Insights
Tue 3/6/12 2:50 PM – Markets Continue Lower on Correction, Greece
Usually the sharp drop in the early morning from European sellers bottoms out around 10 - 10:30. Today, each little attempt to buy low was met with further selling. There are likely two reasons. 1) US stocks have no real correction since their run started in October...
Swamped by a Storm — David Wilkerson Today
A friend sent me the following from David Wilkerson. Its a good thing to read if you or someone you know is in the midst of a great storm. From: DAVID WILKERSON TODAY Date: March 2, 2012 3:02:03 AM EST To: devotions-en@lists.worldchallenge.org Subject: SWAMPED BY A...
Wed 3/1/12 4:17 PM – Stocks Overcome Disappointing Economic News
Today's action was very choppy and in the last week US stocks are up less than 1%, though for the Nasdaq that would be 1.75%. Small stocks have actually declined 1.6%. We don't like to see that because a good bull market has small stocks on board. To be fair the...
Wed 2/29/12 3:47 PM – Good Day Turns Bad
Stocks started out on their way to another good day but about 10:30 this morning something happened as stocks, treasury bonds, oil and gold dropped sharply and the dollar soared. Stocks and commodities could not do as they have been doing and recover to new highs in...
Mon 2?27/12 4:02 PM – US Stocks Recover From Early Selloff
US stocks were sharply lower at the start of trading, following the lead of Hong Kong and Europe. In fact, these early selloffs seem to be the orders of Europeans when their own markets sell off. As with the other failed selloffs the market came back to finish about...
Fri 2/24/12 4:35 PM – Stocks Stall, Oil Up Sharply Again
US stocks again seem to have stalled out here. For the week, the market is only up about a half percent. That's actually healthy and even a small pullback of a few percent would be good for the market. Of course, bad news from Iran, China or Europe (ICE) would assist...
Thu 2/23/12 4:28 PM – Stocks, Oil Finish Up
Once again US stocks shrugged off an early selloff that was probably partly due to European selling as a follow through to lower markets today in Europe. US stocks were up about half a percent but small stocks tripled that today. Oil was up nearly 2% for the day. The...
Tue 2/21/12 5:12 PM – Stocks Close Slightly Higher, Greek Deal
US stock indexes finished 0.1% - 0.2% higher today but small stocks were lower by more than 0.5%. European stocks were down a bit while Asia was mixed. Both gold and oil were up over 2% today. You should probably have one or both in your portfolio. Most bonds were...
Thu 2/16/12 3:13 PM – Europe in Recession Again
The Wall St. Journal today reported on recession hitting Europe again as austerity measures in certain countries pull down the European Union as a whole. Most economists don't expect a deep recession. Here is the excellent chart from the article showing the recession...
Thu 2/16/12 3:03 PM – China is Largest Gold Market Now
China is now the largest gold market. Chinese demand for gold keeps growing as more people move up the economic ladder. Also, the Chinese New Year ushered in the Year of the Dragon, an especially auspicious thing in Chinese folklore and gift giving has been higher...
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