by Michael Vodicka | Jul 31, 2011 | All Updates, Weekly Update
It was a tough week for stocks, with the averages posting their biggest loss in a year on uncertainty out of Washington. For the week, the Dow fell 4.2%, putting July on pace for the market’s third consecutive losing month. We all knew the debt ceiling was going to be...
by Michael Vodicka | Jul 24, 2011 | All Updates, Weekly Update
We saw a pretty solid performance from stocks this week, with the averages posting another green finish in spite of some weakness on Friday. That little down draft came on news that Caterpillar’s (CAT) third-quarter results had fallen short of expectations....
by Michael Vodicka | Jul 17, 2011 | All Updates, Weekly Update
The Fed took center stage this week, with the most powerful Central Bank in the world saying it is prepared to stimulate the economy on any major signs of weakness. That’s a huge deal for the market, resolving uncertainty about the Fed’s involvement in the economy...
by Michael Vodicka | Jul 10, 2011 | All Updates, Weekly Update
We saw a pretty solid performance from stocks this week, with the averages closing in the green and holding their recent string of gains. The only bump in the road was Friday’s weak jobs report, where stocks fought back from a tough morning session to close with a...
by Michael Vodicka | Jul 2, 2011 | All Updates, Weekly Update
We saw an amazing performance from stocks this week, with the averages leaping to their best performance in two years on Greece’s freshly minted rescue package and some encouraging economic data. For the week, the Dow added 650 points to close at 12,583. The big break...