Dear Diary,
Thank heavens for the Federal Reserve! “Seriously, Fed, never change,” is what I was thinking this morning before the central bank announced its latest monetary policy decision. And it must have heard me, because everything is the same as before! The Fed plans to keep creating money out of nowhere to buy Read More
Dear Diary,
Let me tell you, today was pretty slow. I added 18 points — not a lot, but as usual I’ll take a win.
The tax bill — a compromise between the Obama administration and Congress — appears well on its way to passage. That’s probably good for me in the short Read More
Dear Diary,
This week has been truly remarkable for how boring it’s been. By The Wall Street Journal‘s reckoning, I haven’t had a week this boring since 2006. Today’s climb of 40 points caps off five days of tiny fluctuations in either direction. I just felt flat; there wasn’t much crucial news to Read More
Dear Diary,
I was chugging along just fine until about 3 p.m., when suddenly I lost all my momentum. An hour later, the closing bell rang and I’d racked up a three-point loss. I just kind of petered out there. It’s hard to say why, frankly, but I’ll try to explain.
Obama and Congress reached Read More
Dear Diary,
Happy Hanukkah! I forgot to mention it yesterday, because I was too excited about my enormous victory. Not that it matters a whole lot, because technically Hanukkah hadn’t started yet, because it starts at night, and it was still daytime, and so technically it’s the first day of Hanukkah, so I’m not Read More
Dear Diary,
Cowabunga? Victory? Hooray? Banzai? Batter up? Abracadabra? I’m having a hard time coming up with a word to describe today, but let’s go with “awesome” for now. Today was totally Awesome. With a capital A.
I surged really steeply in the early going and never quit all day, ending with a 250 point Read More
Dear Diary,
Well, we’re back to the full five-day grind after last week’s shortened outing, and I have to admit I feel a little daunted by the prospect of slogging through four more days of worry over the sovereign-debt crisis in Europe. And that negativity was evident today, when I lost 39 points.
So here’s Read More
Dear Diary,
A 151-point gain sure is a good way to head into Thanksgiving. Like just about all of America, I’ll be on pause tomorrow for Turkey Day, then back in operation for only half of Friday.
I had one of those days where everything should have been bad. The FBI is cracking down on Read More
Dear Diary,
I can’t talk for very long, because I have to keep a lookout for the FBI; they could be coming any minute. It’s a nervous day to be working on Wall Street. Three hedge funds got raided today as the Feds started playing rough with insider-trading suspects. Level Global, Diamondback Capital Management Read More
