Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Wednesday, February 08, 2006

Out of a Slump

Mid-week doldrums didn't exist for Wall Street today. Markets tacked on 1%, ending a three week dry spell. Pfizer announced a possible spin-off, helping its stock, and Cisco reported good earnings. Any losers? Well, GM is still struggling, despite their aggressive moves to stop the flow of red ink. An interesting note on the wireless side... Motorola has a phone that will also act as a credit card. Shhh... don't tell my daughter! Dow +108.86 NASDAQ +22.02 S&P 500 +10.87