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.
- Markets End Wednesday in the Green
- Retail Numbers for September Keep US Markets Positive
- Markets Continue in Green on Tuesday