All Posts Tagged With: "blue chip stocks"
Weak Labor Market and Slowing Retail Sales Put U.S. Stocks in a Tailspin
The U.S. markets took a beating yesterday (Thursday) as retail sales sputtered and jobless claims surged.
At the New York close, the blue-chip Dow Jones Industrial Average Index had posted a loss of 344.65 points (-2.99%), to trade at 11,188.23. The…
5Sep2008 | Money Morning | 0 comments | ContinuedIn Search of a Market Bottom: Position Yourself for Profits No Matter Which Way the Market Moves
In a Money Morning commentary back in April, I suggested that while we’d hit a new market bottom, we almost certainly hadn’t hit the market bottom.
So have we now?
That’s tough to say, although three seemingly unrelated bits of data suggest the…
15Jul2008 | Money Morning | 0 comments | Continued
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