Stocks fell today through the floor as volatility is coming back to the market. This is beginning to look like that awful market we remember in January and February this year. Bond increased in value – as it did previously this year to lower interest rates. The Dollar gained big time – over 1.5 cents [...]
Stocks surged today. They didn’t crash, did they? Well, that just shows you how fickle the stock market really is. The GDP drove it upwards (but read my article below). Basically all markets reset to the point they were at 2 days ago. Bonds increased in interest rates. The Dollar lost over one cent against [...]
Stocks tumbled today, and could be starting a long road downward. Bonds increased in value (lower interest rate) but within its current trend. The Dollar gained almost one cent against the Euro, and drove the other markets. Oil, gasoline and gold all fell with the stronger Dollar. In the news today….. GMAC – wants more [...]
Stocks were up slightly today. The bond market went sideways again today well within its trough. The Dollar gained again today against the Euro, ending below $1.48. Gold was down a little again today also. Oil bucked the trend and gained today, perhaps telling us the direction of the markets tomorrow (back to the good [...]
The stock market was driven down by a stronger Dollar – can you believe it? Oh well, that’s what the folks on Wall St think. Bonds moved sideways with a downward bias (increasing interest rates). The Dollar gained over one cent against the Euro, and this was the hit on the market. Gold and Oil [...]
Stocks went up today because they wanted to go up. Bonds moved sideways. The Dollar moved sideways, but remains at a critical low point. Gold fell slightly today, but remains in its current sideways trend. Oil and gasoline were down slightly, but basically were sideways. In the news today….. Wells Fargo Bank – was downgraded [...]
Stocks tumbled today right at the close as Boeing and Walmart dragged the whole market down. Bonds lost ground too – increased interest rate. The Dollar lost ground, as the Euro crossed the significant $1.50 threshold. Gold continued in its sideways trough and stays at record levels – a great sign for future gold prices [...]
All markets moved sideways today – very boring. In the news today….. Home Building Permits – fell in September. This shows that home builders got the message – there is going to be plenty of competition from foreclosures in the near future. Wholesale prices – fell last month, but not much. This is a fairly [...]
Nothing happened in last Friday’s market – ergo no report. Today was Monday, so naturally things moved forward. Stocks jumped today and continue in its uptrend. I am starting my death watch to predict when I believe this market will turn downward. I previously predicted that the DOW could reach 10,300 before it turns down; [...]
Stocks jumped again today, up 47 points. Bonds lost value, and increased interest rates a small amount. The Dollar continues to lose value today against the Euro. Gold fell $14 – I guess nothing can go up continuously forever. Oil and gasoline are the elephant in the living room. Their massive increase in cost if [...]
