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Is the recession really over?

Is the recession really over?

On September 15th Ben Bernanke said that the recession is basically over in a statement that rang so loudly, the stock market shot up like a weed after a rainstorm. Well, it was just over half a percentage point for the Dow today, but up …

Economic Optimism

Economic Optimism

Word got around that the economy was showing the signs of revival. The optimism of the experts has quickly been reflected in the buying patterns of investors and the economy is beaming. Yesterday, the Dow Jones industrial average was at a 235 point high, the …

Stocks end a little higher today thanks to an agreement on the stimulus bill

The politicians in Washington have made some progress today and agreed on the stimulus bill. Wall Street has basically moved with every little bit of news coming out of Washington dealing with the bill. The bill could mean millions of new jobs and funding for …

Stocks traded slightly up on Christmas Eve

Santa brought a little gift to investors on Christmas eve; an end to the five day losing streak in the market.
Christmas Eve is a quiet trading day on Wall Street, but it was enough to increase the Dow Jones Industrial average by half a point. …

Stocks jump 11%, yes in American markets, today!

Finally, some good news out of Wall Street! Today the Dow Jones Industrial average jumped 900 points, or 11%. Investors are expecting a rate cut from the Fed later in the week and caused a buying frenzy in the last hour of trading …