Markets End First Week of September in Green
filed in My Investments on Sep.05, 2009
The market week ended on some bad economic news, the jobless rate rose to 9.7%, but for some reason the stock markets shrugged it off and continued their move upwards. Now are the good times still ahead? I would have to think not. Gold stocks are up again towards $1000 which is a strong signal that investors are looking at the safety while markets begin their initial retraction.
Here is the market summary for the week that ended:
With the markets closed until Tuesday, it will be good to watch the over seas markets to gauge what influence they will play on investor fear. I will talk more once Monday comes.
It was a slow week for investments, but I have been extremely busy with work and side projects. A small cool side story, I was just taped for a commercial that will air in the Chicago area. The hospital that I work at opened up a new ward and needed doctors. Well, good timing, and the fact that the shoot had a strong share of women already cast, I was asked to jump in for the shoot and it was a truly fun experience. I am not sure when this commercial will air but will post up the video once it does. Who knows, this could be a start of yet another sector I get involved in.
Happy Investing!
Aman, MBA
Related posts:
- Markets End Wednesday in the Green
- Retail Numbers for September Keep US Markets Positive
- Markets Continue in Green on Tuesday
September 6th, 2009 on 6:18 pm
My professor in Money and Banking this semester has also invested in Gold. I am really surprised though that the Unemployment rate is at 9.7%, at least in my life time.. that’s as high as I’ve seen it go.
Till then,
Jean
[Reply]
Aman@BullsBattleBears Reply:
September 13th, 2009 at 4:19 pm
I remember that at one point we were near full employment and how are hovering at record jobless levels. Gold was a great play and at present might still hold value. Its funny on volatile things have been getting with any sort of logical interpretation of indicators being left out the door.
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September 7th, 2009 on 5:32 am
It’s been quite a lon time since I haven’t visited your blog! Nice to see you are still in the game and making some good profit. How is your doctor work? If I remenber well, you were working at the hospital, weren’t you?
.-= Benjamin Cip´s last blog ..Gr8ecom Webhosting Review =-.
[Reply]
Aman@BullsBattleBears Reply:
September 13th, 2009 at 4:17 pm
Hey Ben,
Still reading your site, keep it up! Yes, very busy with work so trying to build more of a routine in my life. Trying to make money off the markets while working full time and having other things to do is harder, but hopefully I can show that its not entirely impossible.
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September 13th, 2009 on 5:41 am
Are you going to show us the commercial when it is ready to air? I don’t think we can see it in LA
.-= Stock Traders Blog´s last blog ..Baidu September Option Pain Raised Again =-.
[Reply]
Aman@BullsBattleBears Reply:
September 13th, 2009 at 4:16 pm
I hope so! I am going to try to get it recorded off the TV once I find out where/when its going to air. From what I understand its a long piece that was designed to unveil the new wing so either its multiple commercials or those info-dvds you see playing in lobby entrances…hopefully its sooner than later!
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