Archive for September 2011

September Cruel Once Again

It was a brutal week for stocks, suffering their worst set back since the fall of 2008 on disappointing news from the Fed and more weakness in the Euro zone. For the week the Dow fell 6.4% while the S&P500 shed 6.5%. The inflection point came on Wednesday afternoon after the Fed failed to impress…

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Potential Greek Default Hits Stocks

September has a reputation as being a tough month for stocks. Since 1929, it has yielded an average loss of 1.4% for the Dow Jones Industrial Average and 1.3% for the S&P500. It is also the only month of the year that has been down more than 50% of the time. But this time around,…

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Jobs Weigh, Gold Up Again

We saw a slightly mixed performance from stocks this week, with the averages trading well into the green before a disappointing jobs report on Friday killed the party. For the week, the Dow, S&P500 and NASDAQ all closed marginally in the red. Stocks traded strong for most of the week leading into Fridays jobs report…

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