Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Thursday, January 19, 2006

A Rebound Day

The markets recovered beautifully from yesterday's slump. The Nikkei 225 had a surprising jump of 2.3% that was threatened to be cut short again today due to another influx of orders. Motorola's profits jumped 86% due to their huge success with the incredibly sheek Razr phones. These new cell phones have all the bells and whistles and are ultra-thin (easy to lose, right?). Nokia also reported sky-high profits for last quarter, bringing it in a close second to Motorola. It was a good day on the market, a welcome relief to yesterday's scare from Tokyo. I'm glad to finally see some green this week! DOW: +25.85 Nasdaq: +22.17 S&P 500: +7.11