Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Monday, November 07, 2005

Counting Our Blessings

The market ended on another good note today. After such a positive week last week, I was only too glad to see green again today. Investors seem to think things will only get better. The Dow rose 55.47 points despite a drop in energy prices that sent crude below $60 a barrel. Treasurey bonds rose, and the dollar strengthened against the euro, hitting an 18-month high. We have the rates-increase from the Fed to thank for this, as rates overseas are stagnant. DJIA: +55.47 Nasdaq: +8.81 S&P 500: +2.67