Tag Archives: Dow Jones
One Way Traffic: Dow Plunges Below 8000
It is one way traffic: Dow Jones plunged below 8000, a first since 2003. There was a bear rally on Tuesday but it is a folly to be tempted by profits in all these technical rebounds. For those who are … Continue reading
Filed under Business, Economy, Stock Indices, Stocks
Worst Stock Market Crash Since 1937
This is not the time to write lengthy posts after the carnage we have witnessed in global stock markets. I believe nobody is in the mood to read market analysis. A picture speaks a thousand words. Just look at this … Continue reading
Filed under Stocks
Pick Up Blue-Chip Stocks Incrementally
Falling oil prices and the likely approval of a House bill to stabilize the collapsing residential properties sector cheered the market. Continue reading
Wall Street Post Consecutive Gains
Weakness in earnings by Google, Microsoft and AMD were reflected in their plummeting share prices. Only IBM outperformed expectations. Continue reading
Wall Street Forsake Financial Stocks
It was a punitive end to a roller-coaster week. Standard & Poor’s 500 index lost 1.1% while Nasdaq composite shed 0.8% to remain above March lows. Continue reading
Stock Markets Bearish Despite Tumbling Oil Prices
Regional markets performed strongly as well. But don’t get all excited just yet. A recovery depends very much on what surprises Wall Street have in store for us. Continue reading
Purchase Gold For Your Portfolio
With inflation spiraling out of control, purchasing gold for your portfolio sounds like a no-brainer but sometimes when investments become too simple, a lot of people hesitate to act. Continue reading
Oil Speculators Calling The Shots On Wall Street
I expected bearish sentiments in the stock market for this week because there is simply no good news on the horizon to spark a revival. Continue reading
