Archive for November 2011

Market Stays Weak, Jobs on Tap

It was an ugly Thanksgiving week for the market, with stocks falling sharply as the Euro zone continues to buckle under mounting financial pressure. The averages posted their worst holiday week since 1932, with stocks now closing in the red for 6 consecutive sessions. I’m not sure how many different ways it can be said,…

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Stocks Down on EU and US Debt

It was nothing but another action packed week of Euro zone madness, with stocks falling into the red as investors continue to fret over rising bond yields. For the week, the Dow fell 3% while the S&P 500 and NASDAQ both shed close to 4%. I am starting to wonder how many different ways I…

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Stocks Volatile as Italy Bends

It was a tale of two markets this week, with stocks falling sharply early in the week before the resignation of Italian Prime Minister Silvio Berlusconi sent the averages rallying into the weekend. The Dow, S&P 500 and NASDAQ all finished marginally in the green for the week. The latest domino to fall, or at…

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Greece Going Rogue, Market Not Happy

Just when you thought the Euro zone story couldn’t get any weirder, it did. After agreeing to bailout terms from the European Union and EFSF (European Financial Stability Facility) last week that set off a huge rally in stocks, Greek Prime Minister George Papandreou (G-Pap) shocked the market over the weekend by announcing plans for…

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