Monthly Archives: January 2010

I always loved that line in Ghostbusters where the possessed Dana Barrett (Sigourney Weaver) asks Dr. Peter Venkman (Bill Murray) if he is the Keymaster.  Of course, it was Louis Tully (Rick Moranis) who was the Keymaster.  The operative word … Continue reading →

The stock market dropped to almost its lowest levels in three months after Qualcomm Inc. lowered its sales forecast and speculation mounted Greece won’t be able to finance its debt. The Dow Industrials fell 115.70 points to close at 10,120.46.  … Continue reading →

UpDownUpDownUpDownUp. That was the action today as the Dow Industrials closed almost 42 points higher to finish at 10,236.16.  Both the S&P 500 Index and the Nasdaq Composite ended the day on an up-note, adding .49% and .80%, respectively.  The … Continue reading →

So what’s it gonna be – up or down? The market closed slightly negative today after the Dow was up as much as 90 points earlier in the day.  In fact, the market held most of its gains until the … Continue reading →

The market staunched its bleeding today with small gains across the board.  The Dow Industrials posted a 23.88 point gain to close at 10,196.86.  The S&P 500 Index added .46% but the Nasdaq Composite didn’t perform as well, adding only … Continue reading →

The market sold off hard for the third day in a row, making this the worst three day period since March.  Continued fears about President Obama’s plan to rein in banks and results at Google disappointed investors.  The Dow Industrials … Continue reading →

It was the same story again today as the market sold off sharply, with fear that China is going to cool its economy overshadowing good earnings from EBay and Xerox.  Google beat estimates but revenues were weaker than expected and … Continue reading →

My neck is sore from the whiplashing the market has been through the past few days.  Disappointing earnings from IBM, CSX, and Morgan Stanley, coupled with China tightening their lending rules, pushed the market to its worst day in months.  … Continue reading →

If you close your eyes and tap your heels together three times, you might almost forget Friday was a triple digit down day.  The Dow Industrials closed up almost 116 point today at 10,725.43, recovering all of Friday’s 100 point … Continue reading →

The market had its largest sell-off in weeks as the Financials led the market lower, scared by losses from loans at JPMorgan Chase & Co. and a disappointing consumer sentiment reading. The Dow Industrials posted a triple-digit loss of 100.90 … Continue reading →