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Breaking the 11000 barrier – The Dow is back

The Dow ended slightly up after a wavy day which, despite strengthening signals, is a good indicator of how delicate the current economic balance is. So what is the problem? Lack of affirmation and distict milestones. Checking the live stats on the markets keeps giving a sense of living on the edge. Although the “financial [...]

Dow Live Report week starts wednessday

Posted in After the Bell

The week starts with a sideways crawl as investors await a number of reports coming in starting this wednessday. My take on this is that they may be weaker than expected. Time will tell. On another note, AIG pushed financial shares higher on having closed a deal to let MetLife Inc aquire Alico for 15.5 [...]

Asia down oil up and Bernanke in congress

The Dow and most markets have a faltering week as continued signals of recessive difficulties come to light. Tuesday saw Dow Jones Index be a bit stronger with a drop in barely 1 percent compared to S&P500 and Nasdaq stepping down around 1.3 percent. Closing at 10.282 on Tuesday, The Dow remains close to the [...]