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Monthly Archives: October 2011
10.28.11 – Home, Home On The Narrow Range
The stock market traded in a very narrow range today, with the Dow Industrials closing up 22 points at 12,231.11. The S&P 500 Index rose .04% but the Nasdaq Composite fell .o5%. Oil prices fell after a big gain yesterday, … Continue reading
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10.27.11 – When It Rains, It Pours
I remember when the market moving more than 25 points in a day was worthy of the lead story on the national news. Now, that wouldn’t even raise an eyebrow. News that European leaders agreed to expand a bailout fund … Continue reading
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10.26.11 – Where Have I Seen This Before?
Down 200 one day, up 160 the next. Sound familiar? We went though this two weeks ago. Today the Dow Industrials gained 162 points to close at 11,869.04. The S&P 500 Index rose 1.05% and the Nasdaq Composite was up … Continue reading
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10.25.11 – Swing, Battuh, Battuh…
Hasn’t this been a great World Series? Of course, I’m rooting for the St. Louis Cardinals, but win or lose it’s been some great baseball. Even phenoms like Albert Pujols swing and miss, however, and that’s what the market did … Continue reading
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10.24.11- Has The Tide Turned?
Mebbe. The major equity indexes have broken out above consolidation highs set the past few months. Today the Dow Industrials tacked on an additional 104 points to close at 11,913.62. Volume was a little below average as the index approaches … Continue reading
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10.19.11 – Happy Anniversary?
Does today’s date ring a bell? It’s the 24th anniversary of the 1987 stock market crash. I was a rookie in the business back then, still wet behind the ears, but I remember it well. We stood around staring at … Continue reading
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10.18.11 – Up The Down Staircase?
So much for yesterday’s sell-off. Reports that Germany and France will throw more money into the pot to rescue the rest of Europe boosted equity markets worldwide and sparked a 180 point advance in the Dow Industrials to 11,577.05. The … Continue reading
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10.17.11 – Here We Go Again
Well, it was nice while it lasted. Last week’s action sent the equity indexes up 5% or so but today the Dow Industrials fell almost 247 points to close at 11,397.68. Volume was below average. The S&P 500 Index dropped … Continue reading
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