Investing Blog

Simply unreal. In another blog post I outlined a common trend in these bailouts where the bill fails and then magically the market falls and lawmakers vote again and of course pass the bill. This time around it was much different as today the Senate bill passed and Wall Street tanked to the tune of nearly 400 points on the dow. Read more…

TARP and Bailouts DJIA

Watching the Dow tick away nearly 240 points today shows how much weakness still exists in today’s market. Without huge positive news, the market is slowly falling into a sell-off powered by recent profit taking. After the Dow rallied for a week, investors were already pulling the trigger and cashing in, it seems like no one wants to hold onto US equities for longer than they have to. A modest week long rally comes to a close with a slide of 240 points. Read more…

Forex, Investing DJIA