Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Monday, April 03, 2006

April Showers

It was a bumpy night for many folks last night as tornadoes ripped through Arkansas and Tennessee. One hit just 30 miles from my in-laws. Judging by the pictures, it was a scary night. We heard some rumbles during the night, but got little rain out of the deal. It's that time for April showers. Markets gave away the early morning gains. The Dow was up over 1% before things cooled down to a modest rally. GM is selling its majority stake in GMAC, which helped trading today. Wal Mart, according to the Fortune 500, is a has-been. The new king of the hill? Exxon. Dow +35.62 NASDAQ -3.05 S&P 500 +2.98