Archives for January 2007
The Dow finished up 32.53 and he Nasdaq up 7.55 points today. This is a strong start to the week after the losses accumulated last week. In tech news, AMD released another of its Dual Core processors, the X2 5600. This processor was slated to be released back in November, but AMD […]
The Dow and the Nasdaq were both down roughly .65% for the week. As the week progressed and worsened based on 4th quarter postings, the markets could not decide what to do. Also fueling the fire was a housing market report, which showed a slow down in the housing market. December was […]
A Certificate of Deposit, or CD, is an investment that you can make at any bank or credit union. They work on a fixed amount of time, with a fixed amount of interest. Banks then use your investment to offer loans. Usually the loan interest rate is greater than the interest rate […]
Both crude oil and the markets suffered losses today. Oil dropped to $50.28 in midday trading, then settled at $51.12/barrel. The Down lost 9, while the NASDAQ was down 36. Oil is being driven down by mutual funds and eager investors determined to make it reach the $50 mark. Stocks to […]
Crude oil dropped to a low not seen in 20 months, thanks in part to statements made by Saudi Arabia’s Oil Minister. Ali al-Naimi said “We took measures in October in Doha and measures in Abuja (in December) and I believe these measures are working well. Inventories in the fourth quarter have come down […]
After looking at how the stock markets, the housing market, retail sales, and the trade balance have functioned over the last week, economists have started to upgrade the outlook for the economy for this year. Some of the latest data showed that December added almost 170,000 jobs, keeping unemployment at a low 4.5%. […]
So the time of year is coming when you will be needing to file your tax return and hope for a refund. If you get a refund, just exactly what are you supposed to do with it? Spend it, pay off bills, or invest it? These are just a few options. First, you shouldn’t spend […]
I have heard lots of people ask “What is the best investment in 2007?” Well, it is really hard to say that because of all the different factors that weigh into the investment world. However, there are some simple things to do to receive good returns on your investments. For example, Start […]
Microsoft is riding the wave that its new operating system “Vista” is producing. Microsoft was the top producer for the second straight day among the tech market. The Dow closed strong, up 41.10 points to 12,556.08. The Nasdaq finished up another 17.97, while the S&P finished up 6.91. This soar in […]
After a dismal first week of trading in the new year, the market is on track to set new records for the first week. The Dow is up over 33 points at midday, while the Nasdaq was up 13, and the S&P 500 up 6. On the tech side, XBOX 360 still had […]