Archive for the 'Investing' Category

Dow Hits 10,000 Points Again in My Dream

First of all, this was all a dream.
I checked some of my stock tickers on Yahoo! Finance and I noticed that most of the stocks had gone up 100%. XLF and all the major indexes had gone up a tremendous amount. My portfolio must have increased 50%.
I check the front page of Yahoo! Finance and [...]

Saturday, December 20th, 2008

Dow Drops 220 Points

Dow 8,604.99 -219.35 -2.49%
Nasdaq 1,552.37 -26.94 -1.71%
S&P 500 885.28 -19.14 -2.12%
It looks like Dow hit some really hard resistance. The market seems to have change direction and is heading back down again. Stocks finish lower amid lingering economic fears.

Thursday, December 18th, 2008

Dow Drops 100 Points

Dow 8,824.34 -99.80 -1.12%
Nasdaq 1,579.31 -10.58 -0.67%
S&P 500 904.42 -8.76 -0.96%
The Dow was down 100 points on Wednesday. Yesterday the market closed on the green side. It looks like the market is trying to push higher but is hitting resistance. Let’s see how the rest of the week turns out.

Wednesday, December 17th, 2008

Dow Rises 360 Points

Dow 8,924.14 +359.61 +4.20%
Nasdaq 1,589.89 +81.55 +5.41%
S&P 500 913.18 +44.61 +5.14%
Fed cuts key interest rate to near zero

Tuesday, December 16th, 2008

Weekend Links Roundup

How to Construct Your Financial Network Map
This is pretty interesting article from Blueprint for Financial Prosperity. The financial network map allows you to see how your financial accounts are inter-connected to one another. For example, a savings account may be linked to a checking account which may be linked to a credit card account. I [...]

Monday, December 15th, 2008

Dow Sinks Almost 200 Points

Dow 8,565.09 -196.33 -2.24%
Nasdaq 1,507.88 -57.60 -3.68%
S&P 500 873.59 -25.65 -2.85%
The auto bailout is not looking good. Friday may be a rough day for the markets.

Thursday, December 11th, 2008

Dow Drops 243 Points

Dow 8,691.33 -242.85 -2.72%
Nasdaq 1,547.34 -24.40 -1.55%
S&P 500 888.67 -21.03 -2.31%
Dow drops 243 points after a two days of rally. The auto industry see good news with $15B bailout money.

Tuesday, December 9th, 2008

Stock Market Ends Positive

Dow 8,934.18 +298.76 +3.46%
Nasdaq 1,571.74 +62.43 +4.14%
S&P 500 909.70 0.00 0.00%
World markets surge on Obama’s spending pledge

Monday, December 8th, 2008

Dow Dropped A Big 680 Points Today

Dow 8,149.09 -679.95 -7.70%
Nasdaq 1,398.07 -137.50 -8.95%
S&P 500 816.21 -80.03 -8.93%
Despite the major rally last week, I advised caution in almost all my posts. We can see clearly see that we are still in a bear market and one day can wipe out much of the gains we had from last week. It does [...]

Monday, December 1st, 2008

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 [...]

Thursday, November 27th, 2008