Although the DJIA finished up 73 points on Thursday's half day of trading, it was a devastating day for market-leading stocks.
Even high-flying oil service stocks suffered severe corrections in spite of record-high oil prices—a fact that is difficult to interpret.
Stock Market Commentary for 9/2/08
This past week was another volatile one for equity markets. Although the DJIA gave up 177 points on Friday, it had gained over 200 points on...
Stock Market Commentary for 8/25/08
This past week was highly eventful, with the DJIA losing about 400 points on Monday and Tuesday, but regaining about 300 points on Thursday and...
Stock Market Commentary for 4/7/08
In spite of many systemic problems encountered over the past weeks, our equity markets appear to have strengthened significantly. Even most recent...
Stock Market Commentary for 3/21/08
This week has certainly been a roller-coaster ride for US equities. One day the DJIA is up 400 points, but the next it is down 200 points, and the...
Stock Market Commentary for 3/17/08
Friday was yet another tumultuous down day for stocks. The DJIA gave up 195 points and our Viable Acquisitions Index fell from 150 points to 123...
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