Friday, July 21, 2006

Today Was Options Expiration Day

Therefore, many good stocks were pushed down to make several options expire worthless today or for less money after the good spike we had in the market the other day. Here's hoping that we have a run in the market next week. We need it!

Wednesday, July 19, 2006

Bernanke: Interest Rate Hikes May Be Over

Ben Bernanke Signals That Two-Year Campaign of Raising Interest Rates May Be Coming to an End. What does this teach us. Well, when all looks lost the markets usually turn around. Shorts will be covering on this news and drive many of our stocks back up to higher levels.

Dow Shoots Up 100 Points After Bernanke Comments

Seems that Uncle Ben feels that inflation may be under control now. This is a good sign for the bulls.