The stock market begins the trading year 2022 with a roar

| January 3, 2022

Even with all the negativity around Covid19 and the rapidly spreading, but somewhat more tolerated, Omicron variant … investors chose to shrug off what looks to slow down the economic re-openings around the world. The saying I keep hearing is that “I’m done with it.” My view for the strong stock market start on the […]

Big day for Apple shareholders and the DJIA

| August 2, 2017

The Dow broke above the 22,000 threshold for the first time on Wednesday rising for the seventh straight day.  The boost over the "nice round number" happened after Apple posted stronger-than-expected quarterly earnings and iPhone sales met expectations. $AAPL stock rose 5.5% and made its largest single day percentage rise since February. (Story

Tech – Jobs Friday: Wages up, but a tepid 156K nonfarm job rise

| January 6, 2017

U.S. employment increased less than expected in December, but wages are rising, ever so slightly after a long stagnancy. Most economists are positive since they say we only need to create 56,000 jobs per month to keep up with current levels of new entrants in the job market. Others will point out that our job […]

Job growth above expectations, but markets continue declining

| January 8, 2016

The financial markets took another slide this Friday afternoon even after “impressive” job numbers were released this morning. Growth was well above expectations showing 292,00 jobs were created in December 2015. This came as a mixed message for investors as they needed something to stimulate their interest in buying stocks … unfortunately many came away […]

Not a promising 2016 start for investors

| January 8, 2016

January 2016 has not given investors an optimistic start as stocks sold off for another day on Thursday. The slide gives the Dow its worst start to begin a year since the 30-stock index was created in 1928. Fingers are pointing to economic woes and government financial manipulation in China as well as world oil […]

The Dow moves above 13,000, but closes 0.1% down instead

| February 27, 2012

The Dow once again inches past the 13,000 market, but somehow can’t quite close above this psychological level. For a few moments Monday, it looked like it was finally happening. But the Dow Jones Industrial Average failed yet again to close above 13000. The average ended down 1.44 points, or less than 0.1%, at 12981.51. […]

Dow up almost 500 points after morning central banking news

| November 30, 2011

A very impressive day on Wall Street after the central banking news this morning. Many expected an end of day weakening, but buyers continued to pick up shares of companies who’s stock has recently been beaten back. The positive move continued the trend of volatility that has marked nearly the entire year. After an “off […]

Financial markets down again, continuing the summer of pain

| August 19, 2011

The Dow closes at the low of the day noting that few want to stay long for the weekend. Moving the market down was the misguided management at HP after their announcement yesterday (traded down 20% today and yanking the DJIA with it). Hard to believe an iconic American company with such deep pockets and […]

Recovering losses after politically triggered market meltdown

| August 15, 2011

We’ve started off the week in a more upbeat fashion as the expectations are high for some kind of deal on Tuesday from the Europeans. Hopefully they’ll be able to sooth the jitters many are having over banking and Eurozone’s socialist mentality. I’m not holding my breath that they’ll be able the make the social […]

French banking concerns continue pessimistic view for markets

| August 10, 2011

Maybe it just that we’re looking to point fingers or for a reason to remain pessimistic in our interconnected economies, but most reports I’ve been reading are now looking at the possible downgrade of French banks … and government. This spilled over to US markets (particularly banking) and started the day negatively. After some regrouping […]

Markets continue downtrend – NASA prepares for Mars launch

| August 5, 2011

While checking the stock market over lunch, it was again another depressing day. The Dow continues to march down as does the Nasdaq even on relatively positive news that we did have some private sector job grow and a slightly backed off unemployment claims rate of one tenth. It now stands at a high national […]

Another even bigger down day on Wall Street – Dow – 512.61

| August 4, 2011

After the agonizing debates in order to come to a half solution to control our deficit, debt and raising the President’s ability to borrow these past several weeks, the debt ceiling agreement did little to help the world’s financial markets – Europe’s banking problem does little to help. Today Wall Street returned the largest lost […]

Dow Jones Industrial lower for 5th straight week

| June 3, 2011

The Dow Jones Industrial average continued its slide back towards 12,000 and most other indices followed suit. Unfortunately the stream of negative news relating to the economy has been pressuring buyers to either remain on the sidelines or sell shares in all but a few hot IPO offerings. From companies slow to hire new workers, […]

My personal twist on summer tech oriented Dogs of the Dow

| May 26, 2011

Has anyone back-tested Dog of the Dow technology stocks as a second half of the year purchase? Most of the technology upgrade cycles and business purchases happen during the second half of the year … and with CSCO (1.5% dividend yield) and  MSFT (2.6% dividend yield) at the bottom of the Dow 30, they certainly […]

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.
My Desultory Blog