Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Thursday, July 21, 2005

Thunderstorms

Wednesday ended with stocks sliding after several days of stellar gains. Microsoft's earnings increased a whopping 38%, while Google's nearly tripled. Sounds good to me, right? But Wall Street spent the day giving back (about 1/2%). My day ended with stormclouds rolling through, strong enough to knock out the computer and turn off the lights. On the international front, the Chinese are causing a few storms with their monetary policy. Dow -61.38 NASDAQ -9.97 S&P 500 -8.16