It seems like the wrong time to be buying stocks right now, considering that every day the market hits a new bottom. On Thursday, markets closed at their lowest point in nearly six years, with the Dow Jones Industrial Average finishing the day at 7,552.29. And its not just stocks that are hurting; oil is below $50 a barrel and 30-day Treasury bonds are yielding less than 1% as investors demand safe havens for their money…its ugly on Wall Street, and people’s savings on Main Street have felt the pain.
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Archive for the ‘U.S. Economic Cycles’ Category
Find Bargains In The Stock Market’s Basement with P/E and Dividend Yield
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(What's this?)
P/E and Dividend Yield Point the Way to Bargains in a Bear Market
(The Wikinvest Daily Angle, 11/20/08)
Dow Jones 10 Year Chart - December 19, 2008
(My Trader's Journal, 12/21/08)
Chart of the Day, 2008 Might Make 100 Year History
(Stock Trading To Go, 12/10/08)
5 Reasons Stocks Will Keep Falling
The Dow Jones Industrial Average fell below 8600 today - bleeding another 7% to continue the incredible losses that have take place all week. It seems like the much anticipated bailout has not had the effect that many anticipated - rather than assuading investor concerns that the worst of the financial crisis was over, it was an inadequate leavy in a flood of capital out of the equity markets and into more stable gold and treasury bonds.
And there’s reason to believe that the markets will keep falling in the great financial crisis of 2008. Some major macroeconomic indicators point to tough times in coming quarters.
Here’s a top 5:
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5 Reasons Stocks Will Keep Falling
(The Wikinvest Daily Angle, 10/9/08)
Calls to Congressmen Running in Favor of Bailout Bill
(naked capitalism, 9/30/08)
Marc Faber Disses the Bailout Plan, Likes the Dollar
(naked capitalism, 10/1/08)





