The DJIA cracks 23,000 for the first time on 10/17/2017

| October 17, 2017

It’s just a number, but one that is reminiscent of the Greenspan “irrational exuberance” days back in the late 1990s during the dot-com bubble … but the business news media types cheered the mid-day number (yet to see where the market will close). One has to chuckle at as to just how wrong a Nobel […]

Looking for a beaten up stock? Look at FireEye – $FEYE

| April 27, 2017

Once a cloud-computing software security darling, FireEye has taken it on the chin and then some. Concerns still abound, but from most accounts, a bottom in stock price may have been found. It is particularly encouraging that Goldman’s Gabriela Borges, a software security analyst, has issued a “buy” recommendation and believes the stock will rally 18% […]

Bullish money managers picking stocks on CNBC Squawk Box

| April 11, 2014

Those who spend any time watching financial markets and attempt to analyze a mix of investments the future, understand that there are mix signals coming from economist, financial analysts and those hired to manage investments (or pick for TV). I follow both the bullish and the bearish thinkers, yet end up being more conflicted about […]

Confidence in NASDAQ in question after trading is halted

| August 22, 2013

At about the noon hour today stocks on the NASDAQ stock exchange were halted without much news besides a “technical issue.” According to CNBC, the markets should reopen at 3:30 although a few stocks will be reopened as a test around 3PM. (Quotes “only” for other Nasdaq listed stocks begins at 3:10PM) I’ve been eyeballing […]

Stock markets in a sea of red do to unrest in Egypt

| January 28, 2011

As the middle east boils and Egypt joins Tunisia in a public uprising against their governments, world markets grow nervous seeing oil rise 4% today on worry over disruption. Not only is our U.S. stock market giving back it’s gains from the past few days, but the political unrest a half a world away reminds […]

Amidst the gloom, there is a positive sign on Wall Street

| March 13, 2009

Although I don’t spend every moment watching the stock market as an indicator of our economic woes, I do feel the pain when it comes to paying for college and saving for retirement. So I can’t help but take a breath while noticing the averages rise a bit over the last few days. That said, […]

DJIA only 25 points above November 2008 intraday low

| February 19, 2009

Traders saw most stocks fall on Thursday, putting the Dow Jones Industrial Average back on a bear-market closing low track. The financial sector continued to decline and there was little desire by investors to  buy equities with the gloomy economic data.

Financial Markets reflect economic fears in America

| October 6, 2008

The financial crisis is rippling around the world and that fear is being reflected on Wall Street as the DJIA dropped a full 800 points during trading on Monday, although recovered somewhat to close off only 370 points at 9955.50. Almost all stocks took a beating again today shrinking all who invest for college or […]

Desultory - des-uhl-tawr-ee, -tohr-ee

  1. lacking in consistency, constancy, or visible order, disconnected; fitful: desultory conversation.
  2. digressing from or unconnected with the main subject; random: a desultory remark.