Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Thursday, August 27, 2009

Thursday

Today, stocks did turn positive as decent demand for 7 year Treasury notes lifted sentiment. Thursday marked the 8th straight day of gains. We haven't seen a streak like this since April 10, 2007. Earlier today, stocks were in the red and weighed down by the energy sector because of a drop in oil futures. We managed to eke out some tiny gains because of a rally in Boeing. Boeing increased 8.4% today on news that they would launch the 787 before the end of the year. So, as we can see, today was a fairly good day in the markets. DJIA +37.11 S&P 500 +2.86 NASDAQ +3.30