Stocks fell today, closing January at a loss, based on worries about our debt and economy.
Bonds, Gold went sideways.
The Dollar continued to gain against the Euro reaching $1.38/Euro.
Oil and gasoline continued their downward fall as the economy is questionable.
In the news today…….
5.7% GDP 4th Q – and this is good news??? Well, it should be; [...]
Stocks fell today, and this is more technical than anything else. Bonds, Gold, Oil and gasoline all went sideways.
The Euro continues to fall about 1/2 to one cent per day – a steady drip of lost value. Is this going to stop? Some experts think it will stop soon, and reverse course. We must wait [...]
Today stocks moved sideways most of the day, moving up at the end on the FED statement of a strong economy. Bonds, the Dollar moved sideways too.
Oil and gasoline fell significantly as new recent lows are being reached. Let’s hope this continues, and actually shows up at the pump.
Gold also fell, and will now test [...]
Last Sunday, I had the honor to lead an economic discussion with a group of economyguy readers and friends. This group of highly educated and financially sophisticated individuals represented the core values that investors across America have. As individuals, they were interested in all types of investments, and we interested in how the future US [...]
All the markets moved sideways today. Stocks are flirting with technical support areas to determine if this market will bounce up again, or die a painful death by losing a significant amount of its recent gains. On the news front, everyone is waiting to see if Congress and the President will be changing course, or [...]
Stocks are down big again, with the S&P as a negative for 2010. Stocks feel because the bank profits aren’t as good as they must be to sustain a rally in stocks.
Bonds, Gold, and the Euro all went sideways today.
Oil and gasoline declined again today, and this continues to be good news (unless it signals [...]
Stocks tanked today as a result of President Obama blasting the banks, and wanting strict guidelines on what they cannot invest in.
Bond lowered in interest rates, and the Dollar moved sideways.
Gold fell to below $1100/ounce. This is the first buy range for those of you who want to buy gold. The “buy” signal for significant [...]
Stocks fell today as the Republican win in Mass was built into yesterday’s gain, so today could be the profit taking day.
The Dollar strengthened again today, and bond interest rates eased in response, and gold fell significantly in response, and oil/gasoline fell in response.
In the news today….
AIG good news – the FED took a bunch [...]
Stocks jumped today based on the Mass election. The Dollar gained again today, and everything else went sideways.
In the news today…..
ECB refuses to aid Greece – why? Great question, I think. Can you figure it out. Well, the IMF came to the rescue, and said it would bail out Greece if the EU and ECB [...]
The market was much more lively today. Stocks fell 101 points, and bond interest rates fell as the Dollar gained new ground against the Euro. The Euro fell on rumors that Chancellor Merkel of Germany was resigning – and this was later denied.
Gold fell on the same news of Dollar strength.
Oil and gasoline fell also, [...]