Sunday, May 30, 2010

traveling & volatility

Volatility rules the day. Traveling last day of this week, missed more double and triple digits move in the major indices. Out of town all this upcoming week, a short one with the holiday tomorrow. Enjoy the kick-off to summer.

DJIA 10,136.63 -122.36

NASDAQ 2,257.04 -20.64

SP500 1,089.41 -13.65

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Monday, May 24, 2010

more 'downward pressure'

The sell-off continues. Investors and traders are taking profits in equities, commodities, currencies, you name it and they are selling it. Getting out of positions and putting on their shorts.

Oil has pulled back due to the Euro hangover. Seems everyone is quick to blame Europe and sovereign debt as the reason for pretty much anything these days.

DJIA 10,066.57 -126.82

NASDAQ 2,213.55 -15.49

SP500 1,073.65 -14.04

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Sunday, May 09, 2010

wild wild week

so the dow drops more than 900 points in 1 day and everyone is pointing fingers. The nasadaq has officially pulled back over 10% and we are now in a 'correction' - we'll have to see how far this things goes.

Was it Greece, an errant fat finger, warring exchanges or a combination of a few factors?

DJIA 10,380.43 -139.89

NASDAQ 2,265.64 -54.00

SP500 1,110.88 -17.27

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