RichC | August 9, 2011
Although I’m tiring of watching the fickle up and down action of the stock market … as are those who might stumble across my blog these couple of weeks … it is better to be able to say that the Dow Jones Industrial Average finished near session highs today. The 429.92 points – 3.98% gain […]
RichC | August 9, 2011
The Dow Jones Industrial Average recently rose 4 points, or 0.04%, to 10813 points. The index, which gained as much as 243 points at its morning high, saw its rally fade ahead of the Fed decision and then turned negative after the statement was released. It briefly recaptured some of the gains before falling sharply […]
RichC | August 9, 2011
Trying to be an optimist as equity markets near their 9:30 opening. Who knows how raucous the trading day will be after such a bit down day yesterday (see below). According to “watchers,” we are the the most oversold in stocks in decades — odd considering the fundamentals for most companies and banks aren’t that […]