Stocks fell, and then rose, ending up 69 points. The action was caused by the very poor financial results reported by Citi and Bank of America.
Bonds gave back some of their recent gains, and ended with their interest rates up 0.1%.
The Dollar lost some ground, and gold gained back most of its recent losses in [...]
Stocks spoke very loudly today – falling another 445 points with the DOW reaching 7552. No one would have considered this possible even 3 months ago. And the bottom is another 500 points down AT LEAST or possibly much more.
Bonds made a DRAMATIC move today increasing in value (decreasing in interest rate) with the 10 [...]
Stocks were amazing today setting a record swing for one day – up to down range of about 1000 points, but ending down only 128 points. This is the biggest one week loss for the stock market ever. We are seeing history before our eyes.
Bonds got hit a little more after the last two days [...]
Stocks fell 200 points at the market open, but ended down only 97 points at the close. Bonds continued their decrease in interest rates.
Gold and the Euro continued their march upward, but only a little.
Oil and gasoline fell off, big time, with stock market pundits hoping this would turn the market around, and pull the [...]