Monthly Archives: June 2011

6.30.11 – Long Is Strong

The stock market ended the quarter up for the fourth consecutive day as the dollar weakened and the Greek parliament supported a European bailout.  The Dow Industrials tacked on another 153 points to close at 12,414.34.  The S&P 500 Index … Continue reading

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6.29.11 – Heck Of A Time To Be Out

Can I time it or what?  I take off Monday and Tuesday and the market bounces sharply higher.  {Sigh}…I’m convinced at times that the day my ship comes in, I’ll be waiting at the airport…. The stock market rose for … Continue reading

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6.26.11 – Blog Will Resume Wednesday

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6.24.11 – Down The Hatch

The stock market continued to slide on continued concerns over European debt and poor earning reported by Oracle.  Micron also missed projections, contributing to big losses in the tech sectors today.  The Dow Industrials lost 115 points to close at … Continue reading

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6.23.11 – To Quote George Takei

“Oh, my….” Daytraders had a field day as the market tanked this morning, only to recover in the afternoon after news came out that Greece agreed to a five-year austerity plan.  The Dow was down well over 200 points shortly … Continue reading

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6.22.11 – I’m Dim Of The Yard

Prospects of an economic recovery dimmed as the Fed acknowledged the need to continue monetary stimulus measures.  The equities market trading in a narrow range until the last couple of hours, with the Dow Industrials losing 80 points to close … Continue reading

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6.21.11 – Greece Is The Word

The stock market made some nice gains today, not unexpectedly if you read yesterday’s blog entry.  There is a growing expectation that Greece will avoid a debt default.  Crude, silver, and gold were all up today.  The Dow Industrials picked … Continue reading

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6.20.11 – Hot, Hot, Hot!

The weather, that is, not the stock market.  DFW has had several weeks now of triple digit heat indexes and I tell you what, walking outside in a 30 mph hot wind will dry you out in no time flat. … Continue reading

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