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Monday, March 29, 2010

Sunday Funnies: Retail Sales & Investors

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Most of this past week the stock market was erratic. News from Asian and American Markets was generally positive sending the indexes higher, until unsettling news from the European Union let the air out of the tires resulting in 100 point swings of the Dow Jones Industrial Average which ended Friday up about 50 points for the week at 10,850.36.



Each day started upbeat and then we would hear about Greek debt, bonds coming due, Germany pushing for IMF participation in any plan to help Greece; and finally when this looked to be settled we then got news of economic turmoil in Portugal. This activity stimulated me to write the following recent commentary.




The Dow fell shy of the 11,000 mark and would have past it if not for the fact that the market is trading on low volume, with many traders ever watchful, seemingly with one foot out the door.

Continue reading Sunday Funnies: Retail Sales & Investors

Sunday Funnies: Retail Sales & Investors originally appeared on BloggingStocks on Sun, 28 Mar 2010 15:20:00 EST. Please see our terms for use of feeds.

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