Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Wednesday, June 14, 2006

Rally on Three! Rally on Three! Rally, Rally....

Wall Street was saved from its negative innings today by a last-hour rally. Despite the higher-than-expected consumer report, the Dow rose more than 100 points to 10816.92. After several days of a last-hour downward slope, the opposite was true today. Much of the gain was due to Boeing, climbing 6.5% after being upgraded to "inline" from "underperform" by Goldman Sachs. Intel and Microsoft were also both up, with market analysts calling today a "stable" day. I'm glad - we could use a little stability right now! DJIA: +110.78 Nasdaq: +13.53 S&P 500: +6.35