Even with the 4Q GDP report showing that the economy advanced 3.2% (up from 2.6% in the 3Q) the week ended on a decline as the unrest in Egypt caused investors to seek the safety of the U.S. Dollar and Treasuries. At this point, if Mubarak can stay.
Read more
Monthly Archives: January 2011
The 7 week winning streak is OVER…well, at least for the S&P 500!!
The gains we saw in the market on Friday were simply not enough to offset losses from earlier in the week, keeping the S&P 500 from reaching its 8th winning week in a row. The Dow Jones Industrial Average, however, was able to make it to an 8th.
Read more
“A double Polar Burger wit’ everything.”
“Uh, I'm not very hungry; just gimme a double Polar Burger wit' everything” John Travolta as Danny Zuko in Grease, 1978.
Last week the S&P 500 finished ‘up’ for the 7th week in a row thanks to the performance of the financial sector and a solid earnings report from.
Read more
