Friends Today marks the 3 year anniversary of the market bottom that was put in back on March 9th, 2009. Since then, the Dow Jones Industrial Average has risen 97%. After the debacle of 2008 and early 2009, it has been quite a climb back. Also, one year ago today,...

Friends As we wait with baited breath to see if the Greek bond swap deal goes through (to determine if they are bankrupt today or next month), stocks had a second good day after Tuesday’s shellacking. For the day the Dow Jones Industrial Average was up 70 points to...

Friends The only major economic news today was Apple’s new iPad rollout and the ADP employment number which came in as expected with around 215,000 new jobs for February. Perhaps this sets the tone for Friday’s government employment number. Stocks bounced back some...

Friends After last year’s volatility, we had gotten through more than two months of trading this year without a down day of more than 100 Dow points. Today finally ended that streak. With worries that the bond swap deal in Greece may fall short of the amount needed to...

Friends Another day that could have been much worse, ends up being nothing more than a minor nuisance to the bulls. For the day, the Dow Jones Industrial Average, after being down nearly 90 points early in the morning, finished with a loss of 14 points to close at...

Friends Today was a very quiet day in the markets with a slight downward bias. As we dance around the 1370 in the S&P, traders seem undecided as to which way we are heading next. In the meantime, there was no market moving news to deal with and for the day, the Dow...

Friends Once again, we had a lot of news today, but a mixed reaction among markets. Along with a nice weekly jobless claims number (351,000) and a “so-so” personal spending number (.2%), we got surprisingly strong retail sales numbers from many of the nation’s largest...