Today was all about gasoline prices and car manufacturers. Hmmm... I think there's a connection. Exxon posted its best profits yet. Imagine that! I'm paying record prices at the pump, and Exxon is making a killing on the bottom line. GM may get some help with their money woes from Citigroup. The buzz is driving the stock higher, causing investors to breathe a sigh of relief. The end result of all this activity is, basically, a flat market. Oil prices for the day? Over $70 per barrel. Go Exxon!
Dow -7.29
NASDAQ +2.55
S&P 500 +1.48
Independent, Fee-Only Financial Advisor
Monday, January 30, 2006
Heading Into February
Today was all about gasoline prices and car manufacturers. Hmmm... I think there's a connection. Exxon posted its best profits yet. Imagine that! I'm paying record prices at the pump, and Exxon is making a killing on the bottom line. GM may get some help with their money woes from Citigroup. The buzz is driving the stock higher, causing investors to breathe a sigh of relief. The end result of all this activity is, basically, a flat market. Oil prices for the day? Over $70 per barrel. Go Exxon!
Dow -7.29
NASDAQ +2.55
S&P 500 +1.48
