Market Averages

Take a walk with me down Memory Lane:
1973: S&P down over 17%  (ouch)
1974: S&P down over 29%. (ouch again)
The bottom for the S&P was reached in October 1974. (…)

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. (…)

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. (…)

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. (…)

 Mullooly Asset Management Podcast: Market Averages Head Lower [3:22m]: Play Now | Play in Popup | Download

Am I a broken clock?
Or is the rest of the world figuring out what we've been saying all along? (…)