| Don't miss a single post; subscribe to my feed! |  |
The Dow Jones Industrials took it on the chin for most of May, finishing with the worst performance in 70 years. Even though it came up from its fall under 10,000, closing at 10,136.63 on Friday, the final figure was a 7.9% loss for the month. It’s the percentage that makes May 1940 worse, as [...]
We all knew it was coming, and today it finally came. The Dow Jones Industrials has been up and down, riding an interesting roller coaster over the past couple of weeks that saw it drop below 10,000 a couple of times, only to rally back above the mark by the close of the day. Last [...]
What a wild ride on Wall Street this past week. With worries about many countries in the European Union, the fall of the price of oil, and of course the massive oil spill that seems to be taking a life of its own, numbers were dropping for much of the week, even falling below that [...]
Just when you think you’ve seen everything, you come across a day like this. The stock market took a major league tumble, then found a way to right itself. At one point during the day the Dow was down more than 900 points, before rallying to end the day down a little more than 300 [...]
Talk about a nice run. The Dow Jones is on a very impressive run after taking a tumble 8 weeks ago. This weekend, the industrial average closed higher for the 11th time in 12 days, and that helped the index closed well, matching its longest string of gains since January 2004. Of course, marketers being [...]
At the beginning of the week, I proclaimed that the stock market, most specifically the Dow Jones, was going to go down based on how things had closed on the previous Friday. Therefore, imagine my surprise when the Dow ended the week up close to 400 points. It’s a funny game, this Dow, and it [...]
Today the Dow Jones was closed for President’s Day, but tomorrow it will open with a flourish, and the questions are which direction will it head after losing ground on Friday, although rallying back above 10,000 before the end of the day. I don’t do this often, and I hesitate to do it now, but [...]
