Stocks went way down today, recovered to positive territory, and ended down 80 points. Bank worries continued to be a key worry. Bonds lost ground (increase interest rates), as future inflation and supply of bonds weighed on the market The Dollar gain as did Oil and gasoline (on increased demand recently in gasoline.) Gold went [...]
Stocks moved sideways today, as did the Dollar. Bonds started a rally today with decreasing interest rates. This was caused by a successful auction of new Treasury Notes, and this satisfied the fears expressed last week on a great new supply of Treasuries being issued. Gold fell below $910, so let’s wait to open that [...]
All markets went sideways today. It looks like all markets needed to recover from their past moves, and reconsider where they’re going. Tomorrow should be more interesting. In the news today….. The FED released their minutes of the December meeting. They gave their rationale for lowering the Fed Funds rate to a range of zero [...]
Stocks fell 100 points today after the market decided that the FED move yesterday wasn’t all that great. Bonds continued their massive drive upward in value (decrease in interest rates), and the 10 Year Treasury is now exploring whether it might break through 2%. The Dollar continued its massive fall in value, falling another 3 [...]
Stocks soared today, up 360 points, as stock market buyers felt confident after the FED reduced the Fed Funds Rate to HISTORIC lows. My opinion is that stocks are in danger of plumbing new lows (as in water going down a drain) as the FED is in a deep panic, and now has given up [...]
Stocks went sideways today – it’s been a long time since we’ve seen a sideways day. Nice to relax for a day. Bonds, on the other hands, soared BIG today by dropping the interest rate 0.25% on the 10 Year Treasury. The Dollar lost some more, as the Euro gained again. Gold went sideways today [...]
Stocks moved upwards – by 190 points today. Not much sanity in the market – so I think there will be some surprises soon in the market. Bonds continued their climb in interest rates. The Dollar moved sideways. Gold, oil and gasoline all fell in price today. Gold continues to be a fantastic buy at [...]
Stocks moved multiple hundred points up and down today, awaiting the FED announcement on a rate cut. Once that announcement was made, stocks fell like a stone, ending down just 74 points – basically a sideways move day (with volatility). Bonds continued their upward trend in interest rates. The Dollar lost more ground, and Gold [...]
Stock gyrated today from low to very low to low to moderately low, closing down 312 points. How low can you go? The reason? – the world is still scared about a worldwide recession. Bonds got clobbered today, rising in interest rates. Gold and the Dollar had a modest rise. Oil and gasoline continued their [...]
Stocks were hammered today as the pundits stated that corporate earnings aren’t coming in as high as they should be, and the future looks glum. Bonds rallied, and are on a major move downward in interest rates. The bond move is good news for the economy, as it’s stating that the government intervention is working [...]
