stock market commentary

Stock Market Commentary for 9/2/08

Mon, 01 Sep 2008 12:12:03 -0500

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 Thursday, so we finished the week down only 0.7% from where we began on Monday.

Stock Market Commentary for 8/25/08

Mon, 25 Aug 2008 00:00:20 -0500

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 Friday. Crude oil prices moved in the reverse order, finishing with a drop of about 5 dollars back to 114 dollars a barrel on Friday.

Stock Market Commentary for 7/11/08

Thu, 10 Jul 2008 23:51:56 -0500

Thursday, US equities rebounded slightly after the 236-point decline of the DJIA on Wednesday. Many oil stocks strengthened as crude oil futures soared back to 142 dollars a barrel on the heels of repeated missile tests by Iran.

Stock Market Commentary for 7/7/08

Sat, 05 Jul 2008 16:05:49 -0500

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 4/28/08

Sun, 27 Apr 2008 00:21:22 -0500

This past week was another challenging sequence of trading sessions for investors. Consumer confidence came in around 62, at its lowest level in 26 years, and the Royal Bank of Scotland suffered an 11 billion dollar writedown due to the US subprime mortgage crisis.

Stock Market Commentary for 4/22/08

Tue, 22 Apr 2008 01:15:44 -0500

Monday major equity indices finished mixed, but this could also be viewed positively considering last week's stellar advances, and considering the surprise earnings shortfall reported by Bank of America before the market opened.

Stock Market Commentary for 4/15/08

Tue, 15 Apr 2008 02:00:36 -0500

Recent market gyrations have been unsettling to say the least. Word of disappointing earnings from the major blue chip stock, GE, brought a 13% loss of its capitalization in one day and the negative effect spilled over into other market sectors.

Stock Market Commentary for 4/7/08

Mon, 07 Apr 2008 00:04:24 -0500

In spite of many systemic problems encountered over the past weeks, our equity markets appear to have strengthened significantly. Even most recent word on Friday of 80,000 jobs lost did not seem to dampen renewed enthusiasm for stocks.

Stock Market Commentary for 3/21/08

Fri, 21 Mar 2008 02:41:30 -0500

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 next it is up 200 points again. Thursday the DJIA finished up 261 points, but that may just portend another down day for Friday.

Stock Market Commentary for 3/17/08

Mon, 17 Mar 2008 01:57:03 -0500

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 points for Monday's open.