Investors tried to digest more than one kind turkey

| November 26, 2011

I not the only one with indigestion … and it isn’t from the Thanksgiving day eating or the leftovers (or even the Black Friday frenzy) … but the crushing financial markets that have haunted investors since Halloween.  The Dow Jones Industrial Average has turned in its “worst Thanksgiving week performance since markets began observing the [...]

Equity and Gold investors had a good reason to smile in 2010

| December 31, 2010

It has been a positive year for those brave enough to stomach the stock market and remain bullish as the DJIA closed the year at 11,578 (up $7.80 today). The year was far from a gentle, but still up except for the sudden and steep downturn prior to summer. In fact, hindsight says you would [...]

Dow Jones Industrial Average crosses the 11,000 mark

| October 8, 2010

Just before the “flash crash” computerized enhanced market tumble in early May, the DOW had crossed 11,000 … which was the last high water mark until today. The psychological hurdle was crossed most likely due to optimistic news that the November elections could help reel in some of the out of control spending and growth [...]

Strong technology pushed the stock market higher

| June 15, 2010

After dipping below the 10,000 mark for early June, the Dow Jones Industrial Average soared 213.88 points, or 2.10%, to 10404.77 today breaking out of the closely watched 200-day moving average. The S&P 500 was also up 2.35% seeing every sector moving in the up direction. The biggest gains 2.76% were over at the Nasdaq, [...]

Ok, so it does get uglier: DJIA closes at 6726

| March 3, 2009

I’ll keep this post short since my mood is the same; the markets tried to find a reason to bounce after loosing 299 point on the DJIA yesterday, but traders and investors would have none of it. The averages did cross yesterday’s ‘ugly’ close a couple time throughout trading on Tuesday, but in the end [...]

It doesn’t get much uglier than this: DJIA 6763

| March 2, 2009

WSJ Online Here’s a bright thought:  if, scratch that, when …  the economy rebounds, it most likely will rise quickly from the shocking lows we are currently seeing. The dark side is that this selloff doesn’t seem to be finding a bottom and there aren’t many confident traders ready buy stocks again. Today’s news from [...]

DJIA only 25 points above November 2008 intraday low

| February 19, 2009

Traders saw most stocks fall on Thursday, putting the Dow Jones Industrial Average back on a bear-market closing low track. The financial sector continued to decline and there was little desire by investors to  buy equities with the gloomy economic data.

Markets shift gears and DJIA rebounds 936

| October 13, 2008

The traders on Wall Street had a busy day today as they put a few dollars back to work after the huge selling last week. The record day was the biggest single day more for the stock market in history, or at least since the Great Depression. The Dow Jones Industrials (3 day chart above) [...]

Financial Markets reflect economic fears in America

| October 6, 2008

The financial crisis is rippling around the world and that fear is being reflected on Wall Street as the DJIA dropped a full 800 points during trading on Monday, although recovered somewhat to close off only 370 points at 9955.50. Almost all stocks took a beating again today shrinking all who invest for college or [...]

Desultory - des-uhl-tawr-ee, -tohr-ee

  1. lacking in consistency, constancy, or visible order, disconnected; fitful: desultory conversation.
  2. digressing from or unconnected with the main subject; random: a desultory remark.