Monthly Archives: July 2011

Fans of the first Star Trek series will always remember the monologue line from Captain Kirk (William Shatner): “To boldly go where no man has gone before.”  Well beam me up, Scotty…the United States of America is about to go … Continue reading →

Mr. Market spun his wheels today while waiting for Congress and the President to do their jobs.  The Dow Industrials couldn’t hold its morning gains and slid back into the red by the end of the day, closing down 62 … Continue reading →

My wife is knee-deep completing her staff’s evaluations this week and one of the categories they get judged on is what she terms (tongue in cheek), “plays well with others.”  Our illustrious elected officials should be glad they’re not being … Continue reading →

The action this week has been a down day followed by an up day followed by a down day followed by an up day.  Fortunately for the longs, the up days have been stronger than the down days.  The Dow … Continue reading →

Railroad buffs know all about the “2-8-0″.  For the rest of you, classifying steam locomotives by wheel arrangement was devised by Frederick Methvan Whyte and came into use in the early twentieth century.  Whyte’s system counts the number of leading … Continue reading →

The Dow gained a deuce today by jumping 202 points to close at 12,587.42 on better second-quarter earnings by Coke and IBM, along with a bipartisan plan to lift the debt limit.  Surprisingly, volume was a little below average.  The S&P … Continue reading →

Despite the threat of a sovereign credit downgrade of the United States by Moody’s and Standard & Poors, the Dow managed to gain 42 points to close at 12,479.31.  The S&P 500 Index rose .56% and the Nasdaq Composite added … Continue reading →

Hopefully, I’ll be back in action tomorrow.