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Monthly Archives: January 2011
1.31.11 – Baby, It’s Cold Outside
Forecasts of a monster snow storm covering 29 states with wind-chills well below zero makes my blood run cold. Even here in North Texas, we’re expecting sleet, frozen rain, snow and temperatures near zero. Dayum! Continued fears of unrest in … Continue reading
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1.28.11 – That’ll Leave A Mark
The stock market reacted today to the unrest in Egypt with the Dow tumbling 166 points, to close at 11,823.70. The S&P 500 Index fell 1.79% and the Nasdaq Composite lost 2.48%. Gold and silver spiked higher and oil prices … Continue reading
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1.27.11 – Stalled
The Dow Industrial Index stalled again in its quest to close above 12,000, gaining only 4 points to close at 11.989.83. The S&P 500 Index did better, rising .22%, and the Nasdaq Composite jumped .58% on good earnings from Netflix. … Continue reading
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1.26.11 – Close But No Ceegar
The Dow crossed above 12,000 for the first time since June 2008 but couldn’t hold the bogey into the close, gaining just 8 points to close at 11,985.44 (.07%). The S&P 500 Index did much better, rising .42% and hitting … Continue reading
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1.24.11 – CAVU Or CAT? Part 2
Intel’s announcement of share buyback sparked a rally today and the Dow approached 12,000, closing up almost 109 points at 11,980.52.The S&P 500 Index gained .48% while the Nasdaq Composite rose 1.04%. Commodities closed mixed and energy, particularly natural gas, … Continue reading
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1.21.11 – Smooth Skies Or Clear Air Turbulence Ahead?
The stock market turned in a mixed bag today, with the Dow Industrials gaining 49 points to close at 11,871.84 and the S&P 500 Index gaining .24%. The Nasdaq Composite lost .55%. General Electric beat analysts earning estimates, which helped … Continue reading
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1.20.11 – Coulda Been Worse
The stock market turned in another weak day today but it could have been a lot worse. Concerns that China may raise its interest rates fanned the flames. The Dow Industrials lost just two points to close at 11,822.80. The … Continue reading
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1.19.11 – Changing Of The Guard?
For the first time in a long time the market made a significant pullback. Whether this continues or is a one- or two-day event remains to be seen. The Dow Industrials fell almost 13 points (-.11%) to close at 11,825.29 … Continue reading
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1.18.11 – I’m Back In The Saddle Again….
The first two weeks of 2011 are off to a strong start, even today what with Steve Jobs taking time off for a medical leave. The Dow Industrials gained almost 51 points today to close at 11,837.93. The S&P 500 … Continue reading
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