Dear Diary,
Phew! I am feeling so relieved about that whole little foreclosure-paperwork problem. Maybe all that stress I was feeling on Friday was over nothing. The financial stocks led the way today, and I logged a gain of 81 points.
I think I owe at least part of today’s victory to Citigroup, which Read More
Dear Diary,
Just as I predicted, a down day! And guess which of my stocks had a big hand in dragging me down? That’s right. Bank of America and JPMorgan Chase, all thanks to this silly problem of improperly filed foreclosure paperwork. Shares of BofA took a 5.2 percent tumble as an analyst Read More
Dear Diary,
I broke a perfectly good winning streak — a four-session-long, 266-point gain — all because some underqualified clerks have been throwing away, improperly signing and generally making a mess of foreclosure documents for the banks.
The close losses always hurt the most, and it’s hard to imagine a closer call than today’s Read More
Dear Diary,
The numbers just keep going up, my friend. Of course, that’s what happens when two blue-chip companies report super-solid third-quarter earnings. JPMorgan Chase handily beat expectations when it reported this morning, and Intel had similarly rosy results yesterday after the stock market closed.
Both those stocks underperformed, but their positive results Read More
Dear Diary,
If coffee’s for closers, then pour me a Venti, because I brought the week home with a brass-ball finish. Today’s 58-point rally leaves me ending the week at 11,006, my highest level since May of this year. I’m up 1.6 percent for the week and 5.6 percent so far this year. How Read More
Dear Diary,
So I’m a little antsy about tomorrow’s big September jobs report from the Department of Labor. I think that’s really the best explanation for my inability to pull my head out of my rear. I stayed negative pretty much all day and closed down 19 points. Not too terrible, but definitely not a Read More
Dear Diary,
My, but doesn’t it feel special to rack up 193 points in a single day! I haven’t felt this good since May. Twenty-nine of my 30 stocks ended the day higher. The one stock to finish lower was American Express, still hurting from that stupid Department of Justice investigation.
The Institute for Read More
Dear Diary,
Kicking off Rocktober with a bang, man. And man, now that the third quarter is in the books, I’m looking ahead to my favorite time of year: Q4, with the Christmas buying spree, the cycle of ramped-up economic activity, and all the economic merry-making that comes with the winter months.
And just like Read More
Dear Diary,
Seven point seven. Write that down. That’s my percentage increase for September, the best I’ve done this time of year since 1939. Even after today’s 47-point decline, I’m feeling pretty righteous about how I’ve handled this month, which is typically a harsh and painful time for me.
A few nuggets of Read More
Dear Diary,
Not bad at all. After today’s upswing, it’s like yesterday’s mess never even happened. I’m notching a 46 point gain for today, I’m up 8.4 percent for the month, and my year-to-date return is 4.1 percent.
You wouldn’t have thought I’d be so bubbly given today’s economic data. The Case-Schiller data Read More
