Sherry's Place

The European debt crisis is likely to have only a “modest” impact on the U.S. economic recovery as long as Wall Street stabilizes, Federal Reserve Chairman Ben Bernanke told Congress on Wednesday. continue

On Friday May 7, 2010, 12:14 am EDT

HONG KONG/NEW YORK (Reuters) – Stock exchange operator Nasdaq OMX Group Inc issued the names of hundreds of stocks for which it is canceling trades following Thursday’s sudden stock market plunge. Continue

This is a really good article by Fidelity Investments. I found it on Yahoo.

Millions of senior citizens are discovering that they do not have adequate financial resources to retire. Some seniors are unable to retire due to the recent economic crisis and others due to poor financial habits. The stark truth is this: financial decisions that you make on a daily basis have a direct impact on your financial future. Poor financial habits will have you working longer, retiring later and finding yourself flat broke in your golden years. Here are six financial habits that could be keeping you from reaching your retirement dreams. continue

With less then 2 hours before the market closes today, stocks are down a little. When stocks are down is a good time to buy usually. We bought CAG (conagra), KMB (KimberlyClarke) and BMY (BristolMeyers). CAG is now paying a .20 per share dividend. All the ones we bought today are good dividend payers and we will probably hang on to them.

4:05 PM- The stocks closed up today. We hope you all had a good day on Wall Street. We are pleased with how we did. We did 1 sell today of PIR. Our dividend paying stocks are doing real good, you got to love it when you get a dividend payment.

NEW YORK (CNNMoney.com) — Stocks rallied Monday, with the Dow edging closer to 11,000, as investors returning from a long weekend welcomed last week’s jobs report, the morning’s strong housing market report and the launch of Apple’s iPad device.

The market also kept an eye on the 10-year Treasury note yield, which surged to 4% as investors dumped treasuries in favor of riskier assets. Oil prices surged to nearly 18-month highs. The dollar was mixed versus other continue

We want to wish everyone a safe and happy Easter!

CNBC has an article out saying “Jobs Report May Spark Plenty Of Trading—Outside of Stocks”.
The much-anticipated March jobs report may land on a closed stock market, but it could spark plenty of action elsewhere. Bonds, futures and foreign-exchange markets will all be open for abreviated sessions on Friday, so investors will still be able to trade on the report when it’s released at 8:30 am ET. Continue

WASHINGTON (AP) — The Obama administration set tougher gas mileage standards for new cars and trucks Thursday, spurring the next generation of fuel-sipping gas-electric hybrids, efficient engines and click to continue

2 stocks in the Healthcare sector to watch today are ISIS (Isis Pharmaceuticals Inc.0 and GKS (GlaxoSmithKline). GSK and ISIS announced a new strategic alliance that will apply the Isis antisense drug discovery platform to seek out and develop new therapeutics against targets for rare and serious disease. Isis is heading up even as I type. I have a bid to buy for 11.15 but I don’t know if it will get that low again today. I may be raising my bid on it. Off to check on GSK.

This should be good news for all investors. CNN Money is reporting Stocks gained Monday, pushing the Dow to its highest point in a year-and-a-half, after a report showing a rise in consumer spending added to bets about the strength of the economic recovery.

The Dow Jones industrial average (INDU) added 45 points, or 0.4%, ending at 10,895.86, the highest point since Sept. 26, 2008, when it closed at 11,143.13. The S&P 500 index (SPX) gained 7 points, or 0.6%. The Nasdaq continue

CNN Money is a good place to get after market stock reports.