Monday’s huge market sell-off pushed stocks to levels we haven’t seen since 1997. The selling early this week, along with the bounce that took place in Wednesday’s session, has many people wondering if we have just seen the capitulation sell-off that Wall Street has been hoping will occur. […]
Monday’s huge market sell-off pushed stocks to levels we haven’t seen since 1997. The selling early this week, along with the bounce that took place in Wednesday’s session, has many people wondering if we have just seen the capitulation sell-off that Wall Street has been hoping will occur.
[…]
Monday’s huge market sell-off pushed stocks to levels we haven’t seen since 1997. The selling early this week, along with the bounce that took place in Wednesday’s session, has many people wondering if we have just seen the capitulation sell-off that Wall Street has been hoping will occur. […]
The bulls saw a glimmer of hope in Tuesday’s trading session, with the major averages enjoying one of their best days in a very long time. Tuesday’s bounce came courtesy of Federal Reserve Chairman Ben Bernanke, who said that our nation’s banks would not be nationalized and that we could be out of this recession by the fourth quarter of 2009 — if all goes right. […]
The bulls saw a glimmer of hope in Tuesday’s trading session, with the major averages enjoying one of their best days in a very long time. Tuesday’s bounce came courtesy of Federal Reserve Chairman Ben Bernanke, who said that our nation’s banks would not be nationalized and that we could be out of this recession by the fourth quarter of 2009 — if all goes right. […]
The bulls saw a glimmer of hope in Tuesday’s trading session, with the major averages enjoying one of their best days in a very long time. Tuesday’s bounce came courtesy of Federal Reserve Chairman Ben Bernanke, who said that our nation’s banks would not be nationalized and that we could be out of this recession by the fourth quarter of 2009 — if all goes right.
[…]
Dow Jones Industrial Average closing value, November 4, 2008: 9,625
Dow Jones Industrial Average closing value, February 17, 2009: 7,553
On Tuesday, President Obama signed unprecedented bailout legislation into law. The $787 billion “rescue” package is intended to create jobs and jumpstart the ailing U.S. economy. Whether the plan has its intended effect, only time will tell; however, one effect we all can agree on is that since Election Day, the market hasn’t been very bullish on Obama. […]
Dow Jones Industrial Average closing value, November 4, 2008: 9,625 Dow Jones Industrial Average closing value, February 17, 2009: 7,553 On Tuesday, President Obama signed unprecedented bailout legislation into law. The $787 billion "rescue" package is intended to create jobs and jumpstart the ailing U.S. economy. Whether the plan has its intended effect, only time will tell; however, one effect we all can agree on is that since Election Day, the market hasn’t been very bullish on Obama.
[…]
I love to visit old friends from time to time, but the market seems as though it wants to visit one old "friend" that isn’t too hospitable. That friend is the S&P 500 Index 800, and it’s a level that seems much closer to reality than the friendly S&P 900.
[…]
I love to visit old friends from time to time, but the market seems as though it wants to visit one old “friend” that isn’t too hospitable. That friend is the S&P 500 Index 800, and it’s a level that seems much closer to reality than the friendly S&P 900. […]
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