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Stocks Rally After Selloff |
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Written by Value Seeker
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Tuesday, 29 July 2008 |
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On Monday, traders sold off the market, sending the Dow down by 250 points. Today, after a sharp drop in oil prices, the market roared back, erasing yesterday's losses. |
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Democrats and Offshore Drilling |
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Written by Value Seeker
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Tuesday, 22 July 2008 |
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There’s no doubt in my mind that the price of oil is hanging over investor’s heads. Last week’s rally was in no small part spurred by the sudden and steep drop in oil prices. There are a few reasons for last week’s oil price drop, but Bush’s push to allow for offshore drilling definitely played a part. |
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Written by Value Seeker
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Thursday, 17 July 2008 |
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Dow is up 200 points as oil continues to fall. The major indices close out of bear market territory. |
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