Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Wednesday, October 18, 2006

Are We There Yet?

The Dow recovered from yesterday's fall, ending more than 40 points higher today, and less than ten points shy of 12000. Its so close, investors can taste it! Apple's net soared, thanks to a 35% increase in iPod shipments and sales of the new Mac computers. Ebay's profit rose 10% as a result of a lower tax rate that has helped in several areas. The Nasdaq was weighed down by Yahoo after the company posted disappointing earnings. DJIA: +42.66 Nasdaq: -7.80 S&P 500: +1.91