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07-26-2010, 04:11 PM
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#1 |
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Grumpy Old Fart
Male 
Join Date: Nov 2005
Location: Sunshinny Florida
Posts: 15,684
CockyCash: 4751450   |
Stock Market 7-26-10
I've been tied up with lots of loose ends lately and haven't gotten to post much. Today is a good time to get us focused again though. We are back in the black today for the year!
Stocks advanced on light trading after a jump in new-home sales and enthusiasm over second-quarter earnings helped investors carry over last week's stock-market momentum. The Dow Jones Industrial Average finished up 100.81 points, or 0.97%, to 10525.43, climbing back into positive territory for the year. http://online.wsj.com/article/SB1000...o&mod=yahoo_hs
__________________
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07-26-2010, 09:58 PM
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#2 |
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Administrator
Male Join Date: Mar 2005
Location: Simpsonville, SC
Posts: 12,360
CockyCash: 109993 |
Re: Stock Market 7-26-10
It's a funny market. Earnings have been pretty good and the market seemed to ingore it for quite awhile. Revenue is also climbing, although not as much as some would hope.
The interesting thing is with the earnings, the SP is only at 20 which for current history is low. This thing could go a lot higher. |
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