Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Monday, August 07, 2006

Martha on Monday

Martha Stewart agreed to pay up on charges of insider trading. It's the end of her tale of woe. If you've been watching the tube lately, you'll notice this hasn't hurt her any! Oil headed north as the northern fields in Alaska were shut down by BP. Oh, no! Higher prices at the pump will follow. I guess it's a good thing vacation season is over, now that the kiddies have headed back to school. Large caps gave up slightly on the day, while techs dropped about 1/2%. Tomorrow is the big day for the Fed. Will they or won't they? Ladies and gentlemen, place your bets! Dow -20.97 NASDAQ -12.55 S&P 500 -3.59