Archive

Filter
  • June 23, 2009

The three major US stock indexes had a bumpy ride with only the S&P closing with gains. Read More

  • June 22, 2009

The three major US stock indexes closed the day on the downside as the World Bank said the recession will be deeper then previously predicted. The S&P was down the most in two months. Only the telecom services and utilities sectors are trading in the green. The financials, materials and energy sectors dropped the most this session. Read More

  • June 20, 2009

An old Wall Street saw holds that the most expensive words in investing are “it’s different this time.” I couldn't agree more; just ask anyone who bought into the “New Economy” tech bubble back in the late 1990s. I see no reason to fight the historical pattern and assume that this big shift in LEI won’t have the predictive power of prior cycles. Read More

  • June 18, 2009

The three major US stock indexes closed the day with mixed yet improved results, compared to yesterday. Read More

  • June 17, 2009

The three major US stock indexes closed the day with mixed results. The Nasdaq rose but the DJIA and S&P continued to fall. Read More