Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Tuesday, August 18, 2009

Tuesday

Today we saw some upbeat in bank stocks and favorable earnings reports from retailers that helped the market stage a partial rebound! Several big companies helped the markets today, as well. We saw a 3.1% rise in Home Depot which was from a smaller-than-expected decline in earnings. We also caught wind that American Express, Target, and Saks had a smaller decline in profits. Investors are saying that consumer sentiment is really not as bad as we have been hearing. Today continues to give me hope! DJIA +82.6 S&P 500 +9.94 NASDAQ +25.08