Archive for October 2011

The Raging Bull That Is Ocobter

For as bad a month as September was, October is turning out to be even better. With a huge rally hitting the market on Thursday on news of a comprehensive financial package for the Euro zone, stocks logged their 4th consecutive winning week and lifted 2011 to the best October in the history of the…

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Third Winning Week in Hand

Stocks blasted higher on Friday to put the finishing touches on another winning week as better than expected economic data, strong earnings and optimism for the Euro zone lifted the mood. For the week, the Dow and S&P500 both gained more than 1% for their third consecutive week of gains while the NASDAQ closed in…

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Stocks Score Second Winning Week

October kept up its winning ways, with stocks posting their second consecutive weekly gain on Q3 earnings and more optimism for the Euro zone. There were two main factors driving the action on the Street this week. The first was the Euro zone, where France and Germany pledged to create a long-term solution for the…

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October Brings Hope for Stocks

Stocks managed to squeeze out a small gain on the week after some better than expected economic data gave the market hope a recession would be avoided. The green finish breaks a streak of weakness that had gripped the market for the last two months. The Dow was down 4.25% in August and just over…

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