Stocks were slightly up today, and bonds also went sideways. The dollar gained, and then lost value – ending sideways.
Gold went sideways.
Oil and gasoline continued their downward slide. This is beginning to look like we might get lower gas prices.
In the news today…..
Wholesale Inventories – rose 0.3% in October. This rise is after 13 months [...]
Stocks fell today as corporate earnings were disappointing. In addition, the international market is negatively affecting sentiment as the Dubai bond default rattles markets and the downgrading of the Greek national debt strengthened the Dollar. Bonds moved sideways.
The Dollar gained significant strength again today – and pushed gold, oil and gasoline down. The Dollar could [...]
Stocks and bonds went sideways today – nothing much to talk about.
The Dollar strengthened slightly today – the bias is important – strengthening.
Gold, oil and gasoline all fell in price today. Oil was significant because it fell below its sideways trading range, so is settling into more recent lows.
In the news today….
Bank of International Settlement [...]
Jobs. Jobs. Jobs. – that what moved the market today. At least that’s what the market reacted to. Is it real? (read below).
Naturally, the stock market soared to a 12 month high, then fell off (showing a little bit of sense).
The big mover was the US Dollar – it went straight up – up over [...]
Stocks fell today, as the economic news was not that good. Tomorrow’s unemployment number spooked the market, and the SMI index on the Service Industry was not a very good report today.
All other markets moved sideways.
In the news today…..
TARP Balance – is currently about $200B, plus Bank of America is going to repay $45B. Secretary [...]
All markets went sideways today, except Gold. Gold powered ahead to an ALL TIME HIGH.
In the news today…..
GM fired its CEO – and the Chairman took over as CEO while the board looks for a new replacement. What happened? Well, it’s simple. The Obama imposed CEO wasn’t up to the job – so the board [...]
Stocks jumped again today. It seems the markets think things are back to normal – Stocks up, bonds down, the Dollar down, Gold up and oil/gasoline up.
That’s what happened.
My personal opinions……
As most of you know, I tend to say it like I see it. You probably think that I am stuck on certain possible investments [...]