Rental Property Update – November 2008
This post is about my rental property in Philadelphia. In this post, I talk about my landlord experience – the good, the bad, and the ugly. All my posts that are related to the rental property can be found in the Rental Property section, including the bad tenant saga series).
Dealing with bad tenants can cause [...]
Dow Closed Positive on Black Friday
Dow 8,829.04 +102.43 +1.17%
Nasdaq 1,535.57 +3.47 +0.23%
S&P 500 896.24 +8.56 +0.96%
The Dow closed positive for the fifth consecutive trading day. Five trading days ago, on November 20, the Dow closed at 7,552, and today, on November 28, the Dow closed at 8,829, a whopping gain of 17%!! What does this mean? Should we start [...]
Mortgage Crisis Not Over
Even though the last four days have been very positive in the stock market, we are still far from the end of the mortgage crisis. If you do short-term trades in the stock market, continue to trade with caution. If you invest for the long term, continue to be patient. If you are new to [...]
Dow Up For The Fourth Day
Dow 8,726.61 +247.14 +2.91%
Nasdaq 1,532.10 +67.37 +4.60%
S&P 500 887.68 +30.29 +3.53%
The Dow and S&P500 closed positive for the fourth consecutive trading days. I hope we can keep this momentum and turn the trend to the upside. We will have to see what Friday brings to the market.
Dow Up For The Third Day
Dow 8,479.47 +36.08 +0.43%
Nasdaq 1,464.73 -7.29 -0.50%
S&P 500 857.39 +5.58 +0.66%
Wall Street extends Dow’s rally to third day. I hope we can close positive for this week.
Dow Goes Up Nearly 400 Points
Dow 8,443.39 +396.97 +4.93%
Nasdaq 1,472.02 +87.67 +6.33%
S&P 500 851.81 +51.78 +6.47%
It is good to see another positive day in the market. I can only hope this rally will hold, as the previous ones were wiped out faster than you can say the word “rally.” We will have to see how well the market performs [...]
Dow Drops 445 Points
Dow 7,552.29 -444.99 -5.28%
Nasdaq 1,316.12 -70.30 -5.07%
S&P 500 752.44 -54.14 -6.71%
The three major indexes continue to fall and does not seem to hit anywhere near the bottom. It is difficult to predict how much lower we will go before the market turns around, but for now, the downtrend is very strong. Financial stocks took [...]
Dow Drops Below 8,000
Dow 7,997.28 -427.47 -5.07%
Nasdaq 1,386.42 -96.85 -6.53%
S&P 500 806.58 -52.54 -6.12%
I am not surprised, the Dow drops again! And now the Dow is below 8,000 mark. I think we see enough red ticks already. Where is the rebound?
Dow Closed Higher
Dow 8,424.75 +151.17 +1.83%
Nasdaq 1,483.27 +1.22 +0.08%
S&P 500 859.12 +8.37 +0.98%
The markets were choppy today, but at least, they closed positive. There is nothing to be excited about. There are more down days than up days in the stocks market. The future does not look so bright. More news of job cuts are expected.
Citigroup Cuts More Than 50,000 Jobs
Citigroup is planning to cut more than 50,000 jobs. This will cause the unemployment rate to go even higher.
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