Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Monday, August 20, 2007

Calm Monday

Trading was somewhat calm by recent standards, as a majority of investors are trying to decipher Friday's move. The Dow gained .32% today, though it is not much of a change, I am glad to see another gain. Central banks continued to pump liquidity into the markets, which will hopefully bring more stability. Crude-oil prices fell 86 cents to $71.12 a barrel, lets hope hurricane Dean does not cause much damage to this sector. DJIA +42.27 Nasdaq +3.56 S&P 500 -.39