Stocks soared today – all at the end of the day – after dropping several hundred points in the first half of trading – ending up 552 points. Bonds foretold the stock movement and was losing value (increasing interest rates) during the entire day – but especially during the massive stock run up. The Dollar […]
Stocks fell 411 points today, and is now close to the recent minimum level reached during the last stock market meltdown a couple of weeks ago. Some stock market pundits are saying that if the market rallies from this level, a bottom has been reached in the market. The opposite of this philosophy is that […]
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 […]
Stocks were buoyant and ended up 248 points. This – in spite of the news on unemployment.
Bonds didn’t like the amount of new Treasuries coming onto the market in the future, and dropped in price – increased in interest rates.
The Dollar, Gold, Oil and gasoline all moved sideways – hard to believe.
In the news today…..
The […]
I was amazed today with the stock market. I’m sure this is a record of some sort, but I haven’t read that so far. The Dow was up 889 points – over 10% in one day. People just thought the market was oversold and there were too many bargains out there. BUT – they waited […]
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 tumbling ways […]
Stocks were very volatile again today, and ended down 127 points. There was no change in bonds.
Gold hit the $750 mark today, and bounced off it, ending at $788. Gold is something to buy with both fists right now.
Gasoline and Oil rebounded slightly. It’s sure nice to watch gasoline prices coming down – and frustrating […]
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 […]
Stocks dropped 242 points today as the financial bad news keeps building. Fannie Mae and Freddie Mac are weak. Lehman Bros is weak. Another small bank fell over the weekend. Bonds gained back all of its losses from last week as a safe haven (as interest rates fell).
Gold, the Dollar, Oil and gasoline all went […]
Stocks see-sawed today and ended up 69 points. The major news was the Fannie/Freddie scare that they “really” need help. (Where have these idiots been all this time – of course, they need help.) Bonds reacted in their “safe haven” role and fell in interest rate.
Oil and gasoline went up slightly today, but not much […]