Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Friday, July 30, 2010

Friday

Well, it's finally Friday, and the last trading session for July 2010 has just come to a close! The Dow closed in the red .01%, which puts the measure up 7.1% for the month - the first positive month for U.S. stocks since April and the best month since July of 2009. The gains have come as a strong set of second-quarter earnings provided a big source of encouragement to investors after they spent the majority of May and June worrying about euro-zone debt & China's growth rate. After the past two months, July was a breath of fresh air. Hopefully there will be many more months like it to come. DJIA -1.22 Nasdaq +3.01 S&P 500 +.07