Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Thursday, July 28, 2005

How High?

While the Dow continued its climb to make a 4 month high, the broader index of the S&P 500 and the tech-laden index of NASDAQ hit 4 YEAR highs! What a stellar day. Business continues to blossom. Interest rates are still, relatively, low, and inflation appears in check. Maybe I should hold my breath, cause I'm afraid to relax too much! Dow +68.46 NASDAQ +12.22 S&P 500 +6.93

Wednesday, July 27, 2005

Can You Hear Me Now?

Sprint posted great earnings on its wireless business, as technology continues its roll. Markets responded positively to this news, as well as news that inflation appears to be staying in hiding. Gains were in the 1/2% range again. Hey, if we can get 1/2% every day, WOW, what a year! Don't count on this every day. Dow +57.32 (0.53%) NASDAQ +10.23 (0.47%) S&P 500 +5.63 (0.45%)

Tuesday, July 26, 2005

A Day Late...

It's Tuesday, but it feels like Monday to me. This week is busy, busy. I'm preparing to move my office, and the details are killing me! Phone numbers, internet service, moving vans... so many things to attend to, all the while keeping up with Wall Street. The Dow gave back today, sliding slightly, while NASDAQ gained almost 1/2 %. This was on the news that several tech companies reported good numbers. Verizon, Motorola, and Texas Instruments all posted nice increases and indicated the ball will keep on rolling. Dow -16.71 NASDAQ +9.25 S&P 500 +2.13

Friday, July 22, 2005

Finally Friday

Oil (yes, I'm mentioning oil again) closed at 58.65 this afternoon. That's up 1.52 a barrel. Despite this increase, Exxon was a big mover today. Other than that news, all was pretty quite today on Wall Street. Chalk it up to just another sleepy summer afternoon. DOW +23.41 NASDAQ +1.14 S&P 500 +6.64

Thursday, July 21, 2005

Thunderstorms

Wednesday ended with stocks sliding after several days of stellar gains. Microsoft's earnings increased a whopping 38%, while Google's nearly tripled. Sounds good to me, right? But Wall Street spent the day giving back (about 1/2%). My day ended with stormclouds rolling through, strong enough to knock out the computer and turn off the lights. On the international front, the Chinese are causing a few storms with their monetary policy. Dow -61.38 NASDAQ -9.97 S&P 500 -8.16