Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Thursday, December 01, 2005

On the First Day of Christmas!

It's December 1st, and it's feeling like Christmas on Wall Street. The markets took off today, as stocks responded to good news on the inflation front. Retailers managed a modest start to the season, and consumers seem prepared to celebrate. Large-caps gained about 1% on the day, while the technology-laden NASDAQ pulled off about a 1.5% gain. This makes me so happy I want to sing. In fact, if you're in the mood for a few Christmas carols, try http://www.christmasgifts.com/music.html. Pick your favorite carol and enjoy. Let's hope this trend on Wall Street continues. Maybe, Scrooge won't appear this year! Dow +106.70 NASDAQ +34.35 S&P 500 +15.19