Stocks resumed their upward trend to make you think the bottom has been hit, and the worst if over, and you will make money in the stock market for the rest of your life. Good luck.
Bonds also increased in interest rates, and as the 10 Year Treasury exceeds 3%, the influence on other interest [...]
Stocks lost some more ground, and are in striking distance of recent lows.
Bond interest rates rose as concern about the supply of future bond
offerings hit the market. The Dollar moved sideways today.
Oil went higher on potential oil supply cuts in the Middle East. Gasoline
just went sideways today.
Gold fell $25 today more profit taking. This [...]
Stocks moved sideways today – not a ringing endorsement of the President’s Mortgage Rescue plan. Bonds gave up value (increased in interest rates again.)
The Dollar strengthened again on Euro weakness.
Oil and gasoline both gave up ground again today. Great for us as consumers. Let’s hope it continues in a downward direction – but this would [...]
Stocks fell dramatically today on the feeling that our economic future stinks. We fell through that important 7800 Dow level, ending at 7552, so we are now in a new bear phase of the stock market. Did you really believe all those bulls talking on TV last week?Bonds gained in value as there was hope [...]
Stocks rallied on the news that housing sales were going up. Is that good news? See below.
Bonds fell in value (increased interest rates) as the stimulus package is batted around like a baseball with no one really knowing how it will come out.
The Dollar fell against the Euro and was steady against all else. Gold [...]
Stocks spent most of the day in negative territory, then recovered, and retreated – ending down 105 points. The economy continues to dominate the thought in stocks with Microsoft announcing layoffs for the first time.
Bonds continued to lose ground (increase interest rates) – and this is hitting mortgage rates hard right now.
The Dollar, oil, gasoline [...]
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 [...]