Stocks started out up, then went down 100 points, then recovered to positive territory and then ended down. That’s life. Bonds lost a little value (higher interest rate) in line with the stock market.
The Euro gained a half cent today.
Gold gained $13 today.
Oil and gasoline flew upward as speculators hit the market again.
In the news [...]
All of the markets went sideways today….
In the news today….
Consumer Confidence – fell today, driving stocks down from the start. The experts were expecting an increase in confidence, but a decrease actually happened. Not good.
Industrial Activity – in the midwest fell last month, and the Dallas area looks like it is bottoming. Normally, you just [...]
Stocks soared today on the great M&A news that financial companies will be making a bundle of money helping other companies get together.
Bonds are at a nice low interest rate – good for all of us.
Gold and the Dollar are flat today, as is oil /gasoline.
In the news today…..
Social Security – will be paying out [...]
Stocks were up most of the day, but fell like a rock after the FED announcement. They didn’t say much, but the market decided to take some profits.
Bonds, and Gold moved sideways.
The Dollar continued its fall, hitting 1.48 against the Euro. It pulled back a little today.
Oil and gasoline pulled back a lot today as [...]
Stocks fell in lifeless trading today as did most other markets. Everything is now trading in its range.
In the news today……
Money Markets – the Federal government is stopping its guaranteeing of money market accounts that it started one year ago in the midst of the financial crisis. It was put into place to assure people [...]
Stocks rocketed forward today as all the news was good??? This is just one more step toward the top of the stock market.
Bonds moved sideways.
The Dollar was decimated again, as it fell a large amount against the Euro.
Gold rose, and more significantly is using the $1000 mark as a bottom to bounce against. It looks [...]
Stocks continued their bullish trend forward. When will this stop? I am watching and watiing, and I am of the belief that this bull market phase has gone too far too fast. The sign for a pullback will come sometime in the future, and I’ll report it.
The Dollar was decimated again today. Gold plowed forward, [...]
Stocks bounced around today as worry exists over a trade war between the US and China (that’s better than a shooting war.)
Bonds bounced on the same data with increased interest rates.
Gold fell a little today. Oil and gasoline went sideways.
The Dollar is falling, and falling fast right now. Why??? It’s simple. The FED is printing [...]
Stocks soared forward today setting near term highs, and bonds increased in value (lower interest rates) as the FED bought bonds on the open market.
The Dollar lost more money, and is WEAK, WEAK, WEAKER.
Gold, oil and gasoline all went sideways.
In the news today…..
FDIC Bank Guarantees – of $320B that were made when banks failed and [...]
Most markets went sideways today, and the Dollar continued its fall to new lows. Basically a day of churning
In the news today…..
Mortgage Applications – hit a high on low interest rates and the $8000 US tax credit on new home buyers. Mortgage applications were up 17% over the previous week. Refi’s represented 59.8% of all [...]