It's the day before the 4th, and it seems we are the only ones working. The lawyers next door are nowhere to be seen... unusual for them to grant a long weekend to their staff. Even the traffic at lunch was light. We just got back from the beach, but I think everyone else is just now heading that way.
It was a short day on Wall Street, with markets closing about noon our time. Despite more bad news from GM, all indexes posted gains in the 3/4% range. GM and Nissan may join up-- say it ain't so! Who could have imagined Detroit would buckle and need a hand(out) from the Japanese? Stranger still, while markets have been topsy turvy this quarter, the best returning stock has been GM, up over 50% for the year. It pays to bargain shop! Happy 4th!!
Dow +77.80
NASDAQ +18.34
S&P 500 +9.99
Independent, Fee-Only Financial Advisor
Monday, July 03, 2006
Quiet Monday
It's the day before the 4th, and it seems we are the only ones working. The lawyers next door are nowhere to be seen... unusual for them to grant a long weekend to their staff. Even the traffic at lunch was light. We just got back from the beach, but I think everyone else is just now heading that way.
It was a short day on Wall Street, with markets closing about noon our time. Despite more bad news from GM, all indexes posted gains in the 3/4% range. GM and Nissan may join up-- say it ain't so! Who could have imagined Detroit would buckle and need a hand(out) from the Japanese? Stranger still, while markets have been topsy turvy this quarter, the best returning stock has been GM, up over 50% for the year. It pays to bargain shop! Happy 4th!!
Dow +77.80
NASDAQ +18.34
S&P 500 +9.99
