Will President Obama’s State Of The Union Address 2013 Please Investors? Anything’s possible. Stocks rose today and finished close to highs of the session before President Obama’s State Of the Union Address tonight. There doesn’t seem to be a correlation between stocks and political economy risks right now as deficit spending, entitlements along with sequestration…
Stocks Rise On New Year’s Eve 2013 Before Impending ‘Fiscal Cliff’: Stocks rose today on the last day of trading for the year and in the final hours before the fiscal cliff begins on January 1 2013. President Obama spoke today at 1:30 and stated the talks on the fiscal cliff were close to a…
Dow Jones Industrial Average Rebounds From Triple Digit Losses On Late December 30 2012 House Of Representatives Fiscal Cliff Meeting: Stocks came back from early losses on the Dan after senator Harry Reid stated the fiscal cliff seemed like a closer reality. The Dow Jones Industrial Average retreated 145 points but came back after it…
Dow Retreats From Mid-December 2012 Gains As Fiscal Cliff “Plan B” Vote Abandoned: The Dow Jones Industrial Average had triple digit losses today after the U.S. House of Representatives backed away from a vote on “Plan B” to avoid the fiscal cliff. The major feature of Plan B was that it did not raise taxes…
Mid-December 2012 Rally Continues, Has A Deal On The Fiscal Cliff Already Been Reached? Probably not. The stock market continued to rally on hopes a deal over the fiscal cliff is likely soon. The Dow Jones Industrial Average rallied to 13,351 up 116 points even though Republican Speaker of the U.S. House John Boehner and…
