CHESSNOID

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Stock market update-DOW closing in on 9,000 mark

The Asian stock markets are falling as an aftermath of the US markets falling dramatically and the threat of a global recession becomes more clear.  These are bigger drops than the previous days and the downward momentum seems to be building. An AP article states:
After a miserable day on Wall Street when the Dow Jones [...]

Obama vs McCain debate – draw

I watched both these great debaters and think they come out even.  I think Obama debated like he always does, and this time I think McCain stepped it up.  Considering the economy was the main issue, I would have thought Obama would have mopped him up.  He did not school McCain and actually  Obama seemed [...]

Where will the DOW bottom?

It is impossible to know what the bottom will be, but it is best to have an idea what range so you don’t miss opportunities to buy.  After the tech bubble popped, I jumped in and started buying every month using a dollar cost averaging method of all the stocks that I liked.  I think [...]

Alcoa weighs on the stock markets

I don’t follow the metals markets but Alcoa has missed their earnings reports.  After they announced this, the  numbers fell after hours.  This will not be a good start for tomorrow, but you never know.  Seems like bad news moves the markets up, and good news pushes the markets down. According to the Wall Street [...]