Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Tuesday, June 26, 2007

Deja vu

Stocks made another big upward effort Tuesday morning, but once again began to fall midafternoon and ended in the negative. Crude-oil futures were down $1.41 to $67.77 a barrel. Blackstone Group shares fell 5.2% to $30.75, below their $31 offering price, which is not a surprise to many analysts. Tuesday was almost a mirror image of Monday except for the much needed afternoon shower we received. DJIA -14.39 Nasdaq -2.92 S&P 500 -4.85