Archive for March, 2010
It is the last day of the quarter. One day away from April Fool’s Day. Stocks do funny things on this day. This is the day that all financial investors start to show what they made over the last quarter. And, it also shows what stocks they have in their portfolio. So, financial managers are [...]
March 31st, 2010 | Posted in Uncategorized | 2 Comments
Not much happened yesterday, so I didn’t write an article. No reason to bore you with trivia.
Stocks were having so much fun today as they blasted through 10,900 and are approaching 11,000. Bond interest rates remain on the high end of their range.
The Dollar strengthened, and gold fell. Oil and gasoline rose, and that’s fun [...]
March 30th, 2010 | Posted in Uncategorized | 4 Comments
Stocks went sideways today as a Korean naval ship was sunk. Bonds recovered some of their recent losses as Friday close approaches.
The Dollar lost about 1.5 cents against the Euro as Europe solved Greece’s debt problem.
Gold gained, but oil/gasoline lost.
In the news today…..
Korean Ship Sunk – off island near N. Korea, but in South Korean [...]
March 26th, 2010 | Posted in Uncategorized | No Comments
Stocks moved sideways today, but bonds are surrepticiously moving up in interest rate. This is the highest I’ve seen in the last couple of years.
The Dollar moved higher against the Euro which hit a recent low today. Gold was down slightly, as was oil/gasoline.
In the news today…..
UK Prime Minister Gordon – is under fire for [...]
March 25th, 2010 | Posted in Uncategorized | No Comments
In the news today…..
Tonight’s Dinner Conversation……
I would like to quote an article by Peter Warburton that was written in 2001 about the manipulation of gold/silver by the central banks, especially the Federal Reserve. It is very telling, and it is totally relelvent today. Here is why.
The CFTC which oversees commodity future sales is having a [...]
March 24th, 2010 | Posted in Uncategorized | 1 Comment
Stocks jumped way up today on the cool news of the healthcare bill being signed into law. This means less unknowns, and markets like that.
All other markets moved sideways.
In the news today……
Existing Home Sales – fell in February 0.6%, the third straight month of declining sales. The median price of the homes sold fell 2% [...]
March 23rd, 2010 | Posted in Uncategorized | No Comments
Stocks were up today, and took the Obamacare vote as something that was good for stocks
Bonds and the Dollar were sideways. Gold was down slightly today. Oil and gasoline were up slightly.
In the news today……
5 Banks Closed – last Friday, and this bring the total to 37 banks so far this year. 140 banks last [...]
March 22nd, 2010 | Posted in Uncategorized | No Comments
Stocks fell back slightly, and bond interest rates rose slightly. The fall was blamed on an unease in the healthcare tax increases coming if Congress has its way. Politics rule.
The Dollar strengthened, and gold fell as did oil/gasoline.
In the news today……
Bonds – have you ever wondered if bond values could ever be a measure of [...]
March 21st, 2010 | Posted in Uncategorized | No Comments
Stocks moved sideways today on the news that we are worried about what the Chinese premier said that we should butt out of the Chinese exchange rate discussion. Bonds went sideways too.
The Dollar strengthened one cent – and is a sideways channel of $1.35 to 1.37.
Gold strengthened slightly (and I purchased some gold last Friday). [...]
March 15th, 2010 | Posted in Uncategorized | No Comments
Stocks and bonds moved sideways again today – isn’t the market having a hard time deciding on its direction?
The Dollar fell against the Euro, and Gold/oil/gasoline all fell too. Counterintuitive, but don’t worry, it will get straightened out next week. Oil might fall below $80, and if it does, it could easily go back to [...]
March 12th, 2010 | Posted in Uncategorized | No Comments