Dow Jones

There's a great story I read in the New York Times. It’s part business/part technology. (…)

Exxon reported nearly $12 billion in profits for the previous quarter recently. $12 billion! More net profits in one quarter, than ever recorded in the history of mankind.
And what did the stock do? (…)

This article could be titled: Can (fill in the blank) go any lower? I'm not picking on Merck.
The reality is you could drop in Merck, Citibank, General Motors, Ford, J.P. (…)

OK, no names are used in this post! But holy cow!
In the midst of the sell off this week, Bloomberg Radio interviewed a money manager about the current condition of the market. (…)

In just the last month, assets in exchange traded funds increased $17 billion. Total assets in ETF's now total over $600 billion, according to State Street Global Advisors of Boston. (…)

Do you remember the television program, "Who wants to be a Millionaire"?The show was actually featured in a terrific book "The Wisdom of Crowds" by James Suriowiecki. (…)

The period we're in now is not necessarily a "bull market" or a "bear market" but more like a structurally "fair market." I didn't make that up on my own — Tom Dorsey, from Dorsey Wright and Associates in Richmond coined that term. (…)

There was an article distributed nationwide, written by the Associated Press, and carried locally in the Asbury Park Press on March 22, 2008. (…)

UPDATE: Sunday evening, 03/16/2008: Bear Stearns to be acquired by JPMorgan Chase for $2.00 in stock swap deal.
That is NOT a typo!
The stock closed at $30 on Friday. On Thursday, it was $57.00. (…)

The news surrounding Bear Stearns on Friday morning was not good! There are several important elements to this story. (…)

The Dow Jones industrial average dropped below 12,000 today, March 7. In technical terms, this is a significant move. (…)

Another Weird Day on Wall Street
Today, Tuesday, February 26, 2008 we received some negative economic news. (…)

Most Wall Street recommendations to buy are based on projected future revenues and/or projected future earnings. Projected. Or you could say, "predicted". (…)

It appears that nearly everything written or said on Wall Street has an agenda behind it.
This is just a casual observation I've made over the past few months. (…)

OK, in just the last few days, the indicators I rely on to manage your money flipped from defense to offense.
This means we ought to be looking to put money to work. (…)

Indicators turn positive. (…)

 Mullooly Asset Management Podcast: More about the Bullish Percent [3:41m]: Play Now | Play in Popup | Download

More about the Bullish Percent 
A question that’s often asked is, "if your signals suggest we are on defense, why does it seem like the market is still going up?"
Over the last few years, we’ve seen many pullbacks in the range of 5% to 8%. (…)

 Mullooly Asset Management Podcast: The Bullish Percent Index [4:25m]: Play Now | Play in Popup | Download

Remember that the NYSE Bullish Percent tells us the amount of risk currently in the market. It's not a tool that will tell us whether the market will zoom up or down. (…)

 Mullooly Asset Management Podcast: NYSE Bullish Percent [4:02m]: Play Now | Play in Popup | Download

Our main coach, the New York Stock Exchange bullish percent chart has signaled this week it's time to bring the defensive playbook out. "Wealth preservation" becomes the key now. (…)

Lots of people are buzzing because the Dow is at 13,000. Let me tell you, the return over the past six years from the Dow Jones is less than what you could have earned in a money market account. (…)