rates.
The Dollar lost another cent today.
Gold, oil and gasoline all went sideways.
In the news today…..
CPI (Consumer Price Index) – rose 0.1% in May over April. While this is a small number, it is positive, rather than negative as occurred [...]
Stocks were the only market to really move today, and it moved downward as the technical indicators for stocks just didn’t look good enough for folks to buy much.
Bonds continued their slight decrease in interest rates, but not enough to make a big difference.
All other markets went sideways with Gold holding at its recent lows.
In [...]