Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Friday, January 12, 2007

Friday report

Markets ended the week on an up note. As oil prices have fallen during the week, stock prices have risen. I don't understand how oil can drop, but I still pay high prices at the pump! We are below pre-Katrina levels. This is adding fuel to the fire of the stock market rise. How low can they go? Or maybe the question is how long will they stay at this level? China is still forging ahead with double digit growth. We're still eating up our fair share of energy. Hmmm... I STILL may need to consider a hybrid.
Dow +40.13 NASDAQ +17.97 S&P 500 +6.91