Tuesday, July 05, 2011

And then, the SP500 Win Streak Ended

imageAfter 5-days of stock market optimism, “ongoing concerns” lead to a flat market.  That’s right.  It’s Greece again.  And China.  And US debt problems.

Man, we were just clickin’ along last week just fine, huh?  I was starting to think the market was going to go up 1% everyday! 

Instead, gold was up $30 an ounce.  Oil prices closed at highest prices in 3 weeks.  Then, there is the US debt ceiling side-show.  Yes, of course they’re going to raise the debt ceiling.  We just have to get all this political posturing out of the way.

Anyway, flat market today…

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