Archive for the 'Uncategorized' Category

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 [...]

Friday, November 28th, 2008

Stocks Head For Lower Open

Futures
DJIA INDEX -138.00
S&P 500 -18.10
NASDAQ 100 -34.00
The index futures indicates another sell off today.

Thursday, November 6th, 2008

High Risks Can Equal High Returns

High Risks Can Equal High Returns
Some industries make their money in high risk areas, like the cash advance industry. The idea behind taking on borrowers who may not be able to get a loan elsewhere, either because of a poor credit score or insufficient assets, is to provide a high risk service in return for [...]

Tuesday, August 26th, 2008

Cash Advances: Quick Money in a Hurry

With the economy in the state that it is these days, money has been tight all over the place. More and more people are finding themselves with money troubles. When times get tough, people turn to alternative methods to be able to make ends meet. One of the most popular of these is the cash [...]

Tuesday, May 13th, 2008

Rate Cut Party Continues
Sep 19 - U.S. stocks rallied for the second straight day after the Federal Reserve’s surprise half-point rate cut.

Wednesday, September 19th, 2007

Oil Sets $80 Record
Sep 12 - Crude oil prices temporarily topped $80 in New York for the first time on record after a sharp drawdown in U.S. inventories sparked supply concerns.

Thursday, September 13th, 2007

Wall St. Smells A Rate Cut
Sep 11 - Rate cut hopes plus strong corporate news equaled a rise in stock prices on Tuesday, the sixth anniversary of the Sept. 11 attacks.The blue-chip Dow rose 180 points to 13,308. The broader S&P 500 rose 19 points to 1,471. The tech-based Nasdaq tacked on 38 points to [...]

Wednesday, September 12th, 2007

Bush, Bernanke Give Markets A Push
Aug. 31 - Wall Street finished the week on an upswing after President George W. Bush and Federal Reserve Chairman Ben Bernanke reassured investors they will act to contain the subprime problem. The Dow rallied 119 points to 13,357. The S&P 500 rose 16 points to 1,473. The Nasdaq gained [...]

Friday, August 31st, 2007

Techs Edge Higher Ahead of Bernanke
Aug. 30 - Technology stocks nudged higher, but the rest of the market languished as traders await a key Friday speech from Federal Reserve chairman Ben Bernanke. The Dow lost 50 points to 13,238. The S&P 500 dipped 6 points 1,457. The Nasdaq rose 2 points to 2,565.

Thursday, August 30th, 2007

Stocks Rally 2%; Apple Shines
Aug 29 - U.S. stocks enjoyed broad-based gains on Wednesday as investors went on a shopping spree and speculation about a product announcement from Apple boosted tech stocks.The Dow rallied 247 points to 13,289. The S&P 500 rose 31 points to 1,463. The Nasdaq gained 62 points to 2,563. Crude oil [...]

Wednesday, August 29th, 2007