Stocks went up a little today on the retail sales news. Bond interest rates increased at the same time – continuing their sideways trough move.
The Dollar strengthened another cent against the Euro. This had the effect of reducing the price of gold, and reducing the price of oil/gasoline.
Gold is now approaching my first buy position [...]
Stocks went sideways today with a downward bias. Bonds continued to increase in value (lower interest rates) and this is great news for all interest rates, but particularly mortgage rates sometime in the next couple of weeks.
The Dollar went sideways, as did Oil and Gasoline.
Gold was the big mover today, and ended up $22 today, [...]
Stocks fell slightly today.
Bonds had plenty of action with interest rates shooting upward – see article below.
The Dollar strengthened as oil is thinking that the US economy will be coming back fast – kind of illogical, but that’s the market.
Gold lost some of its luster, falling $22.
Oil and gasoline powered ahead as the Russia/Ukraine gas [...]
Merry Christmas to all the EconomyGuy readers. Enjoy this season with your loved ones.
There won’t be an economyguy tomorrow, as I will be traveling and the market trading is very light.
All markets went sideways today, and will probably continue for the rest of the week during those days when the markets are open.
Gasoline fell below [...]
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 to 4 [...]
Stocks gained some of yesterday’s losses – ending up 270 points. Just trading moving the market today.
Bonds continued their record breaking increase in value – but only a little gain today.
The Dollar fell a little today, and gold gained back some of yesterday’s loss – based on the stock market movement.
Oil and gasoline were the [...]
Stocks were scared about the bad earnings and financial meltdown continuing – worry about the government bailout working or not working. Shares ended down 177 points today. Bonds went sideways today.
The Dollar strengthened, and gold fell.
Oil and gasoline fell to new recent lows, and this means cheaper gasoline coming down the pike to us all.
In [...]
The stock market has spoken. Everyone was so happy last Monday when stocks surged – so fast, and so far – a record amount. In the last two days, the stock market has lost over 800 points. This is tragic news for people who are depending on increasing stock prices to maintain their retirement, or [...]
Oil prices drove the stock market straight up at the open on Tuesday, up 250 points. But, in thin trading, the market realized that oil prices really are not all of the market, so the market ended down 27 points. Quite a swing.
Bonds prices went the opposite of stock prices, so bond interest rates ended [...]
Stocks jumped up today by 198 points. Have you noticed that over the past few months that the DJ30 Index hasn’t gone anywhere, but it has gone up and down a lot?? Does that make you wonder if it’s worthwhile investing in stocks?
Bonds moved sideways today, and Gold fell just a little
The Dollar strengthened today [...]