Week’s ending market report

A good week, except for the plunging dollar and stagnant employment and housing picture, but no economy is perfect, right? Gold is finally coming back to life a bit: $1663/oz. Silver, too, closing at $31.27. A far cry from their highs, but hey! Crude oil is creeping up, now at $104.81.

But, ah! The Stock Market, as seen in our Model Portfolio Index, is riding high. With bank savings rates at less than 1 percent, this looks pretty good. Naturally, the market could plunge and we might sink back to where we started or even lower. However, these companies are all pretty stable. Notice we didn’t beat the DJIA. But who cares?

Symbol Price Change
31.08 +0.05 +0.16%
33.79 -0.05 -0.15%
45.63 +0.02 +0.04%
82.00 +0.75 +0.92%
105.67 +0.45 +0.43%
Total (USD) $5,963.40 24.40  0.41%
Cumulative                               901.40  17.81%

About InvestingforOne

I've been investing in various assets by myself using a discount broker for many years. Over that time, I've developed some theories that others might find useful. Plus, there is more to investing than money. Time, talent, work, friends, family all go into developing a good and satisfactory strategy.
This entry was posted in Basics, Market Indexes and tagged , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s